Advanced Flower Capital Secures $20 Million Revolving Credit Facility from TCGSL LLC

Reuters01-29
Advanced Flower Capital Secures $20 Million Revolving Credit Facility from TCGSL LLC

Advanced Flower Capital Inc. has entered into a new unsecured revolving credit agreement with TCGSL LLC, which is indirectly owned by Leonard M. Tannenbaum, the company's Chairman, and his family. The agreement provides Advanced Flower Capital with a $20 million credit facility, maturing on August 1, 2028. The funds may be used for general corporate purposes, including portfolio investments.

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