TS Ag Finance closed a $2,500,000 loan with borrowers located in California. The borrowers chose the 15 year ARM interest rate product with a 25 year term and 25 year amortization, utilizing the TS Ag Finance Triple R loan program. The borrowers pledged 379 acres of mandarins, irrigated land and rangeland as collateral and used the funds for refinancing exiting real estate debt.