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Marlin Names Kathleen McGurk as AVP of Sales for Alliance Development

MOUNT LAUREL, N.J., Aug. 24, 2015 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ:MRLN), a national, leading provider of commercial lending products and services, today announced that it has hired Kathleen McGurk as Assistant Vice President of Alliance Development.

In her new role, McGurk will lead Marlin's business development efforts in creating strategic alliances with banks and other partners who focus on the needs of small businesses. The alliances will center on expanding and leveraging Marlin's lease and working capital loan offerings, which utilize simple web based tools and Marlin's customer-centric servicing capabilities. In addition, McGurk will also have responsibility for expanding and growing Marlin's Indirect Funding channel.

McGurk has had a successful, extensive career in financial services, and brings more than 25 years' experience in strategic planning, sales and new business development. Prior to joining Marlin, she was a Program Manager at De Lage Landen Financial Services, Inc., where she was responsible for developing, implementing and managing equipment finance programs with banks, wealth management firms and equipment vendors. McGurk's previous experience also includes Vice President of Broker Services and Vice President of Direct Lessee Marketing at Advanta Business Services.

"Kathy's strategic and sales leadership experience are an ideal fit for the critical role of fulfilling the requirements to expand both channels," said Mark Scardigli, Marlin's Vice President of Sales. "We're delighted to have her join the Marlin team and looking forward to her contributions."

About Marlin Business Services Corp.

Marlin Business Services Corp. is a nationwide provider of commercial lending solutions for small and mid-size businesses. Through its wholly-owned operating subsidiary, Marlin Business Bank, Marlin provides innovative commercial financing programs. Our equipment financing and loan products are offered directly to businesses, and through third party vendor programs, which includes manufacturers, distributors, independent dealers and brokers. Since its inception in 1997, Marlin has extended credit to over a quarter of a million business customers. Our mission is to offer convenient financing products while providing the highest level of personalized customer service. Marlin is publicly traded (NASDAQ:MRLN). For more information about Marlin, 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.

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