TS Ag Finance closed a $2,450,000 loan with borrowers located in California. The borrowers chose the seven year 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 seven years with semi-annual payments. The borrowers pledged 187 acres of citrus producing farmland as collateral and used the funds for refinancing exiting debt.