Advanced Flower Capital Expands Revolving Credit Facility with $20 Million Additional Commitment from Existing FDIC-Insured Banking Partner

Core Insights - Advanced Flower Capital Inc. (AFC) has expanded its senior secured revolving credit facility to $50 million, with an additional $20 million commitment from its Lead Arranger, an FDIC-insured bank with over $75 billion in assets [1][2] - The funds from the credit facility will be used to support existing borrowers, originate and participate in commercial loans to cannabis operators, and for general corporate purposes [1] - The credit facility has the potential to be expanded to $100 million, depending on lender participation and available borrowing base [1] Company Overview - Advanced Flower Capital Inc. is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. [3] - The company specializes in originating, structuring, and underwriting loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value, and cash flows [3] - AFC is based in West Palm Beach, Florida, and leverages a deep network and significant expertise in credit and cannabis to execute its investment strategy [3]