In (Haah et al. 2015), in the third page, second column, the authors use the following result: given a pair of states $\rho,\sigma$, we have $$ \|\rho-\sigma\|_1 \le 2\sqrt{\min(\operatorname{rank}(\rho),\operatorname{rank}(\sigma))} \|\rho-\sigma\|_2, $$ where $\|A\|_1\equiv \operatorname{Tr}|A|$ is the trace norm, and $\|A\|_2\equiv \sqrt{\operatorname{Tr}(A^\dagger A)}$ is the Hilbert-Schmidt norm.
I haven't encountered this fact before, and I can't find a reference pointing to its source in the paper. What's a good way to prove this result (or equivalently, what's a reference discussing such result)?