MarlinReceivables Corp. on May 4 amended its $50 million loan facility with WellsFargo Capital Finance LLC, extending the maturity date of the facility from May4 to Aug. 4.
Marlin Receivables,as borrower, entered into the loan and security agreement with Wells FargoCapital Finance, formerly known as Wells Fargo Foothill LLC, as lender, on Oct.9, 2009.
MarlinReceivables is an affiliate of Mount Laurel, N.J.-based Marlin Business Services Corp., guarantor of theagreement, with Marlin Leasing Corp. as originator, servicer and guarantor.