TS Ag Finance closed a $1,000,000 loan with borrowers located in Iowa. The borrowers chose the 20 year fixed interest rate product with a 30 year term and 30 year amortization, utilizing the TS Ag Finance Triple R loan program. The interest rate is fixed for 30 years with semi-annual payments. The borrowers pledged 209 acres of corn and soybean producing farmland as collateral and used the funds for refinancing exiting debt.