Jacksonville-based Triad Financial Services, one of the top five manufactured housing lenders in the nation, celebrates its 50th anniversary in 2009. The company, which was founded in 1959 as The Investment and Insurance Company to provide mortgage and insurance services to the manufactured home industry, currently services more than $350 million in loans and enjoys solid relationships with more than 40 lending partners. Triad has branch offices in Jacksonville, Chicago, Houston and Newport Beach, California.
Once a small, niche player in the regional market, Triad enjoyed tremendous growth following its purchase by Don Glisson, Sr. in 1975. In the 1980s, Glisson's two sons, Don Jr. and Mike, came on board to help run the family business, and Triad quickly grew to a multi-million-dollar lender with a strong reputation for responsive service and consistently high-quality loans. The company has since made its name as a "no-brainer" in the manufactured housing industry, as it offers manufactured housing dealers fast turnaround and responsive service on loans backed by a diverse range of lending partners. Given the fact that one out of every ten homes sold in the United States today is a manufactured home, the company has an expansive market sphere and offers a high-profit solution to dealers.
"I'm proud to say we've grown our company through the last fifty years because we offer a simple, profitable program to manufactured home dealers. It's a win-win situation, in which dealers find it easier to make sales, and lenders find it easier to build their portfolios with high-quality, low-risk loans," said Don Glisson, Jr., Triad Chairman and CEO. "Fifty years is certainly a big milestone for us. We're proud and gratified to be market leaders in our industry after our first five decades."
In 2007 Triad was named by The Jacksonville Business Journal as one of Northeast Florida's 50 Fastest-Growing Companies. Triad Financial Services is headquartered in Jacksonville, Florida. – less – More from ZoomInfo »