Triumph Financial, Inc.

Dallas-based bank holding company specializing in trucking payments and factoring

What Triumph Financial does

Triumph Financial runs a U.S. bank that takes deposits and makes business, real estate, agricultural and consumer loans. It also has a big focus on the trucking industry: it buys truckers' unpaid invoices for cash (factoring), processes and audits freight payments, and offers carriers a digital bank account called LoadPay. It also scores and benchmarks the service and performance of trucking companies.

How Triumph Financial makes money

It earns net interest income from loans (including mortgage warehouse and asset-based lending) funded by customer deposits, plus factoring discounts and fees from freight payment, audit, intelligence and banking services for the trucking industry.

Products & services

• Transportation factoring
• Freight payment and audit services
• LoadPay digital bank account for carriers
• Trucking service and performance scoring/benchmarking
• Commercial, real estate and equipment loans
• Mortgage warehouse facilities