UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Date
of Report (Date of earliest event reported)
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March
15, 2009
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MARLIN
BUSINESS SERVICES CORP.
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(Exact
name of registrant as specified in its charter)
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Pennsylvania
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000-50448
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38-3686388
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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300
Fellowship Road, Mount Laurel, NJ
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08054
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code
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(888)
479-9111
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(Former
name or former address, if changed since last report.)
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Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2.
below):
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[ ]
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
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[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR
240.13e-4(c))
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Item
1.01. Entry into a
Material Definitive Agreement.
On March
15, 2009, Marlin Leasing Corporation (“MLC”), a subsidiary of the Registrant,
entered into an amendment to its Series 2002-A warehouse financing facility
that, among other things, (i) reset the facility amount to $115 million, (ii)
revised the purchase price percentage, and (iii) extended the termination date
of the facility to March 31, 2009. The extension to March 31,
2009 was done to (a) coincide with the current termination date of MLC’s bank
group revolver (MLC is in discussions with the bank group lenders in an effort
to arrive at mutually acceptable extension terms), and (b) provide additional
time for MLC and the other parties to the Series 2002-A facility to determine
the optimal facility structure after March 31, 2009. Attached as
Exhibit 10.1 to this report, and incorporated herein by reference, is the Second
Amendment to the Amended and Restated Series 2002-A Supplement to the Master
Lease Receivables Asset-Backed Finance Facility Agreement, dated as of March 15,
2009, among Marlin Leasing Corporation, Marlin Leasing Receivables Corp. II,
Marlin Leasing Receivables II, LLC, JPMorgan Chase Bank, N.A., as the agent and
Wells Fargo Bank, N.A., as the trustee.
Item
9.01. Financial
Statements and Exhibits.
(d) Exhibits.
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10.1
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Second
Amendment to the Amended and Restated Series 2002-A Supplement to the
Master Lease Receivables Asset-Backed Financing Facility Agreement, dated
as of March 15, 2009, among Marlin Leasing Corporation, Marlin Leasing
Receivables Corp. II, Marlin Leasing Receivables II, LLC, JPMorgan Chase
Bank, N.A., as the agent and Wells Fargo Bank, N.A., as the
trustee.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
MARLIN BUSINESS SERVICES
CORP.
(Registrant)
Date:
March 17,
2009 /s/
Daniel P. Dyer
Daniel
P. Dyer
Chief
Executive Officer
INDEX
TO EXHIBITS
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10.1
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Second
Amendment to the Amended and Restated Series 2002-A Supplement to the
Master Lease Receivables Asset-Backed Financing Facility Agreement, dated
as of March 15, 2009, among Marlin Leasing Corporation, Marlin Leasing
Receivables Corp. II, Marlin Leasing Receivables II, LLC, JPMorgan Chase
Bank, N.A., as the agent and Wells Fargo Bank, N.A., as the
trustee.
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