Balboa Capital announced the hiring of five professionals for its newly formed commercial vehicle vendor financing team.

Jack Hirsh, Jim Bryan, Brian McDermott and Richard Parker are regional managers, and Wayne Pass is credit manager in Balboa Capital’s Vendor Services Group. This team of financing professionals has many decades of documented success along with a wealth of industry-specific knowledge.

“This is the time to enter the specialty vehicle space and we could not have picked a better team to help us with this endeavor,” said Phil Silva, president of Balboa Capital, who adds, “These individuals have a tenured and successful track record of partnering with dealers across the country. Their efforts, along with our industry-leading Value Proposition, will contribute to the short- and long-term success of our vendor partners.”