Marlin Business Bank Names George F. Coburn as Vice President and Chief Lending Officer

MOUNT LAUREL, N.J., May 22, 2014 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN), a leader in the commercial equipment financing industry, today announced the hiring of George F. Coburn as Vice President and Chief Lending Officer of Marlin Business Bank, a wholly owned subsidiary. Mr. Coburn will be based at the bank's headquarters in Utah, reporting directly to Raymond J. Dardano, President of Marlin Business Bank.

Coburn's responsibilities will include portfolio management of the commercial loans and leases underwritten by the bank, and further expanding Marlin's credit underwriting services and capabilities.

Coburn has had a successful and extensive career in banking in which he has held various senior level positions, including group vice president and operations officer of unsecured lending, executive vice president and chief credit officer, and president and chief executive officer. He began his career with the Federal Reserve Bank of San Francisco as a commercial bank examiner. His most recent position was with UBS Bank USA as executive director, chief administrative officer and chief technology officer.

"We are delighted to have George on board at Marlin Business Bank," said Raymond Dardano. "The depth of his industry experience and lending expertise will be a great asset in supporting our efforts to grow our customer base and offer enhanced credit services."

About Marlin Business Services Corp.

Marlin Business Services Corp. is a nationwide provider of innovative equipment financing solutions for small and mid-size businesses. Since its inception in 1997, Marlin has financed a wide array of commercial equipment and software for over a quarter of a million business customers. Marlin's mission is to offer convenient and cost-effective financing products while providing the highest level of customer service. Marlin is publicly traded (Nasdaq:MRLN) and owns and operates a federally regulated commercial bank, Marlin Business Bank. For more information, visit or call toll free at (888) 479-9111.

CONTACT: Marlin Business Services Corp. Media Relations

Source:Marlin Business Services Corp.