July 2020

August 27, 2020

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Jessie Shiels

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TS Ag Finance closed a $750,000 loan with borrowers located in California. The borrowers chose the five year fixed reset interest rate product with a 30 year term and 30 year amortization, utilizing the Farmer Mac loan program. The borrowers pledged 10 acres of an acreage with apricots and table grapes and lemon production as collateral and used the funds for purchase of farmland real estate.