May 2019

May 8, 2019

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TS Ag Finance closed a $406,250 loan with borrowers located in Vermont. The borrowers chose the seven 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 seven years with monthly payments. The borrowers pledged 83 acres of pasture and crop producing farmland as collateral and used the funds to purchase 83 acres.