JACKSONVILLE, Fla., Nov. 29, 2016 /PRNewswire/ -- Triad Financial Services, Inc. (Triad) today announced loan origination data for the first 9 months of 2016. A total of 5,684 loans have been funded by Triad for the 9 months ending 9/30/16, a 35% increase over the same period in 2015.
Commenting on the news, Don Glisson, Jr., CEO, had the following comments: "I am very proud of the entire team at Triad, as growing 35% in one year is no easy task but our team answered the challenge and exceeded expectations. Our growth has outperformed the industry the past several years and we believe our superior products and best in class customer service will be the reasons we continue this trend. All indications point to a strong finish to the year as we funded over 700 loans in October, which has us on pace for over 7,700 for the calendar year. We continue to offer competitive programs to the manufactured housing industry such as our Silver Program, which allows borrowers with less than perfect credit to qualify for a loan. Our Silver loan production is up 160% year over year but we know there is still a lot of upside in that program. Our Servicing, Floorplan and Insurance Departments have also experienced tremendous growth and I congratulate our team of 200 employees for being the best in the business and for making Triad far and away the largest independent finance company in the manufactured housing industry. We appreciate the support of all our Retailer, Community, Supplier and Manufacturing and Lending partners as we could not have accomplished this without them."
About Triad: Triad is a privately held, full service finance company based in Jacksonville, Florida with locations in Bourbonnais, Illinois; Irvine, California; Atlanta, Georgia; and Wichita, Kansas. Triad employs approximately 200 and offers retail finance, wholesale finance, loan servicing and insurance products to the manufactured housing industry nationwide. www.triadfs.com
Jed Gleim, EVP/COO
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SOURCE Triad Financial Services