TS Ag Finance closed a $9,999,900 loan with borrowers located in California. The borrowers chose the five year (full open) ARM interest rate product with a 20 year term and 20 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 167 acres of almond and 938 acres of prune producing farmland as collateral and used the funds for refinancing exiting real estate debt.