Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses, announced the completion of its acquisition by funds managed by affiliates of HPS Investment Partners LLC (HPS) effective Jan. 20, for $23.50 per share in...
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January 21, 2022, 07:22 AM
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Marlin Business Services Corp. reported third quarter 2021 net income of $5.5 million compared with net income of $10.3 million in the prior quarter, and net income of $2.7 million a year ago.Commenting on the third-quarter results, Jeffrey A....
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October 29, 2021, 07:24 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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September 24, 2021, 07:20 AM
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Marlin Business Services Corp. reported second-quarter net income of $10.3 million compared with net income of $6.9 million in the prior quarter, and a net loss of $5.9 million a year ago.Jeffrey A. Hilzinger, Marlin’s President and CEO, said, “Our...
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July 30, 2021, 07:19 AM
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Marlin Business Services Corp. reported its first quarter 2021 net income of $6.9 million compared with net income of $15.3 million in the prior quarter, and a net loss of $11.8 million a year ago.Commenting on the company’s results, Jeffrey A....
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April 30, 2021, 07:25 AM
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Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses announced it has entered into a definitive agreement in which HPS Investment Partners LLC will, through its European Asset Value Funds, acquire all of...
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April 20, 2021, 07:25 AM
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Marlin Business Services Corp. reported fourth quarter 2020 net income of $15.3 million compared with net income of $2.7 million in the prior quarter, and net income of $8.4 million in the fourth quarter a year ago.Jeffrey A. Hilzinger, Marlin’s...
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January 29, 2021, 07:20 AM
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Marlin Business Services reported a second quarter 2020 net loss of $5.9 million, compared with net loss of $11.8 million in the prior quarter, and net income of $6.1 million a year ago.Commenting on the Company’s results, Jeffrey A. Hilzinger...
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July 31, 2020, 07:25 AM
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Marlin Business Services Corp. reported a first quarter 2020 net loss of $11.8 million compared with net income of $8.4 million in the prior quarter and $5.1 million a year ago.Selected highlights:
Net loss of $11.8 million compared with net...
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May 01, 2020, 07:25 AM
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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...
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November 01, 2019, 07:20 AM
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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...
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August 02, 2019, 07:30 AM
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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...
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February 08, 2019, 07:20 AM
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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...
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February 01, 2019, 07:22 AM
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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...
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January 03, 2019, 07:30 AM
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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...
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November 02, 2018, 07:25 AM
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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...
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September 20, 2018, 07:30 AM
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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...
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September 05, 2018, 07:25 AM
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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...
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August 03, 2018, 07:17 AM
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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...
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May 04, 2018, 07:15 AM
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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...
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April 02, 2018, 07:30 AM
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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...
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February 02, 2018, 07:19 AM
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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...
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October 27, 2017, 07:20 AM
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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...
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October 16, 2017, 07:20 AM
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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....
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September 06, 2017, 07:18 AM
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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...
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July 28, 2017, 07:15 AM
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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...
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July 12, 2017, 07:08 AM
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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...
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May 31, 2017, 06:12 AM
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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...
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April 28, 2017, 07:15 AM
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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...
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January 27, 2017, 07:17 AM
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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...
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January 10, 2017, 07:20 AM
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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...
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July 29, 2016, 07:10 AM
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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...
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May 06, 2016, 07:28 AM
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