Marlin and Manitowoc Launch Financing Program

Aim to bring foodservice equipment to more retailers

MOUNT LAUREL, N.J. -- Marlin Business Services Corp. and Manitowoc Foodservice, division of The Manitowoc Co. Inc., have formed a strategic alliance to provide financing solutions for Manitowoc's channel partners and equipment purchasers nationwide.

Marlin has supported the foodservice industry since its inception in 1997. The strategic alliance will enable Manitowoc customers to quickly and cost-effectively acquire the equipment and technology needed to expand and grow, while helping Manitowoc's channel partners improve transaction efficiency. The alliance with Manitowoc, a world-class manufacturer of foodservice equipment and a leader in the market, will enable Marlin to further grow its presence in the growing foodservice industry.

"We are proud to offer flexible financing plans with competitive terms to Manitowoc customers under this new program," said Dan Dyer, Marlin's CEO. "With our origination and underwriting capabilities and expertise in the foodservice industry, Manitowoc channel partners and customers can expect best-in-class service."

"We look forward to a thriving relationship with Marlin Business Services Corp.," said Dean Landeche, Manitowoc's senior vice president of marketing. "For foodservice operators of all types, being able to purchase our products with more ease and with the backing of a strong and reliable organization like Marlin is an exceptional benefit. For our channel partners, Marlin's support will mean improving the speed of business by eliminating long approval waiting periods."

Marlin Business Services Corp., Mount Laurel, N.J., is a nationwide provider of innovative equipment financing solutions for small and mid-size businesses.

Manitowoc Foodservice, New Port Richey, Fla., designs, manufactures and supplies best-in-class food and beverage equipment for the global foodservice market.