Sec Form 4 Filing - PRIMUS VENTURE PARTNERS IV INC @ MARLIN BUSINESS SERVICES CORP - 2006-11-15

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person PRIMUS VENTURE PARTNERS IV INC 2. Issuer Name and Ticker or Trading Symbol MARLIN BUSINESS SERVICES CORP [ MRLN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 5900 LANDERBROOK DR, STE 200 3. Date of Earliest Transaction (MM/DD/YY) 11/15/2006 (Street) CLEVELAND, OH44124 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 11/15/2006 S 835,200 D $ 20.79 ( 1 ) 1,070,412 I Shares directly owned by Primus Capital Fund IV Limited Partnership ( 2 ) Common Stock 11/15/2006 S 34,800 D $ 20.79 ( 1 ) 44,601 I Shares directly owned by Primus Executive Fund Limited Partnership ( 3 ) Common Stock 11/17/2006 S 124,800 D $ 20.79 ( 1 ) 945,612 I Shares directly owned by Primus Capital Fund IV Limited Partnership ( 2 ) Common Stock 11/17/2006 S 5,200 D $ 20.79 ( 1 ) 39,401 I Shares directly owned by Primus Executive Fund Limited Partnership ( 3 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other PRIMUS VENTURE PARTNERS IV INC 5900 LANDERBROOK DR, STE 200 CLEVELAND, OH44124 X PRIMUS VENTURE PARTNERS IV LTD PARTNERSHIP 5900 LANDERBROOK DR, STE 200 CLEVELAND, OH44124 X Signatures Steven Rothman (4) (5) 11/17/2006 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Proceeds were net of an underwriting discount of $1.21 per share. ( 2 )The shares are held directly by Primus Capital Fund IV Limited Partnership ("PCV IV LP"). The general partner of PCF IV LP is Primus Venture Partners IV Limited Partnership ("PVP IV LP"). The general partner of PVP IV LP is Primus Venture Partners IV, Inc. ("PVP IV Inc."). ( 3 )The shares are held directly by Primus Executive Fund Limited Partnership ("PEF LP"). The general partner of PEF LP is PVP IV LP. The general partner of PVP IV LP is PVP IV Inc.

Remarks: (4) On behalf of PVP IV Inc. Mr. Rothman is the Secretary and Treasurer of PVP IV Inc. (5) On behalf of PVP IV LP. Mr. Rothman is the Secretary and Treasurer of PVP IV Inc., which is the general partner of PVP IV LP.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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