Balboa Capital offers two types of small business loans:
Balboa Capital Small Business Loans
Balboa Capital's small business loans range from $5,000 to $250,000 to cover unexpected expenses and cash flow management, making them an excellent choice for businesses that need quick capital for growth.
Lenders do not disclose interest rates, and potential borrowers can apply online and receive a decision within an hour, allowing for quick access to funds.
The lender also offers short-term repayment structures from 3 to 24 months, allowing businesses to pay off their loans faster, albeit with higher payments.
Balboa Capital Equipment Loan
Balboa Capital's equipment financing is a flexible option designed to help businesses purchase the machinery and technology they need. Lenders offer equipment financing of up to $500,000 for application-only hard-secured loans and up to $350,000 for soft-secured loans.
This means companies can finance everything from heavy equipment to the latest software technology. With financing terms of 24, 36, 48, or 60 months, Balboa Capital requires no down payment on equipment loans, allowing businesses to maintain cash flow while investing for growth.
customer service
Current and prospective borrowers may contact Balboa Capital's customer support team by phone Monday through Friday from 7 a.m. to 4 p.m. Pacific Time. Customer service is also available through online forms and online chat. The lender will reportedly respond to calls and requests made after normal business hours the next business day.
