Advanced Flower Capital Inc. 8-K

What Happened
Advanced Flower Capital Inc. (AFCG) announced it entered into an unsecured revolving Credit Agreement with TCGSL LLC on January 27, 2026; the lender provided a $20,000,000 commitment. The facility matures on August 1, 2028 and may be used for general corporate purposes, including portfolio investments. TCGSL LLC is an affiliate indirectly wholly‑owned by Leonard M. Tannenbaum (AFCG’s Board Chairman), certain members of his immediate family and related trusts.

Key Details

• $20,000,000 aggregate commitment under an unsecured revolving credit agreement dated January 27, 2026.
• Maturity date: August 1, 2028.
• Use of proceeds: general corporate purposes, including portfolio investments.
• Lender/agent: TCGSL LLC, an affiliate indirectly owned by Chairman Leonard M. Tannenbaum and family/trusts; agreement filed as Exhibit 10.12 to the 8-K.

Why It Matters
The new credit facility provides AFCG with additional liquidity and a source of funding for corporate needs and portfolio investments through mid-2028. Investors should note the lender is an affiliate tied to the company’s chairman, which the filing discloses as a related‑party arrangement; that fact is material for governance and conflict-of-interest considerations. The loan is unsecured, meaning it is not backed by specific collateral.