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Marlin Partners with McIntosh Lab – Analyst Blog
Zacks Market Commentaries (July 17th, 2009) Writes:
Marlin Business Services Corporation (MRLN), a leading provider of equipment financing to small businesses, announced on July 15, 2009 that it has got the opportunity to be a partner of D&M Holdings Inc.’s McIntosh Laboratory. McIntosh Laboratory selected Marlin as its preferred financing source for providing equipment leases to retail customers.
We think this deal will significantly help dealers, retailers, and customers of McIntosh. The process also allows retailers grow their business during the ongoing market turmoil. On Marlin’s front, this will increase the company’s average lease transaction. Marlin will benefit from working with a world leader in high-performance home audio and video products and can look at expanding its customer base by cross-selling its other products.
Per the agreement, Marlin will be allowed to provide financing options for McIntosh retail customers to lease in-store demonstration components. Following a schedule of equal payments, the deal will provide an attractive 90-day deferred
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