TS Ag Finance closed a $2,420,000 loan with borrowers located in South Dakota. The borrowers chose the 15 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 15 years with semi-annual payments. The borrowers pledged 1,530 acres of corn and soybeans along with pastureland and CRP land as collateral and used the funds for the refinance of agriculture real estate debt.