A real-world example of a company that successfully used an interest-only period or balloon payments to expand their business is Hertz. In the early 2000s, Hertz decided to aggressively expand into the consumer travel market. To finance this venture, they obtained a substantial loan that included an interest-only period and balloon payments. This financial strategy allowed Hertz to manage their cash flow effectively during the expansion period, ensuring their venture was a success.
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