TS Ag Finance closed a $3,550,000 loan with borrowers located in Texas. 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 annual payments. The borrowers pledged 3,480 acres of irrigated row crop and improved pastureland for livestock grazing as collateral and used the funds for refinancing exiting real estate debt.