AFC Gamma Expands Credit Facility to $50 Million

AFC Gamma ( (AFCG) ) has shared an announcement.

On June 9, 2025, Advanced Flower Capital Inc. announced an expansion of its senior secured revolving credit facility to $50 million, with an additional $20 million commitment from its existing FDIC-insured banking partner. This expansion aims to fund commitments to existing borrowers, originate and participate in commercial loans to cannabis operators, and support general corporate purposes. The facility can be further expanded to $100 million, subject to lender participation. This move underscores the strength of AFC’s platform and strategy, as highlighted by CFO Brandon Hetzel, and is expected to enhance the company’s lending capabilities and strengthen its partnership with the banking partner.

The most recent analyst rating on (AFCG) stock is a Buy with a $13.00 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.

AFC Gamma’s overall stock score is driven by significant financial challenges, including a lack of revenue for 2024 and increased leverage. Despite some positive developments in the earnings call, such as a renewed credit facility, the company faces ongoing challenges with underperforming loans and litigation. The stock’s low P/E ratio and high dividend yield may appeal to value and income investors, but the technical indicators suggest bearish momentum.

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

More about AFC Gamma

Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. The company originates, structures, and underwrites loans typically secured by quality real estate assets, license value, and cash flows, leveraging its management team’s deep network and expertise in credit and cannabis.

Average Trading Volume: 225,800

Technical Sentiment Signal: Sell

Current Market Cap: $123.8M

For detailed information about AFCG stock, go to TipRanks’ Stock Analysis page.