Balboa Capital Small Business Loans Review
Balboa Capital is a technology-driven independent financing company from California that was established in 1988. They provide small business loans, equipment and commercial financing, franchise financing, and equipment vendor financing across all 50 states. Balboa has a 4-star TrustPilot rating, and an A+ letter grade with the BBB. Their application process is simple, and funding can be available in as little as a few days.
ConsumersAdvocate.org Rating: 7.7 / 10 (Very good)
#16 in Small Business Loans
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This company has shady business practices. I am now being charged a property tax which equates to 28% of the equipment. They never send you info on what this Tax is, or to what state this Tax goes (obviously not my state as it is only 1.5%). They don't tell you how much extra a month this is, you just get an invoice that says they are taking out of your account, without any full description on this "FEE". I am also very nervous as I have another lease (which never had this "TAX") taken out, and it is coming to term, and there are so many bad reviews on what happens when the lease terms. Scary company, doing business with this company is way more expensive than other more honest and... Read More