COSTA MESA, Calif.
, March 19, 2020
/PRNewswire-PRWeb/ -- In the wake of the COVID-19 pandemic, Balboa Capital, a leading online lender that specializes in small business loans and equipment financing, has developed and enacted business continuity plans to help ensure the health of its employees and the communities in which they live.
"As a technology-driven lender, providing our in-office employees and remote workers with the latest tools, resources, and mission-critical applications necessary to serve our customers and vendor partners is something that we have been doing for many years," said Robert Rasmussen
, Chief Operating Officer at Balboa Capital. "As a result, we were well prepared for the prospect of a completely mobile workforce long before the recent coronavirus outbreak."
Mr. Rasmussen said that Balboa Capital acted quickly to enable all of its employees to work remotely, and at optimum efficiency. "We made significant capital investments in IT equipment, mobile technology, and bank-level security technology that enable our entire workforce to work remotely. Employees in every department can access our suite of in-office resources and applications securely, and they can communicate with each other via telephone, chat, and video."
"We know this is a rapidly evolving situation, and we are staying on top of the new information and recommendations coming from the CDC and the U.S. Department of State," said Mr. Rasmussen.
About Balboa Capital Balboa Capital is a technology-driven financing company that provides business owners with fast, hassle-free solutions to fuel their growth and success. The company specializes in small business loans, equipment financing, commercial financing, equipment vendor financing, and franchise financing. Balboa Capital developed an intuitive online platform that simplifies the entire financing process. Calculators provide instant estimates, applications can be completed and submitted in a matter of minutes, and sophisticated credit scoring technology provides instant decisions. To learn more, visit https://www.balboacapital.com.
SOURCE Balboa Capital