Item 1.01 Entry into a Material Definitive Agreement

On June 29, 2020, Horizon Technology Finance Corporation (the "Company") through its wholly owned subsidiary, Horizon Credit II LLC ("Credit II"), entered into an amendment (the "Amendment") to the Amended and Restated Loan and Security Agreement, dated as of November 4, 2013 (the "Credit Facility") with KeyBank National Association. The Amendment, among other things, (1) extended the draw period of the Credit Facility to September 30, 2021, (2) replaced Cadence Bank NA with Hitachi Capital America (by way of merger with State Bank and Trust Company) as a lender under the Credit Facility, (3) increased the LIBOR rate floor from 0.75% to 1.00% and (4) provided a mechanism to determine a successor reference rate to LIBOR if, among other things, LIBOR becomes unavailable or is generally replaced as a benchmark interest rate in the market.

The description of the documentation related to the Credit Facility contained in this Current Report on Form 8-K is only a summary of the material terms of the Amendment and is qualified in its entirety by the terms of the Amendment filed as Exhibit 10.1 hereto, which is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits






(d) Exhibits.



Exhibit
No.                                     Description
  10.1       Seventh Amendment to the Amended and Restated Loan and Security
           Agreement, dated as of June 29, 2020, among Horizon Credit II LLC, as
           borrower, the Lenders party thereto, and KeyBank National Association,
           as arranger and agent.




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