May 2020

July 2, 2020

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Jessie Shiels

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TS Ag Finance closed a $350,000 loan with borrowers located in Indiana. The borrowers chose the 10 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 10 years with annual payments. The borrowers pledged 148 acres of corn and soybeans as collateral and used the funds for the refinance of agriculture real estate debt.