Trinity Capital Inc. Receives Conditional Approval via Green Light Letter to Submit an SBIC License Application

Core Insights - Trinity Capital Inc. has received conditional approval from the U.S. Small Business Administration (SBA) to submit an application for a Small Business Investment Company (SBIC) license, which aligns with its strategy to support growth-oriented businesses across the U.S. [1][2] - The firm has a history of successfully deploying $734 million through two SBIC funds, indicating a strong track record in this area [1]. - If granted the SBIC license, Trinity Capital could apply for up to $175 million in SBA-guaranteed debentures, which would enhance its capitalization and expand its private investment strategies [1]. Company Overview - Trinity Capital Inc. is an international alternative asset manager focused on delivering consistent returns through private credit markets, having deployed over $4.3 billion across more than 400 investments since its inception in 2008 [3]. - The company operates across five distinct lending verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences [3]. - Headquartered in Phoenix, Arizona, Trinity Capital has a dedicated team strategically located across the U.S. and Europe [3].