Balboa Capital announced the expansion of its point-of-use water (POUW) equipment vendor financing team. The company added new finance managers, credit specialists and customer service representatives, plus made several key enhancements to its POUW equipment vendor financing program.

"These efforts address the increased demand from POUW equipment dealers and demonstrate our ongoing commitment to this highly specialized industry," said Carla Freberg, Vendor Services Manager at Balboa Capital. "The addition of new and talented financing professionals to our team will increase our competitive advantage in POUW equipment vendor financing and allow us to better serve our growing base of POUW equipment dealers throughout the country."

Ms. Freberg also discussed Balboa Capital's newly enhanced vendor financing program. "We secured a revolving credit facility from Wells Fargo Capital Financing, which greatly increases our lending power, and we streamlined our online financing tools so our POUW vendor partners can manage every aspect of their customers' accounts from a computer, tablet or mobile device."