Marlin Capital Solutions is headquartered in Salt Lake City and is the 24th largest bank in the state of Utah. It is also the 1,070th largest bank in the nation. It was established in 2008 and as of March of 2021, it had grown to 5 employees at 1 location. Marlin Capital Solutions has a B+ health rating.
I am not making any kind of rude or derisive remarks.....just stating facts that I can prove. Marlin Business Bank....my experience has found that they charge late fees even when you pay plenty ahead. They just claim that you are late. When I queried, if they may have mail problems, the answer was no. There is nothing wrong with their mail delivery. I pay online....my bank sent my payment so that it should arrive on the 13th..2 days ahead of the due date, the 15th. Marlin claims that they did not receive it until the 17th. My bank is experienced enough to know how long the mail takes to get there, and when it has to be sent. As in this case, they did it such that it would have an extra 2 days, ensuring on time arrival. I do believe that this is an intentional way of collecting additional late fees. Marlin Business Bank should be accepting electronic payments so that this type of controversy would be over, but so would their collection of made-up late charges. Be careful when considering doing business with this bank, especially leasing services. You will end up paying more than you thought.
I wish I had read the review before. I am being charged a late charge but My payments are on automatic payments 3 days before due date. They have ridiculous finance charges and they also penalize you for paying your loan early. Please be aware before doing business with Marlin Capital Solutions.
|FDIC Certificate #||58267|
|Return on Assets - YTD||2.57%|
|Return on Equity - YTD||16.67%|
|Annual Interest Income||$19.8MM|
|Assets and Liabilities|
|Assets||Q1 2021vs Q1 2020||$880.3MM$1.12B|
|Loans||Q1 2021vs Q1 2020||$770.9MM$899.7MM|
|Deposits||Q1 2021vs Q1 2020||$696.1MM$950.0MM|
|Equity Capital||Q1 2021vs Q1 2020||$142.2MM$125.7MM|
|Loan Loss Allowance||Q1 2021vs Q1 2020||$37.8MM$49.9MM|
|Unbacked Noncurrent Loans||Q1 2021vs Q1 2020||$2.4MM$6.3MM|
|Real Estate Owned||Q1 2021vs Q1 2020||$0$0|
Sorry, we do not have rate data for Marlin Capital Solutions.
|Marlin Capital Solutions Locations|
|Marlin Business Bank||2795 E. Cottonwood Parkway, Suite 120||Salt Lake City, UT 84121|