Horizon Tech closes $5M venture loan to SimpleTuition

Farmington’s Horizon Technology, a specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life sciences, healthcare information and services, and clean-tech industries, has announced that it has closed a $5 million venture loan to SimpleTuition, Inc., a provider of tips, advice and interactive tools that help students save on college-related expenses, to support its continued growth.