Horizon Technology originates $100.3M of new loans in Q1

Horizon Technology (HRZN) Finance Corporation, an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, today provided its portfolio update for the first quarter ended March 31, 2025 and an update on the lending platform of Horizon Technology Finance Management LLC, its investment adviser. “We had a solid start to 2025, originating over $100 million of new loans and growing our venture debt portfolio for the third consecutive quarter,” said Gerald A. Michaud, President of Horizon and HTFM. “Additionally, we further increased our committed backlog to $235.5 million of debt investments, providing us with a strong base of existing and new high-quality opportunities to further expand HRZN’s venture debt portfolio moving forward. In addition to our regular interest income for the quarter, we also received $68.1 million of loan payoffs, which produced accelerated income and prepayment fees for HRZN. Looking ahead, we believe HRZN is well positioned to further grow its portfolio and deliver additional value to its shareholders.”