Daily News: September 25, 2012

Triumph Adds Three to Asset-Based Lending Group

Triumph Commercial Finance announced the addition of seasoned veterans Kim Grant Anderson, Anthony Acosta and Chris Benson to its asset-based lending group.

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, 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.

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, 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.

Benson brings more than ten years of experience in commercial finance to Triumph and will serve as vice president, portfolio manager. Prior to joining Triumph, 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.

“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.”

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.”