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Marlin Business Services Corp. Launches Franchise Finance Group

MOUNT LAUREL, N.J., Oct. 14, 2014 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN), a leader in the commercial equipment financing industry, today announced the launch of its Franchise Finance Group with the hiring of Joshua A. Rouswell as Director of Franchise Financing and Joseph G. Haynes as Franchise Financing Manager. Mr. Rouswell and Mr. Hayes will be responsible for the further expansion of Marlin's franchise business segment.

Mr. Rouswell's financial services experience spans sales, lending and portfolio management, in addition to his focus in franchise financing. In his most recent position as Vice President of Franchise Lending at U.S. Bank, he was integral to the development and growth of the bank's McDonald's Lending Program. Mr. Haynes' experience in sales and franchise lending includes his previous positions in commercial lending and as a national franchise banker for Wells Fargo Commercial Finance.

"The addition of Josh and Joe to our team will enable us to better support the needs of our franchisors and their franchisee networks," said Ed Siciliano, Marlin's Executive Vice President and Chief Sales Officer. "They both bring a wealth of experience that aligns well with our strategy to further penetrate the franchise business market."

Marlin's program includes customized financing packages that make it fast and convenient to obtain financing for new equipment, technology and fixtures.

Marlin has supported the franchise industry since the company's inception, and its customers include over 500 different franchise brands in several focused vertical concepts within the franchise market.

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 www.marlincorp.com or call toll free at (888) 479-9111.

CONTACT: Marlin Business Services Corp. Media Relations mediarelations@marlincorp.com

Source:Marlin Business Services Corp.