Marlin, recently acquired by PEAC, is a publicly traded (NASDAQ: MRLN) equipment finance company that specializes s in small business lending, with an entire team dedicated to commercial HVAC financing solutions.

There is no cost for you to offer commercial financing plans through Marlin/PEAC.

Depending on the payment plan that you’re approved for at the time of application, you can get 100% payment upfront, 50% advance payment or payment in full upon delivery and installation. All payments are typically made within 24 hours of agreement execution and/or installation via ACH.

To be approved by Marlin/PEAC, you must have been in business for 2 years or more. For anyone who has been in business for under 5 years or has under 10 employees, Marlin/PEAC generally asks for a personal guarantee; plus they typically look for a credit score in the range of 620 or higher. For businesses that are 5 years or older with 10 or more employees, Marlin/PEAC will generally make a business lending decision from companies’ Dun & Bradstreet report, where they’ll be looking for a comparable borrowing and that their bills have been generally paid close to on time, with a Paydex score of 60 or above.

Approval decisions can be instant but are typically made between 2-4 business hours.

You must book and complete your onboarding call with the Credit for Comfort team and get a walkthrough of how to offer commercial financing from the platform. Plus, you’ll also be contacted by a member of the Marlin/PEAC team to complete a brief training kick-off call.