MOUNT LAUREL, N.J., July 15, 2009 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN), a leader in the equipment leasing industry, is proud to announce it has been selected by D&M Holdings Inc.'s McIntosh Laboratory as its preferred financing source for providing equipment leases to retail customers. The agreement allows Marlin to provide financing options for select McIntosh retail customers to lease in-store demonstration components. Designed to ease the financial burden on McIntosh dealers and make it easier for them to bring more of the company's luxury-class display products to their sales floors, the program will provide an attractive 90-day deferred financing offer followed by a schedule of equal payments.
Ed Siciliano, SVP and Chief Sales Officer at Marlin, had this to say about the newfound partnership: "We are excited to be working with the McIntosh brand, a recognized world leader in high-performance home audio and video products. We believe that adding retailer finance options to McIntosh's premium home entertainment products will help expand the company's market share and support its dealers. We look forward to developing an effective program with the support of McIntosh."
Bob Weissburg, President of D&M Holdings North America, noted: "We have always been committed to helping support our retail partners in every way we can. Thanks to our new McIntosh leasing program through Marlin Business Services Corp., it will now be easier for dealers to pay for, display and demonstrate even more of our units on their sales floors. It's an affordable solution that we believe will help retailers continue to grow their businesses in these difficult economic times."
About Marlin Business Services Corp.
Marlin Business Services Corp. is a nationwide provider of equipment leasing and working capital solutions primarily to small businesses. The Company's principal operating subsidiary, Marlin Leasing Corporation, finances over 90 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. In addition to its executive offices in Mount Laurel, NJ, Marlin has regional offices in or near Atlanta, Philadelphia and Salt Lake City. For more information, visit www.marlincorp.com or call toll free at (888) 479-9111.
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About McIntosh Laboratory
McIntosh Laboratory celebrates its 60th anniversary in 2009, and the company's unswerving commitment to excellence, innovation and quality continues to define the state-of-the-art in high fidelity and bring discriminating consumers around the world an elevated home entertainment experience. McIntosh luxury audio and video products are designed and manufactured at the company's Binghamton, New York headquarters. Its products reflect unmatched levels of performance, superlative engineering and hand craftsmanship. Built to last for decades, McIntosh components demand nothing less than an equal level of commitment to customer support and service. McIntosh Laboratory, Inc. is a D&M Holdings company.
About D&M Holdings Inc.
D&M Holdings Inc. is a global operating company providing worldwide management and distribution platforms for premium consumer, automotive, commercial and professional audio and video businesses including Denon(r), Marantz(r), McIntosh(r) Laboratory, Boston Acoustics(r), Snell Acoustics, Escient(r), Calrec Audio, Denon DJ, Allen & Heath, D&M Professional and D&M Premium Sound Solutions. Our technologies improve the quality of any audio and visual experience. All product and brand names with a trademark symbol are trademarks or registered trademarks of D&M Holdings, Inc. or its subsidiaries. For more information visit www.dm-holdings.com.
CONTACT: Marlin Business Services Corp.
Phil Bruno
888-479-9111 ext 4103
PBruno@marlinleasing.com
