April 2021

July 28, 2021

|

Jessie Shiels

|

TS Ag Finance closed a $966,000 loan with borrowers located in California. The borrowers chose the 15 year fixed reset interest rate product with a 30 year term and 30 year amortization, utilizing the Farmer Mac loan program. The borrowers pledged 38 acres of walnuts and grapes/wine production as collateral and used the funds for the purchase of agricultural real estate.