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Marlin Expands Healthcare Finance Group

MOUNT LAUREL, N.J., Sept. 20, 2012 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN), a leader in the commercial equipment financing industry, is pleased to announce the addition of four financing veterans to Marlin's Healthcare Finance Group.

Patricia Mascaro has joined Marlin as a Senior Business Development Manager and brings 13 years of leasing experience. Mascaro joins Marlin from VFG Leasing and Finance where she served as Regional Sales Manager specializing in healthcare vendor relationships.  Mascaro also has a broad healthcare background servicing both healthcare manufacturers and end-user clients through her roles at GE Healthcare Financial Services and Creekridge Capital.

Kevin Collins has joined Marlin as a Senior Business Development Manager and brings 15 years of vendor finance sales experience in the healthcare and IT market segments.  Collins joins Marlin from TCF Equipment Finance where he was a Business Development Officer for their Healthcare Vendor Finance Group.  Collins is a Certified Leasing Professional (CLP Foundation) and his experience includes finance consulting for large medical equipment and pharmaceutical companies.

Stacy Griffin has joined Marlin as a Business Development Manager. Griffin brings 16 years of leasing experience and 2 years capital equipment sales.  Her prior experience includes roles with Thomas Scientific, De Lage Landen and Copelco Capital.

Douglas DeGier has joined Marlin as a Business Development Manager in its Healthcare Finance Group.   DeGier come to Marlin from US Bank and brings 5 years of financing experience in business development in the healthcare segment.

 "I am delighted to welcome Patricia, Kevin, Stacy and Douglas to our Healthcare Finance Group," said Ed Siciliano, Marlin's chief sales officer. "I am confident that they will help us expand our customer relationships by sharing Marlin's unique and high value approach to this growing channel."

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 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.

The Marlin Business Services Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4087

CONTACT: Marlin Business Services Corp.
         Media Relations
         mediarelations@marlincorp.com

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