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Business Profile

Small Business Loans

Balboa Capital Corporation

This business is NOT BBB Accredited.

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  • Joann S

    Date: 02/09/2023

    Over the years, we have utilized several finance companies for our small business, and Balboa Capital has to be the worst. To start: most companies' statements are easy to read and make complete sense. Not Balboa; they lump multiple monthly loan amounts due on a single statement making it difficult to understand what they are doing. We've also had an issue with their claiming that they didn't receive proof of insurance so they charged us for insurance. Then when they are repeatedly given the insurance again, the reversal of charges occurs but their statements show the insurance charging again. ***** also hires their own titling company when the titling company fails to do their jobs, Balboa charges you for not having the title. If that isn't enough to steer you away, their wait time to speak with a staff member is at least 25 minutes and more (that is, if they don't disconnect from the call). So if you insist on going with Balboa and when you have an issue (and you will have issues) expect that you won't be able to speak with a person, and they also will not reply to your emails.

Balboa Capital Corporation is NOT a BBB Accredited Business.

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