Medallion Financial Corp.
Overview
Medallion Financial Corp is a specialty finance company that originates, acquires, and services loans that finance taxicab medallions and various types of commercial businesses. Its segments include lending and investing operation. It offers consumer loans for the purchase of recreational vehicles, boats, motorcycles, and trailers, as well as to finance small-scale home improvements; and commercial loans for the purchase of equipment and related assets necessary for new business or improvement of an existing business. It also provides secured mezzanine loans to businesses in various industries, including manufacturing, and various service providers; and asset-based loans. Geographically, all the operations are functioned through the region of the United States.