TS Ag Finance closed a $1,000,000 loan with borrowers located in California. The borrowers chose the five 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 five years with semi-annual payments. The borrowers pledged 74 acres of prune and almond producing farmland as collateral and used the funds for the purchase for farmland.