ATEL Growth Capital. is proud to announce that the first half of 2012 was
the best ever in company history. For the six months ending June 30, 2012,
the company’s funded dollar amount increased by over 370% compared to the
previous period in 2011.The change in the economic landscape beginning in 2008 allowed ATEL Growth
Capital to capitalize on an emerging growth industry that is dependent upon
venture debt and lease financing to capitalize their business expansion.The company attributes the record increase to a favorable lending climate,
strong relationships within the venture capital community and ATEL’s
connection with entrepreneurs in the emerging growth industries. “We are
very pleased with both the quality and the volume of business funded by
ATEL Growth Capital to date,” said Steven Rea, Executive Vice President of
ATEL Growth Capital. “We are excited to partner with these promising
companies by providing non-dilutive capital that enables them to reach that
next milestone and grow their business.”