# Balboa Capital Review

> Balboa Capital — now operating as Ameris Bank Equipment Finance following its 2021 acquisition by Ameris Bank — is a long-established lender focused on equipment financing for small and mid-sized businesses. It's built around speed: an online, application-only process with quick decisions, making it a fit for businesses that need to acquire equipment without lengthy paperwork.

## Key takeaways
- Balboa Capital — now operating as Ameris Bank Equipment Finance after its 2021 acquisition by Ameris Bank — is a direct lender focused on equipment financing for small and mid-sized businesses.
- Its application-only process with minimal paperwork and potential same-day funding makes it a fit for businesses that need to acquire equipment fast.
- Rates and full terms are quote-based rather than published, loan minimums can be higher than some online lenders, and it's best suited to businesses with an operating history and stable revenue.

## Balboa Capital at a glance

Balboa Capital is a long-running business lender that, since being acquired by
Ameris Bank in 2021, operates as a division of the bank and now markets itself as
**Ameris Bank Equipment Finance**. It built its reputation on **equipment
financing** delivered with speed: a short, fully online, application-only process
with fast credit decisions. For businesses in
fast-moving industries — construction, logistics, manufacturing, and more — that
turnaround can be the difference between landing and losing a job.

### What Balboa Capital offers

- **Equipment financing and leasing** — funding to acquire new or used machinery,
  vehicles, technology, and other business assets, with lease-to-own structures
  available for assets you may upgrade later.
- **Small business loans** — short-term working capital for broader business
  needs.
- **SBA loans, vendor financing, and franchise financing** — additional options,
  including programs for equipment vendors who want to offer financing to their
  customers.

### How equipment financing works

With equipment financing, the equipment itself typically serves as collateral,
which can make approval more accessible than an unsecured loan. Balboa Capital's
application-only process means many requests can be approved without extensive
financial statements, and funds can be available quickly. Rates and terms are
quote-based rather than published, so it's important to review the full payment
schedule and any fees before signing — and remember that terms can change.

### Who it's best for

Balboa Capital fits businesses with **some operating history and stable revenue**
that need to finance equipment fast and prefer minimal paperwork. Businesses with
strong credit that can wait may find lower rates through a bank or SBA loan.

### How to decide

Because pricing varies by deal, it's worth comparing a couple of offers before
committing. The simplest way is to apply once through Hoss Capital — we'll match
you with Balboa Capital and comparable equipment lenders so you can weigh the real
numbers side by side.

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Canonical: https://hoss-capital.pages.dev/lenders/balboa-capital/

Sources:
- https://equipmentfinance.amerisbank.com
- https://equipmentfinance.amerisbank.com/commercial-financing/
- https://www.balboacapital.com