TS Ag Finance closed a $410,000 loan with borrowers located in California. The borrowers chose the 30 year fixed interest rate product with a 30 year term and 30 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for 30 years with semi-annual payments. The borrowers pledged 59 acres of irrigated cropland for vegetable production as collateral and used the funds for refinancing exiting real estate debt.