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Marlin Names Louis E. Maslowe as Chief Credit Officer

MOUNT LAUREL, N.J., Jan. 10, 2017 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ:MRLN), a leading provider of credit products and services to small businesses, today announced that it has named Louis E. Maslowe as Senior Vice President and Chief Credit Officer.

In his new role as Marlin’s Chief Credit Officer, Maslowe will have responsibility for managing all of Marlin’s underwriting practices, policies, procedures, risk appetite and overall credit risk management across all of Marlin’s businesses. Maslowe will report to Jeffrey Hilzinger, Marlin’s President and CEO.

Maslowe has an extensive background in commercial finance with over 30 years of credit experience. Prior to joining Marlin, he was Senior Vice President and Chief Risk Officer of the Americas for DLL, a global provider of asset-based financial solutions and a wholly owned subsidiary of Rabobank Group. In his role at DLL, Maslowe was responsible for all credit adjudication, enterprise risk management and credit scorecard management for the Americas. In addition, he served as Co-Chairman of the Global Model Risk Committee and was a member of DLL’s Global Risk, Credit and Audit Committees. Previously, Maslowe held senior leadership positions in credit and risk management with several other leading bank owned, independent and captive leasing companies.

“Given the breadth and depth of Lou’s experience in credit and risk management, he has the ideal background to lead Marlin’s credit function into the future,” said Hilzinger. “Lou has experience across multiple commercial finance products, including significant experience in all aspects of equipment finance, so we’re delighted to have him join Marlin’s senior leadership team.”

About Marlin Business Services Corp.
Marlin Business Services Corp. is a nationwide provider of credit products and services to small businesses with a mission of helping small businesses achieve their American dream. Our products and services are offered directly to small businesses and through financing programs with equipment manufacturers, distributors, dealers and other intermediaries. Marlin and its wholly-owned operating subsidiary, Marlin Business Bank, are 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.