Funds managed by affiliates of HPS Investment Partners completed the acquisition of Marlin Business Services for $23.50 per share in an all-cash transaction, effective Jan. 20. read more
JAN 21, 2022 - 6:36 am
Marlin Business Services entered into a definitive agreement in which HPS Investment Partners will, through its European Asset Value Funds, acquire all of Marlin’s outstanding shares of common stock in an all-cash transaction for $23.50 per share. read more
APR 20, 2021 - 6:22 am
Marlin Business Services reported Q3/20 net income of $2.7 million compared with net loss of $5.9 million in the prior quarter and net income of $7.4 million in Q3/19. Marlin also reported a 66% year-over-year decrease in total sourced origination volume in the quarter. read more
OCT 30, 2020 - 8:20 am
Marlin Business Services reported a Q2/20 net loss of $5.9 million, an improvement from its Q1/20 net loss of $11.8 million, and $67.2 million in new business volume, down 71% year over year. read more
JUL 31, 2020 - 6:54 am
Marlin reported net loss of $11.8 million, compared with net income of $5.1 million a year ago. Total sourced origination volume of $157.4 million was down 24.5% year-over-year. read more
MAY 1, 2020 - 6:55 am
Marlin Business Services reported full-year results, achieving record origination volume and increases in net income. read more
JAN 31, 2020 - 7:00 am
Capital solutions provider Marlin reported third quarter 2019 net income of $7.4 million compared with $6.1 million in the prior quarter and $5.9 million a year ago. read more
NOV 4, 2019 - 6:20 am
Marlin Capital Solutions reported second quarter 2019 net income of $6.1 million compared with $6.5 million a year ago. read more
AUG 5, 2019 - 6:40 am
Marlin Capital Solutions reported first quarter 2019 net income of $5.1 million, or $0.41 per diluted share, compared with net income of $6.2 million, or $0.50 per share a year ago. read more
MAY 6, 2019 - 6:55 am
Lending products and services provider Marlin launched its new brand, Marlin Capital Solutions, to better reflect the breadth of services it offers to small businesses and equipment finance partners. read more
FEB 7, 2019 - 7:15 am
Marlin Business Services reported fourth quarter 2018 net income of $6.4 million compared with net income of $15.9 million from Q4/2017. Fourth quarter net income on an adjusted basis was $6.4 million, compared with $5.9 million a year ago. read more
FEB 1, 2019 - 7:05 am
Marlin reported Q3/18 net income of $5.9 million, up 78.8% from net income of $3.3 million a year ago. Excluding referral volume, Q3/18 originations were $173.1 million, up 17% from $117.9 million in the year ago quarter. read more
NOV 2, 2018 - 7:00 am
W. Taylor Kamp left his position as senior vice president and chief financial officer at Marlin Business Services. He will remain with Marlin as a consultant through the end of this year to assist in the transition. read more
SEP 5, 2018 - 7:15 am
Marlin reported Q2/18 net income of $6.5 million, up 41.3% from net income of $4.6 million a year earlier. Excluding referral volume, total originations of $172.2 million was up 11% from $155.5 million in Q2/17. read more
AUG 3, 2018 - 7:00 am
Marlin completed a $201.7 million asset-backed notes term securitization by Marlin Leasing, a wholly owned subsidiary of Marlin Business Services. This transaction was Marlin's 11th term securitization and its first since 2010. read more
JUL 31, 2018 - 7:00 am