Equipment Finance News

Marlin launches specialist franchise financing group

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Marlin Business Services, a nationwide provider of equipment financing solutions for small and mid-size businesses, has launched a specialist franchise finance group, to be led by two newly hired executives, with the aim of expanding its presence in this sector.

Joshua A. Rouswell joins the company as director of franchise financing, while Joseph G. Haynes is appointed as franchise financing manager.

Marlin has supported the franchise industry since the company’s inception, and its customers include over 500 different franchise brands. The company’s program includes customized financing packages designed to make it fast and convenient to obtain financing for new equipment, technology and fixtures.

Rouswell joins Marlin from US Bank where as vice president of franchise lending he was closely involved with the development and growth of the bank’s McDonald’s lending program. Haynes’ previous experience includes positions in commercial lending and as a national franchise banker for Wells Fargo Commercial Finance.

“The addition of Josh and Joe to our team will enable us to better support the needs of our franchisors and their franchisee networks,” said Ed Siciliano, Marlin’s executive vice president and chief sales officer. “They both bring a wealth of experience that aligns well with our strategy to further penetrate the franchise business market.”