Medallion Financial is a growth orientated, specialty finance company with a leading position in the origination and servicing of loans financing the purchase of taxicab medallions and related assets. The Company also originates and services loans in other commercial industries, and its wholly-owned portofolio company, Medallion Bank, also originates and services consumer loans. The Company and its subsidiaries have lent approximately $5 billion to the taxicab industry and other small businesses. Medallion is organized as a Regulated Investment Company and, as such, is required to distribute at least 90% of its income to its shareholders.
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