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Triumph Commercial Finance Adds Three to ABL Group

September 20, 2012, 08:00 AM

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 and 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, EVP, 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 VP, 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.

Anthony Acosta brings nearly 30 years of experience in asset based lending and factoring to Triumph and will serve as VP, Underwriting and Field Examination Manager. Prior to joining Triumph, Acosta served as VP 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.

Chris Benson brings more than ten years of experience in commercial finance to Triumph and will serve as vice president and portfolio manager. Prior to joining Triumph, Benson served as a 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 its asset-based lending division. He began his career as a field examiner/auditor with Associates First Capital Corporation, prior to their acquisition by Citigroup.

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.”

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