Marlin Business Services

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.

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

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

• Equipment financing
• Working capital loans
• Commercial lending
• Vendor financing
• Small business lending

Headquarters

HQ city

Mount Laurel

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Financing: Equipment financing solutions for copiers, audio visual, computers, HVAC, software, telecom, healthcare equipment, construction equipment, and more. Provided by Marlin Leasing Corporation.
2. 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.
3. 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

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core 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

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Marlin Leasing CorporationcoreOthersMarlin Leasing Corporation is the parent company providing equipment financing services. PEAC is a trademark of Marlin Leasing Corporation. NMLS ID #2227023.
• WebBankcoreChannel Partner/ Reseller/ DistributorWebBank 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

Direct 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

• Xx.com/marlinfinance
• Facebookfacebook.com/marlinequipmentfinance
• LinkedInlinkedin.com/company/marlin-business-services-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marlin Business Services