AFC Gamma Amends Loan Agreement After BDC Conversion

The latest update is out from AFC Gamma ( (AFCG) ).

On January 13, 2026, Advanced Flower Capital Inc. entered into a Sixth Amendment to its Loan and Security Agreement, originally dated April 29, 2022, with its existing lender group and lead arranger. The amendment updates the facility to include provisions tailored to the company’s recent conversion from a real estate investment trust to a business development company, signaling a formal alignment of its financing arrangements with its new regulatory and operational framework and potentially enhancing its flexibility to pursue its evolving lending strategy.

The most recent analyst rating on (AFCG) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on AFC Gamma stock, see the AFCG Stock Forecast page.

Spark’s Take on AFCG Stock

According to Spark, TipRanks’ AI Analyst, AFCG is a Neutral.

The score is held down primarily by sharply deteriorated TTM profitability/revenue and bearish technicals. Strategic progress toward a BDC model and positive cash generation provide some support, while valuation is mixed given the negative P/E and very high yield alongside elevated dividend/credit risk.

To see Spark’s full report on AFCG stock, click here.

More about AFC Gamma

Advanced Flower Capital Inc., operating under the AFC Gamma brand, is a specialty finance company focused on providing institutional debt financing solutions, primarily to cannabis-related businesses and other sectors where traditional bank financing may be limited. The company historically operated as a real estate investment trust (REIT) and has converted to a business development company (BDC), reflecting a strategic shift toward broader middle-market lending within regulated but capital-constrained industries.

Average Trading Volume: 317,782

Technical Sentiment Signal: Sell

Current Market Cap: $54.9M

For an in-depth examination of AFCG stock, go to TipRanks’ Overview page.