Balboa Capital announced it will deliver instant credit decision and electronic signature capabilities to its customers who are seeking financing for new or updated business equipment.

According to Balboa, these technologies will allow for a more efficient and convenient equipment leasing process.
“As a technology-driven financing company, we are always looking at new and innovative ways to improve the customer experience,” said Jake Dacillo, marketing director at Balboa Capital. “Instant credit decisions and electronic signatures are game-changing technologies that will enhance our competitive position in the alternative lending space.”

Business owners who submit an equipment financing application through the Balboa Capital website will receive an instant credit decision based on the information they provided.

“Our sophisticated credit decision-making technology takes the guesswork out of the application process for our customers,” Dacillo said.

Once Balboa Capital approves an equipment lease application, the customer can accelerate the financing process with an electronic signature.

“We move at the speed of today’s business world in order to meet the needs and expectations of our customers,” Dacillo said. “Electronic signatures provide our customers with a faster, easier and completely secure equipment financing application process. There is no need to print, fax or mail documents.”

Balboa Capital is an independent finance company that provides equipment leasing, commercial financing, small business loans, franchise financing and equipment vendor financing.