Monthly Archive for: ‘September, 2017’

  • Let’s lose the balloon

    Jim GallagherBalloon maturities have historically been used by commercial banks to manage interest rate risk and to maintain control over the loan. The balloon is a hard due date that forces the borrower to either pay the balance of the note in full or negotiate new terms. Most regional and national banks moved away from the short term (3-5) balloon years ago.

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