Funding guide › Comparisons › Runway Growth Capital vs Horizon Technology Finance

Runway Growth Capital vs Horizon Technology Finance

Growth-stage debt vs Venture debt: estimated rate as of today, time to cash, eligibility and what you give up — side by side.

Key differences

  • Approved members can compare the estimated rates as of today side by side.
  • Horizon Technology Finance is usually faster to fund (about 6 weeks vs about 2 months).

Side by side

Runway Growth CapitalHorizon Technology Finance
ProductGrowth-stage debtVenture debt
Funding typeVenture debtVenture debt
Estimated rate as of todayRates shown to approved membersRates shown to approved members
Pricing sourceEstimated as of todayEstimated as of today
Time to cashAbout 2 monthsAbout 6 weeks
Typical sizeAbout 30% of your last equity roundAbout 30% of your last equity round
Term36–60 months24–48 months
RequirementsMinimum raise $10M · Institutional VC backingMinimum raise $1M · Institutional VC backing
RegionsUSUS
What they underwriteYour company & investorsYour company & investors
CollateralAll company assetsAll company assets
How you repayInterest-only then amortizeInterest-only then amortize
DilutionSmall (warrants)Small (warrants)

Runway Growth Capital

$10–100M checks for later-stage companies; lighter warrants.

Horizon Technology Finance

Venture lending to tech and life-science companies.

Runway Growth Capital vs Horizon Technology Finance FAQ

What is the difference between Runway Growth Capital and Horizon Technology Finance?

Approved members can compare the estimated rates as of today side by side. Horizon Technology Finance is usually faster to fund (about 6 weeks vs about 2 months).

Which is faster, Runway Growth Capital or Horizon Technology Finance?

Horizon Technology Finance usually funds in about 6 weeks; Runway Growth Capital takes about 2 months.

Which is cheaper for you?

The answer depends on your amount, term and revenue. The calculator prices both on the same basis — fees, warrants and dilution included.

Related comparisons

Rates are estimates as of today, not a lender's quoted interest rate. Not an offer of credit, investment, legal or tax advice. B2B Agent may receive a referral fee when we introduce you to a provider; it never changes rankings or what we publish. Lenders: send your current terms so we can refresh the estimate, which also makes you eligible for the Transparent Pricing and Lowest Rate awards. Update your listing.