Advanced Flower Capital Interest Coverage

What does Advanced Flower Capital do? Advanced Flower Capital Inc, trading under the ticker AFCG, is a U.S.-based financial services company headquartered in West Palm Beach, Florida. The company went public via an IPO on February 11, 2021. Advanced Flower Capital operates within the financial sector, specifically in the real estate industry, focusing on commercial real estate finance. It originates, structures, underwrites, and manages loans ranging from $10 million to over $100 million, all secured by real estate assets, license value, and cash flows. The company's primary objective is to deliver risk-adjusted returns through cash distributions and capital appreciation. It provides loans to real estate developers and state-law compliant cannabis companies, with its loan structures primarily as senior loans secured by real estate, equipment, cash flows, and license value where applicable. The company is externally managed by AFC Management, LLC, which oversees its operations. Advanced Flower Capital's website is https://advancedflowercapital.com/. The company's activities are centered on providing financing solutions for real estate and cannabis-related ventures, emphasizing secured lending with a focus on asset-backed transactions. Its operational model involves originating loans and managing them through various stages, ensuring compliance with applicable laws and regulations governing the loan parties involved. The company's financial services are tailored to meet the needs of borrowers in the real estate and cannabis sectors, aiming to generate sustainable returns for investors through structured lending practices. Advanced Flower Capital is one of the most popular companies on Eulerpool.