Balboa Promotes Johnston to Commercial & Specialty Vehicles Lead

Direct lender Balboa Capital promoted Mark Johnston to lead the growth in its Commercial Vehicles Division.

“Mark has been a leader in loan production, developing relationships with major dealer groups, establishing partnerships with national roadside assistance companies, and website initiatives. We are well positioned to further penetrate the market with our combination of fast responses, competitive rates and technology-driven solutions,” said Carla Freberg, director of Sales, Vendor Services Group at Balboa Capital.

“I am excited to continue expanding our products and programs, especially in the vocational truck market,” said Johnston. “I share in management’s vision of the direction of the Commercial Vehicles Division and we have assembled a motivated and experienced team of professionals. I look forward to using my skill set and knowledge to drive this nationally recognized, long-tenured brand to the next level.”

Johnston has more than two decades of experience in commercial lending and leasing. Prior to joining Balboa Capital, he had successful tenures at Byline Financial Group, Beacon Funding, American Chartered Bank and Citibank, among others.

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.