Lending Basics
Balloon Payment
A large lump-sum payment due at the end of a loan term that pays off the remaining principal balance. Balloon loans have lower monthly payments but require the borrower to refinance or have cash available at maturity.
Lending Basics
A large lump-sum payment due at the end of a loan term that pays off the remaining principal balance. Balloon loans have lower monthly payments but require the borrower to refinance or have cash available at maturity.
Capital Brief
Every Thursday: rate changes across SBA, MCA, and term loans, fresh lender reviews from our analyst desk, and funding opportunities surfaced before they close.