TAXI Description — Medallion Financial Corp
Medallion Financial is a financial institution holding company. Co. conducts its business through a range of wholly-owned investment company subsidiaries including: Medallion Funding LLC, Co.'s primary taxicab medallion lending company; Medallion Capital, Inc., which conducts a mezzanine financing business; and Freshstart Venture Capital Corp., which originates and services taxicab medallion and commercial loans. Also, Co.'s wholly-owned portfolio company, Medallion Bank, originates taxicab medallion, commercial, and consumer loans, raises deposits, and conducts other banking activities. As of Dec 31 2014, Co. had total assets of $632.3 million.