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Home > Company Index > Financial Services > Commercial Lending > Medallion Financial Corp.
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Medallion Financial Corp. |
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NEWS FROM THE WIRES |
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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 |
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The Latest Directions in Wireless
Sep 15 2000 12:00 AM PDT
PROFILE |
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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 |
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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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 |
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Alvin Murstein
CEO
James Jack
CFO
CONTACT INFO |
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437 Madison Ave.
New York, NY 10022
US
Phone: 212-328-2100
Fax: 212-328-2121
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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