Trinity Capital, an alternative asset manager, announced that its equipment finance vertical has surpassed $1 billion in fundings to high-growth companies since 2018. This milestone underscores the Company's commitment to supporting the growth and innovation of businesses in a variety of industries, including manufacturing & automation, energy, space technology, climate tech and artificial intelligence.
"Crossing the $1 billion mark is a testament to the strength and dedication of our equipment finance team," said Kyle Brown, CEO of Trinity Capital. "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 has established itself as a key player for capital expenditure (CapEx) financing. With a dedicated team of investment professionals, the equipment financing vertical has supported companies such as Hermeus, DrinkPAK, Hadrian Automation, Rocket Lab US, and Dandelion Energy in scaling their operations, fueling innovation and advancing key sectors in manufacturing.
"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," said Ryan Little, Senior Managing Director, Equipment Finance at Trinity Capital. "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."