Trinity Capital – a leading alternative asset manager – announced that its equipment finance vertical has surpassed $1 billion in funding to high-growth companies since 2018. This milestone highlights the company’s commitment to supporting the growth and innovation of businesses in various industries, including manufacturing and automation, energy, space technology, climate tech, and AI.
Trinity Capital has also established itself as a significant capital expenditure (CapEx) financing player. And with a dedicated team of investment professionals, the equipment financing vertical has supported companies such as Hermeus, DrinkPAK, Hadrian Automation, Rocket Lab USA, and Dandelion Energy in scaling their operations, fueling innovation, and advancing key sectors in manufacturing.
The cited fundings include debt investments made by the equipment finance vertical from January 1, 2018, through December 31, 2024. Before January 16, 2020, such investments were made through Trinity Capital’s predecessor funds, the first of which was launched in 2008. On January 16, 2020, these predecessor funds were merged with and into Trinity Capital, immediately after which Trinity Capital started operating as a business development company.
KEY QUOTES:
“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.”
– Kyle Brown, Chief Executive Officer of Trinity Capital
“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.”
– Ryan Little, Senior Managing Director, Equipment Finance at Trinity Capital
