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Marlin Launches New Transportation Finance Unit

MOUNT LAUREL, N.J., Nov. 11, 2015 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ:MRLN), a leading, national provider of commercial lending products and services, announced today that it has expanded its vendor financing programs with the launch of a new transportation finance channel. The new unit will provide financing to manufacturers and dealers of commercial trucks, trailers and specialty vehicles.

Marlin's products and services will assist manufacturers and dealers in selling more vehicles through customized financing solutions to meet the unique needs of their customers.

Marlin has named Roger Beil Assistant Vice President of Sales, Transportation Finance. He will lead the new unit's overall business development and strategic account management and be responsible for building a team of business development professionals and a support staff to service dealers and manufacturers throughout the United States.

Beil brings nearly two decades of experience in the commercial finance industry to this leadership role. Prior to joining Marlin, Beil has held several positions focused on the transportation segment, including positions at Hitachi Capital America Corporation, CitiCapital Commercial Corporation, CIT Group and TCF Equipment Financing.

"Roger's extensive experience in transportation finance makes him the ideal choice to lead Marlin's new titled vehicle dealer finance program," said Ed Siciliano, Marlin's Interim CEO and Chief Sales Officer. "We're delighted to have him join the Marlin team and to leverage our service-oriented platform to provide a fast and convenient financing experience to new dealers and their customers."

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 two hundred seventy-five thousand 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.