Freshstart Venture Capital Corp.

PROFILE You lending to "me"? Freshstart Venture Capital, a Specialized Small Business Investment Company (SSBIC), finances cabs and the expensive brass medallions that are their permits. Taxi-related financing represents about 80% of the firm's loans. (The Small Business Administration, or SBA, allows only 50% but hasn't taken action.) Freshstart also lends to laundromats and dry cleaners, restaurants, and service stations. SSBICs, whose loans are geared to the disadvantaged, can borrow funds from the SBA at relatively low interest rates (6.5% to 9%); Freshstart charges customers up to 18%. A subsidiary of medallion financier Medallion Financial, Freshstart may merge with another Medallion subsidiary in 2001.  COMPETITION Allied Capital Corporation (ALD) Ameritrans Capital Corporation (AMTC) Waterside Capital Corporation (WSCC)		FINANCIAL OVERVIEW Fiscal Year-End: May 2000 Sales (mil.): 2.70 1-Yr. Sales Growth: (7.2)% Employees: 5 Revenue per employee: $540,000.00  KEY PEOPLE • Zindel Zelmanovitch     CEO  CONTACT INFO 24-29 Jackson Ave. Long Island City, NY 11101 US Phone: 718-361-9595 Fax: 718-361-8295

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