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Medallion Financial Corp.

Sector: Miscellaneous Business Credit Institutions Region: NY, United States


Exchange/Ticker: Nasdaq: TAXI


Company Description

Medallion Financial Corp. is a specialty finance company engaged in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses. The company's wholly-owned portfolio company, Medallion Bank, also originates and services consumer loans for the purchase of recreational vehicles, boats, motorcycles, and trailers. It offers various lending solutions, which includes taxi medallion, asset based, sub-debt and consumer loans. Medallion Financial also conducts business through various wholly-owned investment company subsidiaries: Medallion Funding LLC, Medallion Capital, Inc., and Freshstart Venture Capital Corp. The company was founded by Alvin Murstein in 1995 and is headquartered in New York, NY.

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