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Recent News From Triumph

  • January 21, 2016

Working capital challenges in the manufacturing industry

Even when a manufacturing company has a healthy asset position and is profitable, they can have liquidity problems with insufficient working capital. Working capital represents the short-term assets available to a business to meet financial obligations. But because supplier and production expenses are often required to be paid several months before goods are actually sold…

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  • January 16, 2016

New Lease Accounting Rule Set to Put More Liability on Corporate Balance Sheets

Introduction to new lease accounting rule A new rule was passed by the Financial Accounting Standards Board, or FASB, Wednesday, November 12, when they approved a new lease accounting rule that will increase the amount of liability companies must report on their balance sheets. Those that lease equipment must now report all long-term operating leases…

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  • January 15, 2016

Bill King Joins Triumph Commercial Finance to Expand Equipment Finance Origination in the Southeast

Triumph Commercial Finance adds Bill King as Vice President, Regional Sales Manager Triumph Commercial Finance, a member of the Triumph Bancorp, Inc. group and provider of asset based lending, accounts receivable financing (factoring) and equipment financesolutions to small and mid-sized businesses nationwide, today announced the addition of Bill King to its equipment finance division as Vice President, Regional Sales Manager. “Triumph…

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  • January 15, 2016

Triumph Commercial Finance Continues the Expansion with the Addition of Schaefer

Triumph Commercial Finance Adds Guy Schaefer as Vice President, Regional Sales Manager of Equipment Finance Group Triumph Commercial Finance, a member of the Triumph Bancorp, Inc. group and provider of asset based lending, accounts receivable financing (factoring) and equipment financesolutions to small and mid-sized businesses nationwide, today announced the addition of Guy Schaefer to its equipment finance division as Vice President,…

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  • January 15, 2016

Triumph Bancorp, Inc. Announces Executive Changes

Triumph Bancorp, Inc. (“Triumph”), a financial holding company with interests in community banking, commercial finance and investment management, today announced a series of management assignments. Dan Karas has been named Chief Lending Officer of Triumph’s Dallas-based banking subsidiary, Triumph Savings Bank, SSB, effective July 1, 2014. In this role, Karas will oversee Triumph’s lending operations. Karas succeeds…

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  • January 15, 2016

Triumph Bancorp, Inc. Completes Acquisition of Doral Healthcare Finance

Triumph Bancorp, Inc., through its subsidiary, THE National Bank, a full-service community bank, today announced the completion of its previously announced acquisition of the lending platform and certain assets of Doral Healthcare Finance (“DHF”). In conjunction with the acquisition, Doral Healthcare Finance has been rebranded Triumph Healthcare Finance, effective immediately. Triumph Healthcare Finance will continue to…

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  • January 14, 2016

Triumph Commercial Finance Expands Team With Addition of Allin, Simshauser and Chapman

Triumph Commercial Finance, a provider of asset based lending, factoring and equipment finance solutions for small to mid-sized businesses nationwide and member of the Triumph Bancorp, Inc. group (Nasdaq:TBK), today announced Jim Allin, Mark J. Simshauser and Jason Chapman as additions to its commercial finance team. Jim Allin will lead the Triumph Commercial Finance asset…

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  • January 14, 2016

Triumph Commercial Finance Proudly Sponsors the Texas ACG Capital Connection

Triumph Commercial Finance is a Gold Sponsor for the upcoming 12th Annual Texas ACG Capital Connection on February 25-26 in Dallas. Chief Lending Officer Dan Karas, Senior Vice President Jim Allin, Regional Sales Executive Mo Horstmann and Business Development Officer Kim Anderson will represent Triumph at the event. If you plan to attend the Texas ACG Capital…

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