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<P align="center"><FONT size="2"><B>As filed with the Securities and Exchange Commission on November&nbsp;10, 2003.</B>
</FONT>


<P align="right"><FONT size="2"><B>Registration No.&nbsp;333-</B>
</FONT>


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<P align="center"><FONT size="4"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT>

<DIV align="center"><FONT size="3"><B>WASHINGTON, D.C. 20549</B>
</FONT></DIV>


<P align="center"><HR align="center" size="1" noshade width="15%">


<P align="center"><FONT size="3"><B>FORM S-8<BR>
REGISTRATION STATEMENT</B><BR>
<B><I>Under<BR>
THE SECURITIES ACT OF 1933</I></B>
</FONT>


<P align="center"><HR align="center" size="1" noshade width="15%">

<P align="center"><FONT size="6"><B>MARLIN BUSINESS SERVICES CORP.</B></FONT>

<DIV align="center"><FONT size="2"><B>(Exact name of Registrant as specified in its charter)</B>
</FONT>
</DIV>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2"><B>Pennsylvania<BR>
(State or other jurisdiction of<BR>
incorporation or organization)</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<B>38-3686388<BR>
(IRS Employer<BR>
Identification No.)</B></FONT></TD>
</TR>
</TABLE>
</DIV>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<HR align="center" size="1" noshade width="15%">
</FONT>

<DIV align="center"><FONT size="2"><B>124 Gaither Drive</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>Mount Laurel, New Jersey 08054</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>(888)&nbsp;479-9111</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>(Address, including zip code, of Principal Executive Offices)</B>
</FONT>
</DIV>

<DIV align="center"><HR align="center" size="1" noshade width="15%">
</DIV>

<DIV align="center"><FONT size="2"><B>MARLIN BUSINESS SERVICES CORP.</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>2003 EMPLOYEE STOCK PURCHASE PLAN</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>and</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>MARLIN BUSINESS SERVICES CORP.</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>2003 EQUITY COMPENSATION PLAN</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>(Full Title of the Plan)</B>
</FONT>
</DIV>

<DIV align="center"><HR align="center" size="1" noshade width="15%">
</DIV>

<DIV align="center"><FONT size="2"><B>George D. Pelose</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>Senior Vice President and General Counsel</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>124 Gaither Drive</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>Mount Laurel, New Jersey 08054</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>(888)&nbsp;479-9111</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>(Name, address and telephone number,</B>
</FONT>
</DIV>

<DIV align="center"><FONT size="2"><B>including area code, of agent for service)</B>
</FONT>
</DIV>

<DIV align="center"><HR align="center" size="1" noshade width="15%">
</DIV>

<DIV align="center"><FONT size="2"><B><I>Copy to:</I></B>
</FONT>
</DIV>


<P align="center"><FONT size="2"><B>James W. McKenzie, Jr., Esq.<BR>
Morgan, Lewis &#038; Bockius LLP<BR>
1701 Market Street<BR>
Philadelphia, PA 19103<BR>
(215)&nbsp;963-5000</B>
</FONT>

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</DIV>



<P align="center"><FONT size="2">&nbsp;
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<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
</FONT>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="17%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
</TR>
<TR>
    <TD colspan="9" valign="top" align="left"><HR size="4" noshade></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">Title of securities<BR>
to be<BR>
registered</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
Number of&#096;<BR>
shares to be<BR>
registered (1)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Proposed maximum<BR>
offering price<BR>
per share
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Proposed maximum<BR>
aggregate<BR>
offering price (4)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Amount of<BR>
registration fee (5)</FONT></TD>
</TR>
<TR>
    <TD colspan="9" valign="top" align="left"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><FONT size="2">Common Stock,</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
2,100,000 (2)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;$15.00(4)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;$34,500,000.00
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;$2792.00</FONT></TD>
</TR>

<TR valign="bottom">
    <TD align="left" valign="top"><FONT size="2">par value $.01 per share</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
200,000 (3)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<HR size="1" noshade></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
Total: 2,300,000</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
    <TD colspan="9" valign="top" align="left"><HR size="4" noshade></TD>
</TR>
</TABLE>
</DIV>


<P>
<HR size="1" width="18%" align="left" noshade>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR valign="top">
    <TD width="1%" nowrap align="right"><FONT size="2">(1)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">This registration statement covers shares of Common Stock of Marlin
Business Services Corp. which may be offered or sold pursuant to the 2003
Equity Compensation Plan and the 2003 Employee Stock Purchase Plan.
Pursuant to Rule&nbsp;457(h)(2), no separate registration fee is required with
respect to the interests in the plans. This registration statement also
relates to an indeterminate number of shares of Common Stock that may be
issued upon stock splits, stock dividends or similar transactions in
accordance with Rule&nbsp;416. In addition, pursuant to Rule 416(c) under the
Securities Act of 1933, this registration statement also covers an
indeterminate amount of interests to be offered or sold pursuant to the
employee benefit plan(s) described herein.
</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>

<TR valign="top">
    <TD width="1%" nowrap align="right"><FONT size="2">(2)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Represents shares of Common Stock of Marlin Business Services Corp. which
may be offered or sold pursuant to the 2003 Equity Compensation Plan.
</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>

<TR valign="top">
    <TD width="1%" nowrap align="right"><FONT size="2">(3)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Represents shares of Common Stock of Marlin Business Services Corp. which
may be offered or sold pursuant to the 2003 Employee Stock Purchase Plan.
</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>

<TR valign="top">
    <TD width="1%" nowrap align="right"><FONT size="2">(4)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">With respect to awards that have previously been issued under the 2003
Equity Compensation Plan, the actual offering price has been used to
compute the maximum offering price pursuant to Rule&nbsp;457(h)(1). For the
remaining shares of Common Stock of Marlin Business Services Corp.
issuable under the 2003 Equity Compensation Plan and the 2003 Employee
Stock Purchase Plan, information regarding fluctuating market prices under
Rule 457(c) was unavailable at the date of filing of this Registration
Statement as the shares were not yet publicly traded. Therefore, the
maximum offering price for these shares is based on a bona fide estimate
($15.00) pursuant to Rule&nbsp;457(a).
</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>

<TR valign="top">
    <TD width="1%" nowrap align="right"><FONT size="2">(5)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Calculated pursuant to Section 6(b) as follows: proposed maximum
aggregate offering price multiplied by $.00008090.
</FONT></TD>
</TR>

</TABLE>



<P align="center"><FONT size="2">&nbsp;
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<P align="center"><FONT size="2"><B>PART I</B>
</FONT>


<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information specified in this Part&nbsp;I of Form
S-8 (plan information and registrant information and employee plan annual
information) will be sent or given to employees as specified by Securities and
Exchange Commission Rule&nbsp;428(b)(1). Such documents need not be filed with the
Securities and Exchange Commission (the &#147;Commission&#148;) either as part of this
Registration Statement or as prospectuses or prospectus supplements pursuant to
Rule&nbsp;424. These documents and the documents incorporated by reference in this
Registration Statement pursuant to Item&nbsp;3 of Part&nbsp;II of this Form S-8, taken
together, constitute a prospectus that meets the requirements of Section 10(a)
of the Securities Act.
</FONT>


<P align="center"><FONT size="2"><B>PART II</B>
</FONT>


<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed by Marlin Business Services Corp. (the
&#147;Company&#148;) with the Commission are incorporated by reference into this
Registration Statement:
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;The prospectus dated November&nbsp;7, 2003 as part of the Company&#146;s
registration statement on Form S-1 Registration No.&nbsp;333-108530.
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;The description of the Company&#146;s common shares of beneficial interest,
par value $.01 per share, contained in the Company&#146;s Registration Statement on
Form 8-A filed with the Commission on October&nbsp;28, 2003 to register such
securities under the Exchange Act.
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All reports and other documents subsequently filed by the Company pursuant
to Section&nbsp;13(a), 13(c), 14 or 15(d) of the Exchange Act, prior to the filing
of a post-effective amendment which indicates that all securities offered have
been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference in this Registration Statement and to be
a part hereof from the date of filing of such documents.
</FONT>



<P align="center"><FONT size="2">&nbsp;
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained herein or in a document all or a portion of which
is incorporated or deemed to be incorporated by reference herein shall be
deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified
or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.
</FONT>


<P align="left"><FONT size="2"><B>Experts</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The consolidated financial statements of Marlin Leasing Corporation and
Subsidiaries as of December&nbsp;31, 2002 and 2001, and for each of the years in the
three-year period ended December&nbsp;31, 2002, have been incorporated by reference
herein in reliance upon the report of KPMG LLP, independent accountants,
incorporated by reference herein, and upon the authority of said firm as
experts in accounting and auditing.
</FONT>



<P align="center"><FONT size="2">&nbsp;
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<P align="left"><FONT size="2"><B>Item&nbsp;4. Description of Securities.</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;6. Indemnification of Trustees and Officers.</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1741 of the Pennsylvania Business Corporation Law provides the
power to indemnify any officer or director acting in his capacity as a Company
representative who was, is or is threatened to be made a party to any action or
proceeding for expenses, judgments, penalties, fines and amounts paid in
settlement in connection with such action or proceeding. The indemnity
provisions apply whether the action was instituted by a third party or arose by
or in our right. Generally, the only limitation on the Company&#146;s ability to
indemnify the Company&#146;s officers and directors is if the act violates a
criminal statute or if the act or failure to act is finally determined by a
court to have constituted willful misconduct or recklessness. The Company&#146;s
bylaws provide a right of indemnification to the full extent permitted by law
for expenses, attorney&#146;s fees, damages, punitive damages, judgments, penalties,
fines and amounts paid in settlement actually and reasonably incurred by any
director or officer whether or not the indemnified liability arises or arose
from any threatened, pending or completed proceeding by or in our right by
reason of the fact that such director or officer is or was serving as our
director, officer or employee or, at our request, as a director, officer,
partner, fiduciary or trustee of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise, unless the act or
failure to act giving rise to the claim for indemnification is finally
determined by a court to have constituted willful misconduct or recklessness.
The Company&#146;s bylaws provide for the advancement of expenses to an indemnified
party upon receipt of an undertaking by the party to repay those amounts if it
is finally determined that the indemnified party is not entitled to
indemnification. The Company&#146;s bylaws authorize us to take steps to ensure
that all persons entitled to the indemnification are properly indemnified,
including, if the board of directors so determines, purchasing and maintaining
insurance.
</FONT>


<P align="left"><FONT size="2"><B>Limitation of Liability</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company&#146;s articles of incorporation provide that none of our directors
shall be personally liable to us or our shareholders for monetary damages for a
breach of fiduciary duty as a director, except for liability: for any breach of
such person&#146;s duty of loyalty; for acts or omissions not in good faith or
involving intentional misconduct or a knowing violation of law; for the payment
of unlawful dividends and certain other actions prohibited by Pennsylvania
corporate law; and, for any transaction resulting in receipt by such person of
an improper personal benefit. The Company maintains directors&#146; and officers&#146;
liability insurance to provide directors and officers with insurance coverage
for losses arising from claims based on breaches of duty, negligence, error and
other wrongful acts.
</FONT>



<P align="center"><FONT size="2">&nbsp;
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<P align="left"><FONT size="2"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;8. Exhibits.</B>
</FONT>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="80%">
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="1"><B>Exhibit</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="left"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
2003 Employee Stock Purchase Plan of the Registrant (filed
as Exhibit&nbsp;10.2 to the Registration Statement on Form&nbsp;S-1 (File No.
333-108530) as filed with the Commission on October&nbsp;14, 2003,
incorporated herein by reference.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
2003 Equity Compensation Plan of the Registrant (filed as Exhibit&nbsp;10.1 to
the Registration Statement on Form&nbsp;S-1 (File No.&nbsp;333-108530) as filed
with the Commission on October&nbsp;14, 2003, incorporated herein by
reference.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of Morgan, Lewis &#038; Bockius LLP.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of KPMG LLP.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Morgan, Lewis &#038; Bockius LLP (included in Exhibit&nbsp;5.1)</FONT></TD>
</TR>
</TABLE>
</DIV>


<P align="left"><FONT size="2"><B>Item&nbsp;9. Undertakings.</B>
</FONT>


<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" nowrap align="right"><FONT size="2">(a)</FONT></TD>
 <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
 <TD><FONT size="2">The undersigned registrant hereby undertakes:
</FONT></TD>
</TR>
</TABLE>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:
</FONT>


<P align="left" style="margin-left:3%; margin-right:0%"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to include any prospectus required by Section&nbsp;10(a)(3) of the
Securities Act;
</FONT>



<P align="center"><FONT size="2">&nbsp;
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<P align="left" style="margin-left:3%; margin-right:0%"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to reflect in the Prospectus any facts or events arising after
the effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in
this Registration Statement. Notwithstanding the foregoing, any increase
or decrease in the volume of securities offered (if the total dollar
value of securities offered would not exceed that which was registered)
and any deviation from the low or high end of the estimated maximum
offering range may be reflected in the form of prospectus filed with the
Commission pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than 20&nbsp;percent change in the maximum
aggregate offering price set forth in the &#147;Calculation of Registration
Fee&#148; table in the effective registration statement; and
</FONT>


<P align="left" style="margin-left:3%; margin-right:0%"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) to include any material information with respect to the plan
of distribution not previously disclosed in this Registration Statement
or any material change to such information in this Registration
Statement;
</FONT>

<P align="left"><FONT size="2">provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
registration statement is on Form S-3, Form S-8 or Form F-3, and the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or furnished to the
Commission by the registrant pursuant to Section&nbsp;13 or Section 15(d) of the
Securities Exchange Act of 1934 (the &#147;Exchange Act&#148;) that are incorporated by
reference in this Registration Statement.
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
</FONT>

<P align="left"><FONT size="2">(b)&nbsp;The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s
annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
</FONT>

<P align="left"><FONT size="2">(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act
may be permitted to directors, officers and controlling persons of the
registrant pursuant to the foregoing provisions, or otherwise, the registrant
has been advised that in the opinion of the Commission such indemnification is
against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the registrant of expenses incurred or
paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the
</FONT>

<P align="center"><FONT size="2">&nbsp;
</FONT>

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<P align="left"><FONT size="2">registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Securities Act and will be governed by the final adjudication
of such issue.
</FONT>


<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the township of Mt. Laurel, State of New Jersey on November&nbsp;10,
2003.
</FONT>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="50%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="44%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" valign="top" align="left"><FONT size="2">MARLIN BUSINESS SERVICES CORP</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">/s/ Daniel P. Dyer</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Daniel P. Dyer</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
</DIV>


<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.
</FONT>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="37%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Daniel P. Dyer<BR>
</FONT><HR size="1" noshade><FONT size="2">
Daniel P. Dyer</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Chairman and Chief<BR>
Executive Officer<BR>
(Principal Executive<BR>
Officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">November 10, 2003</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Bruce E. Sickel<BR>
</FONT><HR size="1" noshade><FONT size="2">
Bruce E. Sickel</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Chief Financial<BR>
Officer (Principal<BR>
Financial &#038;<BR>
Accounting Officer
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">November 10, 2003</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Gary R. Shivers<BR>
</FONT><HR size="1" noshade><FONT size="2">
Gary R. Shivers</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
President and Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">November 10, 2003</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Lawrence J. DeAngelo<BR>
</FONT><HR size="1" noshade><FONT size="2">
Lawrence J. DeAngelo</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">November 10, 2003</FONT></TD>
</TR>
</TABLE>
</DIV>



<P align="center"><FONT size="2">&nbsp;
</FONT>

<!-- PAGEBREAK -->
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="37%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Kevin J. McGinty<BR>
</FONT><HR size="1" noshade><FONT size="2">
Kevin J. McGinty</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">November 10, 2003</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ James W. Wert<BR>
</FONT><HR size="1" noshade><FONT size="2">
James W. Wert</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">November 10, 2003</FONT></TD>
</TR>

<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" nowrap valign="top"><FONT size="2">/s/ Loyal W. Wilson<BR>
</FONT><HR size="1" noshade><FONT size="2">
Loyal W. Wilson</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">November 10, 2003</FONT></TD>
</TR>
</TABLE>
</DIV>



<P align="center"><FONT size="2">&nbsp;
</FONT>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<P align="center"><FONT size="2"><B>MARLIN BUSINESS SERVICES CORP.</B>
</FONT>


<P align="center"><FONT size="2"><B>INDEX TO EXHIBITS</B>
</FONT>

<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><FONT size="1"><B>Exhibit Number</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="left"><FONT size="1"><B>Document</B></FONT></TD>
</TR>
<TR  valign="bottom">
    <TD nowrap align="left"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of Morgan, Lewis &#038; Bockius LLP</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of KPMG LLP</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Morgan, Lewis &#038; Bockius LLP (included with Exhibit&nbsp;5.1)</FONT></TD>
</TR>
</TABLE>
</DIV>



<P align="center"><FONT size="2">&nbsp;
</FONT>

</BODY>
</HTML>
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{"company-data": {"conformed-name": "MARLIN BUSINESS SERVICES CORP", "cik": "0001260968", "assigned-sic": "7359"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-110378", "film-number": "03989043"}, "business-address": {"street1": "124 GATHER DR.", "street2": "SUITE 170", "city": "MT. LAUREL", "state": "NJ", "zip": "08054", "phone": "8884799111"}, "mail-address": {"street1": "124 GATHER DR", "street2": "SUITE 170", "city": "MT. LAUREL", "state": "NJ", "zip": "08054"}, "former-company": {"former-conformed-name": "MARLIN BUSINESS SERVICES INC", "date-changed": "20030822"}}
sv8
As filed with the Securities and Exchange Commission on November 10, 2003.
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
MARLIN BUSINESS SERVICES CORP.
(Exact name of Registrant as specified in its charter)
Pennsylvania
(State or other jurisdiction of
incorporation or organization)
38-3686388
(IRS Employer
Identification No.)
124 Gaither Drive
Mount Laurel, New Jersey 08054
(888) 479-9111
(Address, including zip code, of Principal Executive Offices)
MARLIN BUSINESS SERVICES CORP.
2003 EMPLOYEE STOCK PURCHASE PLAN
and
MARLIN BUSINESS SERVICES CORP.
2003 EQUITY COMPENSATION PLAN
(Full Title of the Plan)
George D. Pelose
Senior Vice President and General Counsel
124 Gaither Drive
Mount Laurel, New Jersey 08054
(888) 479-9111
(Name, address and telephone number,
including area code, of agent for service)
Copy to:
James W. McKenzie, Jr., Esq.
Morgan, Lewis & Bockius LLP
1701 Market Street
Philadelphia, PA 19103
(215) 963-5000
CALCULATION OF REGISTRATION FEE
Title of securities
to be
registered
Number of`
shares to be
registered (1)
Proposed maximum
offering price
per share
Proposed maximum
aggregate
offering price (4)
Amount of
registration fee (5)
Common Stock,
2,100,000 (2)
$15.00(4)
$34,500,000.00
$2792.00
par value $.01 per share
200,000 (3)
Total: 2,300,000
(1)
This registration statement covers shares of Common Stock of Marlin
Business Services Corp. which may be offered or sold pursuant to the 2003
Equity Compensation Plan and the 2003 Employee Stock Purchase Plan.
Pursuant to Rule 457(h)(2), no separate registration fee is required with
respect to the interests in the plans. This registration statement also
relates to an indeterminate number of shares of Common Stock that may be
issued upon stock splits, stock dividends or similar transactions in
accordance with Rule 416. In addition, pursuant to Rule 416(c) under the
Securities Act of 1933, this registration statement also covers an
indeterminate amount of interests to be offered or sold pursuant to the
employee benefit plan(s) described herein.
(2)
Represents shares of Common Stock of Marlin Business Services Corp. which
may be offered or sold pursuant to the 2003 Equity Compensation Plan.
(3)
Represents shares of Common Stock of Marlin Business Services Corp. which
may be offered or sold pursuant to the 2003 Employee Stock Purchase Plan.
(4)
With respect to awards that have previously been issued under the 2003
Equity Compensation Plan, the actual offering price has been used to
compute the maximum offering price pursuant to Rule 457(h)(1). For the
remaining shares of Common Stock of Marlin Business Services Corp.
issuable under the 2003 Equity Compensation Plan and the 2003 Employee
Stock Purchase Plan, information regarding fluctuating market prices under
Rule 457(c) was unavailable at the date of filing of this Registration
Statement as the shares were not yet publicly traded. Therefore, the
maximum offering price for these shares is based on a bona fide estimate
($15.00) pursuant to Rule 457(a).
(5)
Calculated pursuant to Section 6(b) as follows: proposed maximum
aggregate offering price multiplied by $.00008090.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in this Part I of Form
S-8 (plan information and registrant information and employee plan annual
information) will be sent or given to employees as specified by Securities and
Exchange Commission Rule 428(b)(1). Such documents need not be filed with the
Securities and Exchange Commission (the "Commission") either as part of this
Registration Statement or as prospectuses or prospectus supplements pursuant to
Rule 424. These documents and the documents incorporated by reference in this
Registration Statement pursuant to Item 3 of Part II of this Form S-8, taken
together, constitute a prospectus that meets the requirements of Section 10(a)
of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents filed by Marlin Business Services Corp. (the
"Company") with the Commission are incorporated by reference into this
Registration Statement:
(1) The prospectus dated November 7, 2003 as part of the Company's
registration statement on Form S-1 Registration No. 333-108530.
(2) The description of the Company's common shares of beneficial interest,
par value $.01 per share, contained in the Company's Registration Statement on
Form 8-A filed with the Commission on October 28, 2003 to register such
securities under the Exchange Act.
All reports and other documents subsequently filed by the Company pursuant
to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act, prior to the filing
of a post-effective amendment which indicates that all securities offered have
been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference in this Registration Statement and to be
a part hereof from the date of filing of such documents.
Any statement contained herein or in a document all or a portion of which
is incorporated or deemed to be incorporated by reference herein shall be
deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified
or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.
Experts
The consolidated financial statements of Marlin Leasing Corporation and
Subsidiaries as of December 31, 2002 and 2001, and for each of the years in the
three-year period ended December 31, 2002, have been incorporated by reference
herein in reliance upon the report of KPMG LLP, independent accountants,
incorporated by reference herein, and upon the authority of said firm as
experts in accounting and auditing.
Item 4. Description of Securities.
Not Applicable
Item 5. Interests of Named Experts and Counsel.
Not Applicable
Item 6. Indemnification of Trustees and Officers.
Section 1741 of the Pennsylvania Business Corporation Law provides the
power to indemnify any officer or director acting in his capacity as a Company
representative who was, is or is threatened to be made a party to any action or
proceeding for expenses, judgments, penalties, fines and amounts paid in
settlement in connection with such action or proceeding. The indemnity
provisions apply whether the action was instituted by a third party or arose by
or in our right. Generally, the only limitation on the Company's ability to
indemnify the Company's officers and directors is if the act violates a
criminal statute or if the act or failure to act is finally determined by a
court to have constituted willful misconduct or recklessness. The Company's
bylaws provide a right of indemnification to the full extent permitted by law
for expenses, attorney's fees, damages, punitive damages, judgments, penalties,
fines and amounts paid in settlement actually and reasonably incurred by any
director or officer whether or not the indemnified liability arises or arose
from any threatened, pending or completed proceeding by or in our right by
reason of the fact that such director or officer is or was serving as our
director, officer or employee or, at our request, as a director, officer,
partner, fiduciary or trustee of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise, unless the act or
failure to act giving rise to the claim for indemnification is finally
determined by a court to have constituted willful misconduct or recklessness.
The Company's bylaws provide for the advancement of expenses to an indemnified
party upon receipt of an undertaking by the party to repay those amounts if it
is finally determined that the indemnified party is not entitled to
indemnification. The Company's bylaws authorize us to take steps to ensure
that all persons entitled to the indemnification are properly indemnified,
including, if the board of directors so determines, purchasing and maintaining
insurance.
Limitation of Liability
The Company's articles of incorporation provide that none of our directors
shall be personally liable to us or our shareholders for monetary damages for a
breach of fiduciary duty as a director, except for liability: for any breach of
such person's duty of loyalty; for acts or omissions not in good faith or
involving intentional misconduct or a knowing violation of law; for the payment
of unlawful dividends and certain other actions prohibited by Pennsylvania
corporate law; and, for any transaction resulting in receipt by such person of
an improper personal benefit. The Company maintains directors' and officers'
liability insurance to provide directors and officers with insurance coverage
for losses arising from claims based on breaches of duty, negligence, error and
other wrongful acts.
Item 7. Exemption from Registration Claimed.
Not Applicable
Item 8. Exhibits.
Exhibit
Description
4.1
2003 Employee Stock Purchase Plan of the Registrant (filed
as Exhibit 10.2 to the Registration Statement on Form S-1 (File No.
333-108530) as filed with the Commission on October 14, 2003,
incorporated herein by reference.
4.2
2003 Equity Compensation Plan of the Registrant (filed as Exhibit 10.1 to
the Registration Statement on Form S-1 (File No. 333-108530) as filed
with the Commission on October 14, 2003, incorporated herein by
reference.
5.1
Opinion of Morgan, Lewis & Bockius LLP.
23.1
Consent of KPMG LLP.
23.2
Consent of Morgan, Lewis & Bockius LLP (included in Exhibit 5.1)
Item 9. Undertakings.
(a)
The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:
(i) to include any prospectus required by Section 10(a)(3) of the
Securities Act;
(ii) to reflect in the Prospectus any facts or events arising after
the effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in
this Registration Statement. Notwithstanding the foregoing, any increase
or decrease in the volume of securities offered (if the total dollar
value of securities offered would not exceed that which was registered)
and any deviation from the low or high end of the estimated maximum
offering range may be reflected in the form of prospectus filed with the
Commission pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than 20 percent change in the maximum
aggregate offering price set forth in the "Calculation of Registration
Fee" table in the effective registration statement; and
(iii) to include any material information with respect to the plan
of distribution not previously disclosed in this Registration Statement
or any material change to such information in this Registration
Statement;
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
registration statement is on Form S-3, Form S-8 or Form F-3, and the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or furnished to the
Commission by the registrant pursuant to Section 13 or Section 15(d) of the
Securities Exchange Act of 1934 (the "Exchange Act") that are incorporated by
reference in this Registration Statement.
(2) That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
(b) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan's
annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act
may be permitted to directors, officers and controlling persons of the
registrant pursuant to the foregoing provisions, or otherwise, the registrant
has been advised that in the opinion of the Commission such indemnification is
against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the registrant of expenses incurred or
paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the
registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Securities Act and will be governed by the final adjudication
of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the township of Mt. Laurel, State of New Jersey on November 10,
2003.
MARLIN BUSINESS SERVICES CORP
By:
/s/ Daniel P. Dyer
Daniel P. Dyer
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.
Signature
Title
Date
/s/ Daniel P. Dyer
Daniel P. Dyer
Chairman and Chief
Executive Officer
(Principal Executive
Officer)
November 10, 2003
/s/ Bruce E. Sickel
Bruce E. Sickel
Chief Financial
Officer (Principal
Financial &
Accounting Officer
November 10, 2003
/s/ Gary R. Shivers
Gary R. Shivers
President and Director
November 10, 2003
/s/ Lawrence J. DeAngelo
Lawrence J. DeAngelo
Director
November 10, 2003
Signature
Title
Date
/s/ Kevin J. McGinty
Kevin J. McGinty
Director
November 10, 2003
/s/ James W. Wert
James W. Wert
Director
November 10, 2003
/s/ Loyal W. Wilson
Loyal W. Wilson
Director
November 10, 2003
MARLIN BUSINESS SERVICES CORP.
INDEX TO EXHIBITS
Exhibit Number
Document
5.1
Opinion of Morgan, Lewis & Bockius LLP
23.1
Consent of KPMG LLP
23.2
Consent of Morgan, Lewis & Bockius LLP (included with Exhibit 5.1)