TS Ag Finance closed a $1,000,000 loan with borrowers located in Montana. The borrowers chose the seven year ARM 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 seven years with semi-annual payments. The borrowers pledged 1,124 acres of ranchland and hay land as collateral and used the funds for refinancing exiting debt.