What is a Term Loan?

What is a Term Loan?

If you’re in the market for a small business loan , you may have come across the term “term loan.” But what is a term loan? In this post, we’ll explain everything you need to know about term loans , including how they work and what you can use them for. Checkout this video: What…

What is a Balloon Loan?

What is a Balloon Loan?

A balloon loan is a type of loan that does not fully amortize over its term. This means that at the end of the loan’s term, the borrower still owes a balance to the lender. Checkout this video: What is a Balloon Loan? A balloon loan is a type of loan that offers lower monthly…