Marlin Leasing Corporation DBA PEAC SolutionsReviews of peacsolutions.com

300 Fellowship Road, Mount Laurel, New Jersey

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The Fair Hearing score

4.3/ 5

Great

744 reviews

Marlin Leasing Corporation DBA PEAC Solutions4.3Great

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About Marlin Leasing Corporation DBA PEAC Solutions

Marlin Leasing Corporation® dba PEAC Solutions is a global asset finance platform serving equipment manufacturers, distributors, and dealers across a broad range of industries. We deliver flexible lease and loan solutions backed by a first‑class customer experience. Across North America, Europe, and the United Kingdom, our integrated network delivers consistent, high‑quality service and solutions that support productivity and long‑term growth.

Marlin Leasing Corporation DBA PEAC Solutions (peacsolutions.com) has 744 customer reviews on The Fair Hearing, with an average rating of 4.3 out of 5.

Also known as: peacsolutions.com
Website: peacsolutions.com
Category: Investments & Wealth
Location: Mount Laurel, New Jersey
Listed on The Fair Hearing: 2026

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Mar 8, 2018

My worst business decision ever!

I am in the restoration business. I contacted Aramsco.comfor the purchase of a flooring removal machine. They arranged financing through marlin, in what they called a fair financing contract. In my eagerness to buy the machine, I did not read the entire contract. Like so many posts here, I found that I was being charged for insurance (which covers them only, at an outrageous rate of 75% (annualized) of the monthly payment. They added taxes on the insurance fee, and tangible taxes fees for which they refused to provide proof of payment to the State of Florida. The State of Florida levied the tangible taxes on the equipment as well, as I could not prove they made the payment on our behalf. I attempted to get this resolved over two months, with no success. They filed a UCC-1 form (i.e. lien) with the State of Florida, to ensure that the machine will be paid for before release. However, they filed the form in such a way that they claim the rights to any and all invoices generated by my company. As a consequence, we cannot use capital funding companies to purchase our invoices, to keep enough cash flow to meet our obligations: (including the payment of payroll & the monthly rental fee). They are completely uncooperative, even though they have provided letters of subordination for the purpose of invoice factoring to other companies in the past. Buyer beware! Exhaust all available avenues to obtain funds prior to engaging this company. The flooring machine original price: $35,000. Payments year-to-date (excluding this month, which we might not be able to pay) $29,432.24. Pay off amount today: $20,839.10. Total $50,271.34. Tony Soprano could not make this much profit if he tried. He could learn a lot from Marlin!

By Edward N.

Response from Marlin Leasing Corporation DBA PEAC Solutions· Apr 10, 2018

Hello Edward, Thank you very much for your time and willingness to work with our Complaint Monitor to rectify your situation. As indicated in your email on March 14, 2018, the letter provided helped to resolve the invoice factoring issues. As the appropriate documentation was received, we hope that you consider this matter closed and have no further issues or concerns. Should you require further assistance, please feel free to email us at [email protected] or [email protected]. Thank you again for your patience and for allowing us to rectify your concerns.