About Medallion Financial
Medallion Financial (NASDAQ:MFIN) is a finance company specializing in the origination, acquisition, and servicing of loans to finance the purchase of taxicab medallions and recreational vehicles. With a broad portfolio that extends to various regions, Medallion Financial also ventures into lending for small businesses, including loans for enhancements and working capital. The company aims to facilitate ownership and operational expansion for small to medium enterprises by providing accessible financial solutions. Through careful market analysis and customer service, Medallion Financial works towards achieving sustainable growth and expanding its services to meet the evolving needs of its clients, positioning itself as a supportive financial partner in niche markets.
Snapshot
Operations
Products and/or services of Medallion Financial
- Taxi medallion lending, offering loans for the purchase of taxi licenses essential for operation in urban markets.
- Commercial lending, including business loans and lines of credit to small and mid-sized businesses.
- Consumer lending, focusing on loans for personal, household, or family purposes including home improvement and recreational vehicle financing.
- Medallion servicing, providing loan servicing for both owned and third-party taxi medallion loans.
- Insurance services, offering various insurance products to its commercial and consumer loan customers.
- Investment in strategic assets, aiming to diversify income streams and enhance shareholder value through acquisitions and investments.
Medallion Financial executive team
- Mr. Alvin MursteinExecutive Chairman
- Mr. Andrew M. MursteinCEO, President, COO & Non-Independent Director
- Mr. Anthony N. CutroneExecutive VP & CFO
- Mr. David Justin HaleyExecutive VP & CFO of Medallion Bank
- Mr. Donald S. PoultonCEO & President of Medallion Bank
- Ms. Marisa T. Silverman J.D.Executive Vice President, General Counsel & Secretary,
- Ms. Samantha K. RozovskyChief Compliance Officer, Associate General Counsel & Assistant Secretary
- Mr. Thomas J. MunsonExecutive VP & Chief Credit Officer
- Mr. Steven M. HannayExecutive VP & Chief Lending Officer of Medallion Bank.
- Mr. Jeffrey D. RudnickExecutive VP & Director of Alternative Investments