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Friday, Mar 21, 2025
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Balboa Opens Pacific NW Office

Balboa Capital, a Costa Mesa-based provider of business loans and equipment financing, opened an office in Spokane to expand in the Pacific Northwest.

This office will be led by Michael Bivins, director of enterprise and commercial sales. Balboa now has four locations, a list which also includes Scottsdale, Ariz., and San Ramon, Calif.

Balboa Capital President Phil Silva said in a press release the Spokane area “is rich with talent from leading colleges and universities.”

Balboa has 250 employees and has made $5 billion in loans since its inception in 1988.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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