Small Business Resources > What is a Balloon Payment?
What is a Balloon Payment?
Definition of: Balloon Payment
Balloon Payment. A large, lump-sum payment scheduled at the end of a series of considerably smaller periodic payments. A balloon payment may be included in the payment schedule for a loan, lease, or other stream of payments.
About the Author
BusinessMart.com has become the fastest growing business for sale search engine, helping buyers and sellers of small businesses and franchises. BusinessMart.com has many resources to help you on your journey to start your own business, sell your existing business or open a franchise. BusinessMart.com has thousands of businesses for sale in the US and Canada.
*** You may use this article on your website as long as the "About The Author" box is in place with all links exactly as above and the article or any links in the article are not altered. ***