---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-22-009280"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T02:11:36.312878+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AFC Gamma enters $60M senior secured revolver with East West Bank; replaces $75M affiliate facility

## Summary
- New $60M revolving credit facility (expandable to $100M) with East West Bank as lead arranger and agent.
- Interest rate is greater of base rate +0.50% or 4.50%; secured by certain loan obligations.
- Covenants: minimum liquidity $5M, annual debt service coverage ≥1.50x, secured debt ≤25% of consolidated assets.
- Prior $75M revolving credit agreement with affiliate AFC Finance, LLC terminated effective April 29, 2022.
- Facility may be drawn, repaid, and redrawn subject to a borrowing base based on eligible loan obligations.

## SEC filing metadata
- accession: 0001829126-22-009280
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000182912622009280/0001829126-22-009280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000182912622009280/afcg_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-22-009280
- JSON: https://secwatch.observer/filing/0001829126-22-009280.json
- Plain text: https://secwatch.observer/filing/0001829126-22-009280.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.