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  September 5, 2001
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Home > Company Index > Financial Services > Commercial Lending > Medallion Financial Corp.

Medallion Financial Corp.
Nasdaq: TAXI
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 NEWS FROM THE WIRES
RESEARCH ALERT-UBS starts Medallion Financial as buy
Jul 26 2001 09:01 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
The Latest Directions in Wireless
Sep 15 2000 12:00 AM PDT

 PROFILE
Investment company Medallion Financial turns taxi cab licenses, or "medallions," into gold. It makes loans for the purchase of medallions (65% of its loan portfolio), which are usually limited in number per city by law. It targets mainly New York City but also finances medallions in Boston and Cambridge, Massachusetts; Baltimore; Chicago; and Newark, New Jersey. The firm also runs taxicab rooftop advertising businesses in the US and Japan, and makes small business loans for dry-cleaning and coin-operated laundry equipment. Chairman and CEO Alvin Murstein and his son, president Andrew Murstein, together own about 20% of Medallion. The firm has teamed with Yahoo! to put wireless Internet devices in New York City cabs.

 COMPETITION
Allied Capital Corporation (ALD)
Ameritrans Capital Corporation (AMTC)
First Union Corporation (FTU)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 59.80
1-Yr. Sales Growth: 27.2%
Employees: 172
Revenue per employee: $347,674.42

 KEY PEOPLE
• Alvin Murstein
    CEO
• James Jack
    CFO

 CONTACT INFO
437 Madison Ave.
New York, NY 10022
US
Phone: 212-328-2100
Fax: 212-328-2121
Online: Web Site

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