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
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
