 |
 |
|
 |
|
|
|
 |
|
|
|
|
  Asset Based loans are made by Medallion Business Credit, a division of Medallion Financial that was formed by Medallion Financial in 1998 with offices located in New York and New Jersey. Medallion Business Credit extends its loans to a diverse group of customers located throughout the New York metropolitan area, New Jersey, Pennsylvania, and Florida. Medallion Business Credit deals with industries ranging from manufacturers, distributors, food processors and finance companies. As competitor banks continue to struggle with the manner in which they service the small business customer, Medallion Business Credit has found itself uniquely positioned to fill this void in the marketplace. Medallion Business Credit's loans typically range from $500,000 to $5.0 million and are primarily secured by the borrower's accounts receivable and inventory. In some cases machinery and equipment is taken as collateral. For more information regarding our asset based lending, please feel free to contact Gerry Grossman at (212) 328-2124 or e-mail him at . 
|
|
 |
|||||||||||||||||||||||||||||
