Medallion Bank (MBNKP) 10-K 2013 FY Annual report

Exhibit 99.1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON CONSOLIDATED SCHEDULES OF

INVESTMENTS

To the Board of Directors and Shareholders of

Medallion Financial Corp.

We have audited in accordance with the standards of the Public Company Accounting Oversight Board (United States) the consolidated financial statements of Medallion Financial Corp. and subsidiaries referred to in our report dated March 5, 2014, which is included on page F-2 of the annual report on Form 10-K for the year ended December 31, 2013. We have also audited the consolidated schedules of investments (the “Schedules”) as of December 31, 2013 and 2012. These Schedules are the responsibility of the Company’s management. Our responsibility is to express an opinion based on our audits.

In our opinion, the Schedules referred to above, when considered in relation to the basic consolidated financial statements taken as a whole, present fairly, in all material respects, the information set forth therein.

/s/ WeiserMazars LLP

New York, NY

March 5, 2014

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
Medallion Loans
New York								358		74	%		3.52	%	$	0	$	133,978	$	202,954	$	202,947
	Sean Cab Corp ##	Term Loan		12/09/11		12/08/15		1		1	%		3.60	%					$	3,581	$	3,566
	Real Cab Corp	Term Loan		07/20/07		07/20/17		1		1	%		2.81	%					$	2,545	$	2,545
	Real Cab Corp	Term Loan		07/20/07		07/20/17		1		*			2.81	%					$	350	$	350
	Sifnos, Van-Dim, Kitriani Incs ##	Term Loan		06/08/10		05/01/15		1		1	%		4.00	%					$	2,460	$	2,454
	Whispers Taxi Inc ##	Term Loan		05/28/13		05/28/16		1		1	%		3.35	%			$	2,197	$	2,164	$	2,156
	Slo Cab Corp	Term Loan		07/20/07		07/20/17		1		1	%		2.81	%					$	1,527	$	1,527
	Slo Cab Corp	Term Loan		07/20/07		07/20/17		1		*			2.81	%					$	210	$	210
	Lety Cab Corp ##	Term Loan		10/21/10		10/20/15		1		1	%		3.13	%					$	1,557	$	1,550
	Nancy Transit Inc ##	Term Loan		03/11/13		03/11/16		1		1	%		3.50	%			$	1,575	$	1,546	$	1,542
	Bunty & Jyoti Inc ##	Term Loan		03/13/13		03/13/16		1		1	%		3.75	%			$	1,575	$	1,546	$	1,541
	Junaid Trans Corp ##	Term Loan		04/30/13		04/30/16		1		1	%		3.75	%			$	1,550	$	1,524	$	1,519
	Christian Cab Corp	Term Loan		11/27/12		11/27/15		1		1	%		4.00	%					$	1,504	$	1,513
	Ocean Hacking Corp ##	Term Loan		12/20/13		12/20/16		1		1	%		3.50	%			$	1,500	$	1,500	$	1,502
	Devin Taxi Corp ##	Term Loan		05/28/13		05/28/16		1		1	%		3.35	%			$	1,465	$	1,443	$	1,438
	Dayna Hacking Corp ##	Term Loan		05/28/13		05/28/16		1		1	%		3.35	%			$	1,465	$	1,443	$	1,438
	Benson Hacking Corp ##	Term Loan		05/28/13		05/28/16		1		1	%		3.35	%			$	1,465	$	1,443	$	1,438
	Silke Hacking Corp ##	Term Loan		06/28/13		06/28/16		1		1	%		2.90	%			$	1,450	$	1,424	$	1,426
	Sonu-Seema Corp ##	Term Loan		12/07/12		12/07/15		1		1	%		3.75	%					$	1,415	$	1,410
	Lil Amandachaka Hacking Corp ##	Term Loan		07/23/13		07/23/16		1		1	%		3.00	%			$	1,425	$	1,407	$	1,409
	Flow Taxi Corp ##	Term Loan		07/23/13		07/23/16		1		1	%		3.00	%			$	1,425	$	1,407	$	1,409
	Ukraine Service Co ##	Term Loan		07/23/13		07/23/16		1		1	%		3.00	%			$	1,425	$	1,407	$	1,409
	Nosilla Service Co., Inc ##	Term Loan		07/23/13		07/23/16		1		1	%		3.00	%			$	1,425	$	1,407	$	1,409
	Orys Trans Corp ##	Term Loan		07/24/13		07/24/16		1		1	%		2.75	%			$	1,400	$	1,400	$	1,402
	Alltaxitwo Cab Corp ##	Term Loan		07/24/13		07/24/16		1		1	%		2.75	%			$	1,400	$	1,400	$	1,402
	Perem Hacking Corp ##	Term Loan		02/21/13		02/21/16		1		*			3.00	%			$	1,396	$	1,362	$	1,358
	S600 Service Co Inc ##	Term Loan		02/21/13		02/21/16		1		*			3.00	%			$	1,396	$	1,362	$	1,358
	Uddin Taxi Corp ##	Term Loan		11/14/12		11/14/15		1		*			5.25	%					$	1,358	$	1,353
	Daytona Hacking Corp ##	Term Loan		06/28/13		06/28/16		1		*			2.90	%			$	1,364	$	1,346	$	1,348
	Concourse Cab Corp ##	Term Loan		11/14/13		11/14/16		1		*			3.75	%			$	1,335	$	1,333	$	1,342
	Kby Taxi Inc ##	Term Loan		05/17/13		05/17/16		1		*			3.50	%			$	1,300	$	1,300	$	1,296
	Anniversary Taxi Corp ##	Term Loan		05/17/13		05/17/16		1		*			3.50	%			$	1,300	$	1,300	$	1,296
	Hj Taxi Corp ##	Term Loan		05/17/13		05/17/16		1		*			3.50	%			$	1,300	$	1,300	$	1,296
	Apple Cab Corp ##	Term Loan		05/17/13		05/17/16		1		*			3.50	%			$	1,300	$	1,300	$	1,296
	Avi Taxi Corporation ##	Term Loan		05/17/13		05/17/16		1		*			3.50	%			$	1,300	$	1,300	$	1,296
	Ming Trans Corp ##	Term Loan		11/19/12		12/01/16		1		*			3.70	%					$	1,270	$	1,266
	Ride Yellow LLC ##	Term Loan		02/01/13		11/01/16		1		*			3.10	%			$	1,200	$	1,200	$	1,196
	Avilie Service Inc ##	Term Loan		02/11/13		02/11/16		1		*			3.00	%			$	1,183	$	1,162	$	1,164
	Red Army Cab Corp ##	Term Loan		02/21/13		08/21/16		1		*			3.00	%			$	1,177	$	1,148	$	1,144
	Big Ari Taxi Corp ##	Term Loan		08/14/13		08/14/16		1		*			2.80	%			$	1,152	$	1,139	$	1,141
	New Direction Cab Corp ##	Term Loan		11/18/11		11/18/14		1		*			4.00	%					$	1,140	$	1,137
	D & G Taxi Inc ##	Term Loan		05/28/13		05/28/16		1		*			3.35	%			$	1,142	$	1,124	$	1,121
	Jump Service Co Inc ##	Term Loan		02/11/13		02/22/16		1		*			2.80	%			$	1,123	$	1,099	$	1,096
	Gaultier Hacking Corp ##	Term Loan		08/27/12		08/27/15		1		*			3.90	%					$	1,096	$	1,095
	Whats Yellow LLC ##	Term Loan		10/03/12		10/03/15		1		*			3.65	%					$	1,059	$	1,060
	Rs Hacking Corp ##	Term Loan		05/28/13		05/28/16		1		*			3.35	%			$	1,052	$	1,052	$	1,049
	Yosi Transit Inc	Term Loan		07/20/07		07/20/17		1		*			2.81	%					$	1,018	$	1,018
	Nelsk Taxi Inc ##	Term Loan		08/20/13		08/20/16		1		*			3.50	%			$	1,025	$	1,016	$	1,018
	Global Agami Cab LLC ##	Term Loan		02/27/13		02/27/16		1		*			3.00	%			$	1,000	$	991	$	988
	Universal Agami Transit Inc ##	Term Loan		02/27/13		02/27/16		1		*			3.00	%			$	1,000	$	991	$	988
	Planet Agami Cab LLC ##	Term Loan		02/27/13		02/27/16		1		*			3.00	%			$	1,000	$	991	$	988
	Holdem Cab Corp ##	Term Loan		04/10/13		04/10/16		1		*			3.00	%			$	1,000	$	982	$	979
	Go Boy Cab Corp ##	Term Loan		04/10/13		04/10/16		1		*			3.00	%			$	1,000	$	982	$	979
	Nedrag Trans Corp ##	Term Loan		05/30/13		05/30/18		1		*			3.50	%			$	975	$	961	$	963
	Typhoon Hacking Corp ##	Term Loan		05/30/13		05/30/18		1		*			3.50	%			$	975	$	961	$	963
	Hedy Hacking Corp. ##	Term Loan		05/30/13		05/30/18		1		*			3.50	%			$	975	$	961	$	963
	M.Y. Taxi Inc ##	Term Loan		01/06/11		11/01/16		1		*			3.10	%					$	960	$	961
	Mixfuel Transit LLC ##	Term Loan		10/31/06		10/31/16		1		*			3.00	%					$	890	$	890
	Lowvolt Transit LLC ##	Term Loan		10/31/06		10/31/16		1		*			3.00	%					$	890	$	890
	Kinetic Transit LLC ##	Term Loan		10/31/06		10/31/16		1		*			3.00	%					$	890	$	890
	Neutron Transit LLC ##	Term Loan		10/16/06		10/16/16		1		*			3.00	%					$	890	$	890
	Proton Transit LLC ##	Term Loan		10/16/06		10/16/16		1		*			3.00	%					$	890	$	890

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest	Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Rechargeable Transit LLC ##	Term Loan		10/16/06		10/16/16		1		*		3.00	%				$	890	$	890
	Quark Transit LLC ##	Term Loan		10/16/06		10/16/16		1		*		3.00	%				$	890	$	890
	Juiced Transit LLC ##	Term Loan		10/31/06		10/31/16		1		*		3.00	%				$	890	$	886
	Isotope Transit LLC ##	Term Loan		10/31/06		10/31/16		1		*		3.00	%				$	890	$	886
	Composite Transit LLC ##	Term Loan		11/03/06		11/03/16		1		*		3.00	%				$	890	$	886
	Blend Transit LLC ##	Term Loan		11/03/06		11/03/16		1		*		3.00	%				$	890	$	886
	Hybrid Transit LLC ##	Term Loan		10/23/06		10/23/16		1		*		2.67	%				$	890	$	886
	Iddy Biddy Cab Corp ##	Term Loan		08/06/10		08/05/15		1		*		3.13	%				$	864	$	860
	Malcolm Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		3.13	%				$	864	$	860
	Jbob Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		3.13	%				$	864	$	860
	Oyaz Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		3.13	%				$	864	$	860
	Copper One Cab Corp ##	Term Loan		02/17/12		02/12/17		1		*		3.90	%				$	853	$	855
	Agape-Mou Cab Corp	Term Loan		02/17/12		02/12/17		1		*		3.90	%				$	853	$	855
	Asterik Cab Co Inc	Term Loan		02/17/12		02/12/17		1		*		3.90	%				$	853	$	855
	Ghotra & Ghotra LLC	Term Loan		12/19/13		12/19/16		1		*		3.85	%		$	833	$	833	$	843
	Gurpreet Singh & Manpreet Sing ##	Term Loan		06/25/13		06/25/16		1		*		3.88	%		$	835	$	826	$	828
	Arman And Mehtab Padda Taxi Co ##	Term Loan		06/19/13		06/19/16		1		*		3.88	%		$	835	$	824	$	826
	Garcha Randhawa Taxi Corp ##	Term Loan		05/31/13		05/30/16		1		*		3.88	%		$	835	$	823	$	825
	Zus Trading Inc ##	Term Loan		08/09/13		08/09/16		1		*		3.85	%		$	820	$	814	$	816
	Dhuri And Barnala Cab Corp ##	Term Loan		06/03/13		06/03/16		1		*		3.80	%		$	810	$	800	$	802
	Haroon Sharif ##	Term Loan		05/21/13		05/21/16		1		*		3.80	%		$	810	$	799	$	800
	Ghulam Abbas ##	Term Loan		04/17/13		04/17/16		1		*		3.80	%		$	810	$	797	$	798
	Gohar Cab Corp	Term Loan		10/11/13		10/11/16		1		*		3.85	%		$	786	$	784	$	794
	Alika Awan Trans Corp ##	Term Loan		09/04/13		09/04/16		1		*		3.85	%		$	786	$	782	$	784
	1212 Taxi LLC ##	Term Loan		01/06/11		11/01/16		1		*		3.10	%				$	750	$	751
	Samy Baddar ##	Term Loan		07/18/13		07/18/16		1		*		3.50	%		$	750	$	743	$	745
	Ilker Altaygil ##	Term Loan		07/18/13		07/18/16		1		*		3.50	%		$	750	$	742	$	744
	Joseph Gerard Pierre ##	Term Loan		12/02/13		12/02/16		1		*		3.00	%		$	740	$	740	$	742
	Amr Aly Shafshak ##	Term Loan		11/04/13		11/04/16		1		*		4.13	%		$	740	$	738	$	739
	Hot Wheels Taxi LLC ##	Term Loan		03/01/13		12/01/16		1		*		3.10	%		$	740	$	738	$	737
	Btr Taxi Inc ##	Term Loan		04/15/13		04/15/16		1		*		3.50	%		$	750	$	737	$	735
	Rakesh Aggarwal & Jasvir Singh ##	Term Loan		11/06/13		11/06/16		1		*		3.85	%		$	735	$	733	$	735
	Binh Pham ##	Term Loan		12/18/13		12/18/16		1		*		4.00	%		$	730	$	730	$	729
	Bliss Cab Corp ##	Term Loan		10/21/10		10/20/15		1		*		3.13	%				$	731	$	728
	Jaswinder Singh ##	Term Loan		03/29/13		03/29/16		1		*		3.80	%		$	744	$	730	$	728
	Joseph R Jean ##	Term Loan		04/15/13		04/15/16		1		*		3.75	%		$	736	$	725	$	725
	Leo P. Roland ##	Term Loan		12/03/13		12/03/16		1		*		3.75	%		$	720	$	720	$	722
	Jacob Apoh ##	Term Loan		12/11/13		12/11/16		1		*		3.75	%		$	720	$	720	$	722
	Kawarjeet Singh & Maan Singh ##	Term Loan		05/15/13		05/15/16		1		*		3.50	%		$	730	$	719	$	721
	Aminder Pal Singh ##	Term Loan		11/21/13		11/21/16		1		*		3.75	%		$	720	$	719	$	721
	Atef A Khalil ##	Term Loan		11/26/13		11/26/16		1		*		3.75	%		$	709	$	708	$	710
	Gilberto Barrera ##	Term Loan		08/16/13		08/16/16		1		*		3.75	%		$	710	$	704	$	706
	Strivers Way Inc ##	Term Loan		12/17/13		12/17/16		1		*		3.85	%		$	700	$	700	$	702
	Sukhdev Singh & Harpal S Bhola ##	Term Loan		12/04/13		12/04/16		1		*		3.75	%		$	700	$	698	$	700
	Bruce Schneider ##	Term Loan		05/10/13		05/10/16		1		*		4.00	%		$	700	$	700	$	699
	Balwinder Singh ##	Term Loan		09/16/13		09/16/15		1		*		3.75	%		$	700	$	696	$	698
	Marian Cab Corp ##	Term Loan		06/19/12		06/19/16		1		*		3.75	%				$	698	$	696
	Samiullah Zaman ##	Term Loan		08/21/13		08/21/16		1		*		3.63	%		$	700	$	693	$	695
	Eugenio & Ayodele Trans Corp ##	Term Loan		09/26/13		09/26/16		1		*		4.25	%		$	695	$	693	$	694
	Parvinder Singh ##	Term Loan		08/13/13		08/13/16		1		*		3.63	%		$	700	$	694	$	693
	Georges Salomon ##	Term Loan		06/13/13		06/13/16		1		*		3.50	%		$	700	$	692	$	693
	Preslert Louis ##	Term Loan		05/30/13		05/30/16		1		*		3.50	%		$	700	$	691	$	692
	Amr & Rina Taxi Inc ##	Term Loan		07/15/13		07/15/16		1		*		3.75	%		$	700	$	690	$	692
	Shanu Miah ##	Term Loan		06/20/13		06/20/16		1		*		3.63	%		$	695	$	686	$	688
	Jasvir S Dhaliwal ##	Term Loan		07/01/13		07/01/16		1		*		4.25	%		$	700	$	686	$	686
	Rousseau Ductan ##	Term Loan		05/01/13		05/01/16		1		*		3.90	%		$	693	$	684	$	684
	Kerolus Waheib Makhail	Term Loan		12/27/12		12/27/15		1		*		3.50	%				$	681	$	681
	Joseph L Flovel ##	Term Loan		10/31/13		10/30/16		1		*		3.63	%		$	680	$	673	$	678
	Birk Cab Corp ##	Term Loan		05/22/13		05/22/16		1		*		3.50	%		$	683	$	672	$	677
	Robell Hacking Corp ##	Term Loan		09/11/13		09/11/16		1		*		2.80	%		$	680	$	675	$	674
	Jordan O Ohene ##	Term Loan		05/24/13		05/24/16		1		*		3.50	%		$	675	$	667	$	672
	Donald Singh ##	Term Loan		10/11/13		10/11/16		1		*		3.75	%		$	662	$	659	$	658
	Jean Pierre Trans Inc ##	Term Loan		10/21/10		10/20/15		1		*		3.13	%				$	660	$	657

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest	Original Cost  of 2013 Acquisitions (5)			Cost (4)		Fair Value
	Cfn Cab Corp ##	Term Loan		10/21/10		10/20/15		1		*		3.13	%					$	660	$	657
	Charanjeet Kaur & Manjit Singh ##	Term Loan		10/28/13		10/28/16		1		*		3.50	%		$	655		$	652	$	654
	Miklos Hacking Corp ##	Term Loan		10/21/10		10/20/15		1		*		3.13	%					$	655	$	652
	Carmay Latendresse ##	Term Loan		09/17/13		09/17/16		1		*		4.25	%		$	650		$	646	$	648
	Gur & Dev Taxi LLC ##	Term Loan		05/10/13		05/10/16		1		*		3.40	%		$	657		$	648	$	647
	Joseph Paul Desir ##	Term Loan		11/19/13		11/19/16		1		*		3.75	%		$	646		$	645	$	647
	Wisly Noel ##	Term Loan		07/25/13		07/25/16		1		*		3.63	%		$	650		$	642	$	644
	Pierre Goguin Joseph ##	Term Loan		03/06/13		03/06/15		1		*		3.75	%		$	642		$	642	$	643
	Lesly Jeanjoseph ##	Term Loan		05/08/13		05/08/16		1		*		3.50	%		$	650		$	641	$	640
	Brunet Lucas ##	Term Loan		06/06/13		06/06/16		1		*		3.50	%		$	641		$	641	$	639
	Carlos Govea ##	Term Loan		02/28/13		02/28/16		1		*		3.50	%		$	646		$	633	$	632
	Anwar Khalifa ##	Term Loan		07/11/13		07/11/16		1		*		3.75	%		$	642		$	633	$	632
	Nobert Auguste ##	Term Loan		01/09/13		01/09/16		1		*		4.15	%		$	645		$	632	$	631
	Ravinder Singh & Mandeep Multa ##	Term Loan		12/19/12		12/19/15		1		*		3.75	%					$	631	$	630
	Spyridon Tzorzis ##	Term Loan		07/10/13		07/10/16		1		*		3.50	%		$	635		$	628	$	630
	Mohammed Hossen & Abrar Hanif ##	Term Loan		03/11/13		03/11/16		1		*		3.50	%		$	640		$	628	$	628
	Michael Avitan ##	Term Loan		04/11/13		04/11/16		1		*		3.90	%		$	635		$	625	$	627
	Man Singh ##	Term Loan		02/25/13		02/25/16		1		*		3.75	%		$	640		$	627	$	626
	Marc C Bastien ##	Term Loan		04/11/13		04/10/16		1		*		3.65	%		$	630		$	621	$	622
	Karamjit Panchhi ##	Term Loan		08/28/13		08/28/16		1		*		3.50	%		$	626		$	621	$	620
	Alexander Vizueta ##	Term Loan		09/12/13		09/12/16		1		*		4.25	%		$	620		$	617	$	619
	Guivarch Thimothe	Term Loan		09/19/12		09/19/15		1		*		4.50	%					$	616	$	617
	Shahdad Bhatti Cab Corp ##	Term Loan		04/11/13		04/11/16		1		*		4.25	%		$	625	��	$	616	$	615
	Sincere Cab Corp ##	Term Loan		06/21/11		06/21/16		1		*		4.50	%					$	611	$	609
	Oradeanul Taxi Corp ##	Term Loan		01/30/13		02/01/16		1		*		3.63	%		$	620		$	605	$	606
	Turgut Duman ##	Term Loan		12/06/12		12/06/15		1		*		3.50	%					$	604	$	605
	Sushil Maggoo ##	Term Loan		12/14/12		12/14/15		1		*		3.50	%					$	604	$	605
	Manuel F Pena ##	Term Loan		11/26/13		11/26/16		1		*		3.50	%		$	600		$	600	$	602
	Yvon Louissaint ##	Term Loan		12/17/12		12/17/15		1		*		3.75	%					$	600	$	601
	Humberto Ontaneda ##	Term Loan		10/17/13		10/17/16		1		*		3.50	%		$	600		$	598	$	600
	Joseph W Charles ##	Term Loan		04/17/13		04/17/16		1		*		3.75	%		$	610		$	600	$	599
	Patrick Sattaur ##	Term Loan		03/15/13		03/15/16		1		*		3.63	%		$	600		$	599	$	598
	Guy Merisier ##	Term Loan		08/20/13		08/20/16		1		*		4.00	%		$	600		$	596	$	598
	Alexander A Malamud ##	Term Loan		02/28/13		02/28/16		1		*		3.55	%		$	604		$	593	$	595
	Rafi Mohammad ##	Term Loan		02/27/13		02/27/16		1		*		3.50	%		$	600		$	589	$	588
	Erwich Chery ##	Term Loan		11/01/13		11/01/16		1		*		3.70	%		$	587		$	585	$	587
	Roudy Moliere &Jean B Letang ##	Term Loan		12/17/12		12/17/15		1		*		4.25	%					$	587	$	586
	Eli Parada ##	Term Loan		11/27/13		11/27/16		1		*		3.65	%		$	579		$	579	$	581
	Newton Sodhi ##	Term Loan		05/06/13		05/06/16		1		*		3.38	%		$	587		$	578	$	576
	Jose F Pimentel	Term Loan		11/27/12		11/27/15		1		*		4.00	%					$	575	$	576
	Jean J Monteau ##	Term Loan		12/06/12		12/06/15		1		*		4.00	%					$	575	$	573
	Gerardo Barrera ##	Term Loan		12/23/13		12/23/16		1		*		3.75	%		$	573		$	573	$	573
	Bhai Bhai Taxi Corp	Term Loan		06/02/11		10/01/15		1		*		3.75	%					$	571	$	571
	I&I Cab Corp ##	Term Loan		03/19/13		03/19/16		1		*		3.60	%		$	568		$	568	$	569
	Rafael A Pena ##	Term Loan		09/18/13		09/18/16		1		*		4.00	%		$	565		$	559	$	561
	Tamimu Aliu ##	Term Loan		05/28/13		05/28/16		1		*		4.25	%		$	567		$	560	$	559
	Fernande Paul Cab Corp ##	Term Loan		01/24/13		01/24/16		1		*		3.50	%		$	570		$	557	$	559
	Mian Cab Corp ##	Term Loan		01/22/13		01/22/16		1		*		4.00	%		$	570		$	558	$	557
	Amjad Abbas ##	Term Loan		12/19/13		12/19/16		1		*		3.40	%		$	555		$	555	$	555
	Ulrick Racine ##	Term Loan		03/08/13		03/08/16		1		*		3.50	%		$	555		$	548	$	547
	Muhammad Saqib ##	Term Loan		10/04/11		10/04/14		1		*		3.50	%					$	545	$	543
	Shabir Khalid ##	Term Loan		05/29/13		05/29/16		1		*		3.25	%		$	556		$	544	$	543
	Hasina Farazi & Rafiul Farazi ##	Term Loan		02/25/13		02/25/16		1		*		3.50	%		$	555		$	543	$	542
	Jasvinder Chhoker + Dam Singh	Term Loan		11/10/11		12/05/15		1		*		3.50	%					$	542	$	542
	Magloire David ##	Term Loan		09/09/13		09/09/15		1		*		3.95	%		$	540		$	540	$	542
	Dani Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*		3.10	%					$	541	$	541
	Albert A Agyemang ##	Term Loan		07/09/13		07/09/16		1		*		3.50	%		$	550		$	541	$	541
	Pierre Chery ##	Term Loan		09/24/12		09/24/15		1		*		4.00	%					$	538	$	539
	Ptah Cab Corp ##	Term Loan		05/25/11		05/01/16		1		*		3.00	%					$	540	$	538
	Albro Hacking, Corp. ##	Term Loan		10/21/10		10/20/15		1		*		3.13	%					$	537	$	535
	Jaswinder Sharma ##	Term Loan		11/02/11		11/02/14		1		*		3.50	%					$	537	$	534
	Frantz Louhis & Joseph Paul ##	Term Loan		06/08/12		06/08/15		1		*		4.25	%					$	530	$	530
	Dominique Ismael ##	Term Loan		05/07/13		05/07/16		1		*		3.75	%		$	529		$	521	$	521

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest	Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Ahmed Elsayed ##	Term Loan		11/22/13		11/22/16		1		*		3.50	%		$	521	$	519	$	521
	Olmedo Nocua ##	Term Loan		01/25/13		01/25/16		1		*		3.50	%		$	530	$	518	$	517
	Avner Ben-Levy ##	Term Loan		05/29/12		05/29/15		1		*		4.25	%				$	506	$	505
	Louis A Alphonse ##	Term Loan		02/21/13		02/21/16		1		*		3.75	%		$	510	$	500	$	501
	M Irshad Chaudhry & Mhd Ramzan ##	Term Loan		03/21/11		03/21/16		1		*		3.50	%				$	504	$	500
	Avtar Singh ##	Term Loan		11/22/11		11/07/14		1		*		3.50	%				$	499	$	497
	Mukhtiar Singh ##	Term Loan		11/22/11		11/22/14		1		*		3.50	%				$	499	$	497
	Frands Fequiere ##	Term Loan		01/03/13		01/03/16		1		*		3.75	%		$	510	$	495	$	494
	Harold Torres ##	Term Loan		02/12/13		02/12/16		1		*		3.50	%		$	505	$	494	$	494
	Romain Eustache ##	Term Loan		02/26/13		02/26/16		1		*		4.00	%		$	500	$	492	$	492
	Chuhar Singh ##	Term Loan		06/06/13		06/06/16		1		*		3.38	%		$	500	$	488	$	492
	Joseph Jean ##	Term Loan		03/14/12		03/14/15		1		*		4.50	%				$	490	$	490
	Gustavo E Cabrejos ##	Term Loan		10/15/12		10/15/15		1		*		3.90	%				$	490	$	488
	Malkiat S Multani	Term Loan		06/01/11		06/07/14		1		*		3.25	%				$	487	$	487
	Abdullah Zivali ##	Term Loan		03/22/13		03/22/16		1		*		3.50	%		$	500	$	484	$	485
	Momar Diagne ##	Term Loan		04/30/13		04/30/16		1		*		4.00	%		$	482	$	476	$	476
	Shubal C Ghose ##	Term Loan		12/18/12		12/18/15		1		*		3.75	%				$	470	$	469
	Mohammad Azhar ##	Term Loan		06/01/12		06/01/15		1		*		4.00	%				$	464	$	463
	Kang & Dhillon Taxi Inc ##	Term Loan		12/03/10		07/07/14		1		*		3.50	%				$	463	$	461
	Ny Berts Cab Corp ##	Term Loan		07/02/13		07/02/16		1		*		3.90	%		$	470	$	458	$	460
	Jasvir Singh	Term Loan		11/27/12		11/27/22		1		*		4.25	%				$	456	$	460
	Anba Taxi Inc ##	Term Loan		06/21/11		06/21/16		1		*		4.50	%				$	458	$	457
	Corsi Cab Corp ##	Term Loan		06/21/11		06/21/16		1		*		4.50	%				$	458	$	457
	Santokh Bangay ##	Term Loan		12/10/12		12/10/15		1		*		3.50	%				$	457	$	456
	Lelio Bresier & Jeanne Bresier ##	Term Loan		03/06/13		03/06/16		1		*		3.50	%		$	460	$	451	$	452
	W.B.L.S Taxi Inc	Term Loan		08/09/12		11/01/16		1		*		3.10	%				$	450	$	451
	David Mashkabov ##	Term Loan		10/26/11		10/24/14		1		*		4.00	%				$	440	$	438
	Dady Hamel ##	Term Loan		12/26/13		12/26/16		1		*		3.50	%		$	435	$	435	$	435
	Gonel Seraphin & Evelyne Serap ##	Term Loan		12/09/11		12/09/14		1		*		4.25	%				$	430	$	428
	Saba Moshe Taxi Inc ##	Term Loan		01/06/11		11/01/16		1		*		3.10	%				$	422	$	423
	Mtr Taxi Inc ##	Term Loan		01/06/11		11/01/16		1		*		3.10	%				$	422	$	423
	Maya Taxi Inc ##	Term Loan		01/06/11		11/01/16		1		*		3.10	%				$	422	$	423
	M&J Taxi Inc ##	Term Loan		01/06/11		11/01/16		1		*		3.10	%				$	422	$	423
	Neomi & Z Taxi Inc ##	Term Loan		01/06/11		11/01/16		1		*		3.10	%				$	422	$	423
	Eduard Neyman	Term Loan		05/24/13		05/24/20		1		*		4.00	%		$	430	$	419	$	421
	Pierre Jeune ##	Term Loan		12/14/12		12/14/15		1		*		3.50	%				$	419	$	421
	Carlot Dalce ##	Term Loan		07/09/13		07/09/16		1		*		3.00	%		$	425	$	420	$	420
	Jacob Kuruvilla ##	Term Loan		11/11/09		12/05/17		1		*		3.75	%				$	421	$	419
	Rahul Amin ##	Term Loan		08/26/13		08/26/16		1		*		3.50	%		$	420	$	418	$	418
	Daca Taxi Inc ##	Term Loan		06/02/11		06/02/14		1		*		3.90	%				$	413	$	411
	King “D” Taxi Inc ##	Term Loan		01/17/12		01/17/15		1		*		3.00	%				$	411	$	410
	Nautilus Service Cor ##	Term Loan		01/17/12		01/17/15		1		*		3.00	%				$	411	$	410
	Run Service Corp ##	Term Loan		01/17/12		01/17/15		1		*		3.00	%				$	411	$	410
	Crossbow Taxi Inc ##	Term Loan		01/17/12		01/17/15		1		*		3.00	%				$	411	$	410
	Petia Cab Corporation ##	Term Loan		01/17/12		01/17/15		1		*		3.00	%				$	411	$	410
	King Verin Taxi Inc ##	Term Loan		01/17/12		01/17/15		1		*		3.00	%				$	411	$	410
	Cleopatra Cab Corp ##	Term Loan		01/17/12		01/17/15		1		*		3.00	%				$	411	$	410
	Pierre Cadet ##	Term Loan		03/19/13		03/19/16		1		*		3.30	%		$	410	$	402	$	403
	Verity Taxi Inc ##	Term Loan		02/08/13		02/08/18		1		*		3.60	%		$	400	$	400	$	403
	Luis E Perez ##	Term Loan		01/17/13		01/17/16		1		*		3.50	%		$	410	$	401	$	401
	Y Joey Taxi Inc ##	Term Loan		01/06/11		11/01/16		1		*		3.10	%				$	400	$	401
	Essa & Soliman Transit Inc ##	Term Loan		04/19/13		04/19/16		1		*		3.25	%		$	414	$	398	$	398
	Bucur Express Cab Corp ##	Term Loan		06/02/11		06/02/14		1		*		3.90	%				$	397	$	396
	Anthony Okyere Duah ##	Term Loan		06/10/11		06/10/14		1		*		5.00	%				$	386	$	385
	Shah M Rahman ##	Term Loan		11/25/13		11/25/16		1		*		3.75	%		$	385	$	384	$	385
	Surjit Singh ##	Term Loan		10/25/13		10/25/18		1		*		3.80	%		$	385	$	382	$	384
	Serge Bonny ##	Term Loan		03/11/13		03/11/16		1		*		3.25	%		$	385	$	378	$	378
	Double Cab Corp ##	Term Loan		07/13/12		07/13/15		1		*		3.75	%				$	367	$	368
	Tarafdar Abul & Tarafdar Luthf	Term Loan		08/13/10		08/13/16		1		*		7.00	%				$	365	$	365
	Malkit Singh ##	Term Loan		08/01/12		08/01/15		1		*		4.50	%				$	349	$	349
	Nour-Ditmars Zamalek Corp ##	Term Loan		04/01/11		04/01/14		1		*		4.90	%				$	349	$	348
	Elsayed A Hassan ##	Term Loan		11/28/11		11/28/14		1		*		4.25	%				$	342	$	341
	Yberto Santana ##	Term Loan		09/05/12		09/05/15		1		*		4.25	%				$	341	$	341

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest	Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Rehmet Khan ##	Term Loan		02/11/13		02/11/16		1		*		3.50	%		$	351	$	326	$	327
	Bj Cab Corp/Note 1 Of 2	Term Loan		06/12/13		06/12/16		1		*		3.63	%		$	325	$	321	$	326
	Bj Cab Corp/Note 2 Of 2	Term Loan		06/12/13		06/12/16		1		*		3.63	%		$	325	$	321	$	323
	Georges Desrosiers ##	Term Loan		06/26/12		06/26/15		1		*		5.00	%				$	319	$	319
	Jened Cab Corp ##	Term Loan		03/13/12		01/13/17		1		*		3.50	%				$	312	$	312
	Zorro Taxi Inc	Term Loan		12/20/13		12/20/16		1		*		3.25	%		$	309	$	309	$	311
	Jean B Guerrier ##	Term Loan		08/08/12		08/08/15		1		*		3.75	%				$	306	$	307
	Medora Moreira &Juan Mendoza ##	Term Loan		02/18/11		02/18/16		1		*		3.25	%				$	308	$	306
	Kornos Taxi Inc ##	Term Loan		09/04/12		09/04/15		1		*		4.00	%				$	292	$	292
	Platform Taxi Service/Mbank	Term Loan		05/04/12		05/12/17		1		*		5.57	%				$	287	$	287
	Mohammmed H Iqbal ##	Term Loan		09/14/12		09/14/15		1		*		3.75	%				$	283	$	283
	Chaim Tepper ##	Term Loan		02/10/11		02/10/14		1		*		5.25	%				$	283	$	282
	Joubert Toussaint ##	Term Loan		09/21/12		09/21/15		1		*		4.00	%				$	277	$	277
	Tarek Elsaid ##	Term Loan		05/27/11		04/25/16		1		*		3.00	%				$	252	$	251
	Kesef Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*		3.10	%				$	251	$	251
	Daniel Victor ##	Term Loan		05/06/13		05/06/16		1		*		3.50	%		$	235	$	231	$	231
	Ede Service Corp	Term Loan		07/20/07		07/20/17		1		*		2.81	%				$	210	$	210
	Lissade Aurelus ##	Term Loan		05/01/13		05/01/16		1		*		3.75	%		$	211	$	208	$	208
	Mohammad Ashraf Ali ##	Term Loan		01/17/12		01/09/15		1		*		3.25	%				$	199	$	199
	Roman Fermin ##	Term Loan		08/09/13		08/09/16		1		*		3.50	%		$	200	$	193	$	194
	Wan Sang Lau & Mary Quan Lau ##	Term Loan		03/20/13		03/20/16		1		*		3.25	%		$	204	$	193	$	193
	Frank Nobile ##	Term Loan		11/26/12		11/26/17		1		*		3.75	%				$	190	$	192
	Ali Akbar ##	Term Loan		03/04/10		10/11/14		1		*		3.75	%				$	190	$	189
	Bella Hacking Corp	Term Loan		06/25/04		06/25/16		1		*		6.00	%				$	190	$	189
	Jackie L Chaiken & Michael Cha ##	Term Loan		03/26/13		03/26/16		1		*		3.50	%		$	185	$	185	$	187
	Gasless Transit LLC/Bnote	Term Loan		10/23/06		10/23/16		1		*		2.67	%				$	175	$	175
	Electron Transit LLC/B Note	Term Loan		10/23/06		10/23/16		1		*		2.67	%				$	175	$	175
	Fusion Transit LLC/B Note	Term Loan		10/23/06		10/23/16		1		*		2.67	%				$	175	$	175
	Atom Transit LLC/B Note	Term Loan		11/03/06		11/03/16		1		*		3.00	%				$	175	$	175
	Duracell Transit LLC/B Note	Term Loan		11/03/06		11/03/16		1		*		3.00	%				$	175	$	175
	Abdul H Abid ##	Term Loan		06/09/09		06/09/14		1		*		6.38	%				$	173	$	172
	Ede Service Corp/Mfun	Term Loan		07/24/07		07/20/17		1		*		2.81	%				$	151	$	151
	Nicolae Blidariu	Term Loan		02/29/08		02/28/23		1		*		6.50	%				$	146	$	147
	Yosi Transit Inc	Term Loan		07/20/07		07/20/17		1		*		2.81	%				$	140	$	140
	Ny Diploma Taxi Co	Term Loan		07/20/07		07/20/17		1		*		2.81	%				$	140	$	140
	Joseph Bologna ##	Term Loan		10/06/10		10/01/16		1		*		3.25	%				$	140	$	139
	Mode Service Corp	Term Loan		06/02/11		06/01/21		1		*		6.00	%				$	139	$	138
	Anastasios Tsiklidis	Term Loan		04/15/11		01/15/18		1		*		3.60	%				$	114	$	116
	Norberto Cardona ##	Term Loan		03/30/12		03/30/17		1		*		4.00	%				$	110	$	111
	Wilfrid Barreau	Term Loan		12/29/09		12/29/16		1		*		5.75	%				$	102	$	102
	Ny Diploma Taxi Corp/Mfun	Term Loan		07/24/07		07/20/17		1		*		2.81	%				$	101	$	101
	Boris Ushman ##	Term Loan		05/21/03		04/13/15		1		*		5.75	%				$	89	$	89
	Kinetic Transit LLC/B Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%				$	85	$	85
	Mixfuel Transit LLCb Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%				$	85	$	85
	Lowvolt Transit LLC	Term Loan		10/31/06		10/31/16		1		*		3.00	%				$	85	$	85
	Juiced Transit LLC/B Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%				$	85	$	85
	Isotope Transit LLC/B Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%				$	85	$	85
	Proton Transit LLC/B Note	Term Loan		10/16/06		10/16/16		1		*		3.00	%				$	85	$	85
	Neutron Transit LLC/B Note	Term Loan		10/16/06		10/16/16		1		*		3.00	%				$	85	$	85
	Quark Transit LLC/B Note	Term Loan		10/16/06		10/16/16		1		*		3.00	%				$	85	$	85
	Rechargeable Transit LLC/Bnote	Term Loan		10/16/06		10/16/16		1		*		3.00	%				$	85	$	85
	Hybrid Transit LLC/B Note	Term Loan		10/23/06		10/23/16		1		*		2.67	%				$	85	$	85
	William G Ward ##	Term Loan		04/29/13		04/29/16		1		*		3.25	%		$	86	$	81	$	81
	Bu Taxi LLC/Mbank	Term Loan		12/29/10		11/01/16		1		*		3.10	%				$	75	$	75
	Calcium One Service Inc	Term Loan		02/23/07		02/23/17		1		*		2.22	%				$	71	$	71
	Ede Service Corp	Term Loan		07/20/07		07/20/17		1		*		2.81	%				$	69	$	69
	Ruckman Hacking Corp	Term Loan		08/30/13		02/22/16		1		*		2.80	%		$	1,200	$	60	$	62
	Sonnet Service Co Inc	Term Loan		08/30/13		02/22/16		1		*		2.80	%		$	1,200	$	60	$	62
	Y Mommy Taxi Inc/Mbank	Term Loan		12/23/10		11/01/16		1		*		3.10	%				$	60	$	60
	Sushil Maggoo	Term Loan		06/27/13		06/27/17		1		*		3.75	%		$	65	$	58	$	60
	Kaderee M & G Corp	Term Loan		06/28/13		06/28/16		1		*		2.90	%		$	1,158	$	58	$	60
	Soho Cab Corp	Term Loan		06/28/13		06/28/16		1		*		2.90	%		$	1,158	$	58	$	60
	Goodspeed Transit Inc	Term Loan		08/14/13		08/14/16		1		*		2.80	%		$	1,142	$	57	$	59

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Granny Hacking Corp	Term Loan		03/07/13		03/07/18		1		*			3.50	%			$	1,050	$	54	$	59
	Appoint Cab Corp/Mbank	Term Loan		12/06/10		04/06/14		1		*			7.96	%					$	57	$	57
	Composite Transit LLC	Term Loan		11/03/06		11/03/16		1		*			3.00	%					$	56	$	56
	Blend Transit LLC/B Note	Term Loan		11/03/06		11/03/16		1		*			3.00	%					$	56	$	56
	Cora Hacking Corp	Term Loan		03/07/13		03/07/18		1		*			3.50	%			$	1,050	$	54	$	56
	Y Daddy Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	55	$	55
	Network Agami Cab Corp	Term Loan		02/27/13		02/27/16		1		*			3.00	%			$	1,000	$	50	$	52
	Calcium One Service Inc	Term Loan		02/23/07		02/23/17		1		*			2.22	%					$	49	$	49
	Orbit Agami Cab LLC	Term Loan		11/05/10		10/01/16		1		*			2.88	%					$	48	$	48
	Justin Hacking Corp	Term Loan		08/14/13		08/14/16		1		*			2.80	%			$	894	$	45	$	47
	Ny Diploma Taxi Co	Term Loan		07/20/07		07/20/17		1		*			2.81	%					$	46	$	46
	Samiullah Zaman	Term Loan		12/02/13		12/02/17		1		*			4.50	%			$	43	$	42	$	44
	Eddy Joseph	Term Loan		12/20/00		12/02/15		1		*			4.00	%					$	42	$	42
	Bursa Cab Corp/Note 1	Term Loan		03/23/01		09/10/23		1		*			6.00	%					$	41	$	41
	Nosea Taxi LLC	Term Loan		01/06/11		11/01/16		1		*			3.10	%					$	38	$	39
	Y.A.M. Associates Corp	Term Loan		10/18/11		04/18/14		1		*			6.00	%					$	38	$	38
	Zahav Taxi LLC/Mbank	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	38	$	38
	Bursa Cab Corp/Note 2	Term Loan		03/23/01		09/10/23		1		*			6.00	%					$	33	$	33
	Yme Transit Inc	Term Loan		08/14/13		08/14/16		1		*			2.80	%			$	619	$	31	$	33
	Y Mike Taxi Inc	Term Loan		01/06/11		11/01/16		1		*			3.10	%					$	30	$	31
	Y Meir Taxi Inc/Mbnk	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	30	$	30
	Y Michal Taxi Inc/Mbnk	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	30	$	30
	S&M Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	30	$	30
	N&A Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	30	$	30
	Y Mati Taxi Inc/Mbnk	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	30	$	30
	M.M.Y Taxi Inc	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	30	$	30
	Fido Cab Corp	Term Loan		08/14/13		08/14/16		1		*			2.80	%			$	524	$	26	$	28
	Barth Taxi LLC/Mbank	Term Loan		11/24/10		11/20/15		1		*			6.63	%					$	25	$	25
	Brandon Taxi LLC/Mbank	Term Loan		11/24/10		11/20/15		1		*			6.63	%					$	25	$	25
	Mohammed Abdu & H Hedru/Mbank	Term Loan		08/11/06		02/05/16		1		*			5.71	%					$	22	$	22
	Yegal Express Cab Co/Mbank	Term Loan		11/10/10		08/28/20		1		*			6.38	%					$	22	$	22
	Opera Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	21	$	21
	Ronen Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	21	$	21
	Mry Taxi Inc/Mbank	Term Loan		07/16/12		11/01/16		1		*			3.10	%					$	21	$	21
	Harold Torres ##	Term Loan		10/01/13		11/01/17		1		*			4.00	%			$	20	$	19	$	21
	Vosiem Hacking Corp	Term Loan		08/14/13		08/14/16		1		*			2.80	%			$	343	$	17	$	19
	Sonia M Trivino	Term Loan		02/22/12		02/22/15		1		*			10.00	%					$	13	$	14
	Nestor R Trivino	Term Loan		02/22/12		02/22/15		1		*			10.00	%					$	13	$	14
	Jean M Venord/Mbank	Term Loan		02/11/10		04/10/15		1		*			6.38	%					$	13	$	13
	Y.A.M. Associates Corp	Term Loan		04/30/13		10/24/15		1		*			4.25	%			$	15	$	11	$	13
	Guy Fouyolle ##	Term Loan		08/18/11		08/18/15		1		*			4.75	%					$	10	$	10
	Y.A.M. Associates Corp	Term Loan		11/14/11		05/14/14		1		*			6.00	%					$	6	$	6
	Joubert Toussaint/B Note	Term Loan		03/04/13		09/04/15		1		*			5.00	%			$	5	$	4	$	6
	Two Filoi Taxi Inc	Term Loan		01/15/04		01/15/14		1		*			5.75	%					$	4	$	4
	Jorge R Sahad/Mbank	Term Loan		04/27/10		02/03/15		1		*			8.83	%					$	4	$	4
Chicago								111		15	%		4.94	%	$	0	$	32,540	$	42,175	$	42,239
	Sweetgrass Peach &Chadwick Cap ##	Term Loan		08/28/12		08/28/15		1		1	%		5.50	%					$	1,696	$	1,689
	Regal Cab Company Et Al ##	Term Loan		08/29/13		08/29/16		1		1	%		5.00	%			$	1,400	$	1,395	$	1,391
	Chicago Medallion Nine LLC ##	Term Loan		05/02/12		05/02/17		1		1	%		5.75	%					$	1,373	$	1,368
	Lucky Seven Chicago One Inc ##	Term Loan		07/19/12		07/19/15		1		*			4.88	%					$	1,252	$	1,248
	Blue Eyes Cab Corp ##	Term Loan		07/19/12		07/19/15		1		*			4.88	%					$	1,252	$	1,247
	Oia Cab Corp ##	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	1,050	$	1,035	$	1,036
	Michael Two Cab Corp ##	Term Loan		07/12/12		04/25/16		1		*			4.50	%					$	1,037	$	1,033
	Johns Cabs Corp ##	Term Loan		04/12/12		04/12/15		1		*			5.00	%					$	1,014	$	1,010
	Harriet C Inc ##	Term Loan		10/19/12		10/19/16		1		*			5.25	%					$	918	$	915
	Chicago Medallion Two LLC ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%					$	885	$	882
	Chicago Medallion Three LLC ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%					$	885	$	882
	Chicago Medallion Four LLC ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%					$	885	$	882
	Chicago Medallion One LLC ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%					$	885	$	882
	Lmb Taxi V Inc ##	Term Loan		07/12/12		04/25/16		1		*			4.50	%					$	865	$	862
	Lmb Taxi Iv Inc ##	Term Loan		07/12/12		04/25/16		1		*			4.50	%					$	865	$	862
	Santorini Four Cab Corp ##	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	840	$	828	$	829

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest	Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Santorini Five Cab Corp ##	Term Loan		05/09/13		05/09/16		1		*			3.75	%		$	840	$	828	$	829
	Santorini Six Cab Corp ##	Term Loan		05/09/13		05/09/16		1		*			3.75	%		$	840	$	828	$	829
	Tribeca Two Cab Corp ##	Term Loan		05/09/13		05/09/16		1		*			3.75	%		$	840	$	828	$	829
	Stny Taxi Corp ##	Term Loan		05/09/13		05/09/16		1		*			3.75	%		$	840	$	828	$	829
	Carol Of Illinois Enterprises ##	Term Loan		03/28/13		03/28/18		1		*			5.50	%		$	701	$	689	$	688
	Chicago Medallion Seven LLC ##	Term Loan		05/02/12		05/02/17		1		*			5.75	%				$	686	$	684
	Coffee Taxi LLC ##	Term Loan		10/10/13		10/10/16		1		*			4.25	%		$	640	$	638	$	640
	Rahwa & Bros Cab Co, Et Al ##	Term Loan		01/08/13		01/08/18		1		*			5.50	%		$	657	$	640	$	639
	Ray Cab Company ##	Term Loan		08/29/13		08/29/16		1		*			5.00	%		$	600	$	598	$	600
	Met Cab Co ##	Term Loan		08/29/13		08/29/16		1		*			5.00	%		$	600	$	598	$	600
	N And M Valdof Hacking Corp	Term Loan		05/01/13		05/01/16		1		*			4.50	%		$	569	$	560	$	561
	Mikhalia Cabs Nine Inc ##	Term Loan		07/12/12		04/25/16		1		*			4.50	%				$	519	$	518
	Kayla Hacking Corp ##	Term Loan		07/12/12		04/25/16		1		*			4.50	%				$	519	$	518
	Natasha Transportation Inc	Term Loan		05/01/13		05/01/16		1		*			4.50	%		$	515	$	507	$	508
	Mike Taxi Corp	Term Loan		05/01/13		05/01/16		1		*			4.50	%		$	514	$	506	$	507
	Natalia Taxi Corp	Term Loan		05/01/13		05/01/16		1		*			4.50	%		$	513	$	505	$	506
	Dell Cab Corp ##	Term Loan		08/29/13		08/29/16		1		*			5.00	%		$	500	$	498	$	500
	Cozy Cab Co ##	Term Loan		08/29/13		08/29/16		1		*	��		5.00	%		$	500	$	498	$	500
	Moo Moo Cab Co ##	Term Loan		08/14/13		08/14/16		1		*			4.00	%		$	480	$	476	$	478
	Musanour Cab Inc ##	Term Loan		09/27/13		09/27/18		1		*			5.25	%		$	480	$	476	$	478
	Blue Valentine Cab Corp	Term Loan		04/10/13		04/10/16		1		*			4.00	%		$	475	$	468	$	469
	Tumblin Dice Taxi Inc	Term Loan		04/10/13		04/10/16		1		*			4.00	%		$	475	$	468	$	469
	Grapevine Taxi LLC ##	Term Loan		10/10/13		10/10/16		1		*			4.25	%		$	320	$	319	$	321
	Little Wing Cab Corp	Term Loan		04/10/13		04/10/16		1		*			4.00	%		$	319	$	314	$	315
	American Buffalo Cab Corp	Term Loan		04/10/13		04/10/16		1		*			4.00	%		$	317	$	312	$	313
	Dome Cab Corp ##	Term Loan		08/29/13		08/29/16		1		*			5.00	%		$	300	$	298	$	300
	Valasia Cab Co ##	Term Loan		01/18/12		01/18/15		1		*			5.00	%				$	268	$	267
	C Dortch Inc ##	Term Loan		12/04/13		12/04/16		1		*			4.25	%		$	265	$	265	$	267
	Taxi For Less Inc	Term Loan		05/06/13		05/06/17		1		*			5.25	%		$	265	$	262	$	264
	Chicago Seven Inc/Mbnk	Term Loan		07/19/12		07/19/15		1		*			7.25	%				$	255	$	255
	Karbala Express Inc ##	Term Loan		02/26/13		02/26/18		1		*			6.00	%		$	250	$	246	$	246
	Taxi For Less Inc ##	Term Loan		09/20/12		09/20/16		1		*			5.25	%				$	244	$	244
	Les & Thera LLC	Term Loan		05/08/13		05/08/17		1		*			5.25	%		$	245	$	242	$	244
	Zeyrefda Inc ##	Term Loan		05/17/13		05/17/18		1		*			5.50	%		$	245	$	241	$	243
	Nakfa Corp ##	Term Loan		06/17/13		06/17/18		1		*			4.88	%		$	245	$	241	$	243
	Tekezze Inc	Term Loan		12/11/13		12/11/18		1		*			5.00	%		$	240	$	240	$	242
	Adom Enterprise, Inc ##	Term Loan		09/27/13		09/27/18		1		*			5.25	%		$	240	$	239	$	241
	Tad Taxi Co ##	Term Loan		11/13/13		11/13/18		1		*			5.00	%		$	240	$	239	$	241
	Interwoodex Inc ##	Term Loan		11/07/13		11/07/18		1		*			5.00	%		$	240	$	239	$	241
	Shere Corp ##	Term Loan		07/26/13		07/26/18		1		*			5.25	%		$	240	$	238	$	240
	Tahoora Transportation Inc. ##	Term Loan		07/26/13		07/26/18		1		*			5.25	%		$	240	$	238	$	240
	Aniba Management & Services In ##	Term Loan		09/27/13		09/27/18		1		*			5.25	%		$	240	$	238	$	240
	Helen Habte Corp ##	Term Loan		10/01/13		10/01/18		1		*			5.25	%		$	240	$	238	$	240
	Alex Z Cab Corp	Term Loan		04/22/13		04/22/18		1		*			5.50	%		$	240	$	236	$	238
	Asmara Inc ##	Term Loan		04/11/13		04/11/18		1		*			5.50	%		$	240	$	236	$	238
	Three Kids Corp	Term Loan		04/15/13		04/15/18		1		*			5.50	%		$	236	$	232	$	234
	Nike Yomi Inc ##	Term Loan		08/06/13		08/06/18		1		*			5.25	%		$	233	$	232	$	234
	Nour Enterprise Inc ##	Term Loan		09/16/13		09/16/18		1		*			5.75	%		$	230	$	228	$	230
	Yenemekoya Inc ##	Term Loan		06/28/13		06/28/18		1		*			5.25	%		$	225	$	222	$	224
	Showcase Sports Management Cor ##	Term Loan		01/22/10		01/11/16		1		*			5.00	%				$	223	$	222
	Alkarim Chicago Inc ##	Term Loan		11/27/13		11/27/18		1		*			5.50	%		$	220	$	219	$	221
	Rahel Express Inc	Term Loan		12/27/13		12/27/18		1		*			5.25	%		$	205	$	205	$	207
	Jiffy Cab Co ##	Term Loan		08/29/13		08/29/16		1		*			5.00	%		$	200	$	199	$	201
	Pireas Taxi Corp ##	Term Loan		06/07/13		06/07/16		1		*			4.50	%		$	200	$	198	$	200
	Life Cab Corp ##	Term Loan		09/18/13		09/18/18		1		*			5.25	%		$	193	$	192	$	194
	Kalib 2010 Inc ##	Term Loan		07/16/13		07/16/17		1		*			5.50	%		$	180	$	178	$	180
	Naneffe Inc ##	Term Loan		03/15/13		03/15/18		1		*			5.50	%		$	177	$	174	$	175
	Alem B Cab Inc ##	Term Loan		01/22/13		01/22/18		1		*			5.50	%		$	177	$	172	$	173
	Annabelle Cab Corporation ##	Term Loan		07/30/12		07/30/16		1		*			5.75	%				$	172	$	172
	Tedom Inc	Term Loan		10/29/12		10/29/17		1		*			5.50	%				$	168	$	170
	Adi Express Inc ##	Term Loan		09/21/12		09/21/17		1		*			5.75	%				$	165	$	166
	Wubshet Inc ##	Term Loan		09/25/13		09/25/18		1		*			5.25	%		$	160	$	159	$	161
	Semhar Corp ##	Term Loan		01/31/12		01/31/17		1		*			5.50	%				$	157	$	157

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Significant Trans Inc ##	Term Loan		04/06/12		04/06/17		1		*			6.50	%					$	156	$	157
	Harris 6741 Inc	Term Loan		03/02/11		03/02/16		1		*			5.50	%					$	145	$	146
	Jpg Cab Corp	Term Loan		04/23/12		04/23/17		1		*			6.50	%					$	143	$	144
	Sabina Cab Inc	Term Loan		04/19/13		04/19/18		1		*			5.50	%			$	140	$	137	$	139
	Asmara Cab Company ##	Term Loan		12/01/11		12/01/16		1		*			6.00	%					$	131	$	132
	Ultra Investment Corp ##	Term Loan		03/22/11		03/22/16		1		*			6.50	%					$	127	$	127
	Antar Trans Inc	Term Loan		04/23/13		04/23/18		1		*			5.50	%			$	124	$	122	$	124
	Delina Cab Inc	Term Loan		01/22/13		01/22/18		1		*			5.50	%			$	125	$	120	$	122
	Bedford Cab Two Corp	Term Loan		07/30/10		03/14/16		1		*			4.50	%					$	117	$	117
	Imc Cab Corp	Term Loan		08/27/10		03/14/16		1		*			4.50	%					$	115	$	115
	Moses J Frank	Term Loan		04/26/13		04/26/18		1		*			7.00	%			$	107	$	106	$	108
	Yemi Taxi Corp ##	Term Loan		08/01/13		08/01/18		1		*			5.25	%			$	100	$	98	$	100
	Tigray Cab Inc	Term Loan		03/28/13		03/28/18		1		*			5.50	%			$	95	$	92	$	94
	Paik Cab Co	Term Loan		05/26/10		05/26/15		1		*			8.50	%					$	93	$	93
	Measho Cab Corp	Term Loan		06/16/11		06/16/16		1		*			5.50	%					$	91	$	92
	Addis Flower Taxi Cab Service	Term Loan		05/23/11		05/23/16		1		*			6.50	%					$	80	$	81
	Sny Cab Inc ##	Term Loan		12/14/11		12/14/16		1		*			6.00	%					$	75	$	76
	Tyrone Henderson	Term Loan		06/25/13		06/25/18		1		*			7.25	%			$	68	$	67	$	69
	Any Cab Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	1,260	$	64	$	65
	Deka Cab Corp (Chicago)	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	1,050	$	54	$	55
	Hudson Cab Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	1,050	$	54	$	55
	Tribeca Three Cab Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	840	$	43	$	44
	Deka Three Cab Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	840	$	43	$	44
	Santorini Two Cab Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	840	$	43	$	44
	Laight Taxi Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	840	$	41	$	42
	Madison Cab Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	840	$	41	$	42
	Francis King Boat Inc	Term Loan		04/17/13		04/17/18		1		*			5.50	%			$	40	$	36	$	38
	Ali Taxi Corp ##	Term Loan		08/13/13		08/13/18		1		*			5.25	%			$	35	$	34	$	36
	Greenwich Cab Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	630	$	32	$	33
	Any Cab Two Corp	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	420	$	22	$	23
	St Petersburg Taxi LLC	Term Loan		05/09/13		05/09/16		1		*			3.75	%			$	420	$	21	$	22
	Mai Sheka Inc	Term Loan		06/27/11		06/27/16		1		*			5.50	%					$	18	$	19
Newark								106		8	%		5.58	%	$	0	$	13,103	$	21,681	$	21,792
	Rachel LLC	Term Loan		04/25/13		04/25/18		1		*			5.25	%			$	743	$	732	$	732
	K And N Taxi LLC	Term Loan		09/26/13		09/26/16		1		*			4.80	%			$	650	$	647	$	649
	A.M.E. Transit Limited Liabili ##	Term Loan		01/10/13		01/10/18		1		*			5.25	%			$	600	$	589	$	588
	Saintvillien & Larochelle LLC	Term Loan		11/14/13		11/14/18		1		*			4.90	%			$	350	$	349	$	351
	P.C. Taxi Corp	Term Loan		06/13/13		06/13/17		1		*			6.00	%			$	317	$	313	$	315
	Clair 282 LLC ##	Term Loan		09/12/13		09/12/17		1		*			5.00	%			$	310	$	308	$	310
	Cmgv #2 Taxi Inc ##	Term Loan		12/12/13		12/12/16		1		*			4.75	%			$	300	$	300	$	301
	Carvin Taxi Inc ##	Term Loan		12/12/13		12/12/16		1		*			4.75	%			$	300	$	300	$	301
	Dern #2 Taxi Inc	Term Loan		12/12/13		12/12/16		1		*			4.75	%			$	300	$	300	$	301
	1 Hope LLC	Term Loan		09/26/13		09/26/17		1		*			5.50	%			$	300	$	299	$	301
	Romise Taxi LLC	Term Loan		04/25/13		04/25/18		1		*			5.25	%			$	300	$	296	$	298
	Bidon Taxi Inc ##	Term Loan		11/14/13		11/14/17		1		*			5.25	%			$	297	$	296	$	298
	Lagrande Taxi Corp ##	Term Loan		02/14/13		02/14/17		1		*			5.50	%			$	300	$	296	$	297
	Owned By Mr Vincent LLC	Term Loan		01/10/13		01/10/17		1		*			5.50	%			$	300	$	295	$	297
	B Gene And Fil LLC	Term Loan		01/10/13		01/10/17		1		*			5.25	%			$	300	$	295	$	297
	Center Taxi LLC ##	Term Loan		08/15/13		08/15/17		1		*			5.50	%			$	296	$	293	$	295
	Hg & Zg Corporation	Term Loan		10/25/12		10/25/17		1		*			5.25	%					$	285	$	286
	Dorvilma LLC ##	Term Loan		02/14/13		02/14/16		1		*			5.25	%			$	290	$	285	$	285
	Magdala Corp ##	Term Loan		08/16/13		08/16/17		1		*			5.25	%			$	283	$	281	$	281
	Aspil Taxi #2 Corp	Term Loan		12/12/13		12/12/17		1		*			4.50	%			$	280	$	280	$	281
	United Seven Trans Inc	Term Loan		06/14/12		06/14/17		1		*			5.75	%					$	278	$	280
	One At A Time Time Transport I ##	Term Loan		09/20/12		09/20/16		1		*			5.25	%					$	279	$	279
	Jovin Taxi Inc ##	Term Loan		01/10/13		01/10/17		1		*			5.00	%			$	280	$	275	$	277
	Levangile Milcent ##	Term Loan		12/13/12		12/13/16		1		*			5.25	%					$	277	$	275
	Maitre Joa LLC	Term Loan		09/12/13		09/12/17		1		*			5.25	%			$	274	$	272	$	274
	Simone Francois ##	Term Loan		04/25/13		04/25/17		1		*			5.50	%			$	273	$	269	$	271
	Mido Taxi Inc ##	Term Loan		10/25/12		10/25/16		1		*			5.25	%					$	270	$	270
	Kesh & Kelo LLC ##	Term Loan		04/25/13		04/25/17		1		*			5.00	%			$	275	$	267	$	269
	Hg & Zg Corporation	Term Loan		10/25/12		10/25/17		1		*			5.25	%					$	266	$	267

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest	Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Three Sons 2 Taxi Inc ##	Term Loan		05/09/13		05/09/17		1		*		5.50	%		$	264	$	259	$	261
	St Abraam Corp	Term Loan		04/25/13		04/22/18		1		*		5.00	%		$	260	$	255	$	256
	Alix Junior Exavier LLC ## &	Term Loan		05/09/13		05/09/17		1		*		5.25	%		$	255	$	252	$	253
	Rowfida Incorporated ##	Term Loan		12/12/13		12/12/17		1		*		4.75	%		$	250	$	250	$	252
	Timax 426 Inc	Term Loan		11/14/13		11/14/17		1		*		5.25	%		$	250	$	249	$	251
	Les & Thera Transportation LLC	Term Loan		07/12/13		07/12/17		1		*		5.25	%		$	249	$	246	$	248
	Sonson Taxi Inc ##	Term Loan		10/25/12		10/25/17		1		*		5.50	%				$	243	$	244
	Luckner Etienne ##	Term Loan		10/25/12		10/25/16		1		*		5.50	%				$	242	$	243
	T-Bozo Trans LLC	Term Loan		04/25/13		04/25/17		1		*		5.25	%		$	245	$	240	$	242
	Grec Taxi Corp	Term Loan		12/08/11		12/08/15		1		*		6.00	%				$	237	$	238
	Anasta.S. Taxi LLC	Term Loan		04/25/13		04/25/17		1		*		5.25	%		$	236	$	231	$	233
	Wilner Novaly	Term Loan		08/12/10		07/22/14		1		*		7.50	%				$	231	$	231
	M.K. Taxi Inc	Term Loan		04/14/11		04/14/15		1		*		6.75	%				$	230	$	231
	Rosemond Mathurin ##	Term Loan		12/13/12		12/13/17		1		*		5.25	%				$	230	$	231
	Mpaul 596 LLC	Term Loan		04/25/13		04/25/17		1		*		5.25	%		$	230	$	227	$	229
	Ekny Fils-Aime ##	Term Loan		10/17/11		10/17/16		1		*		6.25	%				$	226	$	227
	Jacob Joseph	Term Loan		04/25/13		04/25/17		1		*		5.00	%		$	230	$	224	$	226
	Zoune Taxi #2 Inc ##	Term Loan		01/10/13		01/10/17		1		*		5.75	%		$	230	$	224	$	226
	S.J.L.T Joujean Inc	Term Loan		03/15/12		03/15/16		1		*		6.00	%				$	221	$	222
	Dmd Taxi LLC	Term Loan		09/26/13		09/26/17		1		*		4.75	%		$	220	$	218	$	220
	Erick Fleuridor	Term Loan		07/19/12		07/19/15		1		*		5.50	%				$	215	$	216
	Boss Carmel Taxi Inc ##	Term Loan		11/14/13		11/14/17		1		*		5.50	%		$	213	$	213	$	215
	Joseph Duverneau ##	Term Loan		02/17/11		02/17/15		1		*		7.00	%				$	209	$	209
	Joseph And Jamar Inc ##	Term Loan		10/07/10		10/07/14		1		*		7.50	%				$	206	$	206
	Semsema Trans Corporation	Term Loan		05/17/12		05/17/17		1		*		6.00	%				$	204	$	206
	Chavensky Cab Inc	Term Loan		12/12/13		12/12/17		1		*		5.00	%		$	200	$	200	$	202
	Stany Inc	Term Loan		05/12/11		05/12/15		1		*		6.75	%				$	200	$	201
	United Seven Trans Inc	Term Loan		06/14/12		06/14/17		1		*		5.75	%				$	196	$	198
	Thomas Lahens	Term Loan		07/11/13		07/11/17		1		*		4.90	%		$	195	$	191	$	192
	Herve Dameus & James Dameus ##	Term Loan		01/25/11		01/20/15		1		*		7.50	%				$	187	$	187
	Micheline Luxeus ##	Term Loan		12/13/12		12/13/17		1		*		5.50	%				$	185	$	186
	Mfc Taxi Corp ##	Term Loan		09/20/11		09/19/16		1		*		6.50	%				$	185	$	185
	Chell 11 Corp	Term Loan		08/12/10		08/05/14		1		*		7.00	%				$	183	$	183
	Serge Previlon LLC	Term Loan		08/15/13		08/15/18		1		*		5.25	%		$	182	$	179	$	181
	Erick Fleuridor	Term Loan		10/25/12		10/25/16		1		*		5.50	%				$	177	$	179
	Marie Jeanne Philemon	Term Loan		07/07/11		07/07/15		1		*		6.50	%				$	173	$	174
	Just 8 Taxi #2 Inc ##	Term Loan		09/20/11		09/19/15		1		*		6.00	%				$	169	$	169
	Cassandra & Joseph Sejour Inc	Term Loan		04/09/10		04/09/14		1		*		7.75	%				$	167	$	167
	Monise Lubintus	Term Loan		12/12/13		12/12/17		1		*		4.50	%		$	166	$	166	$	167
	Saintilia Charles ##	Term Loan		09/13/10		09/13/14		1		*		7.50	%				$	165	$	165
	Adieula Figaro ##	Term Loan		10/06/11		10/06/15		1		*		6.00	%				$	160	$	160
	Charata Taxi Inc	Term Loan		12/12/13		12/12/17		1		*		4.50	%		$	158	$	158	$	160
	Pierre Family 084 LLC	Term Loan		07/12/13		07/12/17		1		*		5.00	%		$	160	$	155	$	157
	A.N.T.K. LLC	Term Loan		04/25/13		04/25/18		1		*		5.50	%		$	156	$	153	$	155
	Saintvillien & Larochelle LLC	Term Loan		11/14/13		11/14/18		1		*		4.63	%		$	152	$	151	$	153
	Antoines Dortin ##	Term Loan		08/12/10		08/12/14		1		*		7.50	%				$	148	$	148
	R & Z Trans Service Inc	Term Loan		01/10/13		01/10/23		1		*		5.00	%		$	160	$	145	$	147
	Ahmad Taxi Inc	Term Loan		06/09/11		06/09/16		1		*		6.75	%				$	144	$	145
	424 Taxi LLC	Term Loan		01/20/12		01/20/17		1		*		7.00	%				$	143	$	144
	Forward Taxi Corp	Term Loan		03/15/12		03/15/17		1		*		6.00	%				$	139	$	141
	Charles Agesilas ##	Term Loan		07/10/09		07/10/14		1		*		7.50	%				$	139	$	138
	Yves Frantz Philemon	Term Loan		01/20/11		01/20/15		1		*		7.50	%				$	129	$	130
	Renelus Dieujuste ##	Term Loan		12/03/09		11/13/14		1		*		5.25	%				$	129	$	128
	0127 Incorporated ##	Term Loan		07/19/12		07/19/16		1		*		5.50	%				$	127	$	128
	Cosmos 2 Taxi Corporation ##	Term Loan		11/14/13		11/14/18		1		*		5.00	%		$	124	$	123	$	125
	Alhayat Taxi Inc	Term Loan		02/14/13		02/14/17		1		*		5.00	%		$	131	$	124	$	123
	Olga Morales	Term Loan		03/15/12		03/15/16		1		*		6.00	%				$	116	$	117
	Hercule Jean-Baptiste	Term Loan		06/13/13		06/13/17		1		*		5.00	%		$	116	$	112	$	114
	E-Z-4-U Inc	Term Loan		01/19/12		01/19/16		1		*		6.00	%				$	107	$	108
	Don Taxi Corp ##	Term Loan		09/02/10		09/02/14		1		*		7.50	%				$	105	$	105
	Louibert Julien	Term Loan		06/19/09		06/19/14		1		*		7.00	%				$	104	$	104
	Gerald Jean-Louis ##	Term Loan		04/25/13		04/25/17		1		*		5.25	%		$	103	$	101	$	103
	Clameus Estimable	Term Loan		05/06/10		05/06/14		1		*		7.50	%				$	87	$	87

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
	Praise The Lord Taxi Inc	Term Loan		05/20/11		05/20/15		1		*			6.75	%					$	85	$	86
	Gethsemane Inc	Term Loan		02/27/09		02/27/14		1		*			7.68	%					$	85	$	85
	Pola Trans Inc ##	Term Loan		07/19/12		07/19/17		1		*			5.50	%					$	80	$	80
	Mr Clean Sdam Taxi LLC	Term Loan		06/09/11		06/09/15		1		*			6.75	%					$	78	$	79
	Pierre Sterling	Term Loan		01/19/12		01/19/17		1		*			6.00	%					$	61	$	62
	Pegy Taxi Corp	Term Loan		02/17/11		02/17/17		1		*			6.50	%					$	61	$	62
	Reyes Okoroagu ##	Term Loan		11/14/13		11/14/17		1		*			4.75	%			$	50	$	50	$	52
	Webert Joseph	Term Loan		02/17/11		02/17/17		1		*			6.50	%					$	49	$	50
	Jean Belony	Term Loan		06/09/11		06/09/16		1		*			6.50	%					$	42	$	43
	Saeiid LLC	Term Loan		09/06/11		09/06/16		1		*			6.25	%					$	37	$	38
	100 Taxi #2 Corp	Term Loan		07/25/08		07/25/15		1		*			8.00	%					$	32	$	32
	Abanob Trans Inc	Term Loan		06/14/07		06/14/14		1		*			8.00	%					$	12	$	12
	Graciela Carbajal	Term Loan		05/10/07		05/10/14		1		*			8.00	%					$	6	$	6
	Marie C Taxi Inc	Term Loan		04/12/07		04/12/14		1		*			8.00	%					$	7	$	7
Boston								53		9	%		4.91	%	$	0	$	11,642	$	23,622	$	23,656
	Chiso Trans Inc	Term Loan		11/26/13		11/26/16		1		*			4.25	%	$	0	$	845	$	845	$	847
	Chiso Trans Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0			$	599	$	600
	Sasun Cab Inc	Term Loan		02/20/13		02/20/16		1		*			4.50	%	$	0	$	975	$	951	$	953
	Southside Enterprises Inc ##	Term Loan		12/28/12		12/28/16		1		*			4.00	%	$	0			$	903	$	901
	Mish Inc ##	Term Loan		12/28/12		12/28/16		1		*			4.00	%	$	0			$	901	$	899
	Johnson Holdings Inc	Term Loan		07/23/13		07/23/16		1		*			4.25	%	$	0	$	790	$	783	$	785
	Chidi Trans Inc ##	Term Loan		11/17/11		11/17/14		1		*			6.00	%	$	0			$	680	$	678
	Ngozi Trans Inc.	Term Loan		12/31/12		12/31/15		1		*			4.50	%	$	0			$	641	$	643
	Chidi Trans Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0			$	634	$	635
	Arinze Trans Inc	Term Loan		02/05/10		02/05/16		1		*			4.25	%	$	0			$	595	$	595
	Arinze Trans Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0			$	593	$	594
	Margo Cab Inc ##	Term Loan		01/16/13		01/16/16		1		*			4.00	%	$	0	$	650	$	573	$	572
	Chenal Cab Inc	Term Loan		12/03/13		12/03/16		1		*			5.00	%	$	0	$	550	$	550	$	552
	Britney Cab Inc	Term Loan		12/18/13		12/18/16		1		*			5.00	%	$	0	$	550	$	550	$	552
	Farb Inc ##	Term Loan		02/20/13		02/20/16		1		*			5.13	%	$	0	$	550	$	542	$	541
	Jason Cab Inc ##	Term Loan		03/15/13		03/15/16		1		*			4.88	%	$	0	$	530	$	518	$	520
	Memory Cab Company Inc ##	Term Loan		01/14/11		01/14/14		1		*			6.25	%	$	0			$	518	$	516
	Gabriel Trans Holdings Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0			$	511	$	512
	B&M Cab Inc ##	Term Loan		12/20/13		12/20/16		1		*			4.13	%	$	0	$	500	$	500	$	500
	Myra Inc	Term Loan		08/12/13		08/12/16		1		*			5.75	%	$	0	$	500	$	497	$	499
	Saint Inc	Term Loan		08/12/13		08/12/16		1		*			5.75	%	$	0	$	500	$	497	$	499
	S.P.B. Taxi Inc	Term Loan		09/18/13		09/18/16		1		*			5.75	%	$	0	$	500	$	497	$	499
	Bailey Cab Inc ##	Term Loan		11/09/12		11/09/15		1		*			5.50	%	$	0			$	495	$	496
	Ruth Cab Inc	Term Loan		11/26/13		11/26/16		1		*			4.25	%	$	0	$	470	$	470	$	472
	Odat Taxi, Inc. ##	Term Loan		03/07/13		03/07/16		1		*			5.50	%	$	0	$	480	$	471	$	471
	Theo Cab Inc ##	Term Loan		03/07/13		03/07/16		1		*			5.50	%	$	0	$	480	$	471	$	471
	Tomorrow’S Tree Inc	Term Loan		10/08/13		10/08/18		1		*			4.25	%	$	0	$	465	$	464	$	466
	Dadou Cab Inc	Term Loan		11/16/12		11/16/15		1		*			5.38	%	$	0			$	455	$	457
	Joyful Ride Inc ##	Term Loan		12/28/12		12/28/16		1		*			4.00	%	$	0			$	450	$	450
	P&P Dumerant Corp ##	Term Loan		10/25/13		10/25/16		1		*			4.25	%	$	0	$	450	$	448	$	450
	Eldali Transportation Inc	Term Loan		11/09/12		11/26/16		1		*			4.25	%	$	0			$	448	$	448
	Jv Taxi Inc ##	Term Loan		03/15/13		03/15/16		1		*			4.75	%	$	0	$	450	$	440	$	440
	Djbell Love Inc ##	Term Loan		09/27/12		09/27/15		1		*			5.00	%	$	0			$	425	$	424
	H And H Taxi Inc ##	Term Loan		10/11/13		10/11/16		1		*			4.25	%	$	0	$	385	$	383	$	385
	Ngozi Trans Inc. ##	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0			$	356	$	355
	Jesus Denis Cab Inc	Term Loan		03/22/13		03/22/16		1		*			4.50	%	$	0	$	355	$	347	$	349
	Jmf Cab Inc ##	Term Loan		03/27/12		03/27/15		1		*			5.70	%	$	0			$	341	$	340
	Urzal Taxi Inc	Term Loan		07/29/13		07/29/16		1		*			4.25	%	$	0	$	335	$	331	$	333
	Ngozi Trans Inc.	Term Loan		12/31/12		12/31/15		1		*			4.50	%	$	0			$	321	$	323
	Shemarjamalie Cab Inc ##	Term Loan		02/17/12		02/17/15		1		*			6.15	%	$	0			$	319	$	320
	Boband Cab Inc ##	Term Loan		11/06/12		11/06/15		1		*			4.75	%	$	0			$	294	$	293
	Louine Cab Inc	Term Loan		11/30/12		11/30/15		1		*			4.50	%	$	0			$	291	$	293
	Sarhad Coach Inc	Term Loan		07/23/13		05/25/16		1		*			4.00	%	$	0	$	292	$	288	$	290
	Jre Taxi Inc ##	Term Loan		08/26/11		08/26/14		1		*			6.00	%	$	0			$	282	$	281
	Phatricksey Cab Inc ##	Term Loan		07/14/11		07/14/14		1		*			5.50	%	$	0			$	259	$	258
	Chardon Taxi Inc	Term Loan		10/20/11		10/20/14		1		*			6.75	%	$	0			$	251	$	252
	Stanley & Rachelle Cab Inc	Term Loan		05/23/11		05/23/14		1		*			6.00	%	$	0			$	174	$	174

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)		Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
		Dabola Cab Inc ##	Term Loan		11/10/11		11/10/14		1		*			5.50	%	$	0			$	174	$	174
		Mwinkteana Cab Inc ##	Term Loan		05/10/11		05/10/14		1		*			6.00	%	$	0			$	157	$	157
		Kena Cab Inc	Term Loan		11/06/12		11/06/15		1		*			4.75	%	$	0			$	75	$	76
		Sasun Cab Inc	Term Loan		02/20/13		02/20/16		1		*			4.50	%	$	0	$	40	$	36	$	38
		Sunshine Cab Inc ##	Term Loan		06/12/07		06/12/18		1		*			5.00	%	$	0			$	22	$	22
		Marthine Cab Inc	Term Loan		09/17/10		09/17/14		1		*			6.25	%	$	0			$	6	$	6
Cambridge									14		2	%		5.06	%	$	0	$	3,850	$	6,008	$	6,043
		Gcf Taxi Inc, Et Al	Term Loan		12/30/13		12/30/16		1		1	%		6.00	%	$	0	$	1,398	$	1,397	$	1,417
		Gcf Taxi Inc	Term Loan		10/08/13		10/08/18		1		*			4.00	%	$	0	$	670	$	667	$	669
		Andrew Cab Inc And Saad Inc	Term Loan		03/29/13		03/29/16		1		*			4.88	%	$	0	$	425	$	417	$	419
		Patrick Cab Inc And Saad Inc	Term Loan		03/29/13		03/29/16		1		*			4.88	%	$	0	$	425	$	416	$	418
		Hope-Lynn Cabworks Inc ##	Term Loan		03/22/13		03/22/16		1		*			4.00	%	$	0	$	400	$	391	$	391
		Lynn Maha Taxi Inc	Term Loan		05/13/13		05/13/16		1		*			5.00	%	$	0	$	382	$	378	$	380
		Mgf Taxi Inc	Term Loan		05/06/11		05/06/14		1		*			6.50	%	$	0			$	365	$	365
		Desdunes Cab Inc	Term Loan		09/21/12		09/21/15		1		*			5.00	%	$	0			$	340	$	341
		Drumman Trans Inc	Term Loan		12/07/12		12/07/15		1		*			4.50	%	$	0			$	338	$	340
		Sam Taxi Inc	Term Loan		03/19/10		03/10/16		1		*			4.25	%	$	0			$	300	$	300
		Marcia And Everton Cab Inc ##	Term Loan		11/09/12		11/09/15		1		*			4.00	%	$	0			$	289	$	289
		Walger Inc	Term Loan		01/26/12		01/26/15		1		*			5.50	%	$	0			$	281	$	282
		Raad Taxi Inc	Term Loan		06/26/12		06/26/15		1		*			5.50	%	$	0			$	278	$	279
		Taxi Technology Inc ##	Term Loan		12/11/13		12/11/16		1		*			5.00	%	$	0	$	150	$	151	$	153
Other									12		0	%		6.52	%	$	0	$	860	$	1,178	$	1,184
		Komboya Trans Inc	Term Loan		04/23/13		04/23/16		1		*			5.25	%	$	0	$	267	$	264	$	266
		Tjp Inc ##	Term Loan		02/22/13		02/22/16		1		*			5.25	%	$	0	$	250	$	246	$	247
		Wiljean Marcelin &	Term Loan		08/21/13		09/01/23		1		*			6.75	%	$	0	$	171	$	171	$	173
		Jean C Mathurin/Norcal	Term Loan		01/15/13		02/01/18		1		*			8.50	%	$	0	$	172	$	167	$	167
		Hantin Trans/Aventura Taxi	Term Loan		06/16/10		06/16/17		1		*			8.25	%	$	0			$	115	$	116
		Zelalem S. Alemu	Term Loan		04/28/08		04/28/18		1		*			5.00	%	$	0			$	90	$	89
		Getrot Michel	Term Loan		03/07/08		03/23/14		1		*			7.75	%	$	0			$	46	$	46
		Elzira & Luc Cab Inc.	Term Loan		08/17/10		02/17/18		1		*			8.25	%	$	0			$	38	$	38
		Elysse Corporation	Term Loan		09/10/10		03/10/18		1		*			8.25	%	$	0			$	25	$	26
		Oddy Transportation Services I	Term Loan		11/26/07		11/27/14		1		*			8.00	%	$	0			$	7	$	7
		Odney Cab Inc/Mbank	Term Loan		12/22/10		12/22/15		1		*			11.50	%	$	0			$	7	$	7
		Durosier Xavier/Mbank	Term Loan		08/16/10		07/01/15		1		*			7.25	%	$	0			$	2	$	2
Total medallion loans ($233,789 pledged as collateral under borrowing arrangements)									654		109	%		4.02	%	$	0	$	195,973	$	297,618	$	297,861
Commercial Loans
Secured mezzanine (29% Minnesota, 10% North Carolina, 9% New York, 9% Oklahoma, 8% Texas,
7% Wisconsin, 6% Delaware, 6% Arizona, 4% Florida, 4% California, 4% Tennessee and 4% all other states)(2)
Manufacturing (56% of the total)	+	Bluff Manufacturing (interest rate includes PIK interest of 3.50%)	Term Loan		12/14/12		12/14/17		1		1	%		15.50	%	$	0			$	3,000	$	3,009
		Quaker Bakery (interest rate includes PIK interest of 5.00%)	Term Loan		03/28/12		03/28/17		1		1	%		17.00	%	$	243			$	2,843	$	2,834
		American Cylinder (interest rate includes PIK interest of 5.00%)	Term Loan		07/03/13		01/03/18		1		1	%		17.00	%	$	38	$	1,500	$	1,538	$	1,538
		American Cylinder	Term Loan		07/03/13		07/03/17		1		*			10.00	%	$	0	$	800	$	800	$	796
	+	Packaging Specialists (interest rate includes PIK interest of 6.00%)	Term Loan		04/01/08		12/31/14		1		1	%		14.00	%	$	224			$	2,214	$	2,214
		Dynamic Systems (interest rate includes PIK interest of 3.50%)	Term Loan		12/23/10		12/23/17		1		1	%		15.50	%	$	100			$	1,925	$	1,925
	+	PACA Foods &	Term Loan		12/31/10		12/31/15		1		1	%		13.00	%	$	0			$	2,375	$	1,774
		Process Fab & (interest rate includes PIK interest of 8.00%)	Term Loan		04/17/08		12/31/15		1		1	%		8.00	%	$	0			$	4,500	$	1,590
	+	RespirTech	Term Loan		04/25/12		04/25/17		1		1	%		12.00	%	$	0			$	1,500	$	1,507
		Orchard &	Term Loan		03/10/99		03/31/10		1		1	%		13.00	%	$	0			$	1,390	$	1,390
	+	Door Engineering	Term Loan		12/15/04		12/31/14		1		*			13.00	%	$	0			$	1,050	$	1,046
	+	Storflex (interest rate includes PIK interest of 2.00%)	Term Loan		07/17/12		07/17/17		1		*			14.00	%	$	0			$	1,000	$	1,010
	+	Waltek &	Term Loan		03/31/06		03/31/14		1		*			12.00	%	$	20			$	992	$	992
	+	DMI Acquisition (interest rate includes PIK interest of 2.00%)	Term Loan		06/22/12		06/22/15		1		*			14.00	%	$	20			$	645	$	651

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)		Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
Information (14% of the total)		US Internet	Term Loan		06/12/13		06/12/20		1		1	%		14.50	%	$	0	$	3,000	$	3,000	$	3,019
		Centare (interest rate includes PIK interest of 2.00%)	Term Loan		08/30/13		08/30/18		1		1	%		14.00	%	$	0	$	2,500	$	2,500	$	2,482
Arts, Entertainment, and Recreation (10% of the total)		RPAC Racing (interest rate includes PIK interest of 10.00%)	Term Loan		11/19/10		11/19/15		1		2	%		10.00	%	$	1,091			$	4,131	$	4,131
Administrative and Support Services (9% of the total)		Staff One &	Term Loan		06/30/08		03/31/15		1		1	%		3.00	%	$	0			$	2,964	$	2,964
		Staff One &	Term Loan		09/15/11		03/31/15		1		*			3.00	%	$	0			$	485	$	485
		Ecological Systems (ESI) &	Term Loan		01/14/05		01/14/10		1		*			0.00	%	$	44			$	628	$	43
Professional, Scientific, and Technical Services (6% of the total)	+	Portu-Sunberg	Term Loan		12/31/12		12/31/17		1		1	%		12.00	%	$	0			$	2,500	$	2,511
		McCaully &	Term Loan		10/26/11		11/01/14		1		*			10.00	%	$	46			$	46	$	46
Health Care and Social Assistance (2% of the total)	+	Will Vision &	Term Loan		06/28/07		06/30/17		1		*			7.00	%	$	0			$	1,078	$	760
Accommodation and Food Services (2% of the total)		Javier & David &	Term Loan		11/05/10		11/05/15		1		*			9.25	%	$	0			$	520	$	518
		Star &	Term Loan		06/30/00		10/01/15		1		*			10.00	%	$	0			$	958	$	59
		Multiconcepts &	Term Loan		06/30/00		10/01/15		1		*			10.00	%	$	0			$	1,051	$	53
Retail Trade (1% of the total)		Retail &	Term Loan		06/30/00		10/01/15		1		*			10.00	%	$	0			$	467	$	91
Total secured mezzanine(2)									27		14	%		11.69	%	$	1,826	$	7,800	$	46,100	$	39,438
Asset-based (74% New York, 20% New Jersey and 6% all other states)
Wholesale Trade (59% of the total)		Capitalsea, LLC ##	Revolving line of credit		11/07/05		11/07/14		1		1	%		4.50	%					$	2,902	$	2,799
		Newburg Egg Corp. ##	Revolving line of credit		03/16/99		03/16/14		1		*			6.00	%					$	345	$	334
		Atlantic Veal & Lamb, Inc. ##	Revolving line of credit		08/15/01		08/15/14		1		*			5.50	%					$	310	$	300
		REL International	Revolving line of credit		04/11/07		04/11/14		1		*			5.25	%					$	272	$	259
		Pride of Neptune, Inc. ##	Revolving line of credit		01/14/02		01/14/14		1		*			4.75	%					$	250	$	242
		Magic Moments &	Revolving line of credit		01/23/08		01/23/14		1		*			6.75	%					$	190	$	183
		Snow Shoe Refractories, LLC	Revolving line of credit		11/30/11		11/30/14		1		*			6.00	%					$	120	$	109
		Southstream Seafoods, Inc	Revolving line of credit		06/01/12		06/01/14		1		*			6.25	%					$	90	$	84
		Banner Smoked Fish, Inc. ##	Revolving line of credit		03/27/01		03/27/14		1		*			5.25	%					$	54	$	52
		Two Cousins Fish Market, Inc.	Revolving line of credit		01/23/99		01/23/14		1		*			5.25	%					$	23	$	22
		Benco Inc.	Revolving line of credit		11/06/13		11/06/14		1		*			6.25	%			$	26	$	32	$	35
Transportation and Warehousing (14% of the total)		Fleet Radio Dispatch Corp. ##	Revolving line of credit		12/31/01		12/31/14		1		*			6.00	%					$	765	$	740
		Chauffeured Services Unlimited &	Revolving line of credit		05/02/06		05/02/14		1		*			8.00	%					$	205	$	198
		Big Daddy Drayage, Inc.	Revolving line of credit		10/18/06		10/18/14		1		*			5.25	%					$	146	$	133
Retail Trade (11% of the total)		The Dependable Food Corp. ##	Revolving line of credit		10/19/98		10/19/14		1		*			4.75	%					$	460	$	445
		CNC Associated N.Y.	Revolving line of credit		07/24/01		07/24/14		1		*			5.75	%					$	170	$	164
		Cyrus R. Fox, Inc. ##	Revolving line of credit		08/31/06		08/31/14		1		*			5.75	%					$	149	$	136
		Colt, Inc.	Revolving line of credit		10/12/04		10/12/14		1		*			6.44	%					$	47	$	42
		I & E Tire Corp. ##	Revolving line of credit		12/21/98		12/21/14		1		*			5.75	%					$	26	$	25
Construction (6% of the total)		Triple A. Supplies, Inc. ##	Revolving line of credit		07/20/99		07/20/14		1		*			5.75	%					$	256	$	248
		Walsh Electrical Contracting	Revolving line of credit		02/26/13		02/26/14		1		*			6.25	%			$	363	$	144	$	142
		Mathusek, Incorporated	Revolving line of credit		07/23/13		07/23/14		1		*			6.75	%			$	10	$	28	$	32
Manufacturing (5% of the total)		Absecon Mills, Inc. ##	Revolving line of credit		07/07/04		07/07/14		1		*			6.25	%					$	210	$	197
		Douglass Industries, Inc. ##	Revolving line of credit		07/07/04		07/07/14		1		*			6.25	%					$	128	$	122
		Matthew Die Division LLC	Revolving line of credit		02/18/10		02/18/14		1		*			6.25	%					$	28	$	26
		JLM Couture Inc.	Revolving line of credit		06/22/10		06/22/14		1		*			5.75	%					$	11	$	8
		Fine Line Graphics, Inc.	Revolving line of credit		11/29/05		11/29/14		1		*			6.50	%					$	11	$	1

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2013 Acquisitions (5)		Cost (4)		Fair Value
Health Care and Social Assistance (2% of the total)	Mrs. Mary’s Place HCS Inc. ##	Revolving line of credit		10/02/07		10/02/14		1		*			5.75	%					$	125	$	109
	Heart to Heart Health Care	Revolving line of credit		11/09/12		11/09/14		1		*			5.82	%					$	48	$	43
Administrative and Support Services (2% of the total)	Raritan Building Service Corp	Revolving line of credit		06/30/07		06/30/14		1		*			5.50	%					$	159	$	151
Finance and Insurance (1% of the total)	RAS Group, Inc. &	Revolving line of credit		02/14/08		02/14/14		1		*			5.50	%					$	99	$	94
Total asset-based ($5,977 pledged as collateral under borrowing arrangements)								31		3	%		5.32	%	$	0	$	399	$	7,803	$	7,475
Other secured commercial (73% New York, 26% New Jersey, 1% Illinois)
Retail Trade (77% of the total)	Medallion Fine Art Inc (interest rate includes PIK interest of 12.00%)	Term Loan		12/17/12		12/17/17		1		2	%		12.00	%	$	376			$	5,977	$	5,977
	Guyonamar Food Corp	Term Loan		03/17/11		03/17/16		1		*			9.25	%					$	651	$	647
	Antonio Rosado	Term Loan		03/15/12		03/15/17		1		*			9.50	%					$	599	$	595
	La Conga Food Market Inc	Term Loan		10/09/12		01/09/20		1		*			9.00	%					$	542	$	537
	Anthony Supermarket LLC	Term Loan		04/02/13		07/02/18		1		*			9.00	%			$	500	$	467	$	463
	La Conga Meat Market Inc	Term Loan		12/17/13		03/17/20		1		*			9.00	%			$	400	$	400	$	396
	Ar Supermarket LLC	Term Loan		08/02/13		08/02/18		1		*			8.50	%			$	375	$	367	$	364
	616 Broadway LLC	Term Loan		02/10/11		12/17/14		1		*			8.50	%					$	322	$	323
	F.J.P. Meat Market Inc	Term Loan		02/06/12		09/06/17		1		*			9.50	%					$	286	$	285
	Drr Enterprises LLC	Term Loan		10/28/08		10/17/18		1		*			10.50	%					$	159	$	159
	Moderne Barn Wines&Spirits Inc	Term Loan		05/09/13		05/09/18		1		*			4.75	%			$	150	$	134	$	135
	New Era Meat Supermarket LLC	Term Loan		09/13/06		09/16/16		1		*			10.00	%					$	79	$	79
	Mi Favorita Food Corp &	Term Loan		08/13/09		12/26/14		1		*			9.25	%					$	51	$	51
	39-04 Skillman LLC & G&A Auto	Term Loan		08/04/11		08/04/14		1		*			6.00	%					$	46	$	46
	G&C Grocery Inc &	Term Loan		05/19/08		08/23/15		1		*			0.00	%					$	45	$	45
	Julio Castillo	Term Loan		08/18/08		03/03/15		1		*			9.50	%					$	39	$	39
Accommodation and Food Services (19% of the total)	Dune Deck Owners Corp ##	Term Loan		04/24/07		03/31/14		1		1	%		7.25	%					$	2,074	$	2,074
	Bistro Caterers Corporation	Term Loan		07/25/13		07/25/18		1		*			9.00	%			$	260	$	256	$	255
	El Tropico Family Rest Ii LLC &	Term Loan		11/29/05		03/18/14		1		*			7.50	%					$	278	$	219
	Pc One Inc	Term Loan		05/25/05		03/25/15		1		*			8.50	%					$	81	$	81
Real Estate and Rental and Leasing (2% of the total)	Rala Management	Term Loan		04/22/99		09/01/15		1		*			4.75	%					$	90	$	90
	Thursday Morning Inc	Term Loan		04/01/10		04/01/15		1		*			6.00	%					$	77	$	77
	T.P. Hon LLC	Term Loan		07/15/13		07/15/16		1		*			4.00	%			$	40	$	35	$	36
Other Services (except Public Administration) (1% of the total)	2617 S Wabash Ave Realty LLC	Term Loan		01/16/04		01/16/14		1		*			5.50	%					$	121	$	121
	Newco Laundry Systems I Inc	Term Loan		05/02/09		05/02/14		1		*			6.50	%					$	25	$	25
Health Care and Social Assistance (1% of the total)	Craig Feuerman M.D. P.C.	Term Loan		05/14/13		05/14/18		1		*			7.50	%			$	150	$	135	$	136
Total other secured commercial loans ($2,074 pledged as collateral under borrowing arrangements)								26		5	%		9.89	%	$	376	$	1,875	$	13,336	$	13,255
Total commercial loans ($8,051 pledged as collateral under borrowing arrangements) (2)								84		22	%		10.60	%	$	2,202	$	10,074	$	67,239	$	60,168
Commercial Banking	Medallion Bank **	100% of common stock		05/16/02		None		1		37	%		11.83	%	$	0			$	101,478	$	101,478
Art Dealer	Medallion Fine Art, Inc.	100% of common stock		12/03/12		None		1		1	%		0.00	%	$	0			$	1,880	$	1,880
Real Estate	Medallion Hamptons Holding LLC	100% of membership interests		06/21/05		None		1		1	%		0.00	%	$	0			$	3,750	$	3,750
Loan Servicing	Medallion Servicing Corp.	100% of common stock		11/05/10		None		1		*			0.00	%	$	0			$	822	$	822

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013

(Dollars inthousands)		Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost of 2013 Acquisitions (5)		Cost (4)		Fair Value
Professional Sports Team		Lax Group LLC	42% of membership interests	5/23/2012	None		1		*			0.00	%	$	0			$	254	$	254
Advertising		Generation Outdoor, Inc.	100% of common stock	12/20/04	None		1		*			0.00	%	$	0			$	439	$	439
Investment in Medallion Bank and other controlled subsidiaries, net							6		40	%		11.05	%	$	0	$	0	$	108,623	$	108,623
Equity investments
Commercial Finance		Convergent Capital, Ltd **	7% of limited partnership interest	07/20/07	None		1		1	%		0.00	%	$	0			$	1,132	$	1,981
Banking		FNBNY, Inc.	*	03/30/12	None		1		*			0.00	%	$	0			$	750	$	75
Appliance Recycler #		Appliance Recycling Centers of America, Inc. **	8.86% of common stock	09/10/98	None		1		*			0.00	%	$	0			$	0	$	1,299
NASCAR Race Team		Medallion MotorSports, LLC	75% of limited liability interest	11/24/10	None		1		1	%		0.00	%	$	0			$	1,954	$	1,954
Bakery		Quaker Bakery	* of senior preferred stock	03/28/12	None		1		*			0.00	%	$	0			$	359	$	359
Machinery Manufacturer	+	Reel Power International, Inc.	2.65% of common stock	08/04/08	None		1		*			0.00	%	$	0			$	318	$	318
Real Estate Investment		PMC Commercial Trust **	*	12/30/10	None		1		*			5.81	%	$	0			$	902	$	281
Surgical Instruments		Summit Medical, Inc.	9.25% of common stock	11/01/10	None		1		*			0.00	%	$	0			$	134	$	135
IT Services		Centare	7.23% of common stock, 3.88% of preferred stock	08/30/13	None		1		*			0.00	%	$	0			$	103	$	103
Employee Leasing Services		Staff One	46.4% preferred stock	06/30/08	None		2		*			0.00	%	$	0			$	472	$	0
Equity investments, net							11		2	%		0.86	%	$	0	$	0	$	6,124	$	6,505
Investment securities
Investment securities, net							0		0	%		0.00	%	$	0	$	0	$	0	$	0
Net Investments ($241,840 pledged as collateral under borrowing arrangements) (3)							755		173	%		6.49	%	$	2,202	$	206,047	$	479,604	$	473,157

(1) Represents the actual or weighted average interest or dividend rate of the respective security or portfolio as of the date indicated. Investments without an interest rate or with a rate of 0.00% are considered non-income producing.

(2) Included in secured mezzanine commercial loans and other commercial loans was $2,202 of interest income capitalized into the outstanding investment balances, in accordance with the terms of the investment contract.

(3) The ratio of restricted securities fair value to net assets is 172%.

(4) Gross unrealized appreciation, gross unrealized depreciation, and net appreciation for federal income tax purposes totaled $46,196, $12,155 and $34,041, respectively. The tax cost of investments was $439,116.

(5) For revolving lines of credit the amount shown is the cost at December 31, 2013.

* Less than 1.0%

** Not an eligible portfolio company as such term is defined in Section 2(a)(46) of the 1940 Act. The percentage value of all non-eligible portfolio companies to totaled assets of Medallion Financial on an unconsolidated basis was up to 23% and up to 27% on a consolidated basis. Under the 1940 Act, we may not acquire any non-qualifying assets, unless at the time such acquisition is made, qualifying assets, which include securities of eligible portfolio companies, represent at least 70% of our total assets. The status of these assets under the 1940 Act are subject to change. We monitor the status of these assets on an ongoing basis.

& Loan is on nonaccrual status, or past due on contractual payments, and is therefore considered non-income producing.

# Publicly traded but sales subject to applicable Rule 144 limitations.

## Pledged as collateral under borrowing arrangements.

+ Includes various warrants, all of which have a cost and fair value of zero at December 31, 2013.

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
Medallion Loans
New York								419		96	%		3.96	%	$	0	$	98,361	$	208,564	$	208,563
	Lena Cab Corp ##	Term Loan		12/09/11		12/09/15		1		2	%		3.60	%	$	0			$	3,680	$	3,665
	Sean Cab Corp ##	Term Loan		12/09/11		12/08/15		1		2	%		3.60	%	$	0			$	3,680	$	3,665
	Real Cab Corp	Term Loan		07/20/07		07/20/17		1		*			2.81	%	$	0			$	350	$	350
	Real Cab Corp	Term Loan		07/20/07		07/20/17		1		1	%		2.81	%	$	0			$	2,545	$	2,545
	Sifnos, Van-Dim, Kitriani Incs ##	Term Loan		06/08/10		05/01/15		1		1	%		4.00	%	$	0			$	2,524	$	2,513
	Slo Cab Corp	Term Loan		07/20/07		07/20/17		1		1	%		2.81	%	$	0			$	1,527	$	1,527
	Slo Cab Corp	Term Loan		07/20/07		07/20/17		1		*			2.81	%	$	0			$	210	$	210
	Lety Cab Corp ##	Term Loan		10/21/10		10/20/15		1		1	%		4.00	%	$	0			$	1,605	$	1,598
	Christian Cab Corp	Term Loan		11/27/12		11/27/15		1		1	%		4.00	%	$	0	$	1,500	$	1,500	$	1,502
	Silke Hacking Corp ##	Term Loan		12/26/12		12/26/15		1		1	%		3.50	%	$	0	$	1,450	$	1,450	$	1,452
	Hoyt Cab Corp ##	Term Loan		12/26/12		12/26/15		1		1	%		3.50	%	$	0	$	1,450	$	1,450	$	1,452
	Bunty & Jyoti Inc ##	Term Loan		12/07/12		12/07/15		1		1	%		3.75	%	$	0	$	1,450	$	1,450	$	1,446
	Sonu-Seema Corp ##	Term Loan		12/07/12		12/07/15		1		1	%		3.75	%	$	0	$	1,450	$	1,450	$	1,446
	Nancy Transit Inc ##	Term Loan		11/06/12		11/06/15		1		1	%		4.15	%	$	0	$	1,425	$	1,423	$	1,415
	S600 Service Co Inc ##	Term Loan		12/05/12		12/05/15		1		1	%		3.50	%	$	0	$	1,400	$	1,398	$	1,394
	Perem Hacking Corp ##	Term Loan		12/05/12		12/05/15		1		1	%		3.50	%	$	0	$	1,400	$	1,398	$	1,394
	Daytona Hacking Corp ##	Term Loan		06/01/12		06/01/15		1		1	%		3.75	%	$	0	$	1,400	$	1,383	$	1,385
	Uddin Taxi Corp ##	Term Loan		11/14/12		11/14/15		1		1	%		5.25	%	$	0	$	1,378	$	1,378	$	1,371
	Nosilla Service Co., Inc ##	Term Loan		08/13/12		08/13/15		1		1	%		3.63	%	$	0	$	1,350	$	1,336	$	1,332
	Ming Trans Corp ##	Term Loan		11/19/12		12/01/16		1		1	%		3.70	%	$	0	$	1,300	$	1,300	$	1,297
	Orys Trans Corp ##	Term Loan		09/26/11		07/22/13		1		1	%		3.00	%	$	0			$	1,279	$	1,280
	Sandhu & Baath Inc/Note 2 Of 2 ##	Term Loan		05/10/11		05/10/14		1		*			4.75	%	$	0			$	638	$	636
	Sandhu & Baath Inc/Note 1 Of 2 ##	Term Loan		05/10/11		05/10/14		1		*			4.75	%	$	0			$	636	$	634
	Concourse Cab Corp ##	Term Loan		11/09/12		11/09/15		1		1	%		4.00	%	$	0	$	1,250	$	1,249	$	1,257
	Vichy Cab Corp ##	Term Loan		02/21/12		02/21/15		1		1	%		4.50	%	$	0	$	1,250	$	1,250	$	1,246
	Cafe Service Co Inc ##	Term Loan		11/09/11		11/09/16		1		1	%		4.40	%	$	0			$	1,245	$	1,241
	Januko Transit Inc ##	Term Loan		12/09/11		12/09/15		1		1	%		3.60	%	$	0			$	1,227	$	1,223
	W Mit Trans Corp ##	Term Loan		03/22/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Brini Transit Inc ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Daf Cab Corp ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Fenway Cab Corp ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Mamkale Transit Inc ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Munkach Transit Inc ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Sabrinush Transit Inc ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Sapphire Transit Inc ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Slate Cab Corp ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	W. Vil Trans Corp ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Yankl Transit Inc ##	Term Loan		03/23/11		12/08/15		1		1	%		3.60	%	$	0			$	1,223	$	1,219
	Kby Taxi Inc ##	Term Loan		09/04/12		09/04/15		1		1	%		3.50	%	$	0	$	1,200	$	1,200	$	1,197
	Anniversary Taxi Corp ##	Term Loan		09/04/12		09/04/15		1		1	%		3.50	%	$	0	$	1,200	$	1,200	$	1,197
	Ride Yellow Llc ##	Term Loan		01/14/11		02/15/16		1		1	%		3.50	%	$	0			$	1,200	$	1,196
	Corcovado Cab Corp ##	Term Loan		09/07/10		09/03/13		1		1	%		5.00	%	$	0			$	1,191	$	1,185
	Dag Taxi Inc ##	Term Loan		09/01/10		09/01/13		1		1	%		5.00	%	$	0			$	1,191	$	1,184
	Merry Cab Corp ##	Term Loan		09/01/10		09/01/13		1		1	%		5.00	%	$	0			$	1,191	$	1,184
	Junaid Trans Corp ##	Term Loan		03/19/12		03/19/15		1		1	%		4.25	%	$	0	$	1,200	$	1,179	$	1,181
	Alltaxitwo Cab Corp ##	Term Loan		09/26/11		07/22/13		1		1	%		3.00	%	$	0			$	1,181	$	1,177
	Red Army Cab Corp ##	Term Loan		04/18/12		04/18/15		1		1	%		3.75	%	$	0	$	1,200	$	1,179	$	1,176
	Flow Taxi Corp ##	Term Loan		04/18/12		04/18/15		1		1	%		3.75	%	$	0	$	1,200	$	1,179	$	1,176
	Lil Amandachaka Hacking Corp ##	Term Loan		04/18/12		04/18/15		1		1	%		3.75	%	$	0	$	1,200	$	1,179	$	1,176
	New Direction Cab Corp ##	Term Loan		11/18/11		11/18/14		1		1	%		4.00	%	$	0			$	1,170	$	1,175
	Big Ari Taxi Corp ##	Term Loan		12/13/12		12/13/15		1		1	%		3.25	%	$	0	$	1,166	$	1,166	$	1,168
	Goodspeed Transit Inc ##	Term Loan		11/21/11		11/27/15		1		1	%		3.25	%	$	0			$	1,159	$	1,155
	Ocean Hacking Corp ##	Term Loan		08/17/10		08/16/13		1		1	%		4.75	%	$	0			$	1,129	$	1,124
	Whats Yellow Llc ##	Term Loan		10/03/12		10/03/15		1		1	%		3.65	%	$	0	$	1,129	$	1,121	$	1,123
	Jump Service Co Inc ##	Term Loan		10/14/11		10/14/14		1		1	%		3.75	%	$	0			$	1,121	$	1,117
	Gaultier Hacking Corp ##	Term Loan		08/27/12		08/27/15		1		1	%		3.90	%	$	0	$	1,100	$	1,100	$	1,102

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	King Spring Taxi Inc ##	Term Loan		08/24/10		01/05/15		1		*		4.00	%	$	0			$	1,073	$	1,069
	Yosi Transit Inc	Term Loan		07/20/07		07/20/17		1		*		2.81	%	$	0			$	1,018	$	1,018
	M.Y. Taxi Inc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	960	$	961
	Justin Hacking Corp ##	Term Loan		12/13/12		12/13/15		1		*		3.25	%	$	0	$	905	$	905	$	907
	Global Agami Cab Llc ##	Term Loan		02/22/11		02/01/15		1		*		3.35	%	$	0			$	896	$	893
	Universal Agami Transit Inc ##	Term Loan		02/22/11		02/01/15		1		*		3.35	%	$	0			$	896	$	893
	Network Agami Cab Corp ##	Term Loan		02/22/11		02/01/15		1		*		3.35	%	$	0			$	896	$	893
	Planet Agami Cab Llc ##	Term Loan		02/22/11		02/01/15		1		*		3.35	%	$	0			$	896	$	893
	Lowvolt Transit Llc ##	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0			$	890	$	890
	Kinetic Transit Llc ##	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0			$	890	$	890
	Mixfuel Transit Llc ##	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0			$	890	$	890
	Neutron Transit Llc ##	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0			$	890	$	889
	Proton Transit Llc ##	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0			$	890	$	889
	Quark Transit Llc ##	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0			$	890	$	889
	Rechargeable Transit Llc ##	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0			$	890	$	889
	Cora Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		4.00	%	$	0			$	891	$	888
	Iddy Biddy Cab Corp ##	Term Loan		08/06/10		08/05/15		1		*		4.00	%	$	0			$	891	$	888
	Malcolm Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		4.00	%	$	0			$	891	$	888
	Jbob Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		4.00	%	$	0			$	891	$	888
	Granny Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		4.00	%	$	0			$	891	$	888
	Oyaz Hacking Corp ##	Term Loan		08/06/10		08/05/15		1		*		4.00	%	$	0			$	891	$	888
	Composite Transit Llc ##	Term Loan		11/03/06		11/03/16		1		*		3.00	%	$	0			$	890	$	886
	Blend Transit Llc ##	Term Loan		11/03/06		11/03/16		1		*		3.00	%	$	0			$	890	$	886
	Isotope Transit Llc ##	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0			$	890	$	886
	Juiced Transit Llc ##	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0			$	890	$	886
	Hybrid Transit Llc ##	Term Loan		10/23/06		10/23/16		1		*		2.67	%	$	0			$	890	$	886
	Nelsk Taxi Inc ##	Term Loan		04/18/12		04/18/15		1		*		4.00	%	$	0	$	900	$	886	$	883
	Havana Affair Cab Corp ##	Term Loan		10/08/10		09/30/14		1		*		3.50	%	$	0			$	852	$	849
	Idiot Wind Cab Corp ##	Term Loan		10/08/10		09/30/14		1		*		3.50	%	$	0			$	852	$	849
	Holdem Cab Corp ##	Term Loan		10/08/10		09/30/14		1		*		3.50	%	$	0			$	852	$	849
	Go Boy Cab Corp ##	Term Loan		10/08/10		09/30/14		1		*		3.50	%	$	0			$	852	$	849
	1212 Taxi Llc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	750	$	751
	Bliss Cab Corp ##	Term Loan		10/21/10		10/20/15		1		*		4.00	%	$	0			$	754	$	751
	Hot Wheels Taxi Llc ##	Term Loan		01/11/11		02/15/16		1		*		3.50	%	$	0			$	740	$	738
	Marian Cab Corp ##	Term Loan		06/19/12		06/19/16		1		*		3.75	%	$	0	$	726	$	717	$	719
	Kerolus Waheib Makhail	Term Loan		12/27/12		12/27/15		1		*		4.25	%	$	0	$	700	$	700	$	703
	Robell Hacking Corp ##	Term Loan		10/26/11		11/30/15		1		*		3.25	%	$	0			$	693	$	691
	Sincere Cab Corp ##	Term Loan		06/21/11		06/21/16		1		*		4.50	%	$	0			$	689	$	688
	Jean Pierre Trans Inc ##	Term Loan		10/21/10		10/20/15		1		*		4.00	%	$	0			$	680	$	679
	Cfn Cab Corp ##	Term Loan		10/21/10		10/20/15		1		*		4.00	%	$	0			$	680	$	678
	Miklos Hacking Corp ##	Term Loan		10/21/10		10/20/15		1		*		4.00	%	$	0			$	676	$	674
	Ravinder Singh & Mandeep Multa	Term Loan		12/19/12		12/19/15		1		*		3.75	%	$	0	$	650	$	650	$	652
	Harminder Singh & Harjinder Si ##	Term Loan		12/14/12		12/14/15		1		*		3.63	%	$	0	$	650	$	650	$	652
	Rakesh Aggarwal & Jasvir Singh ##	Term Loan		12/11/12		12/11/15		1		*		3.70	%	$	0	$	650	$	650	$	652
	Yme Transit Inc ##	Term Loan		09/09/11		12/05/15		1		*		3.25	%	$	0			$	632	$	635
	Guivarch Thimothe	Term Loan		09/19/12		09/19/15		1		*		4.50	%	$	0	$	630	$	626	$	629
	Sushil Maggoo ##	Term Loan		12/14/12		12/14/15		1		*		3.50	%	$	0	$	620	$	620	$	623
	Aminder Pal Singh ##	Term Loan		12/12/12		12/12/17		1		*		3.63	%	$	0	$	620	$	620	$	622
	Joseph R Jean ##	Term Loan		12/17/12		12/17/15		1		*		4.00	%	$	0	$	620	$	620	$	622
	Samy Baddar ##	Term Loan		12/17/12		12/17/15		1		*		3.90	%	$	0	$	620	$	620	$	622
	Ilker Altaygil ##	Term Loan		12/13/12		12/13/15		1		*		3.50	%	$	0	$	620	$	620	$	622
	Turgut Duman ##	Term Loan		12/06/12		12/06/15		1		*		3.50	%	$	0	$	620	$	620	$	622
	Ahmed Nazim & Hebatalla Mostaf ##	Term Loan		11/30/12		11/30/15		1		*		3.90	%	$	0	$	620	$	619	$	621
	Amr Aly Shafshak ##	Term Loan		11/29/12		11/29/15		1		*		3.90	%	$	0	$	620	$	619	$	621
	Amr & Rina Taxi Inc	Term Loan		12/10/12		12/10/15		1		*		3.90	%	$	0	$	620	$	620	$	620
	Yvon Louissaint ##	Term Loan		12/17/12		12/17/15		1		*		3.75	%	$	0	$	615	$	615	$	617
	Jacob Apoh ##	Term Loan		08/23/12		08/23/15		1		*		4.50	%	$	0	$	620	$	615	$	617
	Parvinder Singh ##	Term Loan		12/05/12		12/05/15		1		*		3.50	%	$	0	$	610	$	610	$	612

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Roudy Moliere &Jean B Letang ##	Term Loan		12/17/12		12/17/15		1		*		4.25	%	$	0	$	600	$	600	$	602
	Donald Singh ##	Term Loan		12/07/12		12/07/15		1		*		3.75	%	$	0	$	600	$	600	$	598
	Joseph Gerard Pierre ##	Term Loan		12/03/12		12/03/15		1		*		3.90	%	$	0	$	595	$	595	$	597
	Leo P. Roland ##	Term Loan		11/28/12		11/28/15		1		*		3.50	%	$	0	$	593	$	593	$	595
	Serob Taxi Inc ##	Term Loan		07/01/10		07/01/13		1		*		5.50	%	$	0			$	597	$	595
	Bhai Bhai Taxi Corp	Term Loan		06/02/11		10/01/15		1		*		3.75	%	$	0			$	585	$	587
	Gilberto Barrera ##	Term Loan		11/15/12		11/15/15		1		*		4.00	%	$	0	$	585	$	584	$	586
	Oradeanul Taxi Corp	Term Loan		11/14/11		11/14/14		1		*		5.00	%	$	0			$	580	$	584
	Georges Salomon	Term Loan		10/23/12		10/23/15		1		*		4.25	%	$	0	$	580	$	578	$	579
	Sing-Fai Chan	Term Loan		10/05/12		10/05/15		1		*		4.50	%	$	0	$	575	$	574	$	577
	Jose F Pimentel	Term Loan		11/27/12		11/27/15		1		*		4.00	%	$	0	$	575	$	575	$	576
	Jean J Monteau ##	Term Loan		12/06/12		12/06/15		1		*		4.00	%	$	0	$	575	$	575	$	573
	Jasvinder Chhoker + Dam Singh	Term Loan		11/10/11		12/05/15		1		*		3.50	%	$	0			$	570	$	572
	Birk Cab Corp	Term Loan		11/04/11		11/04/14		1		*		3.75	%	$	0			$	564	$	564
	Jacques A Petion	Term Loan		08/21/12		08/21/15		1		*		4.63	%	$	0	$	564	$	561	$	563
	Muhammad Saqib ##	Term Loan		10/04/11		10/04/14		1		*		3.50	%	$	0			$	564	$	562
	Carmay Latendresse	Term Loan		06/07/12		06/07/15		1		*		5.88	%	$	0	$	560	$	559	$	561
	Wisly Noel ##	Term Loan		12/21/12		12/21/15		1		*		3.63	%	$	0	$	558	$	558	$	560
	Binh Pham	Term Loan		05/30/12		05/30/15		1		*		5.25	%	$	0	$	562	$	555	$	557
	Btr Taxi Inc ##	Term Loan		07/05/11		07/05/14		1		*		4.63	%	$	0			$	557	$	556
	Albro Hacking, Corp. ##	Term Loan		10/21/10		10/20/15		1		*		4.00	%	$	0			$	554	$	555
	Mian Cab Corp ##	Term Loan		08/01/12		08/01/15		1		*		5.00	%	$	0	$	555	$	552	$	554
	Joseph B Luxama ##	Term Loan		06/05/12		06/05/15		1		*		5.00	%	$	0	$	555	$	550	$	552
	Jaswinder Sharma ##	Term Loan		11/02/11		11/02/14		1		*		3.50	%	$	0			$	555	$	552
	Phaniel Rosemond	Term Loan		11/09/12		11/09/15		1		*		4.50	%	$	0	$	574	$	551	$	551
	Joseph Paul Desir	Term Loan		09/24/12		09/24/15		1		*		4.25	%	$	0	$	552	$	548	$	551
	Pierre Chery ##	Term Loan		09/24/12		09/24/15		1		*		4.00	%	$	0	$	550	$	548	$	550
	Erwich Chery	Term Loan		08/27/12		08/27/15		1		*		4.25	%	$	0	$	550	$	547	$	549
	Frantz Louhis & Joseph Paul ##	Term Loan		06/08/12		06/08/15		1		*		4.25	%	$	0	$	550	$	545	$	547
	Tamimu Aliu ##	Term Loan		05/25/12		05/25/15		1		*		4.25	%	$	0	$	555	$	548	$	546
	Jordan O Ohene ##	Term Loan		07/23/12		07/23/15		1		*		4.00	%	$	0	$	550	$	543	$	545
	Eugenio & Ayodele Trans Corp &	Term Loan		10/14/10		10/14/13		1		*		6.00	%	$	0			$	545	$	544
	Ptah Cab Corp ##	Term Loan		05/25/11		05/01/15		1		*		3.35	%	$	0			$	544	$	543
	Joseph L Flovel ##	Term Loan		04/16/12		04/16/15		1		*		4.50	%	$	0	$	550	$	540	$	542
	Dani Taxi Inc/Mbank	Term Loan		07/16/12		12/15/15		1		*		3.50	%	$	0	$	541	$	541	$	541
	Rafi Mohammad ##	Term Loan		12/07/11		12/07/14		1		*		4.25	%	$	0			$	543	$	541
	Lesly Jeanjoseph ##	Term Loan		12/20/11		12/20/14		1		*		4.75	%	$	0			$	538	$	540
	Karamjit Panchhi ##	Term Loan		11/21/11		11/21/14		1		*		4.50	%	$	0			$	538	$	540
	Freycinet Valbrune	Term Loan		10/24/12		10/24/15		1		*		4.75	%	$	0	$	535	$	533	$	538
	Joseph W Charles ##	Term Loan		08/10/12		08/10/15		1		*		4.25	%	$	0	$	544	$	539	$	538
	Michael Avitan ##	Term Loan		07/02/12		07/02/15		1		*		4.50	%	$	0	$	540	$	536	$	538
	Brunet Lucas ##	Term Loan		10/04/12		10/04/15		1		*		4.25	%	$	0	$	535	$	535	$	537
	Fido Cab Corp ##	Term Loan		09/09/11		12/05/15		1		*		3.25	%	$	0			$	535	$	536
	Kamaljit Singh & Harjit Singh ##	Term Loan		10/04/12		10/02/15		1		*		3.75	%	$	0	$	531	$	528	$	530
	Nobert Auguste ##	Term Loan		09/12/12		09/12/15		1		*		5.00	%	$	0	$	531	$	528	$	530
	Atef A Khalil ##	Term Loan		08/06/12		08/06/15		1		*		4.75	%	$	0	$	535	$	533	$	530
	Amjad Abbas	Term Loan		06/02/11		06/05/14		1		*		4.25	%	$	0			$	528	$	527
	Mohammed Hossen & Abrar Hanif ##	Term Loan		06/25/12		06/25/16		1		*		4.00	%	$	0	$	532	$	523	$	524
	Ulrick Racine ##	Term Loan		05/09/12		05/09/15		1		*		4.25	%	$	0	$	528	$	522	$	524
	Spyridon Tzorzis ##	Term Loan		08/01/12		08/01/15		1		*		4.50	%	$	0	$	525	$	521	$	523
	Avner Ben-Levy ##	Term Loan		05/29/12		05/29/15		1		*		4.25	%	$	0	$	525	$	519	$	522
	Balwinder Singh ##	Term Loan		10/02/12		10/02/15		1		*		3.75	%	$	0	$	520	$	518	$	520
	Anba Taxi Inc ##	Term Loan		06/21/11		06/21/16		1		*		4.50	%	$	0			$	517	$	519
	Corsi Cab Corp ##	Term Loan		06/21/11		06/21/16		1		*		4.50	%	$	0			$	517	$	519
	Rafael A Pena ##	Term Loan		07/10/12		07/10/15		1		*		4.50	%	$	0	$	521	$	514	$	516
	Humberto Ontaneda ##	Term Loan		03/05/12		03/05/15		1		*		4.25	%	$	0	$	525	$	515	$	516
	Gustavo E Cabrejos ##	Term Loan		10/15/12		10/15/15		1		*		3.90	%	$	0	$	520	$	516	$	515
	Avtar Singh ##	Term Loan		11/22/11		11/07/14		1		*		3.50	%	$	0			$	513	$	515

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	M Irshad Chaudhry & Mhd Ramzan ##	Term Loan		03/21/11		03/21/14		1		*		5.25	%	$	0			$	516	$	515
	Mukhtiar Singh ##	Term Loan		11/22/11		11/22/14		1		*		4.25	%	$	0			$	512	$	514
	Shanu Miah	Term Loan		03/24/11		03/24/14		1		*		5.25	%	$	0			$	513	$	512
	Larry Westen ##	Term Loan		09/30/11		09/30/14		1		*		5.50	%	$	0			$	512	$	511
	Marc C Bastien ##	Term Loan		11/02/11		11/02/14		1		*		5.00	%	$	0			$	509	$	510
	Hasina Farazi & Rafiul Farazi ##	Term Loan		07/11/12		07/11/15		1		*		4.00	%	$	0	$	510	$	505	$	507
	Jasvir S Dhaliwal ##	Term Loan		11/29/11		11/29/14		1		*		4.50	%	$	0			$	508	$	505
	Alexander Vizueta ## &	Term Loan		11/15/11		11/15/14		1		*		5.25	%	$	0			$	504	$	505
	Strivers Way Inc	Term Loan		03/21/11		03/21/14		1		*		6.25	%	$	0			$	502	$	503
	Jasvir Singh	Term Loan		11/27/12		11/27/22		1		*		4.25	%	$	0	$	500	$	497	$	502
	Malkiat S Multani	Term Loan		06/01/11		06/17/14		1		*		4.00	%	$	0			$	501	$	502
	Joseph Jean ##	Term Loan		03/14/12		03/14/15		1		*		4.50	%	$	0	$	510	$	501	$	501
	Louis A Alphonse ## &	Term Loan		12/05/11		12/05/14		1		*		4.50	%	$	0			$	502	$	500
	Dominique Ismael ##	Term Loan		10/11/12		10/11/15		1		*		4.00	%	$	0	$	500	$	497	$	499
	Guy Merisier ##	Term Loan		06/27/12		06/27/15		1		*		4.50	%	$	0	$	500	$	496	$	498
	Prem Singh & Manjeet Kaur ##	Term Loan		01/28/11		01/28/14		1		*		5.00	%	$	0			$	495	$	494
	Preslert Louis	Term Loan		03/23/12		03/23/15		1		*		5.00	%	$	0	$	498	$	490	$	492
	Avtar Singh ##	Term Loan		09/23/11		09/27/14		1		*		3.50	%	$	0			$	493	$	490
	Pierre Goguin Joseph	Term Loan		05/20/10		05/20/13		1		*		6.00	%	$	0			$	489	$	489
	Eli Parada ##	Term Loan		07/02/12		07/02/15		1		*		4.00	%	$	0	$	490	$	486	$	488
	Shubal C Ghose ##	Term Loan		12/18/12		12/18/15		1		*		3.75	%	$	0	$	482	$	483	$	485
	Ronak Singh ##	Term Loan		01/11/12		01/11/15		1		*		4.00	%	$	0	$	506	$	483	$	481
	Kang & Dhillon Taxi Inc ##	Term Loan		12/03/10		12/03/13		1		*		5.35	%	$	0			$	479	$	481
	Harold Torres ##	Term Loan		08/10/12		08/10/15		1		*		4.00	%	$	0	$	482	$	478	$	480
	Mohammad Azhar ##	Term Loan		06/01/12		06/01/15		1		*		4.00	%	$	0	$	485	$	478	$	480
	Albert A Agyemang ##	Term Loan		08/02/12		08/02/15		1		*		3.90	%	$	0	$	485	$	477	$	479
	Brunel Paul & Chrislorme Paul ##	Term Loan		06/30/11		06/30/14		1		*		4.75	%	$	0			$	477	$	479
	Rousseau Ductan ##	Term Loan		12/22/11		12/22/14		1		*		4.25	%	$	0			$	481	$	478
	Santokh Bangay ##	Term Loan		12/10/12		12/10/15		1		*		3.50	%	$	0	$	474	$	474	$	476
	Man Singh ##	Term Loan		08/10/12		08/10/15		1		*		4.00	%	$	0	$	470	$	465	$	467
	Ahmed Elsayed ##	Term Loan		08/01/11		08/01/14		1		*		5.00	%	$	0			$	468	$	466
	Charanjeet Kaur & Manjit Singh ##	Term Loan		10/07/10		03/01/15		1		*		4.00	%	$	0			$	462	$	461
	Eustache Romain ##	Term Loan		10/25/10		10/25/13		1		*		5.25	%	$	0			$	461	$	459
	Rafael Kikirov ##	Term Loan		06/22/12		06/22/17		1		*		4.00	%	$	0	$	462	$	454	$	456
	Mohammad A Parvaiz ##	Term Loan		05/26/11		05/26/16		1		*		4.00	%	$	0			$	457	$	455
	Patrick Sattaur ##	Term Loan		11/18/11		11/18/14		1		*		5.00	%	$	0			$	452	$	454
	W.B.L.S Taxi Inc	Term Loan		08/09/12		08/09/15		1		*		3.75	%	$	0	$	450	$	450	$	452
	David Mashkabov ##	Term Loan		10/26/11		10/24/14		1		*		4.00	%	$	0			$	454	$	452
	Mohammed F Munir ##	Term Loan		02/11/11		02/14/14		1		*		4.75	%	$	0			$	447	$	449
	Momar Diagne ##	Term Loan		08/25/11		08/25/14		1		*		4.75	%	$	0			$	443	$	444
	Ranjit Singh ##	Term Loan		02/16/12		02/16/15		1		*		4.00	%	$	0	$	451	$	442	$	443
	Olmedo Nocua ##	Term Loan		01/21/11		01/21/14		1		*		5.00	%	$	0			$	441	$	443
	Parkash Taxi Inc ##	Term Loan		08/09/10		08/09/13		1		*		4.00	%	$	0			$	444	$	442
	Gonel Seraphin & Evelyne Serap ##	Term Loan		12/09/11		12/09/14		1		*		4.25	%	$	0			$	441	$	439
	Pierre Jeune ##	Term Loan		12/14/12		12/14/15		1		*		3.50	%	$	0	$	435	$	435	$	437
	Eduard Neyman ##	Term Loan		11/09/11		11/09/16		1		*		4.75	%	$	0			$	434	$	436
	Magloire David ##	Term Loan		04/02/12		04/02/15		1		*		4.25	%	$	0	$	440	$	434	$	435
	Jacob Kuruvilla ##	Term Loan		11/11/09		12/05/17		1		*		3.75	%	$	0			$	432	$	430
	Gurmeet Singh ##	Term Loan		06/21/11		06/21/14		1		*		5.00	%	$	0			$	423	$	424
	Daca Taxi Inc ##	Term Loan		06/02/11		06/02/14		1		*		3.90	%	$	0			$	423	$	424
	Neomi & Z Taxi Inc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	422	$	423
	M&J Taxi Inc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	422	$	423
	Maya Taxi Inc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	422	$	423
	Saba Moshe Taxi Inc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	422	$	423
	Mtr Taxi Inc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	422	$	423
	King “D” Taxi Inc ##	Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	412	$	414
	Nautilus Service Cor ##	Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	412	$	414
	Run Service Corp ##	Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	412	$	414

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Crossbow Taxi Inc ##	Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	413
	Petia Cab Corporation ##	Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	413
	King Verin Taxi Inc ##	Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	413
	Cleopatra Cab Corp ##	Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	413
	Jened Cab Corp ##	Term Loan		03/13/12		01/13/17		1		*		4.25	%	$	0	$	477	$	409	$	411
	Bucur Express Cab Corp ##	Term Loan		06/02/11		06/02/14		1		*		3.90	%	$	0			$	407	$	408
	Frands Fequiere ## &	Term Loan		01/26/11		01/25/14		1		*		5.20	%	$	0			$	405	$	406
	Manuel F Pena ##	Term Loan		04/01/11		04/01/14		1		*		4.50	%	$	0			$	402	$	403
	Dady Hamel ##	Term Loan		04/16/09		12/22/13		1		*		3.90	%	$	0			$	404	$	402
	Y Joey Taxi Inc ##	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	400	$	401
	I&I Cab Corp ##	Term Loan		10/06/11		10/05/14		1		*		4.75	%	$	0			$	399	$	401
	N & B Taxi Inc ##	Term Loan		06/24/11		06/24/14		1		*		4.50	%	$	0			$	400	$	401
	Anthony Okyere Duah ##	Term Loan		06/10/11		06/10/14		1		*		5.00	%	$	0			$	395	$	396
	Ruckman Hacking Corp ##	Term Loan		10/14/11		10/14/14		1		*		3.75	%	$	0			$	390	$	391
	Luis E Perez ##	Term Loan		04/13/11		04/13/14		1		*		4.50	%	$	0			$	386	$	387
	Double Cab Corp ##	Term Loan		07/13/12		07/13/15		1		*		3.75	%	$	0	$	380	$	376	$	378
	Ny Berts Cab Corp ##	Term Loan		09/15/10		09/15/13		1		*		6.00	%	$	0			$	373	$	372
	Tarafdar Abul & Tarafdar Luthf &	Term Loan		08/13/10		08/13/13		1		*		7.00	%	$	0			$	371	$	372
	Essa & Soliman Transit Inc ##	Term Loan		08/03/12		08/03/15		1		*		3.75	%	$	0	$	377	$	367	$	369
	Fernande Paul Cab Corp	Term Loan		04/26/11		04/26/14		1		*		4.88	%	$	0			$	366	$	367
	Elsayed A Hassan ##	Term Loan		11/28/11		11/28/14		1		*		4.25	%	$	0			$	363	$	364
	Lelio Bresier & Jeanne Bresier ##	Term Loan		04/01/11		04/01/14		1		*		5.00	%	$	0			$	362	$	364
	Shah M Rahman ##	Term Loan		08/15/11		08/15/14		1		*		4.50	%	$	0			$	364	$	363
	Nour-Ditmars Zamalek Corp ##	Term Loan		04/01/11		04/01/14		1		*		4.90	%	$	0			$	361	$	362
	Malkit Singh ##	Term Loan		08/01/12		08/01/15		1		*		4.50	%	$	0	$	360	$	357	$	359
	Rahul Amin/B Note ##	Term Loan		03/25/09		03/29/14		1		*		4.00	%	$	0			$	358	$	356
	Yberto Santana ##	Term Loan		09/05/12		09/05/15		1		*		4.25	%	$	0	$	356	$	353	$	354
	Harjee Cab Corp/Note 2	Term Loan		12/27/12		12/27/15		1		*		4.25	%	$	0	$	350	$	350	$	353
	Harjee Cab Corp/Note 1	Term Loan		12/27/12		12/27/15		1		*		4.25	%	$	0	$	350	$	350	$	353
	Vosiem Hacking Corp ##	Term Loan		09/09/11		12/05/15		1		*		3.25	%	$	0			$	350	$	351
	Shahdad Bhatti Cab Corp ##	Term Loan		08/24/12		08/24/15		1		*		4.75	%	$	0	$	350	$	348	$	349
	Alexander A Malamud ##	Term Loan		04/20/11		05/01/14		1		*		4.75	%	$	0			$	347	$	348
	Carlot Dalce ##	Term Loan		11/15/10		11/15/13		1		*		5.25	%	$	0			$	340	$	341
	Pierre Cadet ##	Term Loan		03/18/10		03/18/13		1		*		5.50	%	$	0			$	339	$	338
	Gerard G Tema ##	Term Loan		12/06/10		12/06/13		1		*		5.25	%	$	0			$	333	$	334
	Georges Desrosiers ##	Term Loan		06/26/12		06/26/15		1		*		5.00	%	$	0	$	335	$	330	$	331
	Jean A. Alexandre ##	Term Loan		12/12/11		12/12/14		1		*		4.25	%	$	0			$	325	$	323
	Medora Moreira &Juan Mendoza ##	Term Loan		02/18/11		02/18/14		1		*		5.00	%	$	0			$	321	$	322
	Jean B Guerrier ##	Term Loan		08/08/12		08/08/15		1		*		3.75	%	$	0	$	321	$	318	$	320
	Sukhdev Singh & Harpal S Bhola ##	Term Loan		04/24/12		04/24/15		1		*		3.75	%	$	0	$	325	$	319	$	320
	Bj Cab Corp/Note 2 Of 2	Term Loan		11/29/12		11/29/15		1		*		3.75	%	$	0	$	308	$	308	$	311
	Bj Cab Corp/Note 1 Of 2	Term Loan		11/29/12		11/29/15		1		*		3.75	%	$	0	$	308	$	308	$	311
	Abdullah Zivali ##	Term Loan		03/01/12		03/01/15		1		*		4.00	%	$	0	$	325	$	307	$	309
	Rehmet Khan ##	Term Loan		03/04/11		03/04/14		1		*		4.75	%	$	0			$	306	$	307
	Mohammmed H Iqbal ##	Term Loan		09/14/12		09/14/15		1		*		3.75	%	$	0	$	308	$	304	$	305
	Cody Service Co Inc ##	Term Loan		09/15/10		09/10/15		1		*		5.25	%	$	0			$	303	$	304
	Kornos Taxi Inc ##	Term Loan		09/04/12		09/04/15		1		*		4.00	%	$	0	$	301	$	299	$	300
	Emerald I Taxi Corp/Mbank	Term Loan		06/01/12		06/01/15		1		*		5.50	%	$	0	$	300	$	297	$	297
	Platform Taxi Service/Mbank	Term Loan		05/04/12		05/12/17		1		*		5.57	%	$	0	$	300	$	295	$	295
	Chaim Tepper ##	Term Loan		02/10/11		02/10/14		1		*		5.25	%	$	0			$	290	$	291
	Joubert Toussaint ##	Term Loan		09/21/12		09/21/15		1		*		4.00	%	$	0	$	286	$	284	$	285
	Serge Bonny ##	Term Loan		03/02/11		03/02/14		1		*		5.00	%	$	0			$	267	$	268
	Tarek Elsaid ##	Term Loan		05/27/11		05/27/14		1		*		4.25	%	$	0			$	260	$	261
	Bella Hacking Corp	Term Loan		06/25/04		06/25/16		1		*		6.00	%	$	0			$	256	$	255
	Kesef Taxi Inc/Mbank	Term Loan		07/16/12		12/15/15		1		*		3.50	%	$	0	$	251	$	251	$	251
	Ede Service Corp	Term Loan		07/20/07		07/20/17		1		*		2.81	%	$	0			$	210	$	210
	Mohammad Ashraf Ali ##	Term Loan		01/17/12		01/09/15		1		*		4.00	%	$	0	$	422	$	209	$	210
	Ali Akbar ##	Term Loan		03/04/10		10/11/14		1		*		3.75	%	$	0			$	211	$	209

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)			Cost (4)		Fair Value
	Zorro Taxi Inc ##	Term Loan		12/10/12		12/10/19		1		*		4.75	%	$	0	$	204		$	204	$	205
	Hamilton Transit Llc/Mbank	Term Loan		06/01/12		06/01/15		1		*		5.50	%	$	0	$	200		$	198	$	198
	Abdul H Abid ##	Term Loan		06/09/09		06/09/14		1		*		6.38	%	$	0				$	198	$	198
	Frank Nobile ##	Term Loan		11/26/12		11/26/17		1		*		3.75	%	$	0	$	190		$	190	$	192
	Jackie L Chaiken & Michael Cha ##	Term Loan		03/16/11		03/16/14		1		*		5.00	%	$	0				$	183	$	184
	Zante Cab Corp/Mbank	Term Loan		02/02/10		02/02/15		1		*		5.81	%	$	0				$	183	$	183
	David Taxi Corp	Term Loan		10/05/10		10/04/13		1		*		5.00	%	$	0				$	180	$	181
	Daniel Victor ##	Term Loan		05/06/11		05/06/14		1		*		4.75	%	$	0				$	176	$	177
	Chuhar Singh ##	Term Loan		12/02/11		12/02/16		1		*		3.75	%	$	0				$	175	$	176
	Atom Transit Llc/B Note	Term Loan		11/03/06		11/03/16		1		*		3.00	%	$	0				$	175	$	175
	Duracell Transit Llc/B Note	Term Loan		11/03/06		11/03/16		1		*		3.00	%	$	0				$	175	$	175
	Gasless Transit Llc/Bnote	Term Loan		10/23/06		10/23/16		1		*		2.67	%	$	0				$	175	$	175
	Electron Transit Llc/B Note	Term Loan		10/23/06		10/23/16		1		*		2.67	%	$	0				$	175	$	175
	Fusion Transit Llc/B Note	Term Loan		10/23/06		10/23/16		1		*		2.67	%	$	0				$	175	$	175
	Nicolae Blidariu	Term Loan		02/29/08		02/28/23		1		*		6.50	%	$	0				$	165	$	166
	Roman Fermin ##	Term Loan		08/06/12		08/06/15		1		*		4.25	%	$	0	$	167		$	159	$	160
	Mode Service Corp	Term Loan		06/02/11		06/01/21		1		*		6.00	%	$	0				$	158	$	157
	Ede Service Corp/Mfun	Term Loan		07/24/07		07/20/17		1		*		2.81	%	$	0				$	151	$	151
	Joseph Bologna ##	Term Loan		10/06/10		10/01/13		1		*		5.50	%	$	0				$	145	$	146
	Y.A.M. Associates Corp	Term Loan		10/18/11		04/18/14		1		*		6.00	%	$	0				$	142	$	143
	Anastasios Tsiklidis	Term Loan		04/15/11		10/15/18		1		*		5.13	%	$	0				$	139	$	141
	Ny Diploma Taxi Co	Term Loan		07/20/07		07/20/17		1		*		2.81	%	$	0				$	140	$	140
	Yosi Transit Inc	Term Loan		07/20/07		07/20/17		1		*		2.81	%	$	0				$	140	$	140
	Norberto Cardona ##	Term Loan		03/30/12		03/30/17		1		*		4.00	%	$	0	$	160		$	138	$	139
	Wilfrid Barreau	Term Loan		12/29/09		12/29/16		1		*		5.75	%	$	0				$	131	$	132
	Rs Hacking Corp	Term Loan		01/17/12		01/17/15		1		*		4.15	%	$	0	$	1,050		$	126	$	128
	Bitterroot Hacking Corp	Term Loan		02/01/12		02/01/15		1		*		4.25	%	$	0	$	1,400		$	115	$	117
	Boris Ushman ##	Term Loan		05/21/03		04/13/15		1		*		5.75	%	$	0				$	102	$	102
	Ny Diploma Taxi Corp/Mfun	Term Loan		07/24/07		07/20/17		1		*		2.81	%	$	0				$	101	$	101
	Julella Cab Corp	Term Loan		10/21/10		12/22/16		1		*		4.35	%	$	0				$	91	$	92
	King Pierre Taxi Inc	Term Loan		10/18/10		10/15/13		1		*		5.00	%	$	0				$	90	$	91
	Juiced Transit Llc/B Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0				$	85	$	85
	Kinetic Transit Llc/B Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0				$	85	$	85
	Lowvolt Transit Llc	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0				$	85	$	85
	Isotope Transit Llc/B Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0				$	85	$	85
	Mixfuel Transit Llcb Note	Term Loan		10/31/06		10/31/16		1		*		3.00	%	$	0				$	85	$	85
	Hybrid Transit Llc/B Note	Term Loan		10/23/06		10/23/16		1		*		2.67	%	$	0				$	85	$	85
	King Mario Taxi Inc	Term Loan		10/05/10		10/04/13		1		*		5.00	%	$	0				$	84	$	85
	Ny Kind Taxi Corp	Term Loan		10/05/10		10/04/13		1		*		5.00	%	$	0				$	84	$	85
	Ny Cookie Taxi Corp	Term Loan		10/05/10		10/04/13		1		*		5.00	%	$	0				$	84	$	85
	Proton Transit Llc/B Note	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0				$	85	$	84
	Quark Transit Llc/B Note	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0				$	85	$	84
	Rechargeable Transit Llc/Bnote	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0				$	85	$	84
	Neutron Transit Llc/B Note	Term Loan		10/16/06		10/16/16		1		*		3.00	%	$	0				$	85	$	84
	Ny Pisces Taxi Corp	Term Loan		10/18/10		10/15/13		1		*		5.00	%	$	0				$	78	$	79
	Bu Taxi Llc/Mbank	Term Loan		12/29/10		12/15/15		1		*		5.83	%	$	0				$	75	$	75
	Libnoth Cab Corp/Mbank	Term Loan		09/02/10		09/01/13		1		*		5.00	%	$	0				$	76	$	73
	Junco Taxi Inc/Mbank	Term Loan		09/02/10		09/01/13		1		*		5.00	%	$	0				$	75	$	72
	Heby Taxi Inc./Mbank	Term Loan		09/02/10		09/01/13		1		*		5.00	%	$	0				$	75	$	72
	Calcium One Service Inc	Term Loan		02/23/07		02/23/17		1		*		2.22	%	$	0				$	71	$	71
	Carlos Rios	Term Loan		03/11/11		03/11/14		1		*		5.50	%	$	0				$	70	$	71
	Ede Service Corp	Term Loan		07/20/07		07/20/17		1		*		2.81	%	$	0				$	69	$	69
	Ukraine Service Co	Term Loan		04/18/12		04/18/15		1		*		3.75	%	$	0	$	1,250		$	63	$	65
	Kseniya Service Co Inc	Term Loan		04/18/12		04/18/15		1		*		3.75	%	$	0	$	1,250	��	$	63	$	65
	Eddy Joseph ##	Term Loan		12/20/00		01/01/14		1		*		6.00	%	$	0				$	61	$	61
	Kesev Taxi Inc	Term Loan		10/05/10		10/04/13		1		*		5.00	%	$	0				$	60	$	61
	N.Y. Abar Taxi Corp	Term Loan		10/05/10		10/04/13		1		*		5.00	%	$	0				$	60	$	61
	Y Mommy Taxi Inc/Mbank	Term Loan		12/23/10		12/15/15		1		*		5.75	%	$	0				$	60	$	60

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Lazaros Taxi Inc/Mbank	Term Loan		11/01/10		11/01/15		1		*		6.13	%	$	0			$	60	$	60
	Appoint Cab Corp/Mbank	Term Loan		12/06/10		12/06/13		1		*		7.96	%	$	0			$	57	$	57
	Blend Transit Llc/B Note	Term Loan		11/03/06		11/03/16		1		*		3.00	%	$	0			$	56	$	56
	Composite Transit Llc	Term Loan		11/03/06		11/03/16		1		*		3.00	%	$	0			$	56	$	56
	Natlon Hacking Corp	Term Loan		08/17/10		08/16/13		1		*		4.75	%	$	0			$	56	$	56
	Y Daddy Taxi Inc/Mbank	Term Loan		07/16/12		12/15/15		1		*		3.50	%	$	0	$	55	$	55	$	55
	Bedford Taxi Llc	Term Loan		06/01/12		06/01/15		1		*		3.75	%	$	0	$	1,400	$	51	$	53
	Avilie Service Inc	Term Loan		03/09/12		03/09/15		1		*		3.75	%	$	0	$	1,200	$	51	$	53
	Mazl Taxi Inc/Mbank	Term Loan		09/07/10		09/07/13		1		*		5.00	%	$	0			$	56	$	53
	Reade Taxi Llc	Term Loan		12/26/12		12/26/15		1		*		3.50	%	$	0	$	1,450	$	50	$	52
	Soccer Transit Inc	Term Loan		12/13/11		12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Sea Transit Inc	Term Loan		12/13/11		12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Ziva Cab Corp	Term Loan		12/13/11		12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Edgar Transit Inc	Term Loan		12/13/11		12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Soho Cab Corp	Term Loan		12/23/11		12/22/14		1		*		3.75	%	$	0			$	49	$	51
	Kaderee M & G Corp	Term Loan		12/20/11		12/20/14		1		*		3.75	%	$	0			$	49	$	51
	Calcium One Service Inc	Term Loan		02/23/07		02/23/17		1		*		2.22	%	$	0			$	49	$	49
	Michael Piccolo	Term Loan		05/03/06		03/03/15		1		*		5.50	%	$	0			$	49	$	48
	Bursa Cab Corp/Note 1	Term Loan		03/23/01		09/10/23		1		*		6.00	%	$	0			$	46	$	46
	Ny Diploma Taxi Co	Term Loan		07/20/07		07/20/17		1		*		2.81	%	$	0			$	46	$	46
	Munchkin Transit Inc	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Marg Cab Corp	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Tate Cab Corp	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Leka Transit Inc	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	W Lol Trans Corp	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	W Sar Trans Corp	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Rus Cab Corp	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Specter Cab Corp	Term Loan		03/23/11		12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Humidity Hacking Corp	Term Loan		10/21/10		12/22/16		1		*		4.35	%	$	0			$	38	$	39
	Nosea Taxi Llc	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	38	$	39
	Agape-Mou Cab Corp	Term Loan		02/17/12		02/12/17		1		*		3.90	%	$	0	$	900	$	36	$	38
	Asterik Cab Co Inc	Term Loan		02/17/12		02/12/17		1		*		3.90	%	$	0	$	900	$	36	$	38
	Copper One Cab Corp	Term Loan		02/17/12		02/12/17		1		*		3.90	%	$	0	$	900	$	36	$	38
	Julia Rose Hacking Corp./Mbank	Term Loan		10/21/10		12/22/16		1		*		6.73	%	$	0			$	37	$	37
	Zahav Taxi Llc/Mbank	Term Loan		07/16/12		12/15/15		1		*		3.50	%	$	0	$	38	$	37	$	37
	Oxford Cab Corp	Term Loan		03/20/12		03/20/15		1		*		4.13	%	$	0	$	1,350	$	35	$	37
	Bursa Cab Corp/Note 2	Term Loan		03/23/01		09/10/23		1		*		6.00	%	$	0			$	36	$	36
	Neer Cab Corp/Mbnk	Term Loan		10/21/10		12/22/16		1		*		6.73	%	$	0			$	33	$	33
	Rahul Amin/B Note	Term Loan		11/20/12		03/29/14		1		*		4.00	%	$	0	$	30	$	30	$	32
	Y Mike Taxi Inc	Term Loan		01/06/11		01/15/16		1		*		3.50	%	$	0			$	30	$	31
	N&A Taxi Inc/Mbank	Term Loan		07/16/12		01/15/16		1		*		3.50	%	$	0	$	30	$	30	$	30
	Y Mati Taxi Inc	Term Loan		07/16/12		01/15/16		1		*		3.50	%	$	0	$	30	$	30	$	30
	Y Meir Taxi Inc/Mbnk	Term Loan		07/16/12		01/15/16		1		*		3.50	%	$	0	$	30	$	30	$	30
	Y Michal Taxi Inc/Mbnk	Term Loan		07/16/12		01/15/16		1		*		3.50	%	$	0	$	30	$	30	$	30
	M.M.Y Taxi Inc/Mbank	Term Loan		07/16/12		01/15/16		1		*		3.50	%	$	0	$	30	$	30	$	30
	S&M Taxi Inc/Mbank	Term Loan		07/16/12		01/15/16		1		*		3.50	%	$	0	$	30	$	30	$	30
	Brandon Taxi Llc/Mbank	Term Loan		11/24/10		11/20/15		1		*		6.63	%	$	0			$	26	$	26
	Barth Taxi Llc/Mbank	Term Loan		11/24/10		11/20/15		1		*		6.63	%	$	0			$	26	$	26
	Nestor R Trivino	Term Loan		02/22/12		02/22/15		1		*		10.00	%	$	0	$	32	$	24	$	26
	Pikada Transit Inc/Mbank	Term Loan		12/08/09		12/22/16		1		*		6.72	%	$	0			$	25	$	25
	Trylon Transit Inc/Mbank	Term Loan		12/08/09		12/22/16		1		*		6.72	%	$	0			$	25	$	25
	Trojan Cab Corp/Mbank	Term Loan		12/08/09		12/22/16		1		*		6.72	%	$	0			$	25	$	25
	Sonia M Trivino	Term Loan		02/22/12		02/22/15		1		*		10.00	%	$	0	$	32	$	23	$	25
	Jaspal Singh/Mbank	Term Loan		10/27/10		10/27/13		1		*		7.00	%	$	0			$	25	$	25
	Mohammed Abdu & H Hedru/Mbank	Term Loan		08/11/06		02/02/13		1		*		5.96	%	$	0			$	25	$	24
	Yegal Express Cab Co/Mbank	Term Loan		11/10/10		11/10/13		1		*		10.13	%	$	0			$	23	$	23
	Mry Taxi Inc/Mbank	Term Loan		07/16/12		12/15/15		1		*		3.50	%	$	0	$	21	$	21	$	21
	Opera Taxi Inc/Mbank	Term Loan		07/16/12		12/15/15		1		*		3.50	%	$	0	$	21	$	21	$	21

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Ronen Taxi Inc/Mbank	Term Loan		07/16/12		12/15/15		1		*			3.50	%	$	0	$	21	$	21	$	21
	Tyme Cab Corp	Term Loan		04/04/06		04/15/14		1		*			4.50	%	$	0			$	22	$	21
	Gerard G Tema	Term Loan		12/06/10		12/06/13		1		*			6.50	%	$	0			$	20	$	21
	Y.A.M. Associates Corp	Term Loan		11/14/11		05/14/14		1		*			6.00	%	$	0			$	19	$	20
	West Express Cab Corp/Nt 2/Mbk	Term Loan		03/19/10		07/28/14		1		*			6.17	%	$	0			$	19	$	19
	Guy Fouyolle ##	Term Loan		08/18/11		08/18/15		1		*			4.75	%	$	0			$	16	$	17
	2 Brothers Cab Corp	Term Loan		10/14/11		10/14/14		1		*			3.75	%	$	0			$	16	$	17
	Jean M Venord/Mbank	Term Loan		02/11/10		04/10/15		1		*			6.38	%	$	0			$	14	$	14
	Binh Pham	Term Loan		11/14/12		11/14/15		1		*			5.25	%	$	0	$	11	$	11	$	13
	West Express Cab Corp/Nt 1/Mbk	Term Loan		03/19/10		07/28/14		1		*			6.17	%	$	0			$	6	$	6
	Alexander Vizueta	Term Loan		05/22/12		05/22/14		1		*			5.25	%	$	0	$	5	$	4	$	6
	Jorge R Sahad/Mbank	Term Loan		04/27/10		02/03/15		1		*			8.83	%	$	0			$	5	$	5
	Jamcie Service Co Inc/Mbank	Term Loan		06/29/09		07/28/14		1		*			6.05	%	$	0			$	5	$	5
	Jean A. Alexandre	Term Loan		05/31/12		11/30/13		1		*			4.75	%	$	0	$	5	$	4	$	5
	Two Filoi Taxi Inc	Term Loan		01/15/04		01/15/14		1		*			5.75	%	$	0			$	2	$	2
Chicago								115		19	%		5.28	%	$	0	$	31,955	$	40,405	$	40,449
	Cozy Cab Et Al ##	Term Loan		12/22/11		12/22/14		1		2	%		5.50	%	$	0			$	3,380	$	3,368
	Sweetgrass Peach &Chadwick Cap ##	Term Loan		08/28/12		08/28/15		1		1	%		5.50	%	$	0	$	1,750	$	1,737	$	1,731
	Chicago Medallion Nine Llc ##	Term Loan		05/02/12		05/02/17		1		1	%		5.75	%	$	0	$	1,440	$	1,413	$	1,408
	Lucky Seven Chicago One Inc ##	Term Loan		07/19/12		07/19/15		1		1	%		4.88	%	$	0	$	1,290	$	1,281	$	1,278
	Blue Eyes Cab Corp ##	Term Loan		07/19/12		07/19/15		1		1	%		4.88	%	$	0	$	1,290	$	1,281	$	1,277
	Michael Two Cab Corp ##	Term Loan		07/12/12		07/12/15		1		*			5.00	%	$	0	$	1,080	$	1,066	$	1,063
	Johns Cabs Corp ##	Term Loan		04/12/12		04/12/15		1		*			5.00	%	$	0	$	1,050	$	1,037	$	1,034
	Harriet C Inc ##	Term Loan		10/19/12		10/19/16		1		*			5.25	%	$	0	$	940	$	937	$	935
	Chicago Medallion Two Llc ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%	$	0			$	929	$	926
	Chicago Medallion Three Llc ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%	$	0			$	929	$	926
	Chicago Medallion Four Llc ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%	$	0			$	929	$	926
	Chicago Medallion One Llc ##	Term Loan		12/02/11		12/02/16		1		*			5.75	%	$	0			$	929	$	926
	Lmb Taxi V Inc ##	Term Loan		07/12/12		07/12/15		1		*			5.00	%	$	0	$	900	$	888	$	886
	Lmb Taxi Iv Inc ##	Term Loan		07/12/12		07/12/15		1		*			5.00	%	$	0	$	900	$	888	$	886
	Deka Cab Corp (Chicago) ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	900	$	885	$	886
	Hudson Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	900	$	885	$	886
	Tribeca Two Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Stny Taxi Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Santorini Six Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Santorini Five Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Santorini Four Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Santorini Two Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Tribeca Three Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Deka Three Cab Corp ##	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	720	$	708	$	709
	Chicago Medallion Seven Llc ##	Term Loan		05/02/12		05/02/17		1		*			5.75	%	$	0	$	720	$	706	$	705
	Michelle Corp ##	Term Loan		08/16/12		08/16/15		1		*			4.75	%	$	0	$	645	$	640	$	642
	Carol Of Illinois Enterprises ##	Term Loan		10/02/12		10/02/17		1		*			5.50	%	$	0	$	585	$	583	$	585
	Mikhalia Cabs Nine Inc ##	Term Loan		07/12/12		07/12/15		1		*			5.00	%	$	0	$	540	$	533	$	535
	Kayla Hacking Corp ##	Term Loan		07/12/12		07/12/15		1		*			5.00	%	$	0	$	540	$	533	$	535
	Mike Taxi Corp ##	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	518	$	519
	Natalia Taxi Corp ##	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	517	$	518
	M&N 5Th Avenue Hacking Corp ##	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	462	$	463
	Musanour Cab Inc ##	Term Loan		11/09/12		11/09/16		1		*			5.50	%	$	0	$	420	$	420	$	422
	Blue Valentine Cab Corp	Term Loan		12/22/10		10/14/14		1		*			5.00	%	$	0			$	415	$	416
	Tumblin Dice Taxi Inc	Term Loan		12/22/10		10/14/14		1		*			5.00	%	$	0			$	415	$	416
	Moo Moo Cab Co ##	Term Loan		12/27/10		10/14/14		1		*			5.00	%	$	0			$	404	$	403
	Rahwa & Bros Cab Co ##	Term Loan		11/01/11		11/01/16		1		*			6.00	%	$	0			$	325	$	326
	Good Cab Corp/Mbank	Term Loan		03/27/12		03/27/15		1		*			4.73	%	$	0	$	296	$	292	$	292
	American Buffalo Cab Corp	Term Loan		12/22/10		10/14/14		1		*			5.00	%	$	0			$	277	$	278
	Deka Two Cab Corp	Term Loan		03/27/12		03/27/15		1		*			4.74	%	$	0	$	280	$	276	$	276
	Valasia Cab Co ##	Term Loan		01/18/12		01/18/15		1		*			5.00	%	$	0	$	280	$	275	$	276

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Chicago Seven Inc/Mbnk	Term Loan		07/19/12		07/19/15		1		*		7.25	%	$	0	$	262	$	260	$	260
	Taxi For Less Inc ##	Term Loan		09/20/12		09/20/16		1		*		5.25	%	$	0	$	250	$	249	$	250
	Tekezze Inc	Term Loan		12/14/12		12/14/17		1		*		5.50	%	$	0	$	230	$	230	$	232
	Showcase Sports Management Cor ##	Term Loan		01/22/10		01/22/13		1		*		6.00	%	$	0			$	231	$	230
	Karbala Express Inc ##	Term Loan		10/05/12		10/05/17		1		*		6.50	%	$	0	$	225	$	224	$	225
	Zeyrefda Inc ##	Term Loan		10/25/12		10/25/17		1		*		5.50	%	$	0	$	220	$	219	$	220
	Aniba Management & Services In ##	Term Loan		11/09/12		11/09/16		1		*		5.50	%	$	0	$	210	$	209	$	210
	Interwoodex Inc ##	Term Loan		09/14/12		09/14/17		1		*		6.00	%	$	0	$	190	$	189	$	190
	Annabelle Cab Corporation ##	Term Loan		07/30/12		07/30/16		1		*		5.75	%	$	0	$	180	$	178	$	179
	Tedom Inc	Term Loan		10/29/12		10/29/17		1		*		5.50	%	$	0	$	174	$	173	$	175
	Three Kids Corp	Term Loan		07/03/12		07/03/17		1		*		6.00	%	$	0	$	173	$	171	$	173
	Adi Express Inc ##	Term Loan		09/21/12		09/21/17		1		*		5.75	%	$	0	$	171	$	170	$	171
	Alex Z Cab Corp	Term Loan		09/21/12		09/21/17		1		*		5.50	%	$	0	$	170	$	168	$	170
	Jbl Express Ii Inc	Term Loan		11/04/11		11/04/15		1		*		5.75	%	$	0			$	164	$	165
	Significant Trans Inc ##	Term Loan		04/06/12		04/06/17		1		*		6.50	%	$	0	$	165	$	162	$	163
	Semhar Corp ##	Term Loan		01/31/12		01/31/17		1		*		6.00	%	$	0	$	165	$	161	$	162
	Shere Corp ##	Term Loan		01/04/12		01/04/17		1		*		6.00	%	$	0	$	165	$	160	$	161
	Tahoora Transportation Inc. ##	Term Loan		01/04/12		01/04/17		1		*		6.00	%	$	0	$	165	$	160	$	161
	Experience Chicago Inc	Term Loan		10/25/12		10/25/17		1		*		5.50	%	$	0	$	159	$	158	$	160
	Naneffe Inc ##	Term Loan		02/27/12		02/27/17		1		*		6.00	%	$	0	$	163	$	156	$	157
	Tad Taxi Co	Term Loan		12/01/11		12/01/16		1		*		5.50	%	$	0			$	152	$	154
	Yenemekoya Inc ##	Term Loan		09/10/12		09/10/17		1		*		6.00	%	$	0	$	152	$	150	$	151
	Harris 6741 Inc	Term Loan		03/02/11		03/02/16		1		*		6.50	%	$	0			$	150	$	151
	Jpg Cab Corp	Term Loan		04/23/12		04/23/17		1		*		6.50	%	$	0	$	151	$	148	$	150
	Asmara Cab Company ##	Term Loan		12/01/11		12/01/16		1		*		6.00	%	$	0			$	141	$	142
	Little Wing Cab Corp	Term Loan		04/15/11		10/14/14		1		*		5.00	%	$	0			$	140	$	141
	Little Wing Cab Corp	Term Loan		12/22/10		10/14/14		1		*		5.00	%	$	0			$	139	$	140
	Asmara Inc	Term Loan		01/03/12		01/03/17		1		*		6.00	%	$	0	$	144	$	136	$	138
	Lemlemu Inc	Term Loan		03/11/11		03/11/16		1		*		6.50	%	$	0			$	137	$	138
	Ultra Investment Corp ##	Term Loan		03/22/11		03/22/16		1		*		6.50	%	$	0			$	132	$	133
	Alem B Cab Inc ##	Term Loan		12/09/10		12/09/15		1		*		6.00	%	$	0			$	126	$	127
	Mekleteelsa Inc	Term Loan		01/27/11		01/27/15		1		*		6.50	%	$	0			$	126	$	127
	Imc Cab Corp	Term Loan		08/27/10		04/26/15		1		*		5.00	%	$	0			$	122	$	122
	Bedford Cab Two Corp	Term Loan		07/30/10		04/26/15		1		*		5.00	%	$	0			$	120	$	120
	Delina Cab Inc	Term Loan		12/21/10		12/21/15		1		*		6.00	%	$	0			$	114	$	116
	Pireas Taxi Corp ##	Term Loan		01/25/12		01/25/15		1		*		5.00	%	$	0	$	116	$	114	$	115
	Nour Enterprise Inc ##	Term Loan		03/10/10		03/10/14		1		*		7.75	%	$	0			$	109	$	110
	Antar Trans Inc	Term Loan		09/10/12		09/10/17		1		*		6.00	%	$	0	$	104	$	103	$	105
	Santorini Cab Corp/Mbank	Term Loan		03/27/12		03/27/15		1		*		6.79	%	$	0	$	105	$	103	$	103
	Measho Cab Corp	Term Loan		06/16/11		06/16/16		1		*		6.50	%	$	0			$	101	$	102
	Paik Cab Co	Term Loan		05/26/10		05/26/15		1		*		8.50	%	$	0			$	98	$	99
	Sny Cab Inc ##	Term Loan		12/14/11		12/14/16		1		*		6.00	%	$	0			$	88	$	89
	Tigray Cab Inc	Term Loan		12/03/10		12/03/15		1		*		6.50	%	$	0			$	88	$	89
	Nakfa Corp	Term Loan		07/30/10		07/30/13		1		*		6.50	%	$	0			$	86	$	86
	Addis Flower Taxi Cab Service	Term Loan		05/23/11		05/23/16		1		*		6.50	%	$	0			$	84	$	85
	Moses J Frank ##	Term Loan		05/21/12		05/21/17		1		*		8.00	%	$	0	$	70	$	67	$	68
	Tyrone Henderson	Term Loan		11/21/11		11/21/16		1		*		7.25	%	$	0			$	62	$	64
	Any Cab Corp	Term Loan		03/27/12		03/27/15		1		*		4.50	%	$	0	$	1,062	$	54	$	55
	Haris Taxi Corp ##	Term Loan		01/11/12		01/11/17		1		*		6.00	%	$	0	$	55	$	51	$	52
	New Flower Inc ##	Term Loan		12/13/10		12/13/15		1		*		6.50	%	$	0			$	49	$	50
	Tribeca Cab Corp/Mbank	Term Loan		03/27/12		03/27/15		1		*		6.83	%	$	0	$	48	$	47	$	47
	Big City Taxi Corp/Mbank	Term Loan		03/27/12		03/27/15		1		*		6.83	%	$	0	$	48	$	47	$	47
	N And M Valdof Hacking Corp	Term Loan		02/24/11		02/24/14		1		*		5.00	%	$	0			$	46	$	47
	Oia Cab Corp	Term Loan		03/27/12		03/27/15		1		*		4.50	%	$	0	$	890	$	45	$	46
	Chicago Jacal Hacking Corp	Term Loan		02/24/11		02/24/14		1		*		5.00	%	$	0			$	43	$	44
	Natasha Transportation Inc	Term Loan		02/24/11		02/24/14		1		*		5.00	%	$	0			$	43	$	44
	Madison Cab Corp	Term Loan		03/27/12		03/27/15		1		*		4.50	%	$	0	$	712	$	38	$	39
	Laight Taxi Corp	Term Loan		03/27/12		03/27/15		1		*		4.50	%	$	0	$	712	$	36	$	37

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Santorini Three Cab Corp/Mbank	Term Loan		03/27/12		03/27/15		1		*			6.79	%	$	0	$	30	$	30	$	30
	Greenwich Cab Corp	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	531	$	27	$	28
	Baby Blue Cab Corp/Mbank	Term Loan		12/29/10		10/14/14		1		*			7.47	%	$	0			$	27	$	27
	Deal Cab Inc/Mbank	Term Loan		12/29/10		10/14/14		1		*			7.47	%	$	0			$	27	$	27
	Chicago Jacal Hacking Ii Corp	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	24	$	25
	Bks Hacking Chicago Corp	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	22	$	23
	Mike Nat Hacking Chicago Corp	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	22	$	23
	Mai Sheka Inc	Term Loan		06/27/11		06/27/16		1		*			5.50	%	$	0			$	21	$	22
	Brilon One Cab Corp	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	20	$	21
	Loni’S Two Cab Corp	Term Loan		02/24/11		02/24/14		1		*			5.00	%	$	0			$	20	$	21
	Rahel Express Inc ##	Term Loan		06/29/12		06/29/16		1		*			5.75	%	$	0	$	20	$	18	$	20
	Any Cab Two Corp	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	354	$	18	$	19
	Franklin Taxi Llc	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	354	$	18	$	19
	St Petersburg Taxi Llc	Term Loan		03/27/12		03/27/15		1		*			4.50	%	$	0	$	354	$	18	$	19
	Midnight Moonlight Taxi Inc/Mb	Term Loan		12/28/10		10/14/14		1		*			7.47	%	$	0			$	13	$	13
	Mai-Nefhi Trans Inc/Mbank	Term Loan		12/16/10		12/16/15		1		*			8.75	%	$	0			$	4	$	4
Newark								99		8	%		6.70	%	$	0	$	6,214	$	17,342	$	17,427
	Hg & Zg Corporation	Term Loan		10/25/12		10/25/17		1		*			5.25	%	$	0	$	295	$	293	$	295
	One At A Time Time Transport I ##	Term Loan		09/20/12		09/20/16		1		*			5.25	%	$	0	$	290	$	288	$	289
	United Seven Trans Inc	Term Loan		06/14/12		06/14/17		1		*			5.75	%	$	0	$	290	$	286	$	288
	Levangile Milcent ##	Term Loan		12/13/12		12/13/16		1		*			5.25	%	$	0	$	285	$	285	$	283
	Esperanta Romelus &	Term Loan		10/25/12		10/25/16		1		*			5.60	%	$	0	$	276	$	276	$	278
	Mido Taxi Inc ##	Term Loan		10/25/12		10/25/16		1		*			5.25	%	$	0	$	278	$	276	$	277
	Hg & Zg Corporation	Term Loan		10/25/12		10/25/17		1		*			5.25	%	$	0	$	275	$	273	$	274
	P.C. Taxi Corp ##	Term Loan		07/19/12		07/19/16		1		*			6.00	%	$	0	$	272	$	270	$	271
	Cmgv #2 Taxi Inc ##	Term Loan		12/05/12		12/13/15		1		*			7.25	%	$	0	$	260	$	260	$	261
	085 Force Llc &	Term Loan		02/17/11		02/17/15		1		*			7.00	%	$	0			$	252	$	253
	Sonson Taxi Inc ##	Term Loan		10/25/12		10/25/17		1		*			5.50	%	$	0	$	250	$	250	$	251
	Rachel Llc	Term Loan		04/14/11		04/14/15		1		*			7.50	%	$	0			$	249	$	251
	R And B Taxi Company	Term Loan		01/15/10		01/14/14		1		*			7.00	%	$	0			$	251	$	251
	Luckner Etienne ##	Term Loan		10/25/12		10/25/16		1		*			5.50	%	$	0	$	250	$	249	$	250
	Clair 282 Llc	Term Loan		08/09/12		08/09/16		1		*			5.25	%	$	0	$	250	$	248	$	250
	Lesly Jeanjoseph	Term Loan		01/09/09		01/08/13		1		*			7.50	%	$	0			$	248	$	248
	Grec Taxi Corp	Term Loan		12/08/11		12/08/15		1		*			6.00	%	$	0			$	244	$	246
	Serge Garcon ##	Term Loan		02/16/12		02/16/16		1		*			6.00	%	$	0	$	250	$	244	$	245
	United Seven Trans Inc	Term Loan		06/14/12		06/14/17		1		*			5.75	%	$	0	$	260	$	239	$	241
	Josh & Becka Taxi Inc &	Term Loan		01/15/10		01/15/13		1		*			7.25	%	$	0			$	241	$	241
	M.K. Taxi Inc	Term Loan		04/14/11		04/14/15		1		*			6.75	%	$	0			$	238	$	240
	Wilner Novaly	Term Loan		08/12/10		07/22/14		1		*			7.50	%	$	0			$	238	$	239
	Rosemond Mathurin ##	Term Loan		12/13/12		12/13/17		1		*			5.25	%	$	0	$	234	$	234	$	235
	Ekny Fils-Aime ##	Term Loan		10/17/11		10/17/16		1		*			6.25	%	$	0			$	233	$	235
	Romise Fils-Aime	Term Loan		06/10/10		06/10/14		1		*			7.50	%	$	0			$	235	$	235
	Jean Milo Saintus ##	Term Loan		02/16/12		02/16/16		1		*			6.00	%	$	0	$	239	$	234	$	234
	S.J.L.T Joujean Inc	Term Loan		03/15/12		03/15/16		1		*			6.00	%	$	0	$	232	$	228	$	230
	Semsema Trans Corporation	Term Loan		05/17/12		05/17/17		1		*			6.00	%	$	0	$	232	$	223	$	225
	Erick Fleuridor	Term Loan		07/19/12		07/19/15		1		*			5.50	%	$	0	$	224	$	221	$	223
	Lagrande Taxi Corp	Term Loan		12/11/09		12/03/13		1		*			7.50	%	$	0			$	223	$	223
	Maitre Joa Llc	Term Loan		08/04/11		08/04/15		1		*			7.50	%	$	0			$	220	$	220
	Dern #2 Taxi Inc	Term Loan		09/16/10		09/16/14		1		*			7.50	%	$	0			$	219	$	220
	Jacob Joseph ##	Term Loan		04/02/09		04/02/13		1		*			8.50	%	$	0			$	221	$	220
	Carvin Taxi Inc	Term Loan		04/14/11		04/14/15		1		*			7.00	%	$	0			$	216	$	218
	Joseph Duverneau ##	Term Loan		02/17/11		02/17/15		1		*			7.00	%	$	0			$	215	$	216
	Joseph And Jamar Inc ##	Term Loan		10/07/10		10/07/14		1		*			7.50	%	$	0			$	212	$	213
	Marcillino Corp ##	Term Loan		09/04/08		09/04/13		1		*			7.50	%	$	0			$	211	$	210
	Stany Inc	Term Loan		05/12/11		05/12/15		1		*			6.75	%	$	0			$	206	$	208
	Fils Julien ##	Term Loan		09/03/09		09/03/13		1		*			7.50	%	$	0			$	207	$	206
	Gerard Revolus	Term Loan		05/15/08		05/14/16		1		*			6.00	%	$	0			$	206	$	205

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets		Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Alix Exavier ##	Term Loan		04/02/09		04/02/13		1		*		7.50	%	$	0			$	201	$	200
	Marie Augustin	Term Loan		02/04/10		02/04/14		1		*		7.50	%	$	0			$	198	$	198
	Timax 426 Inc	Term Loan		02/05/09		02/05/13		1		*		7.50	%	$	0			$	197	$	197
	Micheline Luxeus ##	Term Loan		12/13/12		12/13/17		1		*		5.50	%	$	0	$	193	$	193	$	195
	Zoune Taxi #2 Inc ##	Term Loan		10/12/11		10/06/16		1		*		7.50	%	$	0			$	193	$	195
	Thomas Lahens ##	Term Loan		06/09/11		06/09/15		1		*		6.75	%	$	0			$	194	$	194
	Herve Dameus & James Dameus ##	Term Loan		01/25/11		01/20/15		1		*		7.50	%	$	0			$	193	$	194
	Matias Paul ##	Term Loan		05/12/11		05/12/15		1		*		6.75	%	$	0			$	192	$	193
	Mfc Taxi Corp ##	Term Loan		09/20/11		09/19/16		1		*		6.50	%	$	0			$	190	$	191
	Jodieu Taxi Inc &	Term Loan		09/17/09		09/17/13		1		*		8.50	%	$	0			$	190	$	190
	Chell 11 Corp	Term Loan		08/12/10		08/05/14		1		*		7.00	%	$	0			$	188	$	189
	Erick Fleuridor	Term Loan		10/25/12		10/25/16		1		*		5.50	%	$	0	$	183	$	183	$	185
	Sergo Xavier Previlon ##	Term Loan		10/15/09		10/15/13		1		*		7.50	%	$	0			$	184	$	183
	Marie Jeanne Philemon	Term Loan		07/07/11		07/07/15		1		*		6.50	%	$	0			$	178	$	180
	Just 8 Taxi #2 Inc ##	Term Loan		09/20/11		09/19/15		1		*		6.00	%	$	0			$	177	$	178
	Bidon Taxi Inc	Term Loan		08/04/11		08/04/15		1		*		6.50	%	$	0			$	171	$	173
	Cassandra & Joseph Sejour Inc	Term Loan		04/09/10		04/09/14		1		*		7.75	%	$	0			$	172	$	173
	Saintilia Charles ##	Term Loan		09/13/10		09/13/14		1		*		7.50	%	$	0			$	171	$	171
	Simone Francois ##	Term Loan		05/06/11		05/06/15		1		*		7.75	%	$	0			$	169	$	170
	Adieula Figaro ##	Term Loan		10/06/11		10/06/15		1		*		6.00	%	$	0			$	167	$	168
	Charata Taxi Inc	Term Loan		04/09/10		04/09/14		1		*		7.75	%	$	0			$	161	$	162
	Jeannot Louis	Term Loan		06/11/09		06/11/13		1		*		7.00	%	$	0			$	161	$	161
	Antoines Dortin ##	Term Loan		08/12/10		08/12/14		1		*		7.50	%	$	0			$	155	$	156
	Ahmad Taxi Inc	Term Loan		06/09/11		06/09/16		1		*		6.75	%	$	0			$	152	$	154
	424 Taxi Llc	Term Loan		01/20/12		01/20/17		1		*		7.00	%	$	0	$	155	$	150	$	152
	Forward Taxi Corp	Term Loan		03/15/12		03/15/17		1		*		6.00	%	$	0	$	150	$	145	$	147
	Mebele Pierre ##	Term Loan		10/07/10		10/07/14		1		*		7.25	%	$	0			$	146	$	147
	Charles Agesilas ##	Term Loan		07/10/09		07/10/14		1		*		7.50	%	$	0			$	146	$	146
	0127 Incorporated ##	Term Loan		07/19/12		07/19/16		1		*		5.50	%	$	0	$	150	$	144	$	145
	Yves Frantz Philemon	Term Loan		01/20/11		01/20/15		1		*		7.50	%	$	0			$	135	$	136
	Renelus Dieujuste ##	Term Loan		12/03/09		12/03/13		1		*		7.50	%	$	0			$	135	$	135
	Jovin Taxi Inc ##	Term Loan		03/09/09		03/09/13		1		*		7.50	%	$	0			$	135	$	135
	Three Sons 2 Taxi Inc	Term Loan		10/15/09		10/15/15		1		*		8.00	%	$	0			$	131	$	132
	Bettie Jean &	Term Loan		10/11/07		10/11/12		1		*		8.75	%	$	0			$	131	$	131
	Alhayat Taxi Inc	Term Loan		07/07/11		07/07/15		1		*		7.25	%	$	0			$	126	$	128
	E-Z-4-U Inc	Term Loan		01/19/12		01/19/16		1		*		6.00	%	$	0	$	139	$	124	$	126
	Amilcar Prophete	Term Loan		04/02/09		04/02/13		1		*		7.50	%	$	0			$	125	$	125
	Olga Morales	Term Loan		03/15/12		03/15/16		1		*		6.00	%	$	0	$	126	$	122	$	124
	Lucita Dorely	Term Loan		10/16/09		10/15/13		1		*		8.50	%	$	0			$	123	$	123
	Louibert Julien	Term Loan		06/19/09		06/19/14		1		*		7.00	%	$	0			$	122	$	122
	Don Taxi Corp ##	Term Loan		09/02/10		09/02/14		1		*		7.50	%	$	0			$	108	$	109
	Saintvill #2 Taxi Corp	Term Loan		12/14/09		12/03/13		1		*		7.50	%	$	0			$	97	$	97
	Gerald Jean-Louis ## &	Term Loan		04/02/09		04/02/13		1		*		8.50	%	$	0			$	96	$	96
	Praise The Lord Taxi Inc	Term Loan		05/20/11		05/20/15		1		*		6.75	%	$	0			$	89	$	90
	Clameus Estimable	Term Loan		05/06/10		05/06/14		1		*		7.50	%	$	0			$	89	$	89
	Gethsemane Inc	Term Loan		02/27/09		02/27/14		1		*		7.68	%	$	0			$	88	$	88
	Mr Clean Sdam Taxi Llc	Term Loan		06/09/11		06/09/15		1		*		6.75	%	$	0			$	82	$	84
	Pola Trans Inc ##	Term Loan		07/19/12		07/19/17		1		*		5.50	%	$	0	$	83	$	82	$	83
	Pegy Taxi Corp	Term Loan		02/17/11		02/17/17		1		*		6.50	%	$	0			$	80	$	82
	Pierre Sterling	Term Loan		01/19/12		01/19/17		1		*		6.00	%	$	0	$	93	$	78	$	80
	Webert Joseph	Term Loan		02/17/11		02/17/17		1		*		6.50	%	$	0			$	63	$	65
	Jean Belony	Term Loan		06/09/11		06/09/16		1		*		6.50	%	$	0			$	56	$	58
	100 Taxi #2 Corp	Term Loan		07/25/08		07/25/15		1		*		8.00	%	$	0			$	51	$	51
	Saeiid Llc	Term Loan		09/06/11		09/06/16		1		*		6.25	%	$	0			$	40	$	42
	Abanob Trans Inc	Term Loan		06/14/07		06/14/14		1		*		8.00	%	$	0			$	34	$	34
	Marie T #2 Taxi Corp	Term Loan		12/07/06		12/07/13		1		*		8.00	%	$	0			$	24	$	24
	Marie C Taxi Inc	Term Loan		04/12/07		04/12/14		1		*		8.00	%	$	0			$	21	$	21
	Graciela Carbajal	Term Loan		05/10/07		05/10/14		1		*		8.00	%	$	0			$	20	$	20

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost  of 2012 Acquisitions (5)		Cost (4)		Fair Value
	Tchacito #2 Taxi Corp	Term Loan		12/07/06		12/07/13		1		*			8.00	%	$	0			$	12	$	12
Boston								51		9	%		5.47	%	$	0	$	13,211	$	19,713	$	19,776
	Ngozi Trans Inc.	Term Loan		12/31/12		12/31/15		1		*			4.50	%	$	0	$	660	$	660	$	663
	Ngozi Trans Inc. ##	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0	$	377	$	369	$	371
	Ngozi Trans Inc.	Term Loan		12/31/12		12/31/15		1		*			4.50	%	$	0	$	330	$	330	$	333
	Chidi Trans Inc ##	Term Loan		11/17/11		11/17/14		1		*			6.00	%	$	0			$	701	$	699
	Chidi Trans Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0	$	664	$	655	$	657
	Mish Inc	Term Loan		12/28/12		12/28/16		1		*			4.00	%	$	0	$	920	$	920	$	918
	Southside Enterprises Inc	Term Loan		12/28/12		12/28/16		1		*			4.00	%	$	0	$	920	$	920	$	918
	Chiso Trans Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0	$	628	$	619	$	621
	Arinze Trans Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0	$	621	$	612	$	614
	Arinze Trans Inc	Term Loan		02/05/10		02/05/13		1		*			7.25	%	$	0			$	613	$	613
	Chiso Trans Inc	Term Loan		11/30/09		11/30/13		1		*			7.25	%	$	0			$	552	$	552
	Johnson Holdings Inc ##	Term Loan		07/24/08		07/24/13		1		*			7.00	%	$	0			$	544	$	542
	Gabriel Trans Holdings Inc	Term Loan		04/20/12		04/20/15		1		*			5.50	%	$	0	$	540	$	530	$	532
	Memory Cab Company Inc ##	Term Loan		01/14/11		01/14/14		1		*			6.25	%	$	0			$	533	$	531
	Dadou Cab Inc	Term Loan		11/16/12		11/16/15		1		*			5.38	%	$	0	$	469	$	468	$	471
	Theo & Jj Cab Inc	Term Loan		11/16/12		11/16/15		1		*			5.38	%	$	0	$	469	$	468	$	471
	Bailey Cab Inc	Term Loan		11/09/12		11/09/15		1		*			5.50	%	$	0	$	510	$	468	$	471
	Joyful Ride Inc	Term Loan		12/28/12		12/28/16		1		*			4.00	%	$	0	$	460	$	460	$	462
	Eldali Transportation Inc	Term Loan		11/09/12		11/09/15		1		*			5.25	%	$	0	$	460	$	459	$	462
	Ruth Cab Inc	Term Loan		11/09/12		11/09/15		1		*			5.25	%	$	0	$	460	$	459	$	462
	Djbell Love Inc ##	Term Loan		09/27/12		09/27/15		1		*			5.00	%	$	0	$	440	$	439	$	441
	Odat Taxi, Inc. ##	Term Loan		10/15/12		10/15/15		1		*			5.38	%	$	0	$	440	$	438	$	440
	Theo Cab Inc ##	Term Loan		10/15/12		10/15/15		1		*			5.38	%	$	0	$	440	$	438	$	440
	Jv Taxi Inc ##	Term Loan		11/30/12		11/30/15		1		*			4.50	%	$	0	$	415	$	414	$	416
	Myra Inc	Term Loan		10/12/12		10/12/15		1		*			5.75	%	$	0	$	405	$	404	$	406
	Jason Cab Inc	Term Loan		03/02/12		03/02/15		1		*			7.75	%	$	0	$	475	$	404	$	406
	Saint Inc	Term Loan		10/12/12		10/12/15		1		*			5.75	%	$	0	$	384	$	383	$	385
	P&P Dumerant Corp &	Term Loan		10/28/11		10/28/14		1		*			7.00	%	$	0			$	379	$	381
	Jmf Cab Inc ##	Term Loan		03/27/12		03/27/15		1		*			5.70	%	$	0	$	360	$	352	$	354
	H And H Taxi Inc ##	Term Loan		11/17/11		11/17/14		1		*			6.00	%	$	0			$	342	$	344
	God Is Good Inc ##	Term Loan		02/24/12		02/24/15		1		*			5.25	%	$	0	$	346	$	339	$	341
	Shemarjamalie Cab Inc	Term Loan		02/17/12		02/17/15		1		*			6.15	%	$	0	$	335	$	323	$	325
	Boband Cab Inc ##	Term Loan		11/06/12		11/06/15		1		*			4.75	%	$	0	$	304	$	303	$	304
	Jesus Denis Cab Inc ##	Term Loan		09/24/10		09/24/13		1		*			6.25	%	$	0			$	303	$	304
	Louine Cab Inc	Term Loan		11/30/12		11/30/15		1		*			4.50	%	$	0	$	300	$	300	$	303
	Jre Taxi Inc ##	Term Loan		08/26/11		08/26/14		1		*			6.00	%	$	0			$	291	$	292
	Urzal Taxi Inc ##	Term Loan		11/05/10		11/05/13		1		*			6.00	%	$	0			$	284	$	285
	Amitaf Cab Inc ##	Term Loan		09/24/10		09/24/13		1		*			6.25	%	$	0			$	283	$	284
	Phatricksey Cab Inc ##	Term Loan		07/14/11		07/14/14		1		*			5.50	%	$	0			$	265	$	266
	Chardon Taxi Inc	Term Loan		10/20/11		10/20/14		1		*			6.75	%	$	0			$	257	$	259
	Matrem, Inc. ##	Term Loan		04/11/08		04/11/13		1		*			3.50	%	$	0			$	233	$	233
	Amour Inc. ##	Term Loan		04/11/08		04/11/13		1		*			3.50	%	$	0			$	233	$	232
	Agla, Inc. ##	Term Loan		04/11/08		04/11/13		1		*			3.50	%	$	0			$	233	$	232
	Dabola Cab Inc ##	Term Loan		11/10/11		11/10/14		1		*			5.50	%	$	0			$	180	$	181
	Stanley & Rachelle Cab Inc	Term Loan		05/23/11		05/23/14		1		*			6.00	%	$	0			$	179	$	180
	Mwinkteana Cab Inc ##	Term Loan		05/10/11		05/10/14		1		*			6.00	%	$	0			$	162	$	163
	Kena Cab Inc	Term Loan		11/06/12		11/06/15		1		*			4.75	%	$	0	$	79	$	79	$	81
	Johnson Holdings Inc	Term Loan		10/01/10		10/01/15		1		*			6.63	%	$	0			$	46	$	47
	Sarhad Coach Inc	Term Loan		05/23/08		05/23/13		1		*			7.00	%	$	0			$	44	$	44
	Sunshine Cab Inc ##	Term Loan		06/12/07		06/12/18		1		*			5.00	%	$	0			$	27	$	27
	Marthine Cab Inc	Term Loan		09/17/10		09/17/14		1		*			6.25	%	$	0			$	16	$	17
Cambridge								18		2	%		5.74	%	$	0	$	1,720	$	5,260	$	5,275
	Gcf Taxi Inc ##	Term Loan		10/08/10		10/08/13		1		*			6.60	%	$	0			$	685	$	683
	Gcf Taxi Inc, Et Al/B Note	Term Loan		11/18/10		11/18/20		1		*			6.25	%	$	0			$	548	$	550

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)		Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost of 2012 Acquisitions (5)		Cost (4)		Fair Value
		Mgf Taxi Inc	Term Loan		05/06/11		05/06/14		1		*			6.50	%	$	0			$	375	$	376
		Hope-Lynn Cabworks Inc ##	Term Loan		04/01/11		04/01/14		1		*			6.00	%	$	0			$	364	$	365
		Desdunes Cab Inc	Term Loan		09/21/12		09/21/15		1		*			5.00	%	$	0	$	355	$	352	$	354
		Drumman Trans Inc	Term Loan		12/07/12		12/07/15		1		*			4.50	%	$	0	$	349	$	349	$	352
		Patrick Cab Inc	Term Loan		12/15/09		12/15/15		1		*			4.50	%	$	0			$	329	$	329
		Andrew Cab Inc	Term Loan		12/15/09		12/15/15		1		*			4.50	%	$	0			$	327	$	327
		Legend Trans Inc	Term Loan		01/29/10		07/29/13		1		*			7.40	%	$	0			$	310	$	310
		Sam Taxi Inc	Term Loan		03/19/10		03/10/13		1		*			6.50	%	$	0			$	307	$	307
		Marcia And Everton Cab Inc ##	Term Loan		11/09/12		11/09/15		1		*			4.00	%	$	0	$	300	$	299	$	300
		Walger Inc	Term Loan		01/26/12		01/26/15		1		*			5.50	%	$	0	$	296	$	290	$	292
		Raad Taxi Inc	Term Loan		06/26/12		06/26/15		1		*			5.50	%	$	0	$	290	$	286	$	288
		Randah Cab Inc ##	Term Loan		11/15/10		11/15/13		1		*			5.75	%	$	0			$	207	$	208
		Taxi Technology Inc ##	Term Loan		10/26/12		10/26/15		1		*			4.75	%	$	0	$	130	$	129	$	131
		Viel Cab Inc/Mbank	Term Loan		02/19/10		02/19/13		1		*			9.22	%	$	0			$	46	$	46
		Brattle Transportation Service/Mbank	Term Loan		12/17/09		12/17/15		1		*			7.73	%	$	0			$	39	$	39
		Gasperina Trans Inc/Mbank	Term Loan		09/19/08		03/19/15		1		*			8.48	%	$	0			$	18	$	18
Other									12		1	%		6.70	%	$	0	$	224	$	2,899	$	2,898
		Dorit Matityahu ##	Term Loan		08/04/11		08/04/14		1		1	%		6.25	%	$	0			$	2,132	$	2,124
		Tjp Inc ##	Term Loan		01/09/12		01/09/15		1		*			6.00	%	$	0	$	224	$	220	$	221
		Hantin Trans/Aventura Taxi &	Term Loan		06/16/10		06/16/17		1		*			8.25	%	$	0			$	145	$	147
		Zelalem S. Alemu	Term Loan		04/28/08		04/28/13		1		*			11.00	%	$	0			$	110	$	110
		Wiljean Marcelin &	Term Loan		11/17/10		12/01/15		1		*			8.25	%	$	0			$	102	$	103
		Getrot Michel	Term Loan		03/07/08		03/23/14		1		*			7.75	%	$	0			$	76	$	76
		Elzira & Luc Cab Inc.	Term Loan		08/17/10		08/17/13		1		*			8.25	%	$	0			$	45	$	46
		Elysse Corporation	Term Loan		09/10/10		03/10/18		1		*			8.25	%	$	0			$	30	$	32
		Wiljean Marcelin/Fs &	Term Loan		11/17/10		12/01/15		1		*			7.00	%	$	0			$	15	$	15
		Oddy Transportation Services I	Term Loan		11/26/07		11/27/14		1		*			8.00	%	$	0			$	14	$	14
		Odney Cab Inc/Mbank	Term Loan		12/22/10		12/22/15		1		*			11.50	%	$	0			$	7	$	7
		Durosier Xavier/Mbank	Term Loan		08/16/10		07/01/15		1		*			7.25	%	$	0			$	3	$	3
Total medallion loans ($227,521 pledged as collateral under borrowing arrangements)									715		136	%		4.46	%	$	0	$	151,685	$	294,183	$	294,388
Commercial Loans
Secured mezzanine(29% Minnesota, 14% Oklahoma, 9% North Carolina, 9% Texas, 8% New York
7% California, 6% Wisconsin, 5% Arizona, 5% Florida and 8% all other states(2)
Manufacturing (68% of the total)		Reel Power	Term loan		12/31/09		02/04/14		1		2	%		14.00	%	$	86			$	3,587	$	3,587
		Bluff Manufacturing (interest rate includes PIK interest of 3.50%)	Term loan		12/14/12		12/14/17		1		1	%		15.50	%	$	5	$	3,000	$	3,005	$	3,016
		Process Fab & (interest rate includes PIK interest of 8.00%)	Term loan		04/17/08		12/31/15		1		1	%		8.00	%					$	4,500	$	2,815
		Quaker Bakery (interest rate includes PIK interest of 5.00%)	Term loan		03/28/12		03/28/17		1		1	%		17.00	%	$	103	$	2,600	$	2,703	$	2,692
	+	Packaging Specialists (interest rate includes PIK interest of 6.00%)	Term loan		04/01/08		12/31/13		1		1	%		14.00	%	$	224			$	2,214	$	2,214
		Aeration & (interest rate includes PIK interest of 21.00%)	Term loan		12/31/10		04/30/13		1		1	%		21.00	%	$	81			$	2,416	$	2,187
	+	PACA Foods &	Term loan		12/31/10		12/31/15		1		1	%		13.00	%					$	2,623	$	2,021
		Dynamic Systems (interest rate includes PIK interest of 3.50%)	Term loan		12/23/10		12/23/17		1		1	%		15.50	%	$	33			$	1,858	$	1,858
	+	RespirTech	Term loan		04/25/12		04/25/17		1		1	%		12.00	%			$	1,500	$	1,500	$	1,510
		Orchard &	Term loan		03/10/99		03/31/10		1		1	%		13.00	%					$	1,390	$	1,390
		Motion Tech (interest rate includes PIK interest of 6.00%)	Term loan		12/23/10		12/23/15		1		1	%		18.00	%	$	38			$	1,325	$	1,329
	+	Door Engineering	Term loan		12/15/04		12/31/14		1		*			13.00	%					$	1,050	$	1,042
	+	Waltek	Term loan		03/31/06		03/31/13		1		*			12.00	%	$	62			$	1,041	$	1,041

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name		Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost of 2012 Acquisitions (5)		Cost (4)		Fair Value
		Storflex (interest rate includes PIK interest of 2.00%)	Term loan		07/17/12		07/17/17		1		*			14.00	%			$	1,000	$	1,000	$	1,013
	+	DMI Acquisition (interest rate includes PIK interest of 2.00%)	Term loan		06/22/12		06/22/15		1		*			14.00	%	$	7	$	625	$	632	$	642
Administrative and Support Services (12% of the total)		Verifications	Term loan		09/06/12		09/06/17		1		1	%		12.00	%			$	2,500	$	2,500	$	2,517
	+	Staff One & (interest rate includes PIK interest of 13.00%)	Term loan		06/30/08		12/31/13		1		1	%		13.00	%					$	3,306	$	1,854
	+	Staff One & (interest rate includes PIK interest of 13.00%)	Term loan		09/15/11		12/31/13		1		*			13.00	%					$	615	$	615
		Ecological Systems (ESI) & (interest rate includes PIK interest of 9.00%)	Term loan		01/14/05		01/14/10		1		*			19.00	%	$	198			$	989	$	0
Arts, Entertainment, and Recreation (9% of the total)		RPAC Racing (interest rate includes PIK interest of 10.00%)	Term loan		11/19/10		11/19/15		1		2	%		10.00	%	$	703			$	3,742	$	3,742
Professional, Scientific, and Technical Services (6% of the total)	+	Portu-Sunberg	Term loan		12/31/12		12/31/17		1		1	%		12.00	%			$	2,500	$	2,500	$	2,514
		McCaully &	Term loan		10/26/11		11/01/14		1		*			10.00	%	$	96			$	96	$	96
Accommodation and Food Services (2% of the total)		Javier & David	Term loan		11/05/10		11/05/15		1		*			9.25	%					$	577	$	573
		Star &	Term loan		06/30/00		10/01/15		1		*			10.00	%					$	1,197	$	231
		Multiconcepts &	Term loan		06/30/00		10/01/15		1		*			10.00	%	$	179			$	1,261	$	181
Health Care and Social Assistance (2% of the total)	+	Will Vision &	Term loan		06/28/07		06/30/17		1		*			7.00	%					$	1,219	$	919
Retail Trade (1% of the total)		Retail &	Term loan		06/30/00		10/01/15		1		*			10.00	%	$	2			$	610	$	234
Total secured mezzanine(2)									27		19	%		13.04	%	$	1,817	$	13,725	$	49,456	$	41,833
Asset-based Other secured commercial (74% New York, 12% New Jersey, 5% Delaware and 9% all other states)
Wholesale Trade (43% of the total)		Capitalsea, LLC ##	Revolving line of credit		11/07/05		11/07/13		1		1	%		4.50	%	$	0			$	1,558	$	1,530
		Newburg Egg Corp. ##	Revolving line of credit		03/16/99		03/16/13		1		*			6.00	%	$	0			$	967	$	953
		REL International	Revolving line of credit		04/11/07		04/11/13		1		*			5.25	%	$	0			$	258	$	250
		Snow Shoe Refractories, LLC	Revolving line of credit		11/30/11		11/30/13		1		*			6.00	%	$	0			$	255	$	247
		Magic Moments	Revolving line of credit		01/23/08		01/23/13		1		*			6.75	%	$	0			$	205	$	201
		Pride of Neptune, Inc. ##	Revolving line of credit		01/14/02		01/14/13		1		*			4.75	%	$	0			$	162	$	160
		Atlantic Veal & Lamb, Inc. ##	Revolving line of credit		08/15/01		08/15/13		1		*			5.50	%	$	0			$	97	$	96
		Southstream Seafoods, Inc	Revolving line of credit		06/01/12		06/01/13		1		*			6.25	%	$	0	$	74	$	74	$	73
		Banner Smoked Fish, Inc. ##	Revolving line of credit		03/27/01		03/27/13		1		*			5.25	%	$	0			$	54	$	53
		Two Cousins Fish Market, Inc.	Revolving line of credit		01/23/99		01/23/13		1		*			5.25	%	$	0			-$	59	-$	59
Transportation and Warehousing (19% of the total)		Fleet Radio Dispatch Corp. ##	Revolving line of credit		12/31/01		12/31/13		1		*			6.00	%	$	0			$	771	$	760
		Communicar Incorporated ##	Revolving line of credit		02/06/04		02/06/13		1		*			7.25	%	$	0			$	370	$	365
		Chauffeured Services Unlimited	Revolving line of credit		05/02/06		05/02/13		1		*			8.00	%	$	0			$	208	$	205
		Big Daddy Drayage, Inc.	Revolving line of credit		10/18/06		10/18/13		1		*			5.75	%	$	0			$	162	$	152
		Luxury Worldwide	Revolving line of credit		07/20/07		07/20/13		1		*			5.75	%	$	0			-$	52	-$	55
Retail Trade (10% of the total)		I & E Tire Corp. ##	Revolving line of credit		12/21/98		12/21/13		1		*			5.75	%	$	0			$	326	$	321
		Cyrus R. Fox, Inc. ##	Revolving line of credit		08/31/06		08/31/13		1		*			5.75	%	$	0			$	167	$	157
		CNC Associated N.Y.	Revolving line of credit		07/24/01		07/24/13		1		*			5.75	%	$	0			$	120	$	118
		Colt, Inc.	Revolving line of credit		10/12/04		10/12/13		1		*			6.31	%	$	0			$	71	$	67
		The Dependable Food Corp. ##	Revolving line of credit		10/19/98		10/19/13		1		*			4.75	%	$	0			$	54	$	53

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars in thousands)	Obligor Name		Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date		No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost of 2012 Acquisitions (5)		Cost (4)		Fair Value
Finance and Insurance (9% of the total)		Merchant Advance, LLC	Revolving line of credit		10/25/05		10/25/13		1		*			6.25	%	$	0			$	250	$	231
		US Military	Revolving line of credit		07/25/07		07/25/13		1		*			4.25	%	$	0			$	148	$	139
		Special Financing Company, LLC	Revolving line of credit		02/06/02		02/06/13		1		*			8.25	%	$	0			$	100	$	99
		RAS Group, Inc.	Revolving line of credit		02/14/08		02/14/13		1		*			5.50	%	$	0			$	75	$	72
		United First Federal Corp.	Revolving line of credit		08/04/03		08/04/13		1		*			7.75	%	$	0			$	72	$	71
		North Shore Leasing & Funding	Revolving line of credit		11/10/11		11/10/13		1		*			8.25	%	$	0			$	33	$	32
Construction (7% of the total)		Triple A. Supplies, Inc. ##	Revolving line of credit		07/20/99		07/20/13		1		*			5.75	%	$	0			$	528	$	520
		Dritac Flooring Products, LLC	Revolving line of credit		06/29/99		06/29/13		1		*			6.00	%	$	0			$	27	$	26
Manufacturing (7% of the total)		Fine Line Graphics, Inc.	Revolving line of credit		11/29/05		11/29/13		1		*			6.50	%	$	0			$	159	$	147
		Danbury Pharma, LLC	Revolving line of credit		05/06/11		05/06/13		1		*			7.00	%	$	0			$	141	$	140
		Matthew Die Division LLC	Revolving line of credit		02/18/10		02/18/13		1		*			6.25	%	$	0			$	78	$	76
		American Bio Medica Corp.	Revolving line of credit		04/20/12		04/20/13		1		*			7.25	%	$	0	$	58	$	58	$	61
		Absecon Mills, Inc. ##	Revolving line of credit		07/07/04		07/07/13		1		*			6.25	%	$	0			$	58	$	51
		JLM Couture Inc.	Revolving line of credit		06/22/10		06/22/13		1		*			5.75	%	$	0			$	23	$	20
		Douglass Industries, Inc. ##	Revolving line of credit		07/07/04		07/07/13		1		*			6.25	%	$	0			$	12	$	10
Administrative and Support Services (4% of the total)		Empro, Inc. (HHCNY, Inc)	Revolving line of credit		06/22/04		06/22/13		1		*			5.75	%	$	0			$	165	$	157
		Raritan Building Service Corp	Revolving line of credit		06/30/07		06/30/13		1		*			5.50	%	$	0			$	143	$	138
Accommodation and Food Services (1% of the total)		Flaum Appetizing Corp.	Revolving line of credit		04/27/11		04/27/13		1		*			6.00	%	$	0			$	66	$	64
Health Care and Social Assistance (0% of the total)		Heart to Heart Health Care	Revolving line of credit		11/09/12		11/09/13		1		*			5.75	%	$	0	$	15	$	15	$	12
		Heart to Heart Home Care ##	Revolving line of credit		10/02/07		10/02/13		1		*			5.75	%	$	0			-$	288	-$	301
Total asset-based ($5,755 pledged as collateral under borrowing arrangements)									40		3	%		5.79	%	$	0	$	147	$	7,631	$	7,412
Other secured commercial (69% New York, 29% New Jersey, 2% Illinois)
Accommodation and Food Services (47% of the total)		Dune Deck Owners Corp ##	Term loan		04/24/07		03/31/14		1		1	%		7.25	%					$	3,081	$	3,081
		El Tropico Family Rest Ii Llc &	Term loan		11/29/05		03/18/14		1		*			4.50	%					$	306	$	244
		Cardenas Corp	Term loan		07/29/08		02/25/15		1		*			10.50	%					$	185	$	184
		Pc One Inc Dba The Willett Hou	Term loan		05/25/05		03/25/13		1		*			8.50	%					$	129	$	129
Retail Trade (47% of the total)		Guyonamar Food Corp	Term loan		03/17/11		03/17/16		1		*			9.25	%					$	709	$	705
		Antonio Rosado	Term loan		03/15/12		03/15/17		1		*			9.50	%			$	675	$	645	$	640
		La Conga Food Market Inc	Term loan		10/09/12		01/09/20		1		*			9.00	%			$	600	$	600	$	594
		616 Broadway Llc	Term loan		02/10/11		12/17/14		1		*			8.50	%					$	339	$	340
		F.J.P. Meat Market Inc &	Term loan		02/06/12		02/06/17		1		*			9.50	%			$	360	$	322	$	320
		East Bronx Food Corp	Term loan		04/06/12		04/06/19		1		*			9.50	%			$	337	$	315	$	313
		Drr Enterprises Llc	Term loan		10/28/08		10/17/13		1		*			11.00	%					$	180	$	180
		New Era Meat Supermarket Llc	Term loan		09/13/06		09/16/13		1		*			12.00	%					$	114	$	114
		Mi Favorita Food Corp &	Term loan		08/13/09		12/26/14		1		*			9.25	%					$	92	$	92
		Moderne Barn Wines&Spirits Inc	Term loan		12/07/09		08/09/16		1		*			6.00	%					$	85	$	85
		G&C Grocery Inc &	Term loan		05/19/08		08/23/15		1		*			0.00	%					$	77	$	77
		39-04 Skillman Llc & G&A Auto	Term loan		08/04/11		08/04/14		1		*			6.00	%					$	70	$	71
		Julio Castillo &	Term loan		08/18/08		03/01/14		1		*			10.50	%					$	56	$	56
		Salomon Deli Grocery Corp &	Term loan		05/19/08		05/19/13		1		*			10.75	%					$	24	$	24
Other Services (except Public Administration) (3% of the total)		2617 S Wabash Ave Realty Llc	Term loan		01/16/04		01/16/14		1		*			5.50	%					$	137	$	137

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(Dollars inthousands)		Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	No. of Invest.		% of Net Assets			Interest Rate(1)			Capitalized Interest		Original Cost of 2011 Acquisitions (5)		Cost (4)		Fair Value
		Newco Laundry Systems I Inc	Term loan	05/02/09	05/02/14		1		*			6.50	%					$	84	$	84
Real Estate and Rental and Leasing (3% of the total)		Rala Management	Term loan	04/22/99	09/01/15		1		*			4.75	%					$	118	$	118
		Thursday Morning Inc	Term loan	04/01/10	04/01/15		1		*			6.00	%					$	79	$	78
Transportation and Warehousing (0% of the total)		Pro-Serve Auto Care Inc	Term loan	12/02/10	11/22/13		1		*			6.50	%					$	7	$	8
Total other secured commercial loans ($3,081 pledged as collateral under borrowing arrangements)							23		4	%		8.01	%	$	0	$	1,972	$	7,754	$	7,674
Total commercial loans ($8,836 pledged as collateral under borrowing arrangements)(2)							90		26	%		11.59	%	$	1,817	$	15,844	$	64,841	$	56,919
Commercial Banking		Medallion Bank **	100% of common stock	05/16/02	None		1		43	%		11.39	%	$	0			$	92,169	$	92,169
Art Dealer		Medallion Fine Art, Inc.	100% of common stock	12/03/12	None		1		1	%		0.00	%	$	0	$	2,843	$	2,843	$	2,843
Real Estate		Medallion Hamptons Holding LLC	100% of membership interests	06/21/05	None		1		1	%		0.00	%	$	0			$	2,696	$	2,696
Loan Servicing		Medallion Servicing Corp.	100% of common stock	11/05/10	None		1		*			0.00	%	$	0			$	613	$	613
Professional Sports Team		Lax Group LLC	42% of membership interests	5/23/2012	None		1		*			0.00	%	$	0	$	900	$	461	$	461
Advertising		Generation Outdoor, Inc.	100% of common stock	12/20/04	None		1		*			0.00	%	$	0			$	274	$	274
Advertising		Medallion Sports Media, Inc.	100% of common stock	01/05/11	None		1		*			0.00	%	$	0			$	27	$	27
Investment in Medallion Bank and other controlled subsidiaries, net							7		46	%		10.60	%	$	0	$	3,743	$	99,083	$	99,083
Equity investments
Commercial Finance		Convergent Capital, Ltd**	7% of limited partnership interest	07/20/07	None		1		1	%		0.00	%	$	0			$	1,294	$	1,793
Banking		FNBNY, Inc.**	*	03/30/12	None		1		*			0.00	%	$	0	$	750	$	750	$	750
Appliance Recycler #		Appliance Recycling Centers of America, Inc.	8.86% of common stock	09/10/98	None		1		*			0.00	%	$	0			$	0	$	579
NASCAR Race Team		Medallion MotorSports, LLC	75% of limited liability interest	11/24/10	None		1		*			0.00	%	$	0			$	454	$	454
Bakery		Quaker Bakery	*	03/28/12	None		1		*			0.00	%	$	0			$	359	$	359
Machinery Manufacturer	+	Reel Power International, Inc.	2% of common stock	08/04/08	None		1		*			0.00	%	$	0			$	318	$	318
Real Estate Investment		PMC Commercial Trust **	*	12/30/10	None		1		*			8.45	%	$	0			$	901	$	232
Surgical Instruments		Summit Medical, Inc.	9.25% of common stock	11/01/10	None		1		*			0.00	%	$	0			$	135	$	135
Equipment Manufacturing		Aeration Industries International, LLC	5.25% of limited liability interest	12/31/10	None		1		*			0.00	%	$	0			$	365	$	0
Equity investments, net							9		2	%		1.66	%	$	0	$	750	$	4,576	$	4,620
Investment securities
Investment securities, net							0		0	%		0.00	%	$	0	$	0	$	0	$	0
Net Investments ($236,357 pledged as collateral under borrowing arrangements) (3)							821		210	%		6.75	%	$	1,817	$	172,022	$	462,683	$	455,010

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2012

(1) Represents the actual or weighted average interest or dividend rate of the respective security or portfolio as of the date indicated. Investments without an interest rate or with a rate of 0.00% are considered non-income producing.

(2) Included in secured mezzanine commercial loans was $1,817 of interest income capitalized into the outstanding investment balances, in accordance with the terms of the investment contract.

(3) The ratio of restricted securities fair value to net assets is 210%.

(4) Gross unrealized appreciation, gross unrealized depreciation, and net appreciation for federal income tax purposes totaled $8,571, $10,965 and $27,606, respectively. The tax cost of investments was $427,404.

(5) For revolving lines of credit the amount shown is the cost at December 31, 2012.

* Less than 1.0%

** Not an eligible portfolio company as such term is defined in Section 2(a)(46) of the 1940 Act. The percentage value of all non-eligible portfolio companies to totaled assets of Medallion Financial on an unconsolidated basis was up to 28% and up to 29% on a consolidated basis. Under the 1940 Act, we may not acquire any non-qualifying assets, unless at the time such acquisition is made, qualifying assets, which include securities of eligible portfolio companies, represent at least 70% of our total assets. The status of these assets under the 1940 Act are subject to change. We monitor the status of these assets on an ongoing basis.

& Loan is on nonaccrual status, or past due on contractual payments, and is therefore considered non-income producing.

# Publicly traded but sales subject to applicable Rule 144 limitations.

## Pledged as collateral under borrowing arrangements.

+ Includes various warrants, all of which have a cost and fair value of zero at December 31, 2012.