TS Ag Finance closed a $245,000 loan with borrowers located in California. The borrowers chose the 30 year fixed 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 30 years with semi-annual payments. The borrowers pledged 39 acres of raisin grape vineyard producing farmland as collateral and used the funds to refinance farm real estate debt.