December 2019

January 21, 2020

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Jessie Shiels

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TS Ag Finance closed a $924,000 loan with borrowers located in California. The borrowers chose the 20 year fixed interest rate product with a 20 year term and 20 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for 20 years with semi-annual payments. The borrowers pledged 76 acres of citrus and almond producing farmland as collateral and used the funds for refinancing exiting real estate debt.