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CapitalStream and Marlin Leasing Team to Offer Online Lease Transactions

Small-ticket, high-tech equipment financing agent drawn to infrastructure and experience of CapitalStream.com, a hosted network with more than 70 vendors


Seattle, WA – November 20, 2000
– Capital Stream, Inc., a hosted e-commerce provider of services and applications for the commercial finance industry, has announced signing Marlin Leasing Corp. as a new client. Specialists in funding broker and vendor transactions for small and micro-ticket leasing of medical, office, and technical equipment, Marlin chose CapitalStream to ensure rapid deployment of services that will help them scale up to take their business transactions online.

"With transactions ranging from $1,000 to $150,000, we needed an e-commerce infrastructure to handle the company's growing volume, now at approximately 1,000 transactions a week and rising," said Gary Shivers, President of Marlin Leasing Corp. "Based on prior experience, we knew how daunting it would be to build an online leasing system on our own."

Said Steve Campbell, CapitalStream President and CEO, "Marlin Leasing wanted to increase both customer volume and service via MARLINnet, its online lease transaction processing center. They saw CapitalStream.com, our hosted environment, as the best way to get to market in a very short time period."

By partnering with CapitalStream.com's hosted online network, featuring integrated point-of-sale capabilities, Marlin Leasing ensured that MARLINnet would be up and running in a short period of time with full, scalable capabilities to address all their customers' needs. MARLINnet now boasts functions such as application approval with two hours and funding within 24 hours.

"We were able to leverage our investment in our website by integrating the CapitalStream.com customer and transaction capabilities into our private-label portal site," said Shivers.

Because of Marlin's desire to expand their market share in the high tech industry and maintain their investor appeal, they needed to develop their online infrastructure using assets such as MARLINnet. This e-commerce initiative also needed to happen quickly in order to maintain Marlin's desirability to these two critical groups.

As a customer of CapitalStream, Marlin Leasing will be able to ramp up customer volume for a greater share of the high tech leasing market and continue with its goal of being full-fledged leasing partners. CapitalStream.com is a hosted e-commerce site combined with a Web-based toolset that enables finance companies, manufacturers, and B2B e-commerce companies to integrate financing at the point-of-sale, reach a wider range of financing partners, and automate credit management and workflow.

About Marlin Leasing Corp.
Founded in 1997, Marlin Leasing is a major competitor in the small-ticket equipment leasing market. Through its corporate headquarters in Mount Laurel, NJ, and two divisional offices in Colorado and Georgia, the company provides creative funding programs for vendors, brokers and end-users nationwide. For more information, visit their web site at www.marlinleasing.com.

About CapitalStream
Seattle-based CapitalStream is a leading provider of hosted e-commerce solutions – including customer program management tools, workflow automation, and an online transaction network – for the global commercial finance market. The company's e-commerce solution, CapitalStream.com, provides the infrastructure that enables private label and customer managed online capabilities for finance companies, manufacturers and B2B e-commerce companies to capture, grow and service customers. CapitalStream has been an established industry leader for over five years, and has helped several hundred financial organizations increase their competitiveness, customer service and profitability. For more information, just visit their web site at www.capitalstream.com.

For additional information, contact:

Lisa Geschke
Parker LePla
206-625-1541
lisag@parkerlepla.com

Leslie Morgan
CapitalStream
206-548-1712
lesliem@capitalstream.com