Triumph Business Capital, member of the Triumph Bancorp, and provider of invoice factoring solutions to small- and medium-sized businesses, announced the addition of two industry veterans. Jack Louden and Nancy Kalman have been named Vice President, Business Development Officer and will promote Triumph Business Capital's general factoring services in the West and Midwest regions.
"Triumph Business Capital is perfectly positioned to continue its leadership in transportation finance as well as offering non-transportation small and medium sized enterprises a comprehensive and competitively priced general factoring product," said Blaine Waugh, Senior Vice President, Business Development. "Jack and Nancy bring the right amount of experience and skill to promote our general factoring service to small- and medium-size businesses in a range of industries, from temporary staffing to manufacturers to government contractors.
Louden comes to Triumph Business Capital with over 20 years of experience in business to business sales and finance. Prior to his role at Triumph, Louden served as Business Development Manager at Riviera Finance where he was responsible for delivering cash flow solutions to the Colorado and Wyoming market. He also was self-employed for 18 years where he recruited, trained and managed sales associates and managers.
Kalman has joined the Triumph Business Capital team as a seasoned sales executive with more than 20 years of professional experience in the financial services industry and holds a deep understanding of the secured lending market place. Prior to joining Triumph Business Capital she handled Business Development at Hilco Trading Company, Bank of America Business Credit and Wells Fargo. For more than two decades she has been an active member in the Association for Corporate Growth, Turnaround Management Association and Commercial Finance Association.
Triumph Business Capital is a provider of invoice factoring solutions for industries including transportation, oil and gas, manufacturing, staffing, security, wholesalers, distributors and business services. Since joining Triumph Bancorp, Inc. group in January 2012, Triumph Business Capital has the ability to offer equipment financing and asset-based lending products through Triumph Commercial Finance and insurance through Triumph Insurance Group.