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Balloon Payment:
A large loan repayment made in order to clear a debt. Usually applied to a short-term fixed-rate loan, which involves small payments for a certain period of time with one large payment for the remaining amount of the principal at a time specified in

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Small Business Finance :: News

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Finance News

Personal Loans to help Australians in need: FSO
Oct 29 :: As Australia prepares to clean up following devastating fires and floods, Financial Services Online CEO, Andrew Clark, has announced a package of personal finance solutions designed to help affected... read more

Small business loans to help Aussie businesses through tough times
Nov 27 :: Financial Services Online has today announced a new credit facility for Australian business customers who are seeking loans for amounts of up to $10,000 with minimum security requirements, irrespective... read more

Finance Articles

The Truth Behind Payday Loans
There is a lot being said about payday loans. Many claim that the interest rates charged are outrageous. Others say that they are the only source of finance available for those with less than perfect... read more

Put a Balloon Payment in a loan with the 6 steps to keep the loan profitable and safe
Reduce loan monthly loan payments to half of what they should be, by using a balloon payment. Handled correctly, a very smart thing to do. Mishandled, real headaches. 6 steps to keep it smart read more

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