Marlin Business Services Corp. was featured recently in Restaurant Finance News in an article about its expanded service offering to franchisees. In the issue published February 17, Marlin VP Rick Henderson explained the growth strategy behind Marlin’s franchise financing.

"For years, Marlin built a great business focused on efficiently underwriting and processing transactions that were way too small and unprofitable for most other banks to handle," he said. "That’s changing fast…we have identified the need to write larger loans with a broader set of loan products."

Today, they can finance up to $1.0 million for acquisitions, new technology, new stores, refinancings and partner buyouts, and are “flexible on soft costs."

Marlin still works with dealers and equipment manufacturers in the franchise sector, but today they have built a robust business going to the end user directly. Henderson says the franchise finance team will focus on franchise concepts with good unit economics, a solid track record, a good franchisee support system and "happy franchisees."

To read the full article, go to http://marlinbank.com/franchise/restaurantfinance-article/