8-K

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

Date of Report (Date of earliest event reported) October 25, 2007

Marlin Business Services Corp
(Exact name of registrant as specified in its charter)

Pennsylvania	000-50448	38-3686388
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

300 Fellowship Road, Mount Laurel, NJ	08054
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (888) 479-9111

________________________________________________________________________________
(Former name or former address, if changed since last report)

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:
	[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[   ]	Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
	[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

On October 24, 2007 the Registrant closed on the issuance of its ninth term note securitization transaction in the amount of $440,455,000. This issuance, which was made to qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, has seven different classes of notes. Each class of notes has its own final maturity date (ranging from October 2008 to February 2015), and the effective weighted average interest coupon over the term of the financing will be approximately 5.74%. Each class of notes is assigned one of the following ratings by Standard & Poor's Ratings Services and Moody's Investors Service, Inc., respectively: A-1+/P-1; AAA/Aaa; AA/Aa2; A/A2; and BBB/Baa2. This financing is recorded as an "on-balance sheet" transaction and is collateralized by certain of the Registrant's direct financing leases and loans. The Registrant issued a press release on October 25, 2007 announcing this closing of this transaction, and a copy of that press release is being furnished as Exhibit 9 9.1 to this report.

Item 9.01. Financial Statements and Exhibits.

(d)       Exhibits.

99.1    Press Release issued by Marlin Business Services Corp. on October 25, 2007.

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Marlin Business Services Corp (Registrant)
October 25, 2007 (Date)	/s/   DANIEL P. DYER Daniel P. Dyer Chief Executive Officer

EX-99.1

EXHIBIT 99.1

Marlin Leasing Completes $440 Million Term Debt Securitization

S&P Upgrades Two Existing Marlin Securitizations

MOUNT LAUREL, N.J., Oct. 25, 2007 (PRIME NEWSWIRE) -- Marlin Leasing Corporation, a wholly owned subsidiary of Marlin Business Services Corp. (Nasdaq:MRLN), announced today the completion of a $440 million term asset-backed securitization. This transaction was Marlin's ninth term debt securitization and fourth to earn a AAA rating. As with all prior term debt securitizations, this financing provides the Company with fixed-cost borrowing and will be recorded "on-balance sheet."

Separately, the Company announced that S&P has upgraded its credit rating on four classes of subordinated notes from Marlin Leasing Receivables' 2004-1 and 2005-1 term securitizations. In addition, S&P affirmed the ratings on the remaining classes from both transactions.

"We are pleased to announce the completion of our 2007 term securitization," said Daniel P. Dyer, Chairman and CEO of Marlin Business Services Corp. "The positive market reception and AAA credit ratings reflect Marlin's reputation for originating high-quality assets. Investors value our ability to generate consistent and dependable portfolio performance through our disciplined underwriting and strong credit culture backed by our strong balance sheet. With a portfolio that is broadly diversified both geographically and by industry, we have been able to build a track record in which the rating agencies are increasingly confident."

"This transaction completes another successful annual funding cycle," said Lynne C. Wilson, CFO of the Company. "Together with the increase in our warehouse lines of credit, we now have $340 million of committed lines to support future growth."

This was a private offering made to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, by Marlin Leasing Receivables XI LLC, a wholly owned subsidiary of Marlin Leasing Corporation. Moody's Investors Service, Inc. and Standard & Poor's Ratings Services have assigned a composite AAA rating to this transaction. The effective weighted average interest expense over the term of the financing will be approximately 6.32%.

About Marlin Business Services Corp.

Marlin Business Services Corp. is a nationwide provider of equipment leasing and working capital solutions primarily to small businesses. The Company's principal operating subsidiary, Marlin Leasing Corporation, finances over 70 equipment categories in a segment of the market generally referred to as "small-ticket" leasing (i.e. leasing transactions less than $250,000). The Company was founded in 1997 and completed its initial public offering of common stock on November 12, 2003. In addition to its executive offices in Mount Laurel, NJ, Marlin has regional offices in or near Atlanta, Chicago, Denver, Philadelphia and Salt Lake City. For more information, visit http://www.marlincorp.com or call toll-free at (888) 479-9111.

The Marlin Business Services Corp. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4087

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements (including statements regarding future financial and operating results) involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. All statements contained in this release that are not clearly historical in nature are forward-looking, and the words "anticipate," "believe," "expect," "estimate," "plan," "may," "intend," and similar expressions are generally intended to identify forward-looking statements. Economic, business, funding, market, competitive, legal and/or regulatory factors, among others, affecting our business are examples of factors that could cause actual results to differ materially from those described in the forward-looking stateme nts. More detailed information about these factors is contained in our filings with the SEC, including the sections captioned "Risk Factors" and "Business" in the Company's Form 10-K filed with the Securities and Exchange Commission. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:  Marlin Business Services Corp.
          Lynne C. Wilson, CFO
          +1-888-479-9111 x4108