Industrial Automation Equipment Vendor Financing

Fast, flexible financing solutions to meet your customers’ needs.

In today’s fast-paced business world, companies in myriad industries are implementing modern industrial automation practices to boost productivity and optimize workplace safety. These include Robotics-as-a-Service (RaaS), Machine-as-a-Service (MaaS), and Hardware-as-a-Service (HaaS). If you are a national vendor, dealer, or manufacturer of these innovative solutions, you know this.

You also know that sales revenues are the cornerstone of your success and profits, and it starts by closing more deals. That is where Balboa Capital, a division of Ameris Bank, can help. We are a top-rated business lender that offers equipment vendor financing nationwide. Our competitive rates, flexible repayment terms, and fast turnaround times can help you and your sales team members move more inventory and generate customers for life.

Application-only for hard collateral up to $500,000
Application-only for soft collateral up to $350,000
If approved, same-day funding is available
Easy online application
One-hour approval decisions during regular business hours
Flexible terms available
Competitive rates
Online sales management system

We create value for RaaS, MaaS, and HaaS vendors, dealers, and manufacturers nationwide.

Offering fast, flexible financing solutions to your customers is just the start. Balboa Capital’s industry-leading program is packed with value-added benefits that set us apart from the competition. These include private-label financing, also known as “white label financing,” and Portal360™, our proprietary online sales management system that lets you manage all aspects of your customers’ transactions in real time.

Plus, we can combine your customers’ hardware, software, and support services/maintenance so they have a single, convenient payment each month. In addition, you can receive payment up-front every time a HaaS/MaaS/RaaS contract renews for upgrades, new maintenance contracts, implementation charges, etc.

You also can upgrade your customer’s contract during their existing HaaS/MaaS/RaaS contract. Or, choose a variable billing option for specific services. You retain full ownership of your robotic equipment/software throughout the HaaS/MaaS/RaaS term. If your customer defaults on their payments, there will be no recourse so long as you attempt to place the robotic equipment/software back into active service with new customer accounts.

Efficiency at every step and a single point of contact.

Busy business owners do not want to waste their time with a long and complicated equipment financing process. With Balboa Capital, they will not have to. We keep our application simple so that it can be completed quickly. If your customer’s application is approved and they decide to move forward, your dedicated Balboa Capital account manager will help facilitate the deal and answer any questions you have. And our ability to provide prompt funding means your customers can get their RaaS, MaaS, and HaaS solutions promptly, and you can be paid faster.

Plus, you will with the same account manager at every step, which simplifies things and allows for a more personalized and efficient process for you and your customers. A single point of contact will become thoroughly familiar with your vendor, dealer, or manufacturing business and act as an extension of your team. This individual will always know what is going on and keep your best interests in mind.

Benefits of offering financing programs to your customers.

For many customers, paying cash for capital-intensive industrial automation equipment purchases isn’t a realistic option. So, presenting your customers with custom-tailored financing options from Balboa Capital is an ideal complement to your existing sales strategy. Here are some of the many benefits of offering financing to your customers:

It can help you close more deals.
It can shorten the sales cycle.
It can increase your average deal value.
It can prevent customers from taking their business elsewhere.
It can reduce reliance on discounting to close deals.
It can enable revenue-generating referral fee income.
It can lead to customer retention and repeat business.

Read our blog article that covers six reasons why equipment vendors offer financing to their customers.

Portal360™ helps streamline all aspects of your sales transactions.

When you become a Balboa Capital vendor partner, you will have access to our online sales management system, Portal360™. Built from the ground up, this cloud-based system lets you run sales reports, create estimates, and submit applications. You can also connect directly with our underwriters if you have credit-related questions.

All these fantastic features save time, meaning you can focus on your customers’ RaaS, MaaS, and HaaS needs and sales efforts. In addition, Portal360™ is free to use when you become our partner.

Real-time transaction information
Robust reporting tools
Price quote tools
e-Signature integration
Private label program compatible
Safe and secure account access
Easy-to-use interface
Optimized for mobile devices

Answers to frequently asked questions about our vendor financing program.

How do I become a Balboa Capital vendor partner?

All you need to do is submit a simple online equipment vendor partner application. If your application is approved, one of our vendor financing managers will call you to discuss our program and answer any questions.

Does it cost anything to become a vendor partner?

No. It will not cost you anything to become a Balboa Capital vendor partner.

Are there minimum volume requirements?

Yes. We look for equipment vendors with $300,000+ in monthly volume. That said, we welcome the opportunity to work with vendors who need a resource to structure and deliver financing programs for their customers, and increase their volume with us over time.

How do my customers apply for financing?

They can use a convenient online equipment financing application that can feature your company logo. In addition, if you become a Balboa Capital vendor partner, you will also be able to submit applications through Portal360™, our industry-leading online sales management system.

How long until I get paid?

Fast turnaround times are what Balboa Capital is known for. We offer same-day funding for approved deals, and once the equipment is delivered and accepted, you can expect to receive a payment within 24 hours. Plus, qualified vendor partners might be eligible to utilize Balboa Capital’s early commencement funding program which advances up to 100% of all project costs prior to complete delivery and installation.

Ready to get started?

Contact us today if you want to become a Balboa Capital vendor partner, or if you have questions about our RaaS, MaaS, and HaaS financing solutions for vendors, dealers, and manufacturers.