tiprankstipranks
Advertisement
Advertisement

SBA Review Puts Medallion Financial’s Access to Long-Term Capital at Risk

SBA Review Puts Medallion Financial’s Access to Long-Term Capital at Risk

Medallion Financial (MFIN) has disclosed a new risk, in the Debt & Financing category.

Claim 55% Off TipRanks

Medallion Financial faces uncertainty because the SBA is reviewing Medallion Capital’s management team, and until that review is successfully completed, the company cannot access new SBA debenture financing or refinance existing SBA debentures. This could limit its ability to secure attractive long-term, fixed-rate capital and constrain financing for portfolio company investments under the SBIC license.

Overall, Wall Street has a Hold consensus rating on MFIN stock based on 1 Hold.

To learn more about Medallion Financial’s risk factors, click here.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1