What’s Happening With Financing Solutions?

Estimated reading time: 1 minute

Amy Pine and Brian Carey are principles of Innovative Capital Resources, a financing resource for electronics manufacturing with a 20-plus year history. They briefed the I-Connect007 Editorial Team on what they’re seeing in the financing side of the industry, how it compares to the past, and a bit of what they see over the horizon in 2024. Hint: There’s some good news for investors.

Nolan Johnson: Amy and Brian, please introduce us to Innovative Capital Resources. What’s your mission and your specialty?

Amy Pine: We specialize in providing financing and leasing to high tech manufacturing companies specific to the electronics market, meaning assembly and board fab. Brian and I worked together prior to Innovative Capital at Copelco/CitiCapital. He financed his first pick-and-place machine in the 1980s. We work with multiple funding sources, educating them on the electronics market and the type of equipment that contract manufacturers or OEMs use to assemble and inspect boards or to manufacture and fab boards. Over time, we have built relationships with vendors, customers, and our lenders.

Brian Carey: When we started in 2002, you may remember, it was in the middle of the “tech wreck.” Amy and I were going to trade shows, saying that we specialized in the electronics market. It really sounded like a recipe for disaster because everything was going overseas, but it gave us a jump.

We really care about this industry. 

Continue reading this interview in the December 2023 issue of SMT007 Magazine.