Horizon Tech Finance increases HCII credit facility from $125M to $150M

On June 29, 2023, Horizon Credit II LLC (“ HCII ”), a Delaware limited liability company and wholly owned subsidiary of Horizon Technology Finance Corporation (the “ Company ”), executed an Amendment No. 1 to Second Amended and Restated Loan and Security Agreement, by and among HCII, as borrower, the lenders that are signatories thereto, and KeyBank National Association (“ KeyBank ”), as arranger and agent for the lenders (“ Amendment No. 1 to Loan Agreement ”), which amended that certain Second Amended and Restated Loan and Security Agreement, dated as of June 22, 2021, by and among HCII, as borrower, the lenders that are signatories thereto, and Key Bank National Association, as arranger and agent for the lenders. Amendment No. 1 to Loan Agreement, among other things, increases the Facility Amount from $125 million to $150 million.

On June 29, 2023, HCII and the Company executed an Amendment No. 1 to Second Amended and Restated Sale and Servicing Agreement by and among HCII, as buyer, the Company, as originator and servicer, Horizon Technology Finance Management LLC (“ HTFM ”), as sub-servicer, U.S. Bank National Association (“ U.S. Bank ”), as collateral custodian and backup servicer, and KeyBank, as agent for the lenders (“ Amendment No. 1 to S&S Agreement ”), which amends that certain Second Amended and Restated Sale and Servicing Agreement, dated as of June 22, 2021, by and among, HCII, as buyer, the Company, as originator and servicer, HTFM, as sub-servicer, U.S. Bank, as collateral custodian and backup servicer, and KeyBank, as agent for the lenders.