SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* PRIMUS CAPITAL FUND IV LTD PARTNERSHIP (Last) (First) (Middle) C/O PRIMUS VENTURE PARTNERS 5900 LANDERBROOK DRIVE, SUITE 200 (Street) CLEVELAND OH 44124-4020 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/10/2003	3. Issuer Name and Ticker or Trading Symbol MARLIN BUSINESS SERVICES CORP [ MRLN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)	2,683,740(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Assumes the conversion of 48,000 shares of Class A Convertible Preferred Stock of Marlin Leasing Corporation ("MLC") and 38,400 shares of Class C Convertible Preferred Stock of MLC into shares of Common Stock of Marlin Business Services Corp. ("MBSC") pursuant to the terms of a merger of a wholly-owned subsidiary of MBSC with and into MLC immediately prior to MBSC's intial public offering.

	Steven Rothman, as Secretary and Treasurer of Primus Venture Partners IV, Inc., which is the general partner of Primus Venture Partners IV Limited Partnership, which is the general partner of Primus Capital Fund IV Limited Partnership	12/22/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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