Branden started at ATS in 2013 in the settlement department before working his way up to the settlement supervisor role. He is currently a leasing manager. Before Branden came to ATS, he worked at a petroleum company overseeing the dispatch of the oil trucks to gas stations and running their credit cards. He went to college at St. Cloud State and St. Cloud Technical College for business management.
By:
Branden Leedahl
February 14th, 2022
When you hear the phrase, balloon payment, what comes to mind? Do you think about a bouquet of balloons and a clown asking for your money? Well, if that’s where your head is going, you’re in the wrong direction, my friend. A balloon payment is not, in fact, payment for balloons. It is the final payment you make at the end of a lease. As this applies to the trucking industry, it’s the final payment you’ll make on your leased truck if you decide to purchase it.