Balboa Capital Appoints Industry Vet Grant as VP, Portfolio Management
DEC 18, 2018 - 7:00 am
Balboa Capital, a direct lender that provides growth capital solutions to small businesses and middle-market companies nationwide, announced the appointment of James Grant as vice president, Portfolio Management. In this role, Grant will focus on growing Balboa Capital’s commercial financing, working capital loan, and equipment vendor financing business. Grant will work at the company’s headquarters in Costa Mesa, CA.
“We are pleased to have Jim join our team,” said Phil Silva, president of Balboa Capital. “He is a longtime friend of mine, and many members of our management team have known him, and worked alongside him, dating back to the mid-1990s at American Express. His hiring underscores our focus on adding top talent to help us continue our robust growth and solidify our position us as an industry-leading independent financing company.”
“It’s exciting to join a financing company with such a great track record and so much opportunity to grow,” said James Grant. “I’ve known the company’s management team and key personnel for many years, and I share in their strategic objectives and growth goals. Everyone at Balboa Capital pulls in the same direction, and I wanted to be a part of an organization with this level of focus and discipline. It will be my honor to support the Balboa Capital team. I look forward to using my skill set and knowledge to drive this nationally recognized, long-tenured brand to the next level.”
Grant has more than three decades of experience in portfolio management and customer service. Prior to joining Balboa Capital, he had successful tenures at Quick Bridge Funding, LEAF Commercial Capital, People’s United Equipment Finance Corporation, and American Express, among others.
As we continue to navigate the COVID-19 pandemic, many smaller equipment finance companies may not have access to the same level of information upon which larger industry players rely. Our guest editors suggested we ask several Monitor 100 companies to... read more
Any relationship with a parent is fraught with complications. And equipment finance businesses sometimes find themselves in difficult family situations— grateful for a home and support but knowing that their vision and expertise is sometime at odds with the parent.... read more