Trinity Capital Inc. has closed on $250 million in new capital aimed at providing funding for growth-stage companies.
The Chandler-based specialty lending company also increased its capital resources with a $300 million credit facility.
Both pools of funding will be used to provide loans and equipment financing for businesses backed by technology-focused banks, venture capital and private equity firms.
Since 2008, Trinity Capital's funds have provided $846 million in investments to growth-stage companies across several industries, primarily in the U.S., according to the company.