May 2019

May 8, 2019

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TS Ag Finance closed a $765,000 loan with borrowers located in California. The borrowers chose the five year ARM interest rate product with a 25 year term and 25 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for five years with semi-annual payments. The borrowers pledged 140 acres of pistachio producing farmland as collateral and used the funds to purchase 140 acres.