2013-10-05

Morris Horstmann Joins Triumph Commercial Finance to Expand Asset Based Origination in the Southwest 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 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.”

Mo 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, Mr. 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.

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.

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