April 2017

April 17, 2017

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TS Ag Finance closed a $250,000 loan with borrowers located in California. The borrowers chose the 10 year Ag Equity Revolving Line of Credit product with a 30 year term and a 20 year amortization. The borrowers chose a variable rate with semi-annual payments. The borrower pledged 90 acres of oranges as collateral and used the funds for agriculture operating expenses.