TS Ag Finance closed a $409,500 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 20 acres of table grape producing farmland as collateral and used the funds for the purchase of farmland.