By Joyce Dimaculangan
Balboa Capital announced that it has named Eric Mandella as Sales Manager in its newly-opened office in Jacksonville, Florida. With more than 16 years of experience in the industry, Mr. Mandella will lead a group that will serve Balboa Capital’s existing and future equipment vendor partners on the east coast. In his new role, Mr. Mandella will manage the day-to-day operations of the branch office, and provide systems and process training along with industry knowledge training.
The new office is part of Balboa Capital’s aggressive growth plans. Balboa Capital has already hired six experienced equipment vendor financing managers for its new office, and expects that number to double within the coming months. Jacksonville is the Company’s fourth office location, with other offices located in Scottsdale, Arizona and San Ramon, California.
“We have had tremendous success working with equipment vendors nationwide, but we felt it was important to anchor our east coast presence based on the growing demand for our fast, dependable financing products,” said Phil Silva, president of Balboa Capital. He added that, “Our new office in Jacksonville firmly establishes our coast-to-coast coverage and enables our vendor financing team to provide focused support.”
About Balboa Capital
Founded in 1988 and headquartered in Irvine, California, Balboa Capital is one of the largest independent financing companies in the United States. It offers comprehensive financing capabilities, including equipment leasing, commercial financing, vendor programs, franchise financing and working capital solutions to many businesses in different industries in the country. Additional information can be found at its website www.balboacapital.com.