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More Flexibility for Your Customers!
Whether you are an existing Balboa Capital working capital broker partner or are looking for a new funding resource for your customers, we have some existing news. It’s the Balboa Capital Prepayment Incentive Program. It gives your customers greater flexibility regarding their loan payoffs and enables you to make competitive commission payouts. Here are the key highlights of the program:
- Customers on weekly payment programs can pay off their loan early with all unpaid factor charges/interest forgiven when they use their own funds.*
- You still have the ability to price up to 17 points in commission per the normal commission structure.*
- If your customer chooses to participate in the program, we will still pay you up to 7 points in commission once the deal funds.
- The remaining commission is paid out if and when the customer’s contract goes to full term or if there is a full balance renewal.
This incentive can help you close more deals with your best customers. In addition, we'll provide you with prompt communication for each submission as it moves through our underwriting process. Our instant credit decisions and fast funding can help you get more repeat business from your top customers.
*See program parameters and exclusions.
Balboa Capital Partner Relations Team
(888) 225-2621
marketing@balboacapital.com
Balboa Capital
575 Anton Blvd., 12th Floor
Costa Mesa, CA 92626
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