debt
confidence high
sentiment positive
materiality 0.60
Advanced Flower Capital expands revolving credit facility to $50M with additional $20M commitment
Advanced Flower Capital Inc.
- Credit facility increased from $30M to $50M via $20M additional commitment from existing FDIC-insured bank.
- Facility expandable to $100M, subject to lender participation and borrowing base availability.
- Proceeds to fund existing borrower commitments, originate cannabis loans, and support working capital.
- Lender is an FDIC-insured bank with over $75 billion in assets.
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