Daily News: September 26, 2013

Morris Horstmann Joins Triumph to Expand ABL in the Southwest

Triumph Commercial Finance, a member of the Triumph Bancorp group and provider of asset-based lending, accounts receivable financing factoring) and equipment finance solutions to small and mid-sized businesses nationwide, announced the appointment of Morris “Mo” Horstmann as the regional sales executive for asset based origination in the Southwest.

“I’m excited about the opportunity to continue Triumph Commercial Finance’s expansion with the addition of a former colleague,” said Dan Karas, executive vice president, Asset Based Lending. “The breadth and depth of expertise, industry relationships and market awareness that we have found in Mo will bring value to the clients Triumph serves.”

Horstmann has more than 40 years of asset-based lending experience in origination and leadership positions. Prior to joining Triumph Commercial Finance, he was a senior vice president with Frost Capital from 2000 to 2013 where he was highly successful in asset based origination in Texas and contiguous states. Committed to serving the asset-based lending industry and its clients, Horstmann held similar positions at Bank of America and CIT over the course of his career. He is a graduate of Texas A&M University with a finance degree.