AFC Commits $29 Million to Senior Secured Term Loan for Healthcare Benefits Platform Acquisition

Reuters
Feb 10
AFC Commits $29 Million to Senior Secured Term Loan for Healthcare Benefits Platform Acquisition

Advanced Flower Capital Inc. (AFC) has committed $29 million to a $60 million senior secured term loan to support the acquisition and growth of a leading healthcare benefits platform. As part of the transaction, AFC funded $19.6 million at closing, with the credit facility secured by a lien on all assets of the borrower and structured with a four-year term. AFC holds approximately 49% of the total facility, underscoring the company's expanded investment mandate as a business development company. The financing is intended to facilitate the acquisition and further development of the healthcare benefits platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Advanced Flower Capital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9651668-en) on February 10, 2026, and is solely responsible for the information contained therein.

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