July 2021

July 28, 2021

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Jessie Shiels

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TS Ag Finance closed a $8,070,000 loan with borrowers located in California. The borrowers chose the 10 year fixed reset interest rate product with a 30 year term and 30 year amortization, utilizing the Farmer Mac loan program. The borrowers pledged 654 acres of dairy facilities and wine grapes as collateral and used the funds for the refinance of agricultural real estate debt.