08:27 AM EDT, 07/15/2025 (MT Newswires) -- Trinity Capital ( TRIN ) said Tuesday it was granted conditional approval to submit an application for a Small Business Investment Company license.

As a small business investment company, the asset manager said it would be able to apply for SBA-guaranteed debentures of up to $175 million.

The conditional approval does not guarantee final approval for an SBIC license, Trinity Capital ( TRIN ) said, adding it hasn't received any indication from the US Small Business Administration that it will receive a full license.