McGinty Road Partners, a multi strategy investment firm, announced it has closed a new senior lending facility with Texas Capital Bank to further expand its equipment leasing capabilities. The size of the facility was not disclosed.
Steven Katz, Senior Vice President, Lender Finance at Texas Capital Bank, commented: “We are thrilled to provide financing to McGinty and its best-in-class management team. Providing revolving lines of credit and treasury services to our Lender Finance borrowers is just one of the ways that Texas Capital Bank delivers substantial value for our clients at every stage of their business life cycle.”
Tiffany Parr, Partner and Chief Financial Officer of McGinty Road Partners, commented: “Expanding McGinty Road’s financing will allow us to grow our business and we are delighted to partner with Texas Capital.”
Founded in 2016, McGinty Road Partners is based in Minneapolis, MN. MRP deploys capital among three distinct yet interrelated niche strategies, including equipment finance, loan portfolios and corporate credit.