Lou g.

This broker misleads their clients with "Bait and Switch schemes" and use contracts to hide their wrongdoing. This corporation is a broker and not a bank. They are also known as Ameris Bank but they don't service the loans. The actual loan ended up being serviced by Amur Equipment Finance out of Nebraska. The scheme started with a telemarketing call from an account executive called Matthew Kruger to which he guaranteed a competitive interest rate of 6.6% to 7% in providing a 5-year loan. See the text picture from Matthew. Balboa ended up adding a Per Diem charge of.*******% to the monthly payment. The monthly payment actually put the interest rate at 13.423%. My business credit is A-rated so I would have never taken this loan if Matthew would have been honest.
I addressed the issue with a Branch Sales Manager Brendan Gibbs to which he continued to defend what is Predatory lending and issued no resolution. Unfortunately, I'm now in a legal battle with this shady brokerage firm.

I hope this review will help people decide for themselves.