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A "One Stop Shop" for Small Businesses

MOUNT LAUREL, N.J., Oct. 6, 2015 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ:MRLN) today announced a new partnership with The Hartford, a leading property and casualty insurance carrier, to offer small businesses a broad range of commercial insurance products and coverages to protect their businesses and employees.

This partnership with The Hartford marks the latest step by Marlin to offer a "one stop shop" to meet the financial needs of small business owners. Marlin offers extend to providing innovative business equipment financing programs, access to working capital and insurance solutions at a time of growing demand from the nation's 28 million small businesses.

"We are excited to offer business insurance options for our small and mid-size business clients," said Daniel P. Dyer, Marlin's co-founder and Chief Executive Officer. "Teaming with The Hartford, a leader in property and casualty insurance, will help connect our customers to the expertise they deserve and a leader that understands the industry."

Research shows that small business owners view the insurance experience as a balancing act between purchasing coverage that's just right – i.e., not too much, not too little – but at a price they can afford. The partnership with The Hartford enables Marlin to refer commercial customers to an insurer that can provide the right amount of coverage to help address unique small business needs.

The advantages to small business clients include:

  • Insurance coverages, including Workers' Compensation (dependent upon state), Business Owner's Policy (business property and business liability coverage) and Business Auto insurance.
  • Flexible coverage & service options with cost effective packages which can be tailored for specific small business needs.
  • Experience that comes from insuring more than 1 million small business customers and protecting small businesses for more than 200 years.

"We are proud to partner with Marlin, a leading provider of lending solutions for small and mid-size businesses," said Kevin Sanborn VP, Small Business Alliance Center at The Hartford. "As an insurance carrier, we believe in the importance of protecting small business owners from the unexpected so that they can stay up and running. Our partnership with Marlin will help ensure small business owners have the right resources and protection in place to succeed."

About Marlin Business Services

Marlin Business Services Corp. is a nationwide provider of commercial lending solutions for small and mid-sized 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. For more information about Funding Stream, visit www.fundingstream.com.

About The Hartford

With more than 200 years of expertise, The Hartford (HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at www.thehartford.com. Join us on Facebook at www.facebook.com/TheHartford. Follow us on Twitter at www.twitter.com/TheHartford.

All Hartford insurance products and services are sold directly by The Hartford. Marlin is not a licensed insurance producer or agent of The Hartford. Marlin receives compensation from The Hartford for Marlin's endorsement and promotion of the insurance products and services offered by The Hartford.

The Hartford® is The Hartford Financial Services Group, Inc. and its subsidiaries, including issuing companies, Hartford Fire insurance Company, Hartford Life Insurance Company and Hartford Life and Accident Insurance Company. Its headquarters is in Hartford, CT. Coverage is underwritten by Hartford Fire Insurance Co. and its property and casualty insurance affiliates. In TX, this insurance is written by Sentinel Insurance Company, Ltd., Hartford Accident and Indemnity Company, Hartford Fire Insurance Company, Hartford Insurance Company of the Midwest, Trumbull Insurance Company and Twin City Fire Insurance Company. In WA, this insurance is written by Hartford Accident and Indemnity Company and Sentinel Insurance Company, Ltd. In CA, this insurance is written by Sentinel Insurance Company, Ltd. (CA lic. #8701) and its property and casualty affiliates, One Hartford Plaza, Hartford, CT 06155.

CONTACT: Nekeidra Taylor ntaylor@thewilbertgroup.com 404-748-1368Source:Marlin Business Services Corp.