Balboa Capital

  www.balboacapital.com
  www.balboacapital.com

Balboa Capital Reviews

Updated September 26, 2014
Updated September 26, 2014
40 Reviews
3.2
40 Reviews
Rating Trends

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Approve of CEO
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Patrick Byrne
25 Ratings

Employee Reviews

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  1.  

    Young crowd, fun environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Level One in Irvine, CA
    Current Employee - Level One in Irvine, CA

    I have been working at Balboa Capital full-time (less than an year)

    Pros

    This is basically a young mans game. The mangers are really cool and there is plenty of opportunity for advancement. Fast paced, fun

    Cons

    Not to sugar coat it, pretty much a telemarketer making phone calls all day trying to get new business leads.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    If you enjoy talking to people this is the job for you!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Balboa Capital

    Pros

    This is a great social environment for talented young individuals. Good place to learn sales.

    Cons

    Limited connectivity to new clients. Repetitive calling to the same accounts

    Advice to ManagementAdvice

    It would help to have a better structure for getting new business.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Challenging company but a good start for a sales career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Inside Sales in Irvine, CA
    Current Employee - Inside Sales in Irvine, CA

    I have been working at Balboa Capital full-time (less than an year)

    Pros

    strong company growth, positive work environment, nice offices, centrally located in OC near all major freeways, quarterly meetings with good speakers and employee recognition

    Cons

    heavy demands on time based on the number of calls you need to make, but it means more money in my pocket because I can close more deals. There are lots of people on the phone in the same work area and it gets loud.

    Advice to ManagementAdvice

    Faster promotions from entry-level sales to the higher positions if you prove yourself to keep quality people happy.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    No matter what they say, its telemarketing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Executive in Irvine, CA
    Current Employee - Account Executive in Irvine, CA

    I have been working at Balboa Capital full-time

    Pros

    They offer a base, and the work environment is pretty relaxed. They offer a really good sales training course during orientation.

    Cons

    After all the dust on your hiring process settles you realize anyone in sales is literally just telemarketing. You spend your day calling people who are not interested in your company, and know about the companies shady tactics. There is a massive employee turnover rate. Just this month 4 people quit. They expect you to make every single call, even of the call is to a end user that cannot use your service and it would be a waste of resources to help them.

    Advice to ManagementAdvice

    Get away from telemarketing. The leads generated by marketing are literally not leads at all, they are just random numbers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    run for your life if you can

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Balboa Capital full-time (less than an year)

    Pros

    monday to friday, short days, games,

    Cons

    pay, culture, no idea , dialing for dollars.hoping to get interest

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Okay Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Balboa Capital

    Pros

    Laid back, casual work attire

    Cons

    No enough money, directors are a bit over bearing

    Advice to ManagementAdvice

    Pay more

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    Good culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Executive in Irvine, CA
    Current Employee - Account Executive in Irvine, CA

    I have been working at Balboa Capital full-time (more than an year)

    Pros

    It is a good first job in the leasing and equipment financing industry

    Cons

    Call campaigns are out-dated. Salary and commission are very slim.

    Advice to ManagementAdvice

    Pay your agents better, make an effort to keep your good agents, pay them better

    Recommends
    Positive Outlook
    No opinion of CEO
  9. 4 people found this helpful  

    No career advancement opportunity..you are a telemarketer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Executive in Irvine, CA
    Current Employee - Account Executive in Irvine, CA

    I have been working at Balboa Capital full-time (more than an year)

    Pros

    Little supervision but with this comes no quality training. Reasonable cost of funds & can say you work for a 20 year old company but not much else good to say

    Cons

    You are not valued in anyway as employee. They do not care about you and basically just want to sell you on a "career" but there is no chance for one

    Advice to ManagementAdvice

    be honest with employees and customers. Stop rewarding your sales people who lie to customers and change contracts from one dollar buyouts to fair market value---which make more money for company---when you know it is a misrepresentation. Stop stealing leads generated by sales reps and having management keep them simply so a sales rep is not paid

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 2 people found this helpful  

    account executive--sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Executive in Irvine, CA
    Current Employee - Account Executive in Irvine, CA

    I have been working at Balboa Capital full-time (more than an year)

    Pros

    Zero ethics. Two customer service reps and over 100 sales people. 95% of sales people last less than 8 months

    Cons

    Zero ethics and no training. Two customer service reps and over 100 salespeople---98% of sales people last less than 7 months. If you have any ethics don't go to work here. If you want short term employment & no career this is a good place. Eight sales people made over $60K in 2013. Marketing department lies & states they did a customer survey & had 98% customer satisfaction. We have never done a survey & think about how unrealistic 98% would be. Try calling customer service yourself & see if you get a live voice!!

    Advice to ManagementAdvice

    Take an ethics class. Leasingnews.org tells the truth about this company. Terrible pay, No 401K, no pension, terrible benefits. Management steals salespeople leads.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Great Entry-Level Career Option For Sales Professionals

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Manager in Irvine, CA
    Current Employee - Sales Manager in Irvine, CA

    I have been working at Balboa Capital full-time (less than an year)

    Pros

    Fast-paced and challenging work environment, good support for leads and marketing calls, company is growing and moving into new office space.

    Cons

    We need new office space because it can get loud with so many sales divisions on the same floor.

    Recommends
    Positive Outlook
    Approves of CEO

    Balboa Capital Response

    Mar 20, 2014Corporate Recruiter

    Great to hear that you are enjoying your sales position at Balboa Capital. Keep up the great work!

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