Triumph Business Capital
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Trucking
A transformed Triumph Bancorp talks its hot market and future in call with analysts
With two significant acquisitions in the last year, the major force in factoring embarks on a new path.
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Trucking
Fragmented factoring business may soon shift toward larger players
As TriumphPay gets set to bring in HubTran, a business with lots of companies may become one with far fewer firms.
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Business
Wall Street gives very big thumbs-up to Triumph-HubTran deal
One interesting aspect of the report by B Riley: Could TriumphPay and Triumph Capital be headed in different directions?
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Technology
HubTran is final piece for TriumphPay in buildout of a transportation payments network
TriumphPay is acquiring HubTran to integrate machine-learning capabilities for a fully integrated payments network for its customers.
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Trucking
Aggressive growth targets for TriumphPay laid out
A $4.8 billion run rate for the quarter is expected to be at $7 billion by the end of the year: Triumph Bancorp CEO Graft
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Trucking
The Daily Dash: Amazon and malls; Convoy’s big deals; and could a big deal fall through?
In today’s edition of The Daily Dash, Amazon is looking at how it might utilize mall space and Convoy unveils some big deals for carriers.…
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Trucking
Sale of Covenant factoring business to Triumph hits a snag
Sale of TFS hits a dispute over status of more than half the assets in the deal
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News
Triumph’s factoring business softens in most significant metrics
Number and average size of invoices purchased both declined from 1Q 2020 and 2Q 2019
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Trucking
Covenant sells its factoring arm to Triumph
TFS being sold for more than $100 million, other considerations
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News
Trucker Path partners with Motel 6 to offer 12% discount to drivers during COVID-19 pandemic
Motel 6 is offering a 12% discount to truck drivers who book a room at one of its 1,400 hotels through the Trucker Path app.
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