Marlin Business Services Corp. (NASDAQ:MRLN) Files An 8-K Other Events

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Marlin Business Services Corp. (NASDAQ:MRLN) Files An 8-K Other Events
Item 8.01. Other Events.

The Registrant issued a second press release on May 30, 2017, announcing that its Board of Directors approved a stock repurchase plan wherein the Registrant is authorized to repurchase up to $10 million of its outstanding shares of common stock. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release issued by Marlin Business Services Corp. on May 30, 2017, relating to the stock repurchase program.


About Marlin Business Services Corp. (NASDAQ:MRLN)

Marlin Business Services Corp. is a provider of equipment financing solutions primarily to small and mid-sized businesses. The Company finances over 100 categories of common-use commercial equipment, including copiers, computers and software, security systems, telecommunications equipment, and certain commercial and industrial equipment. The Company accesses its end user customers primarily through origination sources, including its existing network of over 12,300 independent commercial equipment dealers and various national account programs; through direct solicitation of its end user customers, and through relationships with select lease brokers. The Company provides equipment dealers with the ability to offer its lease financing and related services to their customers as an integrated part of their selling process. The Company’s product offerings include equipment leases, property insurance on leased equipment, and funding stream.

Marlin Business Services Corp. (NASDAQ:MRLN) Recent Trading Information

Marlin Business Services Corp. (NASDAQ:MRLN) closed its last trading session down -0.15 at 25.20 with 29,239 shares trading hands.