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Stock impact report

Horizon Technology Finance Provides $35 Million Venture Loan Facility to Vesta Healthcare

Horizon Technology Finance Corporation (HRZN) 
Last horizon technology finance corporation earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), 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 announced that on July 30, 2024 it provided a $35 million venture loan facility to Vesta Healthcare (aka Hometeam Technologies, Inc.), of which $25 million has been initially funded.Vesta Healthcare is a tech-enabled clinical services company that integrates caregivers, patients, and the healthcare delivery system to monitor chronic conditions of high-risk patients, enhance their quality of life and improve their health outcomes. By reducing hospital admissions and emergency visits via 24/7 clinical support and advanced analytics, Vesta Healthcare ultimately helps minimize unnecessary care utilization, Show less Read more
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