New leasing options for start-ups

Leading venture debt provider Trinity Capital Investment is to expand its equipment lease financing operations, and is reserving approximately $200 million for the purpose of leasing equipment to early stage, venture capital-backed companies.

“Trinity has a long history providing equipment leasing,” said Kyle Brown, a partner at Trinity Capital Investment. “In recent years, the majority of our growth has been with our venture term loan facilities. As we continue to grow our business, we want to dedicate a portion of our funding to help early stage, venture capital-backed companies finance their equipment.”

Brown pointed out that many early stage companies do not have the cash flow or collateral to access traditional bank financing. “We give venture-backed companies the ability to purchase the mission-critical equipment they need, exactly when they need it, allowing equity financing to be used for working capital while minimizing equity dilution for all shareholders,” he explained.

Trinity Capital Investment’s equipment leasing solutions range from $2 million to $15 million per transaction and finance venture capital-backed companies across multiple stages and sectors.