TS Ag Finance closed a $1,400,000 loan with borrowers located in Arizona. The borrowers chose the 15 year fixed interest rate product with a 15 year term and 15 year amortization, utilizing the Farmer Mac loan program. The interest rate is fixed for 15 years with semi-annual payments. The borrowers pledged 20 acres of greenhouses and fixtures as collateral and used the funds for the refinance of agriculture real estate debt.