![]() ![]() Triumph Financial’s expected financial results or other plans are subject to a number of risks and uncertainties. Investors are cautioned that such states are predictions and that actual events or results may differ materially. This press release contains forward-looking statements within the meaning of the federal securities laws. Headquartered in Dallas, Texas, its diversified portfolio of brands includes TriumphPay, Triumph and TBK Bank. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. Banking products and services offered by TBK Bank, SSB. Equipment Finance and Asset Based Lending products and services offered by TBK Bank, SSB. are NOT A DEPOSIT, NOT FDIC INSURED, NOT GUARANTEED BY THE BANK, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY AND MAY GO DOWN IN VALUE. | TX License #1941647 | Insurance Products and Services offered through Triumph Insurance Group, Inc. Triumph Insurance Group, Inc., DBA in CA Triumph Risk and Insurance Solutions, All Rights Reserved. ![]() Insurance products and services offered through Triumph Insurance Group, Inc., a subsidiary of TBK Bank, SSB DBA Triumph. ![]() Factoring products and services offered by Triumph Financial Services LLC, a subsidiary of TBK Bank, SSB, DBA Triumph. Triumph is a member of the Triumph Financial, Inc. Triumph provides a unified product offering that includes invoice factoring, fuel discount programs, truck and cargo insurance and access to equipment finance, banking and treasury services. Triumph is a leading provider of cash flow management services for the trucking industry. You can read more about the rebrand announcement here: The company recently completed a brand consolidation of Triumph Business Capital, Triumph Insurance Group and Triumph Commercial Finance, allowing its factoring, insurance and banking services for the transportation industry to go to market as the single brand – Triumph.Īs such, Wess Peterson continues as president of Triumph’s insurance division and Todd Ritterbusch as president of TBK Bank, which includes the equipment finance and asset based lending divisions. We will work to demonstrate our commitment to improving the financial lives of the companies we serve and the team members who share their talents with us.” “Triumph is widely known and respected as an industry leader and innovator. "I am honored to accept this new role within Triumph, and to help lead a talented and experienced team dedicated to serving the transportation industry,” Valdez said. Valdez served as the chief lending officer for Transportation Alliance Bank. Prior to founding Pavestone Capital in 2012, Mr. He joined WEX in 2019 when the company acquired Pavestone Capital, a factoring company co-founded by Valdez that served small and middle-market transportation and other non-transportation industries. Prior to joining TriumphPay last year, Valdez worked at WEX Fleet One Factoring, where he managed the daily operations of its transportation factoring portfolio. His experience there, plus decades in the factoring industry, makes him the ideal leader for Triumph and an ambassador for the entire transportation factoring industry.” This is why we built TriumphPay, which is where Tim has spent the last year. Our goal is for Triumph to thrive as a factoring company and for the entire transportation factoring industry to thrive. “Factoring provides the gateway for entrepreneurs to fulfill the American dream of starting and building a business. Graft, vice chairman and chief executive officer of Triumph Financial. “We’re excited to welcome Tim into his new position,” said Aaron P. ![]() TriumphPay providers audit and payment services to the transportation factoring industry, including to Triumph. Prior to this promotion, Valdez served as senior vice president for TriumphPay. In this new role, Valdez will now oversee the strategic direction of Triumph’s factoring vertical. (Nasdaq: TFIN) portfolio of brands and a leading provider of working capital financing solutions to the transportation industry, announced today the appointment of Tim Valdez as president of its factoring division. 13, 2022 (GLOBE NEWSWIRE) - Triumph, a member of the Triumph Financial, Inc. ![]()
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