Marlin Business Services
Marlin Business Services, operating as PEAC Solutions, provides commercial equipment financing and working capital loans to small and mid-sized businesses across the US, UK, and 11 European countries, with a $6 billion+ portfolio and partner-channel distribution.
- Company typePrivate
- Founded1997
- HeadquartersMount Laurel, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Marlin Business Services does
Marlin Business Services Corp., founded in 1997 and headquartered in Mount Laurel, New Jersey, provides commercial equipment financing and working capital loans to small and mid-sized businesses (SMBs). The company originates leases and loans across multiple verticals including office technology, healthcare, construction, public sector, and e-mobility, with a cumulative portfolio exceeding $6 billion across the US, UK, and 11 European countries. It now operates under the PEAC Solutions brand, a trademark of Marlin Leasing Corporation.
The company's core product surface spans equipment leasing and working capital loan products. Working capital loan origination is executed in partnership with WebBank, allowing the business to deploy capital without holding the full credit exposure on its balance sheet. The technology stack includes a proprietary "Behavioral Underwriting Technology" used for risk segmentation on SMB borrowers. Distribution is partner- and dealer-channel-driven, with embedded integrations at OEMs, dealers, and brokers; the company also operates a partner portal supporting multi-region channel operations.
The business model is asset-side specialty finance: revenue is generated primarily through interest income, lease income, and fees on a $6 billion+ portfolio of originated assets. Go-to-market is indirect through partner channels across 13 countries. The company has received 33 industry awards and is staffed by approximately 800 employees as of recent disclosures.
Marlin Business Services firmographics
Firmographics- Name
- Marlin Business Services
- Legal name
- Marlin Leasing Corporation
- Website
- https://marlincorp.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Marlin Business Services, operating as PEAC Solutions, provides commercial equipment financing and working capital loans to small and mid-sized businesses across the US, UK, and 11 European countries, with a $6 billion+ portfolio and partner-channel distribution.
- Ownership category
- akta.pro rank
Marlin Business Services industry classification
Industry- Product category
- Commercial Equipment Financing
- NAICS
- Other Commercial and Industrial Machinery and Equipment Rental and Leasing (53249), Sales Financing (52222)
- SIC
- Finance Lessors (6172), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Equipment & Asset Finance (SME) (FSAKAGAF)
- akta.pro secondary industries
- Microloans & Working Capital Loans (FSAKAGAA), SME Term Loans & Growth Capital (FSAKAGAB)
Keywords
Where Marlin Business Services is headquartered
LocationHeadquarters
- HQ city
- Mount Laurel
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
Marlin Business Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Equipment Financing: Equipment financing solutions for copiers, audio visual, computers, HVAC, software, telecom, healthcare equipment, construction equipment, and more. Provided by Marlin Leasing Corporation.
- Working Capital Loans: Short-term working capital loans with streamlined approval process. Funds can be available in as little as 24 hours. Loans are originated by WebBank.
- E-Mobility and Renewable Energy Financing: Financing solutions for EV chargers, power cells and storage, e-mobility, and e-bicycles. PEAC has financed more than $1.1 billion USD in e-mobility solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Equipment Financing - Customized payment solutions |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Marlin Business Services product offering
Product offeringCore offering
Marlin Business Services, operating as PEAC Solutions, provides commercial equipment financing and short-term working capital loans to small and mid-size businesses across multiple industries. Equipment financing (provided by Marlin Leasing Corporation) covers office technology, healthcare, construction, industrial, public sector, and e-mobility assets, while working capital loans (originated by WebBank) offer funding in as little as 24 hours for marketing, expansion, payroll, and operational needs. The company operates across 13 countries in the US, UK, and Europe with a portfolio exceeding $6 billion USD.
Product overview
PEAC Solutions operates as a multi-national equipment financing and working capital lending platform under the Marlin Leasing Corporation trademark. The platform provides two core financial products: equipment financing (provided by Marlin Leasing Corporation) and working capital loans (originated by WebBank). The offering serves multiple industries including Office Technology + Equipment, Healthcare and Fitness, Construction/Transportation/Industrial, Public Sector, Working Capital and Direct Sales, and E-Mobility and Renewable Energy. The platform differentiates through innovative technology, behavioral underwriting approaches, global footprint across 13 countries, vertical market knowledge, and asset management expertise. With a portfolio exceeding $6 billion USD and operations spanning the US, UK, and Europe, PEAC has received 33 industry awards and employs approximately 800 people.
Differentiator
Problem solved
Functional benefit
Products and services
- Equipment Financing Capital solutions for businesses seeking equipment financing across multiple asset types and industries including office technology, healthcare, construction, public sector, and e-mobility. Provided by Marlin Leasing Corporation.
- Working Capital Loans Short-term financial solutions for businesses to access funds quickly for marketing, expansion, technology services, new inventory, payroll, and debt consolidation, with funding available in as little as 24 hours. Originated by WebBank.
- Partner Financing Program A program enabling equipment vendors, manufacturers, dealers, and distributors to offer PEAC financing solutions to their customers, with dedicated partner portals (PEAC Connect) and support.
Quantifiable outcome
- $6 billion+ portfolio holdings across multiple countries
- +4 more outcomes
Companies that use Marlin Business Services
Customer profileSegments6 records
Ideal customer profiles2 records
Marlin Business Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Marlin Business Services partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Marlin Leasing CorporationcoreMarlin Leasing Corporation is the parent company providing equipment financing services. PEAC is a trademark of Marlin Leasing Corporation. NMLS ID #2227023.
- WebBankcoreWebBank originates working capital loans for PEAC Solutions customers. WebBank is a financial institution partner that enables the working capital loan products offered through PEAC Solutions.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Marlin Business Services competitors and assessment
Company assessmentDirect peers
- Currency Capital: US-based equipment finance and SMB working capital lender with a partner/dealer channel model. Closely comparable to PEAC's vendor-financing and working capital product set, though smaller in scale and geography.
- Ascentium Capital: US-based specialty equipment finance company serving SMBs across verticals including office technology, healthcare, and industrial. Closely comparable to PEAC/Marlin in product mix, vendor-channel go-to-market, and behavioral underwriting focus.
- Balboa Capital: US specialty finance company providing equipment leasing and working capital to SMBs through direct and partner channels. Comparable to PEAC in customer segment, product breadth, and partner-driven origination model.
- Triton Capital: US equipment finance and leasing company serving SMBs across multiple verticals via a vendor/dealer channel. Closely comparable to PEAC in customer profile, product structure, and partner-driven origination.
Emerging players
- Lendio: SMB lending marketplace aggregating multiple capital providers across term loans, lines of credit, and equipment financing. Overlaps with PEAC on SMB working capital and equipment financing distribution, though as a marketplace rather than a direct balance-sheet lender.
- BlueVine: Digital SMB-focused funder offering lines of credit and working capital, partially overlapping with PEAC's working capital loan product. Comparable primarily on SMB funding and speed-of-funding, though not a direct equipment finance competitor.
- Stripe Capital: Embedded working capital/financing product offered by Stripe to SMB merchants. Comparable to PEAC's working capital loan on speed and SMB focus, but distributed through Stripe's payments platform rather than vendor/dealer channels.
Broad incumbents
- CIT Group (now First Citizens Bank): Large commercial bank with a long-standing commercial financing business covering equipment finance, working capital, and SMB lending. Comparable to PEAC in core products but operates at much larger scale with deposit-funded balance sheet.
- DLL (Rabobank Group): Global vendor-finance specialist owned by Rabobank serving equipment manufacturers, dealers, and end users across multiple asset classes. Highly comparable to PEAC's multi-vertical, multi-country equipment financing model, but operates at materially larger scale as a bank-affiliated incumbent.
Regional players
- Fairstone: Canadian SMB and consumer finance company offering equipment leasing and working capital primarily in Canada. Comparable product set to PEAC but geographically distinct and focused on the Canadian market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Marlin Business Services social profiles
Digital presenceMarlin Business Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marlin Business Services leadership team
Management profileNumber of profiles
Profiles3 records
Marlin Business Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marlin Business Services M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Marlin Business Services
What does Marlin Business Services do?
Marlin Business Services, operating as PEAC Solutions, provides commercial equipment financing and short-term working capital loans to small and mid-size businesses across multiple industries. Equipment financing (provided by Marlin Leasing Corporation) covers office technology, healthcare, construction, industrial, public sector, and e-mobility assets, while working capital loans (originated by WebBank) offer funding in as little as 24 hours for marketing, expansion, payroll, and operational needs. The company operates across 13 countries in the US, UK, and Europe with a portfolio exceeding $6 billion USD.
When was Marlin Business Services founded?
Marlin Business Services was founded in 1997. It employs 251 to 500 people.
Where is Marlin Business Services based?
Marlin Business Services is headquartered in Mount Laurel, United States, in the North America region.
How does Marlin Business Services make money?
Three revenue lines are on record. Equipment Financing is the primary driver. The others are working Capital Loans and E-Mobility and Renewable Energy Financing.
Who are Marlin Business Services's main competitors?
Direct peers on record are Currency Capital, Ascentium Capital, Balboa Capital and Triton Capital. Emerging players are Lendio, BlueVine and Stripe Capital. Broad incumbents are CIT Group (now First Citizens Bank) and DLL (Rabobank Group). Fairstone is listed as a regional player.
Does Marlin Business Services have an API?
No public API is recorded for Marlin Business Services.
What industry is Marlin Business Services in?
Marlin Business Services's product category is Commercial Equipment Financing. Its primary akta.pro industry code is FSAKAGAF, Equipment & Asset Finance (SME), with a secondary code of FSAKAGAA, Microloans & Working Capital Loans. Its NAICS code is 53249 and its SIC code is 6172.