#United States #Phoenix #Business Growth #Trinity Capital #Equipment Financing

Trinity Capital Inc. Achieves Historic $1 Billion Milestone in Equipment Financing

In a landmark announcement, Trinity Capital Inc. (NASDAQ: TRIN), a prominent alternative asset management firm based in Phoenix, has declared its equipment finance vertical surpassed an impressive $1 billion in funding targeted at high-growth companies. This achievement, reported on January 22, 2025, underscores Trinity Capital's steadfast commitment to fostering business growth and innovation across many sectors, including manufacturing automation, energy, space technology, climate tech, and artificial intelligence.

Kyle Brown, the CEO of Trinity Capital, expressed pride in reaching this financial milestone, stating, "Crossing the $1 billion mark is a testament to the strength and dedication of our equipment finance team. We believe the market is primed for continued growth of this vertical and we're excited to build on this momentum, driving even greater value for our clients and stakeholders."

Trinity Capital’s establishment as a key player in capital expenditure financing has notably transformed the landscape for countless companies. With a specialized team of investment professionals, the firm has provided financial backing to innovative entities like Hermeus Corp., DrinkPAK LLC, Hadrian Automation, Rocket Lab USA, and Dandelion Energy. Each investment has fueled the scaling of operations and driven advances within influential sectors of the economy.

Ryan Little, Senior Managing Director of Equipment Finance at Trinity Capital, reflected on the growing necessity for flexible financial solutions, stating, "The success of the equipment financing vertical highlights the growing demand for flexible, innovative financial solutions that align with the strategic goals of companies across various industries. This financing solution empowers companies to access additional capital without diluting their equity base, which not only strengthens their capital structure but also positions them for long-term success."

The funding scope includes debt investments made from January 1, 2018, until December 31, 2024. It is noteworthy that prior to January 16, 2020, these investments were facilitated through Trinity Capital's predecessor funds, which commenced operations in 2008. Since their merging into Trinity Capital on January 16, 2020, the company has continued to flourish as a business development entity.

About Trinity Capital Inc.

Trinity Capital Inc. operates within the private credit market, focusing on delivering stable and consistent returns for investors seeking opportunities in dynamic, privately funded companies. By sourcing, evaluating, and investing in growth-oriented enterprises, Trinity provides access to a robust and diversified portfolio. Positioned as a trusted partner for innovative companies, Trinity Capital aims to offer tailored growth capital solutions that facilitate long-term sustainability. With its headquarters in Phoenix and a global reach bolstered by strategically placed investment professionals, the firm asserts its commitment to driving business success through smart financial strategies. For more information on Trinity Capital's services and initiatives, visit trinitycapital.com, and stay updated by following them on LinkedIn and X (formerly Twitter).

This milestone not only reflects Trinity Capital's pivotal role in the market but also heralds a promising future for companies seeking innovative financial support to enhance their growth trajectories. As the demand for flexible financing solutions continues to escalate, Trinity Capital is well-positioned to play an integral part in shaping the industries of tomorrow.