Marlin Equipment Finance in Mount Laurel, NJ

The worst company, do not use them!!!

These people have no clue what they are doing. years later I continue to get bills from a old settled lease. In addition to that they had over 10 very bad reviews removed from Google I am not sure how they did that but be warned DO NOT DO BUSSINESS WITH MARLIN!!!! YOU WILL REGET IT.

I originally came to Marlin through Katom Equipment whom I selected because they were 100% female owned and I liked the person I spoke to on the phone. It was a commodity product, so I figured I'd give the business to the little guy. They indicated that they exclusively used Marlin and they sent me the application to submit and start the process. After the usual missteps when people are involved, I received approval at 6% interest. Matthew McCormick was the person I worked with. For the contract portion I was referred to Stacy Cheslock. I just wanted to finance the $10,483.55 purchase over 60 months to lessen the blow on my cash flow. When she sent the paperwork, it listed the deal as a lease and not a straight line loan. I told her that I wasn't leasing, but buying. Her response was that it was exactly the same thing, same rate and that this was how they did it. It was a $1 buyout at the end of the lease. I figured that they were doing these transactions with Katom every day so I didn't suspect anything was up. The lease contract was signed and finalized with a voided check for them to use to pull the first and last months payments as good faith. The hitch is that when I looked at my online banking, the amount had gone up $12.73/mo or $763.80 over the life of the lease. Now my effective interest rate had gone from 6% to nearly 8.25% because of "applicable taxes" which it turns out only apply to leasing and not straightline loans. Thus far, I only get double talk and "I don't know what your conversations were with our other representatives." I'm left feeling like a fool because after the fact, I checked Yelp! about Katom and Marlin and both have almost exclusively horrific reviews. Many of the reviews with similar experiences to myself. Stay away from Marlin and Katom! Please feel free to contact me if you have any questions.

This company will screw you well and good at the back end. If you are late even by a day - the fee is $300. Two times late - $600. They will not waive anything. Basically screw you well and good at the back end. Avoid this company at all cost!!

I have always had a good experience