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MRL

Merlin

MRLN

Merlin, Inc. is a nationwide provider of credit products and services specifically tailored for small businesses.

Market cap
$334.94M-42.6%

Table of contents

Earnings

Next report

Aug 13, 2026 (In 2 weeks)
Revenue estimate$4.3M
EPS estimate-$0.20

Competitors

Profile

Merlin, Inc. is a nationwide provider of credit products and services specifically tailored for small businesses. The company operates as a financial holding company, utilizing its commercial bank subsidiary to fund a diverse portfolio of equipment leases and working capital loans. Its core value proposition centers on a fully integrated origination platform that efficiently processes high volumes of low-balance financing transactions for an underserved market of independent equipment dealers.

Competitive position

Merlin differentiates itself through a specialized focus on low-balance, high-volume transactions that are often underserved by large commercial banks. It maintains a competitive edge via a proprietary digital origination platform and diversified sourcing channels including over 10,000 origination partners.

GeographiesUnited States, Bermuda
Customer segmentsSmall and Medium Enterprises (SME), Commercial Equipment Dealers
Business modelDirect lending, B2B2C, Marketplace lending, Captive insurance
SuppliersFDIC-insured deposit funding, Capital markets for liquidity, Third-party national insurance underwriters
CustomersSmall business owners, Independent commercial equipment dealers, Equipment manufacturers and distributors
Listed2026
CEOMatthew George
FilingsSEC EDGAR

Questions, answered.

What is Merlin 's market cap?
Merlin (MRLN) has a market capitalization of $334.9M and trades on XNAS.
Who are Merlin 's competitors?
Merlin 's key competitors include NetSol Technologies, Inc., Trinity Capital Inc. Common Stock, Xerox Holdings Corporation Common Stock, and others. These companies compete in similar markets and product categories.
What subsidiaries does Merlin have?
Merlin 's subsidiaries include Marlin Business Bank, AssuranceOne, Ltd., Marlin Leasing Corporation.
Where is Merlin headquartered?
Merlin is headquartered in United States of America. It has been publicly traded since 2026.