AFCG
- AFC Gamma, Inc.
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Overview
Company Summary
AFC Gamma, Inc. (AFCG) is a specialized finance provider that focuses on lending capital to companies operating in the cannabis industry. The company primarily functions as a real estate investment trust (REIT), which means it owns and manages a portfolio of properties or mortgages within a specific sector of the real estate market.
However, AFC Gamma's portfolio is unique because it specifically targets cannabis-related businesses. These businesses often face challenges in obtaining traditional financing due to the legal and regulatory complexities associated with the cannabis industry. AFC Gamma steps in to bridge this funding gap by offering customized loan and credit solutions to licensed cannabis operators.
Typically, AFC Gamma lends capital to companies involved in various parts of the cannabis supply chain, including cultivators, processors, manufacturers, distributors, and retail operators. Their loans can be used to finance real estate acquisitions, construction and expansion projects, working capital needs, equipment purchases, or any other strategic initiatives related to the cannabis business.
In addition to providing capital, AFC Gamma also carries out comprehensive due diligence on potential borrowers to ensure they comply with applicable regulations and have a solid financial position. It aims to collaborate with well-established companies with a strong market presence and significant growth potential.
By facilitating access to capital for cannabis businesses, AFC Gamma plays a crucial role in supporting the growth and development of the industry. It assists its clients in overcoming financial challenges and ultimately contributes to the expansion of the legal cannabis market.