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SParikh wrote: This article speaks true to the importance and capitalizing of the cloud. Me having experience dealing with cloud based tech and consulting and integration services, I realize the need for a secure and consistant cloud service. Many people are concerned with the privacy, or lack thereof, that could occur with storing personal documents into a non-physical storage unit. I can see, though with companies such as ours and Metacloud, we are working toward a more secure and easy to use cloud system for both personal and professional use. Spursh Parikh www.sererra.com
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Trinity Capital Fund II, L.P. Concludes a Major Capital Expansion with an SBIC License

Trinity SBIC Management, Inc. announced today that Trinity Capital Fund II, LP (Trinity) received a license from the United States Small Business Administration (“SBA”) to operate as a Small Business Investment Company. This license gives Trinity access to up to $150 million of SBA-backed leverage. Trinity is now positioned to grow its offerings in equipment and fixed asset financing utilized by the country’s leading venture-backed growth companies.

“This coveted license is a compelling next step for our firm as we seek to combine our passion for serving growth-oriented companies with a shared vision of the SBA to help small businesses succeed in the marketplace,” says Hal Hayden, a member of Trinity’s Investment Committee and General Partnership. “Trinity has now joined a very select group of SBIC companies and is the only licensed leasing company in the southwestern U.S.”

“We believe our market continues to grow in its need for equipment and fixed assets that will propel business growth. We are looking forward to originating investments in leases and loans on behalf of the Trinity, and have a strong pipeline built and ready to go. Combined with the existing Trinity syndicate of funds, this increased capital will allow Trinity to address customers who seek larger sources of capital. The Trinity business model addresses the SBIC mandate to grow small businesses and job growth in the U.S. economy; we are honored to be a licensee,” says Steve Brown, President of Trinity SBIC Management, Inc., and a member of the Trinity’s Investment Committee and General Partnership.

ABOUT TRINITY CAPITAL INVESTMENT: Trinity Capital Investment is a venture leasing company providing equipment lease and fixed-asset debt financing to emerging growth companies backed by venture capital funds. We offer financings in the $1 million to $10 million range to companies in a variety of growth-oriented sectors. For more information, see www.trincapinvestment.com

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