• Report: #1025305

Complaint Review: Balboa Capital Corp.

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  • Submitted: Thu, March 07, 2013
  • Updated: Thu, March 07, 2013

  • Reported By: Nizar — Humble Texas United States of America
Balboa Capital Corp.
2010 Main Street Suite 1100 Irvine, California United States of America

Balboa Capital Corp. Balboa Agreed to lease than cancelled lease and now won't return deposit. Irvine, California

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Balboa Capital agreed to finance (lease) hotel furniture/equipment in September of 2012. We signed all appropriate paperwork, provided vendor quotes, and paid deposit to be applied towards first payment of lease. Balboa dragged the process for 5 months before saying they could not do the lease and blamed the vendors. Balboa then said that any equipment we purchase on our own, they would reimburse us for as long as we provided proper receipts. After providing receipts of said purchases, Balboa also refused to reimburse us. After refusing to do lease salesperson wanted us to sign document saying we cancelled lease and they get to keep deposit. I refused on two occasions to sign this. Company now refuses to give back deposit after we wasted 6 months on this deal and have nothing to show for it. Had we used another leasing company, we would have gotten our furniture by now. Our hotel has lost an opportunity to get more business had we been able to get our furniture and make the appropriate remodel to hotel. I want nothing more than my deposit back.

This report was posted on Ripoff Report on 03/07/2013 07:13 PM and is a permanent record located here: http://www.ripoffreport.com/r/Balboa-Capital-Corp/Irvine-California-92614/Balboa-Capital-Corp-Balboa-Agreed-to-lease-than-cancelled-lease-and-now-wont-return-dep-1025305. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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