Ameris Bancorp-backed Ameris Bank completed the acquisition of Balboa Capital.

Ameris Bancorp-backed Ameris Bank, a financial institution, completed the acquisition of Balboa Capital, an online provider of business lending solutions. Financial terms were not disclosed. "Balboa Capital has helped tens of thousands of businesses access growth capital with instant credit decisions and same day funding. We look forward to providing Balboa Capital's lending technology and bringing a new digital lending option to more of our business customers. Just as important, Balboa Capital brings more than 30 years of technology expertise to Ameris Bank led by Patrick Byrne, its chief executive officer, and Phil Silva, company president. We are excited to have Pat, Phil and their team join our organization as we expand our online lending capabilities," Palmer Proctor, Ameris Bancorp CEO.