Balboa Capital Reviews
Updated Jun 14, 2021
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"Organised and professional work environment" (in 25 reviews)
"Good environment, positive atmosphere, well-trained manager" (in 7 reviews)
"High turnover- Expected in Sales" (in 11 reviews)
"starts off a little slower with making cold calls" (in 10 reviews)
- Current Employee, more than 1 year★★★★★
Pros
Good management, employees here seem to be friendly, remote work.
Cons
Pay is ok. Could be higher
- Former Employee, more than 1 year★★★★★
Making hundreds of calls a day to provide funding for working capital or equipment financing.
RecommendCEO ApprovalBusiness OutlookPros
No education required, Nice office
Cons
Lack of communication, honesty, and deals tend to fall through at the last min.
Continue reading - Current Employee, more than 1 year★★★★★
Pros
Remote work that’s it. That’s only thing good about it
Cons
This company needs to invest more in leads. All of the applications that I put in were from my existing contacts. The leads they provided were very terrible. They do not assist you when you asked for help. They will leave you out there to fail. The training that they provided did not help to learn there horrible systems. The credit window they have is very tight. Balboa states that they are an A-E credit lender. But they are barely approving C credits. This company needs to loosen up all of their restrictions. I would not recommend them to anyone within this industry as a sales rep
Continue reading - Current Employee, less than 1 year★★★★★
Pros
Plenty of sales tools, solid list of previous customers to call, management support is excellent. Interview process is very thorough as well as response time and feedback. HR and hiring managers do an excellent job of staying involved in the process! Competitive pay/commission plan within industry.
Cons
None at this time that I have encountered.
Continue reading - Current Employee★★★★★
Pros
Was given a full him office and remote work station
Cons
None have come up yet.
Continue reading - Current Employee★★★★★
Pros
no micro managing, eat what you kill, great commission potential
Cons
there is no 401k match sadly
- Former Employee, more than 1 year★★★★★
Pros
When applying for jobs, employers are impressed at any reps who stay more than 1 year because the ethics are terrible and deals are scarce. There are good, competent people at Balboa, who are fun to work with and have a fresh vision on how to change in the years to come. The name is relatively well-known.
Cons
This company is sued routinely (Google it). Balboa is known as the 'bootcamp' of the equipment finance industry for good reason- Long hours...200+ calls/day to start, questionable management practices. Reps are regularly encouraged to price-gouge customers to maximize profits. Their contracts have fine print to the point that any business owner with some legal knowledge and attention to detail usually calls after receiving them with questions you are directed to spin. Balboa Capital reserves the right to change terms at any time, so after deals close, reps are often directed to amend agreements on less savvy customers at their expense for which they have no legal recourse.
Continue reading - Former Employee, less than 1 year★★★★★
Pros
Some nice people in the office
Cons
management, pay, training was essentially non existent
- Former Employee★★★★★
Pros
People are generally nice there
Cons
Its definitely a grind to get those sales calls
- Current Employee, less than 1 year★★★★★
Pros
Great and helpful team environment
Cons
Monotonous daily job, poor lead generation.
Continue reading
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