TS Ag Finance closed a $510,000 loan with borrowers located in Ohio. The borrowers chose the Ag Equity RLOC with a five year draw period, 25 year term and 20 year amortization, utilizing the Farmer Mac loan program. The interest rate can be converted to a fixed interest rate after five years (when the revolving feature matures). The borrowers pledged 101 acres of greenhouse facilities as collateral and used the funds for business purposes.