Balboa Capital, an independent provider of small business loans and lighting equipment vendor financing based in Irvine, Calif., has become a preferred financing resource for LEDtronics Inc., a supplier of LED lighting, LED lamps, clusters, and arrays. Through this relationship, Balboa Capital will develop financing programs for LEDtronics end-users across the country.
“LEDtronics is a recognized leader in the design and manufacturing of energy-efficient and environmentally friendly LED lighting products, and we are pleased to be their preferred financing resource,” says David Shafer, Director/Business Development of Balboa Capital’s Vendor Services Group. “This affiliation bolsters our ability to serve LEDtronics sales team members and resellers nationwide. We will provide their customers with fast, flexible financing solutions that can help drive sales, increase profits, and grow the LEDtronics brand.”
LED lighting products are more energy-efficient and last longer than traditional lighting solutions, which makes them an excellent option for myriad commercial and industrial applications. “The upfront cost of LED lighting systems might prevent some business owners from investing in this innovative technology even though it presents them with financial benefits down the road,” Shafer notes. “With Balboa Capital, companies can preserve their existing capital and credit lines and acquire LEDtronics’ lighting products for an affordable monthly lease payment.”
Balboa Capital’s financing program for LEDtronics includes one-page applications for up to $150,000 in financing that can be submitted online, with credit decisions made within one hour. Balboa Capital has competitive rates and same-day funding. The LEDtronics sales team and resellers who become Balboa Capital vendor partners will be able to manage every aspect of their financing transactions with Navigator, Balboa Capital’s online sales management system that has a variety of tools and features to help equipment dealers take their businesses to the next level.