Balboa Capital Executive Team

Meet the talented financing professionals who are responsible for running our company.

Patrick Byrne

Chief Executive Officer

As the founder and Chief Executive Officer of Balboa Capital, Patrick Byrne oversees all aspects of the company’s strategic direction and goals while ensuring operational excellence within every department. A visionary entrepreneur, Mr. Byrne launched Balboa Capital in 1988 with a mere $4,000, and it became one of the largest and most respected equipment financing companies. In December 2021, Balboa Capital became a division of Ameris Bank. Mr. Byrne is a graduate of the University of Arizona, where he earned a Bachelor of Arts Degree in Economics and Bachelor of Science Degree in Finance. In addition, he completed the joint MBA program at Columbia University and The London Business School. Mr. Byrne enjoys surfing, endurance sports, and spending quality time with his wife and their three children.

Phil Silva


Long-time financing industry professional Phil Silva was appointed President of Balboa Capital in 2008, just one year after launching the company’s highly successful Vendor Services Group. Mr. Silva draws on over 25 years of experience to lead Balboa Capital’s sales divisions. His accomplished career includes managing sales professionals and building and retooling equipment segments in the equipment financing industry. Mr. Silva started and ran the National Accounts Group for American Express and was the General Manager for the Healthcare, Franchise and Business Capital Loan divisions, as well as Marketing. In addition, he was responsible for Field Sales at Dana Commercial Credit. Mr. Silva earned his Bachelor of Arts Degree in Business Management from Whitworth College in Spokane, Washington. Phil likes spending time with his wife and their children and baby granddaughter. Mr. Silva is an avid fan of sports and “superhero” movies.

Robert Rasmussen

Chief Operating and Risk Officer

Robert (Rob) Rasmussen has been the Chief Operating and Risk Officer at Balboa Capital since 2004. Mr. Rasmussen has over 25 years of experience providing financing solutions to businesses and vendor partners. Prior to joining Balboa Capital, he worked at American Express Business Finance, where he led Risk and Operation for its Vendor Finance division. In this position, he oversaw financing for the healthcare, office products and technology markets. Mr. Rasmussen’s career also spans over 10 years of combined experience at Bell Atlantic Tricon and GE Capital in healthcare and corporate finance. Mr. Rasmussen is a graduate of the renowned Pepperdine University, where he earned his Master’s Degree in Business Administration. He earned his Bachelor’s Degree in Finance from California State University, Fullerton. Robert couldn’t think of a better way to spend his free time than with his wife and their two children. Mr. Rasmussen likes sports, traveling and attending sporting and artistic events for his children.

Jim Grant

Vice President, Portfolio Management

James (Jim) Grant is Vice President, Portfolio Management for Balboa Capital. In this role, which he has held since late-2018, he focuses on growing our company’s commercial financing, working capital loan, and equipment vendor financing business. Mr. Grant has more than three decades of experience in portfolio management and customer service. Prior to joining Balboa Capital, he had successful tenures at Quick Bridge Funding, LEAF Commercial Capital, People’s United Equipment Finance Corporation, and American Express, among others. Jim enjoys traveling, spending time with his wife, and training K9 dogs. You can call Jim directly at (949) 316-3837 or email him at