VELOCITY FINANCIAL - Key Persons
Ballard Johnson was born in Shreveport, LA. He graduated from Regis University in 2010 and completed his MBA at Rice University in 2017. Ballard's previous experience includes co-founding Secunda Capital Partners, a company focused on the acquisition of Manufactured Home communities in Texas and Arkansas. Prior to founding Secunda Capital Partners, he worked for Halliburton on the design team, specifically supporting and coordinating projects in the Deepwater Gulf of Mexico.
"I have been in the shoes of the entrepreneur for the last 3 years of my career, and I know the daily burdens that come with starting and building your own business. This is why I am so excited to be a part of the Velocity team, as it gives me the opportunity to help entrepreneurs find the breathing room they need to grow their company and reduce the pressure associated with operating a small business."
Graduating from the University of Texas Permian Basin in 2010, Irene accepted a position as Account Manager for a local factoring company. She quickly developed a passion for the industry and began moving up in the company as she gained experience in Operations, Customer Service, and Compliance. She joined Velocity in January of 2019 and looks forward to the continued growth and success of the team. When not at work, she enjoys cooking, traveling, and spending time with family.
" I think the most important part of operations is putting ourselves in our client's shoes. ‘If I were in this situation or had this issue, how would I want it to be handled? What kind of response do I expect when I'm the customer?' - That's the kind of service I will always strive to deliver to our clients. "
Job Titles:
- Senior Vice President - Underwriting & Credit
Raised in Midland, Justin has been assisting oil & gas service companies achieve their goals for the past 12 years and has a passion for his community. He worked in the insurance industry for over 15 years prior to entering into factoring in 2007. He enjoys helping small businesses and, even if he won't admit it, is a real people-person. Outside of work, Justin enjoys playing golf, watching baseball and spent many years helping his daughters play fast-pitch softball through high school and college.
Natalie was born and raised just outside of Midland Tx. She has been in factoring for a several years now. She started as an Assistant and worked her way up to a Senior Account Manager. She just joined the Velocity team in 2022 and looks forward to continuing growing in this industry and working with the Velocity team. When not at work she enjoys spending time with her family and close friends.
H. H. "Tripp" Wommack III, a native of Texas, with BA's from North Carolina Chapel Hill and JD University of Texas, has been in the Energy business since 1979. He has lived in Midland, Texas and focused almost exclusively on the Permian Basin since 1980. He has founded and managed multiple companies within the Oil & Gas industry such as Basic Energy, Southwest Royalties, Warrior Technologies, and SitePro, to name a few, in addition to his experience in commercial real estate. As a true entrepreneur, Tripp understands the need for commercial financing for small businesses.
"Having been in Midland since the 1980s, I have seen the boom and bust cycles firsthand and understand the struggles energy service companies face on a daily basis securing traditional lines of credit. Velocity was founded with our oilfield neighbors in mind and we plan to be the premier factoring company in the industry."
Wright Wommack was born and raised in Midland, TX. Wright holds a BBA in Finance from the University of Texas and a JD from the University of Texas School of Law. Wright's previous experience includes founding Atlas Bend Capital, a company focused on real estate and other opportunistic investments. Wright's experience prior to founding Atlas Bend includes practicing corporate law at Vinson & Elkins and working as an investment banker for Credit Suisse in Houston, TX.