Horizon Technology Finance Provides Fourth Quarter 2022 Portfolio Update

– Horizon Platform Originates $114 Million of New Loans in Q4, Including $104 Million of New Loans for HRZN –
– HRZN Grows Loan Portfolio by $262 Million in 2022 –
– Horizon Platform Ends 2022 with Committed Backlog of $255 Million, Including $220 Million in HRZN Commitments –   

FARMINGTON, Conn., Jan. 11, 2023 /PRNewswire/ — Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN” or the “Company”), 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 fourth quarter ended December 31, 2022 and an update on the lending platform (“Horizon Platform”) of Horizon Technology Finance Management LLC (“HTFM”), its investment adviser.

“The Horizon Platform ended the year with another quarter of strong originations and portfolio growth, funding $114 million of loans, including $104 million of loans for HRZN,” said Gerald A. Michaud, President of HRZN and HTFM. “The power of the Horizon brand was evident throughout 2022, as the Horizon Platform originated over $543 million in new loans, including a record-high $403 million for the HRZN portfolio.”

“Additionally, the Horizon Platform’s committed backlog of debt investments remained strong at $255 million, including $220 million in HRZN commitments, and the Horizon Platform pipeline remains robust, providing ample…