JVCKENWOOD and Marlin Business Services Corp. Launch New Financing Program

MOUNT LAUREL, N.J., Aug. 29, 2016 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ:MRLN), a leader in the commercial equipment financing industry, and JVCKENWOOD USA Corp., the U.S. affiliate of a multinational electronics company, announced they have entered an agreement for Marlin to support JVCKENWOOD’s dealership network with financing options for their customers. Marlin’s financing options will be made available through JVCKENWOOD USA Corporation and accessible via its online Dealer Tools portal.

The new strategic alliance will enable customers to acquire JVCKENWOOD’s entertainment, communications, security and other electronics products with Marlin’s fast, convenient approval process. Customers will also benefit from Marlin’s extensive vendor finance and technology industry experience.

“JVCKENWOOD is pleased to expand our relationship with Marlin Business Services Corp. Their flexible programs and customer service is an important component of our growth strategy," said John North, Vice President of Sales, Enterprise Systems Division, JVCKENWOOD USA Corporation.

“We are pleased to put Marlin’s extensive vendor finance program experience to work for JVCKENWOOD’s direct and channel networks,” said William Miller, Vice President of Sales, National Accounts, Marlin Business Services Corp. “We look forward to supporting JVCKENWOOD’s sales efforts with our efficient, creative and competitive financing solutions along with our diversified technology industry expertise.”

About JVCKENWOOD USA Corporation
JVCKENWOOD Corp. manufactures analog and digital two-way radios, including P25 compliant and NEXEDGE® radios that use the NXDN® protocol. Kenwood provides complete turnkey system solutions for the utility, public safety, government, education, healthcare, and business and industrial markets. For detailed information, visit us at www.kenwood.com/usa or call JVCKENWOOD USA at 1-800-950-5005.

About Marlin Business Services Corp.
Marlin Business Services Corp. is a nationwide provider of commercial lending solutions for businesses of any size. 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. 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.