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Medallion Financial Group
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Founded in 1996, Medallion Financial Corp. began by providing financing for taxi medallion owners and operators in major U.S. cities. While it maintains a presence in that sector, the company has significantly diversified its portfolio. Through its subsidiaries, including Medallion Bank, it now focuses on consumer lending, primarily for the purchase of recreational vehicles and boats, as well as commercial lending to a variety of small to mid-size businesses. Medallion Financial Corp. operates as a business development company (BDC) and is publicly traded on the Nasdaq stock exchange under the ticker symbol MFIN.
United States
Industry
Financial