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

According to an 8-K filing, Marlin Business Services CEO Jeffrey Hilzinger and other executive officers agreed to reduce their base salaries by 25% and 15%, respectively. Marlin has also furloughed 120 employees but will continue to provide their health insurance. read more

APR 10, 2020 - 6:50 am

Marlin Business Services terminated its Capital Maintenance and Liquidity Agreement with the Federal Deposit Insurance Corporation. read more

APR 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

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 Business Services named Michael R. Bogansky senior vice president and chief financial officer effective February 1, 2019. read more

JAN 3, 2019 - 7:00 am

Bank holding company Marlin Business Services acquired Fleet Financing Resources, a specialty lender with a foundation in transportation equipment financing. read more

SEP 20, 2018 - 7:20 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 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

Jeffrey Hilzinger and Taylor Kamp of Marlin Business Services will participate in the LD Micro Invitational Conference held June 4-6 in Los Angeles. read more

MAY 25, 2018 - 6:40 am

The Alta Group’s Bruce Kropschot and James Jackson examine the M&A market for independent equipment finance companies. Although another good year is expected, several factors could affect the market, including rising interest rates, stock market trends, tax reform legislation and accounting rule changes.... read more

March/April 2018

Marlin Business Services reported Q1/18 adjusted net income was $6.2 million, up 44% from $4.3 million a year-ago. Total managed assets, up 19.4%, surpassed the $1 billion milestone. read more

MAY 4, 2018 - 7:21 am

Marlin Business Services entered into a forward flow sale agreement with Varadero Capital, an alternative asset management firm, to sell up to $300 million in equipment leases and loans to be originated by Marlin. read more

APR 2, 2018 - 7:46 am