Dallas, Tx (PRWEB) January 16, 2013
Triumph Commercial Finance is pleased to announced that it has provided a $2.5 million revolving credit facility through a multi-year agreement to The Bradshaw Group, Inc. of Richardson, Texas.
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.
The Bradshaw Group, Inc. is a leading manufacturer and global supplier of network and production printer parts, supplies and refurbished equipment.
“The refinancing of our debt with Triumph Commercial Finance represents a significant achievement for Bradshaw as we prepare the company for its future,” said Lee Weiner, Bradshaw’s CFO. “This new credit facility creates additional strategic optionality that under the previous arrangement simply was not available. The company now has the necessary working capital structure to execute on both our strategic initiatives and operational growth plans.”
“Triumph Commercial Finance is committed to meeting the specific needs of our clients by partnering with them to create customized solutions,” stated Dan Karas, Executive Vice President of Asset Based Lending for Triumph Commercial Finance. “Bradshaw has an exceptional reputation in its industry and we are excited to be a part of their continuing success story.”
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. We offer alternative funding options to businesses that are often ignored by traditional financial institutions during challenging economic times. If your company has accounts receivable, inventory, machinery, equipment or other unencumbered assets, Triumph’s creative business lending solutions can offer a new perspective. Let Triumph Commercial Finance become your financial partner. We are “Wide Open for Business.”
Triumph Savings Bank, SSB, d/b/a Triumph Commercial Finance.