While the COVID-19 pandemic has caused many equipment finance companies to drastically reduce their operations and service levels, NewLane Finance, a subsidiary of WSFS Bank, continues to operate at full scale and remains focused on providing...
Read Story
April 23, 2020, 07:01 AM
|
NewLane Finance is the new name following the combination of Neumann Finance and Beneficial Equipment Finance Corporation (BEFC). NewLane Finance will be backed by WSFS Bank, a financial institution with approximately $13 billion in assets and the...
Read Story
April 11, 2019, 07:30 AM
|
Neumann Finance Company, a newly established nationwide commercial equipment financing company, and a subsidiary of Beneficial Bank, has launched its origination platform and commenced business operations. “It is an exciting time here at Neumann...
Read Story
August 22, 2018, 07:20 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
|
Neumann Finance Company, a newly established nationwide commercial equipment financing company powered by Beneficial Bank, announced the addition of two highly accomplished industry veterans to its leadership team. Ron Queen joins Neumann Finance...
Read Story
January 31, 2018, 07:20 AM
|
Beneficial Bank announced the formation of Neumann Finance – a new equipment leasing firm within Beneficial Bank, named after the bank’s pioneering founder, John Neumann. The new strategic partnership will focus on providing financing products and...
Read Story
November 15, 2017, 07:30 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 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
|
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their...
Read Story
July 24, 2015, 07:22 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 announced the resignation of Lynne C. Wilson from her position as Senior Vice President and Chief Financial Officer of the Company. Ms. Wilson, who began her Marlin career in 2006, commented, "I have enjoyed my time with...
Read Story
May 01, 2015, 06:56 AM
|
Marlin Business Services announced that it has hired Russell L. Walraven as Vice President of Direct Loan Marketing. Walraven will have direct responsibility and oversight for the multi-channel marketing program of Funding Stream, Marlin's new...
Read Story
April 28, 2015, 07:00 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. 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 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. 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 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
|
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 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
|
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for July was $6.6 billion, up 15.8...
Read Story
August 23, 2012, 08:08 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. 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
|