FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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

OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person *   Siciliano Edward John 2. Date of Event Requiring Statement (Month/Day/Year) 10/18/2012 3. Issuer Name and Ticker or Trading Symbol MARLIN BUSINESS SERVICES CORP [MRLN] (Last) (First) (Middle) 343 CHRISTOPHER STREET 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Sales Officer 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) PRINCETON, NJ 08540 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 83,346 (1) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to Purchase Common Stock	03/01/2012(2)	03/01/2015	Option to Purchase Common Stock	7,862	$ 9.52	D	Â
Option to Purchase Common Stock	10/08/2011(2)	10/08/2014	Option to Purchase Common Stock	1,325	$ 14.37	D	Â
Option to Purchase Common Stock	03/01/2012(3)	03/01/2015	Option to Purchase Common Stock	10,776 (4)	$ 9.52	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Siciliano Edward John 343 CHRISTOPHER STREET PRINCETON, NJ 08540	Â	Â	  Chief Sales Officer	Â

Signatures

/s/ George D. Pelose, Attorney in Fact		10/26/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	Includes a total of 36,149 shares of restricted stock where, as of the date of this filing, the restrictions have not yet lapsed.
(2)	Date listed is the date of full vesting. Each grants vests 25% per year beginning on the first anniversary of the date of grant.
(3)	Represents the date the options will cliff vest if certain four year average EPS growth targets are achieved.
(4)	Represents the maximum number of options that may vest under this performance option grant. Vesting will be determined by EPS growth rates averaged over a four year performance period. Depending on the average EPS growth rate achieved for the four year period, the number of shares that vest at the end of the four year period could be 0; 3,592; 7,184; or 10,776.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.