Medallion Financial Corp.
- 437 Madison Ave Fl 38
- New York, New York
- 10022
- Phone: (212) 328-2100
- Fax: (212) 328-2121
- Website
Website Links
Description
- Medallion Financial is able to put forth a deep and experienced management team that has over 100 years of combined experience in our various lending fields. This depth of management ensures that our customers are able to speak directly to decision makers who can provide timely and thoughtful responses to their credit requests.
- 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.
Medallion's motto is "In Niches There are Riches" . As a specialty finance company Medallion Financial strives to obtain above average yields, and below average losses. Historically, we have identified markets that are underserved, and by working hard, we service these markets in the best possible fashion. We value our customers and have a deep understanding of the challenges that face our entrepreneurial borrowers, and how best to meet their needs. After all, not that long ago Medallion was a small business!
Fact sheet
Company contacts
- Alvin Murstein
- CEO
Products & services
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