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News Stories (92 Results) - Marlin Business Services

Marlin reported third quarter 2019 net income of $7.4 million, compared with $5.9 million a year ago. Third quarter 2019 net income on an adjusted basis was $7.4 million, compared with $6.4 million a year ago.Commenting on the company’s results... Read Story
November 01, 2019, 07:20 AM


Marlin reported second-quarter 2019 net income of $6.1 million compared with $5.1 million in the prior quarter, and $6.5 million a year ago. Second-quarter 2019 net income on an adjusted basis was $6.3 million compared with $6.5 million a year... Read Story
August 02, 2019, 07:30 AM


Marlin announced the launch of its new brand, Marlin Capital Solutions, to better reflect the breadth of services it offers to small businesses and equipment finance partners.For over 20 years, Marlin has provided equipment financing to small... Read Story
February 08, 2019, 07:20 AM


Marlin Business Services Corp. reported fourth-quarter 2018 net income of $6.4 million compared with net income of $15.9 million. Fourth-quarter net income on an adjusted basis was $6.4 million compared with $5.9 million a year ago.For the year ended... Read Story
February 01, 2019, 07:22 AM


CAN Capital Inc., a technology-driven small business specialty finance company, announced the appointment of Edward J. Siciliano as Chief Executive Officer. Siciliano brings over 30 years of experience in commercial financing, sales, marketing and... Read Story
January 09, 2019, 07:30 AM


Marlin Business Services Corp. announced it has named Michael R. Bogansky as Senior Vice President and Chief Financial Officer effective Feb. 1.Bogansky will have responsibility for managing all of Marlin’s accounting, financial reporting and... Read Story
January 03, 2019, 07:30 AM


Marlin Business Services Corp. reported third-quarter 2018 net income of $5.9 million, up 79 percent from net income of $3.3 million a year ago. Third-quarter net income on an adjusted basis was $6.4 million compared with $3.9 million a year ago—a... Read Story
November 02, 2018, 07:25 AM


Marlin Business Services Corp. announced it has acquired Fleet Financing Resources, LLC (FFR), a provider of equipment finance credit products focused on the commercial vehicle market.Exact terms of the transaction were not disclosed but Marlin... Read Story
September 20, 2018, 07:30 AM


Marlin Business Services Corp. announced W. Taylor Kamp has left his position as Senior Vice President and Chief Financial Officer, effective Tuesday. Kamp will remain with Marlin as a consultant through the end of this year to assist in the... Read Story
September 05, 2018, 07:25 AM


Marlin Business Services Corp. reported second quarter 2018 net income of $6.5 million, up from net income of $4.6 million a year ago. Second quarter net income on an adjusted basis was $6.5 million compared with $4.8 million.“Marlin delivered... Read Story
August 03, 2018, 07:17 AM


Marlin Business Services announced the completion of a $201.7 million asset-backed notes term securitization by Marlin Leasing Corporation, a wholly owned subsidiary of Marlin Business Services Corp. This transaction was Marlin's 11th term... Read Story
July 31, 2018, 07:30 AM


Welbilt, Inc., a global provider of commercial foodservice equipment, announced it has launched the Welbilt Kitchen Leasing Program at the 2018 National Restaurant Association show in Chicago. This first-of-its-kind program is designed to provide all... Read Story
June 29, 2018, 07:30 AM


Marlin Business Services Corp. reported first quarter 2018 net income of $6.2 million, compared with net income of $1.5 million a year ago. First quarter net income on an adjusted basis was $6.2 million compared with $4.3 million a year ago.“Marlin... Read Story
May 04, 2018, 07:15 AM


Neumann Finance Company announced the addition of three industry veterans to its management leadership team.Joe Finelli has joined Neumann Finance as Vice President of Vendor Sales, responsible for the development of the sales organization and vendor... Read Story
April 19, 2018, 07:30 AM


Marlin Business Services Corp. announced it has entered into a forward flow sale agreement with Varadero Capital, L.P., a leading alternative asset management firm, to sell up to $300 million in equipment leases and loans to be originated by... Read Story
April 02, 2018, 07:30 AM


Marlin Business Services Corp. and Kaeser Compressors announced a partnership to provide financing options for Kaeser Compressor North American customers. Marlin’s financing options will be available through its authorized distributor channel and... Read Story
March 02, 2018, 07:25 AM


Marlin Business Services reported fourth quarter 2017 net income of $15.9 million compared to net income of $4.8 million for the fourth quarter last year. Fourth quarter 2017 earnings included an impact of a net tax benefit resulting from the Tax... Read Story
February 02, 2018, 07:19 AM


Marlin Business Services and Avery Weigh-Tronix, a leading global provider of high quality industrial products and weighing systems, announced a partnership to provide financing options for Avery Weigh-Tronix North American customers. Marlin’s... Read Story
January 17, 2018, 07:10 AM


Marlin Business Services announced that as a result of the Tax Cuts and Jobs Act of 2017 enacted December 22, 2017, it will be required to revalue its deferred tax assets and deferred tax liabilities to account for the future impact of lower... Read Story
January 08, 2018, 07:15 AM


Marlin Business Services reported third quarter 2017 net income of $3.3 million, or $0.26 per diluted share, compared to net income of $4.3 million, or $0.35 per diluted share, for the third quarter last year. Third quarter 2017 earnings included an... Read Story
October 27, 2017, 07:20 AM


Marlin Business Services announced that effective October 13, 2017, Edward Siciliano, Executive Vice President & Chief Operating Officer, has stepped down from his role and will be leaving the company to pursue personal interests. Mr. Siciliano’s... Read Story
October 16, 2017, 07:20 AM


Marlin Business Services announced that it has named Aswin Rajappa as Senior Vice President and Chief Marketing Officer.In his new role, Rajappa will have responsibility for managing all of Marlin’s marketing activities across all of its businesses.... Read Story
September 06, 2017, 07:18 AM


Marlin Business Services Corp. reported second quarter 2017 net income of $4.6 million. Before charges related to the aforementioned regulatory matter, second quarter 2017 net income was $4.8 million compared to $4.5 million for the second quarter... Read Story
July 28, 2017, 07:15 AM


Marlin Business Services announced that it has named Laura C. Anger as Senior Vice President and Chief Human Resources Officer.In her new role as Marlin’s Chief Human Resources Officer, Ms. Anger will have responsibility for managing Marlin’s human... Read Story
July 12, 2017, 07:08 AM


Marlin Business Services Corp. announced that its Board of Directors has authorized a stock repurchase program of up to $10 million of its outstanding shares of common stock, replacing the stock repurchase program announced in July 2014. The manner... Read Story
May 31, 2017, 06:12 AM


Marlin Business Services and Aptean, a leading global provider of mission critical enterprise software solutions, announced they have entered an agreement for Marlin to support Aptean’s North American operations with financing options for its... Read Story
May 16, 2017, 07:09 AM


Marlin Business Services announced that it has promoted Daniel Castellini to Senior Vice President.In his new role, Castellini will have responsibility for companywide product management. Castellini will lead and coordinate efforts around the... Read Story
May 09, 2017, 07:10 AM


Marlin Business Services reported first quarter 2017 net income of $1.5 million. Before charges related to a reserve for restitution in connection with certain payment processing practices in effect prior to February 2016, first quarter 2017 net... Read Story
April 28, 2017, 07:15 AM


Marlin Business Services announced it has entered an agreement with NewTek, Inc., a change-agent in the video industry that is leading the shift to IP video workflows. Marlin will provide financing options for NewTek customers throughout the United... Read Story
April 20, 2017, 07:24 AM


Marlin Business Services announced that it has hired Timothy L. Bonagura, Michael K. Stanley and Matthew D. Manning, an experienced direct sales team that will focus exclusively on offering Marlin’s full suite of credit products and services directly... Read Story
April 13, 2017, 07:24 AM


Integrated Supply Network (ISN), one of the largest tool and equipment specialists serving wholesalers and distributors throughout North America, has partnered with Marlin Business Services Corp. to offer customers affordable, easy to access... Read Story
March 13, 2017, 07:05 AM


Marlin Business Services announced that it has promoted Kathleen M. McGurk to Vice President, Indirect Funding Platform (IFP) and Alliance Development.McGurk will assume responsibility for the recently acquired Horizon Keystone Financial Group, an... Read Story
February 23, 2017, 07:15 AM


Marlin Business Services reported fourth quarter 2016 net income of $4.8 million compared to $3.0 million for the fourth quarter last year. Return on equity for the quarter was 12.06%, up from 7.96% a year ago.For the year ended December 31, 2016... Read Story
January 27, 2017, 07:17 AM


Marlin Business Services Corp. has named Louis E. Maslowe as Senior Vice President and Chief Credit Officer.In his new role as Marlin’s Chief Credit Officer, Maslowe will have responsibility for managing all of Marlin’s underwriting practices... Read Story
January 10, 2017, 07:20 AM


Marlin Business Services Corp. announced that it has acquired Horizon Keystone Financial, a long established originator of equipment finance credit products focused in the office furniture, heating/ventilation/air conditioning/refrigeration (HVAC/R)... Read Story
January 04, 2017, 07:30 AM


Marlin Business Services announced that employees at the company’s headquarters and satellite locations donated hundreds of toys to benefit the U.S. Marine Corps Reserve Toys For Tots Program. Marlin has participated in the program for more than a... Read Story
December 20, 2016, 06:54 AM


Marlin Business Services Corp. announced that it has promoted Karen Shields to Vice President and Deputy General Counsel.“Karen has been a huge contributor to Marlin’s success for a long time, and she embodies so many of the wonderful traits of our... Read Story
November 16, 2016, 06:00 AM


Employees at Marlin Business Services Corp.’s headquarters in Mt. Laurel, NJ donated over three and a half tons of food during a month-long food drive challenge benefitting the Food Bank of South Jersey.  The majority of the 250 employees at Marlin’s... Read Story
November 09, 2016, 07:05 AM


Marlin Business Services Corp. announced that it has appointed Richard Irwin as Corporate Treasurer.In his new role as Treasurer, Irwin will have responsibility for managing the company’s liquidity, setting the annual financial plan, analyzing the... Read Story
November 01, 2016, 07:00 AM


Marlin Business Services Corp. reported third quarter 2016 net income of $4.3 million compared to $4.8 million for the third quarter last year. Included in Marlin’s third quarter 2016 net income are income tax charges of $0.1 million relating to a... Read Story
October 28, 2016, 07:10 AM


Marlin Business Services Corp. announced it has entered an agreement with Leica Camera, Inc. to support its direct and channel network with financing options for their commercial customers to purchase professional camera solutions. Marlin’s financing... Read Story
October 18, 2016, 07:08 AM


Marlin Business Services Corp. and JVCKENWOOD USA Corp., the U.S. affiliate of a multinational electronics company, announced they have entered an agreement for Marlin to support JVCKENWOOD’s dealership network with financing options for their... Read Story
August 29, 2016, 07:15 AM


Marlin Business Services Corp. reported second quarter 2016 net income of $4.5 million compared to $4.1 million for the second quarter last year.  Return on equity for the quarter was 11.66%, up from 9.47% a year ago.“I am very pleased with Marlin’s... Read Story
July 29, 2016, 07:10 AM


Marlin Business Services Corp. announced it has entered an agreement with Rush Enterprises to support its dealership network with financing options for their customers to purchase new and used commercial trucks. Marlin dedicated field representatives... Read Story
July 13, 2016, 07:25 AM


Marlin Business Services Corp. announced that Edward J. Siciliano has been promoted to Chief Operating Officer, effective immediately.Siciliano has been Marlin’s Chief Sales Officer since 2007 and served as Interim Chief Executive Officer from... Read Story
July 07, 2016, 07:20 AM


Marlin Business Services Corp. announced that Dave Herring has been named Vice President of Sales of its Transportation Finance Group. Also joining the group is Jack Dison as Sr. Business Development Manager and David Fritzshall as Sr. Business... Read Story
June 28, 2016, 07:15 AM


Marlin Business Services Corp. announced that its Board of Directors has appointed commercial lending and equipment leasing industry veteran Jeffrey A. Hilzinger as Chief Executive Officer, effective June 1, 2016.Hilzinger previously was President of... Read Story
May 06, 2016, 07:28 AM


Marlin Business Services reported first quarter 2016 net income of $3.7 million compared to $4.1 million for first quarter 2015.  Return on equity for the quarter was 9.74%, up from 9.33% a year ago.Edward Siciliano, Interim CEO and Chief Sales... Read Story
April 29, 2016, 07:19 AM


Marlin Business Services Corp. reported fourth quarter 2015 net income of $3.0 million compared to $4.9 million for fourth quarter 2014.  Before one-time costs relating to the retirement of the CEO, fourth quarter 2015 net income was $4.9 million.For... Read Story
February 02, 2016, 07:10 AM


Marlin Business Services Corp. announced today that it has expanded its vendor financing programs with the launch of a new transportation finance channel. The new unit will provide financing to manufacturers and dealers of commercial trucks, trailers... Read Story
November 11, 2015, 07:14 AM


Marlin Business Services Corp. reported third quarter 2015 net income of $4.8 million, or $0.38 per diluted share, compared to $4.9 million and $0.38 per share for third quarter 2014."We are pleased with our results across the board in the third... Read Story
November 03, 2015, 07:09 AM


Marlin Business Services Corp.  announced the retirement of Daniel P. Dyer from his position as Chief Executive Officer and director of the Company effective today. The Company also announced that Edward J. Siciliano, Marlin's Executive Vice... Read Story
October 21, 2015, 07:16 AM


Marlin Business Services announced a new partnership with The Hartford, a leading property and casualty insurance carrier, to offer small businesses a broad range of commercial insurance products and coverages to protect their businesses and... Read Story
October 07, 2015, 07:01 AM


Marlin Business Services announced that it has hired Kathleen McGurk as Assistant Vice President of Alliance Development.In her new role, McGurk will lead Marlin's business development efforts in creating strategic alliances with banks and other... Read Story
August 24, 2015, 07:18 AM


Marlin Business Services Corp. announced the hiring of W. Taylor Kamp as Senior Vice President and Chief Financial Officer. Mr. Kamp brings more than 25 years of experience to Marlin, including extensive financial and corporate development experience... Read Story
August 05, 2015, 07:15 AM


Marlin Business Bank today unveiled FundingStream.com, a website that allows small business owners to apply online for loans of up to $100,000 in a matter of minutes, using an intuitive and simple web-based loan application portal.The launch of... Read Story
July 29, 2015, 07:14 AM


Marlin Business Services announced the availability of Marlin eLink, a new technology solution that gives commercial equipment vendors the ability to integrate financing options directly into their ecommerce sales platform.Marlin eLink is a web... Read Story
May 15, 2015, 07:00 AM


Marlin Business Services reported first quarter 2015 net income of $4.1 million compared to $4.6 million for first quarter 2014."Origination activity for the quarter is higher year over year on stronger dealer demand," said Daniel P. Dyer, Co-founder... Read Story
May 01, 2015, 07:15 AM


Marlin Business Services Corp. reported fourth quarter 2014 net income of $4.9 million compared to $3.4 million  for fourth quarter 2013.For the year ended December 31, 2014, net income is $19.4 million compared to $16.2 million for the year ended... Read Story
February 05, 2015, 07:00 AM


Marlin Business Services announced that it has hired Greg Sting as Vice President of Portfolio Management. He will be based at the company's headquarters in Mt. Laurel, New Jersey.Sting will have direct responsibility and oversight of the collections... Read Story
January 29, 2015, 07:15 AM


Marlin Business Services Corp. announced that the company’s Community Enrichment Guild (CEG) has started its annual Toys for Tots collection at Marlin’s Mount Laurel headquarters. Marlin has participated in the program for more than a decade. New... Read Story
December 02, 2014, 06:36 AM


Marlin Business Services Corp. reported third quarter 2014 net income of $4.9 million compared to $4.7 million for third quarter 2013."We reported a solid earnings quarter," said Daniel P. Dyer, Co-Founder and Chief Executive Officer. "Our... Read Story
October 31, 2014, 06:56 AM


Marlin Business Services Corp. announced the launch of its Franchise Finance Group with the hiring of Joshua A. Rouswell as Director of Franchise Financing and Joseph G. Haynes as Franchise Financing Manager. Mr. Rouswell and Mr. Hayes will be... Read Story
October 14, 2014, 07:05 AM


Marlin Business Services reported second quarter 2014 net income of $4.9 million compared to $4.5 million for second quarter 2013."New asset originations were up 20% this quarter," said Daniel P. Dyer, Co-Founder and Chief Executive Officer. "Our... Read Story
July 30, 2014, 07:00 AM


Marlin Business Services Corp. announced the hiring of George F. Coburn as Vice President and Chief Lending Officer of Marlin Business Bank, a wholly owned subsidiary. Mr. Coburn will be based at the bank's headquarters in Utah, reporting directly to... Read Story
May 22, 2014, 07:00 AM


Marlin Business Services Corp. reported first quarter 2014 net income of $4.6 million compared to $3.7 million for first quarter 2013."Overall results were favorable with a strong earnings quarter," said Daniel P. Dyer, Co-Founder and Chief Executive... Read Story
May 01, 2014, 07:00 AM


Marlin Business Services announced the launch of My Marlin, a new leading-edge account management portal for its business customers.Marlin continues to build on its industry leadership position by developing new technology designed to streamline... Read Story
April 10, 2014, 06:47 AM


Marlin Business Services Corp., Union Bank, N.A., and Seika Machinery, Inc. (SMI), have formed a strategic alliance that will provide financing solutions for SMI's advanced machinery customers.The strategic alliance facilitated by Union Bank will... Read Story
March 24, 2014, 07:03 AM


Marlin Business Services Corp. and Hussmann, the refrigerated products and solutions provider, have formed a strategic alliance that will provide financing solutions for Hussmann’s food service and food retailer customers in the United States and... Read Story
March 13, 2014, 07:00 AM


Marlin Business Services Corp. today announced a significant milestone for the company with the receipt of its one millionth customer financing application.  The tally, kept since Marlin’s inception in 1997, represents approximately thirteen billion... Read Story
February 14, 2014, 07:04 AM


Marlin Business Services Corp. reported fourth quarter 2013 net income of $3.4 million, compared to $3.6 million, for fourth quarter 2012. Net income on an adjusted basis (excluding the impact from adjustments related to a one-time charge due to the... Read Story
February 06, 2014, 06:50 AM


New Alliance Will Enable Christie Customers to Acquire State-of-the-Art Projection Equipment  Marlin Business Services, Union Bank, N.A., and Christie have formed a strategic alliance to provide financing solutions for Christie's rental/staging... Read Story
January 30, 2014, 07:00 AM


Today at the National Retail Federation’s 103rd Annual Convention and Expo (NRF), Epson America, Inc., a leading supplier of value-added Point of Sale (POS) solutions, revealed a new financing program that provides hassle-free leasing solutions to... Read Story
January 13, 2014, 07:00 AM


Marlin Business Services Corp. announced the retirement of George D. Pelose from his position as Executive Vice President and Chief Operating Officer of the Company. Mr. Pelose, who began his Marlin career in 1999 as the Company's General Counsel... Read Story
November 07, 2013, 07:05 AM


Marlin Business Services Corp. reported third quarter 2013 net income of $4.7 million, or $0.36 per diluted share. Net income improved 37%, or $0.09 per diluted share over third quarter 2012. For the nine-month period ended September 30, 2013, net... Read Story
November 07, 2013, 06:56 AM


Marlin Business Services Corp. reported second quarter 2013 net income of $4.5 million. Net income improved 50% over second quarter 2012. For the six-month period ended June 30, 2013, net income was $8.1 million."Our performance results reflect upon... Read Story
July 31, 2013, 07:00 AM


Marlin Business Services Corp. and Union Bank, N.A., have formed a strategic alliance to provide financing solutions for Union Bank's customers throughout the United States.The new alliance helps Union Bank offer enhanced service to its business... Read Story
July 01, 2013, 07:06 AM


Marlin Business Services Corp. reported first quarter 2013 net income of $3.7 million, or $0.28 per diluted share. Net income improved 121% and diluted earnings per share improved 115% over first quarter 2012."Performance for the quarter was led by... Read Story
May 01, 2013, 07:16 AM


Marlin Business Services Corp reported fourth quarter 2012 net income of $3.6 million. Net income for the full year 2012 was $11.7 million. "There were many positive developments for our business in 2012," says Daniel P. Dyer, Marlin's co-founder and... Read Story
January 31, 2013, 07:27 AM


Marlin Business Services Corp. announced the formation of its Industrial Finance Group. To drive the new effort, Marlin has hired Rich Garwood as Vice President of the Industrial Finance Group. In his new role, Garwood will provide leadership and... Read Story
January 28, 2013, 07:30 AM


Marlin Business Services Corp. announced the promotion of Ed Siciliano to Executive Vice President, Chief Sales Officer."Since joining Marlin in 2007, Ed's been a valuable contributor to the management team helping lead the growth and development of... Read Story
November 15, 2012, 07:06 AM


Marlin Business Services Corp. announced it has been endorsed by Vision Imaging Partners, Inc. as an approved funding source for the organization's group of member dealers and vendor partners.Vision Imaging Partners is an organization comprised of... Read Story
November 13, 2012, 07:48 AM


Marlin Business Services reported third quarter 2012 net income of $3.4 million. Third quarter 2012 lease production was $81.6 million based on initial equipment cost, up from $80.4 million for the second quarter of 2012 and 37% higher than the third... Read Story
October 30, 2012, 11:05 AM


Marlin Business Services Corp. a leader in the commercial equipment financing industry is pleased to announce the addition of four financing veterans to Marlin's Healthcare Finance Group.Patricia Mascaro has joined Marlin as a Senior Business... Read Story
September 20, 2012, 07:00 AM


Marlin Business Services and Manitowoc Foodservice, division of The Manitowoc Company have formed a strategic alliance to provide financing solutions for Manitowoc's channel partners and equipment purchasers nationwide.Marlin has supported the... Read Story
August 16, 2012, 07:48 AM


Marlin Business Services Corp. reported second quarter 2012 net income of $3.0 million. For the six month period ended June 30, 2012, net income was $4.6 million."We're delighted with the solid profit momentum and strong operating fundamentals of our... Read Story
August 03, 2012, 07:55 AM


Marlin Business Services Corp. recently held its annual Customer Advisory Council meeting at its office in Mount Laurel, New Jersey. The meeting was attended by industry leaders in the office technology sector.The purpose of Marlin's annual Customer... Read Story
July 05, 2012, 07:15 AM


Marlin Business Services Corp., a leader in the commercial equipment financing industry, continues to add to its National Accounts Finance Group. We are pleased to announce that John Gundersen has joined the company in the role of Business... Read Story
June 21, 2012, 07:00 AM


Marlin Business Services Corp. reported first quarter 2012 net income of $1.6 million.“Results for the quarter demonstrate the solid performance track of our business,” says Daniel P. Dyer, Marlin’s co-founder and Chief Executive Officer. “Our... Read Story
May 01, 2012, 07:30 AM


Marlin Business Services Corp. reported fourth quarter 2011 net income of $2.1 million. Net income for the full-year 2011 was $6.2 million.“We’re pleased with the solid operating and financial fundamentals in place for all aspects of the business,”... Read Story
April 23, 2012, 05:30 AM


Marlin Business Services Corp. today reported fourth quarter 2011 net income of $2.1 million. Net income for the full-year 2011 was $6.2 million.“We’re pleased with the solid operating and financial fundamentals in place for all aspects of the... Read Story
February 24, 2012, 08:00 AM


Nilfisk-Advance, one of the world’s leading manufacturers of professional floor cleaning equipment, today announces that it has formed a strategic alliance with Marlin Business Services Corp., an industry leader in providing equipment and software... Read Story
February 13, 2012, 07:30 AM