Balboa Capital Expands Franchise Financing Division
Irvine, CA (PRWEB) March 19, 2013
Balboa Capital, a leading independent financing company in the United States since 1988, announced the expansion of its franchise financing division. The company has seen continued growth in the franchise franchising sector and, in response to the increase in demand, has added new sales managers and a business development director. The expansion reflects Balboa Capital’s continued commitment to this key business sector that produces $2.1 trillion of direct and indirect economic output for the US economy according to theInternational Franchise Association.
“We are expanding our team and increasing our visibility to demonstrate our commitment to franchisors and franchisees nationwide,” said Patrick Ontal, Balboa Capital’s Vice President of Sales for its Vendor Services Group. “No matter what their financing needs are, we can guarantee there will be a Balboa Capital franchise financing expert ready to support them with knowledgeable and responsive service.” Balboa Capital has a long track record of success with franchise business owners who need financing for equipment, inventory, technology and fixtures, as well as for expansion and remodeling/re-imaging efforts. Balboa Capital also offers several small business loan solutions as well as financing programs for franchise equipment vendors.
Mr. Ontal attributes the company’s simplified financing process as a key reason for its success. “In order to meet the needs of our current and future customers, we have systems in place that make it easy for them to access the capital they need. Franchise equipment financing applications can be submitted online in a matter of minutes, credit decisions are made within one hour, and funding can be provided on the very same day. Plus, we can fund franchise business loans in a matter of days.” You can learn more about Balboa Capital’s capabilities by viewing this franchise financing video. The company also developed an informative franchise financing infographic that you can download for free.
Balboa Capital’s franchise financing expertise and established customer base has put them in demand among franchisees. The company is the preferred financing resource of franchise business owners in the quick service restaurant (QSR), hotel and hospitality, consumer service, retail and automotive industries, among others. Balboa Capital works with some of the largest and most recognized franchise brands in the country.
About Balboa Capital
Celebrating its 25th year in business in 2013, Balboa Capital has provided financing to thousands of small and medium-sized businesses throughout the United States. Balboa Capital is one of the largest independent finance companies in the nation delivering access to capital, speed of processing, leading-edge technology and state-of-the-art marketing tools that help fuel the growth and success of today’s businesses and equipment vendors. In addition to franchise financing, the company’s portfolio of financing options includes equipment leasing, commercial financing, equipment vendor financing and small business loan options. You can learn more about Balboa Capital by visiting their corporate website at http://www.balboacapital.com/.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/3/prweb10544648.htm