Industry News: Around the Industry
Balboa Capital Becomes Endorsed Lease Financing Resource for IBPI
Company to provide IBPI Members with Complete Range of Lease Financing Solutions, Including Software-Only Financing and Dealer Rental and New Business Financing
IRVINE, California, June 11, 2013 – Balboa Capital, a top provider of small business loans and office products dealer financing in the United States, today announced that it has become an endorsed lease financing resource for International Business Products, Incorporated (IBPI), which is the largest buying group for commercial copier and printer dealers in the United States. Through this relationship, Balboa Capital will structure and implement financing programs for IBPI members nationwide.
“We are pleased to be an endorsed lease financing resource for IBPI because it allows us to provide our industry-leading products and services to their valued members,” said Jerry Harne, Business Development Manager for the Vendor Services Division at Balboa Capital. “Balboa Capital has a strong presence in office products dealer financing and is recognized as a responsive and dedicated financing company that delivers financing solutions designed to help dealers drive sales, increase profits and build brand value. Balboa Capital takes pride in being an independent financing company, so working with the largest organization of independent office equipment dealers is an ideal arrangement for both parties.”
Balboa Capital’s financing products for IBPI members include software-only programs, dealer rental programs and new business programs, among others. An independently owned and operated financing company since 1988, Balboa Capital offers IBPI members the stability, discipline, lending power and highly personalized service they expect. Balboa Capital has a dedicated office products dealer financing team that facilitates transactions quickly. All finance applications are evaluated by a Balboa Capital credit officer, which allows for higher approval ratios and better terms when compared to automated lending decision software systems. In addition, IBPI members who become dealer partners with Balboa Capital will have access to a comprehensive online equipment dealer sales tool that enables them to manage every aspect of their customers’ accounts from a computer, laptop, tablet or mobile device. This includes calculating finance estimates, submitting new applications, viewing sales reports, and checking lease maturity dates and delinquencies, to name a few.
For more information about Balboa Capital’s lease financing products for IBPI members, please contact Jerry Harne at (888) 475-7918 or via email at jerrymh(at)balboacapital(dot)com. About Balboa Capital Balboa Capital is one of the largest privately-held independent finance companies in the United States delivering access to capital, speed of processing, dependable funding, state-of-the-art technology and innovative marketing tools that small and medium-sized customers require to fuel their growth and success. Celebrating 25 years in business in 2013, Balboa Capital markets its products through their small ticket, middle market and vendor sales channels. In addition to equipment vendor financing, the company’s comprehensive capabilities include equipment leasing, commercial business loans, and franchise financing. You can learn more by visiting www.balboacapital.com.
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|Contact Name:||Jake Dacillo|
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