Balboa Capital Reviews

Balboa Capital has an overall rating of 4.5 based on 102 reviews. Customer feedback on Balboa Capital is mixed: Balboa Capital reviewers highlight positive aspects like quick funding process, helpful customer service, flexible loan options, competitive interest rates, which strongly appeal to small business owners seeking financing. However, Balboa Capital is often criticized for its high fees, limited loan amounts, strict eligibility requirements, slow response times.

4.5/5.0

102 reviews

5 Stars

82

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4

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4

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1 Star

9

All Balboa Capital Reviews (102)
tinyduck251
November 04, 2022
"Insurance Scam Alert"
Watch out for these guys! They hit me with an extra $1050 a month for an insurance fee because they claimed I didn’t have coverage. I provided proof showing I had no gaps in my insurance... but they never reached out to inform me that my certificate had expired. I had no clue my broker didn’t send the updated policy. I ended up getting charged for 4 months, which totals over $4,000. Crystal from the insurance team flat out REFUSED to help with adjusting any of those charges. I explained how this is a massive blow to my business, especially since we’re already dealing with crazy interest rates, and she told me she was the top person to talk to and wouldn’t budge on a single charge! I’m so fed up, I’m seriously considering just defaulting on the bus and letting them take it back. It’s got a Max force engine that’s basically done for anyway. They can have it!! ABSOLUTELY AWFUL CUSTOMER SERVICE!!!
silverbear135
October 25, 2022
"Super straightforward and uncomplicated"
It's super straightforward and uncomplicated. The documentation is really thorough. You get all the info in writing.
crazykoala968
August 20, 2022
"Awful experience, steer clear!"
I decided to give Balboa a shot after years of them reaching out to us, and boy, do I wish I hadn’t. The whole experience was just bad, from the company to the salesperson. There were constant delays in getting funds, zero communication, wrong payments hitting the incorrect account, and I faced long wait times and dropped calls with customer service. Never again, folks, look for options elsewhere.
beautifullion357
May 25, 2022
"The Go-To Team!"
After a tiring hunt for the gear I required, these guys came through in just a few hours. They were direct and super professional. They guided me toward getting the equipment for my new business. A million thanks to them!
KristinaWatson
March 08, 2022
"Awesome company to work with"
The whole experience was a breeze. Getting funds was straightforward, and my account manager was excellent at keeping in touch.
happyostrich300
November 17, 2021
"Loan for Equipment Acquisition"
I worked with Michael Rossi for my loan. He managed everything from start to finish and is super easy to reach for any questions. I got a fantastic rate, and I’d definitely suggest Michael and Balboa to anyone in need of an equipment loan.
bigduck416
June 07, 2021
"Outstanding Support from Balboa"
This was our initial encounter with Balboa. We were in urgent need of funds for essential equipment for our operations. The representative we worked with, Jake Losik, was super efficient and got back to us fast with all the info we required. We received the funds quicker than we thought possible. He even took the time to answer our queries after regular hours. Overall, it was a really great experience!
tinymouse309
March 31, 2021
"Using Balboa Again"
This is my second go with Balboa, and I gotta say, their interest rates are top-notch. Elizabeth in customer service was fantastic, and Jordan really nailed it when it came to getting my new equipment financing set up.
Jonathan
December 29, 2020
"Highly Recommend This Professional Team"
The team was super professional and quick to respond. The whole process went off without a hitch. I definitely suggest giving them a try.
JeanetteBailey
December 17, 2020
"Top-notch Service from Matthew A."
Matthew A. Lent is among the finest representatives! He’s always ahead of the game and makes sure that merchants receive their funds without delay.
smallpeacock781
December 16, 2020
"Definitely recommend this company"
Jacob Coppock really assisted me throughout my loan process; everything went without a hitch. I’d totally suggest giving this company a shot. Bob Whitley
AlanLambert
December 09, 2020
"Balboa Capital Rocks!"
Teaming up with Balboa Capital and John Paterwic has been an excellent chance to provide my clients with what they require promptly. I’d definitely suggest John and the crew at Balboa! Fantastic rates and collaborating for the benefit of my clients is a total win-win.
Max
November 28, 2020
"Awesome experience with Greg from Scottsdale..."
Had a fantastic time dealing with Greg at the Scottsdale spot. He’s super straightforward, friendly, and offers a bunch of choices. I've passed his info to others, and they’ve all come back with nothing but good things to say.
EmmaHenry
July 23, 2020
"Simple, approachable, and skilled!"
Getting through the application was a breeze. Every Balboa Capital rep I spoke to was not only professional but also super friendly. Big thanks for assisting us in financing our equipment buy!
Bradley.Gilbert
July 15, 2020
"Roya's Assistance with Paperwork"
Roya has been super helpful in getting the necessary paperwork sorted for our customers' equipment buys. Balboa Capital and Roya really do an awesome job!

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