Medallion Financial Corp

Medallion Financial Corp. is a growing company based in New York, New York, with 71 employees. Medallion Financial Corp. specializes in several niche markets. Primarily, they focus on providing loans to finance the purchase of taxicab medallions, holding a significant market share in New York City. The company also offers commercial loans to small businesses in specific sectors, such as dry cleaners and laundromats. Through the acquisition of Business Lenders, LLC, they expanded their reach to offer SBA 7(a) guaranteed loans and broadened their geographic footprint. Additionally, they offer taxi top advertising, leveraging their existing relationships with taxicab owners. Medallion Financial Corp. differentiates itself through its focus on niche markets and its expertise in these specialized areas. Their strong market position in the taxi medallion financing sector, coupled with their expansion into other lending segments, showcases their strategic growth and commitment to serving underserved markets. Medallion Financial Corp. can be reached through their website, medallion.com.