MFIN · Business Development Company
Medallion Financial Corp
Private credit portfolio and Schedule of Investments data from SEC EDGAR filings.
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About Medallion Financial Corp
Medallion Financial Corp (MFIN) is a publicly traded Business Development Company (BDC) — essentially a publicly listed fund that lends money to mid-sized private companies. In plain English: BDCs raise money from public investors and lend it to businesses that are too small for Wall Street banks. By law, they must pay out at least 90% of their profits as dividends, which is why BDC yields are often 8–12%. Medallion Financial Corp discloses its full loan portfolio through SEC filings.