Balboa CapitalReviews of balboacapital.com

A sales rep at Balboa Capital ran my credit report without permission & then refused to even so much as apologize once I brought this fact to his attention. After that he continued to solicit me with marketing emails and when I told him to take me off his list he wrote me an insulting email claiming that he had my permission to run the report and I was only upset because they didn't approve me. Definitely steer clear of these guys.

I strongly advise you to stay far away from Balboa capital. Their contracts are so one sided in their favor it's ridiculous. After the end of the lease with the return of the equipment, they still claim they never received the equipment. I sent the least equipment back UPS certified with return signature but they still claim they never received it. All checks and payments were made either by ACH or certified but the boy still claims the payments were late. Balboa capital looks for any reason to add additional fees, lie about payments received late. They have catchy wording in the contract where you have only a specified period of time to not renew your lease or return the equipment. This this is an obvious attempt on their part to extort more money from you. I have literally sent dozens of certified letters, faxes, and phone calls. They have never replied back to me or return my phone calls or answered my certified letters. They claim they never received the least equipment back to them in the specified time and with the appropriate notification even though the equipment was sent by UPS with a return signature showing that they did receive the equipment. When I sent a certified letter stating this fact they completely ignored it and never replied back to me. When they send an invoice they just give a total dollar amount without breaking down how they got to that amount. There are numerous complaints against Balboa capital that have been filed with the California Attorney General's office . I strongly advise that you stay far far away from this company and never release any equipment from them. They are shysters, make threats, and are extremely non-professional. They never return my phone calls or respond to certified letters. Balboa capital our modern day crooks and shysters. Please find a Nother leasing company and never use Balboa capital. Do your research And contact the state Attorney General's office, or check the hundreds of bad reviews online regarding Balboa capital.

Don't be a day late. This company is eager to jump the gun and add late fees. We pay on a auto pay from our checking account and they changed the due date then levied a late fee The new due date was 12/9. we had it as paying o the 14th. We received several collection calls, threats to turn over to collections, a late fee and also several e-mails regarding penalties and a fees that would be levied if payment was not received immediately. Terms also are very favorable to the profitability of Balboa. Be wary. Working with this company is swimming with sharks.

We financed a piece of equipment through Balboa and dealt with their account rep Field Amundson who was easy and great to work with to get the loan done. Then once we signed his responsiveness and attitude changed completely. Whats most frustrating is he told us that we needed to get insurance on the machine and that once we did we would be refunded the >$500 fee they charged us each quarter for not having insurance. We did finally get the machine insured but when we asked to have the payments refunded he referred us to Cristina Vasquez who is an Insurance Certificate Administrator. She was hands down the rudest and most dishonest person I have dealt with since starting my company 4 years ago. I sent her an email directly from Field stating the insurance fee's would be refunded and she then refused to refund. When I asked her to speak with whomever her manager was or who made the decision to not honor their refund she replied with a "that would be me" with no additional response. I would never recommend this company to anyone who wants to do business with a stand-up, reliable financing company. They will churn you through and burn you on the back-end.

It took their insurance department almost 10 months to tell my insurance company exactly what they needed for the tractor I bought And for almost the whole time Charged me 130 bucks a month. I only pay my insurance company a little more than that for a whole year for the tractor for my farm Total pain in the butt to deal with.

After sharing all my sensitive personal information the gentleman that was working with me practically disappeared decided not to answer phone calls or emails and when I called Customer Service all they could do is transfer me to him because technically he doesn't even have a supervisor

Did a deal with what we thought was an ethical salesperson David W Told us whatever it took to make us sign. Told us the lease was a full payout and at the end of term it was supposed to be dollar buyout . Wound up be a operating lease and their end of term department screwed us royally we paid twice what we should have . Also discovered a hidden clause where Balboa charges interim rents for almost 3 months . Never will use them again