New “Bridge to Stimulus” Financing Program is Launched
Mount Laurel, NJ – August 26, 2009 – Marlin Business Services Corp., (Nasdaq:MRLN), a leader in the equipment leasing industry, is proud to announce its new partnership with Advanced Data Systems (ADS) as a preferred financing source for providing equipment lease programs to physicians. The affiliation allows Marlin to provide financing options for ADS clients to lease healthcare automation solutions which include the 2008 CCHIT Certified® MedicsDocAssistant Electronic Health Records (EHR) system, the MedicsPremier automated Practice Management system, MedicsRIS for Radiology, and any ADS-supplied hardware.
Marlin’s “Bridge to Stimulus” program includes an attractive 90-day deferred financing offer followed by a very straightforward payment schedule. The program is designed to facilitate the adoption of the MedicsDocAssistant EHR system in order for physicians to obtain the financial incentives offered in the 2009 American Recovery and Reinvestment Act. The incentives are based on Electronic Health Record system usage.
Ed Siciliano, SVP and Chief Sales Officer at Marlin, had this to say about the partnership: “We are excited to be working with ADS, a recognized leader in healthcare automation. Marlin is committed to supporting innovative companies whose solutions focus on emerging trends. ADS is clearly one of these companies and their EHR automation solution is filling a critical need in the healthcare industry. We look forward to an effective ‘Bridge to Stimulus’ program with ADS.”
David Barzillai, President of Advanced Data Systems noted: “We have always been committed to helping support our clients in every possible way. Thanks to Marlin’s ‘Bridge to Stimulus’ leasing program, it will now be easier for physicians to obtain the automation they need to help streamline the healthcare delivery system while maximizing the incredible incentives being offered through the American Recovery and Reinvestment to adopt EHR.”
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 90 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. For more information, visit www.marlincorp.com or call toll free at (888) 479-9111.
About Advanced Data Systems (ADS)
The Company is a leading provider of healthcare automation solutions to medical practices of any size and specialty. Our Medics Suite of products includes the CCHIT Certified® MedicsDocAssistant EHR, MedicsPremier for comprehensive Practice Management and MedicsRIS for Radiology. Systems from ADS are integrated for a truly unified solution, yet can be made available separately per the needs of the practice. Over 35,000 providers rely on solutions from ADS. The Company provides efficient implementation, comprehensive training and excellent ongoing support which always include updates. For more information, contact ADS at 800-899-4237, Ext. 2061 or by email to info@adsc.com. Our website is adsc.dev01.atlanticbt.net.
