Truly the worst corporation to deal with. Thieves creeps and nasty people. I am a 60-year-old man getting nasty remarks by people who work there. The Great Recession killed my construction company. I never signed a personal guaranty. They copied my signature and pasted to some note. I was told I was only the guarantor of a loan due to my excellent credit. From a $60,000.00 loan only owed them $6,000.00 they haunted me personally for 6 years. Drained my bank accounts. Without any worning. Well just got a phone call at work from balboa capital today 4/4/18. Lady ask how i plan on paying the rest of money owed!!! Crazy company!!! Isn't it correct if they have a judgement against you... and they get paid this deal is done... rIGHt? Now remember that they pulled money from my bank accounts. They got the full amount on the court hearing... today which my wife has nothing to do with my old company. They want 8000 from her account. This company are pirates!!! read more

DO NOT GET TIED IN....... Being a business owner we were lured in with a company called Unified Global Solutions(Do not get tied in with them either). We were told what we were signing was to prevent taxes to make our phone and Internet plan cheaper. It was a scam.What we signed was a 5 year contract for over 8000.00 and had a single piece of small equipment installed. Immediately I got in contact with Balboa and explained we were misled and everything we were told was a lie. We asked repeatedly for help getting out from the beginning. and told them to review the website of the people they were backing because their employees and customers said the same as us. UGS is a scam. It fell on deaf ears. Now we have had to switch back to our previous company because our fax machine didn't work from day 1. Our Internet glitched all day long and our phones didn't ring in half the time. Customers were always calling complaining because they couldn't get through. We're done using them both. DO NOT DO NOT USE BALBOA... read more

We are a small business and have some equipment financed through them (To buy the equipment from the company that we used, we had to use Balboa Capital) and since this COVID 19 virus has hit and we tried to postpone our payment this month they pretty much told us too freaking bad. They wouldn't do anything or try to work with us! Do not ever use them to do any financing because they suck! read more

DO NOT Borrow from these guys. If you are one day late, you are charged 18%. If you pay with a credit card, you are charged a processing fee and a non-recurring payment fee. Try to get these removed.... good luck! Also, want to pay the loan off early? makes no matter to them. It is a fixed amount loan not amortized. That means, the day after you sign the papers, you can pay off all the principle and interest any time you want. Unlike other loans where you only pay the principle. I think these guys should be investigated for fraud. I am referring my experience to my state Attorney General. These guy are crooks. Stay clear. They will help you go out of business. read more

Probably one of the most annoying cold calling companies i've ever had the displeasure of speaking with. They call weekly, looking for new people after I've already requested they remove my company from their database. They should be reported to the FCC as spam callers who do not comply with the requests of the solicited. read more

LEASER BEWARE!!! First of all I gave them one star only because I had to. From a scale of 1 to 10 I would really rate them -10 When I signed up to lease a piece of equipment their rep was so nice and helpful. HOWEVER, once I was signed up that all changed and a new guy took over. I have had problems ever since. They held up the paper work after I made my first payment and claim that I owe them rent above and beyond my leased amount. They also started charging me an excessive amount for insuring the equipment even though my insurance agent told them that it was covered my business insurance. They asked him to do a separate rider making them the recipients which he did and they continued to bill me for insurance plus interest. If that wasn't enough they then sent me law suit papers which l I turned over to my lawyer only to find out that they were bogus but cost me lawyer fees. In 2015 I paid them off ahead of my agreed lease period with all their interest and the one dollar to earn the equipment as agreed but never heard back from them with a release. Well not until 2017 where they are now suing me for a breach of contract. I HAVE NOTHING GOOD TO REPORT ABOUT BALBOA except that I wish I had Googled them before getting involved with them. So if you can purchase your equipment by any other means, I am sure you will save yourself a lot of extra time and money then dealing with these creeps. read more

Balboa Capital charged us hidden fees and stole our deposit. An ABSOLUTELY HORRIBLE experience. Buyer Beware! We recently completed the payoff of our second lease with Balboa Capital. We made EVERY payment on-time allowing Balboa to automatically debit our checking account. Along the way, they took hidden fees for insurances and even changed one of the lease payment amounts claiming they made an error. At the end of the second lease, we requested the return of our security deposit but instead were sent an invoice for $479 as a so-called "termination fee." Over the past several months, Balboa has not returned any of our calls or responded to any of our emails. We have filed a complaint with the Attorney General. read more

Very shadiest financing company and cheaters. They team up with equipment companies and literally rip the unsuspecting customers. I never seen such a horrible terms and literally no customer service. Please go to a real bank. Hope you guys read the reviews before before you consider this company. read more

Constantly cold-calls the business I work at. No idea how they obtained my email address, probably in some shady manner. I've blocked so many email addresses coming from this company. Once you've blocked all of their emails, they start calling your phones. Just like every other "company" that relentlessly harasses people like this, their Yelp page is truly telling. If they harass enough people, they'll eventually get someone to do business with them. Hopefully this joke of a company gets shut down soon so I don't have to keep hearing from their annoying salespeople. read more

Terrible company to work with. They charged me a non-insurance fee even though my equipment is insured. After sending over all my insurance documents, they stopped responding to my emails, and do not return my phone calls. Finally when I reach someone they tell me it takes them 10 business days for the insurance person to verify my insurance. These guys are crooks. read more

I was told by Lisa that they don't work with their clients to find the best suitable options for financing if you have less than a 700, not even a 690, will suffice read more

Horrible unethical company. We are small business and have been affected by Covid19. I fell behind one month after having their equipment for 5 years. I advised the person I was working with that I was making my payment within a couple days. They took it upon themselves without my permission to withdraw out of my account. Which caused more issues for us. Also been trying to get a payoff from them and instructions on how to return their machine and all they have been doing is stringing us along. Their practice is to play games and automatically renew the lease without you knowing. Read the small print. I have 5 payments left and still don't have the pay off! Oh and by the way you to pay $500-$800 to ship the machine back! DON'T TRUST THIS COMPANY!! read more

DO NOT GET A BUSINESS LOAN THROUGH THIS COMPANY. After two years of on-time payment, they randomly put a business loan on personal credit without so much as informing the client!!! To make matters worse their "customer service" MANAGER "Vanecia" was the rudest, most incompetent individual possible while contradicting herself many times over the course of one phone call. NEVER AGAIN!!! read more

The absolute worst company to work with, call, do any business with. Unfortuneately, we have another year with them, I might throw a party when our lease is up but I have to go through all the hoops before that is possible. Miserable company to work with. You will be counting down the days until your lease is ending if ever... read more

Can't believe that after paying $73,000 in five years for $36,000 in equipment that Balboa capital still thinks I need to pay $24,000 more to purchase the same equipment. That would put my total cost at $97,000. This does not include taxes, fee and other costs that would total $109,000 for this equipment. Not to mention they took a total of 23 payments for at 20 payment "lease" out of my account over charging me $9,500. Sounds like the law suit from 2019. I have tried to contact them without any success. I was told that at the end of this lease I would own this equipment. I feel that I have been dealing with legalized lone sharking. They are quick to contact you trying to get you to but more equipment and if you are late with a payment, but if you want to get any answers from them, there is nothing. Would not recommend Balboa capital to anyone read more

I have leased a copier from this company and I can not say anything good to say the least , I'm doing business for several decades and made a ton of agreements with vendors and service providers , but this company by far , its practices are the worse that I have seen. They will give you a contract to sign that you can not read , they will do everything to mislead you. If I would be offered a free service from them , I would say NO , it's that bad , they will harass you to no end. This is a bunch of people and a corporate that should not be in business at all and I urge any potential customer or existing customer t review carefully before engaging or renewing an engagement. I'm in the process of making formal complaints with the authorities including and not limited to the CA and NY Attorney General. Stay away from this business , it's the worst possible and this business should be closed up asap. read more

This is a terrible company - please be aware! If you HAVE to use them, please make sure to have a lawyer to carefully read the contract - very sneaky. Terrible customer service, not flexible at all, will go after you fiercely if there are any glitches. read more

Would not suggest doing business here. Just read the reviews. Mine is similar. If youre into extra fees, poor communication, and a look out for ourselves instead of you attitude then this is the place to conduct business. read more

An agreement was made with balboa capital. For this reason I've added 1 star. However, we do NOT recommend conducting business with them without a lawyer to look over docs before signing. read more

I cannot get my paperwork to register my vehicle from Balboa!! Its been almost 4 months and no one calls back. I'm paying for a vehicle I cannot use on the road because I cannot register it until I get the paperwork!! Very frustrating and very unprofessional. They will take your money though. BOOOO read more

I leased my copier through Balboa Capital with the recommendation from Ameritech in Irvine. These people are not honest. I am stuck in a lease without a way out unless I buy the copier. They make even getting a payoff hard, in fine print you need to send a registered letter 180 days prior to the end of the lease, if not it extends your lease payments even longer than the agreed termination. Ameritech stated that they would stand by me and help me through this and that is not what I signed. Now they won't call me back. I am calling my attorney to report both these companies. I sent the registered letter and they still have not responded. I can only imagine what this is going to cost me. read more

Very poor experience with a Ubiquiti 0% financing offer through Balboa Capital. Hidden fees, aggressive sales solicitations, incorrect payoff quotes, poor communication. I could not rate Balboa Capital any lower. read more

The worst company to use for your small business Before you sign any lease agreement with this "balboa thing" please please read the very small letters on the lease agreement, I leased a small equipment for my small business ended, the price of the equipment was like $3000 With this fabulous balboa company it cost me $12000 within 2 years +the lawyer to get out of this lease! Read very carefully your lease agreement read more

Please stay away from this people. They use all kind of lies and tricks to get you to borrow money, but once you sign the documents, they will do all kind of things to charge for anything. My loan was a lease with a $1 buy out, but they change the contract without letting me know. When finish paying the lease, they told me I had to pay the full amount of the equipment value if I want it to keep it. This bunch of criminal almost put me out of business. When you are trying to talk to this people they don't get the call and even hang up on you. If anybody if suing this company please sign me in. read more

Just finished up a second transaction with Balboa Capital in less then a year and I must say the second time was even easier than the first. Doing business with them has been about as simple as it can get in my opinion. I just called my agent Anthony gave him the numbers and the salesman's phone number and the 2 of them worked out all the details. All I had to do was sign the papers and pick up the equipment. Looking forward to a long relationship with these guys. Thanks Matt's Tree Service read more

This company has been harassing the business I work at for months. They cannot take a hint - seriously, STOP CALLING ME, JAMES + JASON. They laughed when I told them they were harassing our business. I can't hang up on them fast enough. EFF OFF read more

Zero Customer Service!. They charge you extra fees, there is no way to dispute them, nobody answers, nobody calls back. Stay away from them!!! read more

Very poor company to do businesswith, I borrowed 30k for a machine and told rep I was going to payoff in 3 months and they are charging me 18,000.00 interest for a 30k loan for 3 months. Not what representative said when she talked me into this. read more

We will never use this company again. Not only did they charge us insurance for the equipment we bought, they refused to accept the insurance we did have in place. Also, they advertise a buyout at the end of the contract of $101.00. They also charge a contract termination fee of $479.00. For a contract that we fulfilled. Never, ever, ever use them! read more

Balboa is the biggest bunch of scammers you will ever encounter. Was forced to pay $3500 after 3 months to get out of what was supposed to be a loan that they turned into a lease. How they stay in business is beyond me. read more

We have leased from Balboa Capital twice. My guess from the experience is that they're really bad at paperwork and process. No matter how many times we ask for detailed records/invoices so that we can capitalize the assets they're leasing us it's like we are pulling teeth to get the information. We cannot get a payment schedule despite any amount of asking. We cannot get them to reconcile the payment they're taking to the capital they laid out. As far as we can tell the imputed interest rate is well over 30% but they keep saying that since it's a lease the concept of an interest rate is invalid. Yet there is an implied cost of capital which they refuse to disclose or even help you calculate. Every other company I've leased equipment from in the past was very willing to dissect the lease payment for us in order to make sure we were comfortable that we were getting what we expected. Their lack of operational excellence will hurt you as the lessee. This month they deducted their quarterly lease payment from our cash account. The deduction timing was a complete surprise to us and caused us to bounce quite a few other payments including a payroll tax withdrawal. Though we'd been asking for a payment schedule for weeks and weeks so we could plan to meet the payments they had not produced one - didn't even acknowledge the request. When we complained about the lack of warning they admitted that they had been sending us invoices but they now realized they were all going to a misspelled email address at our company so no one was receiving them. When we asked them to fix the problem and give us a few days grace to cover the cash demanded they said that they could only do that if we would pay an 18% penalty for paying late. I have never had a verbal agreement with them to modify terms of a lease actually get honored in documentation. So do not count on anything you hear being what shows up in docs. The conversations are very sales oriented and aren't reflected in reality in the docs. read more

I have told them several times not to take money out of my bank account. It doesn't matter to them. I was told once they have your account they have the right to take the money out if you are late on a payment. They charge you a fee if you use their auto pay system and they charge you a fee for not being on auto pay. Think twice before doing business with them. read more

I really would not give 1 star but you have to select at least one to leave a review. This company lies. I asked for credit requirements, such as minimum score before applying and I was told by Ryan DeVito there was no minimum score requirements. He stated Balboa looks at several credit factors. When I was told I was denied by Ryan, the reason was I did not meet the minimum score requirement of a 650 (which by the way I have a 670). He said my score was a 620 and that was the deciding factor. I know that may score is not a 620 for a fact because I was just approved for an RV with a bank whose minimum score requirement is 650. A reputable bank might I add. This company is fraudulent. read more

Probably not worth adding to all the other reviews about how deceptive and dishonest this company is. Don't even start talking to them because you will never figure out the scam until it's too late. read more

Don't want to go into it too deeply other than to say doing business with Balboa was a mistake on my part. I paid all payments on time and will come out of this relationship with out harm being done. But, If the truck had been totaled or stolen during the term, it would have cost thousands of unearned interest because of built in prepay penalties. Anyway, know what you're getting into and only do business with them if you are studied on your alternatives. read more

As a small business owner, I regret giving my business to Balboa Capital. I was told by their sales man and operations manager that I would not pay a prepayment penalty, interest included because I mentioned what my intentions were - to pay off the loan within a few months. Fast forward to after the contract was signed/funded and requesting a payoff amount and they are billing me for the full 5 years of interest. If I decided to payoff my loan today, which I could have because I had the cash, they are charging me over $24K in interest fees. This is not in the contract that I signed - it is impossible to get a hold of their customer service department and not to mention the sales man basically told me I was screwed at this point and I had to pay this ridiculous amount. I could have paid $45K in cash, but I wanted to build my business credit for future equipment needs, now I am stuck with an additional $24K and some change in just interest charges that are mandatory and included in my payments and there is no point if I try to pay off my loan early. Balboa Capital is definitely not in business to help small businesses grow, but rather screw them over. If you decide to use this bank read your contract carefully. read more

I recently signed up and the payments are fine. But what they don't tell you is that if you want to pay off early the pay off is your monthly payment x the amount of months you have left including interest . TOTAL RIP OFF !!!! read more

They won't even talk to you on the phone. They told me that they do not discuss terms with the Lessee (WHAT!!!)....Only with the accountant of the lessee. When I told them I was an accountant they start talking about forms that do not exist and then while they were talking they hung up. Now they will not answer my calls or call me back. read more

This company is very unprofessional, I have been working with a customer on a truck purchase for almost 3 weeks and still haven't been funded. Their rep doesn't reply to emails or answer the phone. I would not ever recommend them to anyone read more

Signed up for a lease and got approved ASAP... provided ALL paperwork in order to get approved, if I didn't I would not have got approved! But they have continued to charge me for insurance on the equipment loan even thought I and my insurance company have provided proof of insurance month after month, they continue to say they never received the proper paperwork... the paperwork is not filled out correctly... Etc... my insurance company has been in business for 50 plus years and they keep sending them the proper insurance forms. My insurance company says they ave never seen nothing like it before!!! SAY AWAY FROM "Balboa Capital" by all means!!!! read more