Pros and cons of balloon payments on a promissory note

A balloon payment is one structure to consider for promissory note repayment. Read about the pros and cons of this type of loan, so you can make the choice that makes the most sense for your business.

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Brette Sember, J.D.

by Brette Sember, J.D.

Brette is a former attorney and has been a writer and editor for more than 25 years. She is the author of more than 4...

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Updated on: December 8, 2023 · 2 min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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