Medallion Financial Archive

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    Medallion Financial Exits TARP

    July 25, 2011: Medallion Financial (ticker: TAXI) announced that Medallion Bank, the company’s unconsolidated wholly-owned portfolio company received an investment of approximately $26.3M in Medallion Bank’s preferred stock from the United States Treasury under the Small Business Lending Fund. The fund is a voluntary program...

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    Three Dividend Stories: Main Street, Hercules and Medallion Financial

    March 10, 2010: If you take a big picture view of the Business Development Company (BDC) industry, there is no question that matters are looking up. Stock prices are jumping, dividends are being maintained or raised and balance sheets are being rejiggered to take advantage...

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    Medallion Financial: Extends/Reduces Credit Facility

    December 1, 2009: We don’t know quite what to make of the short extension of this facility to the end of May 2010 (right round the corner) and the line reduction by $35mn. There’s still a decent amount outstanding :$27.4mn.

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