Triumph Continues Expansion of its Commercial Finance Platform with Addition of Anderson, Acosta and Benson

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Triumph Commercial Finance Adds Kim Grant Anderson, Anthony Acosta, and Chris Benson as Key Members of its Asset Based Lending Group

Triumph Commercial Finance, a member of the Triumph Bancorp, Inc. group and provider of asset based lending, accounts receivable financing (factoring) and equipment finance solutions to small to mid-sized businesses nationwide, today announced the addition of seasoned veterans Kim Grant Anderson, Anthony Acosta, and Chris Benson to its Asset Based Lending group.

“Triumph Commercial Finance is a client-centric business designed to meet the growth needs of the small and middle market businesses,” said Dan Karas, Executive Vice President, asset based lending. “It is a pleasure to welcome these three new colleagues whose breadth and depth of secured lending expertise will allow us to deliver an exceptional client experience that aligns with our core values which include innovation, mutual respect, and transparency.”

Kim Grant Anderson brings more than 12 years of combined sales and sales management experience to Triumph. She will serve as Vice President, Business Development with a focus on expanding the client portfolio for asset based lending and factoring. Prior to joining Triumph, Ms. Anderson served as Vice President for Gulf Coast Business Credit, the factoring division of Gulf Coast Bank & Trust, where her responsibilities included sales, marketing, underwriting, and client retention. She began her career in the finance industry with Allied Capital Partners where she was tasked with building the privately held factoring start-up. Ms. Anderson is also actively involved in several industry organizations, serving on the board of the Commercial Finance Association and as the Membership Chair of the Women’s Finance Exchange. Ms. Anderson received a Bachelor of Science from Texas A&M University.    

Anthony Acosta brings nearly 30 years of experience in asset based lending and factoring to Triumph and will serve as Vice President, Underwriting and Field Examination Manager. Prior to joining Triumph, Mr. Acosta served as Vice President and Underwriting Manager for Marquette Commercial Finance, where he was primarily responsible for leading the due diligence process, including coordinating department involvement, credit structuring and investigation. He has also served as Audit/Field Examiner Manager for Core Business Credit and the Assistant Audit Manager for GMAC Healthcare Group. Mr. Acosta also spent 16 years with CIT Commercial Finance. He received a Bachelor of Science in Business Administration, Finance from the California State University at Los Angeles.

Chris Benson brings more than 10 years of experience in commercial finance to Triumph and will serve as Vice President, Portfolio Manager. Prior to joining Triumph, Mr. Benson served as Senior Portfolio Manager for GE Capital’s Equipment Finance Wholesale division, where he managed several loan portfolios including the division’s largest portfolio, Transportation Wholesale Credit. Prior to that, he spent five years with GE Capital’s Corporate Lending division. Mr. Benson joined GE Capital from Citigroup where he served as Vice President, Account Executive for their Asset Based Lending division. He began his career as a Field Examiner/Auditor with Associates First Capital Corporation, prior to their acquisition by Citigroup. He received a Bachelor of Business Administration, Finance from Texas A&M University and International Masters of Business Administration from the University of South Carolina.

Steve Hausman, Chief Executive Officer of Triumph Commercial Finance said, “Triumph is committed to building a best in class commercial finance organization that is focused on helping our customers grow their businesses. I am confident that the wealth of experience and the depth of knowledge Kim, Anthony, and Chris bring to our asset based lending team will help us realize that goal.”

About Triumph Commercial Finance

Triumph Commercial Finance, a member of the Triumph Bancorp, Inc., group, provides asset based lending, accounts receivable financing (factoring), and equipment finance solutions for small to mid-sized businesses nationwide. Triumph Commercial Finance offers alternative funding options to businesses that are often ignored by traditional financial institutions during challenging economic times. Triumph’s creative business lending solutions can offer a new perspective for companies with accounts receivable, inventory, machinery, equipment or other unencumbered assets. Triumph Commercial Finance is “Wide Open for Business.”

Triumph Savings Bank, SSB, d/b/a Triumph Commercial Finance.

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Amanda McCutcheon
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