TS Ag Finance closed a $270,000 loan with borrowers located in California. The borrowers chose the 10 year ARM interest rate product with a 25 year term and 25 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for 10 years with quarterly payments. The borrowers pledged 21 acres of citrus producing farmland as collateral and used the funds for the purchase of farmland.