Marlin Business Bank Names Bryce S. Ray, Chief Lending Officer

MOUNT LAUREL, N.J., Sept. 12, 2013 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN), a leader in the commercial equipment financing industry, today announced that it has hired Bryce S. Ray as Chief Lending Officer of Marlin Business Bank, a wholly owned subsidiary. Ray will be based at the bank's headquarters in Utah, reporting directly to Raymond Dardano, President of Marlin Business Bank. Ray's responsibilities will include portfolio management and further expanding Marlin's credit underwriting services and capabilities.

Ray is a seasoned professional with more than 17 years of experience in commercial lending. Prior to joining Marlin he was Vice President of Credit at Optum Bank. Previously, Ray worked at Citigroup where he served in various positions before being named Vice President, Commercial Credit.

"We are delighted to have Bryce on board at Marlin Business Bank," said Raymond Dardano. "His industry experience and lending expertise will be a tremendous asset to our organization as we continue to expand our customer base and offer enhanced credit services."

About Marlin Business Services Corp.

Marlin Business Services Corp. is a nationwide provider of innovative equipment financing solutions for small and mid-size businesses. Since its inception in 1997, Marlin has financed a wide array of commercial equipment and software for over a quarter of a million business customers. Marlin's mission is to offer convenient and cost-effective financing products while providing the highest level of customer service. Marlin is publicly traded (Nasdaq:MRLN) and owns and operates a federally regulated commercial bank, Marlin Business Bank. For more information, 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.