TS Ag Finance closed a $7,202,325 loan with borrowers located in California. The borrowers chose the five year ARM interest rate product with a 20 year term and 20 year amortization, utilizing the TS Ag Finance loan program. The interest rate is fixed for five years with semi-annual payments. The borrowers pledged 60 acres of raisin grapes and table grapes production as collateral and used the funds for refinancing exiting real estate debt.