Advanced Flower Capital Inc. has entered into an amendment to its existing credit facility. The filing, dated September 25, 2026, details the terms of Amendment Number Ten to the Loan and Security Agreement.
The agreement, originally dated April 29, 2022, was amended to modify the terms of the Company's revolving credit facility. Specifically, the amendment increased the aggregate revolver commitments to $130 million for a specified period of time. This increase allows for a quarterly temporary increase amount of up to $50 million.
The facility's structure is designed to automatically adjust based on the timing of the temporary increase. During any Quarterly Temporary Increase Period, the aggregate revolving commitments and the maximum revolver amount will be $80 million plus the Quarterly Temporary Increase Amount, capped at a maximum of $130 million. At all other times, including upon the expiration of any Quarterly Temporary Increase Period, the aggregate revolving commitments and the maximum revolver amount will revert to $80 million.
The amendment also revised the loan fee structure and set certain conditions for the advance rate against credit facilities in the borrower base. The full text of the Tenth Amendment is included as Exhibit 10.9J to the filing.
