May 2020

July 2, 2020

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Jessie Shiels

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TS Ag Finance closed a $1,320,000 loan with borrowers located in California. The borrowers chose the three year ARM interest rate product with a 30 year term and 30 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for three years with annual payments. The borrowers pledged 69 acres of almonds and pistachios as collateral and used the funds for cash-out business purposes.