TS Ag Finance closed a $770,000 loan with borrowers located in California. The borrowers chose the five 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 five years with semi-annual payments. The borrowers pledged 42 acres of pistachio producing farmland as collateral and used the funds for refinancing exiting debt.