Balboa Capita announced it has expanded its oil and gas equipment financing division, and will be a featured exhibitor at the 2014 DUG Permian Basin Conference and Exhibition in Fort Worth, Texas from May 20-22. The company is now well-positioned to meet the financing needs of middle-market companies and large corporations in the oil and gas industry throughout the United States.  

“We have been supporting oil and gas companies for many years and, to expand our reach in the highly specialized oil and gas industry, we hired a team of seasoned financing directors,” said Phil Silva, President of Balboa Capital. “Their vast experience in the oil and gas sector, along with their financial expertise, provides great value to our clients.” Balboa Capital’s oil and gas equipment financing division works with companies that require financing ranging from $1 million to $100 million. “Investing in key personnel demonstrates Balboa Capital’s commitment to our current and future clients in the oil and gas industry,” added Mr. Silva.

Balboa Capital is one of the largest independent finance companies in the nation delivering access to capital, speed of processing, leading-edge technology and state-of-the-art marketing tools that help fuel the growth and success of today’s businesses and equipment vendors. In addition to corporate financing, the company’s portfolio of financing options includes equipment leasing, franchise financing, equipment vendor financing and small business loan products.