Marlin Hires New Vice President to Head Major Account Sales


MOUNT LAUREL, N.J., April 15, 2010 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN), a leader in the equipment leasing industry, is pleased to announce the hiring of Allen Snelling as Vice President, Major Account Sales.

Snelling will support Marlin's growth initiative and will oversee national account programs for the entire U.S. Snelling is a seasoned leasing professional, most recently spending six years at Key Equipment Finance where he led a successful national accounts team. Prior to Key Equipment Finance, Snelling held sales management positions at both American Express and GE Capital. He joins as Marlin's expansion accelerates which includes the hiring of ten new business development representatives in the month of March.

Ed Siciliano, Marlin's Chief Sales Officer, had this to say about Snelling, "Marlin successfully navigated through the credit crisis and recession and has emerged in a strong position for growth. We are fortunate to be adding talent that would otherwise not be available. Allen's experience and personal integrity made the choice an easy one, and we look forward to his contributions in the years ahead."

About Marlin Business Services Corp.

Marlin Business Services Corp. is a nationwide provider of equipment financing solutions primarily to small businesses. The Company's principal operating subsidiary, Marlin Leasing Corporation, finances over 100 equipment categories in a segment of the market generally referred to as "small-ticket" leasing (i.e., leasing transactions less than $250,000). The Company was founded in 1997 and completed its initial public offering of common stock on November 12, 2003. 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



            

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