Balboa Capital Reviews

Learn more about loans from Balboa Capital with customer reviews, loan options and frequently asked questions.

Updated on March 31st, 2020

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Balboa Capital is a business lender that provides working capital loans to businesses of all sizes. Balboa is known for its simple application process and fast funding solutions.

Loan Options:

Loan Type

Amount

Term Loan

Up to $250,000.00

Business Cash Advance

$5,000.00 to $250,000.00

Franchise Financing

Up to $1,000,000.00

Equipment Leasing

Up to $250,000.00

Commercial Financing

$Up to $100,000,000.00

Vendor Financing

Dependent on revenue.

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Balboa Capital Reviews
Review:

Pros: Easy application process and flexible product offerings.

Cons: A business must generate at least $300,000 in annual revenue to qualify for a business loan.

Bottomline: Fantastic platform to obtain business loans at great rates.

Key Information:

Co-Founders

Patrick Byrne, Shawn Giffin

Founded

1988

Headquarters

Costa Mesa, CA

Number of Employees

201-500

CEO

Patrick Byrne

Address

575 Anton Boulevard, 12th Floor, Costa Mesa, CA 92626

Phone Number

+1 888-225-2621

Website

www.balboacapital.com

FAQs:

What type of loans does Balboa Capital offer?

How do I apply for a loan at Balboa Capital?

For loans up to $250,000 with no collateral, you can apply online or via smartphone and get an automated decision immediately. You will need to contact Balboa Capital directly if you want a loan for a higher amount.

How do I qualify for a loan at Balboa Capital?

You will need to be in business for at least 1 year, have a minimum credit score of 560 and have annual business revenue of at least $100,000.00.

How long of a term can I get for a business cash advance?

With a business cash advance from Balboa Capital, you can have a term of anywhere from 3-18 months for amounts of $5,000 to $250,000.

Do I need collateral to access Balboa Capital small business loans?

Balboa Capital does not require you to provide collateral when you are applying for a small business loan.

What are terms for Balboa Capital's equipment leasing and financing?

Equipment leases are available with 24-72 month terms for up to $250,000. This finance is used by businesses for items such as machinery, software, or vehicles.