Balboa Capital Hires Patrick Ontal As Vice President Of Inside Sales

Irvine, CA , July 18 2007 - Balboa Capital Corporation announces the hiring of Patrick Ontal as Vice President of Inside Sales – Vendor Services Group. Mr. Ontal brings 21 years of vendor leasing experience to Balboa Capital where he will be responsible for hiring, training, and mentoring Balboa’s vendor sales team.

Mr. Ontal is experienced in all aspects of sales and sales management in vendor leasing. Prior to Balboa Capital, Patrick worked for US Express Leasing where he was responsible for the Technology segment’s inside sales team Previously, Patrick led the Franchise Finance sales team at Key Equipment Finance. Patrick has worked for other fine companies such as Sony Financial Services, Compaq Capital, and AT&T Capital Corporation. Patrick holds a Bachelor of Arts degree in Psychology from La Salle College in the Philippines.

“I am excited about assisting Balboa Capital to grow their vendor channel. They possess the potential to make a mark in a number of equipment segments. Our single point of contact approach, streamlined processes, and advanced technology tools should bring real value in the small- and medium-sized vendor sector,” said Mr. Ontal.

About Balboa Capital
Balboa Capital provides equipment leasing and financing to small and mid-sized business in the United States. The company markets its products through its direct sales force, vendor channel, and broker partnerships. The company offers leases in the range of $ 5,000 to $ 5,000,000. Balboa Capital is privately held and based in Irvine, CA.

Contact:
Balboa Capital
Jonathan Albin
Tel: ((949) 553-3498
E-mail: jonea@balboacapital.com

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