NASDAQ, TAXI - Medallion Fin Cp
We, Medallion Financial Corp. or the Company, are a specialty finance company
that has a leading position in originating, acquiring, and servicing loans that
finance taxicab medallions and various types of commercial businesses. A
wholly-owned portfolio company of ours, Medallion Bank, also originates consumer
loans for the purchase of recreational vehicles, boats, and trailers. Our core
philosophy has been ?In niches there are riches.? We try to identify markets
that are profitable and where we can become an industry leader. Our investment
objectives are to provide a high level of distributable income, consistent with
the preservation of capital, as well as long-term growth of net asset value and
our stock price. We also provide other debt, mezzanine, and equity investment
capital to companies in a variety of industries, consistent with our investment
objectives. ...
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