Horizon Technology Finance Corporation provided its portfolio update for the first quarter ended March 31, 2025, reporting total loan originations of $100.3 million. The company also funded $2.0 million in equity investments during the quarter, marking the third consecutive quarter of venture debt portfolio growth.
The committed backlog, representing unfunded loan approvals and commitments, increased to $235.5 million to 19 companies as of March 31, 2025, up from $206.5 million in the prior quarter. This growing backlog provides a strong base for future portfolio expansion and NII generation.
HRZN experienced significant liquidity events from five portfolio companies, with principal prepayments totaling $68.1 million during the first quarter. New loan commitments closed during the quarter amounted to $121.8 million to seven companies, reflecting robust deal-making activity.
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