Triad Financial Corp., a nonprime auto finance company, announced April 12 the opening of its new facility in North Richland Hills, Texas, a suburb of the Dallas-Fort Worth metroplex. The 71,000-square-foot facility will house the Central Regional Division of the company's collections department, as well as the company's Internet lending division. Additionally, the facility will serve as the disaster recovery center for IT and document imaging. Long-term, the site will expand to accommodate employees from both operations and customer care. The location will eventually house 600-700 employees.

According to the company, with the establishment of this facility, Triad has completed its multi-phase strategy of decentralizing its operations into three regional divisions. Last year, Triad opened its second center, the Eastern Regional Division, in Margate, Fla., a suburb of Fort Lauderdale.

"Triad is committed to meeting the needs of our dealer and consumer customers. We continue to expand our national footprint and the company's new regional facility will provide the necessary future growth capacity we need," said Jim Landy, president and CEO of Triad.

"Triad is thrilled to join the business community of the Lone Star State," said Jack Fernandez, senior vice-president and COO of Triad Financial. "The dedication of this new regional center represents our commitment to growth, employee satisfaction, and to the community that we are now a part of."

About Triad Financial

Triad Financial is a non-prime auto finance company, focusing on new and late model used automobile purchases trough a national network of 7,500 dealers in 33 states. According to the company, Triad offers automobile dealers the opportunity to close sales for a broad range of loan candidates. Triad, a wholly owned subsidiary of Ford Financial, is headquartered in Southern California. For more information, visit www.triadfinancial.com.