Kimberly Fisk has been in the factoring business long enough to remember when factoring was known as the F-word.
But the growth that Fisk, recently installed chief operating officer at Triumph Financial Services LLC, has seen in her more than 11 years at Triumph is enormous. Triumph now purchases about 600,000 invoices per month for factoring. Five or six years ago, she said, “It was about half of that, because we have grown much more in size in the last couple of years.”
FreightWaves...