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  As a multi faceted, small business finance company, Medallion Financial offers a full spectrum of lending services to assist the capital needs of small to mid-sized businesses throughout the United States.  TAXI MEDALLION LENDING - With over 60 years of involvement in the taxicab industry, Medallion Funding is recognized as one of the leading financiers of taxicab medallions. Since the company's origin in 1979, Medallion Funding has lent over $900 million to this specific segment. Currently, Medallion Funding lends in New York City, Boston, Chicago, Newark, Philadelphia and Baltimore. Additionally, Medallion Funding and its underwriters are continually evaluating the viability of other taxicab markets to assess whether these markets have the characteristics that meet our underwriting guidelines. ASSET BASED LOANS - Established in 1998, Medallion Business Credit provides asset based loans to commercial businesses. The company serves a diverse customer base that includes manufacturers, distributors, food processors, and finance companies. The company will consider transactions ranging in size from $500,000 to $5.0 million and these loans are secured by the borrower's accounts receivable and inventory. SUB-DEBT LOANS - With almost twenty years of specific lending experience, Medallion Capital uses a unique relationship driven strategy to make subordinated loans to small and medium sized manufacturers, retailers, food service providers and other companies. The company secures its loans with liens on the borrower's assets and receives warrants or other types of equity participation in order to offset the additional risk assumed by the loan structure. CONSUMER LOANS - Medallion Bank is an FDIC insured industrial bank located in Salt Lake City, Utah and is a wholly owned subsidiary of Medallion Financial. It is regulated by the FDIC and the Utah Department of Financial Institutions. In association with its New York affiliates, the Bank originates new taxi medallion and asset-based commercial loans. It also specializes in nationwide non-prime recreational use product lending, and select healthcare product financing. CONTACTS - To contact Medallion Financial Corp. about one of our lending solutions, use this link.
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