LAST UPDATED: March 18, 2020
With the near daily and evolving updates related to the Coronavirus (COVID-19), we wanted to take the opportunity to remind our clients, business and community partners, how we’ve prepared for this and other potential crises.
Our strong business continuity plan means it is business as usual
One of the many advantages of being a part of Triumph Bancorp is that Triumph Business Capital is constantly required to proactively meet or exceed the business continuity standards of a federally regulated, publicly traded bank (NASDAQ).
This means that for years, Triumph Business Capital has routinely subjected its business continuity plan, which includes its infrastructure, operations, information technology and security protocols, to the same audit and review processes imposed on a FDIC-insured commercial bank.
The result of these preparations is this: although COVID-19 has become a material threat to many global businesses, the underlying business continuity protocols that Triumph has long had in place position it to operate with minimal disruptions, even in the face of a global pandemic. Prior to COVID-19, these protocols have been tested by real events, such as extended, catastrophic power outages, as well as routinely audited by internal and external experts.
We are committed to our client funding needs in a timely manner
In short, Triumph Business Capital has been preparing for COVID-19 long before we knew its name. Our systems are sound, our technology is flexible and our redundancy platforms are battle tested. Most importantly, our teammates, whether serving from one of four offices or from a remote environment in response to CDC recommendations, are wholly committed to meet our clients’ funding needs in a timely and precise manner.
Triumph Business Capital deeply values our clients’ trust in us as their working capital partner. It’s why our team works each day with enthusiasm and passion to provide excellent client service, and we are confident that COVID-19 will not materially impact our ability to serve you.
Thank you for your continued trust in Triumph Business Capital,
Triumph Business Capital
Chief Executive Officer