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Denim Secures $63 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.
TRINTrinity Capital (TRIN) Prnewswire·2024-05-30 20:00

Financing provided by SVB's National Fintech Practice and Trinity Capital Inc. (Nasdaq: TRIN) SAN FRANCISCO, May 30, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. ("Trinity"), today announced that it has provided a $63 million warehouse facility to Denim, a technology-forward factoring partner for freight brokers. The financing, offered by SVB's national fintech practice, allows Denim to continue supporting the cash flow an ...