Exhibit 99.1

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                           |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                               |  |      |                                     |  |   |                      |  |  |          |       |  |           |   |         |  |  |   |         |  |  |   |         | 
|---------------------- |  |  |  | ----------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | -- | - | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | ----- |  | --------- | - | ------- |  |  | - | ------- |  |  | - | ------- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                              |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |    |   | Capitalized/ DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |       |  | FairValue |  
|Medallion Loans        |  |  |  |                                                                                           |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                               |  |      |                                     |  |   |                      |  |  |          |       |  |           |   |         |  |  |   |         |  |  |   |         | 
|New York               |  |  |  |                                                                                           |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 334           |  |  |                  | 46 | % |                               |  | 4.33 | %                                   |  | $ | 1,628                |  |  | $        | 6,892 |  |           | $ | 142,439 |  |  | $ | 140,661 |  |  | $ | 121,090 | 
|                       |  |  |  | Sean Cab Corp ##                                                                          |  | Term Loan                                           |  |                 | 12/09/11 |  |              |  | 11/23/18 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 4.63 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 3,131   |  |  | $ | 3,131   |  |  | $ | 3,131   | 
|                       |  |  |  | Real Cab Corp ##                                                                          |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 2,545   |  |  | $ | 2,545   |  |  | $ | 2,545   | 
|                       |  |  |  | Real Cab Corp ##                                                                          |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 350     |  |  | $ | 350     |  |  | $ | 350     | 
|                       |  |  |  | Slo Cab Corp ##                                                                           |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,527   |  |  | $ | 1,527   |  |  | $ | 1,527   | 
|                       |  |  |  | Slo Cab Corp ##                                                                           |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 210     |  |  | $ | 210     |  |  | $ | 210     | 
|                       |  |  |  | Junaid Trans Corp ## & {Annually-Prime plus 1.00%}                                        |  | Term Loan                                           |  |                 | 04/30/13 |  |              |  | 04/29/19 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,373   |  |  | $ | 1,373   |  |  | $ | 1,373   | 
|                       |  |  |  | Kby Taxi Inc ## {One-Time-Prime minus .75%}                                               |  | Term Loan                                           |  |                 | 01/29/18 |  |              |  | 01/28/23 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  | $        | 1,326 |  |           | $ | 1,320   |  |  | $ | 1,319   |  |  | $ | 1,321   | 
|                       |  |  |  | Avi Taxi Corporation ## {One-Time-Prime minus .75%}                                       |  | Term Loan                                           |  |                 | 01/29/18 |  |              |  | 01/28/23 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  | $        | 1,326 |  |           | $ | 1,320   |  |  | $ | 1,319   |  |  | $ | 1,321   | 
|                       |  |  |  | Anniversary Taxi Corp ## {One-Time-Prime minus .75%}                                      |  | Term Loan                                           |  |                 | 01/29/18 |  |              |  | 01/28/23 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  | $        | 1,326 |  |           | $ | 1,320   |  |  | $ | 1,319   |  |  | $ | 1,321   | 
|                       |  |  |  | Apple Cab Corp ## {One-Time-Prime minus .75%}                                             |  | Term Loan                                           |  |                 | 01/29/18 |  |              |  | 01/28/23 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  | $        | 1,326 |  |           | $ | 1,320   |  |  | $ | 1,319   |  |  | $ | 1,321   | 
|                       |  |  |  | Hj Taxi Corp ## {One-Time-Prime minus .75%}                                               |  | Term Loan                                           |  |                 | 01/29/18 |  |              |  | 01/28/23 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  | $        | 1,326 |  |           | $ | 1,320   |  |  | $ | 1,319   |  |  | $ | 1,321   | 
|                       |  |  |  | Uddin Taxi Corp ## &                                                                      |  | Term Loan                                           |  |                 | 11/05/15 |  |              |  | 11/05/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,281   |  |  | $ | 1,281   |  |  | $ | 1,281   | 
|                       |  |  |  | Waylon Transit LLC ##                                                                     |  | Term Loan                                           |  |                 | 09/27/17 |  |              |  | 09/27/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,267   |  |  | $ | 1,267   |  |  | $ | 1,269   | 
|                       |  |  |  | Sonu-Seema Corp ## (interest rate includes deferred interest of 2.50%)                    |  | Term Loan                                           |  |                 | 12/07/12 |  |              |  | 12/20/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 42                   |  |  |          |       |  |           | $ | 1,266   |  |  | $ | 1,266   |  |  | $ | 1,266   | 
|                       |  |  |  | Bunty & Jyoti Inc ## (interest rate includes deferred interest of 2.50%)                  |  | Term Loan                                           |  |                 | 03/13/13 |  |              |  | 12/13/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 43                   |  |  |          |       |  |           | $ | 1,250   |  |  | $ | 1,250   |  |  | $ | 1,250   | 
|                       |  |  |  | Earie Hacking LLC ##                                                                      |  | Term Loan                                           |  |                 | 12/28/15 |  |              |  | 12/28/20 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.60 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,173   |  |  | $ | 1,173   |  |  | $ | 1,174   | 
|                       |  |  |  | Yosi Transit Inc ##                                                                       |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,018   |  |  | $ | 1,018   |  |  | $ | 1,018   | 
|                       |  |  |  | Yosi Transit Inc ##                                                                       |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 140     |  |  | $ | 140     |  |  | $ | 140     | 
|                       |  |  |  | Ride Yellow LLC ## (interest rate includes deferred interest of 1.75%)                    |  | Term Loan                                           |  |                 | 02/01/13 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 29                   |  |  |          |       |  |           | $ | 1,144   |  |  | $ | 1,144   |  |  | $ | 1,144   | 
|                       |  |  |  | Miklos Hacking Corp ##                                                                    |  | Term Loan                                           |  |                 | 02/26/14 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,138   |  |  | $ | 1,138   |  |  | $ | 1,138   | 
|                       |  |  |  | Cfn Cab Corp ##                                                                           |  | Term Loan                                           |  |                 | 02/26/14 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,138   |  |  | $ | 1,138   |  |  | $ | 1,138   | 
|                       |  |  |  | Flow Taxi Corp ## & {Annually-Prime plus .25%}                                            |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,108   |  |  | $ | 1,108   |  |  | $ | 1,110   | 
|                       |  |  |  | Ukraine Service Co ## & {Annually-Prime plus .25%}                                        |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,108   |  |  | $ | 1,108   |  |  | $ | 1,110   | 
|                       |  |  |  | Lil Amandachaka Hacking Corp ## & {Annually-Prime plus .25%}                              |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,108   |  |  | $ | 1,108   |  |  | $ | 1,110   | 
|                       |  |  |  | Mickeybus Taxi LLC ##                                                                     |  | Term Loan                                           |  |                 | 10/25/17 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,047   |  |  | $ | 1,047   |  |  | $ | 1,049   | 
|                       |  |  |  | Avilie Service Inc ## {Annually-Prime plus .25%}                                          |  | Term Loan                                           |  |                 | 02/11/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,030   |  |  | $ | 1,030   |  |  | $ | 1,030   | 
|                       |  |  |  | New Direction Cab Corp ## &                                                               |  | Term Loan                                           |  |                 | 11/18/11 |  |              |  | 02/18/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,011   |  |  | $ | 1,011   |  |  | $ | 1,011   | 
|                       |  |  |  | Big Ari Taxi Corp ## {Annually-Prime} (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.75 | %                                   |  | $ | 25                   |  |  |          |       |  |           | $ | 988     |  |  | $ | 988     |  |  | $ | 988     | 
|                       |  |  |  | Bellsky Taxi Llc ## {Annually-Prime} (interest rate includes deferred interest of 1.50%)  |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.75 | %                                   |  | $ | 25                   |  |  |          |       |  |           | $ | 981     |  |  | $ | 981     |  |  | $ | 981     | 
|                       |  |  |  | Jump Service Co Inc ## {Annually-Prime plus .25%}                                         |  | Term Loan                                           |  |                 | 02/11/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 957     |  |  | $ | 957     |  |  | $ | 957     | 
|                       |  |  |  | Nelsk Taxi Inc ## (interest rate includes deferred interest of 2.25%)                     |  | Term Loan                                           |  |                 | 08/20/13 |  |              |  | 08/15/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.25 | %                                   |  | $ | 34                   |  |  |          |       |  |           | $ | 904     |  |  | $ | 904     |  |  | $ | 904     | 
|                       |  |  |  | Humidity Hacking Corp ##                                                                  |  | Term Loan                                           |  |                 | 03/07/13 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 900     |  |  | $ | 900     |  |  | $ | 900     | 
|                       |  |  |  | Typhoon Hacking Corp ##                                                                   |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 847     |  |  | $ | 847     |  |  | $ | 847     | 
|                       |  |  |  | Hedy Hacking Corp. ##                                                                     |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 847     |  |  | $ | 847     |  |  | $ | 847     | 
|                       |  |  |  | Nedrag Trans Corp ##                                                                      |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 847     |  |  | $ | 847     |  |  | $ | 847     | 
|                       |  |  |  | Lety Cab Corp ##                                                                          |  | Term Loan                                           |  |                 | 10/25/17 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 832     |  |  | $ | 832     |  |  | $ | 834     | 
|                       |  |  |  | Go Boy Cab Corp ## {Annually-Prime plus 1.00%}                                            |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/10/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 785     |  |  | $ | 785     |  |  | $ | 785     | 
|                       |  |  |  | Holdem Cab Corp ## {Annually-Prime plus 1.00%}                                            |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/10/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 785     |  |  | $ | 785     |  |  | $ | 785     | 
|                       |  |  |  | Gurpreet Singh & Manpreet Sing ## (interest rate includes deferred interest of 2.75%)     |  | Term Loan                                           |  |                 | 06/25/13 |  |              |  | 06/25/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.25 | %                                   |  | $ | 37                   |  |  |          |       |  |           | $ | 735     |  |  | $ | 735     |  |  | $ | 735     | 
|                       |  |  |  | Zahav Taxi LLC ## (interest rate includes deferred interest of 1.75%)                     |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 18                   |  |  |          |       |  |           | $ | 724     |  |  | $ | 724     |  |  | $ | 724     | 
|                       |  |  |  | Hot Wheels Taxi LLC ## (interest rate includes deferred interest of 1.75%)                |  | Term Loan                                           |  |                 | 03/01/13 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 18                   |  |  |          |       |  |           | $ | 710     |  |  | $ | 710     |  |  | $ | 710     | 
|                       |  |  |  | Willie Transit LLC ##                                                                     |  | Term Loan                                           |  |                 | 10/25/17 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 698     |  |  | $ | 698     |  |  | $ | 700     | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                                |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | ---------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                                   |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Alltaxitwo Cab Corp ## & {Annually-Prime}                                                      |  | Term Loan                                           |  |                 | 12/21/16 |  |              |  | 12/21/26 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 691 |  |  | $ | 691 |  |  | $ | 693 | 
|                       |  |  |  | Orys Trans Corp ## & {Annually-Prime}                                                          |  | Term Loan                                           |  |                 | 12/21/16 |  |              |  | 12/21/26 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 691 |  |  | $ | 691 |  |  | $ | 693 | 
|                       |  |  |  | Rakesh Aggarwal & Jasvir Singh ##                                                              |  | Term Loan                                           |  |                 | 05/07/14 |  |              |  | 11/07/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 680 |  |  | $ | 680 |  |  | $ | 680 | 
|                       |  |  |  | Joseph R Jean ## &                                                                             |  | Term Loan                                           |  |                 | 04/15/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 673 |  |  | $ | 673 |  |  | $ | 673 | 
|                       |  |  |  | Ilker Altaygil ## & (interest rate includes deferred interest of 2.75%)                        |  | Term Loan                                           |  |                 | 07/18/13 |  |              |  | 06/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 34                   |  |  |          |  |  |           | $ | 672 |  |  | $ | 672 |  |  | $ | 672 | 
|                       |  |  |  | Carlos Govea ## (interest rate includes deferred interest of 1.50%)                            |  | Term Loan                                           |  |                 | 06/05/14 |  |              |  | 06/05/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 8                    |  |  |          |  |  |           | $ | 670 |  |  | $ | 670 |  |  | $ | 670 | 
|                       |  |  |  | New Express Cab Corp ##                                                                        |  | Term Loan                                           |  |                 | 03/31/15 |  |              |  | 03/30/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 649 |  |  | $ | 649 |  |  | $ | 649 | 
|                       |  |  |  | Iddy Biddy Cab Corp ##                                                                         |  | Term Loan                                           |  |                 | 10/09/15 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 643 |  |  | $ | 643 |  |  | $ | 644 | 
|                       |  |  |  | Jbob Hacking Corp ##                                                                           |  | Term Loan                                           |  |                 | 10/09/15 |  |              |  | 10/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 640 |  |  | $ | 640 |  |  | $ | 641 | 
|                       |  |  |  | Malcolm Hacking Corp ##                                                                        |  | Term Loan                                           |  |                 | 08/05/15 |  |              |  | 08/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 639 |  |  | $ | 639 |  |  | $ | 639 | 
|                       |  |  |  | Oyaz Hacking Corp ##                                                                           |  | Term Loan                                           |  |                 | 08/05/15 |  |              |  | 08/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 639 |  |  | $ | 639 |  |  | $ | 639 | 
|                       |  |  |  | Avtar Singh ##                                                                                 |  | Term Loan                                           |  |                 | 08/29/14 |  |              |  | 02/29/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 634 |  |  | $ | 634 |  |  | $ | 634 | 
|                       |  |  |  | Parvinder Singh ## {Annually-Prime plus 1.00%}                                                 |  | Term Loan                                           |  |                 | 08/13/13 |  |              |  | 08/13/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 619 |  |  | $ | 618 |  |  | $ | 618 | 
|                       |  |  |  | Tripta Nfn & Jagdeep Kumar Cab &                                                               |  | Term Loan                                           |  |                 | 11/12/14 |  |              |  | 04/12/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 616 |  |  | $ | 616 |  |  | $ | 616 | 
|                       |  |  |  | Bruce Schneider ## {Annually-Prime plus 1.00%}                                                 |  | Term Loan                                           |  |                 | 05/10/13 |  |              |  | 05/10/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 612 |  |  | $ | 612 |  |  | $ | 612 | 
|                       |  |  |  | Shanu Miah ## (interest rate includes deferred interest of 2.75%)                              |  | Term Loan                                           |  |                 | 06/20/13 |  |              |  | 06/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 24                   |  |  |          |  |  |           | $ | 611 |  |  | $ | 611 |  |  | $ | 611 | 
|                       |  |  |  | Kerolus Waheib Makhail                                                                         |  | Term Loan                                           |  |                 | 12/27/12 |  |              |  | 12/08/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 610 |  |  | $ | 610 |  |  | $ | 610 | 
|                       |  |  |  | Munir Ahmed Sahi ##                                                                            |  | Term Loan                                           |  |                 | 08/13/15 |  |              |  | 08/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 603 |  |  | $ | 603 |  |  | $ | 603 | 
|                       |  |  |  | Jordan O Ohene ##                                                                              |  | Term Loan                                           |  |                 | 05/24/13 |  |              |  | 05/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 590 |  |  | $ | 590 |  |  | $ | 590 | 
|                       |  |  |  | Jaswinder Singh/Note A ## (interest rate includes deferred interest of 2.00%)                  |  | Term Loan                                           |  |                 | 04/27/16 |  |              |  | 04/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 23                   |  |  |          |  |  |           | $ | 578 |  |  | $ | 578 |  |  | $ | 578 | 
|                       |  |  |  | Charanjeet Kaur & Manjit Singh ## (interest rate includes deferred interest of 2.50%)          |  | Term Loan                                           |  |                 | 10/28/13 |  |              |  | 10/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 21                   |  |  |          |  |  |           | $ | 574 |  |  | $ | 574 |  |  | $ | 574 | 
|                       |  |  |  | Lesly Jeanjoseph ## & (interest rate includes deferred interest of 2.00%)                      |  | Term Loan                                           |  |                 | 05/08/13 |  |              |  | 05/16/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |  |  |           | $ | 574 |  |  | $ | 574 |  |  | $ | 574 | 
|                       |  |  |  | Mohammed Hossen & Abrar Hanif ##                                                               |  | Term Loan                                           |  |                 | 03/11/13 |  |              |  | 03/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 561 |  |  | $ | 561 |  |  | $ | 561 | 
|                       |  |  |  | Jasvir S Dhaliwal ##                                                                           |  | Term Loan                                           |  |                 | 07/01/13 |  |              |  | 04/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 560 |  |  | $ | 560 |  |  | $ | 560 | 
|                       |  |  |  | Marian Cab Corp ##                                                                             |  | Term Loan                                           |  |                 | 06/19/12 |  |              |  | 06/19/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 559 |  |  | $ | 559 |  |  | $ | 559 | 
|                       |  |  |  | Bliss Cab Corp ##                                                                              |  | Term Loan                                           |  |                 | 10/21/10 |  |              |  | 10/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 552 |  |  | $ | 552 |  |  | $ | 552 | 
|                       |  |  |  | Albro Hacking, Corp. ##                                                                        |  | Term Loan                                           |  |                 | 07/10/14 |  |              |  | 06/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.63 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 551 |  |  | $ | 551 |  |  | $ | 551 | 
|                       |  |  |  | Sushil Maggoo ## &                                                                             |  | Term Loan                                           |  |                 | 12/09/15 |  |              |  | 12/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.90 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 548 |  |  | $ | 548 |  |  | $ | 549 | 
|                       |  |  |  | Oradeanul Taxi Corp ## &                                                                       |  | Term Loan                                           |  |                 | 01/30/13 |  |              |  | 02/01/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 541 |  |  | $ | 541 |  |  | $ | 541 | 
|                       |  |  |  | Sukhdev Singh & Harpreet Singh ##                                                              |  | Term Loan                                           |  |                 | 07/13/16 |  |              |  | 07/13/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 535 |  |  | $ | 535 |  |  | $ | 536 | 
|                       |  |  |  | Mukhtiar Singh ##                                                                              |  | Term Loan                                           |  |                 | 08/29/14 |  |              |  | 02/29/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 531 |  |  | $ | 531 |  |  | $ | 531 | 
|                       |  |  |  | Humberto Ontaneda ## (interest rate includes deferred interest of 2.50%)                       |  | Term Loan                                           |  |                 | 10/17/13 |  |              |  | 09/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 21                   |  |  |          |  |  |           | $ | 530 |  |  | $ | 530 |  |  | $ | 530 | 
|                       |  |  |  | Yves Bazile ##                                                                                 |  | Term Loan                                           |  |                 | 09/16/15 |  |              |  | 03/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 529 |  |  | $ | 529 |  |  | $ | 529 | 
|                       |  |  |  | Jean J Monteau ##                                                                              |  | Term Loan                                           |  |                 | 12/06/12 |  |              |  | 06/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 521 |  |  | $ | 521 |  |  | $ | 521 | 
|                       |  |  |  | Newton Sodhi ## & {Annually-Prime plus 1.00%}                                                  |  | Term Loan                                           |  |                 | 05/06/13 |  |              |  | 05/06/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 520 |  |  | $ | 520 |  |  | $ | 520 | 
|                       |  |  |  | Magloire David ## & (interest rate includes deferred interest of 2.50%)                        |  | Term Loan                                           |  |                 | 07/24/15 |  |              |  | 08/12/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |  |  |           | $ | 518 |  |  | $ | 518 |  |  | $ | 518 | 
|                       |  |  |  | Dani Taxi Inc/Mbank                                                                            |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 517 |  |  | $ | 517 |  |  | $ | 517 | 
|                       |  |  |  | Rafi Mohammad ## &                                                                             |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 02/03/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 516 |  |  | $ | 516 |  |  | $ | 516 | 
|                       |  |  |  | Emad S Tadros ##                                                                               |  | Term Loan                                           |  |                 | 05/18/16 |  |              |  | 05/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 514 |  |  | $ | 514 |  |  | $ | 514 | 
|                       |  |  |  | Sandeep Transport LLC ##                                                                       |  | Term Loan                                           |  |                 | 06/23/16 |  |              |  | 06/23/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 502 |  |  | $ | 502 |  |  | $ | 503 | 
|                       |  |  |  | Nycyellow LLC ## &                                                                             |  | Term Loan                                           |  |                 | 12/21/16 |  |              |  | 12/21/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 502 |  |  | $ | 502 |  |  | $ | 503 | 
|                       |  |  |  | Amarjit Sangera ##                                                                             |  | Term Loan                                           |  |                 | 11/18/15 |  |              |  | 05/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 500 |  |  | $ | 500 |  |  | $ | 500 | 
|                       |  |  |  | Aminder Pal Singh ##                                                                           |  | Term Loan                                           |  |                 | 11/21/13 |  |              |  | 07/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 498 |  |  | $ | 498 |  |  | $ | 498 | 
|                       |  |  |  | Fernande Paul Cab Corp ## {Annually-Prime} (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 01/24/13 |  |              |  | 05/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 14                   |  |  |          |  |  |           | $ | 497 |  |  | $ | 497 |  |  | $ | 497 | 
|                       |  |  |  | Luis E Perez ##                                                                                |  | Term Loan                                           |  |                 | 03/19/14 |  |              |  | 03/19/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 497 |  |  | $ | 497 |  |  | $ | 497 | 
|                       |  |  |  | Travis R Bazile & Jean Exinvil ##                                                              |  | Term Loan                                           |  |                 | 10/21/15 |  |              |  | 10/21/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 497 |  |  | $ | 497 |  |  | $ | 497 | 
|                       |  |  |  | Albert A Agyemang ## & (interest rate includes deferred interest of 2.25%)                     |  | Term Loan                                           |  |                 | 07/09/13 |  |              |  | 07/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 19                   |  |  |          |  |  |           | $ | 482 |  |  | $ | 482 |  |  | $ | 482 | 
|                       |  |  |  | Nana K Adom ##                                                                                 |  | Term Loan                                           |  |                 | 10/05/15 |  |              |  | 04/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 478 |  |  | $ | 478 |  |  | $ | 478 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                                          |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                    |  |   |                      |  |  |          |  |  |           |   |       |  |  |   |       |  |  |   |     | 
|---------------------- |  |  |  | -------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ---------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | ----- |  |  | - | ----- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                                             |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2018Acquisitions(5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Momar Diagne ## (interest rate includes deferred interest of 1.00%)                                      |  | Term Loan                                           |  |                 | 05/12/14 |  |              |  | 05/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                  |  | $ | 4                    |  |  |          |  |  |           | $ | 463   |  |  | $ | 463   |  |  | $ | 463 | 
|                       |  |  |  | Adil Lone ##                                                                                             |  | Term Loan                                           |  |                 | 09/10/15 |  |              |  | 09/10/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 453   |  |  | $ | 453   |  |  | $ | 453 | 
|                       |  |  |  | Harold Torres ## &                                                                                       |  | Term Loan                                           |  |                 | 02/25/16 |  |              |  | 02/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 449   |  |  | $ | 449   |  |  | $ | 449 | 
|                       |  |  |  | Jasvinder Chhoker + Dam Singh                                                                            |  | Term Loan                                           |  |                 | 11/10/11 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 442   |  |  | $ | 442   |  |  | $ | 442 | 
|                       |  |  |  | M Irshad Chaudhry & Mhd Ramzan ## (interest rate includes deferred interest of 1.25%)                    |  | Term Loan                                           |  |                 | 03/21/11 |  |              |  | 03/21/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                  |  | $ | 12                   |  |  |          |  |  |           | $ | 437   |  |  | $ | 437   |  |  | $ | 437 | 
|                       |  |  |  | Shubal C Ghose ##                                                                                        |  | Term Loan                                           |  |                 | 03/20/15 |  |              |  | 03/20/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 432   |  |  | $ | 432   |  |  | $ | 432 | 
|                       |  |  |  | W.B.L.S Taxi Inc ## (interest rate includes deferred interest of 1.75%)                                  |  | Term Loan                                           |  |                 | 08/09/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                  |  | $ | 11                   |  |  |          |  |  |           | $ | 428   |  |  | $ | 428   |  |  | $ | 428 | 
|                       |  |  |  | Mohammad Azhar ##                                                                                        |  | Term Loan                                           |  |                 | 02/24/14 |  |              |  | 06/24/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 422   |  |  | $ | 422   |  |  | $ | 422 | 
|                       |  |  |  | Verity Taxi Inc ## &                                                                                     |  | Term Loan                                           |  |                 | 02/08/13 |  |              |  | 02/08/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.60 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 400   |  |  | $ | 400   |  |  | $ | 400 | 
|                       |  |  |  | Mokbul Choudhury ##                                                                                      |  | Term Loan                                           |  |                 | 08/25/14 |  |              |  | 08/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 397   |  |  | $ | 397   |  |  | $ | 397 | 
|                       |  |  |  | Dady Hamel ##                                                                                            |  | Term Loan                                           |  |                 | 12/26/13 |  |              |  | 12/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 389   |  |  | $ | 389   |  |  | $ | 389 | 
|                       |  |  |  | Gustavo E Cabrejos ##                                                                                    |  | Term Loan                                           |  |                 | 10/07/15 |  |              |  | 04/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 385   |  |  | $ | 385   |  |  | $ | 385 | 
|                       |  |  |  | Santokh Bangay ##                                                                                        |  | Term Loan                                           |  |                 | 12/10/12 |  |              |  | 05/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 384   |  |  | $ | 384   |  |  | $ | 384 | 
|                       |  |  |  | Carlot Dalce ## &                                                                                        |  | Term Loan                                           |  |                 | 07/09/13 |  |              |  | 07/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 377   |  |  | $ | 377   |  |  | $ | 377 | 
|                       |  |  |  | Christian Cab Corp &                                                                                     |  | Term Loan                                           |  |                 | 11/27/12 |  |              |  | 11/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 397   |  |  | $ | 367   |  |  | $ | 370 | 
|                       |  |  |  | S600 Service Co Inc ## & {Annually-Prime plus .25%}                                                      |  | Term Loan                                           |  |                 | 05/01/16 |  |              |  | 05/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 369 | 
|                       |  |  |  | Perem Hacking Corp ## & {Annually-Prime plus .25%}                                                       |  | Term Loan                                           |  |                 | 05/01/16 |  |              |  | 05/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 369 | 
|                       |  |  |  | Red Army Cab Corp ## & {Annually-Prime plus .25%}                                                        |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 369 | 
|                       |  |  |  | Hamilton Transit LLC ## &                                                                                |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 1,333 |  |  | $ | 1,260 |  |  | $ | 368 | 
|                       |  |  |  | Silke Hacking Corp ## &                                                                                  |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 1,335 |  |  | $ | 1,262 |  |  | $ | 368 | 
|                       |  |  |  | Concourse Cab Corp ## & (interest rate includes deferred interest of 2.50%)                              |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                  |  | $ | 43                   |  |  |          |  |  |           | $ | 427   |  |  | $ | 367   |  |  | $ | 368 | 
|                       |  |  |  | Gaultier Hacking Corp ## &                                                                               |  | Term Loan                                           |  |                 | 08/27/12 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 373   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Ash Trans Corp ## & (interest rate includes deferred interest of 2.40%)                                  |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                  |  | $ | 31                   |  |  |          |  |  |           | $ | 370   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Brigitte Cab Corp ## & (interest rate includes deferred interest of 2.40%)                               |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                  |  | $ | 32                   |  |  |          |  |  |           | $ | 370   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | G Michael Cab Corp ## & (interest rate includes deferred interest of 2.40%)                              |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                  |  | $ | 34                   |  |  |          |  |  |           | $ | 370   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Ganz Express Cab Cor ## & (interest rate includes deferred interest of 2.40%)                            |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                  |  | $ | 30                   |  |  |          |  |  |           | $ | 370   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Benson Hacking Corp ## &                                                                                 |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 385   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Devin Taxi Corp ## &                                                                                     |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 385   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | D & G Taxi Inc ## &                                                                                      |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 08/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 392   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Rs Hacking Corp ## &                                                                                     |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 08/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | SamanthaS Cab Corp ## & (interest rate includes deferred interest of 2.40%)                             |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                  |  | $ | 29                   |  |  |          |  |  |           | $ | 370   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Aujla Cab Corp ## (interest rate includes deferred interest of 2.50%)                                    |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                  |  | $ | 15                   |  |  |          |  |  |           | $ | 564   |  |  | $ | 564   |  |  | $ | 367 | 
|                       |  |  |  | Mci Taxi Inc ## &                                                                                        |  | Term Loan                                           |  |                 | 10/29/15 |  |              |  | 10/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | K.R. Express Cab Corp ## &                                                                               |  | Term Loan                                           |  |                 | 10/29/15 |  |              |  | 10/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Ocean Hacking Corp ## &                                                                                  |  | Term Loan                                           |  |                 | 12/20/13 |  |              |  | 12/20/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Daytona Hacking Corp ## &                                                                                |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 1,327 |  |  | $ | 1,257 |  |  | $ | 367 | 
|                       |  |  |  | Kaderee M & G Corp ## &                                                                                  |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 1,328 |  |  | $ | 1,257 |  |  | $ | 367 | 
|                       |  |  |  | Jacal Hacking Corp ## &                                                                                  |  | Term Loan                                           |  |                 | 12/20/13 |  |              |  | 12/20/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                  |  | $ | 0                    |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Btr Taxi Inc ## (interest rate includes deferred interest of 3.25%)                                      |  | Term Loan                                           |  |                 | 06/16/14 |  |              |  | 12/16/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                  |  | $ | 21                   |  |  |          |  |  |           | $ | 815   |  |  | $ | 815   |  |  | $ | 367 | 
|                       |  |  |  | Tosal Hacking Corp ## & (interest rate includes deferred interest of 1.50%)                              |  | Term Loan                                           |  |                 | 04/01/13 |  |              |  | 11/01/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                  |  | $ | 21                   |  |  |          |  |  |           | $ | 367   |  |  | $ | 367   |  |  | $ | 367 | 
|                       |  |  |  | Global Agami Cab Llc ## {Annually-Prime minus 1.75%} (interest rate includes deferred interest of 1.00%) |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                  |  | $ | 8                    |  |  |          |  |  |           | $ | 906   |  |  | $ | 906   |  |  | $ | 366 | 
|                       |  |  |  | Planet Agami Cab Llc ## {Annually-Prime minus 1.75%} (interest rate includes deferred interest of 1.00%) |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                  |  | $ | 8                    |  |  |          |  |  |           | $ | 906   |  |  | $ | 906   |  |  | $ | 366 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                                                 |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |     |  |           |   |       |  |  |   |       |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | ----- |  |  | - | ----- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                                                    |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Universal Agami Transit Inc ## {Annually-Prime minus 1.75%} (interest rate includes deferred interest of 1.00%) |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 8                    |  |  |          |     |  |           | $ | 906   |  |  | $ | 906   |  |  | $ | 366 | 
|                       |  |  |  | L&A Tarafdar Taxi Inc & {Annually-Prime plus 1.00%}                                                             |  | Term Loan                                           |  |                 | 05/24/16 |  |              |  | 05/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 363   |  |  | $ | 363   |  |  | $ | 364 | 
|                       |  |  |  | Melimajua Cab Corp ##                                                                                           |  | Term Loan                                           |  |                 | 10/14/14 |  |              |  | 10/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 363   |  |  | $ | 363   |  |  | $ | 363 | 
|                       |  |  |  | Daca Taxi Inc ##                                                                                                |  | Term Loan                                           |  |                 | 06/07/17 |  |              |  | 06/07/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 362   |  |  | $ | 362   |  |  | $ | 363 | 
|                       |  |  |  | Pierre Jeune ## &                                                                                               |  | Term Loan                                           |  |                 | 12/14/12 |  |              |  | 06/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 362   |  |  | $ | 362   |  |  | $ | 362 | 
|                       |  |  |  | Pierre Cadet ##                                                                                                 |  | Term Loan                                           |  |                 | 03/19/13 |  |              |  | 03/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 356   |  |  | $ | 356   |  |  | $ | 356 | 
|                       |  |  |  | Bucur Express Cab Corp ##                                                                                       |  | Term Loan                                           |  |                 | 06/07/17 |  |              |  | 06/07/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 348   |  |  | $ | 348   |  |  | $ | 349 | 
|                       |  |  |  | Yberto Santana ##                                                                                               |  | Term Loan                                           |  |                 | 02/27/14 |  |              |  | 02/22/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 345   |  |  | $ | 345   |  |  | $ | 345 | 
|                       |  |  |  | Shah M Rahman ##                                                                                                |  | Term Loan                                           |  |                 | 11/25/13 |  |              |  | 05/25/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 344   |  |  | $ | 344   |  |  | $ | 344 | 
|                       |  |  |  | Anthony Okyere Duah ##                                                                                          |  | Term Loan                                           |  |                 | 07/14/17 |  |              |  | 01/14/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 339   |  |  | $ | 339   |  |  | $ | 341 | 
|                       |  |  |  | Eduard Neyman                                                                                                   |  | Term Loan                                           |  |                 | 05/24/13 |  |              |  | 05/24/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 336   |  |  | $ | 336   |  |  | $ | 337 | 
|                       |  |  |  | Chuhar Singh ##                                                                                                 |  | Term Loan                                           |  |                 | 06/06/13 |  |              |  | 06/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 332   |  |  | $ | 332   |  |  | $ | 332 | 
|                       |  |  |  | Double Cab Corp ##                                                                                              |  | Term Loan                                           |  |                 | 09/15/17 |  |              |  | 09/15/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 327   |  |  | $ | 327   |  |  | $ | 329 | 
|                       |  |  |  | Ikaria Taxi LLC ## &                                                                                            |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 1,563 |  |  | $ | 1,469 |  |  | $ | 313 | 
|                       |  |  |  | Sag Taxi LLC ## &                                                                                               |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 1,559 |  |  | $ | 1,460 |  |  | $ | 313 | 
|                       |  |  |  | Pontios Taxi LLC ## &                                                                                           |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 1,564 |  |  | $ | 1,472 |  |  | $ | 313 | 
|                       |  |  |  | Esg Hacking Corp ## &                                                                                           |  | Term Loan                                           |  |                 | 03/12/14 |  |              |  | 03/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 318   |  |  | $ | 312   |  |  | $ | 312 | 
|                       |  |  |  | Malkit Singh ##                                                                                                 |  | Term Loan                                           |  |                 | 07/16/15 |  |              |  | 07/16/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 311   |  |  | $ | 311   |  |  | $ | 311 | 
|                       |  |  |  | Georges Desrosiers ## & (interest rate includes deferred interest of 2.50%)                                     |  | Term Loan                                           |  |                 | 12/22/17 |  |              |  | 12/22/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 2                    |  |  |          |     |  |           | $ | 301   |  |  | $ | 301   |  |  | $ | 303 | 
|                       |  |  |  | Essa & Soliman Transit Inc ##                                                                                   |  | Term Loan                                           |  |                 | 04/19/13 |  |              |  | 03/08/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 301   |  |  | $ | 301   |  |  | $ | 301 | 
|                       |  |  |  | Surjit Singh ##                                                                                                 |  | Term Loan                                           |  |                 | 10/25/13 |  |              |  | 10/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.80 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 296   |  |  | $ | 296   |  |  | $ | 296 | 
|                       |  |  |  | Rehmet Khan ##                                                                                                  |  | Term Loan                                           |  |                 | 03/11/15 |  |              |  | 03/08/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 291   |  |  | $ | 291   |  |  | $ | 291 | 
|                       |  |  |  | Bj Cab Corp/Note 1 Of 2 {Annually-Prime plus 1.00%}                                                             |  | Term Loan                                           |  |                 | 06/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 289   |  |  | $ | 288   |  |  | $ | 288 | 
|                       |  |  |  | Bj Cab Corp/Note 2 Of 2 {Annually-Prime plus 1.00%}                                                             |  | Term Loan                                           |  |                 | 06/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 289   |  |  | $ | 288   |  |  | $ | 288 | 
|                       |  |  |  | Joubert Toussaint ##                                                                                            |  | Term Loan                                           |  |                 | 03/09/15 |  |              |  | 03/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 283   |  |  | $ | 283   |  |  | $ | 283 | 
|                       |  |  |  | King D Taxi Inc ## {Annually-Prime}                                                                             |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 273   |  |  | $ | 273   |  |  | $ | 273 | 
|                       |  |  |  | Crossbow Taxi Inc ## {Annually-Prime}                                                                           |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 273   |  |  | $ | 273   |  |  | $ | 273 | 
|                       |  |  |  | Petia Cab Corporation ## {Annually-Prime}                                                                       |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 274   |  |  | $ | 274   |  |  | $ | 274 | 
|                       |  |  |  | King Verin Taxi Inc ## {Annually-Prime}                                                                         |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 274   |  |  | $ | 274   |  |  | $ | 274 | 
|                       |  |  |  | Cleopatra Cab Corp ## {Annually-Prime}                                                                          |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 273   |  |  | $ | 273   |  |  | $ | 273 | 
|                       |  |  |  | Musa Corp ##                                                                                                    |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 273   |  |  | $ | 273   |  |  | $ | 274 | 
|                       |  |  |  | Micdavid Hacking Corp ##                                                                                        |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 273   |  |  | $ | 273   |  |  | $ | 274 | 
|                       |  |  |  | Aem Transportation Corp ##                                                                                      |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 273   |  |  | $ | 273   |  |  | $ | 274 | 
|                       |  |  |  | Macbak Trans Corp ##                                                                                            |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 273   |  |  | $ | 273   |  |  | $ | 274 | 
|                       |  |  |  | Kornos Taxi Inc ## &                                                                                            |  | Term Loan                                           |  |                 | 09/04/12 |  |              |  | 09/04/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 262   |  |  | $ | 262   |  |  | $ | 262 | 
|                       |  |  |  | Jasvir Singh                                                                                                    |  | Term Loan                                           |  |                 | 11/27/12 |  |              |  | 11/27/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 260   |  |  | $ | 260   |  |  | $ | 262 | 
|                       |  |  |  | Valeri Aminov                                                                                                   |  | Term Loan                                           |  |                 | 03/28/18 |  |              |  | 03/28/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 262 |  |           | $ | 262   |  |  | $ | 262   |  |  | $ | 262 | 
|                       |  |  |  | Elsayed A Hassan ##                                                                                             |  | Term Loan                                           |  |                 | 12/12/17 |  |              |  | 12/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 252   |  |  | $ | 252   |  |  | $ | 254 | 
|                       |  |  |  | Platform Taxi Service/Mbank                                                                                     |  | Term Loan                                           |  |                 | 05/04/12 |  |              |  | 12/15/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.92 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 251   |  |  | $ | 251   |  |  | $ | 251 | 
|                       |  |  |  | Kesef Taxi Inc/Mbank                                                                                            |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 242   |  |  | $ | 242   |  |  | $ | 242 | 
|                       |  |  |  | Sincere Cab Corp ##                                                                                             |  | Term Loan                                           |  |                 | 06/21/11 |  |              |  | 06/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 238   |  |  | $ | 238   |  |  | $ | 236 | 
|                       |  |  |  | Mohammmed H Iqbal ##                                                                                            |  | Term Loan                                           |  |                 | 09/14/12 |  |              |  | 03/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 226   |  |  | $ | 226   |  |  | $ | 226 | 
|                       |  |  |  | Ede Service Corp ##                                                                                             |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 210   |  |  | $ | 210   |  |  | $ | 210 | 
|                       |  |  |  | Daniel Victor ##                                                                                                |  | Term Loan                                           |  |                 | 05/09/16 |  |              |  | 05/09/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 202   |  |  | $ | 202   |  |  | $ | 203 | 
|                       |  |  |  | Gbcab LLC ## &                                                                                                  |  | Term Loan                                           |  |                 | 08/19/15 |  |              |  | 08/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 228   |  |  | $ | 184   |  |  | $ | 187 | 
|                       |  |  |  | Rose And Jean Service LLC ## &                                                                                  |  | Term Loan                                           |  |                 | 06/15/16 |  |              |  | 06/15/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 196   |  |  | $ | 184   |  |  | $ | 186 | 
|                       |  |  |  | Amr Aly Shafshak/Note A &                                                                                       |  | Term Loan                                           |  |                 | 10/24/17 |  |              |  | 04/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 400   |  |  | $ | 395   |  |  | $ | 186 | 
|                       |  |  |  | Balwinder Singh ## &                                                                                            |  | Term Loan                                           |  |                 | 10/02/15 |  |              |  | 10/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 184   |  |  | $ | 184   |  |  | $ | 185 | 
|                       |  |  |  | Turgut Duman ## &                                                                                               |  | Term Loan                                           |  |                 | 12/02/15 |  |              |  | 12/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 200   |  |  | $ | 184   |  |  | $ | 185 | 
|                       |  |  |  | Roudy Moliere &Jean B Letang ## &                                                                               |  | Term Loan                                           |  |                 | 01/15/16 |  |              |  | 01/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 190   |  |  | $ | 184   |  |  | $ | 185 | 
|                       |  |  |  | Frands Fequiere ## &                                                                                            |  | Term Loan                                           |  |                 | 01/20/16 |  |              |  | 01/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 200   |  |  | $ | 184   |  |  | $ | 185 | 
|                       |  |  |  | Gerardo Barrera ## & (interest rate includes deferred interest of 2.50%)                                        |  | Term Loan                                           |  |                 | 08/08/14 |  |              |  | 03/15/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 17                   |  |  |          |     |  |           | $ | 217   |  |  | $ | 184   |  |  | $ | 185 | 
|                       |  |  |  | Anwar Khalifa ## &                                                                                              |  | Term Loan                                           |  |                 | 08/07/14 |  |              |  | 08/07/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 184   |  |  | $ | 184   |  |  | $ | 185 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                         |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                            |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Ghotra & Ghotra LLC & (interest rate includes deferred interest of 2.50%)               |  | Term Loan                                           |  |                 | 12/19/13 |  |              |  | 12/19/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 25                   |  |  |          |  |  |           | $ | 772 |  |  | $ | 735 |  |  | $ | 185 | 
|                       |  |  |  | Samiullah Zaman ## &                                                                    |  | Term Loan                                           |  |                 | 04/07/14 |  |              |  | 04/07/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 188 |  |  | $ | 184 |  |  | $ | 185 | 
|                       |  |  |  | Sphinx Rc LLC &                                                                         |  | Term Loan                                           |  |                 | 08/25/16 |  |              |  | 08/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 185 | 
|                       |  |  |  | Strivers Way Inc ## &                                                                   |  | Term Loan                                           |  |                 | 12/17/13 |  |              |  | 12/17/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.85 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 222 |  |  | $ | 184 |  |  | $ | 185 | 
|                       |  |  |  | Guy Merisier ## &                                                                       |  | Term Loan                                           |  |                 | 07/25/14 |  |              |  | 07/25/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 202 |  |  | $ | 184 |  |  | $ | 185 | 
|                       |  |  |  | Atef A Khalil & (interest rate includes deferred interest of 2.50%)                     |  | Term Loan                                           |  |                 | 07/09/14 |  |              |  | 12/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |  |  |           | $ | 208 |  |  | $ | 184 |  |  | $ | 185 | 
|                       |  |  |  | Joseph Paul Desir ## & (interest rate includes deferred interest of 2.50%)              |  | Term Loan                                           |  |                 | 07/28/14 |  |              |  | 08/30/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 26                   |  |  |          |  |  |           | $ | 213 |  |  | $ | 184 |  |  | $ | 185 | 
|                       |  |  |  | Mandeep Multani & Ravinder Sin ## & (interest rate includes deferred interest of 3.00%) |  | Term Loan                                           |  |                 | 03/19/14 |  |              |  | 12/23/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 27                   |  |  |          |  |  |           | $ | 692 |  |  | $ | 692 |  |  | $ | 184 | 
|                       |  |  |  | Jaswinder K Sharma ## &                                                                 |  | Term Loan                                           |  |                 | 10/08/15 |  |              |  | 10/08/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Jacob Kuruvilla ## &                                                                    |  | Term Loan                                           |  |                 | 11/11/09 |  |              |  | 12/05/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 377 |  |  | $ | 377 |  |  | $ | 184 | 
|                       |  |  |  | Kawarjeet Singh & Maan Singh ## &                                                       |  | Term Loan                                           |  |                 | 05/15/13 |  |              |  | 12/08/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | David Mashkabov ## &                                                                    |  | Term Loan                                           |  |                 | 10/26/11 |  |              |  | 10/24/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Frantz Louhis & Joseph Paul ## &                                                        |  | Term Loan                                           |  |                 | 06/08/12 |  |              |  | 06/08/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 478 |  |  | $ | 459 |  |  | $ | 184 | 
|                       |  |  |  | Man Singh ## &                                                                          |  | Term Loan                                           |  |                 | 02/25/13 |  |              |  | 02/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Garcha Randhawa Taxi Corp ## &                                                          |  | Term Loan                                           |  |                 | 05/31/13 |  |              |  | 07/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 766 |  |  | $ | 723 |  |  | $ | 184 | 
|                       |  |  |  | Amjad Abbas ## &                                                                        |  | Term Loan                                           |  |                 | 12/19/13 |  |              |  | 12/19/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 191 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Jose F Pimentel ## &                                                                    |  | Term Loan                                           |  |                 | 05/14/14 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 686 |  |  | $ | 686 |  |  | $ | 184 | 
|                       |  |  |  | Rahul Amin ## &                                                                         |  | Term Loan                                           |  |                 | 06/11/14 |  |              |  | 06/26/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.63 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Sweeney And Sweeney ## &                                                                |  | Term Loan                                           |  |                 | 09/29/15 |  |              |  | 03/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Alexander Vizueta ## & (interest rate includes deferred interest of 2.50%)              |  | Term Loan                                           |  |                 | 04/01/14 |  |              |  | 09/01/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 25                   |  |  |          |  |  |           | $ | 185 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Arman And Mehtab Padda Taxi Co ## & (interest rate includes deferred interest of 2.75%) |  | Term Loan                                           |  |                 | 06/19/13 |  |              |  | 07/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 15                   |  |  |          |  |  |           | $ | 778 |  |  | $ | 736 |  |  | $ | 184 | 
|                       |  |  |  | Binh Pham ## & (interest rate includes deferred interest of 2.75%)                      |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 05/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 17                   |  |  |          |  |  |           | $ | 205 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Danny Truong ## (interest rate includes deferred interest of 2.00%)                     |  | Term Loan                                           |  |                 | 07/30/14 |  |              |  | 01/30/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 10                   |  |  |          |  |  |           | $ | 719 |  |  | $ | 719 |  |  | $ | 184 | 
|                       |  |  |  | Dominique Ismael ## & (interest rate includes deferred interest of 2.00%)               |  | Term Loan                                           |  |                 | 03/10/14 |  |              |  | 03/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 11                   |  |  |          |  |  |           | $ | 527 |  |  | $ | 491 |  |  | $ | 184 | 
|                       |  |  |  | Donald Singh ## & (interest rate includes deferred interest of 2.50%)                   |  | Term Loan                                           |  |                 | 10/11/13 |  |              |  | 10/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 25                   |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Ghulam Abbas ## & (interest rate includes deferred interest of 2.50%)                   |  | Term Loan                                           |  |                 | 04/17/13 |  |              |  | 05/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 37                   |  |  |          |  |  |           | $ | 192 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Gilbert Chong ## (interest rate includes deferred interest of 2.75%)                    |  | Term Loan                                           |  |                 | 10/28/15 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 6                    |  |  |          |  |  |           | $ | 518 |  |  | $ | 518 |  |  | $ | 184 | 
|                       |  |  |  | Joseph Gerard Pierre ## & (interest rate includes deferred interest of 2.50%)           |  | Term Loan                                           |  |                 | 07/07/14 |  |              |  | 01/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 21                   |  |  |          |  |  |           | $ | 693 |  |  | $ | 693 |  |  | $ | 184 | 
|                       |  |  |  | Lelio Bresier & Jeanne Bresier ## & (interest rate includes deferred interest of 2.50%) |  | Term Loan                                           |  |                 | 03/06/13 |  |              |  | 05/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 410 |  |  | $ | 394 |  |  | $ | 184 | 
|                       |  |  |  | Marc C Bastien ## & (interest rate includes deferred interest of 1.50%)                 |  | Term Loan                                           |  |                 | 04/11/13 |  |              |  | 05/24/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 17                   |  |  |          |  |  |           | $ | 189 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Maria L Denocua ## (interest rate includes deferred interest of 3.00%)                  |  | Term Loan                                           |  |                 | 09/17/15 |  |              |  | 12/29/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 4                    |  |  |          |  |  |           | $ | 513 |  |  | $ | 513 |  |  | $ | 184 | 
|                       |  |  |  | Serge Bonny ## (interest rate includes deferred interest of 3.00%)                      |  | Term Loan                                           |  |                 | 03/11/13 |  |              |  | 12/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 3                    |  |  |          |  |  |           | $ | 339 |  |  | $ | 339 |  |  | $ | 184 | 
|                       |  |  |  | Haroon Sharif ## &                                                                      |  | Term Loan                                           |  |                 | 05/21/13 |  |              |  | 05/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Tamimu Aliu ## &                                                                        |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Dhuri And Barnala Cab Corp ## &                                                         |  | Term Loan                                           |  |                 | 06/03/13 |  |              |  | 06/03/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.80 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 189 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Alika Awan Trans Corp ## &                                                              |  | Term Loan                                           |  |                 | 09/04/13 |  |              |  | 09/04/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.85 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Jean B Guerrier ## &                                                                    |  | Term Loan                                           |  |                 | 08/08/12 |  |              |  | 08/10/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 191 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Erwich Chery &                                                                          |  | Term Loan                                           |  |                 | 09/29/14 |  |              |  | 08/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 538 |  |  | $ | 504 |  |  | $ | 184 | 
|                       |  |  |  | Guivarch Thimothe &                                                                     |  | Term Loan                                           |  |                 | 09/19/12 |  |              |  | 09/07/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Gur & Dev Taxi LLC & (interest rate includes deferred interest of 2.50%)                |  | Term Loan                                           |  |                 | 02/18/14 |  |              |  | 09/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 29                   |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Joseph W Charles &                                                                      |  | Term Loan                                           |  |                 | 05/27/14 |  |              |  | 05/27/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.70 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Joseph Jean ## &                                                                        |  | Term Loan                                           |  |                 | 03/14/12 |  |              |  | 02/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 437 |  |  | $ | 437 |  |  | $ | 184 | 
|                       |  |  |  | Louis A Alphonse ## &                                                                   |  | Term Loan                                           |  |                 | 02/21/13 |  |              |  | 02/18/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 201 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Eustache Romain ## &                                                                    |  | Term Loan                                           |  |                 | 02/26/13 |  |              |  | 04/06/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 202 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Alexander A Malamud ## &                                                                |  | Term Loan                                           |  |                 | 02/28/13 |  |              |  | 02/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 193 |  |  | $ | 184 |  |  | $ | 184 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                       |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | ------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                          |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Ahmed Elsayed ## &                                                                    |  | Term Loan                                           |  |                 | 11/22/13 |  |              |  | 11/22/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Eli Parada ## &                                                                       |  | Term Loan                                           |  |                 | 11/27/13 |  |              |  | 11/27/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.65 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Leo P. Roland ## &                                                                    |  | Term Loan                                           |  |                 | 12/03/13 |  |              |  | 02/03/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 660 |  |  | $ | 637 |  |  | $ | 184 | 
|                       |  |  |  | Mian Cab Corp ## &                                                                    |  | Term Loan                                           |  |                 | 01/21/14 |  |              |  | 01/21/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Yvon Louissaint ## &                                                                  |  | Term Loan                                           |  |                 | 02/20/14 |  |              |  | 02/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.88 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 194 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Carmay Latendresse ## & (interest rate includes deferred interest of 2.50%)           |  | Term Loan                                           |  |                 | 05/19/14 |  |              |  | 11/09/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 25                   |  |  |          |  |  |           | $ | 216 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Gilberto Barrera ## & (interest rate includes deferred interest of 2.50%)             |  | Term Loan                                           |  |                 | 04/02/14 |  |              |  | 04/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 18                   |  |  |          |  |  |           | $ | 206 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Joseph L Flovel ## & (interest rate includes deferred interest of 2.50%)              |  | Term Loan                                           |  |                 | 10/31/13 |  |              |  | 10/30/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |  |  |           | $ | 188 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Manuel F Pena ## & (interest rate includes deferred interest of 3.00%)                |  | Term Loan                                           |  |                 | 11/26/13 |  |              |  | 10/26/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 24                   |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Preslert Louis ## & (interest rate includes deferred interest of 1.50%)               |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 18                   |  |  |          |  |  |           | $ | 194 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Rafael A Pena ## & (interest rate includes deferred interest of 3.00%)                |  | Term Loan                                           |  |                 | 09/18/13 |  |              |  | 08/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 25                   |  |  |          |  |  |           | $ | 185 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Samy Baddar ## & (interest rate includes deferred interest of 3.00%)                  |  | Term Loan                                           |  |                 | 07/18/13 |  |              |  | 03/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 34                   |  |  |          |  |  |           | $ | 698 |  |  | $ | 654 |  |  | $ | 184 | 
|                       |  |  |  | Shahdad Bhatti Cab Corp ## & (interest rate includes deferred interest of 2.50%)      |  | Term Loan                                           |  |                 | 08/18/14 |  |              |  | 10/01/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 20                   |  |  |          |  |  |           | $ | 193 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Spyridon Tzorzis ## & (interest rate includes deferred interest of 2.50%)             |  | Term Loan                                           |  |                 | 07/10/13 |  |              |  | 07/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 26                   |  |  |          |  |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Sukhdev Singh & Harpal S Bhola ## (interest rate includes deferred interest of 2.50%) |  | Term Loan                                           |  |                 | 12/04/13 |  |              |  | 12/04/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 21                   |  |  |          |  |  |           | $ | 619 |  |  | $ | 619 |  |  | $ | 184 | 
|                       |  |  |  | Zus Trading Inc ## & (interest rate includes deferred interest of 2.50%)              |  | Term Loan                                           |  |                 | 08/09/13 |  |              |  | 07/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 32                   |  |  |          |  |  |           | $ | 728 |  |  | $ | 728 |  |  | $ | 183 | 
|                       |  |  |  | Brunet Lucas ## & (interest rate includes deferred interest of 3.25%)                 |  | Term Loan                                           |  |                 | 06/06/13 |  |              |  | 06/06/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 37                   |  |  |          |  |  |           | $ | 615 |  |  | $ | 607 |  |  | $ | 183 | 
|                       |  |  |  | Avner Ben-Levy ## &                                                                   |  | Term Loan                                           |  |                 | 05/29/12 |  |              |  | 05/28/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 214 |  |  | $ | 184 |  |  | $ | 183 | 
|                       |  |  |  | Tarek Elsaid ## (interest rate includes deferred interest of 2.50%)                   |  | Term Loan                                           |  |                 | 05/12/14 |  |              |  | 04/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 13                   |  |  |          |  |  |           | $ | 536 |  |  | $ | 536 |  |  | $ | 183 | 
|                       |  |  |  | Lissade Aurelus ## & {Annually-Prime plus 1.00%}                                      |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/03/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 184 |  |  | $ | 183 |  |  | $ | 183 | 
|                       |  |  |  | Corsi Cab Corp ##                                                                     |  | Term Loan                                           |  |                 | 06/21/11 |  |              |  | 06/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 179 |  |  | $ | 179 |  |  | $ | 178 | 
|                       |  |  |  | Anba Taxi Inc ##                                                                      |  | Term Loan                                           |  |                 | 06/21/11 |  |              |  | 06/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 179 |  |  | $ | 179 |  |  | $ | 177 | 
|                       |  |  |  | Jackie L Chaiken ## &                                                                 |  | Term Loan                                           |  |                 | 09/20/16 |  |              |  | 03/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 175 |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | Wai Tat Louie                                                                         |  | Term Loan                                           |  |                 | 05/07/15 |  |              |  | 05/25/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 157 |  |  | $ | 157 |  |  | $ | 157 | 
|                       |  |  |  | Gilzian Enterprise LLC ## &                                                           |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 05/22/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.88 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 156 |  |  | $ | 156 |  |  | $ | 156 | 
|                       |  |  |  | Anmol Usa LLC ## &                                                                    |  | Term Loan                                           |  |                 | 10/01/14 |  |              |  | 09/26/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 156 |  |  | $ | 156 |  |  | $ | 156 | 
|                       |  |  |  | Espiye Taxi Corp (interest rate includes deferred interest of 2.75%)                  |  | Term Loan                                           |  |                 | 05/23/14 |  |              |  | 05/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 17                   |  |  |          |  |  |           | $ | 715 |  |  | $ | 715 |  |  | $ | 156 | 
|                       |  |  |  | Senoz Cab Corp &                                                                      |  | Term Loan                                           |  |                 | 05/23/14 |  |              |  | 05/23/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 189 |  |  | $ | 156 |  |  | $ | 156 | 
|                       |  |  |  | Amr & Rina Taxi Inc &                                                                 |  | Term Loan                                           |  |                 | 07/15/13 |  |              |  | 06/26/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 156 |  |  | $ | 156 |  |  | $ | 156 | 
|                       |  |  |  | Eugenio & Ayodele Trans Corp & (interest rate includes deferred interest of 2.50%)    |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 03/28/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 17                   |  |  |          |  |  |           | $ | 180 |  |  | $ | 156 |  |  | $ | 156 | 
|                       |  |  |  | Ede Service Corp/Mfun                                                                 |  | Term Loan                                           |  |                 | 07/24/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 151 |  |  | $ | 151 |  |  | $ | 151 | 
|                       |  |  |  | Mohammad Ashraf Ali ## &                                                              |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 01/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 151 |  |  | $ | 151 |  |  | $ | 151 | 
|                       |  |  |  | Ny Diploma Taxi Co ##                                                                 |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 140 |  |  | $ | 140 |  |  | $ | 140 | 
|                       |  |  |  | Jo & Dimi LLC ##                                                                      |  | Term Loan                                           |  |                 | 09/17/15 |  |              |  | 09/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.10 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 140 |  |  | $ | 140 |  |  | $ | 140 | 
|                       |  |  |  | Wan Sang Lau & Mary Quan Lau ##                                                       |  | Term Loan                                           |  |                 | 03/18/16 |  |              |  | 03/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 134 |  |  | $ | 134 |  |  | $ | 134 | 
|                       |  |  |  | Zorro Taxi Inc ##                                                                     |  | Term Loan                                           |  |                 | 12/20/13 |  |              |  | 06/20/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 131 |  |  | $ | 131 |  |  | $ | 131 | 
|                       |  |  |  | Mk Multani/B Note                                                                     |  | Term Loan                                           |  |                 | 04/13/15 |  |              |  | 11/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 125 |  |  | $ | 125 |  |  | $ | 125 | 
|                       |  |  |  | Sofi Hacking Corp ## &                                                                |  | Term Loan                                           |  |                 | 05/11/15 |  |              |  | 05/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 125 |  |  | $ | 125 |  |  | $ | 125 | 
|                       |  |  |  | Joseph Bologna ## {Annually-Prime plus 1.00%}                                         |  | Term Loan                                           |  |                 | 10/06/10 |  |              |  | 09/29/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 113 |  |  | $ | 113 |  |  | $ | 113 | 
|                       |  |  |  | Ny Diploma Taxi Corp/Mfun                                                             |  | Term Loan                                           |  |                 | 07/24/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 101 |  |  | $ | 101 |  |  | $ | 101 | 
|                       |  |  |  | Roman Fermin ##                                                                       |  | Term Loan                                           |  |                 | 08/09/13 |  |              |  | 07/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 101 |  |  | $ | 101 |  |  | $ | 101 | 
|                       |  |  |  | Birk Cab Corp/Note 1 ## & (interest rate includes deferred interest of 1.25%)         |  | Term Loan                                           |  |                 | 03/11/15 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 6                    |  |  |          |  |  |           | $ | 111 |  |  | $ | 99  |  |  | $ | 100 | 
|                       |  |  |  | Birk Cab Corp/Note 2 ## & (interest rate includes deferred interest of 1.25%)         |  | Term Loan                                           |  |                 | 03/11/15 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 2                    |  |  |          |  |  |           | $ | 96  |  |  | $ | 85  |  |  | $ | 86  | 
|                       |  |  |  | Jaswinder Singh/Note B (interest rate includes deferred interest of 2.00%)            |  | Term Loan                                           |  |                 | 04/27/16 |  |              |  | 04/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 3                    |  |  |          |  |  |           | $ | 84  |  |  | $ | 84  |  |  | $ | 84  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                                         |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |       |                                     |  |   |                      |  |  |          |  |  |           |   |     |  |  |   |    |  |  |   |    | 
|---------------------- |  |  |  | ------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ----- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | --- |  |  | - | -- |  |  | - | -- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                                            |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |       | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | 1212 Taxi LLC (interest rate includes deferred interest of 1.75%)                                       |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 16                   |  |  |          |  |  |           | $ | 74  |  |  | $ | 74 |  |  | $ | 75 | 
|                       |  |  |  | Y Joey Taxi Inc (interest rate includes deferred interest of 1.75%)                                     |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 8                    |  |  |          |  |  |           | $ | 73  |  |  | $ | 73 |  |  | $ | 74 | 
|                       |  |  |  | Bu Taxi LLC/Mbank                                                                                       |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 73  |  |  | $ | 73 |  |  | $ | 73 | 
|                       |  |  |  | Ede Service Corp                                                                                        |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 70  |  |  | $ | 70 |  |  | $ | 70 | 
|                       |  |  |  | Nicolae Blidariu                                                                                        |  | Term Loan                                           |  |                 | 02/29/08 |  |              |  | 02/28/23 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 68  |  |  | $ | 68 |  |  | $ | 68 | 
|                       |  |  |  | Jean Pierre Trans Inc                                                                                   |  | Term Loan                                           |  |                 | 02/26/14 |  |              |  | 05/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 62  |  |  | $ | 62 |  |  | $ | 62 | 
|                       |  |  |  | Tyme Cab Corp (interest rate includes deferred interest of 2.75%)                                       |  | Term Loan                                           |  |                 | 06/26/14 |  |              |  | 06/25/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 14                   |  |  |          |  |  |           | $ | 60  |  |  | $ | 60 |  |  | $ | 60 | 
|                       |  |  |  | Y Mommy Taxi Inc/Mbank                                                                                  |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 58  |  |  | $ | 58 |  |  | $ | 58 | 
|                       |  |  |  | Ruckman Hacking Corp {Annually-Prime plus .25%}                                                         |  | Term Loan                                           |  |                 | 08/30/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 56  |  |  | $ | 56 |  |  | $ | 56 | 
|                       |  |  |  | Sonnet Service Co Inc {Annually-Prime plus .25%}                                                        |  | Term Loan                                           |  |                 | 08/30/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 56  |  |  | $ | 56 |  |  | $ | 56 | 
|                       |  |  |  | Chahal & Nahal LLC                                                                                      |  | Term Loan                                           |  |                 | 04/21/14 |  |              |  | 04/21/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.17  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 56  |  |  | $ | 56 |  |  | $ | 56 | 
|                       |  |  |  | Goodspeed Transit Inc {Annually-Prime plus .50%}                                                        |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 54  |  |  | $ | 54 |  |  | $ | 54 | 
|                       |  |  |  | Y Daddy Taxi Inc/Mbank                                                                                  |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 53  |  |  | $ | 53 |  |  | $ | 53 | 
|                       |  |  |  | Cora Hacking Corp                                                                                       |  | Term Loan                                           |  |                 | 03/07/13 |  |              |  | 06/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 50 |  |  | $ | 50 | 
|                       |  |  |  | Granny Hacking Corp                                                                                     |  | Term Loan                                           |  |                 | 03/07/13 |  |              |  | 06/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 50 |  |  | $ | 50 | 
|                       |  |  |  | Eddy Joseph                                                                                             |  | Term Loan                                           |  |                 | 02/02/15 |  |              |  | 02/02/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 48  |  |  | $ | 48 |  |  | $ | 49 | 
|                       |  |  |  | M.Y. Taxi Inc (interest rate includes deferred interest of 1.75%)                                       |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 20                   |  |  |          |  |  |           | $ | 48  |  |  | $ | 48 |  |  | $ | 49 | 
|                       |  |  |  | Mode Service Corp                                                                                       |  | Term Loan                                           |  |                 | 06/02/11 |  |              |  | 06/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 48  |  |  | $ | 48 |  |  | $ | 48 | 
|                       |  |  |  | Ptah Cab Corp {Annually-Prime minus 1.75%} (interest rate includes deferred interest of 1.00%)          |  | Term Loan                                           |  |                 | 03/12/14 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25  | %                                   |  | $ | 8                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47 |  |  | $ | 47 | 
|                       |  |  |  | Network Agami Cab Corp {Annually-Prime minus 1.75%} (interest rate includes deferred interest of 1.00%) |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25  | %                                   |  | $ | 8                    |  |  |          |  |  |           | $ | 46  |  |  | $ | 46 |  |  | $ | 46 | 
|                       |  |  |  | Salih Boncukcu/Mbnk                                                                                     |  | Term Loan                                           |  |                 | 06/18/14 |  |              |  | 12/18/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 13.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 46  |  |  | $ | 46 |  |  | $ | 46 | 
|                       |  |  |  | Ny Diploma Taxi Co                                                                                      |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 46  |  |  | $ | 46 |  |  | $ | 46 | 
|                       |  |  |  | Abdul H Abid ##                                                                                         |  | Term Loan                                           |  |                 | 04/24/14 |  |              |  | 04/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 43  |  |  | $ | 43 |  |  | $ | 44 | 
|                       |  |  |  | Orbit Agami Cab Llc {Annually-Prime minus .25%}                                                         |  | Term Loan                                           |  |                 | 11/05/10 |  |              |  | 10/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 43  |  |  | $ | 43 |  |  | $ | 43 | 
|                       |  |  |  | Justin Hacking Corp {Annually-Prime plus .50%}                                                          |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 42  |  |  | $ | 42 |  |  | $ | 42 | 
|                       |  |  |  | William G Ward ##                                                                                       |  | Term Loan                                           |  |                 | 04/29/13 |  |              |  | 04/26/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 40  |  |  | $ | 40 |  |  | $ | 40 | 
|                       |  |  |  | Y Meir Taxi Inc/Mbnk                                                                                    |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 29  |  |  | $ | 29 |  |  | $ | 29 | 
|                       |  |  |  | Y Michal Taxi Inc/Mbnk                                                                                  |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 29  |  |  | $ | 29 |  |  | $ | 29 | 
|                       |  |  |  | S&M Taxi Inc/Mbank                                                                                      |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 29  |  |  | $ | 29 |  |  | $ | 29 | 
|                       |  |  |  | N&A Taxi Inc/Mbank                                                                                      |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 29  |  |  | $ | 29 |  |  | $ | 29 | 
|                       |  |  |  | Y Mati Taxi Inc/Mbnk                                                                                    |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 29  |  |  | $ | 29 |  |  | $ | 29 | 
|                       |  |  |  | Soho Cab Corp &                                                                                         |  | Term Loan                                           |  |                 | 02/11/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 132 |  |  | $ | 51 |  |  | $ | 29 | 
|                       |  |  |  | M.M.Y Taxi Inc (interest rate includes deferred interest of 1.75%)                                      |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 15                   |  |  |          |  |  |           | $ | 29  |  |  | $ | 29 |  |  | $ | 29 | 
|                       |  |  |  | Yme Transit Inc {Annually-Prime plus .50%}                                                              |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 29  |  |  | $ | 29 |  |  | $ | 29 | 
|                       |  |  |  | Fido Cab Corp {Annually-Prime plus .50%}                                                                |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 24  |  |  | $ | 23 |  |  | $ | 23 | 
|                       |  |  |  | M&J Taxi Inc (interest rate includes deferred interest of 1.75%)                                        |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 21  |  |  | $ | 21 |  |  | $ | 22 | 
|                       |  |  |  | Maya Taxi Inc (interest rate includes deferred interest of 1.75%)                                       |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 21  |  |  | $ | 21 |  |  | $ | 22 | 
|                       |  |  |  | Mtr Taxi Inc (interest rate includes deferred interest of 1.75%)                                        |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 21  |  |  | $ | 21 |  |  | $ | 22 | 
|                       |  |  |  | Neomi & Z Taxi Inc (interest rate includes deferred interest of 1.75%)                                  |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 21  |  |  | $ | 21 |  |  | $ | 22 | 
|                       |  |  |  | Saba Moshe Taxi Inc (interest rate includes deferred interest of 1.75%)                                 |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 21  |  |  | $ | 21 |  |  | $ | 22 | 
|                       |  |  |  | Bursa Cab Corp/Note 2                                                                                   |  | Term Loan                                           |  |                 | 03/23/01 |  |              |  | 09/10/23 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 21  |  |  | $ | 21 |  |  | $ | 21 | 
|                       |  |  |  | Opera Taxi Inc/Mbank                                                                                    |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 20  |  |  | $ | 20 |  |  | $ | 20 | 
|                       |  |  |  | Ronen Taxi Inc/Mbank                                                                                    |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 20  |  |  | $ | 20 |  |  | $ | 20 | 
|                       |  |  |  | Mry Taxi Inc/Mbank                                                                                      |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 20  |  |  | $ | 20 |  |  | $ | 20 | 
|                       |  |  |  | Munir Ahmed Sahi ##                                                                                     |  | Term Loan                                           |  |                 | 08/13/15 |  |              |  | 08/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 20  |  |  | $ | 20 |  |  | $ | 20 | 
|                       |  |  |  | Bursa Cab Corp/Note 1                                                                                   |  | Term Loan                                           |  |                 | 03/23/01 |  |              |  | 09/10/23 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 19  |  |  | $ | 19 |  |  | $ | 19 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018





|                       |  |  |  |                                                                                         |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                               |  |       |                                     |  |   |                      |  |  |          |   |  |           |   |        |  |  |   |        |  |  |   |        | 
|---------------------- |  |  |  | --------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ----------------------------- |  | ----- | ----------------------------------- |  | - | -------------------- |  |  | -------- | - |  | --------- | - | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                            |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | Capitalized/ DeferredInterest |  |       | OriginalCost
of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |   |  | FairValue |  
|                       |  |  |  | Sukhdev Singh & H Singh/B Note                                                          |  | Term Loan                                           |  |                 | 07/13/16 |  |              |  | 07/13/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 16     |  |  | $ | 16     |  |  | $ | 17     | 
|                       |  |  |  | Vosiem Hacking Corp {Annually-Prime plus .50%}                                          |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 16     |  |  | $ | 15     |  |  | $ | 15     | 
|                       |  |  |  | Surlak Taxi LLC/Mbnk                                                                    |  | Term Loan                                           |  |                 | 04/25/14 |  |              |  | 04/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 9.19  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 14     |  |  | $ | 14     |  |  | $ | 14     | 
|                       |  |  |  | Jose F Pimentel ##                                                                      |  | Term Loan                                           |  |                 | 05/14/14 |  |              |  | 05/14/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 9      |  |  | $ | 9      |  |  | $ | 10     | 
|                       |  |  |  | Bj Cab Corp                                                                             |  | Term Loan                                           |  |                 | 02/27/15 |  |              |  | 02/26/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 7      |  |  | $ | 7      |  |  | $ | 8      | 
|                       |  |  |  | Jean M Venord/Mbank                                                                     |  | Term Loan                                           |  |                 | 04/10/17 |  |              |  | 04/10/22 |               |  |  | 1             |  |  |                  | * |   |                               |  | 9.25  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 7      |  |  | $ | 7      |  |  | $ | 7      | 
|                       |  |  |  | Amr Aly Shafshak/Note B &                                                               |  | Term Loan                                           |  |                 | 10/24/17 |  |              |  | 10/24/22 |               |  |  | 1             |  |  |                  | * |   |                               |  | 0.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 307    |  |  | $ | 307    |  |  | $ | 2      | 
|                       |  |  |  | Paros Taxi LLC &                                                                        |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 318    |  |  | $ | 224    |  |  | $ | 1      | 
|                       |  |  |  | Hshmul Taxi LLC/Mbnk &                                                                  |  | Term Loan                                           |  |                 | 03/17/14 |  |              |  | 05/31/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 36     |  |  | $ | 34     |  |  | $ | 1      | 
|                       |  |  |  | Davinder Singh/Mbnk                                                                     |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 04/20/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.92  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 59     |  |  | $ | 60     |  |  | $ | 1      | 
|                       |  |  |  | D&P Baidwan LLC/Mbnk &                                                                  |  | Term Loan                                           |  |                 | 05/20/14 |  |              |  | 05/20/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.36  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 84     |  |  | $ | 85     |  |  | $ | 1      | 
|                       |  |  |  | Kero Taxi Corp/Mbnk                                                                     |  | Term Loan                                           |  |                 | 05/30/14 |  |              |  | 11/30/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 10.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 74     |  |  | $ | 75     |  |  | $ | 1      | 
|                       |  |  |  | Pakt Medallions LLC/Mbnk &                                                              |  | Term Loan                                           |  |                 | 08/26/14 |  |              |  | 06/02/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.75  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 43     |  |  | $ | 42     |  |  | $ | 1      | 
|                       |  |  |  | Dominique Ismael &                                                                      |  | Term Loan                                           |  |                 | 09/17/15 |  |              |  | 09/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 8      |  |  | $ | 9      |  |  | $ | 1      | 
|Chicago                |  |  |  |                                                                                         |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 107           |  |  |                  | 5 | % |                               |  | 4.72  | %                                   |  | $ | 292                  |  |  | $        | 0 |  |           | $ | 16,525 |  |  | $ | 15,718 |  |  | $ | 12,822 | 
|                       |  |  |  | Sweetgrass Peach &Chadwick Cap ## & (interest rate includes deferred interest of 1.00%) |  | Term Loan                                           |  |                 | 08/28/12 |  |              |  | 02/24/18 |               |  |  | 1             |  |  |                  | 1 | % |                               |  | 6.00  | %                                   |  | $ | 37                   |  |  |          |   |  |           | $ | 1,353  |  |  | $ | 1,353  |  |  | $ | 1,353  | 
|                       |  |  |  | Regal Cab Company Et Al ## &                                                            |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 489    |  |  | $ | 489    |  |  | $ | 489    | 
|                       |  |  |  | Chicago Medallion Two LLC ## & (interest rate includes deferred interest of .75%)       |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75  | %                                   |  | $ | 15                   |  |  |          |   |  |           | $ | 364    |  |  | $ | 349    |  |  | $ | 349    | 
|                       |  |  |  | Chicago Medallion Three LLC ## & (interest rate includes deferred interest of .75%)     |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75  | %                                   |  | $ | 15                   |  |  |          |   |  |           | $ | 364    |  |  | $ | 349    |  |  | $ | 349    | 
|                       |  |  |  | Chicago Medallion Four LLC ## & (interest rate includes deferred interest of .75%)      |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75  | %                                   |  | $ | 16                   |  |  |          |   |  |           | $ | 364    |  |  | $ | 349    |  |  | $ | 349    | 
|                       |  |  |  | Chicago Medallion One LLC ## & (interest rate includes deferred interest of .75%)       |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75  | %                                   |  | $ | 15                   |  |  |          |   |  |           | $ | 364    |  |  | $ | 349    |  |  | $ | 349    | 
|                       |  |  |  | Moo Moo Cab Co ## {Annually-Prime plus 2.00%}                                           |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/04/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.25  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 413    |  |  | $ | 413    |  |  | $ | 413    | 
|                       |  |  |  | Blue Valentine Cab Corp {Annually-Prime plus 2.00%}                                     |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 404    |  |  | $ | 404    |  |  | $ | 404    | 
|                       |  |  |  | Tumblin Dice Taxi Inc {Annually-Prime plus 2.00%}                                       |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 402    |  |  | $ | 402    |  |  | $ | 402    | 
|                       |  |  |  | Musanour Cab Inc ##                                                                     |  | Term Loan                                           |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 402    |  |  | $ | 401    |  |  | $ | 401    | 
|                       |  |  |  | Chicago Medallion Nine LLC ## &                                                         |  | Term Loan                                           |  |                 | 05/02/12 |  |              |  | 05/02/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 301    |  |  | $ | 279    |  |  | $ | 279    | 
|                       |  |  |  | Rahwa & Bros Cab Co, Et Al ## &                                                         |  | Term Loan                                           |  |                 | 04/11/14 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 256    |  |  | $ | 210    |  |  | $ | 211    | 
|                       |  |  |  | Blue Eyes Cab Corp ## & {Annually-Prime}                                                |  | Term Loan                                           |  |                 | 12/22/15 |  |              |  | 12/22/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 211    |  |  | $ | 210    |  |  | $ | 211    | 
|                       |  |  |  | Lucky Seven Chicago One Inc ## & {Annually-Prime}                                       |  | Term Loan                                           |  |                 | 12/22/15 |  |              |  | 12/22/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 211    |  |  | $ | 210    |  |  | $ | 211    | 
|                       |  |  |  | Michael Two Cab Corp ## &                                                               |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 210    |  |  | $ | 210    |  |  | $ | 210    | 
|                       |  |  |  | Little Wing Cab Corp {Annually-Prime plus 2.00%}                                        |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 271    |  |  | $ | 271    |  |  | $ | 271    | 
|                       |  |  |  | American Buffalo Cab Corp {Annually-Prime plus 2.00%}                                   |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 269    |  |  | $ | 269    |  |  | $ | 269    | 
|                       |  |  |  | Valasia Cab Co ## &                                                                     |  | Term Loan                                           |  |                 | 01/18/12 |  |              |  | 01/18/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 238    |  |  | $ | 238    |  |  | $ | 238    | 
|                       |  |  |  | Ray Cab Company &                                                                       |  | Term Loan                                           |  |                 | 07/22/15 |  |              |  | 07/22/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 215    |  |  | $ | 210    |  |  | $ | 211    | 
|                       |  |  |  | Met Cab Co ## &                                                                         |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 210    |  |  | $ | 210    |  |  | $ | 211    | 
|                       |  |  |  | Lmb Taxi V Inc ## &                                                                     |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 175    | 
|                       |  |  |  | Lmb Taxi Iv Inc ## &                                                                    |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 175    | 
|                       |  |  |  | Harriet C Inc ## & (interest rate includes deferred interest of 2.75%)                  |  | Term Loan                                           |  |                 | 10/19/12 |  |              |  | 10/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25  | %                                   |  | $ | 35                   |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 175    | 
|                       |  |  |  | Glti Cab Corp &                                                                         |  | Term Loan                                           |  |                 | 03/10/15 |  |              |  | 03/10/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 210    |  |  | $ | 210    |  |  | $ | 211    | 
|                       |  |  |  | Aniba Management & Services In ##                                                       |  | Term Loan                                           |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 200    |  |  | $ | 200    |  |  | $ | 200    | 
|                       |  |  |  | Cozy Cab Co ## &                                                                        |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 180    |  |  | $ | 175    |  |  | $ | 176    | 
|                       |  |  |  | Dell Cab Corp ## &                                                                      |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 176    | 
|                       |  |  |  | Mike Taxi Corp ## &                                                                     |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 175    | 
|                       |  |  |  | Natalia Taxi Corp ## &                                                                  |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 175    | 
|                       |  |  |  | Natasha Transportation Inc ## &                                                         |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 175    | 
|                       |  |  |  | N And M Valdof Hacking Corp ## &                                                        |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 175    |  |  | $ | 175    |  |  | $ | 175    | 
|                       |  |  |  | Showcase Sports Management Cor ##                                                       |  | Term Loan                                           |  |                 | 01/22/10 |  |              |  | 03/11/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 188    |  |  | $ | 188    |  |  | $ | 188    | 
|                       |  |  |  | Chicago Medallion Seven LLC ## &                                                        |  | Term Loan                                           |  |                 | 05/02/12 |  |              |  | 05/02/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75  | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 152    |  |  | $ | 140    |  |  | $ | 140    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                                  |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | -------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                     |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost
of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Tribeca Two Cab Corp ## & (interest rate includes deferred interest of 1.50%)    |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 12                   |  |  |          |  |  |           | $ | 703 |  |  | $ | 667 |  |  | $ | 137 | 
|                       |  |  |  | Santorini Four Cab Corp ## & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 12                   |  |  |          |  |  |           | $ | 703 |  |  | $ | 668 |  |  | $ | 138 | 
|                       |  |  |  | Santorini Six Cab Corp ## & (interest rate includes deferred interest of 1.50%)  |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 12                   |  |  |          |  |  |           | $ | 702 |  |  | $ | 667 |  |  | $ | 137 | 
|                       |  |  |  | Santorini Five Cab Corp ## & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 12                   |  |  |          |  |  |           | $ | 702 |  |  | $ | 667 |  |  | $ | 137 | 
|                       |  |  |  | Mikhalia Cabs Nine Inc ## &                                                      |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 105 |  |  | $ | 105 |  |  | $ | 105 | 
|                       |  |  |  | Kayla Hacking Corp ## &                                                          |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 105 |  |  | $ | 105 |  |  | $ | 105 | 
|                       |  |  |  | Carol Of Illinois Enterprises &                                                  |  | Term Loan                                           |  |                 | 09/19/14 |  |              |  | 09/19/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 106 |  |  | $ | 105 |  |  | $ | 105 | 
|                       |  |  |  | Dome Cab Corp ## &                                                               |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 105 |  |  | $ | 105 |  |  | $ | 105 | 
|                       |  |  |  | Addis Flower Taxi Cab Service &                                                  |  | Term Loan                                           |  |                 | 02/27/14 |  |              |  | 02/27/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 100 |  |  | $ | 100 |  |  | $ | 101 | 
|                       |  |  |  | Bedford Cab Two Corp {Annually-Prime plus .75%}                                  |  | Term Loan                                           |  |                 | 07/30/10 |  |              |  | 03/11/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 99  |  |  | $ | 99  |  |  | $ | 99  | 
|                       |  |  |  | Paik Cab Co                                                                      |  | Term Loan                                           |  |                 | 05/30/14 |  |              |  | 05/30/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 97  |  |  | $ | 97  |  |  | $ | 98  | 
|                       |  |  |  | Asmara Cab Company ##                                                            |  | Term Loan                                           |  |                 | 12/01/11 |  |              |  | 12/29/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 91  |  |  | $ | 91  |  |  | $ | 91  | 
|                       |  |  |  | Imc Cab Corp {Annually-Prime plus .75%}                                          |  | Term Loan                                           |  |                 | 08/27/10 |  |              |  | 03/11/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 83  |  |  | $ | 83  |  |  | $ | 83  | 
|                       |  |  |  | Taxi For Less Inc &                                                              |  | Term Loan                                           |  |                 | 09/19/14 |  |              |  | 03/31/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 85  |  |  | $ | 70  |  |  | $ | 71  | 
|                       |  |  |  | Myrtos Cab Corp &                                                                |  | Term Loan                                           |  |                 | 03/25/15 |  |              |  | 03/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 84  |  |  | $ | 70  |  |  | $ | 71  | 
|                       |  |  |  | Jiffy Cab Co ## &                                                                |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 76  |  |  | $ | 70  |  |  | $ | 71  | 
|                       |  |  |  | Coffee Taxi LLC ## & (interest rate includes deferred interest of 1.50%)         |  | Term Loan                                           |  |                 | 10/10/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 7                    |  |  |          |  |  |           | $ | 441 |  |  | $ | 414 |  |  | $ | 69  | 
|                       |  |  |  | Alem B Cab Inc ## &                                                              |  | Term Loan                                           |  |                 | 01/22/13 |  |              |  | 01/22/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Karbala Express Inc ## &                                                         |  | Term Loan                                           |  |                 | 02/26/13 |  |              |  | 05/26/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Naneffe Inc ## &                                                                 |  | Term Loan                                           |  |                 | 03/15/13 |  |              |  | 03/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 43  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Semhar Corp ## &                                                                 |  | Term Loan                                           |  |                 | 01/31/12 |  |              |  | 01/31/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Significant Trans Inc ## &                                                       |  | Term Loan                                           |  |                 | 04/06/12 |  |              |  | 04/06/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Adi Express Inc ## &                                                             |  | Term Loan                                           |  |                 | 09/21/12 |  |              |  | 09/21/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Annabelle Cab Corporation ## &                                                   |  | Term Loan                                           |  |                 | 02/14/14 |  |              |  | 03/12/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Three Kids Corp &                                                                |  | Term Loan                                           |  |                 | 04/15/13 |  |              |  | 04/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Alex Z Cab Corp &                                                                |  | Term Loan                                           |  |                 | 04/22/13 |  |              |  | 04/22/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 44  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Sabina Cab Inc &                                                                 |  | Term Loan                                           |  |                 | 04/19/13 |  |              |  | 04/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 37  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Moses J Frank &                                                                  |  | Term Loan                                           |  |                 | 04/26/13 |  |              |  | 04/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 7.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 44  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Tekezze Inc &                                                                    |  | Term Loan                                           |  |                 | 12/11/13 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 42  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Antar Trans Inc &                                                                |  | Term Loan                                           |  |                 | 01/17/14 |  |              |  | 01/17/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Tyrone Henderson &                                                               |  | Term Loan                                           |  |                 | 03/12/14 |  |              |  | 07/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 36  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Bashiru Habib &                                                                  |  | Term Loan                                           |  |                 | 07/09/14 |  |              |  | 07/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 36  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Measho Cab Corp &                                                                |  | Term Loan                                           |  |                 | 08/08/16 |  |              |  | 08/08/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Zeyrefda Inc ## &                                                                |  | Term Loan                                           |  |                 | 05/17/13 |  |              |  | 05/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 39  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Nakfa Corp ## &                                                                  |  | Term Loan                                           |  |                 | 06/17/13 |  |              |  | 06/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.88 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 37  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Yenemekoya Inc ## &                                                              |  | Term Loan                                           |  |                 | 06/28/13 |  |              |  | 06/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 39  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Shere Corp ## &                                                                  |  | Term Loan                                           |  |                 | 07/26/13 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 38  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Tahoora Transportation Inc. ## &                                                 |  | Term Loan                                           |  |                 | 07/26/13 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 38  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Nike Yomi Inc ## &                                                               |  | Term Loan                                           |  |                 | 08/06/13 |  |              |  | 08/06/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 49  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Life Cab Corp ## &                                                               |  | Term Loan                                           |  |                 | 09/18/13 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 38  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Nour Enterprise Inc ## &                                                         |  | Term Loan                                           |  |                 | 09/16/13 |  |              |  | 09/16/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Wubshet Inc ## &                                                                 |  | Term Loan                                           |  |                 | 09/25/13 |  |              |  | 09/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 38  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Adom Enterprise, Inc ## &                                                        |  | Term Loan                                           |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 40  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Helen Habte Corp ## &                                                            |  | Term Loan                                           |  |                 | 10/01/13 |  |              |  | 02/03/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 43  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Interwoodex Inc ## &                                                             |  | Term Loan                                           |  |                 | 11/07/13 |  |              |  | 11/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 43  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Tad Taxi Co ## &                                                                 |  | Term Loan                                           |  |                 | 11/13/13 |  |              |  | 11/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 42  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Alkarim Chicago Inc ## &                                                         |  | Term Loan                                           |  |                 | 11/27/13 |  |              |  | 11/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 43  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Asmara Inc ## &                                                                  |  | Term Loan                                           |  |                 | 04/11/13 |  |              |  | 04/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Rahel Express Inc ## &                                                           |  | Term Loan                                           |  |                 | 12/27/13 |  |              |  | 12/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 36  | 
|                       |  |  |  | Jpg Cab Corp &                                                                   |  | Term Loan                                           |  |                 | 04/23/12 |  |              |  | 04/23/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Delina Cab Inc &                                                                 |  | Term Loan                                           |  |                 | 01/22/13 |  |              |  | 01/22/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Tigray Cab Inc &                                                                 |  | Term Loan                                           |  |                 | 03/28/13 |  |              |  | 03/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Les & Thera LLC &                                                                |  | Term Loan                                           |  |                 | 05/08/13 |  |              |  | 05/08/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 35  |  |  | $ | 35  |  |  | $ | 35  | 
|                       |  |  |  | Pireas Taxi Corp ## &                                                            |  | Term Loan                                           |  |                 | 06/07/13 |  |              |  | 06/07/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 38  |  |  | $ | 35  |  |  | $ | 35  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                              |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                               |  |      |                                     |  |   |                      |  |  |          |   |  |           |   |        |  |  |   |        |  |  |   |        | 
|---------------------- |  |  |  | ---------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | - |  | --------- | - | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                 |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | Capitalized /DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |   |  | FairValue |  
|                       |  |  |  | Kalib 2010 Inc ## &                                                          |  | Term Loan                                           |  |                 | 07/16/13 |  |              |  | 07/16/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 35     |  |  | $ | 35     |  |  | $ | 35     | 
|                       |  |  |  | Yemi Taxi Corp ## &                                                          |  | Term Loan                                           |  |                 | 08/01/13 |  |              |  | 08/01/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 35     |  |  | $ | 35     |  |  | $ | 35     | 
|                       |  |  |  | Grapevine Taxi LLC ## & (interest rate includes deferred interest of 1.50%)  |  | Term Loan                                           |  |                 | 10/10/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 3                    |  |  |          |   |  |           | $ | 161    |  |  | $ | 151    |  |  | $ | 35     | 
|                       |  |  |  | C Dortch Inc ## & (interest rate includes deferred interest of 1.50%)        |  | Term Loan                                           |  |                 | 12/04/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 3                    |  |  |          |   |  |           | $ | 181    |  |  | $ | 172    |  |  | $ | 35     | 
|                       |  |  |  | Ali Taxi Corp ##                                                             |  | Term Loan                                           |  |                 | 08/13/13 |  |              |  | 08/13/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 20     |  |  | $ | 20     |  |  | $ | 20     | 
|                       |  |  |  | Sny Cab Inc ##                                                               |  | Term Loan                                           |  |                 | 12/14/11 |  |              |  | 12/28/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 17     |  |  | $ | 17     |  |  | $ | 17     | 
|                       |  |  |  | Ade Taxi Corp                                                                |  | Term Loan                                           |  |                 | 12/08/14 |  |              |  | 12/08/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 13     |  |  | $ | 13     |  |  | $ | 14     | 
|                       |  |  |  | Top Cab Corp                                                                 |  | Term Loan                                           |  |                 | 05/14/15 |  |              |  | 05/14/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 13     |  |  | $ | 13     |  |  | $ | 14     | 
|                       |  |  |  | Hudson Cab Corp & (interest rate includes deferred interest of 1.50%)        |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 16                   |  |  |          |   |  |           | $ | 95     |  |  | $ | 46     |  |  | $ | 12     | 
|                       |  |  |  | Oia Cab Corp & (interest rate includes deferred interest of 1.50%)           |  | Term Loan                                           |  |                 | 08/01/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 17                   |  |  |          |   |  |           | $ | 97     |  |  | $ | 42     |  |  | $ | 11     | 
|                       |  |  |  | Tribeca Three Cab Corp & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 13                   |  |  |          |   |  |           | $ | 75     |  |  | $ | 37     |  |  | $ | 10     | 
|                       |  |  |  | Stny Taxi Corp & (interest rate includes deferred interest of 1.50%)         |  | Term Loan                                           |  |                 | 08/01/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 14                   |  |  |          |   |  |           | $ | 77     |  |  | $ | 31     |  |  | $ | 8      | 
|                       |  |  |  | Santorini Two Cab Corp & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 08/01/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 14                   |  |  |          |   |  |           | $ | 78     |  |  | $ | 33     |  |  | $ | 8      | 
|                       |  |  |  | Greenwich Cab Corp & (interest rate includes deferred interest of 1.50%)     |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 10                   |  |  |          |   |  |           | $ | 58     |  |  | $ | 27     |  |  | $ | 8      | 
|                       |  |  |  | Any Cab Two Corp & (interest rate includes deferred interest of 1.50%)       |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 7                    |  |  |          |   |  |           | $ | 38     |  |  | $ | 19     |  |  | $ | 6      | 
|                       |  |  |  | St Petersburg Taxi LLC & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 7                    |  |  |          |   |  |           | $ | 38     |  |  | $ | 19     |  |  | $ | 6      | 
|                       |  |  |  | Taxi For Less Inc &                                                          |  | Term Loan                                           |  |                 | 05/09/16 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 10     |  |  | $ | 10     |  |  | $ | 2      | 
|                       |  |  |  | Patriot Trans Inc &                                                          |  | Term Loan                                           |  |                 | 05/09/16 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 20     |  |  | $ | 20     |  |  | $ | 2      | 
|                       |  |  |  | Francis King Boat Inc                                                        |  | Term Loan                                           |  |                 | 04/17/13 |  |              |  | 04/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 1      |  |  | $ | 1      |  |  | $ | 1      | 
|                       |  |  |  | Top Cab Corp &                                                               |  | Term Loan                                           |  |                 | 02/24/15 |  |              |  | 02/24/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 13     |  |  | $ | 11     |  |  | $ | 1      | 
|Newark                 |  |  |  |                                                                              |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 110           |  |  |                  | 8 | % |                               |  | 5.38 | %                                   |  | $ | 3                    |  |  | $        | 0 |  |           | $ | 21,400 |  |  | $ | 21,316 |  |  | $ | 20,435 | 
|                       |  |  |  | Viergella Inc ## &                                                           |  | Term Loan                                           |  |                 | 02/20/14 |  |              |  | 02/20/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 1,276  |  |  | $ | 1,276  |  |  | $ | 1,276  | 
|                       |  |  |  | Rachel LLC                                                                   |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 663    |  |  | $ | 663    |  |  | $ | 663    | 
|                       |  |  |  | K And N Taxi LLC                                                             |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 09/26/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 585    |  |  | $ | 585    |  |  | $ | 585    | 
|                       |  |  |  | A.M.E. Transit Limited Liabili ## &                                          |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 318    |  |  | $ | 318    |  |  | $ | 318    | 
|                       |  |  |  | Cherubin Vincent &                                                           |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 605    |  |  | $ | 605    |  |  | $ | 318    | 
|                       |  |  |  | Saintvillien & Larochelle LLC                                                |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 301    |  |  | $ | 301    |  |  | $ | 301    | 
|                       |  |  |  | Mr. Milcent & Sons, LLC ## &                                                 |  | Term Loan                                           |  |                 | 04/24/14 |  |              |  | 04/24/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 289    |  |  | $ | 289    |  |  | $ | 288    | 
|                       |  |  |  | Two Daughters Taxi LLC ##                                                    |  | Term Loan                                           |  |                 | 06/12/14 |  |              |  | 06/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 284    |  |  | $ | 284    |  |  | $ | 284    | 
|                       |  |  |  | 1 Hope LLC &                                                                 |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 09/26/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 273    |  |  | $ | 273    |  |  | $ | 272    | 
|                       |  |  |  | Owned By Mr Vincent LLC                                                      |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 271    |  |  | $ | 271    |  |  | $ | 270    | 
|                       |  |  |  | Romise Taxi LLC                                                              |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 268    |  |  | $ | 268    |  |  | $ | 268    | 
|                       |  |  |  | Lagrande Taxi Corp ##                                                        |  | Term Loan                                           |  |                 | 02/14/13 |  |              |  | 02/14/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 269    |  |  | $ | 269    |  |  | $ | 268    | 
|                       |  |  |  | B Gene And Fil LLC                                                           |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 268    |  |  | $ | 268    |  |  | $ | 267    | 
|                       |  |  |  | Clair 282 LLC ##                                                             |  | Term Loan                                           |  |                 | 09/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 266    |  |  | $ | 266    |  |  | $ | 265    | 
|                       |  |  |  | Angel Taxi LLC                                                               |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 260    |  |  | $ | 260    |  |  | $ | 260    | 
|                       |  |  |  | Cmgv #2 Taxi Inc ##                                                          |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 259    |  |  | $ | 259    |  |  | $ | 259    | 
|                       |  |  |  | Carvin Taxi Inc ##                                                           |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 258    |  |  | $ | 258    |  |  | $ | 258    | 
|                       |  |  |  | Dern #2 Taxi Inc ##                                                          |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 258    |  |  | $ | 258    |  |  | $ | 258    | 
|                       |  |  |  | Center Taxi LLC ##                                                           |  | Term Loan                                           |  |                 | 08/15/13 |  |              |  | 08/15/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 257    |  |  | $ | 257    |  |  | $ | 256    | 
|                       |  |  |  | Jovin Taxi Inc ##                                                            |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 252    |  |  | $ | 252    |  |  | $ | 251    | 
|                       |  |  |  | Magdala Corp ## &                                                            |  | Term Loan                                           |  |                 | 08/16/13 |  |              |  | 08/16/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 245    |  |  | $ | 245    |  |  | $ | 245    | 
|                       |  |  |  | Maitre Joa LLC                                                               |  | Term Loan                                           |  |                 | 09/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 238    |  |  | $ | 238    |  |  | $ | 237    | 
|                       |  |  |  | Simone Francois ##                                                           |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 237    |  |  | $ | 237    |  |  | $ | 236    | 
|                       |  |  |  | Mike 22, Limited Liability Com                                               |  | Term Loan                                           |  |                 | 06/11/15 |  |              |  | 06/11/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 229    |  |  | $ | 229    |  |  | $ | 229    | 
|                       |  |  |  | Holy Family Trans Inc                                                        |  | Term Loan                                           |  |                 | 04/16/15 |  |              |  | 04/16/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 227    |  |  | $ | 227    |  |  | $ | 227    | 
|                       |  |  |  | Peter Doe &                                                                  |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 226    |  |  | $ | 226    |  |  | $ | 226    | 
|                       |  |  |  | D,D Trans Inc                                                                |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 222    |  |  | $ | 222    |  |  | $ | 222    | 
|                       |  |  |  | Nahla Taxi Inc ##                                                            |  | Term Loan                                           |  |                 | 04/24/14 |  |              |  | 04/24/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 220    |  |  | $ | 220    |  |  | $ | 220    | 
|                       |  |  |  | St Abraam Corp                                                               |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/22/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 217    |  |  | $ | 217    |  |  | $ | 217    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                                                      |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | -------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                         |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized /DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Three Sons 2 Taxi Inc ##                                             |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 11/09/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 216 |  |  | $ | 216 |  |  | $ | 215 | 
|                       |  |  |  | Rowfida Incorporated ##                                              |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 216 |  |  | $ | 216 |  |  | $ | 215 | 
|                       |  |  |  | Luckner Etienne ##                                                   |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 208 |  |  | $ | 207 |  |  | $ | 207 | 
|                       |  |  |  | Dupe Taxi LLC                                                        |  | Term Loan                                           |  |                 | 12/10/15 |  |              |  | 12/10/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 203 |  |  | $ | 203 |  |  | $ | 204 | 
|                       |  |  |  | Sonson Taxi Inc ##                                                   |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 202 |  |  | $ | 201 |  |  | $ | 201 | 
|                       |  |  |  | T-Bozo Trans LLC (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.25 | %                                   |  | $ | 3                    |  |  |          |  |  |           | $ | 200 |  |  | $ | 200 |  |  | $ | 200 | 
|                       |  |  |  | Anasta.S. Taxi LLC                                                   |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 200 |  |  | $ | 200 |  |  | $ | 199 | 
|                       |  |  |  | Kesh & Kelo LLC ##                                                   |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 200 |  |  | $ | 200 |  |  | $ | 199 | 
|                       |  |  |  | E H 88 Taxi Corp ##                                                  |  | Term Loan                                           |  |                 | 06/12/14 |  |              |  | 06/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 199 |  |  | $ | 199 |  |  | $ | 198 | 
|                       |  |  |  | Semsema Trans Corporation                                            |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 196 |  |  | $ | 196 |  |  | $ | 196 | 
|                       |  |  |  | Zoune Taxi #2 Inc ##                                                 |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 195 |  |  | $ | 195 |  |  | $ | 194 | 
|                       |  |  |  | Pachou LLC                                                           |  | Term Loan                                           |  |                 | 09/21/17 |  |              |  | 09/21/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 190 |  |  | $ | 190 |  |  | $ | 192 | 
|                       |  |  |  | La Belle Joulie LLC                                                  |  | Term Loan                                           |  |                 | 04/14/16 |  |              |  | 04/14/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 189 |  |  | $ | 189 |  |  | $ | 190 | 
|                       |  |  |  | Joseph And Jamar Inc                                                 |  | Term Loan                                           |  |                 | 10/24/14 |  |              |  | 10/24/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 188 |  |  | $ | 188 |  |  | $ | 188 | 
|                       |  |  |  | Dmd Taxi LLC                                                         |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 09/26/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 188 |  |  | $ | 188 |  |  | $ | 187 | 
|                       |  |  |  | Boss Carmel Taxi Inc ## &                                            |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 187 |  |  | $ | 187 |  |  | $ | 186 | 
|                       |  |  |  | Joseph And Alea LLC ##                                               |  | Term Loan                                           |  |                 | 02/23/15 |  |              |  | 02/23/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 186 |  |  | $ | 186 |  |  | $ | 186 | 
|                       |  |  |  | O.P. Taxi LLC                                                        |  | Term Loan                                           |  |                 | 10/23/14 |  |              |  | 10/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 185 |  |  | $ | 185 |  |  | $ | 185 | 
|                       |  |  |  | Joe And Princess LLC ##                                              |  | Term Loan                                           |  |                 | 10/12/17 |  |              |  | 04/12/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 182 |  |  | $ | 182 |  |  | $ | 182 | 
|                       |  |  |  | Chell 11 Corp                                                        |  | Term Loan                                           |  |                 | 07/10/14 |  |              |  | 07/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 181 |  |  | $ | 181 |  |  | $ | 181 | 
|                       |  |  |  | Jacob Joseph                                                         |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 179 |  |  | $ | 179 |  |  | $ | 178 | 
|                       |  |  |  | Erick Fleuridor                                                      |  | Term Loan                                           |  |                 | 07/19/12 |  |              |  | 06/11/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 178 |  |  | $ | 178 |  |  | $ | 177 | 
|                       |  |  |  | Briana Taxi LLC &                                                    |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 332 |  |  | $ | 332 |  |  | $ | 159 | 
|                       |  |  |  | Philippe Taxi LLC &                                                  |  | Term Loan                                           |  |                 | 10/23/14 |  |              |  | 10/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 168 |  |  | $ | 159 |  |  | $ | 159 | 
|                       |  |  |  | Hg & Zg Corporation &                                                |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 159 |  |  | $ | 159 |  |  | $ | 159 | 
|                       |  |  |  | Hg & Zg Corporation &                                                |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 159 |  |  | $ | 159 |  |  | $ | 159 | 
|                       |  |  |  | Mpaul 596 LLC &                                                      |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 198 |  |  | $ | 184 |  |  | $ | 159 | 
|                       |  |  |  | Les & Thera Transportation LLC &                                     |  | Term Loan                                           |  |                 | 07/12/13 |  |              |  | 07/12/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 222 |  |  | $ | 215 |  |  | $ | 159 | 
|                       |  |  |  | Timax 426 Inc &                                                      |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 159 |  |  | $ | 159 |  |  | $ | 159 | 
|                       |  |  |  | Airport Travel LLC &                                                 |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 309 |  |  | $ | 295 |  |  | $ | 158 | 
|                       |  |  |  | Laboule LLC &                                                        |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 223 |  |  | $ | 200 |  |  | $ | 158 | 
|                       |  |  |  | Saintilia Charles                                                    |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 176 |  |  | $ | 176 |  |  | $ | 176 | 
|                       |  |  |  | Jacob And Jasmina Inc &                                              |  | Term Loan                                           |  |                 | 10/24/14 |  |              |  | 10/24/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 164 |  |  | $ | 159 |  |  | $ | 159 | 
|                       |  |  |  | Ekny Fils-Aime ## &                                                  |  | Term Loan                                           |  |                 | 10/17/11 |  |              |  | 10/17/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 192 |  |  | $ | 192 |  |  | $ | 158 | 
|                       |  |  |  | P.C. Taxi Corp &                                                     |  | Term Loan                                           |  |                 | 06/13/13 |  |              |  | 12/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 283 |  |  | $ | 273 |  |  | $ | 158 | 
|                       |  |  |  | Chavensky Cab Inc                                                    |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 174 |  |  | $ | 174 |  |  | $ | 173 | 
|                       |  |  |  | Clermise LLC                                                         |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 173 |  |  | $ | 173 |  |  | $ | 173 | 
|                       |  |  |  | Stany Inc                                                            |  | Term Loan                                           |  |                 | 06/23/15 |  |              |  | 06/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 7.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 173 |  |  | $ | 173 |  |  | $ | 173 | 
|                       |  |  |  | M.K. Taxi Inc                                                        |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 168 |  |  | $ | 168 |  |  | $ | 167 | 
|                       |  |  |  | Daniele Taxi LLC ##                                                  |  | Term Loan                                           |  |                 | 05/15/14 |  |              |  | 05/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 162 |  |  | $ | 162 |  |  | $ | 162 | 
|                       |  |  |  | S Gladys Taxi LLC ##                                                 |  | Term Loan                                           |  |                 | 06/12/14 |  |              |  | 06/12/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 161 |  |  | $ | 161 |  |  | $ | 161 | 
|                       |  |  |  | Herve Dameus ##                                                      |  | Term Loan                                           |  |                 | 12/11/14 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 160 |  |  | $ | 160 |  |  | $ | 160 | 
|                       |  |  |  | Nadia Philemon LLC                                                   |  | Term Loan                                           |  |                 | 04/13/17 |  |              |  | 04/13/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 156 |  |  | $ | 156 |  |  | $ | 158 | 
|                       |  |  |  | Mfc Taxi Corp ##                                                     |  | Term Loan                                           |  |                 | 09/20/11 |  |              |  | 09/19/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 158 |  |  | $ | 158 |  |  | $ | 157 | 
|                       |  |  |  | Erick Fleuridor                                                      |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 146 |  |  | $ | 146 |  |  | $ | 146 | 
|                       |  |  |  | Micheline Luxeus ## &                                                |  | Term Loan                                           |  |                 | 12/13/12 |  |              |  | 12/13/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 143 |  |  | $ | 143 |  |  | $ | 143 | 
|                       |  |  |  | Cassandra & Joseph Sejour Inc                                        |  | Term Loan                                           |  |                 | 04/09/10 |  |              |  | 03/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 144 |  |  | $ | 144 |  |  | $ | 144 | 
|                       |  |  |  | Serge Previlon LLC                                                   |  | Term Loan                                           |  |                 | 08/15/13 |  |              |  | 08/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 144 |  |  | $ | 144 |  |  | $ | 144 | 
|                       |  |  |  | Just 8 Taxi #2 Inc ##                                                |  | Term Loan                                           |  |                 | 10/16/15 |  |              |  | 10/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 7.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 134 |  |  | $ | 134 |  |  | $ | 134 | 
|                       |  |  |  | A.N.T.K. LLC                                                         |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 132 |  |  | $ | 132 |  |  | $ | 132 | 
|                       |  |  |  | Evana Destin                                                         |  | Term Loan                                           |  |                 | 10/06/17 |  |              |  | 09/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 132 |  |  | $ | 132 |  |  | $ | 132 | 
|                       |  |  |  | Monise Lubintus &                                                    |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 132 |  |  | $ | 132 |  |  | $ | 131 | 
|                       |  |  |  | 534 Taxi LLC                                                         |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 131 |  |  | $ | 131 |  |  | $ | 131 | 
|                       |  |  |  | Saintvillien & Larochelle LLC                                        |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.63 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 118 |  |  | $ | 118 |  |  | $ | 118 | 
|                       |  |  |  | Charata Taxi Inc                                                     |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 115 |  |  | $ | 115 |  |  | $ | 114 | 
|                       |  |  |  | Antoines Dortin ##                                                   |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 113 |  |  | $ | 113 |  |  | $ | 113 | 
|                       |  |  |  | 424 Taxi LLC                                                         |  | Term Loan                                           |  |                 | 08/17/17 |  |              |  | 08/17/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 107 |  |  | $ | 107 |  |  | $ | 109 | 
|                       |  |  |  | Ahmad Taxi Inc                                                       |  | Term Loan                                           |  |                 | 06/09/11 |  |              |  | 06/09/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 109 |  |  | $ | 109 |  |  | $ | 108 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                       |  |  |  |                                 |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                               |  |      |                                     |  |   |                      |  |  |          |   |  |           |   |       |  |  |   |       |  |  |   |       | 
|---------------------- |  |  |  | ------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | - |  | --------- | - | ----- |  |  | - | ----- |  |  | - | ----- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                    |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | Capitalized /DeferredInterest |  |      | OriginalCost of2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |   |  | FairValue |  
|                       |  |  |  | Forward Taxi Corp               |  | Term Loan                                           |  |                 | 05/18/17 |  |              |  | 05/18/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 107   |  |  | $ | 107   |  |  | $ | 108   | 
|                       |  |  |  | Pierre Family 084 LLC           |  | Term Loan                                           |  |                 | 07/12/13 |  |              |  | 07/12/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 106   |  |  | $ | 106   |  |  | $ | 105   | 
|                       |  |  |  | Olga Morales                    |  | Term Loan                                           |  |                 | 02/18/16 |  |              |  | 02/18/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 92    |  |  | $ | 92    |  |  | $ | 93    | 
|                       |  |  |  | Yves Frantz Philemon            |  | Term Loan                                           |  |                 | 12/11/14 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 92    |  |  | $ | 92    |  |  | $ | 92    | 
|                       |  |  |  | Don Taxi Inc/Mbnk &             |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 92    |  |  | $ | 92    |  |  | $ | 92    | 
|                       |  |  |  | Mr Clean Sdam Taxi LLC          |  | Term Loan                                           |  |                 | 06/11/15 |  |              |  | 06/11/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 83    |  |  | $ | 83    |  |  | $ | 83    | 
|                       |  |  |  | Charles K Agesilas &            |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/21 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 79    |  |  | $ | 79    |  |  | $ | 79    | 
|                       |  |  |  | Alhayat Taxi Inc                |  | Term Loan                                           |  |                 | 02/14/13 |  |              |  | 02/07/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 73    |  |  | $ | 73    |  |  | $ | 72    | 
|                       |  |  |  | V And C Taxi LLC                |  | Term Loan                                           |  |                 | 05/18/17 |  |              |  | 05/18/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 70    |  |  | $ | 70    |  |  | $ | 71    | 
|                       |  |  |  | Cosmos 2 Taxi Corporation ##    |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 71    |  |  | $ | 71    |  |  | $ | 71    | 
|                       |  |  |  | Mario P Jean-Louis ## &         |  | Term Loan                                           |  |                 | 12/11/14 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 70    |  |  | $ | 70    |  |  | $ | 70    | 
|                       |  |  |  | R & Z Trans Service Inc         |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/23 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 66    |  |  | $ | 66    |  |  | $ | 67    | 
|                       |  |  |  | Pola Trans Inc ##               |  | Term Loan                                           |  |                 | 08/17/17 |  |              |  | 08/17/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 66    |  |  | $ | 66    |  |  | $ | 67    | 
|                       |  |  |  | Hercule Jean-Baptiste           |  | Term Loan                                           |  |                 | 06/13/13 |  |              |  | 06/13/22 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 67    |  |  | $ | 67    |  |  | $ | 66    | 
|                       |  |  |  | Praise The Lord Taxi Inc        |  | Term Loan                                           |  |                 | 05/14/15 |  |              |  | 05/14/25 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 63    |  |  | $ | 63    |  |  | $ | 64    | 
|                       |  |  |  | Gethsemane Inc                  |  | Term Loan                                           |  |                 | 02/20/14 |  |              |  | 02/20/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 63    |  |  | $ | 63    |  |  | $ | 64    | 
|                       |  |  |  | Gerald Jean-Louis ## &          |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 62    |  |  | $ | 62    |  |  | $ | 61    | 
|                       |  |  |  | Louibert Julien                 |  | Term Loan                                           |  |                 | 06/18/14 |  |              |  | 06/16/21 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 56    |  |  | $ | 56    |  |  | $ | 57    | 
|                       |  |  |  | 0127 Incorporated ##            |  | Term Loan                                           |  |                 | 07/19/12 |  |              |  | 07/19/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 52    |  |  | $ | 52    |  |  | $ | 52    | 
|                       |  |  |  | Ez Come Ez Go Inc               |  | Term Loan                                           |  |                 | 04/16/15 |  |              |  | 04/16/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 51    |  |  | $ | 51    |  |  | $ | 51    | 
|                       |  |  |  | Reyes Okoroagu ##               |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 39    |  |  | $ | 39    |  |  | $ | 39    | 
|                       |  |  |  | Fraline Taxi Inc ##             |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 34    |  |  | $ | 34    |  |  | $ | 35    | 
|                       |  |  |  | Farar LLC ##                    |  | Term Loan                                           |  |                 | 03/13/14 |  |              |  | 03/13/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 8     |  |  | $ | 8     |  |  | $ | 9     | 
|Boston                 |  |  |  |                                 |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 58            |  |  |                  | 2 | % |                               |  | 4.41 | %                                   |  | $ | 0                    |  |  | $        | 0 |  |           | $ | 6,692 |  |  | $ | 6,304 |  |  | $ | 6,068 | 
|                       |  |  |  | GiorgioS Cab Inc ##            |  | Term Loan                                           |  |                 | 09/04/15 |  |              |  | 08/30/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 670   |  |  | $ | 670   |  |  | $ | 670   | 
|                       |  |  |  | Arinze Trans Inc ## &           |  | Term Loan                                           |  |                 | 04/22/14 |  |              |  | 04/22/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 132   |  |  | $ | 132   |  |  | $ | 132   | 
|                       |  |  |  | Mish Inc ## &                   |  | Term Loan                                           |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 143   |  |  | $ | 132   |  |  | $ | 132   | 
|                       |  |  |  | Southside Enterprises Inc ## &  |  | Term Loan                                           |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 141   |  |  | $ | 132   |  |  | $ | 132   | 
|                       |  |  |  | Memory Cab Company Inc ## &     |  | Term Loan                                           |  |                 | 01/14/11 |  |              |  | 01/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 132   |  |  | $ | 132   |  |  | $ | 132   | 
|                       |  |  |  | Syed Cab Inc                    |  | Term Loan                                           |  |                 | 02/27/15 |  |              |  | 04/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 420   |  |  | $ | 420   |  |  | $ | 420   | 
|                       |  |  |  | Chidi Trans Inc &               |  | Term Loan                                           |  |                 | 11/17/14 |  |              |  | 03/25/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 266   |  |  | $ | 265   |  |  | $ | 266   | 
|                       |  |  |  | Louis-Jacques Family Taxi Inc & |  | Term Loan                                           |  |                 | 06/02/17 |  |              |  | 06/02/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 289   |  |  | $ | 289   |  |  | $ | 290   | 
|                       |  |  |  | Gladstone Taxi Corp Note A ## & |  | Term Loan                                           |  |                 | 10/04/17 |  |              |  | 10/05/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 292   |  |  | $ | 292   |  |  | $ | 68    | 
|                       |  |  |  | Farb Inc ## &                   |  | Term Loan                                           |  |                 | 07/26/16 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 66    |  |  | $ | 66    |  |  | $ | 68    | 
|                       |  |  |  | Benito & Roseline Cab Inc ## &  |  | Term Loan                                           |  |                 | 09/09/15 |  |              |  | 09/15/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 66    |  |  | $ | 66    |  |  | $ | 67    | 
|                       |  |  |  | Djbell Love Inc ## &            |  | Term Loan                                           |  |                 | 09/27/12 |  |              |  | 09/27/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 69    |  |  | $ | 66    |  |  | $ | 66    | 
|                       |  |  |  | God Is Able Inc ## &            |  | Term Loan                                           |  |                 | 02/11/14 |  |              |  | 02/11/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 76    |  |  | $ | 66    |  |  | $ | 66    | 
|                       |  |  |  | Good Time Cab Inc ## &          |  | Term Loan                                           |  |                 | 03/20/14 |  |              |  | 03/20/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 68    |  |  | $ | 66    |  |  | $ | 66    | 
|                       |  |  |  | Joyful Ride Inc ## &            |  | Term Loan                                           |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 70    |  |  | $ | 66    |  |  | $ | 66    | 
|                       |  |  |  | Boband Cab Inc ##               |  | Term Loan                                           |  |                 | 11/06/12 |  |              |  | 03/10/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 252   |  |  | $ | 252   |  |  | $ | 252   | 
|                       |  |  |  | Sarhad Coach Inc                |  | Term Loan                                           |  |                 | 07/23/13 |  |              |  | 05/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 222   |  |  | $ | 220   |  |  | $ | 220   | 
|                       |  |  |  | Phatricksey Cab Inc ## &        |  | Term Loan                                           |  |                 | 07/14/11 |  |              |  | 07/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 67    |  |  | $ | 66    |  |  | $ | 66    | 
|                       |  |  |  | Johnson Holdings Inc &          |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 03/25/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 210   |  |  | $ | 189   |  |  | $ | 190   | 
|                       |  |  |  | Gabriel Trans Holdings Inc &    |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 03/25/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 170   |  |  | $ | 169   |  |  | $ | 170   | 
|                       |  |  |  | Britney Cab Inc, Et Al &        |  | Term Loan                                           |  |                 | 05/18/15 |  |              |  | 06/09/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 2.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 194   |  |  | $ | 132   |  |  | $ | 133   | 
|                       |  |  |  | Arinze Trans Inc &              |  | Term Loan                                           |  |                 | 02/05/10 |  |              |  | 02/07/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 133   |  |  | $ | 132   |  |  | $ | 132   | 
|                       |  |  |  | Sasun Cab Inc &                 |  | Term Loan                                           |  |                 | 02/20/13 |  |              |  | 02/01/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 132   |  |  | $ | 132   |  |  | $ | 132   | 
|                       |  |  |  | Dabola Cab Inc ##               |  | Term Loan                                           |  |                 | 11/10/11 |  |              |  | 07/10/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 144   |  |  | $ | 144   |  |  | $ | 144   | 
|                       |  |  |  | Chiso Trans Inc &               |  | Term Loan                                           |  |                 | 11/26/13 |  |              |  | 11/07/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 123   |  |  | $ | 122   |  |  | $ | 123   | 
|                       |  |  |  | Ngozi Trans Inc. &              |  | Term Loan                                           |  |                 | 12/31/12 |  |              |  | 12/07/15 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 113   |  |  | $ | 112   |  |  | $ | 112   | 
|                       |  |  |  | Baton Moise Cab Inc &           |  | Term Loan                                           |  |                 | 04/14/14 |  |              |  | 04/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 103   |  |  | $ | 66    |  |  | $ | 68    | 
|                       |  |  |  | Ngozi Trans Inc. &              |  | Term Loan                                           |  |                 | 05/06/15 |  |              |  | 04/20/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 66    |  |  | $ | 66    |  |  | $ | 68    | 
|                       |  |  |  | Promesse Cab Inc &              |  | Term Loan                                           |  |                 | 09/28/16 |  |              |  | 09/28/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 66    |  |  | $ | 66    |  |  | $ | 68    | 
|                       |  |  |  | Amazing Grace Cab Inc &         |  | Term Loan                                           |  |                 | 02/06/14 |  |              |  | 02/06/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 90    |  |  | $ | 66    |  |  | $ | 67    | 
|                       |  |  |  | Beaudrin & Alexandra Taxi Inc & |  | Term Loan                                           |  |                 | 09/20/16 |  |              |  | 09/20/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.90 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 66    |  |  | $ | 66    |  |  | $ | 67    | 
|                       |  |  |  | S.P.B. Taxi Inc &               |  | Term Loan                                           |  |                 | 09/18/13 |  |              |  | 09/18/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 76    |  |  | $ | 66    |  |  | $ | 67    | 
|                       |  |  |  | Saint Inc &                     |  | Term Loan                                           |  |                 | 08/12/13 |  |              |  | 09/22/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 104   |  |  | $ | 66    |  |  | $ | 67    | 
|                       |  |  |  | Ser-Vil Cab Inc &               |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 03/22/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.63 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 120   |  |  | $ | 66    |  |  | $ | 67    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                                                                                                                                                                                                                          |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |  |          |               |    |   |               |  |      |                  |   |   |                               |  |       |                                     |       |   |                      |   |         |          |   |   |           |   |       |   |         |   |       |  |  |   |       | 
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  |  |  | ------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- | -- | - | ------------- |  | ---- | ---------------- | - | - | ----------------------------- |  | ----- | ----------------------------------- | ----- | - | -------------------- | - | ------- | -------- | - | - | --------- | - | ----- | - | ------- | - | ----- |  |  | - | ----- | 
|(Dollars in
thousands)                                                                                                                                                                                                    |  |  |  | Obligor Name                                                                                      |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |    |   | % ofNetAssets |  |      | InterestRate
(1) |   |   | Capitalized /DeferredInterest |  |       | OriginalCost of2018Acquisitions (5) |       |   | PrincipalOutstanding |   |         | Cost (4) |   |   | FairValue |  
|                                                                                                                                                                                                                          |  |  |  | TomorrowS Tree Inc &                                                                             |  | Term Loan                                           |  |                 | 10/08/13 |  |              |  | 10/08/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 72    |   |         | $ | 66    |  |  | $ | 67    | 
|                                                                                                                                                                                                                          |  |  |  | Jre Taxi Inc ## &                                                                                 |  | Term Loan                                           |  |                 | 07/25/14 |  |              |  | 07/25/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.70  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 66    |   |         | $ | 66    |  |  | $ | 67    | 
|                                                                                                                                                                                                                          |  |  |  | Bailey Cab Inc &                                                                                  |  | Term Loan                                           |  |                 | 11/09/12 |  |              |  | 11/17/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 66    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Eldali Transportation Inc &                                                                       |  | Term Loan                                           |  |                 | 11/09/12 |  |              |  | 11/26/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 68    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | God-Will Inc &                                                                                    |  | Term Loan                                           |  |                 | 02/11/14 |  |              |  | 02/11/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 75    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Jason Cab Inc &                                                                                   |  | Term Loan                                           |  |                 | 03/15/13 |  |              |  | 03/15/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.88  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 71    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Jv Taxi Inc &                                                                                     |  | Term Loan                                           |  |                 | 10/24/14 |  |              |  | 01/24/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 74    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Louine Cab Inc &                                                                                  |  | Term Loan                                           |  |                 | 09/29/15 |  |              |  | 09/29/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 69    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Myra Inc &                                                                                        |  | Term Loan                                           |  |                 | 08/12/13 |  |              |  | 08/12/16 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 76    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Oke Auguste Cab Inc &                                                                             |  | Term Loan                                           |  |                 | 01/31/14 |  |              |  | 01/31/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 88    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | P&P Dumerant Corp &                                                                               |  | Term Loan                                           |  |                 | 10/25/13 |  |              |  | 10/25/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 72    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Ruth Cab Inc &                                                                                    |  | Term Loan                                           |  |                 | 11/26/13 |  |              |  | 11/26/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 70    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Shemarjamalie Cab Inc &                                                                           |  | Term Loan                                           |  |                 | 02/17/12 |  |              |  | 02/17/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 6.15  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 69    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Urzal Taxi Inc &                                                                                  |  | Term Loan                                           |  |                 | 07/29/13 |  |              |  | 07/29/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 74    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | H And H Taxi Inc ## &                                                                             |  | Term Loan                                           |  |                 | 10/11/13 |  |              |  | 09/11/19 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 72    |   |         | $ | 66    |  |  | $ | 66    | 
|                                                                                                                                                                                                                          |  |  |  | Ngozi Trans Inc. &                                                                                |  | Term Loan                                           |  |                 | 12/31/12 |  |              |  | 12/31/16 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 56    |   |         | $ | 56    |  |  | $ | 56    | 
|                                                                                                                                                                                                                          |  |  |  | Stanley & Rachelle Cab Inc &                                                                      |  | Term Loan                                           |  |                 | 05/23/11 |  |              |  | 05/23/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 57    |   |         | $ | 56    |  |  | $ | 56    | 
|                                                                                                                                                                                                                          |  |  |  | Kena Cab Inc                                                                                      |  | Term Loan                                           |  |                 | 11/06/12 |  |              |  | 11/06/25 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 57    |   |         | $ | 57    |  |  | $ | 57    | 
|                                                                                                                                                                                                                          |  |  |  | Gladstone Taxi Corp Note B ## &                                                                   |  | Term Loan                                           |  |                 | 10/04/17 |  |              |  | 11/05/22 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 25    |   |         | $ | 25    |  |  | $ | 2     | 
|                                                                                                                                                                                                                          |  |  |  | Louis-Jacques Family Taxi/Nt B                                                                    |  | Term Loan                                           |  |                 | 06/02/17 |  |              |  | 06/02/22 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 21    |   |         | $ | 20    |  |  | $ | 22    | 
|                                                                                                                                                                                                                          |  |  |  | Benito & Roseline Cab Inc ##                                                                      |  | Term Loan                                           |  |                 | 09/09/15 |  |              |  | 09/09/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 18    |   |         | $ | 18    |  |  | $ | 18    | 
|                                                                                                                                                                                                                          |  |  |  | Jv Taxi Inc                                                                                       |  | Term Loan                                           |  |                 | 04/14/15 |  |              |  | 04/14/19 |               |    |   | 1             |  |      |                  | * |   |                               |  | 6.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 8     |   |         | $ | 7     |  |  | $ | 8     | 
|                                                                                                                                                                                                                          |  |  |  | Beaudrin & Alexandra Taxi Inc &                                                                   |  | Term Loan                                           |  |                 | 09/20/16 |  |              |  | 09/20/21 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 16    |   |         | $ | 16    |  |  | $ | 2     | 
|                                                                                                                                                                                                                          |  |  |  | Sunshine Cab Inc ##                                                                               |  | Term Loan                                           |  |                 | 06/12/07 |  |              |  | 06/12/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 1     |   |         | $ | 1     |  |  | $ | 1     | 
|Cambridge                                                                                                                                                                                                                 |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |  |          |               |    |   | 13            |  |      |                  | 0 | % |                               |  | 4.49  | %                                   |       | $ | 0                    |   |         | $        | 0 |   |           | $ | 354   |   |         | $ | 309   |  |  | $ | 315   | 
|                                                                                                                                                                                                                          |  |  |  | Gcf Taxi Inc &                                                                                    |  | Term Loan                                           |  |                 | 10/08/13 |  |              |  | 10/08/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 44    |   |         | $ | 44    |  |  | $ | 45    | 
|                                                                                                                                                                                                                          |  |  |  | Raad Taxi Inc ## &                                                                                |  | Term Loan                                           |  |                 | 05/30/14 |  |              |  | 05/30/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 29    |   |         | $ | 22    |  |  | $ | 24    | 
|                                                                                                                                                                                                                          |  |  |  | Hope-Lynn Cabworks Inc ## &                                                                       |  | Term Loan                                           |  |                 | 03/22/13 |  |              |  | 03/22/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 22    |   |         | $ | 22    |  |  | $ | 22    | 
|                                                                                                                                                                                                                          |  |  |  | Patrick Cab Inc And Saad Inc &                                                                    |  | Term Loan                                           |  |                 | 03/29/13 |  |              |  | 03/29/16 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.88  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 41    |   |         | $ | 22    |  |  | $ | 23    | 
|                                                                                                                                                                                                                          |  |  |  | Sam Taxi Inc &                                                                                    |  | Term Loan                                           |  |                 | 03/12/14 |  |              |  | 03/12/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 22    |   |         | $ | 22    |  |  | $ | 23    | 
|                                                                                                                                                                                                                          |  |  |  | Marcia And Everton Cab Inc &                                                                      |  | Term Loan                                           |  |                 | 12/15/15 |  |              |  | 12/15/16 |               |    |   | 1             |  |      |                  | * |   |                               |  | 3.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 25    |   |         | $ | 22    |  |  | $ | 23    | 
|                                                                                                                                                                                                                          |  |  |  | Desdunes Cab Inc &                                                                                |  | Term Loan                                           |  |                 | 09/21/12 |  |              |  | 10/21/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 21    |   |         | $ | 22    |  |  | $ | 22    | 
|                                                                                                                                                                                                                          |  |  |  | Lynn Maha Taxi Inc &                                                                              |  | Term Loan                                           |  |                 | 05/13/13 |  |              |  | 05/13/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 30    |   |         | $ | 23    |  |  | $ | 23    | 
|                                                                                                                                                                                                                          |  |  |  | Mgf Taxi Inc &                                                                                    |  | Term Loan                                           |  |                 | 05/06/11 |  |              |  | 05/06/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 22    |   |         | $ | 22    |  |  | $ | 22    | 
|                                                                                                                                                                                                                          |  |  |  | Walger Inc &                                                                                      |  | Term Loan                                           |  |                 | 01/26/12 |  |              |  | 01/26/20 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 32    |   |         | $ | 22    |  |  | $ | 22    | 
|                                                                                                                                                                                                                          |  |  |  | Drumman Trans Inc &                                                                               |  | Term Loan                                           |  |                 | 12/07/12 |  |              |  | 12/07/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 22    |   |         | $ | 22    |  |  | $ | 22    | 
|                                                                                                                                                                                                                          |  |  |  | Eureka Cab Inc &                                                                                  |  | Term Loan                                           |  |                 | 07/01/14 |  |              |  | 07/01/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 22    |   |         | $ | 22    |  |  | $ | 22    | 
|                                                                                                                                                                                                                          |  |  |  | Taxi Technology Inc ## &                                                                          |  | Term Loan                                           |  |                 | 12/11/13 |  |              |  | 12/29/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 22    |   |         | $ | 22    |  |  | $ | 22    | 
|Other                                                                                                                                                                                                                     |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |  |          |               |    |   | 8             |  |      |                  | 0 | % |                               |  | 7.93  | %                                   |       | $ | 0                    |   |         | $        | 0 |   |           | $ | 442   |   |         | $ | 421   |  |  | $ | 425   | 
|                                                                                                                                                                                                                          |  |  |  | Alexandrite Taxi LLC &                                                                            |  | Term Loan                                           |  |                 | 07/30/15 |  |              |  | 07/30/20 |               |    |   | 1             |  |      |                  | * |   |                               |  | 9.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 134   |   |         | $ | 134   |  |  | $ | 135   | 
|                                                                                                                                                                                                                          |  |  |  | Chametz Taxi LLC &                                                                                |  | Term Loan                                           |  |                 | 07/30/15 |  |              |  | 07/30/20 |               |    |   | 1             |  |      |                  | * |   |                               |  | 9.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 90    |   |         | $ | 89    |  |  | $ | 90    | 
|                                                                                                                                                                                                                          |  |  |  | Tjp Inc ## &                                                                                      |  | Term Loan                                           |  |                 | 01/03/14 |  |              |  | 01/03/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 4.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 52    |   |         | $ | 52    |  |  | $ | 52    | 
|                                                                                                                                                                                                                          |  |  |  | Hantin Trans/Aventura Taxi &                                                                      |  | Term Loan                                           |  |                 | 06/16/10 |  |              |  | 06/16/17 |               |    |   | 1             |  |      |                  | * |   |                               |  | 8.25  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 47    |   |         | $ | 47    |  |  | $ | 47    | 
|                                                                                                                                                                                                                          |  |  |  | Wiljean Marcelin &                                                                                |  | Term Loan                                           |  |                 | 08/21/13 |  |              |  | 09/01/23 |               |    |   | 1             |  |      |                  | * |   |                               |  | 6.75  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 40    |   |         | $ | 34    |  |  | $ | 36    | 
|                                                                                                                                                                                                                          |  |  |  | Jean C Mathurin/Norcal &                                                                          |  | Term Loan                                           |  |                 | 01/15/13 |  |              |  | 02/01/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 8.50  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 47    |   |         | $ | 34    |  |  | $ | 34    | 
|                                                                                                                                                                                                                          |  |  |  | Zelalem S. Alemu &                                                                                |  | Term Loan                                           |  |                 | 04/28/08 |  |              |  | 04/28/18 |               |    |   | 1             |  |      |                  | * |   |                               |  | 5.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 26    |   |         | $ | 25    |  |  | $ | 25    | 
|                                                                                                                                                                                                                          |  |  |  | Elysse Corporation                                                                                |  | Term Loan                                           |  |                 | 09/10/10 |  |              |  | 11/01/19 |               |    |   | 1             |  |      |                  | * |   |                               |  | 9.00  | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 6     |   |         | $ | 6     |  |  | $ | 6     | 
|                                                                                                                                                                                                                          |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |  |          |               |    |   |               |  |      |                  |   |   |                               |  |       |                                     |       |   |                      |   |         |          |   |   |           |   |       |   |         |   |       |  |  |   |       | 
|Total medallion loans ($152,106 pledged as collateral under borrowing arrangements)2                                                                                                                                      |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  | 630          |  |          |               | 61 | % |               |  | 4.50 | %                |   | $ | 1,923                         |  |       | $                                   | 6,892 |   |                      | $ | 187,852 |          |   | $ | 184,729   |   |       | $ | 161,155 |  
|                                                                                                                                                                                                                          |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |  |          |               |    |   |               |  |      |                  |   |   |                               |  |       |                                     |       |   |                      |   |         |          |   |   |           |   |       |   |         |   |       |  |  |   |       | 
|Commercial Loans                                                                                                                                                                                                          |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |  |          |               |    |   |               |  |      |                  |   |   |                               |  |       |                                     |       |   |                      |   |         |          |   |   |           |   |       |   |         |   |       | 
|Secured mezzanine Secured mezzanine (21% North Carolina, 16% Minnesota, 9% Kansas, 6% Delaware, 5%
California, 5% Texas, 5% Oklahoma, 5% Ohio, 4% Oregon, 4% North Dakota, 4% Pennsylvania, and 16% all other states) (2) | 
|Manufacturing (39% of the total)                                                                                                                                                                                          |  |  |  | Innovative Metal, Inc. dba Southwest Data Products (interest rate includes PIK interest of 2.00%) |  | Term Loan                                           |  |                 | 04/06/17 |  |              |  | 04/06/24 |               |    |   | 1             |  |      |                  | 2 | % |                               |  | 14.00 | %                                   |       | $ | 0                    |   |         |          |   |   |           | $ | 5,000 |   |         | $ | 5,000 |  |  | $ | 4,980 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018





|                                                                    |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                               |  |       |                                      |  |   |                      |  |  |          |       |  |           |   |        |  |  |   |        |  |  |   |        | 
|------------------------------------------------------------------- |  | - |  | ---------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | -- | - | ----------------------------- |  | ----- | ------------------------------------ |  | - | -------------------- |  |  | -------- | ----- |  | --------- | - | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in
thousands)                                              |  |   |  | Obligor Name                                                                             |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |    |   | Capitalized/ DeferredInterest |  |       | OriginalCost of
2018Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |       |  | FairValue |  
|                                                                    |  |   |  | 3P Acquisition Inc. (interest rate includes PIK interest of 1.00%)                       |  | Term Loan                                           |  |                 | 03/26/18 |  |              |  | 09/26/23 |               |  |  | 1             |  |  |                  | 2  | % |                               |  | 13.00 | %                                    |  | $ | 1                    |  |  | $        | 4,500 |  |           | $ | 4,501  |  |  | $ | 4,501  |  |  | $ | 4,501  | 
|                                                                    |  |   |  | Stride Tool Holdings, LLC (interest rate includes PIK interest of 3.00%)                 |  | Term Loan                                           |  |                 | 04/05/16 |  |              |  | 04/05/21 |               |  |  | 1             |  |  |                  | 2  | % |                               |  | 15.00 | %                                    |  | $ | 249                  |  |  |          |       |  |           | $ | 4,248  |  |  | $ | 4,248  |  |  | $ | 4,213  | 
|                                                                    |  |   |  | AA Plush Holdings, LLC (interest rate includes PIK interest of 6.00%)                    |  | Term Loan                                           |  |                 | 08/15/14 |  |              |  | 08/15/19 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 14.00 | %                                    |  | $ | 448                  |  |  |          |       |  |           | $ | 3,448  |  |  | $ | 3,448  |  |  | $ | 3,444  | 
|                                                                    |  |   |  | Pinnacle Products International, Inc. (interest rate includes PIK interest of 2.00%)     |  | Term Loan                                           |  |                 | 10/09/15 |  |              |  | 03/22/22 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 14.00 | %                                    |  | $ | 468                  |  |  |          |       |  |           | $ | 3,268  |  |  | $ | 3,268  |  |  | $ | 3,268  | 
|                                                                    |  |   |  | Liberty Paper Products Acquisition, LLC (interest rate includes PIK interest of 2.00%)   |  | Term Loan                                           |  |                 | 06/09/16 |  |              |  | 06/09/21 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 14.00 | %                                    |  | $ | 117                  |  |  |          |       |  |           | $ | 3,112  |  |  | $ | 3,112  |  |  | $ | 3,112  | 
|                                                                    |  |   |  | EMI Porta Opco, LLC (interest rate includes PIK interest of 1.00%)                       |  | Term Loan                                           |  |                 | 12/11/17 |  |              |  | 03/11/23 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 13.00 | %                                    |  | $ | 9                    |  |  |          |       |  |           | $ | 3,009  |  |  | $ | 3,009  |  |  | $ | 3,008  | 
|                                                                    |  |   |  | BB Opco, LLC d/b/a BreathableBaby, LLC (interest rate includes PIK interest of 3.00%)    |  | Term Loan                                           |  |                 | 08/01/14 |  |              |  | 08/01/19 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 15.00 | %                                    |  | $ | 239                  |  |  |          |       |  |           | $ | 2,739  |  |  | $ | 2,739  |  |  | $ | 2,739  | 
|                                                                    |  |   |  | Tri-Tech Forensics, Inc. (interest rate includes PIK interest of 2.00%)                  |  | Term Loan                                           |  |                 | 06/15/17 |  |              |  | 06/15/22 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 14.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 2,000  |  |  | $ | 2,000  |  |  | $ | 2,000  | 
|                                                                    |  |   |  | American Cylinder, Inc. d/b/a All Safe (interest rate includes PIK interest of 7.00%)    |  | Term Loan                                           |  |                 | 07/03/13 |  |              |  | 09/30/18 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 19.00 | %                                    |  | $ | 313                  |  |  |          |       |  |           | $ | 1,813  |  |  | $ | 1,813  |  |  | $ | 1,813  | 
|                                                                    |  |   |  | Orchard Holdings, Inc. &                                                                 |  | Term Loan                                           |  |                 | 03/10/99 |  |              |  | 03/31/10 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 13.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 1,390  |  |  | $ | 1,390  |  |  | $ | 1,390  | 
|                                                                    |  |   |  | Filter Holdings, Inc. (interest rate includes PIK interest of 2.00%)                     |  | Term Loan                                           |  |                 | 05/05/17 |  |              |  | 05/05/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 14.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 1,250  |  |  | $ | 1,250  |  |  | $ | 1,250  | 
|                                                                    |  |   |  | Quaker Bakery Brands, Inc.                                                               |  | Term Loan                                           |  |                 | 03/28/17 |  |              |  | 03/31/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 10.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 200    |  |  | $ | 200    |  |  | $ | 200    | 
|Arts, Entertainment, and Recreation (18% of the total)              |  |   |  | RPAC Racing, LLC & (interest rate includes PIK interest of 2.00%)                        |  | Term Loan                                           |  |                 | 11/27/17 |  |              |  | 03/31/20 |               |  |  | 1             |  |  |                  | 3  | % |                               |  | 2.00  | %                                    |  | $ | 15                   |  |  |          |       |  |           | $ | 7,868  |  |  | $ | 7,827  |  |  | $ | 7,828  | 
|                                                                    |  |   |  | RPAC Racing, LLC & (interest rate includes PIK interest of 2.00%)                        |  | Term Loan                                           |  |                 | 11/19/10 |  |              |  | 03/30/20 |               |  |  | 1             |  |  |                  | 2  | % |                               |  | 2.00  | %                                    |  | $ | 2,572                |  |  |          |       |  |           | $ | 5,611  |  |  | $ | 5,611  |  |  | $ | 5,611  | 
|                                                                    |  |   |  | RPAC Racing, LLC & (interest rate includes PIK interest of 2.00%)                        |  | Term Loan                                           |  |                 | 06/22/16 |  |              |  | 03/31/20 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 2.00  | %                                    |  | $ | 278                  |  |  |          |       |  |           | $ | 2,278  |  |  | $ | 2,034  |  |  | $ | 2,034  | 
|                                                                    |  |   |  | RPAC Racing, LLC & (interest rate includes PIK interest of 2.00%)                        |  | Term Loan                                           |  |                 | 09/14/16 |  |              |  | 03/31/20 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.00  | %                                    |  | $ | 120                  |  |  |          |       |  |           | $ | 1,120  |  |  | $ | 1,000  |  |  | $ | 1,000  | 
|Professional, Scientific, and Technical Services (16% of the total) |  |   |  | Weather Decision Technologies, Inc. (interest rate includes PIK interest of 9.00%)       |  | Term Loan                                           |  |                 | 12/11/15 |  |              |  | 12/11/20 |               |  |  | 1             |  |  |                  | 2  | % |                               |  | 18.00 | %                                    |  | $ | 817                  |  |  |          |       |  |           | $ | 4,317  |  |  | $ | 4,317  |  |  | $ | 4,310  | 
|                                                                    |  |   |  | Weather Decision Technologies, Inc. (interest rate includes PIK interest of 7.00%)       |  | Term Loan                                           |  |                 | 11/08/17 |  |              |  | 06/30/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 14.00 | %                                    |  | $ | 9                    |  |  |          |       |  |           | $ | 384    |  |  | $ | 384    |  |  | $ | 384    | 
|                                                                    |  |   |  | ADSCO Opco, LLC (interest rate includes PIK interest of 2.00%)                           |  | Term Loan                                           |  |                 | 10/25/16 |  |              |  | 10/25/21 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 13.00 | %                                    |  | $ | 106                  |  |  |          |       |  |           | $ | 3,706  |  |  | $ | 3,706  |  |  | $ | 3,697  | 
|                                                                    |  |   |  | Northern Technologies, LLC (interest rate includes PIK interest of 1.00%)                |  | Term Loan                                           |  |                 | 01/29/16 |  |              |  | 01/29/23 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 13.00 | %                                    |  | $ | 79                   |  |  |          |       |  |           | $ | 3,679  |  |  | $ | 3,679  |  |  | $ | 3,678  | 
|                                                                    |  | + |  | Portu-Sunberg Marketing LLC                                                              |  | Term Loan                                           |  |                 | 10/21/16 |  |              |  | 02/21/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 12.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 1,250  |  |  | $ | 1,250  |  |  | $ | 1,245  | 
|                                                                    |  | + |  | DPIS Engineering, LLC                                                                    |  | Term Loan                                           |  |                 | 12/01/14 |  |              |  | 04/02/23 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 12.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 1,000  |  |  | $ | 1,000  |  |  | $ | 998    | 
|                                                                    |  |   |  | J.R. Thompson Company LLC (interest rate includes PIK interest of 2.00%)                 |  | Term Loan                                           |  |                 | 05/21/15 |  |              |  | 05/21/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 14.00 | %                                    |  | $ | 16                   |  |  |          |       |  |           | $ | 871    |  |  | $ | 871    |  |  | $ | 871    | 
|Information (9% of the total)                                       |  |   |  | US Internet Corp.                                                                        |  | Term Loan                                           |  |                 | 03/14/17 |  |              |  | 03/14/22 |               |  |  | 1             |  |  |                  | 2  | % |                               |  | 14.50 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 4,075  |  |  | $ | 4,075  |  |  | $ | 4,063  | 
|                                                                    |  |   |  | US Internet Corp. (interest rate includes PIK interest of 17.00%)                        |  | Term Loan                                           |  |                 | 03/14/17 |  |              |  | 03/14/22 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 19.00 | %                                    |  | $ | 217                  |  |  |          |       |  |           | $ | 1,717  |  |  | $ | 1,717  |  |  | $ | 1,717  | 
|                                                                    |  |   |  | Centare Holdings, Inc.                                                                   |  | Term Loan                                           |  |                 | 08/30/13 |  |              |  | 08/30/18 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 14.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 2,500  |  |  | $ | 2,500  |  |  | $ | 2,498  | 
|Wholesale Trade (6% of the total)                                   |  | + |  | Classic Brands, LLC                                                                      |  | Term Loan                                           |  |                 | 01/08/16 |  |              |  | 04/30/23 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 12.00 | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 2,880  |  |  | $ | 2,880  |  |  | $ | 2,880  | 
|                                                                    |  |   |  | Harrells Car Wash Systems, Inc. (interest rate includes PIK interest of 3.00%)          |  | Term Loan                                           |  |                 | 07/03/17 |  |              |  | 09/03/22 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 15.00 | %                                    |  | $ | 51                   |  |  |          |       |  |           | $ | 2,551  |  |  | $ | 2,551  |  |  | $ | 2,548  | 
|Mining, Quarrying, and Oil and Gas Extraction (4% of the total)     |  |   |  | Green Diamond Performance Materials, Inc. (interest rate includes PIK interest of 4.50%) |  | Term Loan                                           |  |                 | 09/08/17 |  |              |  | 09/08/24 |               |  |  | 1             |  |  |                  | 2  | % |                               |  | 16.50 | %                                    |  | $ | 103                  |  |  |          |       |  |           | $ | 4,102  |  |  | $ | 4,102  |  |  | $ | 4,102  | 
|Transportation and Warehousing (4% of the total)                    |  |   |  | LLL Transport, Inc. (interest rate includes PIK interest of 3.00%)                       |  | Term Loan                                           |  |                 | 10/23/15 |  |              |  | 04/23/21 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 15.00 | %                                    |  | $ | 439                  |  |  |          |       |  |           | $ | 3,944  |  |  | $ | 3,944  |  |  | $ | 3,942  | 
|Health Care and Social Assistance (2% of the total)                 |  |   |  | Emes Professional Associates, Inc.                                                       |  | Term Loan                                           |  |                 | 01/26/18 |  |              |  | 07/26/23 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 12.00 | %                                    |  | $ | 0                    |  |  | $        | 1,700 |  |           | $ | 1,700  |  |  | $ | 1,700  |  |  | $ | 1,700  | 
|Construction (2% of the total)                                      |  |   |  | Highland Crossing-M, LLC                                                                 |  | Term Loan                                           |  |                 | 01/07/15 |  |              |  | 02/01/25 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 11.50 | %                                    |  |   |                      |  |  |          |       |  |           | $ | 1,443  |  |  | $ | 1,443  |  |  | $ | 1,442  | 
|Accommodation and Food Services (0% of the total)                   |  |   |  | Javier & David Restaurant Corp.                                                          |  | Term Loan                                           |  |                 | 11/05/10 |  |              |  | 11/05/20 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 9.25  | %                                    |  | $ | 0                    |  |  |          |       |  |           | $ | 213    |  |  | $ | 213    |  |  | $ | 213    | 
|                                                                    |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                               |  |       |                                      |  |   |                      |  |  |          |       |  |           |   |        |  |  |   |        |  |  |   |        | 
|Total secured mezzanine (2)                                         |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 34            |  |  |                  | 35 | % |                               |  | 12.14 | %                                    |  | $ | 6,666                |  |  | $        | 6,200 |  |           | $ | 93,187 |  |  | $ | 92,782 |  |  | $ | 92,679 | 
|                                                                    |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                               |  |       |                                      |  |   |                      |  |  |          |       |  |           |   |        |  |  |   |        |  |  |   |        | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018





|                                                                                                 |  |  |  |                                  |  |                                                     |  |                 |          |  |              |      |                                   |               |    |      |               |  |       |                  |     |   |                               |   |       |                                      |       |         |                      |   |        |          |  |   |           |     |     |   |        |   |         |  |  |   |         | 
|------------------------------------------------------------------------------------------------ |  |  |  | -------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ | ---- | --------------------------------- | ------------- | -- | ---- | ------------- |  | ----- | ---------------- | --- | - | ----------------------------- | - | ----- | ------------------------------------ | ----- | ------- | -------------------- | - | ------ | -------- |  | - | --------- | --- | --- | - | ------ | - | ------- |  |  | - | ------- | 
|(Dollars in
thousands)                                                                           |  |  |  | Obligor Name                     |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |      |                                   | No. ofInvest. |    |      | % ofNetAssets |  |       | InterestRate
(1) |     |   | Capitalized/ DeferredInterest |   |       | OriginalCost of
2018Acquisitions (5) |       |         | PrincipalOutstanding |   |        | Cost (4) |  |   | FairValue |    
|Other secured commercial (85% New Jersey, 8% Illinois, 6% Massachusetts and 1% all other
states) | 
|Retail Trade (58% of the total)                                                                  |  |  |  | La Conga Food Market Inc         |  | Term Loan                                           |  |                 | 12/23/15 |  |              |      | 12/09/18                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 7.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 496 |   |        | $ | 496     |  |  | $ | 496     | 
|                                                                                                 |  |  |  | Anthony Supermarket LLC          |  | Term Loan                                           |  |                 | 04/02/13 |  |              |      | 07/02/18                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 9.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 42  |   |        | $ | 42      |  |  | $ | 42      | 
|                                                                                                 |  |  |  | Moderne Barn Wines&Spirits Inc   |  | Term Loan                                           |  |                 | 05/09/13 |  |              |      | 05/09/18                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 4.75  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 7   |   |        | $ | 7       |  |  | $ | 7       | 
|                                                                                                 |  |  |  | Drr Enterprises LLC &            |  | Term Loan                                           |  |                 | 10/28/08 |  |              |      | 10/17/18                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 10.50 | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 80  |   |        | $ | 60      |  |  | $ | 0       | 
|                                                                                                 |  |  |  | Don Marto Minimarket Corp &      |  | Term Loan                                           |  |                 | 03/03/15 |  |              |      | 03/03/20                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 9.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 135 |   |        | $ | 112     |  |  | $ | 0       | 
|Accommodation and Food Services (28% of the total)                                               |  |  |  | El Tropico Family Rest Ii LLC &  |  | Term Loan                                           |  |                 | 11/29/05 |  |              |      | 04/18/17                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 6.75  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 271 |   |        | $ | 224     |  |  | $ | 149     | 
|                                                                                                 |  |  |  | Bistro Caterers Corporation      |  | Term Loan                                           |  |                 | 07/25/13 |  |              |      | 07/25/18                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 9.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 116 |   |        | $ | 116     |  |  | $ | 116     | 
|                                                                                                 |  |  |  | El Mangu Sabroso Restaurant In & |  | Term Loan                                           |  |                 | 06/06/14 |  |              |      | 09/06/19                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 9.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 247 |   |        | $ | 238     |  |  | $ | 0       | 
|Transportation and Warehousing (8% of the total)                                                 |  |  |  | Tehran Properties Inc &          |  | Term Loan                                           |  |                 | 03/17/15 |  |              |      | 09/10/18                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 4.25  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 75  |   |        | $ | 74      |  |  | $ | 75      | 
|Real Estate and Rental and Leasing (6% of the total)                                             |  |  |  | Jude Odimegwu Et al &            |  | Term Loan                                           |  |                 | 03/31/15 |  |              |      | 03/31/20                          |               |    |      | 1             |  |       |                  | *   |   |                               |   | 5.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           | $   | 69  |   |        | $ | 65      |  |  | $ | 56      | 
|                                                                                                 |  |  |  |                                  |  |                                                     |  |                 |          |  |              |      |                                   |               |    |      |               |  |       |                  |     |   |                               |   |       |                                      |       |         |                      |   |        |          |  |   |           |     |     |   |        |   |         |  |  |   |         | 
|Total Other Commercial Loans (2)                                                                 |  |  |  |                                  |  |                                                     |  | 10              |          |  |              | 0    | %                                 |               |    | 7.37 | %             |  | $     | 0                |     |   | $                             | 0 |       |                                      | $     | 1,538   |                      |   | $      | 1,434    |  |   | $         | 941 |    
|                                                                                                 |  |  |  |                                  |  |                                                     |  |                 |          |  |              |      |                                   |               |    |      |               |  |       |                  |     |   |                               |   |       |                                      |       |         |                      |   |        |          |  |   |           |     |     |   |        |   |         |  |  |   |         | 
|Total commercial loans(2)                                                                        |  |  |  |                                  |  |                                                     |  |                 |          |  | 44           |      |                                   |               | 35 | %    |               |  | 12.07 | %                |     | $ | 6,666                         |   |       | $                                    | 6,200 |         |                      | $ | 94,725 |          |  | $ | 94,216    |     |     | $ | 93,620 |  
|                                                                                                 |  |  |  |                                  |  |                                                     |  |                 |          |  |              |      |                                   |               |    |      |               |  |       |                  |     |   |                               |   |       |                                      |       |         |                      |   |        |          |  |   |           |     |     |   |        |   |         |  |  |   |         | 
|Investment in Medallion Bank and other controlled subsidiaries                                   | 
|Commercial Banking                                                                               |  |  |  | Medallion Bank **                |  | 100% of common stock                                |  |                 | 05/16/02 |  |              |      | None                              |               |    |      | 1             |  |       |                  | 121 | % |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 128,052 |  |  | $ | 320,143 | 
|NASCAR Race Team                                                                                 |  |  |  | Medallion MotorSports, LLC       |  | 75% of LLC units                                    |  |                 | 11/24/10 |  |              |      | None                              |               |    |      | 1             |  |       |                  | 2   | % |                               |   | 42.40 | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 2,820   |  |  | $ | 4,620   | 
|Art Dealer                                                                                       |  |  |  | Medallion Fine Art, Inc.         |  | 100% of common stock                                |  |                 | 12/03/12 |  |              |      | None                              |               |    |      | 1             |  |       |                  | 1   | % |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 1,866   |  |  | $ | 3,440   | 
|Loan Servicing                                                                                   |  |  |  | Medallion Servicing Corp.        |  | 100% of common stock                                |  |                 | 11/05/10 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 394     |  |  | $ | 394     | 
|Professional Sports Team                                                                         |  |  |  | LAX Group LLC                    |  | 44.97% of membership interests                      |  |                 | 05/23/12 |  |              |      | None                              |               |    |      | 1             |  |       |                  | 1   | % |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 322     |  |  | $ | 2,572   | 
|Media                                                                                            |  |  |  | Medallion Taxi Media, Inc.       |  | 100% of common stock                                |  |                 | 01/01/17 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 0       |  |  | $ | 0       | 
|                                                                                                 |  |  |  |                                  |  |                                                     |  |                 |          |  |              |      |                                   |               |    |      |               |  |       |                  |     |   |                               |   |       |                                      |       |         |                      |   |        |          |  |   |           |     |     |   |        |   |         |  |  |   |         | 
|Investment in Medallion Bank and other controlled subsidiaries, net                              |  |  |  | 6                                |  |                                                     |  | 125             | %        |  |              | 0.90 | %                                 |               | $  | 0    |               |  | $     | 0                |     |   | $                             | 0 |       |                                      | $     | 133,454 |                      |   | $      | 331,169  | 
|                                                                                                 |  |  |  |                                  |  |                                                     |  |                 |          |  |              |      |                                   |               |    |      |               |  |       |                  |     |   |                               |   |       |                                      |       |         |                      |   |        |          |  |   |           |     |     |   |        |   |         |  |  |   |         | 
|Equity investments                                                                               |  |  |  |                                  |  |                                                     |  |                 |          |  |              |      |                                   |               |    |      |               |  |       |                  |     |   |                               |   |       |                                      |       |         |                      |   |        |          |  |   |           |     |     |   |        |   |         |  |  |   |         | 
|Commercial Finance                                                                               |  |  |  | Convergent Capital, Ltd **       |  | 7% of limited partnership interest                  |  |                 | 07/20/07 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 733     |  |  | $ | 456     | 
|NASCAR Race Team                                                                                 |  |  |  | Rpac Racing LLC                  |  | 1,000 shares of Series D                            |  |                 | 08/25/15 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 0       |  |  | $ | 1,195   | 
|Loan Servicing                                                                                   |  |  |  | Upgrade, Inc.                    |  | 666,668 shares of Series A-1 preferred stock        |  |                 | 09/30/16 |  |              |      | None                              |               |    |      | 1             |  |       |                  | 1   | % |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 250     |  |  | $ | 1,455   | 
|Advertising Services                                                                             |  |  |  | ADSCO Holdco, LLC                |  | 7.7% Class A Series A-2 Units                       |  |                 | 10/25/16 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 400     |  |  | $ | 400     | 
|Baby Sleep Products                                                                              |  |  |  | VisioCap BB Acquisition, LLC     |  | 3.6% Class A-2 Units                                |  |                 | 08/01/14 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 250     |  |  | $ | 250     | 
|Car Wash Equipment Manufacturer                                                                  |  |  |  | Harrells Car Wash Systems, Inc. |  | 0.9% Common Stock                                   |  |                 | 07/03/17 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 104     |  |  | $ | 104     | 
|Elevator Parts Manufacturer                                                                      |  |  |  | EMI Porta HoldCo, LLC            |  | 3.6% Series A-2 Preferred Units                     |  |                 | 12/11/17 |  |              |      | None                              |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 500     |  |  | $ | 500     | 
|Engineering Design Services                                                                      |  |  |  | DPI Acquisition, LLC             |  | Warrant for 180,000 Class C units                   |  |                 | 12/01/14 |  |              |      | 5thanniversaryof note paidin full |               |    |      | 1             |  |       |                  | *   |   |                               |   | 0.00  | %                                    |       | $       | 0                    |   |        |          |  |   |           |     |     |   |        | $ | 0       |  |  | $ | 0       | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018





|                                                                                 |  |   |  |                                         |  |                                                              |  |                 |                             |  |              |      |          |               |   |       |               |  |   |                  |   |  |                               |         |      |                                      |   |         |                      |  |   |          |     |  |           |  |  |  |  |   |     |  |  |   |     | 
|-------------------------------------------------------------------------------- |  | - |  | --------------------------------------- |  | ------------------------------------------------------------ |  | --------------- | --------------------------- |  | ------------ | ---- | -------- | ------------- | - | ----- | ------------- |  | - | ---------------- | - |  | ----------------------------- | ------- | ---- | ------------------------------------ | - | ------- | -------------------- |  | - | -------- | --- |  | --------- |  |  |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands)                                                           |  |   |  | Obligor Name                            |  | Security Type(all restricted unlessotherwise
noted)          |  | AcquisitionDate |                             |  | MaturityDate |      |          | No. ofInvest. |   |       | % ofNetAssets |  |   | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |         |      | OriginalCost of
2018Acquisitions (5) |   |         | PrincipalOutstanding |  |   | Cost (4) |     |  | FairValue | 
|Environmental Consulting Services                                                |  |   |  | NTI Investment Group, LLC               |  | 8.3% Class A-1 Units                                         |  |                 | 01/29/2016,12/5/16 &6/12/17 |  |              |      | None     |               |   |       | 3             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 408 |  |  | $ | 408 | 
|Food Manufacturer                                                                |  |   |  | PACA Foods, LLC                         |  | Warrant for 10% of Outstanding Convertible Preferred Shares  |  |                 | 12/31/10                    |  |              |      | 02/17/20 |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 0   |  |  | $ | 0   | 
|Forensic Supplies                                                                |  |   |  | TTFI Holdings, Inc.                     |  | 4.9% Fully Diluted, 4.9% Common Stock; 5.0% Preferred Stock  |  |                 | 06/15/17                    |  |              |      | None     |               |   |       | 2             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 192 |  |  | $ | 192 | 
|Hand Tool Manufacturer                                                           |  |   |  | Stride Tool Holdings, LLC               |  | 7.1% of LLC units                                            |  |                 | 04/05/16                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 500 |  |  | $ | 500 | 
|Industrial Filters Manufacturer                                                  |  |   |  | Filter Holdings, Inc.                   |  | 7.1% Fully Diluted, 7.1% Preferred Stock, 7.1% Common Stock  |  |                 | 05/05/17                    |  |              |      | None     |               |   |       | 2             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 207 |  |  | $ | 207 | 
|Investment Castings                                                              |  |   |  | Tech Cast Holdings, LLC                 |  | 4.1% Series A-2 Common Units                                 |  |                 | 12/12/14                    |  |              |      | 12/12/19 |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 300 |  |  | $ | 300 | 
|IT Services                                                                      |  |   |  | Centare Holdings, Inc.                  |  | 11.1% Fully Diluted, 3.9% Preferred Stock, 7.2% Common Stock |  |                 | 08/30/13                    |  |              |      | None     |               |   |       | 2             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 104 |  |  | $ | 104 | 
|Machinery Manufacturer                                                           |  | + |  | Reel Power International, Inc.          |  | 2.7% Common Stock                                            |  |                 | 08/04/08                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 318 |  |  | $ | 318 | 
|Marketing Services                                                               |  |   |  | Third Century JRT, Inc.                 |  | 20% Common Stock                                             |  |                 | 05/21/15                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 200 |  |  | $ | 200 | 
|                                                                                 |  |   |  | Portu-Sunberg Marketing LLC             |  | 0.9% LLC units                                               |  |                 | 10/19/16                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 50  |  |  | $ | 50  | 
|                                                                                 |  |   |  | Portu-Sunberg Marketing LLC             |  | Warrant for 195,000 Class E Units                            |  |                 | 12/31/12                    |  |              |      | 07/24/20 |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 0   |  |  | $ | 0   | 
|Metal finishing Services                                                         |  |   |  | 3P Acquisition Inc.                     |  | 5.0% Common Stock                                            |  |                 | 03/26/18                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   | $        | 500 |  |           |  |  |  |  | $ | 500 |  |  | $ | 500 | 
|Paper Tapes Manufacturer                                                         |  |   |  | Liberty Paper Products Acquisition, LLC |  | 12% Series A-2 Preferred Units                               |  |                 | 06/09/16                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 534 |  |  | $ | 534 | 
|Pathology Laboratory                                                             |  |   |  | Emes Professional Associates, Inc.      |  | 1.7% Preferred Stock, 3.5% Common Stock                      |  |                 | 01/26/18                    |  |              |      | None     |               |   |       | 2             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   | $        | 250 |  |           |  |  |  |  | $ | 250 |  |  | $ | 250 | 
|Sheet Metal Manufacturer                                                         |  |   |  | SWDP Acquisition Co., LLC               |  | 10% Common Units                                             |  |                 | 04/06/17                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 400 |  |  | $ | 400 | 
|Shelving Manufacturer                                                            |  |   |  | Storflex Holdings, Inc.                 |  | Warrant for 1,780 shares of Common Stock                     |  |                 | 07/17/12                    |  |              |      | 02/05/23 |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 0   |  |  | $ | 0   | 
|Space Heater Manufacturer                                                        |  |   |  | Pinnacle Investment Corp.               |  | 0.6% Common Stock                                            |  |                 | 10/09/15                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 135 |  |  | $ | 135 | 
|Specialty Sand Products                                                          |  |   |  | Green Diamond HoldCo, Inc.              |  | 4.3% Series A Preferred Stock                                |  |                 | 09/08/17                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 200 |  |  | $ | 200 | 
|Stuffed Toy Manufacturer                                                         |  |   |  | AA Plush Holdings, LLC                  |  | 4.0% Series A-2 Units                                        |  |                 | 08/15/14                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 300 |  |  | $ | 300 | 
|Weather Forecasting Services                                                     |  |   |  | Weather Decision Technologies, Inc.     |  | 2.2% Preferred Stock                                         |  |                 | 12/11/15                    |  |              |      | None     |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 500 |  |  | $ | 500 | 
|Wholesale Hobbyists Supplies                                                    |  |   |  | Classic Brands, LLC                     |  | Warrant for 300,000 Class A units                            |  |                 | 01/08/16                    |  |              |      | 01/08/26 |               |   |       | 1             |  |   |                  | * |  |                               |         | 0.00 | %                                    |   | $       | 0                    |  |   |          |     |  |           |  |  |  |  | $ | 0   |  |  | $ | 0   | 
|                                                                                 |  |   |  |                                         |  |                                                              |  |                 |                             |  |              |      |          |               |   |       |               |  |   |                  |   |  |                               |         |      |                                      |   |         |                      |  |   |          |     |  |           |  |  |  |  |   |     |  |  |   |     | 
|Equity investments, net                                                          |  |   |  | 35                                      |  |                                                              |  | 4               | %                           |  |              | 0.00 | %        |               | $ | 0     |               |  | $ | 750              |   |  | $                             | 0       |      |                                      | $ | 7,335   |                      |  | $ | 9,458    |    
|                                                                                 |  |   |  |                                         |  |                                                              |  |                 |                             |  |              |      |          |               |   |       |               |  |   |                  |   |  |                               |         |      |                                      |   |         |                      |  |   |          |     |  |           |  |  |  |  |   |     |  |  |   |     | 
|Investment securities                                                            |  |   |  |                                         |  |                                                              |  |                 |                             |  |              |      |          |               |   |       |               |  |   |                  |   |  |                               |         |      |                                      |   |         |                      |  |   |          |    
|                                                                                 |  |   |  |                                         |  |                                                              |  |                 |                             |  |              |      |          |               |   |       |               |  |   |                  |   |  |                               |         |      |                                      |   |         |                      |  |   |          |     |  |           |  |  |  |  |   |     |  |  |   |     | 
|Investment securities, net                                                       |  |   |  | 0                                       |  |                                                              |  | 0               | %                           |  |              | 0.00 | %        |               | $ | 0     |               |  | $ | 0                |   |  | $                             | 0       |      |                                      | $ | 0       |                      |  | $ | 0        |    
|                                                                                 |  |   |  |                                         |  |                                                              |  |                 |                             |  |              |      |          |               |   |       |               |  |   |                  |   |  |                               |         |      |                                      |   |         |                      |  |   |          |     |  |           |  |  |  |  |   |     |  |  |   |     | 
|Net Investments ($152,106 pledged as collateral under borrowing arrangements)(3) |  |   |  | 715                                     |  |                                                              |  | 225             | %                           |  |              | 4.97 | %        |               | $ | 8,589 |               |  | $ | 13,842           |   |  | $                             | 282,577 |      |                                      | $ | 419,734 |                      |  | $ | 595,402  |    
|                                                                                 |  |   |  |                                         |  |                                                              |  |                 |                             |  |              |      |          |               |   |       |               |  |   |                  |   |  |                               |         |      |                                      |   |         |                      |  |   |          |     |  |           |  |  |  |  |   |     |  |  |   |     | 



|(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 $6,666 of interest income capitalized into the outstanding investment balances, and $1,923
of deferred interest income, in accordance with the terms of the investment contract.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2018



|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(3)   The ratio of restricted securities fair value to net assets is
225%. (4)   Gross unrealized appreciation, gross unrealized depreciation and net
appreciation for federal income tax purposes totaled $248,658, $24,569 and $224,089, respectively. The tax cost of investments was $371,313. (5)   For revolving lines of credit the amount shown is the cost at March 31, 2018. *   Less than 1.0%
**   Not an eligible portfolio company as such term is defined in Section 2(a)(46) of the
1940 Act. 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 March 31, 2018.



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                             |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                               |  |      |                                     |  |   |                      |  |  |          |        |  |           |   |         |  |  |   |         |  |  |   |         | 
|---------------------- |  |  |  | --------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | -- | - | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | ------ |  | --------- | - | ------- |  |  | - | ------- |  |  | - | ------- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |    |   | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |        |  | FairValue |  
|Medallion Loans        |  |  |  |                                                                             |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                               |  |      |                                     |  |   |                      |  |  |          |        |  |           |   |         |  |  |   |         |  |  |   |         | 
|New York               |  |  |  |                                                                             |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 350           |  |  |                  | 53 | % |                               |  | 4.23 | %                                   |  | $ | 1,350                |  |  | $        | 10,898 |  |           | $ | 168,710 |  |  | $ | 167,226 |  |  | $ | 151,309 | 
|                       |  |  |  | Sean Cab Corp ##                                                            |  | Term Loan                                           |  |                 | 12/09/11 |  |              |  | 11/23/18 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 4.63 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 3,159   |  |  | $ | 3,159   |  |  | $ | 3,159   | 
|                       |  |  |  | Real Cab Corp ##                                                            |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 2,545   |  |  | $ | 2,545   |  |  | $ | 2,545   | 
|                       |  |  |  | Real Cab Corp ##                                                            |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 350     |  |  | $ | 350     |  |  | $ | 350     | 
|                       |  |  |  | Slo Cab Corp ##                                                             |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | 1  | % |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,527   |  |  | $ | 1,527   |  |  | $ | 1,527   | 
|                       |  |  |  | Slo Cab Corp ##                                                             |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 210     |  |  | $ | 210     |  |  | $ | 210     | 
|                       |  |  |  | Junaid Trans Corp ## & {Annually-Prime plus 1.00%}                          |  | Term Loan                                           |  |                 | 04/30/13 |  |              |  | 04/29/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,379   |  |  | $ | 1,379   |  |  | $ | 1,379   | 
|                       |  |  |  | Avi Taxi Corporation ##                                                     |  | Term Loan                                           |  |                 | 04/11/14 |  |              |  | 12/10/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,329   |  |  | $ | 1,329   |  |  | $ | 1,329   | 
|                       |  |  |  | Hj Taxi Corp ##                                                             |  | Term Loan                                           |  |                 | 04/11/14 |  |              |  | 12/10/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,329   |  |  | $ | 1,329   |  |  | $ | 1,329   | 
|                       |  |  |  | Anniversary Taxi Corp ##                                                    |  | Term Loan                                           |  |                 | 04/11/14 |  |              |  | 12/10/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,329   |  |  | $ | 1,329   |  |  | $ | 1,329   | 
|                       |  |  |  | Kby Taxi Inc ##                                                             |  | Term Loan                                           |  |                 | 04/11/14 |  |              |  | 12/10/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,329   |  |  | $ | 1,329   |  |  | $ | 1,329   | 
|                       |  |  |  | Apple Cab Corp ##                                                           |  | Term Loan                                           |  |                 | 04/11/14 |  |              |  | 12/10/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,329   |  |  | $ | 1,329   |  |  | $ | 1,329   | 
|                       |  |  |  | Penegali Taxi LLC ##                                                        |  | Term Loan                                           |  |                 | 12/11/14 |  |              |  | 12/10/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,294   |  |  | $ | 1,294   |  |  | $ | 1,294   | 
|                       |  |  |  | Uddin Taxi Corp ## &                                                        |  | Term Loan                                           |  |                 | 11/05/15 |  |              |  | 11/05/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,284   |  |  | $ | 1,284   |  |  | $ | 1,284   | 
|                       |  |  |  | Waylon Transit LLC ##                                                       |  | Term Loan                                           |  |                 | 09/27/17 |  |              |  | 09/27/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  | $        | 1,275  |  |           | $ | 1,275   |  |  | $ | 1,275   |  |  | $ | 1,277   | 
|                       |  |  |  | Sonu-Seema Corp ## (interest rate includes deferred interest of 2.50%)      |  | Term Loan                                           |  |                 | 12/07/12 |  |              |  | 12/20/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 34                   |  |  |          |        |  |           | $ | 1,275   |  |  | $ | 1,275   |  |  | $ | 1,275   | 
|                       |  |  |  | Bunty & Jyoti Inc ## (interest rate includes deferred interest of 2.50%)    |  | Term Loan                                           |  |                 | 03/13/13 |  |              |  | 12/13/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 35                   |  |  |          |        |  |           | $ | 1,259   |  |  | $ | 1,259   |  |  | $ | 1,259   | 
|                       |  |  |  | Perem Hacking Corp ## & {Annually-Prime plus .25%}                          |  | Term Loan                                           |  |                 | 05/01/16 |  |              |  | 05/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,223   |  |  | $ | 1,223   |  |  | $ | 1,225   | 
|                       |  |  |  | S600 Service Co Inc ## & {Annually-Prime plus .25%}                         |  | Term Loan                                           |  |                 | 05/01/16 |  |              |  | 05/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,223   |  |  | $ | 1,223   |  |  | $ | 1,225   | 
|                       |  |  |  | Ela Papou LLC ##                                                            |  | Term Loan                                           |  |                 | 06/27/14 |  |              |  | 12/15/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,213   |  |  | $ | 1,213   |  |  | $ | 1,213   | 
|                       |  |  |  | Earie Hacking LLC ##                                                        |  | Term Loan                                           |  |                 | 12/28/15 |  |              |  | 12/28/20 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.60 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,173   |  |  | $ | 1,173   |  |  | $ | 1,174   | 
|                       |  |  |  | Amme Taxi Inc ##                                                            |  | Term Loan                                           |  |                 | 10/21/13 |  |              |  | 10/21/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.70 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,162   |  |  | $ | 1,162   |  |  | $ | 1,162   | 
|                       |  |  |  | Yosi Transit Inc ##                                                         |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,018   |  |  | $ | 1,018   |  |  | $ | 1,018   | 
|                       |  |  |  | Yosi Transit Inc ##                                                         |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 140     |  |  | $ | 140     |  |  | $ | 140     | 
|                       |  |  |  | Ride Yellow LLC ## (interest rate includes deferred interest of 1.75%)      |  | Term Loan                                           |  |                 | 02/01/13 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 5.00 | %                                   |  | $ | 24                   |  |  |          |        |  |           | $ | 1,155   |  |  | $ | 1,155   |  |  | $ | 1,155   | 
|                       |  |  |  | Cfn Cab Corp ##                                                             |  | Term Loan                                           |  |                 | 02/26/14 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,151   |  |  | $ | 1,151   |  |  | $ | 1,151   | 
|                       |  |  |  | Miklos Hacking Corp ##                                                      |  | Term Loan                                           |  |                 | 02/26/14 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,151   |  |  | $ | 1,151   |  |  | $ | 1,151   | 
|                       |  |  |  | Flow Taxi Corp ## & {Annually-Prime plus .25%}                              |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,109   |  |  | $ | 1,109   |  |  | $ | 1,111   | 
|                       |  |  |  | Ukraine Service Co ## & {Annually-Prime plus .25%}                          |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,109   |  |  | $ | 1,109   |  |  | $ | 1,111   | 
|                       |  |  |  | Lil Amandachaka Hacking Corp ## & {Annually-Prime plus .25%}                |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,109   |  |  | $ | 1,109   |  |  | $ | 1,111   | 
|                       |  |  |  | Mickeybus Taxi LLC ##                                                       |  | Term Loan                                           |  |                 | 10/25/17 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  | $        | 1,050  |  |           | $ | 1,050   |  |  | $ | 1,050   |  |  | $ | 1,052   | 
|                       |  |  |  | Tosal Hacking Corp ## & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 04/01/13 |  |              |  | 11/01/17 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.00 | %                                   |  | $ | 17                   |  |  |          |        |  |           | $ | 1,048   |  |  | $ | 1,048   |  |  | $ | 1,048   | 
|                       |  |  |  | Red Army Cab Corp ## & {Annually-Prime plus .25%}                           |  | Term Loan                                           |  |                 | 06/27/16 |  |              |  | 07/01/21 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,038   |  |  | $ | 1,038   |  |  | $ | 1,040   | 
|                       |  |  |  | Avilie Service Inc ## {Annually-Prime plus .25%}                            |  | Term Loan                                           |  |                 | 02/11/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,032   |  |  | $ | 1,032   |  |  | $ | 1,032   | 
|                       |  |  |  | New Direction Cab Corp ##                                                   |  | Term Loan                                           |  |                 | 11/18/11 |  |              |  | 02/18/18 |               |  |  | 1             |  |  |                  | *  |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |        |  |           | $ | 1,020   |  |  | $ | 1,020   |  |  | $ | 1,020   | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                           |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |     |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | ----------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                              |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Big Ari Taxi Corp ## (interest rate includes deferred interest of 1.50%) {Annually-Prime} |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 21                   |  |  |          |     |  |           | $ | 997 |  |  | $ | 997 |  |  | $ | 997 | 
|                       |  |  |  | Bellsky Taxi LLC ## (interest rate includes deferred interest of 1.50%) {Annually-Prime}  |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 21                   |  |  |          |     |  |           | $ | 991 |  |  | $ | 991 |  |  | $ | 991 | 
|                       |  |  |  | Jump Service Co Inc ## {Annually-Prime plus .25%}                                         |  | Term Loan                                           |  |                 | 02/11/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 959 |  |  | $ | 959 |  |  | $ | 959 | 
|                       |  |  |  | Nelsk Taxi Inc ## (interest rate includes deferred interest of 2.25%)                     |  | Term Loan                                           |  |                 | 08/20/13 |  |              |  | 08/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 29                   |  |  |          |     |  |           | $ | 911 |  |  | $ | 911 |  |  | $ | 911 | 
|                       |  |  |  | Humidity Hacking Corp ##                                                                  |  | Term Loan                                           |  |                 | 03/07/13 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 906 |  |  | $ | 906 |  |  | $ | 906 | 
|                       |  |  |  | Nedrag Trans Corp ##                                                                      |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 854 |  |  | $ | 854 |  |  | $ | 854 | 
|                       |  |  |  | Typhoon Hacking Corp ##                                                                   |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 854 |  |  | $ | 854 |  |  | $ | 854 | 
|                       |  |  |  | Hedy Hacking Corp. ##                                                                     |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 854 |  |  | $ | 854 |  |  | $ | 854 | 
|                       |  |  |  | Lety Cab Corp ##                                                                          |  | Term Loan                                           |  |                 | 10/25/17 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  | $        | 841 |  |           | $ | 837 |  |  | $ | 837 |  |  | $ | 839 | 
|                       |  |  |  | Holdem Cab Corp ## {Annually-Prime plus 1.00%}                                            |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/10/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 797 |  |  | $ | 797 |  |  | $ | 797 | 
|                       |  |  |  | Go Boy Cab Corp ## {Annually-Prime plus 1.00%}                                            |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/10/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 797 |  |  | $ | 797 |  |  | $ | 797 | 
|                       |  |  |  | Copper One Cab Corp ##                                                                    |  | Term Loan                                           |  |                 | 02/17/12 |  |              |  | 12/15/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 751 |  |  | $ | 751 |  |  | $ | 751 | 
|                       |  |  |  | Asterik Cab Co Inc ##                                                                     |  | Term Loan                                           |  |                 | 02/17/12 |  |              |  | 12/15/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 745 |  |  | $ | 745 |  |  | $ | 745 | 
|                       |  |  |  | Agape-Mou Cab Corp ##                                                                     |  | Term Loan                                           |  |                 | 02/17/12 |  |              |  | 12/15/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 745 |  |  | $ | 745 |  |  | $ | 745 | 
|                       |  |  |  | Gurpreet Singh & Manpreet Sing ## (interest rate includes deferred interest of 2.75%)     |  | Term Loan                                           |  |                 | 06/25/13 |  |              |  | 06/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 32                   |  |  |          |     |  |           | $ | 741 |  |  | $ | 741 |  |  | $ | 741 | 
|                       |  |  |  | Zus Trading Inc ## & (interest rate includes deferred interest of 2.50%)                  |  | Term Loan                                           |  |                 | 08/09/13 |  |              |  | 07/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 27                   |  |  |          |     |  |           | $ | 732 |  |  | $ | 732 |  |  | $ | 732 | 
|                       |  |  |  | Zahav Taxi LLC ## (interest rate includes deferred interest of 1.75%)                     |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 15                   |  |  |          |     |  |           | $ | 729 |  |  | $ | 729 |  |  | $ | 729 | 
|                       |  |  |  | Hot Wheels Taxi LLC ## (interest rate includes deferred interest of 1.75%)                |  | Term Loan                                           |  |                 | 03/01/13 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 15                   |  |  |          |     |  |           | $ | 715 |  |  | $ | 715 |  |  | $ | 715 | 
|                       |  |  |  | Willie Transit LLC ##                                                                     |  | Term Loan                                           |  |                 | 10/25/17 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  | $        | 700 |  |           | $ | 700 |  |  | $ | 700 |  |  | $ | 702 | 
|                       |  |  |  | Alltaxitwo Cab Corp ## {Annually-Prime}                                                   |  | Term Loan                                           |  |                 | 12/21/16 |  |              |  | 12/21/26 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 694 |  |  | $ | 694 |  |  | $ | 696 | 
|                       |  |  |  | Orys Trans Corp ## {Annually-Prime}                                                       |  | Term Loan                                           |  |                 | 12/21/16 |  |              |  | 12/21/26 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 694 |  |  | $ | 694 |  |  | $ | 696 | 
|                       |  |  |  | Mandeep Multani & Ravinder Sin ## & (interest rate includes deferred interest of 3.00%)   |  | Term Loan                                           |  |                 | 03/19/14 |  |              |  | 12/23/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |     |  |           | $ | 692 |  |  | $ | 692 |  |  | $ | 692 | 
|                       |  |  |  | Rakesh Aggarwal & Jasvir Singh ##                                                         |  | Term Loan                                           |  |                 | 05/07/14 |  |              |  | 11/07/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 685 |  |  | $ | 685 |  |  | $ | 685 | 
|                       |  |  |  | Carlos Govea ## (interest rate includes deferred interest of 1.50%)                       |  | Term Loan                                           |  |                 | 06/05/14 |  |              |  | 06/05/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 6                    |  |  |          |     |  |           | $ | 675 |  |  | $ | 675 |  |  | $ | 675 | 
|                       |  |  |  | Joseph R Jean ## &                                                                        |  | Term Loan                                           |  |                 | 04/15/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 674 |  |  | $ | 674 |  |  | $ | 674 | 
|                       |  |  |  | Ilker Altaygil ## & (interest rate includes deferred interest of 2.75%)                   |  | Term Loan                                           |  |                 | 07/18/13 |  |              |  | 06/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 30                   |  |  |          |     |  |           | $ | 671 |  |  | $ | 671 |  |  | $ | 671 | 
|                       |  |  |  | Ming Trans Corp ##                                                                        |  | Term Loan                                           |  |                 | 11/19/12 |  |              |  | 12/10/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 662 |  |  | $ | 662 |  |  | $ | 662 | 
|                       |  |  |  | New Express Cab Corp ##                                                                   |  | Term Loan                                           |  |                 | 03/31/15 |  |              |  | 03/30/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 660 |  |  | $ | 660 |  |  | $ | 660 | 
|                       |  |  |  | Iddy Biddy Cab Corp ##                                                                    |  | Term Loan                                           |  |                 | 10/09/15 |  |              |  | 10/25/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 646 |  |  | $ | 646 |  |  | $ | 647 | 
|                       |  |  |  | Aminder Pal Singh ##                                                                      |  | Term Loan                                           |  |                 | 11/21/13 |  |              |  | 01/21/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 647 |  |  | $ | 647 |  |  | $ | 647 | 
|                       |  |  |  | Jbob Hacking Corp ##                                                                      |  | Term Loan                                           |  |                 | 10/09/15 |  |              |  | 10/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 644 |  |  | $ | 644 |  |  | $ | 645 | 
|                       |  |  |  | Malcolm Hacking Corp ##                                                                   |  | Term Loan                                           |  |                 | 08/05/15 |  |              |  | 08/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 643 |  |  | $ | 643 |  |  | $ | 643 | 
|                       |  |  |  | Oyaz Hacking Corp ##                                                                      |  | Term Loan                                           |  |                 | 08/05/15 |  |              |  | 08/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 643 |  |  | $ | 643 |  |  | $ | 643 | 
|                       |  |  |  | Avtar Singh ##                                                                            |  | Term Loan                                           |  |                 | 08/29/14 |  |              |  | 02/29/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 636 |  |  | $ | 636 |  |  | $ | 636 | 
|                       |  |  |  | Christian Cab Corp &                                                                      |  | Term Loan                                           |  |                 | 11/27/12 |  |              |  | 11/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 653 |  |  | $ | 632 |  |  | $ | 635 | 
|                       |  |  |  | Concourse Cab Corp ## & (interest rate includes deferred interest of 2.50%)               |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 35                   |  |  |          |     |  |           | $ | 682 |  |  | $ | 630 |  |  | $ | 631 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                                                 |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |       |  |  |   |       |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | ----- |  |  | - | ----- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                                                    |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Hamilton Transit LLC ## &                                                                                       |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 1,335 |  |  | $ | 1,272 |  |  | $ | 631 | 
|                       |  |  |  | Global Agami Cab LLC ## (interest rate includes deferred interest of 1.00%) {Annually-Prime minus 1.75%}        |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 6                    |  |  |          |  |  |           | $ | 912   |  |  | $ | 912   |  |  | $ | 630 | 
|                       |  |  |  | Universal Agami Transit Inc ## (interest rate includes deferred interest of 1.00%) {Annually-Prime minus 1.75%} |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 6                    |  |  |          |  |  |           | $ | 912   |  |  | $ | 912   |  |  | $ | 630 | 
|                       |  |  |  | Planet Agami Cab LLC ## (interest rate includes deferred interest of 1.00%) {Annually-Prime minus 1.75%}        |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 6                    |  |  |          |  |  |           | $ | 912   |  |  | $ | 912   |  |  | $ | 630 | 
|                       |  |  |  | G Michael Cab Corp ## & (interest rate includes deferred interest of 2.40%)                                     |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 29                   |  |  |          |  |  |           | $ | 897   |  |  | $ | 897   |  |  | $ | 630 | 
|                       |  |  |  | Ash Trans Corp ## & (interest rate includes deferred interest of 2.40%)                                         |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 27                   |  |  |          |  |  |           | $ | 792   |  |  | $ | 792   |  |  | $ | 630 | 
|                       |  |  |  | Brigitte Cab Corp ## & (interest rate includes deferred interest of 2.40%)                                      |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 27                   |  |  |          |  |  |           | $ | 831   |  |  | $ | 831   |  |  | $ | 630 | 
|                       |  |  |  | SamanthaS Cab Corp ## & (interest rate includes deferred interest of 2.40%)                                    |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 25                   |  |  |          |  |  |           | $ | 757   |  |  | $ | 757   |  |  | $ | 630 | 
|                       |  |  |  | Ganz Express Cab Cor ## & (interest rate includes deferred interest of 2.40%)                                   |  | Term Loan                                           |  |                 | 09/14/15 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 25                   |  |  |          |  |  |           | $ | 777   |  |  | $ | 777   |  |  | $ | 630 | 
|                       |  |  |  | Btr Taxi Inc ## (interest rate includes deferred interest of 3.25%)                                             |  | Term Loan                                           |  |                 | 06/16/14 |  |              |  | 12/16/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 15                   |  |  |          |  |  |           | $ | 821   |  |  | $ | 821   |  |  | $ | 630 | 
|                       |  |  |  | Benson Hacking Corp ## &                                                                                        |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 648   |  |  | $ | 630   |  |  | $ | 630 | 
|                       |  |  |  | Devin Taxi Corp ## &                                                                                            |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 648   |  |  | $ | 630   |  |  | $ | 630 | 
|                       |  |  |  | Rs Hacking Corp ## &                                                                                            |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 08/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 630   |  |  | $ | 630   |  |  | $ | 630 | 
|                       |  |  |  | D & G Taxi Inc ## &                                                                                             |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 08/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.35 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 655   |  |  | $ | 630   |  |  | $ | 630 | 
|                       |  |  |  | Ocean Hacking Corp ## &                                                                                         |  | Term Loan                                           |  |                 | 12/20/13 |  |              |  | 12/20/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 630   |  |  | $ | 630   |  |  | $ | 630 | 
|                       |  |  |  | Jacal Hacking Corp ## &                                                                                         |  | Term Loan                                           |  |                 | 12/20/13 |  |              |  | 12/20/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 630   |  |  | $ | 630   |  |  | $ | 630 | 
|                       |  |  |  | Gaultier Hacking Corp ## &                                                                                      |  | Term Loan                                           |  |                 | 08/27/12 |  |              |  | 09/14/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 956   |  |  | $ | 956   |  |  | $ | 630 | 
|                       |  |  |  | Silke Hacking Corp ## &                                                                                         |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 1,337 |  |  | $ | 1,274 |  |  | $ | 630 | 
|                       |  |  |  | Kaderee M & G Corp ## &                                                                                         |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 1,330 |  |  | $ | 1,269 |  |  | $ | 630 | 
|                       |  |  |  | Daytona Hacking Corp ## &                                                                                       |  | Term Loan                                           |  |                 | 03/26/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 1,330 |  |  | $ | 1,269 |  |  | $ | 630 | 
|                       |  |  |  | Parvinder Singh ## {Annually-Prime plus 1.00%}                                                                  |  | Term Loan                                           |  |                 | 08/13/13 |  |              |  | 08/13/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 621   |  |  | $ | 621   |  |  | $ | 621 | 
|                       |  |  |  | Bruce Schneider ## {Annually-Prime plus 1.00%}                                                                  |  | Term Loan                                           |  |                 | 05/10/13 |  |              |  | 05/10/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 618   |  |  | $ | 618   |  |  | $ | 618 | 
|                       |  |  |  | Tripta Nfn & Jagdeep Kumar Cab &                                                                                |  | Term Loan                                           |  |                 | 11/12/14 |  |              |  | 11/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 616   |  |  | $ | 618   |  |  | $ | 618 | 
|                       |  |  |  | Shanu Miah ## (interest rate includes deferred interest of 2.75%)                                               |  | Term Loan                                           |  |                 | 06/20/13 |  |              |  | 06/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 20                   |  |  |          |  |  |           | $ | 617   |  |  | $ | 617   |  |  | $ | 617 | 
|                       |  |  |  | Kerolus Waheib Makhail                                                                                          |  | Term Loan                                           |  |                 | 12/27/12 |  |              |  | 12/08/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 613   |  |  | $ | 615   |  |  | $ | 615 | 
|                       |  |  |  | Munir Ahmed Sahi ##                                                                                             |  | Term Loan                                           |  |                 | 08/13/15 |  |              |  | 08/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 607   |  |  | $ | 607   |  |  | $ | 607 | 
|                       |  |  |  | Jordan O Ohene ## &                                                                                             |  | Term Loan                                           |  |                 | 05/24/13 |  |              |  | 05/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 602   |  |  | $ | 602   |  |  | $ | 602 | 
|                       |  |  |  | Jaswinder Singh/Note A ## (interest rate includes deferred interest of 2.00%)                                   |  | Term Loan                                           |  |                 | 04/27/16 |  |              |  | 04/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 20                   |  |  |          |  |  |           | $ | 582   |  |  | $ | 582   |  |  | $ | 582 | 
|                       |  |  |  | Charanjeet Kaur & Manjit Singh ## (interest rate includes deferred interest of 2.50%)                           |  | Term Loan                                           |  |                 | 10/28/13 |  |              |  | 10/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 18                   |  |  |          |  |  |           | $ | 580   |  |  | $ | 580   |  |  | $ | 580 | 
|                       |  |  |  | Lesly Jeanjoseph ## & (interest rate includes deferred interest of 2.00%)                                       |  | Term Loan                                           |  |                 | 05/08/13 |  |              |  | 05/16/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 19                   |  |  |          |  |  |           | $ | 579   |  |  | $ | 579   |  |  | $ | 579 | 
|                       |  |  |  | Aujla Cab Corp ## (interest rate includes deferred interest of 2.50%)                                           |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 03/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 11                   |  |  |          |  |  |           | $ | 570   |  |  | $ | 570   |  |  | $ | 570 | 
|                       |  |  |  | Jasvir S Dhaliwal ##                                                                                            |  | Term Loan                                           |  |                 | 07/01/13 |  |              |  | 04/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 564   |  |  | $ | 564   |  |  | $ | 564 | 
|                       |  |  |  | Marian Cab Corp ##                                                                                              |  | Term Loan                                           |  |                 | 06/19/12 |  |              |  | 06/19/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 564   |  |  | $ | 564   |  |  | $ | 564 | 
|                       |  |  |  | Mohammed Hossen & Abrar Hanif ##                                                                                |  | Term Loan                                           |  |                 | 03/11/13 |  |              |  | 03/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 563   |  |  | $ | 563   |  |  | $ | 563 | 
|                       |  |  |  | Albro Hacking, Corp. ##                                                                                         |  | Term Loan                                           |  |                 | 07/10/14 |  |              |  | 03/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.63 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 557   |  |  | $ | 557   |  |  | $ | 557 | 
|                       |  |  |  | Bliss Cab Corp ##                                                                                               |  | Term Loan                                           |  |                 | 10/21/10 |  |              |  | 10/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 555   |  |  | $ | 555   |  |  | $ | 555 | 
|                       |  |  |  | Sushil Maggoo ##                                                                                                |  | Term Loan                                           |  |                 | 12/09/15 |  |              |  | 12/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.90 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 548   |  |  | $ | 548   |  |  | $ | 549 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                                |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |       |  |  |   |       |  |  |   |     | 
|---------------------- |  |  |  | ---------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | ----- |  |  | - | ----- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                                   |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Oradeanul Taxi Corp ##                                                                         |  | Term Loan                                           |  |                 | 01/30/13 |  |              |  | 02/01/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 547   |  |  | $ | 547   |  |  | $ | 547 | 
|                       |  |  |  | Sphinx Rc LLC &                                                                                |  | Term Loan                                           |  |                 | 08/25/16 |  |              |  | 08/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 545   |  |  | $ | 545   |  |  | $ | 546 | 
|                       |  |  |  | Mci Taxi Inc ## &                                                                              |  | Term Loan                                           |  |                 | 10/29/15 |  |              |  | 10/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 544   |  |  | $ | 544   |  |  | $ | 545 | 
|                       |  |  |  | K.R. Express Cab Corp ## &                                                                     |  | Term Loan                                           |  |                 | 10/29/15 |  |              |  | 10/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 544   |  |  | $ | 544   |  |  | $ | 545 | 
|                       |  |  |  | Sukhdev Singh & Harpreet Singh ##                                                              |  | Term Loan                                           |  |                 | 07/13/16 |  |              |  | 07/13/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 539   |  |  | $ | 539   |  |  | $ | 540 | 
|                       |  |  |  | Sag Taxi LLC ## &                                                                              |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 1,559 |  |  | $ | 1,472 |  |  | $ | 537 | 
|                       |  |  |  | Ikaria Taxi LLC ## &                                                                           |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 1,563 |  |  | $ | 1,481 |  |  | $ | 537 | 
|                       |  |  |  | Pontios Taxi LLC ## &                                                                          |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 1,564 |  |  | $ | 1,484 |  |  | $ | 537 | 
|                       |  |  |  | Esg Hacking Corp ## &                                                                          |  | Term Loan                                           |  |                 | 03/12/14 |  |              |  | 03/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 542   |  |  | $ | 536   |  |  | $ | 536 | 
|                       |  |  |  | Mukhtiar Singh ##                                                                              |  | Term Loan                                           |  |                 | 08/29/14 |  |              |  | 02/29/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 535   |  |  | $ | 535   |  |  | $ | 535 | 
|                       |  |  |  | Humberto Ontaneda ## (interest rate includes deferred interest of 2.50%)                       |  | Term Loan                                           |  |                 | 10/17/13 |  |              |  | 09/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 17                   |  |  |          |  |  |           | $ | 534   |  |  | $ | 534   |  |  | $ | 534 | 
|                       |  |  |  | Yves Bazile ##                                                                                 |  | Term Loan                                           |  |                 | 09/16/15 |  |              |  | 03/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 531   |  |  | $ | 531   |  |  | $ | 531 | 
|                       |  |  |  | Jean J Monteau ##                                                                              |  | Term Loan                                           |  |                 | 12/06/12 |  |              |  | 06/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 522   |  |  | $ | 522   |  |  | $ | 522 | 
|                       |  |  |  | Dani Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)                        |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 521   |  |  | $ | 521   |  |  | $ | 521 | 
|                       |  |  |  | Newton Sodhi ## {Annually-Prime plus 1.00%}                                                    |  | Term Loan                                           |  |                 | 05/06/13 |  |              |  | 05/06/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 520   |  |  | $ | 520   |  |  | $ | 520 | 
|                       |  |  |  | Magloire David ## (interest rate includes deferred interest of 2.50%)                          |  | Term Loan                                           |  |                 | 07/24/15 |  |              |  | 08/12/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 19                   |  |  |          |  |  |           | $ | 520   |  |  | $ | 520   |  |  | $ | 520 | 
|                       |  |  |  | Emad S Tadros ##                                                                               |  | Term Loan                                           |  |                 | 05/18/16 |  |              |  | 05/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 518   |  |  | $ | 518   |  |  | $ | 518 | 
|                       |  |  |  | Rafi Mohammad ##                                                                               |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 02/03/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 518   |  |  | $ | 518   |  |  | $ | 518 | 
|                       |  |  |  | Nycyellow LLC ## &                                                                             |  | Term Loan                                           |  |                 | 12/21/16 |  |              |  | 12/21/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 504   |  |  | $ | 504   |  |  | $ | 506 | 
|                       |  |  |  | Sandeep Transport LLC ##                                                                       |  | Term Loan                                           |  |                 | 06/23/16 |  |              |  | 06/23/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 505   |  |  | $ | 505   |  |  | $ | 506 | 
|                       |  |  |  | Amarjit Sangera ##                                                                             |  | Term Loan                                           |  |                 | 11/18/15 |  |              |  | 05/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 504   |  |  | $ | 504   |  |  | $ | 504 | 
|                       |  |  |  | Fernande Paul Cab Corp ## (interest rate includes deferred interest of 1.50%) {Annually-Prime} |  | Term Loan                                           |  |                 | 01/24/13 |  |              |  | 05/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 13                   |  |  |          |  |  |           | $ | 503   |  |  | $ | 503   |  |  | $ | 503 | 
|                       |  |  |  | Travis R Bazile & Jean Exinvil ##                                                              |  | Term Loan                                           |  |                 | 10/21/15 |  |              |  | 10/21/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 500   |  |  | $ | 500   |  |  | $ | 501 | 
|                       |  |  |  | Luis E Perez ##                                                                                |  | Term Loan                                           |  |                 | 03/19/14 |  |              |  | 03/19/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 500   |  |  | $ | 500   |  |  | $ | 500 | 
|                       |  |  |  | Albert A Agyemang ## & (interest rate includes deferred interest of 2.25%)                     |  | Term Loan                                           |  |                 | 07/09/13 |  |              |  | 07/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 16                   |  |  |          |  |  |           | $ | 484   |  |  | $ | 484   |  |  | $ | 484 | 
|                       |  |  |  | Nana K Adom ##                                                                                 |  | Term Loan                                           |  |                 | 10/05/15 |  |              |  | 04/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 481   |  |  | $ | 481   |  |  | $ | 481 | 
|                       |  |  |  | Jaswinder K Sharma ## &                                                                        |  | Term Loan                                           |  |                 | 10/08/15 |  |              |  | 10/08/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 477   |  |  | $ | 477   |  |  | $ | 477 | 
|                       |  |  |  | Momar Diagne ## (interest rate includes deferred interest of 1.00%)                            |  | Term Loan                                           |  |                 | 05/12/14 |  |              |  | 05/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 3                    |  |  |          |  |  |           | $ | 463   |  |  | $ | 463   |  |  | $ | 463 | 
|                       |  |  |  | Adil Lone ##                                                                                   |  | Term Loan                                           |  |                 | 09/10/15 |  |              |  | 09/10/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 455   |  |  | $ | 455   |  |  | $ | 455 | 
|                       |  |  |  | Harold Torres ##                                                                               |  | Term Loan                                           |  |                 | 02/25/16 |  |              |  | 02/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 451   |  |  | $ | 451   |  |  | $ | 451 | 
|                       |  |  |  | Jasvinder Chhoker + Dam Singh                                                                  |  | Term Loan                                           |  |                 | 11/10/11 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 448   |  |  | $ | 450   |  |  | $ | 450 | 
|                       |  |  |  | I&I Cab Corp ##                                                                                |  | Term Loan                                           |  |                 | 03/19/13 |  |              |  | 02/09/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 449   |  |  | $ | 449   |  |  | $ | 449 | 
|                       |  |  |  | M Irshad Chaudhry & Mhd Ramzan ## (interest rate includes deferred interest of 1.25%)          |  | Term Loan                                           |  |                 | 03/21/11 |  |              |  | 03/21/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 10                   |  |  |          |  |  |           | $ | 441   |  |  | $ | 441   |  |  | $ | 441 | 
|                       |  |  |  | Joseph Jean ##                                                                                 |  | Term Loan                                           |  |                 | 03/14/12 |  |              |  | 02/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 438   |  |  | $ | 438   |  |  | $ | 438 | 
|                       |  |  |  | Shubal C Ghose ##                                                                              |  | Term Loan                                           |  |                 | 03/20/15 |  |              |  | 03/20/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 435   |  |  | $ | 435   |  |  | $ | 435 | 
|                       |  |  |  | W.B.L.S Taxi Inc ## (interest rate includes deferred interest of 1.75%)                        |  | Term Loan                                           |  |                 | 08/09/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 9                    |  |  |          |  |  |           | $ | 431   |  |  | $ | 431   |  |  | $ | 431 | 
|                       |  |  |  | Mohammad Azhar ##                                                                              |  | Term Loan                                           |  |                 | 02/24/14 |  |              |  | 02/24/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 423   |  |  | $ | 423   |  |  | $ | 423 | 
|                       |  |  |  | Verity Taxi Inc ##                                                                             |  | Term Loan                                           |  |                 | 02/08/13 |  |              |  | 02/08/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.60 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 400   |  |  | $ | 400   |  |  | $ | 400 | 
|                       |  |  |  | Mokbul Choudhury ##                                                                            |  | Term Loan                                           |  |                 | 08/25/14 |  |              |  | 08/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 399   |  |  | $ | 399   |  |  | $ | 399 | 
|                       |  |  |  | Dady Hamel ##                                                                                  |  | Term Loan                                           |  |                 | 12/26/13 |  |              |  | 12/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 393   |  |  | $ | 393   |  |  | $ | 393 | 
|                       |  |  |  | Gustavo E Cabrejos ##                                                                          |  | Term Loan                                           |  |                 | 10/07/15 |  |              |  | 04/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 391   |  |  | $ | 391   |  |  | $ | 391 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                         |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |     |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                            |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Santokh Bangay ##                                                                       |  | Term Loan                                           |  |                 | 12/10/12 |  |              |  | 05/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 388 |  |  | $ | 388 |  |  | $ | 388 | 
|                       |  |  |  | Carlot Dalce ## &                                                                       |  | Term Loan                                           |  |                 | 07/09/13 |  |              |  | 07/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 378 |  |  | $ | 378 |  |  | $ | 378 | 
|                       |  |  |  | Jacob Kuruvilla ##                                                                      |  | Term Loan                                           |  |                 | 11/11/09 |  |              |  | 12/05/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 378 |  |  | $ | 378 |  |  | $ | 378 | 
|                       |  |  |  | L&A Tarafdar Taxi Inc & {Annually-Prime plus 1.00%}                                     |  | Term Loan                                           |  |                 | 05/24/16 |  |              |  | 05/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 368 |  |  | $ | 370 |  |  | $ | 371 | 
|                       |  |  |  | Melimajua Cab Corp ## &                                                                 |  | Term Loan                                           |  |                 | 10/14/14 |  |              |  | 10/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.90 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 367 |  |  | $ | 367 |  |  | $ | 367 | 
|                       |  |  |  | Daca Taxi Inc ##                                                                        |  | Term Loan                                           |  |                 | 06/07/17 |  |              |  | 06/07/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 370 |  |           | $ | 364 |  |  | $ | 364 |  |  | $ | 366 | 
|                       |  |  |  | Pierre Jeune ## &                                                                       |  | Term Loan                                           |  |                 | 12/14/12 |  |              |  | 06/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 365 |  |  | $ | 365 |  |  | $ | 365 | 
|                       |  |  |  | Pierre Cadet ##                                                                         |  | Term Loan                                           |  |                 | 03/19/13 |  |              |  | 03/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 359 |  |  | $ | 359 |  |  | $ | 359 | 
|                       |  |  |  | Bucur Express Cab Corp ##                                                               |  | Term Loan                                           |  |                 | 06/07/17 |  |              |  | 06/07/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 356 |  |           | $ | 350 |  |  | $ | 350 |  |  | $ | 352 | 
|                       |  |  |  | Yberto Santana ##                                                                       |  | Term Loan                                           |  |                 | 02/27/14 |  |              |  | 02/22/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 350 |  |  | $ | 350 |  |  | $ | 350 | 
|                       |  |  |  | Shah M Rahman ##                                                                        |  | Term Loan                                           |  |                 | 11/25/13 |  |              |  | 05/25/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 346 |  |  | $ | 346 |  |  | $ | 346 | 
|                       |  |  |  | Anthony Okyere Duah ##                                                                  |  | Term Loan                                           |  |                 | 07/14/17 |  |              |  | 01/14/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 346 |  |           | $ | 342 |  |  | $ | 342 |  |  | $ | 344 | 
|                       |  |  |  | Eduard Neyman                                                                           |  | Term Loan                                           |  |                 | 05/24/13 |  |              |  | 05/24/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 340 |  |  | $ | 342 |  |  | $ | 343 | 
|                       |  |  |  | Chuhar Singh ##                                                                         |  | Term Loan                                           |  |                 | 06/06/13 |  |              |  | 06/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 339 |  |  | $ | 339 |  |  | $ | 339 | 
|                       |  |  |  | Double Cab Corp ##                                                                      |  | Term Loan                                           |  |                 | 09/15/17 |  |              |  | 09/15/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 331 |  |           | $ | 329 |  |  | $ | 329 |  |  | $ | 331 | 
|                       |  |  |  | Ghotra & Ghotra LLC & (interest rate includes deferred interest of 2.50%)               |  | Term Loan                                           |  |                 | 12/19/13 |  |              |  | 12/19/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 21                   |  |  |          |     |  |           | $ | 773 |  |  | $ | 740 |  |  | $ | 318 | 
|                       |  |  |  | Gbcab LLC ## &                                                                          |  | Term Loan                                           |  |                 | 08/19/15 |  |              |  | 08/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 349 |  |  | $ | 315 |  |  | $ | 318 | 
|                       |  |  |  | Erwich Chery &                                                                          |  | Term Loan                                           |  |                 | 09/29/14 |  |              |  | 08/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 540 |  |  | $ | 514 |  |  | $ | 318 | 
|                       |  |  |  | Dominique Ismael ## & (interest rate includes deferred interest of 2.00%)               |  | Term Loan                                           |  |                 | 03/10/14 |  |              |  | 03/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 9                    |  |  |          |     |  |           | $ | 529 |  |  | $ | 497 |  |  | $ | 317 | 
|                       |  |  |  | Rose And Jean Service LLC ## &                                                          |  | Term Loan                                           |  |                 | 06/15/16 |  |              |  | 06/15/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 328 |  |  | $ | 315 |  |  | $ | 317 | 
|                       |  |  |  | Amr Aly Shafshak/Note A &                                                               |  | Term Loan                                           |  |                 | 10/24/17 |  |              |  | 04/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 400 |  |           | $ | 400 |  |  | $ | 400 |  |  | $ | 317 | 
|                       |  |  |  | Joseph Paul Desir ## & (interest rate includes deferred interest of 2.50%)              |  | Term Loan                                           |  |                 | 07/28/14 |  |              |  | 08/30/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |     |  |           | $ | 340 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Gerardo Barrera ## & (interest rate includes deferred interest of 2.50%)                |  | Term Loan                                           |  |                 | 08/08/14 |  |              |  | 03/15/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 13                   |  |  |          |     |  |           | $ | 343 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Binh Pham ## & (interest rate includes deferred interest of 2.75%)                      |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 05/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 2                    |  |  |          |     |  |           | $ | 721 |  |  | $ | 701 |  |  | $ | 316 | 
|                       |  |  |  | Samiullah Zaman ## &                                                                    |  | Term Loan                                           |  |                 | 04/07/14 |  |              |  | 04/07/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 320 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Anwar Khalifa ## &                                                                      |  | Term Loan                                           |  |                 | 08/07/14 |  |              |  | 08/07/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Roudy Moliere &Jean B Letang ## &                                                       |  | Term Loan                                           |  |                 | 01/15/16 |  |              |  | 01/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 321 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Balwinder Singh ## &                                                                    |  | Term Loan                                           |  |                 | 10/02/15 |  |              |  | 10/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Frands Fequiere ## &                                                                    |  | Term Loan                                           |  |                 | 01/20/16 |  |              |  | 01/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 328 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Turgut Duman ## &                                                                       |  | Term Loan                                           |  |                 | 12/02/15 |  |              |  | 12/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 330 |  |  | $ | 315 |  |  | $ | 316 | 
|                       |  |  |  | Marc C Bastien ## & (interest rate includes deferred interest of 1.50%)                 |  | Term Loan                                           |  |                 | 04/11/13 |  |              |  | 05/24/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 15                   |  |  |          |     |  |           | $ | 321 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Preslert Louis ## & (interest rate includes deferred interest of 1.50%)                 |  | Term Loan                                           |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 15                   |  |  |          |     |  |           | $ | 322 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Danny Truong ## (interest rate includes deferred interest of 2.00%)                     |  | Term Loan                                           |  |                 | 07/30/14 |  |              |  | 01/30/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 6                    |  |  |          |     |  |           | $ | 724 |  |  | $ | 724 |  |  | $ | 315 | 
|                       |  |  |  | Ghulam Abbas ## & (interest rate includes deferred interest of 2.50%)                   |  | Term Loan                                           |  |                 | 04/17/13 |  |              |  | 05/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 32                   |  |  |          |     |  |           | $ | 319 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Gur & Dev Taxi LLC & (interest rate includes deferred interest of 2.50%)                |  | Term Loan                                           |  |                 | 02/18/14 |  |              |  | 09/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 25                   |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Donald Singh ## & (interest rate includes deferred interest of 2.50%)                   |  | Term Loan                                           |  |                 | 10/11/13 |  |              |  | 10/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Spyridon Tzorzis ## & (interest rate includes deferred interest of 2.50%)               |  | Term Loan                                           |  |                 | 07/10/13 |  |              |  | 07/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 22                   |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Alexander Vizueta ## & (interest rate includes deferred interest of 2.50%)              |  | Term Loan                                           |  |                 | 04/01/14 |  |              |  | 09/01/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 21                   |  |  |          |     |  |           | $ | 316 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Carmay Latendresse ## & (interest rate includes deferred interest of 2.50%)             |  | Term Loan                                           |  |                 | 05/19/14 |  |              |  | 11/09/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 20                   |  |  |          |     |  |           | $ | 692 |  |  | $ | 662 |  |  | $ | 315 | 
|                       |  |  |  | Atef A Khalil & (interest rate includes deferred interest of 2.50%)                     |  | Term Loan                                           |  |                 | 07/09/14 |  |              |  | 12/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 18                   |  |  |          |     |  |           | $ | 336 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Joseph L Flovel ## & (interest rate includes deferred interest of 2.50%)                |  | Term Loan                                           |  |                 | 10/31/13 |  |              |  | 10/30/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 18                   |  |  |          |     |  |           | $ | 317 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Sukhdev Singh & Harpal S Bhola ## (interest rate includes deferred interest of 2.50%)   |  | Term Loan                                           |  |                 | 12/04/13 |  |              |  | 12/04/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 17                   |  |  |          |     |  |           | $ | 624 |  |  | $ | 624 |  |  | $ | 315 | 
|                       |  |  |  | Joseph Gerard Pierre ## (interest rate includes deferred interest of 2.50%)             |  | Term Loan                                           |  |                 | 07/07/14 |  |              |  | 01/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 17                   |  |  |          |     |  |           | $ | 694 |  |  | $ | 694 |  |  | $ | 315 | 
|                       |  |  |  | Shahdad Bhatti Cab Corp ## & (interest rate includes deferred interest of 2.50%)        |  | Term Loan                                           |  |                 | 08/18/14 |  |              |  | 01/01/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 16                   |  |  |          |     |  |           | $ | 319 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Gilberto Barrera ## & (interest rate includes deferred interest of 2.50%)               |  | Term Loan                                           |  |                 | 04/02/14 |  |              |  | 04/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 14                   |  |  |          |     |  |           | $ | 333 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Tarek Elsaid ## (interest rate includes deferred interest of 2.50%)                     |  | Term Loan                                           |  |                 | 05/12/14 |  |              |  | 04/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 10                   |  |  |          |     |  |           | $ | 541 |  |  | $ | 541 |  |  | $ | 315 | 
|                       |  |  |  | Lelio Bresier & Jeanne Bresier ## & (interest rate includes deferred interest of 2.50%) |  | Term Loan                                           |  |                 | 03/06/13 |  |              |  | 05/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 7                    |  |  |          |     |  |           | $ | 413 |  |  | $ | 400 |  |  | $ | 315 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                         |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |     |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                            |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Haroon Sharif ## & (interest rate includes deferred interest of 2.50%)                  |  | Term Loan                                           |  |                 | 05/21/13 |  |              |  | 05/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Arman And Mehtab Padda Taxi Co ## & (interest rate includes deferred interest of 2.75%) |  | Term Loan                                           |  |                 | 06/19/13 |  |              |  | 07/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 10                   |  |  |          |     |  |           | $ | 780 |  |  | $ | 742 |  |  | $ | 315 | 
|                       |  |  |  | Gilbert Chong ## (interest rate includes deferred interest of 2.75%)                    |  | Term Loan                                           |  |                 | 10/28/15 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 3                    |  |  |          |     |  |           | $ | 523 |  |  | $ | 523 |  |  | $ | 315 | 
|                       |  |  |  | Samy Baddar ## & (interest rate includes deferred interest of 3.00%)                    |  | Term Loan                                           |  |                 | 07/18/13 |  |              |  | 03/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 28                   |  |  |          |     |  |           | $ | 702 |  |  | $ | 662 |  |  | $ | 315 | 
|                       |  |  |  | Rafael A Pena ## & (interest rate includes deferred interest of 3.00%)                  |  | Term Loan                                           |  |                 | 09/18/13 |  |              |  | 08/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 21                   |  |  |          |     |  |           | $ | 518 |  |  | $ | 518 |  |  | $ | 315 | 
|                       |  |  |  | Manuel F Pena ## & (interest rate includes deferred interest of 3.00%)                  |  | Term Loan                                           |  |                 | 11/26/13 |  |              |  | 10/26/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 20                   |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Serge Bonny ## (interest rate includes deferred interest of 3.00%)                      |  | Term Loan                                           |  |                 | 03/11/13 |  |              |  | 12/05/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 1                    |  |  |          |     |  |           | $ | 341 |  |  | $ | 341 |  |  | $ | 315 | 
|                       |  |  |  | Maria L Denocua ## (interest rate includes deferred interest of 3.00%)                  |  | Term Loan                                           |  |                 | 09/17/15 |  |              |  | 12/29/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 7.40 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 515 |  |  | $ | 515 |  |  | $ | 315 | 
|                       |  |  |  | Brunet Lucas ## & (interest rate includes deferred interest of 3.25%)                   |  | Term Loan                                           |  |                 | 06/06/13 |  |              |  | 06/06/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 33                   |  |  |          |     |  |           | $ | 619 |  |  | $ | 615 |  |  | $ | 315 | 
|                       |  |  |  | Tamimu Aliu ## &                                                                        |  | Term Loan                                           |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Guivarch Thimothe &                                                                     |  | Term Loan                                           |  |                 | 09/19/12 |  |              |  | 09/07/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Dhuri And Barnala Cab Corp ## &                                                         |  | Term Loan                                           |  |                 | 06/03/13 |  |              |  | 06/03/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.80 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 320 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Alika Awan Trans Corp ## &                                                              |  | Term Loan                                           |  |                 | 09/04/13 |  |              |  | 09/04/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.85 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Mian Cab Corp ## &                                                                      |  | Term Loan                                           |  |                 | 01/21/14 |  |              |  | 01/21/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Eli Parada ## &                                                                         |  | Term Loan                                           |  |                 | 11/27/13 |  |              |  | 11/27/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.65 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Strivers Way Inc ## &                                                                   |  | Term Loan                                           |  |                 | 12/17/13 |  |              |  | 12/17/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.85 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 349 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Ahmed Elsayed ## &                                                                      |  | Term Loan                                           |  |                 | 11/22/13 |  |              |  | 11/22/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Joseph W Charles &                                                                      |  | Term Loan                                           |  |                 | 05/27/14 |  |              |  | 05/27/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.70 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Guy Merisier ## &                                                                       |  | Term Loan                                           |  |                 | 07/25/14 |  |              |  | 07/25/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 334 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Yvon Louissaint ## &                                                                    |  | Term Loan                                           |  |                 | 02/20/14 |  |              |  | 02/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.88 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 322 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Kawarjeet Singh & Maan Singh ## &                                                       |  | Term Loan                                           |  |                 | 05/15/13 |  |              |  | 12/08/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Rahul Amin ## &                                                                         |  | Term Loan                                           |  |                 | 06/11/14 |  |              |  | 06/26/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.63 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Eustache Romain ## &                                                                    |  | Term Loan                                           |  |                 | 02/26/13 |  |              |  | 04/06/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 330 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Louis A Alphonse ## &                                                                   |  | Term Loan                                           |  |                 | 02/21/13 |  |              |  | 02/18/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 327 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | David Mashkabov ## &                                                                    |  | Term Loan                                           |  |                 | 10/26/11 |  |              |  | 10/24/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Alexander A Malamud ## &                                                                |  | Term Loan                                           |  |                 | 02/28/13 |  |              |  | 02/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 321 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Sweeney And Sweeney ## &                                                                |  | Term Loan                                           |  |                 | 09/29/15 |  |              |  | 03/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 315 |  |  | $ | 315 |  |  | $ | 315 | 
|                       |  |  |  | Man Singh ## &                                                                          |  | Term Loan                                           |  |                 | 02/25/13 |  |              |  | 02/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 555 |  |  | $ | 555 |  |  | $ | 315 | 
|                       |  |  |  | Amjad Abbas ## &                                                                        |  | Term Loan                                           |  |                 | 12/19/13 |  |              |  | 12/19/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 488 |  |  | $ | 488 |  |  | $ | 315 | 
|                       |  |  |  | Frantz Louhis & Joseph Paul ## &                                                        |  | Term Loan                                           |  |                 | 06/08/12 |  |              |  | 06/08/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 484 |  |  | $ | 470 |  |  | $ | 315 | 
|                       |  |  |  | Jose F Pimentel ## &                                                                    |  | Term Loan                                           |  |                 | 05/14/14 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 686 |  |  | $ | 686 |  |  | $ | 315 | 
|                       |  |  |  | Garcha Randhawa Taxi Corp ## &                                                          |  | Term Loan                                           |  |                 | 05/31/13 |  |              |  | 07/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 767 |  |  | $ | 735 |  |  | $ | 315 | 
|                       |  |  |  | Leo P. Roland ## &                                                                      |  | Term Loan                                           |  |                 | 12/03/13 |  |              |  | 02/03/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 664 |  |  | $ | 646 |  |  | $ | 315 | 
|                       |  |  |  | Malkit Singh ##                                                                         |  | Term Loan                                           |  |                 | 07/16/15 |  |              |  | 01/16/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 314 |  |  | $ | 314 |  |  | $ | 314 | 
|                       |  |  |  | Avner Ben-Levy ## &                                                                     |  | Term Loan                                           |  |                 | 05/29/12 |  |              |  | 05/28/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 346 |  |  | $ | 315 |  |  | $ | 314 | 
|                       |  |  |  | Essa & Soliman Transit Inc ##                                                           |  | Term Loan                                           |  |                 | 04/19/13 |  |              |  | 03/08/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 307 |  |  | $ | 307 |  |  | $ | 307 | 
|                       |  |  |  | Rehmet Khan ##                                                                          |  | Term Loan                                           |  |                 | 03/11/15 |  |              |  | 03/08/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 304 |  |  | $ | 304 |  |  | $ | 304 | 
|                       |  |  |  | Georges Desrosiers ## (interest rate includes deferred interest of 2.50%)               |  | Term Loan                                           |  |                 | 12/22/17 |  |              |  | 12/22/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 301 |  |           | $ | 301 |  |  | $ | 301 |  |  | $ | 303 | 
|                       |  |  |  | Surjit Singh ##                                                                         |  | Term Loan                                           |  |                 | 10/25/13 |  |              |  | 10/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.80 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 301 |  |  | $ | 301 |  |  | $ | 301 | 
|                       |  |  |  | Bj Cab Corp/Note 1 Of 2 {Annually-Prime plus 1.00%}                                     |  | Term Loan                                           |  |                 | 06/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 291 |  |  | $ | 293 |  |  | $ | 293 | 
|                       |  |  |  | Bj Cab Corp/Note 2 Of 2 {Annually-Prime plus 1.00%}                                     |  | Term Loan                                           |  |                 | 06/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 291 |  |  | $ | 293 |  |  | $ | 293 | 
|                       |  |  |  | Joubert Toussaint ##                                                                    |  | Term Loan                                           |  |                 | 03/09/15 |  |              |  | 03/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 285 |  |  | $ | 285 |  |  | $ | 285 | 
|                       |  |  |  | Jasvir Singh                                                                            |  | Term Loan                                           |  |                 | 11/27/12 |  |              |  | 11/27/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 277 |  |  | $ | 279 |  |  | $ | 281 | 
|                       |  |  |  | King D Taxi Inc ## {Annually-Prime}                                                     |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 277 |  |  | $ | 277 |  |  | $ | 277 | 
|                       |  |  |  | Crossbow Taxi Inc ## {Annually-Prime}                                                   |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 277 |  |  | $ | 277 |  |  | $ | 277 | 
|                       |  |  |  | Petia Cab Corporation ## {Annually-Prime}                                               |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 277 |  |  | $ | 277 |  |  | $ | 277 | 
|                       |  |  |  | King Verin Taxi Inc ## {Annually-Prime}                                                 |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 277 |  |  | $ | 277 |  |  | $ | 277 | 
|                       |  |  |  | Cleopatra Cab Corp ## {Annually-Prime}                                                  |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 10/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 277 |  |  | $ | 277 |  |  | $ | 277 | 
|                       |  |  |  | Musa Corp ##                                                                            |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 276 |  |  | $ | 276 |  |  | $ | 277 | 
|                       |  |  |  | Macbak Trans Corp ##                                                                    |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 276 |  |  | $ | 276 |  |  | $ | 277 | 
|                       |  |  |  | Micdavid Hacking Corp ##                                                                |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 276 |  |  | $ | 276 |  |  | $ | 277 | 
|                       |  |  |  | Aem Transportation Corp ##                                                              |  | Term Loan                                           |  |                 | 01/26/15 |  |              |  | 01/26/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 276 |  |  | $ | 276 |  |  | $ | 277 | 
|                       |  |  |  | Espiye Taxi Corp (interest rate includes deferred interest of 2.75%)                    |  | Term Loan                                           |  |                 | 05/23/14 |  |              |  | 05/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 12                   |  |  |          |     |  |           | $ | 718 |  |  | $ | 720 |  |  | $ | 270 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                    |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |     |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | ---------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                       |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Eugenio & Ayodele Trans Corp & (interest rate includes deferred interest of 2.50%) |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 03/28/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 13                   |  |  |          |     |  |           | $ | 662 |  |  | $ | 637 |  |  | $ | 268 | 
|                       |  |  |  | Amr & Rina Taxi Inc &                                                              |  | Term Loan                                           |  |                 | 07/15/13 |  |              |  | 06/26/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 268 |  |  | $ | 268 |  |  | $ | 268 | 
|                       |  |  |  | Anmol Usa LLC ## &                                                                 |  | Term Loan                                           |  |                 | 10/01/14 |  |              |  | 09/26/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 268 |  |  | $ | 268 |  |  | $ | 268 | 
|                       |  |  |  | Gilzian Enterprise LLC ## &                                                        |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 05/22/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.88 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 268 |  |  | $ | 268 |  |  | $ | 268 | 
|                       |  |  |  | Jean B Guerrier ## &                                                               |  | Term Loan                                           |  |                 | 08/08/12 |  |              |  | 08/10/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 268 |  |  | $ | 268 |  |  | $ | 268 | 
|                       |  |  |  | Senoz Cab Corp &                                                                   |  | Term Loan                                           |  |                 | 05/23/14 |  |              |  | 05/23/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 301 |  |  | $ | 268 |  |  | $ | 268 | 
|                       |  |  |  | Kornos Taxi Inc ## &                                                               |  | Term Loan                                           |  |                 | 09/04/12 |  |              |  | 09/04/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 265 |  |  | $ | 265 |  |  | $ | 265 | 
|                       |  |  |  | Elsayed A Hassan ##                                                                |  | Term Loan                                           |  |                 | 12/12/17 |  |              |  | 12/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 258 |  |           | $ | 258 |  |  | $ | 258 |  |  | $ | 260 | 
|                       |  |  |  | Sincere Cab Corp ##                                                                |  | Term Loan                                           |  |                 | 06/21/11 |  |              |  | 06/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 263 |  |  | $ | 263 |  |  | $ | 260 | 
|                       |  |  |  | Platform Taxi Service/Mbank                                                        |  | Term Loan                                           |  |                 | 05/04/12 |  |              |  | 12/15/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.92 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 252 |  |  | $ | 252 |  |  | $ | 252 | 
|                       |  |  |  | Zorro Taxi Inc ##                                                                  |  | Term Loan                                           |  |                 | 12/20/13 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 245 |  |  | $ | 245 |  |  | $ | 245 | 
|                       |  |  |  | Kesef Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)           |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 4                    |  |  |          |     |  |           | $ | 244 |  |  | $ | 244 |  |  | $ | 244 | 
|                       |  |  |  | Mohammmed H Iqbal ##                                                               |  | Term Loan                                           |  |                 | 09/14/12 |  |              |  | 03/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 229 |  |  | $ | 229 |  |  | $ | 229 | 
|                       |  |  |  | Ede Service Corp ##                                                                |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 210 |  |  | $ | 210 |  |  | $ | 210 | 
|                       |  |  |  | Daniel Victor ##                                                                   |  | Term Loan                                           |  |                 | 05/09/16 |  |              |  | 05/09/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 204 |  |  | $ | 204 |  |  | $ | 205 | 
|                       |  |  |  | Corsi Cab Corp ##                                                                  |  | Term Loan                                           |  |                 | 06/21/11 |  |              |  | 06/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 197 |  |  | $ | 197 |  |  | $ | 196 | 
|                       |  |  |  | Anba Taxi Inc ##                                                                   |  | Term Loan                                           |  |                 | 06/21/11 |  |              |  | 06/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 197 |  |  | $ | 197 |  |  | $ | 195 | 
|                       |  |  |  | Lissade Aurelus ## & {Annually-Prime plus 1.00%}                                   |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/03/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 184 |  |  | $ | 184 |  |  | $ | 184 | 
|                       |  |  |  | Jackie L Chaiken ## &                                                              |  | Term Loan                                           |  |                 | 09/20/16 |  |              |  | 03/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 175 |  |  | $ | 175 |  |  | $ | 176 | 
|                       |  |  |  | Birk Cab Corp/Note 1 ## & (interest rate includes deferred interest of 1.25%)      |  | Term Loan                                           |  |                 | 03/11/15 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 5                    |  |  |          |     |  |           | $ | 182 |  |  | $ | 170 |  |  | $ | 171 | 
|                       |  |  |  | Valeri AminovNote 1                                                               |  | Term Loan                                           |  |                 | 02/25/15 |  |              |  | 02/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 168 |  |  | $ | 170 |  |  | $ | 170 | 
|                       |  |  |  | Wai Tat Louie                                                                      |  | Term Loan                                           |  |                 | 05/07/15 |  |              |  | 05/25/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 159 |  |  | $ | 161 |  |  | $ | 161 | 
|                       |  |  |  | Mohammad Ashraf Ali ##                                                             |  | Term Loan                                           |  |                 | 01/17/12 |  |              |  | 01/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 154 |  |  | $ | 154 |  |  | $ | 154 | 
|                       |  |  |  | Ede Service Corp/Mfun                                                              |  | Term Loan                                           |  |                 | 07/24/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 151 |  |  | $ | 153 |  |  | $ | 153 | 
|                       |  |  |  | Birk Cab Corp/Note 2 ## & (interest rate includes deferred interest of 1.25%)      |  | Term Loan                                           |  |                 | 03/11/15 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 3                    |  |  |          |     |  |           | $ | 157 |  |  | $ | 145 |  |  | $ | 146 | 
|                       |  |  |  | Jo & Dimi LLC ##                                                                   |  | Term Loan                                           |  |                 | 09/17/15 |  |              |  | 09/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.10 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 140 |  |  | $ | 140 |  |  | $ | 141 | 
|                       |  |  |  | Ny Diploma Taxi Co ##                                                              |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 140 |  |  | $ | 140 |  |  | $ | 140 | 
|                       |  |  |  | Wan Sang Lau & Mary Quan Lau ##                                                    |  | Term Loan                                           |  |                 | 03/18/16 |  |              |  | 03/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 137 |  |  | $ | 137 |  |  | $ | 137 | 
|                       |  |  |  | Sofi Hacking Corp ##                                                               |  | Term Loan                                           |  |                 | 05/11/15 |  |              |  | 05/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 125 |  |  | $ | 125 |  |  | $ | 125 | 
|                       |  |  |  | Mk Multani/B Note                                                                  |  | Term Loan                                           |  |                 | 04/13/15 |  |              |  | 11/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 125 |  |  | $ | 125 |  |  | $ | 125 | 
|                       |  |  |  | Joseph Bologna ## {Annually-Prime plus 1.00%}                                      |  | Term Loan                                           |  |                 | 10/06/10 |  |              |  | 09/29/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 117 |  |  | $ | 117 |  |  | $ | 117 | 
|                       |  |  |  | Sunu Miah And M Jahangi/Mbnk & (interest rate includes deferred interest of 2.25%) |  | Term Loan                                           |  |                 | 05/12/14 |  |              |  | 08/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 3                    |  |  |          |     |  |           | $ | 108 |  |  | $ | 108 |  |  | $ | 108 | 
|                       |  |  |  | Roman Fermin ##                                                                    |  | Term Loan                                           |  |                 | 08/09/13 |  |              |  | 07/29/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 105 |  |  | $ | 105 |  |  | $ | 105 | 
|                       |  |  |  | Ny Diploma Taxi Corp/Mfun                                                          |  | Term Loan                                           |  |                 | 07/24/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 101 |  |  | $ | 103 |  |  | $ | 103 | 
|                       |  |  |  | Valeri AminovNote 1                                                               |  | Term Loan                                           |  |                 | 02/25/15 |  |              |  | 02/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 95  |  |  | $ | 97  |  |  | $ | 97  | 
|                       |  |  |  | Jaswinder Singh/Note B (interest rate includes deferred interest of 2.00%)         |  | Term Loan                                           |  |                 | 04/27/16 |  |              |  | 04/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 3                    |  |  |          |     |  |           | $ | 84  |  |  | $ | 84  |  |  | $ | 84  | 
|                       |  |  |  | 1212 Taxi LLC (interest rate includes deferred interest of 1.75%)                  |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 12                   |  |  | $        | 750 |  |           | $ | 75  |  |  | $ | 75  |  |  | $ | 76  | 
|                       |  |  |  | Y Joey Taxi Inc (interest rate includes deferred interest of 1.75%)                |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 7                    |  |  | $        | 400 |  |           | $ | 74  |  |  | $ | 74  |  |  | $ | 75  | 
|                       |  |  |  | Nicolae Blidariu                                                                   |  | Term Loan                                           |  |                 | 02/29/08 |  |              |  | 02/28/23 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 73  |  |  | $ | 75  |  |  | $ | 75  | 
|                       |  |  |  | Bu Taxi LLC/Mbank (interest rate includes deferred interest of 1.75%)              |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 1                    |  |  | $        | 75  |  |           | $ | 73  |  |  | $ | 73  |  |  | $ | 73  | 
|                       |  |  |  | Ede Service Corp                                                                   |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.81 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 70  |  |  | $ | 70  |  |  | $ | 70  | 
|                       |  |  |  | Jean Pierre Trans Inc                                                              |  | Term Loan                                           |  |                 | 02/26/14 |  |              |  | 02/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 62  |  |  | $ | 62  |  |  | $ | 62  | 
|                       |  |  |  | Tyme Cab Corp (interest rate includes deferred interest of 2.75%)                  |  | Term Loan                                           |  |                 | 06/26/14 |  |              |  | 06/25/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 6                    |  |  |          |     |  |           | $ | 60  |  |  | $ | 60  |  |  | $ | 60  | 
|                       |  |  |  | Y Mommy Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)         |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 1                    |  |  | $        | 60  |  |           | $ | 59  |  |  | $ | 59  |  |  | $ | 59  | 
|                       |  |  |  | Ruckman Hacking Corp {Annually-Prime plus .25%}                                    |  | Term Loan                                           |  |                 | 08/30/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 56  |  |  | $ | 56  |  |  | $ | 56  | 
|                       |  |  |  | Sonnet Service Co Inc {Annually-Prime plus .25%}                                   |  | Term Loan                                           |  |                 | 08/30/13 |  |              |  | 03/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 56  |  |  | $ | 56  |  |  | $ | 56  | 
|                       |  |  |  | Chahal & Nahal LLC (interest rate includes deferred interest of 4.165%)            |  | Term Loan                                           |  |                 | 04/21/14 |  |              |  | 04/21/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 8.33 | %                                   |  | $ | 2                    |  |  |          |     |  |           | $ | 56  |  |  | $ | 56  |  |  | $ | 56  | 
|                       |  |  |  | Goodspeed Transit Inc {Annually-Prime plus .50%}                                   |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 54  |  |  | $ | 54  |  |  | $ | 54  | 
|                       |  |  |  | Abdul H Abid ##                                                                    |  | Term Loan                                           |  |                 | 04/24/14 |  |              |  | 04/24/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 53  |  |  | $ | 53  |  |  | $ | 54  | 
|                       |  |  |  | Mode Service Corp                                                                  |  | Term Loan                                           |  |                 | 06/02/11 |  |              |  | 06/01/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 54  |  |  | $ | 54  |  |  | $ | 54  | 
|                       |  |  |  | Y Daddy Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)         |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 1                    |  |  |          |     |  |           | $ | 53  |  |  | $ | 53  |  |  | $ | 53  | 
|                       |  |  |  | Eddy Joseph                                                                        |  | Term Loan                                           |  |                 | 02/02/15 |  |              |  | 02/02/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 51  |  |  | $ | 51  |  |  | $ | 52  | 
|                       |  |  |  | Cora Hacking Corp                                                                  |  | Term Loan                                           |  |                 | 03/07/13 |  |              |  | 03/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 51  |  |  | $ | 51  |  |  | $ | 51  | 
|                       |  |  |  | M.Y. Taxi Inc (interest rate includes deferred interest of 1.75%)                  |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 16                   |  |  | $        | 960 |  |           | $ | 49  |  |  | $ | 49  |  |  | $ | 50  | 
|                       |  |  |  | Granny Hacking Corp                                                                |  | Term Loan                                           |  |                 | 03/07/13 |  |              |  | 03/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 50  |  |  | $ | 50  |  |  | $ | 50  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                                         |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |       |                                     |  |   |                      |  |  |          |     |  |           |   |     |  |  |   |     |  |  |   |    | 
|---------------------- |  |  |  | ------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ----- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- |  |  | - | -- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                                            |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |       | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Network Agami Cab Corp (interest rate includes deferred interest of 1.00%) {Annually-Prime minus 1.75%} |  | Term Loan                                           |  |                 | 02/27/13 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25  | %                                   |  | $ | 6                    |  |  |          |     |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Ptah Cab Corp (interest rate includes deferred interest of 1.00%) {Annually-Prime minus 1.75%}          |  | Term Loan                                           |  |                 | 03/12/14 |  |              |  | 05/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25  | %                                   |  | $ | 6                    |  |  |          |     |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Salih Boncukcu/Mbnk                                                                                     |  | Term Loan                                           |  |                 | 06/18/14 |  |              |  | 12/18/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 13.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Ny Diploma Taxi Co                                                                                      |  | Term Loan                                           |  |                 | 07/20/07 |  |              |  | 12/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 2.81  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 46  |  |  | $ | 46  |  |  | $ | 46 | 
|                       |  |  |  | Orbit Agami Cab LLC & {Annually-Prime minus .25%}                                                       |  | Term Loan                                           |  |                 | 11/05/10 |  |              |  | 10/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 44  |  |  | $ | 44  |  |  | $ | 44 | 
|                       |  |  |  | William G Ward ##                                                                                       |  | Term Loan                                           |  |                 | 04/29/13 |  |              |  | 04/26/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 43  |  |  | $ | 43  |  |  | $ | 43 | 
|                       |  |  |  | Justin Hacking Corp {Annually-Prime plus .50%}                                                          |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 42  |  |  | $ | 42  |  |  | $ | 42 | 
|                       |  |  |  | Soho Cab Corp &                                                                                         |  | Term Loan                                           |  |                 | 02/11/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 124 |  |  | $ | 53  |  |  | $ | 31 | 
|                       |  |  |  | Yme Transit Inc {Annually-Prime plus .50%}                                                              |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 29  |  |  | $ | 29  |  |  | $ | 29 | 
|                       |  |  |  | M.M.Y Taxi Inc (interest rate includes deferred interest of 1.75%)                                      |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 12                   |  |  |          |     |  |           | $ | 29  |  |  | $ | 29  |  |  | $ | 29 | 
|                       |  |  |  | Y Mati Taxi Inc/Mbnk (interest rate includes deferred interest of 1.75%)                                |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 29  |  |  | $ | 29  |  |  | $ | 29 | 
|                       |  |  |  | N&A Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)                                  |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 29  |  |  | $ | 29  |  |  | $ | 29 | 
|                       |  |  |  | Y Meir Taxi Inc/Mbnk (interest rate includes deferred interest of 1.75%)                                |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 29  |  |  | $ | 29  |  |  | $ | 29 | 
|                       |  |  |  | S&M Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)                                  |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 29  |  |  | $ | 29  |  |  | $ | 29 | 
|                       |  |  |  | Y Michal Taxi Inc/Mbnk (interest rate includes deferred interest of 1.75%)                              |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 29  |  |  | $ | 29  |  |  | $ | 29 | 
|                       |  |  |  | Fido Cab Corp {Annually-Prime plus .50%}                                                                |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 25  |  |  | $ | 25  |  |  | $ | 25 | 
|                       |  |  |  | Boris Ushman ##                                                                                         |  | Term Loan                                           |  |                 | 05/21/03 |  |              |  | 02/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 25  |  |  | $ | 25  |  |  | $ | 25 | 
|                       |  |  |  | Saba Moshe Taxi Inc (interest rate includes deferred interest of 1.75%)                                 |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 7                    |  |  | $        | 422 |  |           | $ | 21  |  |  | $ | 22  |  |  | $ | 24 | 
|                       |  |  |  | Bursa Cab Corp/Note 2                                                                                   |  | Term Loan                                           |  |                 | 03/23/01 |  |              |  | 09/10/23 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 22  |  |  | $ | 24  |  |  | $ | 24 | 
|                       |  |  |  | Neomi & Z Taxi Inc (interest rate includes deferred interest of 1.75%)                                  |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 7                    |  |  | $        | 422 |  |           | $ | 21  |  |  | $ | 21  |  |  | $ | 23 | 
|                       |  |  |  | M&J Taxi Inc (interest rate includes deferred interest of 1.75%)                                        |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 7                    |  |  | $        | 422 |  |           | $ | 21  |  |  | $ | 21  |  |  | $ | 23 | 
|                       |  |  |  | Maya Taxi Inc (interest rate includes deferred interest of 1.75%)                                       |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 7                    |  |  | $        | 422 |  |           | $ | 21  |  |  | $ | 21  |  |  | $ | 23 | 
|                       |  |  |  | Mtr Taxi Inc (interest rate includes deferred interest of 1.75%)                                        |  | Term Loan                                           |  |                 | 01/19/17 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 7                    |  |  | $        | 422 |  |           | $ | 21  |  |  | $ | 21  |  |  | $ | 23 | 
|                       |  |  |  | Bursa Cab Corp/Note 1                                                                                   |  | Term Loan                                           |  |                 | 03/23/01 |  |              |  | 09/10/23 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 20  |  |  | $ | 22  |  |  | $ | 22 | 
|                       |  |  |  | Opera Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)                                |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 20  |  |  | $ | 20  |  |  | $ | 20 | 
|                       |  |  |  | Ronen Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)                                |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 20  |  |  | $ | 20  |  |  | $ | 20 | 
|                       |  |  |  | Mry Taxi Inc/Mbank (interest rate includes deferred interest of 1.75%)                                  |  | Term Loan                                           |  |                 | 07/16/12 |  |              |  | 01/01/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 20  |  |  | $ | 20  |  |  | $ | 20 | 
|                       |  |  |  | Munir Ahmed Sahi ##                                                                                     |  | Term Loan                                           |  |                 | 08/13/15 |  |              |  | 08/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 20  |  |  | $ | 20  |  |  | $ | 20 | 
|                       |  |  |  | Sukhdev Singh & H Singh/B Note                                                                          |  | Term Loan                                           |  |                 | 07/13/16 |  |              |  | 07/13/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 17  |  |  | $ | 17  |  |  | $ | 19 | 
|                       |  |  |  | Vosiem Hacking Corp {Annually-Prime plus .50%}                                                          |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 16  |  |  | $ | 16  |  |  | $ | 16 | 
|                       |  |  |  | Surlak Taxi LLC/Mbnk (interest rate includes deferred interest of 9.187%)                               |  | Term Loan                                           |  |                 | 04/25/14 |  |              |  | 04/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 18.38 | %                                   |  | $ | 1                    |  |  |          |     |  |           | $ | 14  |  |  | $ | 14  |  |  | $ | 14 | 
|                       |  |  |  | Bj Cab Corp                                                                                             |  | Term Loan                                           |  |                 | 02/27/15 |  |              |  | 02/26/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 10  |  |  | $ | 12  |  |  | $ | 13 | 
|                       |  |  |  | Jose F Pimentel ##                                                                                      |  | Term Loan                                           |  |                 | 05/14/14 |  |              |  | 05/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 11  |  |  | $ | 11  |  |  | $ | 12 | 
|                       |  |  |  | Dominique Ismael &                                                                                      |  | Term Loan                                           |  |                 | 09/17/15 |  |              |  | 09/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 9   |  |  | $ | 9   |  |  | $ | 10 | 
|                       |  |  |  | Jean M Venord/Mbank                                                                                     |  | Term Loan                                           |  |                 | 04/10/17 |  |              |  | 04/10/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 9.25  | %                                   |  | $ | 0                    |  |  | $        | 8   |  |           | $ | 7   |  |  | $ | 7   |  |  | $ | 7  | 
|                       |  |  |  | Anastasios Tsiklidis                                                                                    |  | Term Loan                                           |  |                 | 04/15/11 |  |              |  | 01/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.60  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 2   |  |  | $ | 4   |  |  | $ | 4  | 
|                       |  |  |  | Amr Aly Shafshak/Note B &                                                                               |  | Term Loan                                           |  |                 | 10/24/17 |  |              |  | 10/24/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 0.00  | %                                   |  | $ | 0                    |  |  | $        | 307 |  |           | $ | 307 |  |  | $ | 307 |  |  | $ | 2  | 
|                       |  |  |  | Paros Taxi LLC &                                                                                        |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 309 |  |  | $ | 228 |  |  | $ | 1  | 
|                       |  |  |  | Ilker Altaygil &                                                                                        |  | Term Loan                                           |  |                 | 11/23/15 |  |              |  | 11/20/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 1   |  |  | $ | 1   |  |  | $ | 1  | 
|                       |  |  |  | D&P Baidwan LLC/Mbnk (interest rate includes deferred interest of 5.358%)                               |  | Term Loan                                           |  |                 | 05/20/14 |  |              |  | 05/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 10.72 | %                                   |  | $ | 3                    |  |  |          |     |  |           | $ | 84  |  |  | $ | 84  |  |  | $ | 0  | 
|                       |  |  |  | Pj Moe LLC/Mbnk & (interest rate includes deferred interest of 5.55%)                                   |  | Term Loan                                           |  |                 | 07/08/14 |  |              |  | 07/08/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 11.10 | %                                   |  | $ | 2                    |  |  |          |     |  |           | $ | 74  |  |  | $ | 74  |  |  | $ | 0  | 
|                       |  |  |  | Pakt Medallions LLC/Mbnk & (interest rate includes deferred interest of 6.75%)                          |  | Term Loan                                           |  |                 | 08/26/14 |  |              |  | 06/02/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 13.50 | %                                   |  | $ | 2                    |  |  |          |     |  |           | $ | 43  |  |  | $ | 41  |  |  | $ | 0  | 
|                       |  |  |  | Davinder Singh/Mbnk (interest rate includes deferred interest of 7.118%)                                |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 04/20/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 13.04 | %                                   |  | $ | 3                    |  |  |          |     |  |           | $ | 60  |  |  | $ | 60  |  |  | $ | 0  | 
|                       |  |  |  | Hshmul Taxi LLC/Mbnk &                                                                                  |  | Term Loan                                           |  |                 | 03/17/14 |  |              |  | 05/31/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 36  |  |  | $ | 34  |  |  | $ | 0  | 
|                       |  |  |  | Diin Taxi LLC/Mbnk &                                                                                    |  | Term Loan                                           |  |                 | 12/27/16 |  |              |  | 06/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 0.00  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 127 |  |  | $ | 119 |  |  | $ | 0  | 
|                       |  |  |  | Ramdas 4 Taxi LLC/Mbnk &                                                                                |  | Term Loan                                           |  |                 | 05/27/14 |  |              |  | 02/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50  | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 80  |  |  | $ | 71  |  |  | $ | 0  | 
|                       |  |  |  | Kero Taxi Corp/Mbnk                                                                                     |  | Term Loan                                           |  |                 | 05/30/14 |  |              |  | 11/30/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 10.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 74  |  |  | $ | 74  |  |  | $ | 0  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                                       |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                               |  |      |                                     |  |   |                      |  |  |          |   |  |           |   |        |  |  |   |        |  |  |   |        | 
|---------------------- |  |  |  | ------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | - |  | --------- | - | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                          |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |   |  | FairValue |  
|Chicago                |  |  |  |                                                                                       |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 107           |  |  |                  | 5 | % |                               |  | 4.74 | %                                   |  | $ | 227                  |  |  | $        | 0 |  |           | $ | 20,172 |  |  | $ | 19,436 |  |  | $ | 15,602 | 
|                       |  |  |  | Sweetgrass Peach &Chadwick Cap ## (interest rate includes deferred interest of 1.00%) |  | Term Loan                                           |  |                 | 08/28/12 |  |              |  | 02/24/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 20                   |  |  |          |   |  |           | $ | 1,374  |  |  | $ | 1,374  |  |  | $ | 1,374  | 
|                       |  |  |  | Regal Cab Company Et Al ## &                                                          |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 658    |  |  | $ | 658    |  |  | $ | 658    | 
|                       |  |  |  | Chicago Medallion Two LLC ## & (interest rate includes deferred interest of .75%)     |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75 | %                                   |  | $ | 14                   |  |  |          |   |  |           | $ | 485    |  |  | $ | 470    |  |  | $ | 470    | 
|                       |  |  |  | Chicago Medallion Three LLC ## & (interest rate includes deferred interest of .75%)   |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75 | %                                   |  | $ | 14                   |  |  |          |   |  |           | $ | 485    |  |  | $ | 470    |  |  | $ | 470    | 
|                       |  |  |  | Chicago Medallion Four LLC ## & (interest rate includes deferred interest of .75%)    |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75 | %                                   |  | $ | 14                   |  |  |          |   |  |           | $ | 485    |  |  | $ | 470    |  |  | $ | 470    | 
|                       |  |  |  | Chicago Medallion One LLC ## & (interest rate includes deferred interest of .75%)     |  | Term Loan                                           |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75 | %                                   |  | $ | 14                   |  |  |          |   |  |           | $ | 485    |  |  | $ | 470    |  |  | $ | 470    | 
|                       |  |  |  | Moo Moo Cab Co ## {Annually-Prime plus 2.00%}                                         |  | Term Loan                                           |  |                 | 08/14/13 |  |              |  | 08/04/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 418    |  |  | $ | 418    |  |  | $ | 418    | 
|                       |  |  |  | Blue Valentine Cab Corp {Annually-Prime plus 2.00%}                                   |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 408    |  |  | $ | 408    |  |  | $ | 408    | 
|                       |  |  |  | Tumblin Dice Taxi Inc {Annually-Prime plus 2.00%}                                     |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 407    |  |  | $ | 407    |  |  | $ | 407    | 
|                       |  |  |  | Musanour Cab Inc ##                                                                   |  | Term Loan                                           |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 407    |  |  | $ | 407    |  |  | $ | 407    | 
|                       |  |  |  | Chicago Medallion Nine LLC ## &                                                       |  | Term Loan                                           |  |                 | 05/02/12 |  |              |  | 05/02/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 392    |  |  | $ | 376    |  |  | $ | 376    | 
|                       |  |  |  | Blue Eyes Cab Corp ## & {Annually-Prime}                                              |  | Term Loan                                           |  |                 | 12/22/15 |  |              |  | 12/22/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 284    |  |  | $ | 282    |  |  | $ | 283    | 
|                       |  |  |  | Lucky Seven Chicago One Inc ## & {Annually-Prime}                                     |  | Term Loan                                           |  |                 | 12/22/15 |  |              |  | 12/22/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 284    |  |  | $ | 282    |  |  | $ | 283    | 
|                       |  |  |  | Ray Cab Company &                                                                     |  | Term Loan                                           |  |                 | 07/22/15 |  |              |  | 07/22/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 287    |  |  | $ | 282    |  |  | $ | 283    | 
|                       |  |  |  | Rahwa & Bros Cab Co, Et Al ## &                                                       |  | Term Loan                                           |  |                 | 04/11/14 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 329    |  |  | $ | 282    |  |  | $ | 283    | 
|                       |  |  |  | Met Cab Co ## &                                                                       |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 282    |  |  | $ | 282    |  |  | $ | 282    | 
|                       |  |  |  | Michael Two Cab Corp ## &                                                             |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 282    |  |  | $ | 282    |  |  | $ | 282    | 
|                       |  |  |  | American Buffalo Cab Corp {Annually-Prime plus 2.00%}                                 |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 273    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Little Wing Cab Corp {Annually-Prime plus 2.00%}                                      |  | Term Loan                                           |  |                 | 04/10/13 |  |              |  | 04/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 274    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Valasia Cab Co ##                                                                     |  | Term Loan                                           |  |                 | 01/18/12 |  |              |  | 01/18/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 238    |  |  | $ | 238    |  |  | $ | 238    | 
|                       |  |  |  | Cozy Cab Co ## &                                                                      |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 240    |  |  | $ | 235    |  |  | $ | 236    | 
|                       |  |  |  | Natalia Taxi Corp ## &                                                                |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 235    |  |  | $ | 235    |  |  | $ | 236    | 
|                       |  |  |  | Natasha Transportation Inc ## &                                                       |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 235    |  |  | $ | 235    |  |  | $ | 236    | 
|                       |  |  |  | N And M Valdof Hacking Corp ## &                                                      |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 235    |  |  | $ | 235    |  |  | $ | 236    | 
|                       |  |  |  | Harriet C Inc ## & (interest rate includes deferred interest of 2.75%)                |  | Term Loan                                           |  |                 | 10/19/12 |  |              |  | 10/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 29                   |  |  |          |   |  |           | $ | 859    |  |  | $ | 859    |  |  | $ | 235    | 
|                       |  |  |  | Dell Cab Corp ## &                                                                    |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 235    |  |  | $ | 235    |  |  | $ | 235    | 
|                       |  |  |  | Mike Taxi Corp ## &                                                                   |  | Term Loan                                           |  |                 | 05/01/13 |  |              |  | 05/01/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 235    |  |  | $ | 235    |  |  | $ | 235    | 
|                       |  |  |  | Lmb Taxi V Inc ## &                                                                   |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 235    |  |  | $ | 235    |  |  | $ | 235    | 
|                       |  |  |  | Lmb Taxi Iv Inc ## &                                                                  |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 235    |  |  | $ | 235    |  |  | $ | 235    | 
|                       |  |  |  | Glti Cab Corp &                                                                       |  | Term Loan                                           |  |                 | 03/10/15 |  |              |  | 03/10/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 210    |  |  | $ | 210    |  |  | $ | 210    | 
|                       |  |  |  | Aniba Management & Services In ##                                                     |  | Term Loan                                           |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 202    |  |  | $ | 202    |  |  | $ | 203    | 
|                       |  |  |  | Santorini Four Cab Corp ## & (interest rate includes deferred interest of 1.50%)      |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 9                    |  |  |          |   |  |           | $ | 704    |  |  | $ | 674    |  |  | $ | 189    | 
|                       |  |  |  | Showcase Sports Management Cor ##                                                     |  | Term Loan                                           |  |                 | 01/22/10 |  |              |  | 03/11/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 189    |  |  | $ | 189    |  |  | $ | 189    | 
|                       |  |  |  | Santorini Five Cab Corp ## & (interest rate includes deferred interest of 1.50%)      |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 9                    |  |  |          |   |  |           | $ | 704    |  |  | $ | 674    |  |  | $ | 188    | 
|                       |  |  |  | Santorini Six Cab Corp ## & (interest rate includes deferred interest of 1.50%)       |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 9                    |  |  |          |   |  |           | $ | 704    |  |  | $ | 674    |  |  | $ | 188    | 
|                       |  |  |  | Tribeca Two Cab Corp ## & (interest rate includes deferred interest of 1.50%)         |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 9                    |  |  |          |   |  |           | $ | 704    |  |  | $ | 674    |  |  | $ | 188    | 
|                       |  |  |  | Chicago Medallion Seven LLC ## &                                                      |  | Term Loan                                           |  |                 | 05/02/12 |  |              |  | 05/02/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 196    |  |  | $ | 188    |  |  | $ | 188    | 
|                       |  |  |  | Dome Cab Corp ## &                                                                    |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 141    |  |  | $ | 141    |  |  | $ | 142    | 
|                       |  |  |  | Mikhalia Cabs Nine Inc ## &                                                           |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 141    |  |  | $ | 141    |  |  | $ | 141    | 
|                       |  |  |  | Kayla Hacking Corp ## &                                                               |  | Term Loan                                           |  |                 | 07/12/12 |  |              |  | 06/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 141    |  |  | $ | 141    |  |  | $ | 141    | 
|                       |  |  |  | Carol Of Illinois Enterprises &                                                       |  | Term Loan                                           |  |                 | 09/19/14 |  |              |  | 09/19/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 644    |  |  | $ | 644    |  |  | $ | 141    | 
|                       |  |  |  | Addis Flower Taxi Cab Service                                                         |  | Term Loan                                           |  |                 | 02/27/14 |  |              |  | 02/27/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 100    |  |  | $ | 100    |  |  | $ | 101    | 
|                       |  |  |  | Bedford Cab Two Corp {Annually-Prime plus .75%}                                       |  | Term Loan                                           |  |                 | 07/30/10 |  |              |  | 03/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 100    |  |  | $ | 100    |  |  | $ | 100    | 
|                       |  |  |  | Paik Cab Co                                                                           |  | Term Loan                                           |  |                 | 05/30/14 |  |              |  | 05/30/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 98     |  |  | $ | 98     |  |  | $ | 99     | 
|                       |  |  |  | Jiffy Cab Co ## &                                                                     |  | Term Loan                                           |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 100    |  |  | $ | 94     |  |  | $ | 95     | 
|                       |  |  |  | Myrtos Cab Corp &                                                                     |  | Term Loan                                           |  |                 | 03/25/15 |  |              |  | 03/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 109    |  |  | $ | 94     |  |  | $ | 95     | 
|                       |  |  |  | Taxi For Less Inc &                                                                   |  | Term Loan                                           |  |                 | 09/19/14 |  |              |  | 03/31/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 2.00 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 110    |  |  | $ | 94     |  |  | $ | 95     | 
|                       |  |  |  | Coffee Taxi LLC ## & (interest rate includes deferred interest of 1.50%)              |  | Term Loan                                           |  |                 | 10/10/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 6                    |  |  |          |   |  |           | $ | 441    |  |  | $ | 418    |  |  | $ | 94     | 
|                       |  |  |  | Asmara Cab Company ##                                                                 |  | Term Loan                                           |  |                 | 12/01/11 |  |              |  | 12/29/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 93     |  |  | $ | 93     |  |  | $ | 93     | 
|                       |  |  |  | Imc Cab Corp {Annually-Prime plus .75%}                                               |  | Term Loan                                           |  |                 | 08/27/10 |  |              |  | 03/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |   |  |           | $ | 85     |  |  | $ | 85     |  |  | $ | 85     | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                              |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |  |  |           |   |     |  |  |   |     |  |  |   |    | 
|---------------------- |  |  |  | ---------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- |  |  | --------- | - | --- |  |  | - | --- |  |  | - | -- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                 |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |  |  | FairValue |  
|                       |  |  |  | Grapevine Taxi LLC ## & (interest rate includes deferred interest of 1.50%)  |  | Term Loan                                           |  |                 | 10/10/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 2                    |  |  |          |  |  |           | $ | 161 |  |  | $ | 153 |  |  | $ | 49 | 
|                       |  |  |  | C Dortch Inc ## & (interest rate includes deferred interest of 1.50%)        |  | Term Loan                                           |  |                 | 12/04/13 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 2                    |  |  |          |  |  |           | $ | 182 |  |  | $ | 174 |  |  | $ | 49 | 
|                       |  |  |  | Karbala Express Inc ## &                                                     |  | Term Loan                                           |  |                 | 02/26/13 |  |              |  | 05/26/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Shere Corp ## &                                                              |  | Term Loan                                           |  |                 | 07/26/13 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Tahoora Transportation Inc. ## &                                             |  | Term Loan                                           |  |                 | 07/26/13 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Alkarim Chicago Inc ## &                                                     |  | Term Loan                                           |  |                 | 11/27/13 |  |              |  | 11/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 55  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Tekezze Inc &                                                                |  | Term Loan                                           |  |                 | 12/11/13 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 54  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Three Kids Corp &                                                            |  | Term Loan                                           |  |                 | 04/15/13 |  |              |  | 04/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 62  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Nakfa Corp ## &                                                              |  | Term Loan                                           |  |                 | 06/17/13 |  |              |  | 06/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.88 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 49  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Adom Enterprise, Inc ## &                                                    |  | Term Loan                                           |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 51  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Nike Yomi Inc ## &                                                           |  | Term Loan                                           |  |                 | 08/06/13 |  |              |  | 08/06/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 60  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Tad Taxi Co ## &                                                             |  | Term Loan                                           |  |                 | 11/13/13 |  |              |  | 11/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 54  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Life Cab Corp ## &                                                           |  | Term Loan                                           |  |                 | 09/18/13 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Sabina Cab Inc &                                                             |  | Term Loan                                           |  |                 | 04/19/13 |  |              |  | 04/19/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 49  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Alem B Cab Inc ## &                                                          |  | Term Loan                                           |  |                 | 01/22/13 |  |              |  | 01/22/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Alex Z Cab Corp &                                                            |  | Term Loan                                           |  |                 | 04/22/13 |  |              |  | 04/22/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 56  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Zeyrefda Inc ## &                                                            |  | Term Loan                                           |  |                 | 05/17/13 |  |              |  | 05/17/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 51  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Interwoodex Inc ## &                                                         |  | Term Loan                                           |  |                 | 11/07/13 |  |              |  | 11/07/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 53  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Nour Enterprise Inc ## &                                                     |  | Term Loan                                           |  |                 | 09/16/13 |  |              |  | 09/16/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Naneffe Inc ## &                                                             |  | Term Loan                                           |  |                 | 03/15/13 |  |              |  | 03/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 55  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Moses J Frank &                                                              |  | Term Loan                                           |  |                 | 04/26/13 |  |              |  | 04/26/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 7.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 56  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Yenemekoya Inc ## &                                                          |  | Term Loan                                           |  |                 | 06/28/13 |  |              |  | 06/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 51  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Helen Habte Corp ## &                                                        |  | Term Loan                                           |  |                 | 10/01/13 |  |              |  | 02/03/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 55  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Antar Trans Inc &                                                            |  | Term Loan                                           |  |                 | 01/17/14 |  |              |  | 01/17/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Bashiru Habib &                                                              |  | Term Loan                                           |  |                 | 07/09/14 |  |              |  | 07/09/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 48  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Wubshet Inc ## &                                                             |  | Term Loan                                           |  |                 | 09/25/13 |  |              |  | 09/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Tyrone Henderson &                                                           |  | Term Loan                                           |  |                 | 03/12/14 |  |              |  | 07/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 48  |  |  | $ | 47  |  |  | $ | 48 | 
|                       |  |  |  | Measho Cab Corp &                                                            |  | Term Loan                                           |  |                 | 08/08/16 |  |              |  | 08/08/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 74  |  |  | $ | 74  |  |  | $ | 48 | 
|                       |  |  |  | Annabelle Cab Corporation ## &                                               |  | Term Loan                                           |  |                 | 02/14/14 |  |              |  | 03/12/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Pireas Taxi Corp ## &                                                        |  | Term Loan                                           |  |                 | 06/07/13 |  |              |  | 06/07/16 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 50  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Semhar Corp ## &                                                             |  | Term Loan                                           |  |                 | 01/31/12 |  |              |  | 01/31/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Jpg Cab Corp &                                                               |  | Term Loan                                           |  |                 | 04/23/12 |  |              |  | 04/23/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Significant Trans Inc ## &                                                   |  | Term Loan                                           |  |                 | 04/06/12 |  |              |  | 04/06/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Asmara Inc ## &                                                              |  | Term Loan                                           |  |                 | 04/11/13 |  |              |  | 04/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Kalib 2010 Inc ## &                                                          |  | Term Loan                                           |  |                 | 07/16/13 |  |              |  | 07/16/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Delina Cab Inc &                                                             |  | Term Loan                                           |  |                 | 01/22/13 |  |              |  | 01/22/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Les & Thera LLC &                                                            |  | Term Loan                                           |  |                 | 05/08/13 |  |              |  | 05/08/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Yemi Taxi Corp ## &                                                          |  | Term Loan                                           |  |                 | 08/01/13 |  |              |  | 08/01/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Rahel Express Inc ## &                                                       |  | Term Loan                                           |  |                 | 12/27/13 |  |              |  | 12/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Adi Express Inc ## &                                                         |  | Term Loan                                           |  |                 | 09/21/12 |  |              |  | 09/21/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Tigray Cab Inc &                                                             |  | Term Loan                                           |  |                 | 03/28/13 |  |              |  | 03/28/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 47  |  |  | $ | 47  |  |  | $ | 47 | 
|                       |  |  |  | Ali Taxi Corp ##                                                             |  | Term Loan                                           |  |                 | 08/13/13 |  |              |  | 08/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 21  |  |  | $ | 21  |  |  | $ | 21 | 
|                       |  |  |  | Sny Cab Inc ##                                                               |  | Term Loan                                           |  |                 | 12/14/11 |  |              |  | 12/28/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 19  |  |  | $ | 19  |  |  | $ | 19 | 
|                       |  |  |  | Ade Taxi Corp                                                                |  | Term Loan                                           |  |                 | 12/08/14 |  |              |  | 12/08/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 15  |  |  | $ | 15  |  |  | $ | 16 | 
|                       |  |  |  | Top Cab Corp                                                                 |  | Term Loan                                           |  |                 | 05/14/15 |  |              |  | 05/14/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |  |  |           | $ | 15  |  |  | $ | 15  |  |  | $ | 16 | 
|                       |  |  |  | Hudson Cab Corp & (interest rate includes deferred interest of 1.50%)        |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 13                   |  |  |          |  |  |           | $ | 90  |  |  | $ | 48  |  |  | $ | 14 | 
|                       |  |  |  | Oia Cab Corp & (interest rate includes deferred interest of 1.50%)           |  | Term Loan                                           |  |                 | 08/01/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 13                   |  |  |          |  |  |           | $ | 93  |  |  | $ | 43  |  |  | $ | 12 | 
|                       |  |  |  | Tribeca Three Cab Corp & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 10                   |  |  |          |  |  |           | $ | 73  |  |  | $ | 38  |  |  | $ | 10 | 
|                       |  |  |  | Santorini Two Cab Corp & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 08/01/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 11                   |  |  |          |  |  |           | $ | 74  |  |  | $ | 34  |  |  | $ | 9  | 
|                       |  |  |  | Stny Taxi Corp & (interest rate includes deferred interest of 1.50%)         |  | Term Loan                                           |  |                 | 08/01/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 11                   |  |  |          |  |  |           | $ | 74  |  |  | $ | 32  |  |  | $ | 9  | 
|                       |  |  |  | Greenwich Cab Corp & (interest rate includes deferred interest of 1.50%)     |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 8                    |  |  |          |  |  |           | $ | 56  |  |  | $ | 28  |  |  | $ | 8  | 
|                       |  |  |  | Any Cab Two Corp & (interest rate includes deferred interest of 1.50%)       |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 3.50 | %                                   |  | $ | 5                    |  |  |          |  |  |           | $ | 36  |  |  | $ | 19  |  |  | $ | 5  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                                                              |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                               |  |      |                                     |  |   |                      |  |  |          |       |  |           |   |        |  |  |   |        |  |  |   |        | 
|---------------------- |  |  |  | ---------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | ----- |  | --------- | - | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in
thousands) |  |  |  | Obligor Name                                                                 |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |       |  | FairValue |  
|                       |  |  |  | St Petersburg Taxi LLC & (interest rate includes deferred interest of 1.50%) |  | Term Loan                                           |  |                 | 05/22/14 |  |              |  | 08/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.50 | %                                   |  | $ | 5                    |  |  |          |       |  |           | $ | 36     |  |  | $ | 19     |  |  | $ | 5      | 
|                       |  |  |  | Francis King Boat Inc                                                        |  | Term Loan                                           |  |                 | 04/17/13 |  |              |  | 04/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 3      |  |  | $ | 3      |  |  | $ | 3      | 
|                       |  |  |  | Taxi For Less Inc &                                                          |  | Term Loan                                           |  |                 | 05/09/16 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 10     |  |  | $ | 10     |  |  | $ | 2      | 
|                       |  |  |  | Patriot Trans Inc &                                                          |  | Term Loan                                           |  |                 | 05/09/16 |  |              |  | 05/09/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 0.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 20     |  |  | $ | 20     |  |  | $ | 2      | 
|                       |  |  |  | Top Cab Corp &                                                               |  | Term Loan                                           |  |                 | 02/24/15 |  |              |  | 02/24/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 14     |  |  | $ | 12     |  |  | $ | 0      | 
|Newark                 |  |  |  |                                                                              |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 110           |  |  |                  | 8 | % |                               |  | 5.34 | %                                   |  | $ | 2                    |  |  | $        | 1,047 |  |           | $ | 21,999 |  |  | $ | 21,935 |  |  | $ | 21,684 | 
|                       |  |  |  | Viergella Inc ##                                                             |  | Term Loan                                           |  |                 | 02/20/14 |  |              |  | 02/20/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 1,278  |  |  | $ | 1,278  |  |  | $ | 1,278  | 
|                       |  |  |  | Rachel LLC                                                                   |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 668    |  |  | $ | 667    |  |  | $ | 667    | 
|                       |  |  |  | Cherubin Vincent &                                                           |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 605    |  |  | $ | 605    |  |  | $ | 605    | 
|                       |  |  |  | K And N Taxi LLC                                                             |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 09/26/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 589    |  |  | $ | 588    |  |  | $ | 588    | 
|                       |  |  |  | A.M.E. Transit Limited Liabili ## &                                          |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 392    |  |  | $ | 392    |  |  | $ | 392    | 
|                       |  |  |  | Briana Taxi LLC &                                                            |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 332    |  |  | $ | 332    |  |  | $ | 332    | 
|                       |  |  |  | Saintvillien & Larochelle LLC                                                |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 304    |  |  | $ | 303    |  |  | $ | 304    | 
|                       |  |  |  | Mr. Milcent & Sons, LLC ##                                                   |  | Term Loan                                           |  |                 | 04/24/14 |  |              |  | 04/24/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 289    |  |  | $ | 289    |  |  | $ | 288    | 
|                       |  |  |  | Two Daughters Taxi LLC ##                                                    |  | Term Loan                                           |  |                 | 06/12/14 |  |              |  | 06/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 286    |  |  | $ | 286    |  |  | $ | 286    | 
|                       |  |  |  | 1 Hope LLC                                                                   |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 09/26/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 274    |  |  | $ | 274    |  |  | $ | 273    | 
|                       |  |  |  | Owned By Mr Vincent LLC                                                      |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 273    |  |  | $ | 273    |  |  | $ | 272    | 
|                       |  |  |  | Romise Taxi LLC                                                              |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 270    |  |  | $ | 270    |  |  | $ | 270    | 
|                       |  |  |  | Lagrande Taxi Corp ##                                                        |  | Term Loan                                           |  |                 | 02/14/13 |  |              |  | 02/14/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 270    |  |  | $ | 270    |  |  | $ | 269    | 
|                       |  |  |  | B Gene And Fil LLC                                                           |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 269    |  |  | $ | 269    |  |  | $ | 268    | 
|                       |  |  |  | Clair 282 LLC ##                                                             |  | Term Loan                                           |  |                 | 09/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 269    |  |  | $ | 269    |  |  | $ | 268    | 
|                       |  |  |  | Angel Taxi LLC &                                                             |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 264    |  |  | $ | 264    |  |  | $ | 264    | 
|                       |  |  |  | Carvin Taxi Inc ##                                                           |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 262    |  |  | $ | 262    |  |  | $ | 262    | 
|                       |  |  |  | Dern #2 Taxi Inc ##                                                          |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 262    |  |  | $ | 262    |  |  | $ | 262    | 
|                       |  |  |  | Cmgv #2 Taxi Inc ##                                                          |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 262    |  |  | $ | 262    |  |  | $ | 262    | 
|                       |  |  |  | Center Taxi LLC ##                                                           |  | Term Loan                                           |  |                 | 08/15/13 |  |              |  | 08/15/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 259    |  |  | $ | 259    |  |  | $ | 258    | 
|                       |  |  |  | Jovin Taxi Inc ##                                                            |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 253    |  |  | $ | 253    |  |  | $ | 252    | 
|                       |  |  |  | Hg & Zg Corporation &                                                        |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 249    |  |  | $ | 249    |  |  | $ | 249    | 
|                       |  |  |  | Magdala Corp ## &                                                            |  | Term Loan                                           |  |                 | 08/16/13 |  |              |  | 08/16/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 247    |  |  | $ | 247    |  |  | $ | 246    | 
|                       |  |  |  | Maitre Joa LLC                                                               |  | Term Loan                                           |  |                 | 09/12/13 |  |              |  | 09/12/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 241    |  |  | $ | 241    |  |  | $ | 240    | 
|                       |  |  |  | Simone Francois ##                                                           |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 239    |  |  | $ | 239    |  |  | $ | 238    | 
|                       |  |  |  | Hg & Zg Corporation &                                                        |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 232    |  |  | $ | 232    |  |  | $ | 232    | 
|                       |  |  |  | Mike 22, Limited Liability Com                                               |  | Term Loan                                           |  |                 | 06/11/15 |  |              |  | 06/11/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 231    |  |  | $ | 231    |  |  | $ | 231    | 
|                       |  |  |  | Holy Family Trans Inc                                                        |  | Term Loan                                           |  |                 | 04/16/15 |  |              |  | 04/16/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 229    |  |  | $ | 229    |  |  | $ | 229    | 
|                       |  |  |  | Peter Doe &                                                                  |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 227    |  |  | $ | 227    |  |  | $ | 228    | 
|                       |  |  |  | D,D Trans Inc                                                                |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 224    |  |  | $ | 224    |  |  | $ | 224    | 
|                       |  |  |  | Nahla Taxi Inc ##                                                            |  | Term Loan                                           |  |                 | 04/24/14 |  |              |  | 04/24/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 222    |  |  | $ | 222    |  |  | $ | 222    | 
|                       |  |  |  | St Abraam Corp                                                               |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/22/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 219    |  |  | $ | 219    |  |  | $ | 219    | 
|                       |  |  |  | Rowfida Incorporated ##                                                      |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 218    |  |  | $ | 218    |  |  | $ | 218    | 
|                       |  |  |  | Three Sons 2 Taxi Inc ##                                                     |  | Term Loan                                           |  |                 | 05/09/13 |  |              |  | 11/09/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 219    |  |  | $ | 219    |  |  | $ | 218    | 
|                       |  |  |  | Luckner Etienne ##                                                           |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 210    |  |  | $ | 210    |  |  | $ | 210    | 
|                       |  |  |  | Dupe Taxi LLC                                                                |  | Term Loan                                           |  |                 | 12/10/15 |  |              |  | 12/10/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 205    |  |  | $ | 205    |  |  | $ | 206    | 
|                       |  |  |  | Sonson Taxi Inc ##                                                           |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 204    |  |  | $ | 204    |  |  | $ | 204    | 
|                       |  |  |  | Kesh & Kelo LLC ##                                                           |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 204    |  |  | $ | 204    |  |  | $ | 203    | 
|                       |  |  |  | T-Bozo Trans LLC (interest rate includes deferred interest of 1.50%)         |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.25 | %                                   |  | $ | 2                    |  |  |          |       |  |           | $ | 203    |  |  | $ | 202    |  |  | $ | 202    | 
|                       |  |  |  | Anasta.S. Taxi LLC                                                           |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 203    |  |  | $ | 203    |  |  | $ | 202    | 
|                       |  |  |  | E H 88 Taxi Corp ##                                                          |  | Term Loan                                           |  |                 | 06/12/14 |  |              |  | 06/12/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 201    |  |  | $ | 201    |  |  | $ | 200    | 
|                       |  |  |  | Semsema Trans Corporation                                                    |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 199    |  |  | $ | 199    |  |  | $ | 199    | 
|                       |  |  |  | Zoune Taxi #2 Inc ##                                                         |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 198    |  |  | $ | 198    |  |  | $ | 197    | 
|                       |  |  |  | Timax 426 Inc &                                                              |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 196    |  |  | $ | 196    |  |  | $ | 196    | 
|                       |  |  |  | Les & Thera Transportation LLC &                                             |  | Term Loan                                           |  |                 | 07/12/13 |  |              |  | 07/12/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 222    |  |  | $ | 217    |  |  | $ | 196    | 
|                       |  |  |  | Airport Travel LLC &                                                         |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 309    |  |  | $ | 299    |  |  | $ | 196    | 
|                       |  |  |  | Jacob And Jasmina Inc &                                                      |  | Term Loan                                           |  |                 | 10/24/14 |  |              |  | 10/24/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 201    |  |  | $ | 196    |  |  | $ | 196    | 
|                       |  |  |  | Laboule LLC &                                                                |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 223    |  |  | $ | 204    |  |  | $ | 196    | 
|                       |  |  |  | Philippe Taxi LLC &                                                          |  | Term Loan                                           |  |                 | 10/23/14 |  |              |  | 10/23/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 234    |  |  | $ | 228    |  |  | $ | 196    | 
|                       |  |  |  | Ekny Fils-Aime ## &                                                          |  | Term Loan                                           |  |                 | 10/17/11 |  |              |  | 10/17/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 195    |  |  | $ | 195    |  |  | $ | 195    | 
|                       |  |  |  | P.C. Taxi Corp &                                                             |  | Term Loan                                           |  |                 | 06/13/13 |  |              |  | 12/13/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 283    |  |  | $ | 279    |  |  | $ | 195    | 
|                       |  |  |  | La Belle Joulie LLC                                                          |  | Term Loan                                           |  |                 | 04/14/16 |  |              |  | 04/14/20 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 192    |  |  | $ | 192    |  |  | $ | 193    | 
|                       |  |  |  | Pachou LLC                                                                   |  | Term Loan                                           |  |                 | 09/21/17 |  |              |  | 09/21/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  | $        | 192   |  |           | $ | 190    |  |  | $ | 190    |  |  | $ | 192    | 
|                       |  |  |  | Joseph And Jamar Inc                                                         |  | Term Loan                                           |  |                 | 10/24/14 |  |              |  | 10/24/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 191    |  |  | $ | 191    |  |  | $ | 191    | 
|                       |  |  |  | Dmd Taxi LLC                                                                 |  | Term Loan                                           |  |                 | 09/26/13 |  |              |  | 09/26/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 191    |  |  | $ | 191    |  |  | $ | 190    | 
|                       |  |  |  | Mpaul 596 LLC &                                                              |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 200    |  |  | $ | 189    |  |  | $ | 189    | 
|                       |  |  |  | Joseph And Alea LLC ##                                                       |  | Term Loan                                           |  |                 | 02/23/15 |  |              |  | 02/23/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 189    |  |  | $ | 189    |  |  | $ | 189    | 
|                       |  |  |  | Boss Carmel Taxi Inc ## &                                                    |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 186    |  |  | $ | 186    |  |  | $ | 186    | 
|                       |  |  |  | O.P. Taxi LLC                                                                |  | Term Loan                                           |  |                 | 10/23/14 |  |              |  | 10/23/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |       |  |           | $ | 186    |  |  | $ | 186    |  |  | $ | 186    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                               |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                               |  |      |                                     |  |   |                      |  |  |          |     |  |           |   |     |  |  |   |     |  |  |   |     | 
|---------------------- |  |  |  | ----------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands) |  |  |  | Obligor Name                  |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Joe And Princess LLC ##       |  | Term Loan                                           |  |                 | 10/12/17 |  |              |  | 04/12/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 183 |  |           | $ | 183 |  |  | $ | 183 |  |  | $ | 183 | 
|                       |  |  |  | Chell 11 Corp                 |  | Term Loan                                           |  |                 | 07/10/14 |  |              |  | 07/10/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 183 |  |  | $ | 183 |  |  | $ | 183 | 
|                       |  |  |  | Jacob Joseph                  |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 182 |  |  | $ | 182 |  |  | $ | 181 | 
|                       |  |  |  | Erick Fleuridor               |  | Term Loan                                           |  |                 | 07/19/12 |  |              |  | 06/11/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 181 |  |  | $ | 181 |  |  | $ | 180 | 
|                       |  |  |  | Saintilia Charles             |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 177 |  |  | $ | 177 |  |  | $ | 177 | 
|                       |  |  |  | Clermise LLC                  |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 176 |  |  | $ | 176 |  |  | $ | 176 | 
|                       |  |  |  | Chavensky Cab Inc             |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 175 |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | Stany Inc                     |  | Term Loan                                           |  |                 | 06/23/15 |  |              |  | 06/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 7.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 175 |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | M.K. Taxi Inc                 |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 170 |  |  | $ | 170 |  |  | $ | 170 | 
|                       |  |  |  | Daniele Taxi LLC ## &         |  | Term Loan                                           |  |                 | 05/15/14 |  |              |  | 05/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 166 |  |  | $ | 166 |  |  | $ | 166 | 
|                       |  |  |  | S Gladys Taxi LLC ##          |  | Term Loan                                           |  |                 | 06/12/14 |  |              |  | 06/12/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 163 |  |  | $ | 163 |  |  | $ | 163 | 
|                       |  |  |  | Herve Dameus ##               |  | Term Loan                                           |  |                 | 12/11/14 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 162 |  |  | $ | 162 |  |  | $ | 162 | 
|                       |  |  |  | Nadia Philemon LLC            |  | Term Loan                                           |  |                 | 04/13/17 |  |              |  | 04/13/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.25 | %                                   |  | $ | 0                    |  |  | $        | 163 |  |           | $ | 158 |  |  | $ | 158 |  |  | $ | 160 | 
|                       |  |  |  | Mfc Taxi Corp ##              |  | Term Loan                                           |  |                 | 09/20/11 |  |              |  | 09/19/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 160 |  |  | $ | 160 |  |  | $ | 159 | 
|                       |  |  |  | Erick Fleuridor               |  | Term Loan                                           |  |                 | 10/25/12 |  |              |  | 10/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 149 |  |  | $ | 149 |  |  | $ | 149 | 
|                       |  |  |  | Micheline Luxeus ##           |  | Term Loan                                           |  |                 | 12/13/12 |  |              |  | 12/13/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 146 |  |  | $ | 146 |  |  | $ | 146 | 
|                       |  |  |  | Serge Previlon LLC            |  | Term Loan                                           |  |                 | 08/15/13 |  |              |  | 08/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 146 |  |  | $ | 146 |  |  | $ | 146 | 
|                       |  |  |  | Cassandra & Joseph Sejour Inc |  | Term Loan                                           |  |                 | 04/09/10 |  |              |  | 03/13/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 145 |  |  | $ | 145 |  |  | $ | 145 | 
|                       |  |  |  | Just 8 Taxi #2 Inc ##         |  | Term Loan                                           |  |                 | 10/16/15 |  |              |  | 10/15/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 7.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 136 |  |  | $ | 136 |  |  | $ | 136 | 
|                       |  |  |  | Evana Destin                  |  | Term Loan                                           |  |                 | 10/06/17 |  |              |  | 09/21/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  | $        | 135 |  |           | $ | 134 |  |  | $ | 134 |  |  | $ | 135 | 
|                       |  |  |  | 534 Taxi LLC &                |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 134 |  |  | $ | 134 |  |  | $ | 134 | 
|                       |  |  |  | Monise Lubintus               |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 133 |  |  | $ | 133 |  |  | $ | 133 | 
|                       |  |  |  | A.N.T.K. LLC                  |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 133 |  |  | $ | 133 |  |  | $ | 133 | 
|                       |  |  |  | Saintvillien & Larochelle LLC |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.63 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 120 |  |  | $ | 120 |  |  | $ | 121 | 
|                       |  |  |  | Charata Taxi Inc              |  | Term Loan                                           |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 116 |  |  | $ | 116 |  |  | $ | 116 | 
|                       |  |  |  | Antoines Dortin ##            |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 116 |  |  | $ | 116 |  |  | $ | 116 | 
|                       |  |  |  | 424 Taxi LLC                  |  | Term Loan                                           |  |                 | 08/17/17 |  |              |  | 08/17/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  | $        | 115 |  |           | $ | 111 |  |  | $ | 111 |  |  | $ | 113 | 
|                       |  |  |  | Forward Taxi Corp             |  | Term Loan                                           |  |                 | 05/18/17 |  |              |  | 05/18/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  | $        | 114 |  |           | $ | 109 |  |  | $ | 109 |  |  | $ | 110 | 
|                       |  |  |  | Ahmad Taxi Inc                |  | Term Loan                                           |  |                 | 06/09/11 |  |              |  | 06/09/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 111 |  |  | $ | 111 |  |  | $ | 110 | 
|                       |  |  |  | Pierre Family 084 LLC         |  | Term Loan                                           |  |                 | 07/12/13 |  |              |  | 07/12/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 109 |  |  | $ | 109 |  |  | $ | 108 | 
|                       |  |  |  | Olga Morales                  |  | Term Loan                                           |  |                 | 02/18/16 |  |              |  | 02/18/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 94  |  |  | $ | 94  |  |  | $ | 95  | 
|                       |  |  |  | Yves Frantz Philemon          |  | Term Loan                                           |  |                 | 12/11/14 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 95  |  |  | $ | 95  |  |  | $ | 95  | 
|                       |  |  |  | Don Taxi Inc/Mbnk             |  | Term Loan                                           |  |                 | 01/23/14 |  |              |  | 01/23/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 92  |  |  | $ | 92  |  |  | $ | 92  | 
|                       |  |  |  | Mr Clean Sdam Taxi LLC        |  | Term Loan                                           |  |                 | 06/11/15 |  |              |  | 06/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 84  |  |  | $ | 84  |  |  | $ | 84  | 
|                       |  |  |  | Charles K Agesilas            |  | Term Loan                                           |  |                 | 08/14/14 |  |              |  | 08/14/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 80  |  |  | $ | 80  |  |  | $ | 81  | 
|                       |  |  |  | Alhayat Taxi Inc              |  | Term Loan                                           |  |                 | 02/14/13 |  |              |  | 02/07/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 75  |  |  | $ | 75  |  |  | $ | 74  | 
|                       |  |  |  | V And C Taxi LLC              |  | Term Loan                                           |  |                 | 05/18/17 |  |              |  | 05/18/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  | $        | 75  |  |           | $ | 72  |  |  | $ | 72  |  |  | $ | 73  | 
|                       |  |  |  | R & Z Trans Service Inc       |  | Term Loan                                           |  |                 | 01/10/13 |  |              |  | 01/10/23 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 72  |  |  | $ | 72  |  |  | $ | 73  | 
|                       |  |  |  | Cosmos 2 Taxi Corporation ##  |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 73  |  |  | $ | 73  |  |  | $ | 73  | 
|                       |  |  |  | Mario P Jean-Louis ## &       |  | Term Loan                                           |  |                 | 12/11/14 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 70  |  |  | $ | 70  |  |  | $ | 70  | 
|                       |  |  |  | Hercule Jean-Baptiste         |  | Term Loan                                           |  |                 | 06/13/13 |  |              |  | 06/13/22 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 71  |  |  | $ | 71  |  |  | $ | 70  | 
|                       |  |  |  | Pola Trans Inc ##             |  | Term Loan                                           |  |                 | 08/17/17 |  |              |  | 08/17/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  | $        | 70  |  |           | $ | 68  |  |  | $ | 68  |  |  | $ | 69  | 
|                       |  |  |  | Gethsemane Inc                |  | Term Loan                                           |  |                 | 02/20/14 |  |              |  | 02/20/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 66  |  |  | $ | 66  |  |  | $ | 67  | 
|                       |  |  |  | Praise The Lord Taxi Inc      |  | Term Loan                                           |  |                 | 05/14/15 |  |              |  | 05/14/25 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 65  |  |  | $ | 65  |  |  | $ | 66  | 
|                       |  |  |  | Louibert Julien               |  | Term Loan                                           |  |                 | 06/18/14 |  |              |  | 06/16/21 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 60  |  |  | $ | 60  |  |  | $ | 61  | 
|                       |  |  |  | Gerald Jean-Louis ## &        |  | Term Loan                                           |  |                 | 04/25/13 |  |              |  | 04/25/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 62  |  |  | $ | 62  |  |  | $ | 61  | 
|                       |  |  |  | 0127 Incorporated ##          |  | Term Loan                                           |  |                 | 07/19/12 |  |              |  | 07/19/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 6.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 57  |  |  | $ | 57  |  |  | $ | 57  | 
|                       |  |  |  | Ez Come Ez Go Inc             |  | Term Loan                                           |  |                 | 04/16/15 |  |              |  | 04/16/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 56  |  |  | $ | 56  |  |  | $ | 56  | 
|                       |  |  |  | Reyes Okoroagu ##             |  | Term Loan                                           |  |                 | 11/14/13 |  |              |  | 11/14/20 |               |  |  | 1             |  |  |                  | * |  |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 40  |  |  | $ | 40  |  |  | $ | 40  | 
|                       |  |  |  | Fraline Taxi Inc ##           |  | Term Loan                                           |  |                 | 09/18/14 |  |              |  | 09/18/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 36  |  |  | $ | 36  |  |  | $ | 36  | 
|                       |  |  |  | Farar LLC ##                  |  | Term Loan                                           |  |                 | 03/13/14 |  |              |  | 03/13/19 |               |  |  | 1             |  |  |                  | * |  |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 10  |  |  | $ | 10  |  |  | $ | 11  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                       |  |  |  |                                 |  |                                                     |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                               |  |      |                                     |  |   |                      |  |  |          |     |  |           |   |        |  |  |   |        |  |  |   |        | 
|---------------------- |  |  |  | ------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ----------------------------- |  | ---- | ----------------------------------- |  | - | -------------------- |  |  | -------- | --- |  | --------- | - | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in
thousands) |  |  |  | Obligor Name                    |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | Capitalized/ DeferredInterest |  |      | OriginalCost of2017Acquisitions (5) |  |   | PrincipalOutstanding |  |  | Cost (4) |     |  | FairValue |  
|Boston                 |  |  |  |                                 |  |                                                     |  |                 |          |  |              |  |          |               |  |  | 59            |  |  |                  | 6 | % |                               |  | 4.51 | %                                   |  | $ | 0                    |  |  | $        | 633 |  |           | $ | 18,907 |  |  | $ | 18,564 |  |  | $ | 18,504 | 
|                       |  |  |  | Chidi Trans Inc &               |  | Term Loan                                           |  |                 | 11/17/14 |  |              |  | 03/25/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 1,099  |  |  | $ | 1,098  |  |  | $ | 1,099  | 
|                       |  |  |  | Johnson Holdings Inc &          |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 03/25/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 803    |  |  | $ | 782    |  |  | $ | 783    | 
|                       |  |  |  | Gabriel Trans Holdings Inc &    |  | Term Loan                                           |  |                 | 04/23/14 |  |              |  | 03/25/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 701    |  |  | $ | 700    |  |  | $ | 701    | 
|                       |  |  |  | GiorgioS Cab Inc ##            |  | Term Loan                                           |  |                 | 09/04/15 |  |              |  | 08/30/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 671    |  |  | $ | 671    |  |  | $ | 671    | 
|                       |  |  |  | Britney Cab Inc, Et Al &        |  | Term Loan                                           |  |                 | 05/18/15 |  |              |  | 06/09/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 2.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 610    |  |  | $ | 549    |  |  | $ | 550    | 
|                       |  |  |  | Arinze Trans Inc &              |  | Term Loan                                           |  |                 | 02/05/10 |  |              |  | 02/07/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 549    |  |  | $ | 549    |  |  | $ | 549    | 
|                       |  |  |  | Mish Inc ## &                   |  | Term Loan                                           |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 556    |  |  | $ | 549    |  |  | $ | 549    | 
|                       |  |  |  | Southside Enterprises Inc ## &  |  | Term Loan                                           |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 554    |  |  | $ | 549    |  |  | $ | 549    | 
|                       |  |  |  | Arinze Trans Inc ## &           |  | Term Loan                                           |  |                 | 04/22/14 |  |              |  | 04/22/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 549    |  |  | $ | 549    |  |  | $ | 549    | 
|                       |  |  |  | Sasun Cab Inc &                 |  | Term Loan                                           |  |                 | 02/20/13 |  |              |  | 02/01/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 549    |  |  | $ | 549    |  |  | $ | 549    | 
|                       |  |  |  | Chiso Trans Inc &               |  | Term Loan                                           |  |                 | 11/26/13 |  |              |  | 11/07/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 508    |  |  | $ | 508    |  |  | $ | 509    | 
|                       |  |  |  | Memory Cab Company Inc ## &     |  | Term Loan                                           |  |                 | 01/14/11 |  |              |  | 01/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 467    |  |  | $ | 467    |  |  | $ | 467    | 
|                       |  |  |  | Ngozi Trans Inc. &              |  | Term Loan                                           |  |                 | 12/31/12 |  |              |  | 12/07/15 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 467    |  |  | $ | 466    |  |  | $ | 466    | 
|                       |  |  |  | Syed Cab Inc                    |  | Term Loan                                           |  |                 | 02/27/15 |  |              |  | 04/27/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 420    |  |  | $ | 420    |  |  | $ | 420    | 
|                       |  |  |  | Bailey Cab Inc &                |  | Term Loan                                           |  |                 | 11/09/12 |  |              |  | 11/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 405    |  |  | $ | 405    |  |  | $ | 405    | 
|                       |  |  |  | Gladstone Taxi Corp Note A ##   |  | Term Loan                                           |  |                 | 10/04/17 |  |              |  | 10/05/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  | $        | 292 |  |           | $ | 292    |  |  | $ | 292    |  |  | $ | 294    | 
|                       |  |  |  | Louis-Jacques Family Taxi Inc   |  | Term Loan                                           |  |                 | 06/02/17 |  |              |  | 06/02/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.75 | %                                   |  | $ | 0                    |  |  | $        | 292 |  |           | $ | 289    |  |  | $ | 289    |  |  | $ | 291    | 
|                       |  |  |  | Promesse Cab Inc &              |  | Term Loan                                           |  |                 | 09/28/16 |  |              |  | 09/28/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 274    |  |  | $ | 275    |  |  | $ | 277    | 
|                       |  |  |  | Ngozi Trans Inc. &              |  | Term Loan                                           |  |                 | 05/06/15 |  |              |  | 04/20/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 275    |  |  | $ | 274    |  |  | $ | 276    | 
|                       |  |  |  | Baton Moise Cab Inc &           |  | Term Loan                                           |  |                 | 04/14/14 |  |              |  | 04/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.90 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 312    |  |  | $ | 274    |  |  | $ | 276    | 
|                       |  |  |  | Farb Inc ## &                   |  | Term Loan                                           |  |                 | 07/26/16 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 274    |  |  | $ | 274    |  |  | $ | 276    | 
|                       |  |  |  | Ser-Vil Cab Inc &               |  | Term Loan                                           |  |                 | 03/28/14 |  |              |  | 03/22/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.63 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 323    |  |  | $ | 275    |  |  | $ | 276    | 
|                       |  |  |  | Beaudrin & Alexandra Taxi Inc & |  | Term Loan                                           |  |                 | 09/20/16 |  |              |  | 09/20/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 3.90 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 274    |  |  | $ | 275    |  |  | $ | 276    | 
|                       |  |  |  | S.P.B. Taxi Inc &               |  | Term Loan                                           |  |                 | 09/18/13 |  |              |  | 09/18/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 284    |  |  | $ | 274    |  |  | $ | 275    | 
|                       |  |  |  | Amazing Grace Cab Inc &         |  | Term Loan                                           |  |                 | 02/06/14 |  |              |  | 02/06/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 298    |  |  | $ | 274    |  |  | $ | 275    | 
|                       |  |  |  | TomorrowS Tree Inc &           |  | Term Loan                                           |  |                 | 10/08/13 |  |              |  | 10/08/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 280    |  |  | $ | 274    |  |  | $ | 275    | 
|                       |  |  |  | Saint Inc &                     |  | Term Loan                                           |  |                 | 08/12/13 |  |              |  | 09/22/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 313    |  |  | $ | 274    |  |  | $ | 275    | 
|                       |  |  |  | Benito & Roseline Cab Inc ## &  |  | Term Loan                                           |  |                 | 09/09/15 |  |              |  | 09/15/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 362    |  |  | $ | 362    |  |  | $ | 275    | 
|                       |  |  |  | Ruth Cab Inc &                  |  | Term Loan                                           |  |                 | 11/26/13 |  |              |  | 11/26/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 278    |  |  | $ | 275    |  |  | $ | 275    | 
|                       |  |  |  | Jv Taxi Inc &                   |  | Term Loan                                           |  |                 | 10/24/14 |  |              |  | 01/24/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 280    |  |  | $ | 275    |  |  | $ | 275    | 
|                       |  |  |  | Urzal Taxi Inc &                |  | Term Loan                                           |  |                 | 07/29/13 |  |              |  | 07/29/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 280    |  |  | $ | 275    |  |  | $ | 275    | 
|                       |  |  |  | Oke Auguste Cab Inc &           |  | Term Loan                                           |  |                 | 01/31/14 |  |              |  | 01/31/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 293    |  |  | $ | 275    |  |  | $ | 275    | 
|                       |  |  |  | Myra Inc &                      |  | Term Loan                                           |  |                 | 08/12/13 |  |              |  | 08/12/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 284    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Djbell Love Inc ## &            |  | Term Loan                                           |  |                 | 09/27/12 |  |              |  | 09/27/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 277    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | God-Will Inc &                  |  | Term Loan                                           |  |                 | 02/11/14 |  |              |  | 02/11/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 283    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Jason Cab Inc &                 |  | Term Loan                                           |  |                 | 03/15/13 |  |              |  | 03/15/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.88 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 280    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Good Time Cab Inc ## &          |  | Term Loan                                           |  |                 | 03/20/14 |  |              |  | 03/20/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.13 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 276    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Joyful Ride Inc ## &            |  | Term Loan                                           |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 276    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | God Is Able Inc ## &            |  | Term Loan                                           |  |                 | 02/11/14 |  |              |  | 02/11/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 282    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | P&P Dumerant Corp &             |  | Term Loan                                           |  |                 | 10/25/13 |  |              |  | 10/25/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 280    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Eldali Transportation Inc &     |  | Term Loan                                           |  |                 | 11/09/12 |  |              |  | 11/26/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 275    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | H And H Taxi Inc ## &           |  | Term Loan                                           |  |                 | 10/11/13 |  |              |  | 09/11/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 276    |  |  | $ | 274    |  |  | $ | 274    | 
|                       |  |  |  | Shemarjamalie Cab Inc &         |  | Term Loan                                           |  |                 | 02/17/12 |  |              |  | 02/17/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.15 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 281    |  |  | $ | 281    |  |  | $ | 274    | 
|                       |  |  |  | Jre Taxi Inc ## &               |  | Term Loan                                           |  |                 | 07/25/14 |  |              |  | 07/25/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.70 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 267    |  |  | $ | 268    |  |  | $ | 269    | 
|                       |  |  |  | Louine Cab Inc &                |  | Term Loan                                           |  |                 | 09/29/15 |  |              |  | 09/29/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 265    |  |  | $ | 262    |  |  | $ | 262    | 
|                       |  |  |  | Boband Cab Inc ##               |  | Term Loan                                           |  |                 | 11/06/12 |  |              |  | 03/10/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 253    |  |  | $ | 253    |  |  | $ | 253    | 
|                       |  |  |  | Phatricksey Cab Inc ## &        |  | Term Loan                                           |  |                 | 07/14/11 |  |              |  | 07/14/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 5.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 237    |  |  | $ | 237    |  |  | $ | 237    | 
|                       |  |  |  | Ngozi Trans Inc. &              |  | Term Loan                                           |  |                 | 12/31/12 |  |              |  | 12/31/16 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 234    |  |  | $ | 233    |  |  | $ | 233    | 
|                       |  |  |  | Sarhad Coach Inc                |  | Term Loan                                           |  |                 | 07/23/13 |  |              |  | 05/25/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 226    |  |  | $ | 226    |  |  | $ | 226    | 
|                       |  |  |  | Stanley & Rachelle Cab Inc &    |  | Term Loan                                           |  |                 | 05/23/11 |  |              |  | 05/23/17 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.25 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 152    |  |  | $ | 152    |  |  | $ | 152    | 
|                       |  |  |  | Dabola Cab Inc ##               |  | Term Loan                                           |  |                 | 11/10/11 |  |              |  | 07/10/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 145    |  |  | $ | 145    |  |  | $ | 145    | 
|                       |  |  |  | Kena Cab Inc                    |  | Term Loan                                           |  |                 | 11/06/12 |  |              |  | 11/06/25 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.75 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 56     |  |  | $ | 56     |  |  | $ | 56     | 
|                       |  |  |  | Gladstone Taxi Corp Note B ##   |  | Term Loan                                           |  |                 | 10/04/17 |  |              |  | 11/05/22 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  | $        | 25  |  |           | $ | 25     |  |  | $ | 26     |  |  | $ | 28     | 
|                       |  |  |  | Louis-Jacques Family Taxi/Nt B  |  | Term Loan                                           |  |                 | 06/02/17 |  |              |  | 06/02/22 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  | $        | 24  |  |           | $ | 22     |  |  | $ | 22     |  |  | $ | 24     | 
|                       |  |  |  | Promesse Cab Inc &              |  | Term Loan                                           |  |                 | 09/28/16 |  |              |  | 09/28/21 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.50 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 21     |  |  | $ | 21     |  |  | $ | 23     | 
|                       |  |  |  | Beaudrin & Alexandra Taxi Inc   |  | Term Loan                                           |  |                 | 09/20/16 |  |              |  | 09/20/21 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 16     |  |  | $ | 16     |  |  | $ | 18     | 
|                       |  |  |  | Benito & Roseline Cab Inc ##    |  | Term Loan                                           |  |                 | 09/09/15 |  |              |  | 09/09/18 |               |  |  | 1             |  |  |                  | * |   |                               |  | 4.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 16     |  |  | $ | 16     |  |  | $ | 17     | 
|                       |  |  |  | Jv Taxi Inc                     |  | Term Loan                                           |  |                 | 04/14/15 |  |              |  | 04/14/19 |               |  |  | 1             |  |  |                  | * |   |                               |  | 6.00 | %                                   |  | $ | 0                    |  |  |          |     |  |           | $ | 10     |  |  | $ | 10     |  |  | $ | 11     | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                                                                                                                  |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |    |          |               |  |      |               |  |   |                  |   |   |                               |        |       |                                     |   |         |                      |  |   |          |       |  |           |         |       |  |  |   |       |  |  |   |       | 
|----------------------------------------------------------------------------------------------------------------- |  |  |  | ------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ | -- | -------- | ------------- |  | ---- | ------------- |  | - | ---------------- | - | - | ----------------------------- | ------ | ----- | ----------------------------------- | - | ------- | -------------------- |  | - | -------- | ----- |  | --------- | ------- | ----- |  |  | - | ----- |  |  | - | ----- | 
|(Dollars in
thousands)                                                                                            |  |  |  | Obligor Name                                                                                      |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |    |          | No. ofInvest. |  |      | % ofNetAssets |  |   | InterestRate
(1) |   |   | Capitalized/ DeferredInterest |        |       | OriginalCost of2017Acquisitions (5) |   |         | PrincipalOutstanding |  |   | Cost (4) |       |  | FairValue |        
|                                                                                                                  |  |  |  | Sunshine Cab Inc ##                                                                               |  | Term Loan                                           |  |                 | 06/12/07 |  |              |    | 06/12/18 |               |  |      | 1             |  |   |                  | * |   |                               |        | 5.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 3     |  |  | $ | 3     |  |  | $ | 3     | 
|Cambridge                                                                                                         |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |    |          |               |  |      | 13            |  |   |                  | 0 | % |                               |        | 4.55  | %                                   |   | $       | 0                    |  |   | $        | 0     |  |           | $       | 824   |  |  | $ | 773   |  |  | $ | 693   | 
|                                                                                                                  |  |  |  | Gcf Taxi Inc &                                                                                    |  | Term Loan                                           |  |                 | 10/08/13 |  |              |    | 10/08/18 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 98    |  |  | $ | 98    |  |  | $ | 99    | 
|                                                                                                                  |  |  |  | Raad Taxi Inc ## &                                                                                |  | Term Loan                                           |  |                 | 05/30/14 |  |              |    | 05/30/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.50  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 57    |  |  | $ | 49    |  |  | $ | 51    | 
|                                                                                                                  |  |  |  | Sam Taxi Inc &                                                                                    |  | Term Loan                                           |  |                 | 03/12/14 |  |              |    | 03/12/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.50  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 50    |  |  | $ | 49    |  |  | $ | 50    | 
|                                                                                                                  |  |  |  | Patrick Cab Inc And Saad Inc &                                                                    |  | Term Loan                                           |  |                 | 03/29/13 |  |              |    | 03/29/16 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.88  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 69    |  |  | $ | 49    |  |  | $ | 50    | 
|                                                                                                                  |  |  |  | Marcia And Everton Cab Inc &                                                                      |  | Term Loan                                           |  |                 | 12/15/15 |  |              |    | 12/15/16 |               |  |      | 1             |  |   |                  | * |   |                               |        | 3.75  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 53    |  |  | $ | 49    |  |  | $ | 50    | 
|                                                                                                                  |  |  |  | Eureka Cab Inc &                                                                                  |  | Term Loan                                           |  |                 | 07/01/14 |  |              |    | 07/01/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.25  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 49    |  |  | $ | 49    |  |  | $ | 50    | 
|                                                                                                                  |  |  |  | Desdunes Cab Inc &                                                                                |  | Term Loan                                           |  |                 | 09/21/12 |  |              |    | 10/21/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 5.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 49    |  |  | $ | 49    |  |  | $ | 49    | 
|                                                                                                                  |  |  |  | Lynn Maha Taxi Inc &                                                                              |  | Term Loan                                           |  |                 | 05/13/13 |  |              |    | 05/13/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 5.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 57    |  |  | $ | 49    |  |  | $ | 49    | 
|                                                                                                                  |  |  |  | Mgf Taxi Inc &                                                                                    |  | Term Loan                                           |  |                 | 05/06/11 |  |              |    | 05/06/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 49    |  |  | $ | 49    |  |  | $ | 49    | 
|                                                                                                                  |  |  |  | Walger Inc &                                                                                      |  | Term Loan                                           |  |                 | 01/26/12 |  |              |    | 01/26/20 |               |  |      | 1             |  |   |                  | * |   |                               |        | 5.50  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 59    |  |  | $ | 49    |  |  | $ | 49    | 
|                                                                                                                  |  |  |  | Hope-Lynn Cabworks Inc ## &                                                                       |  | Term Loan                                           |  |                 | 03/22/13 |  |              |    | 03/22/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 49    |  |  | $ | 49    |  |  | $ | 49    | 
|                                                                                                                  |  |  |  | Drumman Trans Inc &                                                                               |  | Term Loan                                           |  |                 | 12/07/12 |  |              |    | 12/07/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.50  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 49    |  |  | $ | 49    |  |  | $ | 49    | 
|                                                                                                                  |  |  |  | Taxi Technology Inc ## &                                                                          |  | Term Loan                                           |  |                 | 12/11/13 |  |              |    | 12/29/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 5.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 136   |  |  | $ | 136   |  |  | $ | 49    | 
|Other                                                                                                             |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |    |          |               |  |      | 9             |  |   |                  | 0 | % |                               |        | 7.95  | %                                   |   | $       | 0                    |  |   | $        | 0     |  |           | $       | 500   |  |  | $ | 482   |  |  | $ | 487   | 
|                                                                                                                  |  |  |  | Alexandrite Taxi LLC &                                                                            |  | Term Loan                                           |  |                 | 07/30/15 |  |              |    | 07/30/20 |               |  |      | 1             |  |   |                  | * |   |                               |        | 9.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 157   |  |  | $ | 157   |  |  | $ | 158   | 
|                                                                                                                  |  |  |  | Chametz Taxi LLC &                                                                                |  | Term Loan                                           |  |                 | 07/30/15 |  |              |    | 07/30/20 |               |  |      | 1             |  |   |                  | * |   |                               |        | 9.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 104   |  |  | $ | 104   |  |  | $ | 105   | 
|                                                                                                                  |  |  |  | Tjp Inc ## &                                                                                      |  | Term Loan                                           |  |                 | 01/03/14 |  |              |    | 01/03/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 4.75  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 61    |  |  | $ | 61    |  |  | $ | 61    | 
|                                                                                                                  |  |  |  | Hantin Trans/Aventura Taxi &                                                                      |  | Term Loan                                           |  |                 | 06/16/10 |  |              |    | 06/16/17 |               |  |      | 1             |  |   |                  | * |   |                               |        | 8.25  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 47    |  |  | $ | 47    |  |  | $ | 47    | 
|                                                                                                                  |  |  |  | Wiljean Marcelin &                                                                                |  | Term Loan                                           |  |                 | 08/21/13 |  |              |    | 09/01/23 |               |  |      | 1             |  |   |                  | * |   |                               |        | 6.75  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 44    |  |  | $ | 38    |  |  | $ | 40    | 
|                                                                                                                  |  |  |  | Jean C Mathurin/Norcal &                                                                          |  | Term Loan                                           |  |                 | 01/15/13 |  |              |    | 02/01/18 |               |  |      | 1             |  |   |                  | * |   |                               |        | 8.50  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 49    |  |  | $ | 38    |  |  | $ | 38    | 
|                                                                                                                  |  |  |  | Zelalem S. Alemu &                                                                                |  | Term Loan                                           |  |                 | 04/28/08 |  |              |    | 04/28/18 |               |  |      | 1             |  |   |                  | * |   |                               |        | 5.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 27    |  |  | $ | 26    |  |  | $ | 26    | 
|                                                                                                                  |  |  |  | Elysse Corporation                                                                                |  | Term Loan                                           |  |                 | 09/10/10 |  |              |    | 11/01/19 |               |  |      | 1             |  |   |                  | * |   |                               |        | 9.00  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 9     |  |  | $ | 9     |  |  | $ | 9     | 
|                                                                                                                  |  |  |  | Elzira & Luc Cab Inc.                                                                             |  | Term Loan                                           |  |                 | 08/17/10 |  |              |    | 02/17/18 |               |  |      | 1             |  |   |                  | * |   |                               |        | 8.25  | %                                   |   | $       | 0                    |  |   |          |       |  |           | $       | 2     |  |  | $ | 2     |  |  | $ | 3     | 
|                                                                                                                  |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |    |          |               |  |      |               |  |   |                  |   |   |                               |        |       |                                     |   |         |                      |  |   |          |       |  |           |         |       |  |  |   |       |  |  |   |       | 
|Total medallion loans ($183,529 pledged as collateral under borrowing arrangements)                               |  |  |  |                                                                                                   |  |                                                     |  | 648             |          |  |              | 73 | %        |               |  | 4.41 | %             |  | $ | 1,579            |   |   | $                             | 12,578 |       |                                     | $ | 231,112 |                      |  | $ | 228,416  |       |  | $         | 208,279 |      
|                                                                                                                  |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |    |          |               |  |      |               |  |   |                  |   |   |                               |        |       |                                     |   |         |                      |  |   |          |       |  |           |         |       |  |  |   |       |  |  |   |       | 
|Commercial Loans                                                                                                  |  |  |  |                                                                                                   |  |                                                     |  |                 |          |  |              |    |          |               |  |      |               |  |   |                  |   |   |                               |        |       |                                     |   |         |                      |  |   |          |       |  |           |         |       |  |  |   |       | 
|Secured mezzanine Secured mezzanine (22% North Carolina, 16% Minnesota, 7% Ohio, 6% Texas, 6%
Delaware            | 
|6% California, 5% Oklahoma, 5% Oregon, 4% Kansas, 4% North Dakota, 4% Pennsylvania, and 15% all other states) (2) | 
|Manufacturing (37% of the total)                                                                                  |  |  |  | Innovative Metal, Inc. dba Southwest Data Products (interest rate includes PIK interest of 2.00%) |  | Term Loan                                           |  |                 | 04/06/17 |  |              |    | 04/06/24 |               |  |      | 1             |  |   |                  | 2 | % |                               |        | 14.00 | %                                   |   | $       | 0                    |  |   | $        | 5,000 |  |           | $       | 5,000 |  |  | $ | 5,000 |  |  | $ | 4,980 | 
|                                                                                                                  |  |  |  | Stride Tool Holdings, LLC (interest rate includes PIK interest of 3.00%)                          |  | Term Loan                                           |  |                 | 04/05/16 |  |              |    | 04/05/21 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 15.00 | %                                   |   | $       | 217                  |  |   |          |       |  |           | $       | 4,217 |  |  | $ | 4,217 |  |  | $ | 4,179 | 
|                                                                                                                  |  |  |  | AA Plush Holdings, LLC (interest rate includes PIK interest of 6.00%)                             |  | Term Loan                                           |  |                 | 08/15/14 |  |              |    | 08/15/19 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 14.00 | %                                   |   | $       | 397                  |  |   |          |       |  |           | $       | 3,397 |  |  | $ | 3,397 |  |  | $ | 3,393 | 
|                                                                                                                  |  |  |  | Pinnacle Products International, Inc. (interest rate includes PIK interest of 3.00%)              |  | Term Loan                                           |  |                 | 10/09/15 |  |              |    | 10/09/20 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 15.00 | %                                   |   | $       | 449                  |  |   |          |       |  |           | $       | 3,249 |  |  | $ | 3,249 |  |  | $ | 3,249 | 
|                                                                                                                  |  |  |  | Liberty Paper Products Acquisition, LLC (interest rate includes PIK interest of 2.00%)            |  | Term Loan                                           |  |                 | 06/09/16 |  |              |    | 06/09/21 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 14.00 | %                                   |   | $       | 101                  |  |   |          |       |  |           | $       | 3,096 |  |  | $ | 3,096 |  |  | $ | 3,096 | 
|                                                                                                                  |  |  |  | EMI Porta Opco, LLC (interest rate includes PIK interest of 1.00%)                                |  | Term Loan                                           |  |                 | 12/11/17 |  |              |    | 03/11/23 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 13.00 | %                                   |   | $       | 2                    |  |   | $        | 3,000 |  |           | $       | 3,002 |  |  | $ | 3,002 |  |  | $ | 3,002 | 
|                                                                                                                  |  |  |  | BB Opco, LLC d/b/a BreathableBaby, LLC (interest rate includes PIK interest of 3.00%)             |  | Term Loan                                           |  |                 | 08/01/14 |  |              |    | 08/01/19 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 15.00 | %                                   |   | $       | 218                  |  |   |          |       |  |           | $       | 2,718 |  |  | $ | 2,718 |  |  | $ | 2,718 | 
|                                                                                                                  |  |  |  | EGC Operating Company, LLC (interest rate includes PIK interest of 1.00%)                         |  | Term Loan                                           |  |                 | 09/30/14 |  |              |    | 09/30/19 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 13.00 | %                                   |   | $       | 49                   |  |   |          |       |  |           | $       | 1,959 |  |  | $ | 1,959 |  |  | $ | 1,959 | 
|                                                                                                                  |  |  |  | American Cylinder, Inc. d/b/a All Safe (interest rate includes PIK interest of 7.00%)             |  | Term Loan                                           |  |                 | 07/03/13 |  |              |    | 09/30/18 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 19.00 | %                                   |   | $       | 282                  |  |   |          |       |  |           | $       | 1,782 |  |  | $ | 1,782 |  |  | $ | 1,782 | 
|                                                                                                                  |  |  |  | Tri-Tech Forensics, Inc. (interest rate includes PIK interest of 2.00%)                           |  | Term Loan                                           |  |                 | 06/15/17 |  |              |    | 06/15/22 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 14.00 | %                                   |   | $       | 0                    |  |   | $        | 1,500 |  |           | $       | 1,500 |  |  | $ | 1,500 |  |  | $ | 1,500 | 
|                                                                                                                  |  |  |  | Orchard Holdings, Inc. &                                                                          |  | Term Loan                                           |  |                 | 03/10/99 |  |              |    | 03/31/10 |               |  |      | 1             |  |   |                  | * |   |                               |        | 13.00 | %                                   |   |         |                      |  |   |          |       |  |           | $       | 1,390 |  |  | $ | 1,390 |  |  | $ | 1,390 | 
|                                                                                                                  |  |  |  | Filter Holdings, Inc. (interest rate includes PIK interest of 2.00%)                              |  | Term Loan                                           |  |                 | 05/05/17 |  |              |    | 05/05/22 |               |  |      | 1             |  |   |                  | * |   |                               |        | 14.00 | %                                   |   | $       | 0                    |  |   | $        | 1,250 |  |           | $       | 1,250 |  |  | $ | 1,250 |  |  | $ | 1,250 | 
|                                                                                                                  |  |  |  | Quaker Bakery Brands, Inc.                                                                        |  | Term Loan                                           |  |                 | 03/28/17 |  |              |    | 03/28/22 |               |  |      | 1             |  |   |                  | * |   |                               |        | 10.00 | %                                   |   | $       | 0                    |  |   | $        | 200   |  |           | $       | 200   |  |  | $ | 200   |  |  | $ | 200   | 
|Arts, Entertainment, and Recreation (19% of the total)                                                            |  |  |  | RPAC Racing LLC & (interest rate includes PIK interest of 2.00%)                                  |  | Term Loan                                           |  |                 | 11/27/17 |  |              |    | 03/31/20 |               |  |      | 1             |  |   |                  | 3 | % |                               |        | 2.00  | %                                   |   | $       | 15                   |  |   | $        | 7,827 |  |           | $       | 7,827 |  |  | $ | 7,827 |  |  | $ | 7,827 | 
|                                                                                                                  |  |  |  | RPAC Racing LLC & (interest rate includes PIK interest of 2.00%)                                  |  | Term Loan                                           |  |                 | 06/22/16 |  |              |    | 03/31/20 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 2.00  | %                                   |   | $       | 278                  |  |   |          |       |  |           | $       | 2,034 |  |  | $ | 2,034 |  |  | $ | 2,034 | 
|                                                                                                                  |  |  |  | RPAC Racing LLC & (interest rate includes PIK interest of 2.00%)                                  |  | Term Loan                                           |  |                 | 09/14/16 |  |              |    | 03/31/20 |               |  |      | 1             |  |   |                  | * |   |                               |        | 2.00  | %                                   |   | $       | 120                  |  |   |          |       |  |           | $       | 1,000 |  |  | $ | 1,000 |  |  | $ | 1,000 | 
|                                                                                                                  |  |  |  | RPAC Racing LLC & (interest rate includes PIK interest of 2.00%)                                  |  | Term Loan                                           |  |                 | 11/19/10 |  |              |    | 03/30/20 |               |  |      | 1             |  |   |                  | 2 | % |                               |        | 2.00  | %                                   |   | $       | 2,572                |  |   |          |       |  |           | $       | 5,611 |  |  | $ | 5,611 |  |  | $ | 5,611 | 
|Professional, Scientific, and Technical Services (18% of the total)                                               |  |  |  | Weather Decision Technologies, Inc. (interest rate includes PIK interest of 9.00%)                |  | Term Loan                                           |  |                 | 12/11/15 |  |              |    | 12/11/20 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 18.00 | %                                   |   | $       | 721                  |  |   |          |       |  |           | $       | 4,221 |  |  | $ | 4,221 |  |  | $ | 4,214 | 
|                                                                                                                  |  |  |  | Weather Decision Technologies, Inc. (interest rate includes PIK interest of 7.00%)                |  | Term Loan                                           |  |                 | 11/08/17 |  |              |    | 06/30/18 |               |  |      | 1             |  |   |                  | * |   |                               |        | 14.00 | %                                   |   | $       | 2                    |  |   | $        | 325   |  |           | $       | 327   |  |  | $ | 327   |  |  | $ | 327   | 
|                                                                                                                  |  |  |  | ADSCO Opco, LLC (interest rate includes PIK interest of 2.00%)                                    |  | Term Loan                                           |  |                 | 10/25/16 |  |              |    | 10/25/21 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 13.00 | %                                   |   | $       | 87                   |  |   |          |       |  |           | $       | 3,687 |  |  | $ | 3,687 |  |  | $ | 3,677 | 
|                                                                                                                  |  |  |  | Northern Technologies, LLC (interest rate includes PIK interest of 1.00%)                         |  | Term Loan                                           |  |                 | 01/29/16 |  |              |    | 01/29/23 |               |  |      | 1             |  |   |                  | 1 | % |                               |        | 13.00 | %                                   |   | $       | 70                   |  |   |          |       |  |           | $       | 3,670 |  |  | $ | 3,670 |  |  | $ | 3,670 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|------------------------------------------------------------------------------- |  | - |  | ---------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | --------------- | -------- |  | ------------ | --- | --------------------------------- | ------------- | -- | ----- | ------------- |  | ----- | ---------------- | --- | - | ----------------------------- | ------ | ----- | ----------------------------------- | ------ | ------ | -------------------- | - | ------ | -------- | ----- | - | --------- | ------- | ----- | - | ------ | - | ------- |  |  | - | ------- | 
|(Dollars in
thousands)                                                          |  |   |  | Obligor Name                                                                             |  | Security Type(all restricted unlessotherwise
noted) |  | AcquisitionDate |          |  | MaturityDate |     |                                   | No. ofInvest. |    |       | % ofNetAssets |  |       | InterestRate
(1) |     |   | Capitalized/ DeferredInterest |        |       | OriginalCost of2017Acquisitions (5) |        |        | PrincipalOutstanding |   |        | Cost (4) |       |   | FairValue |        
|                                                                                |  | + |  | DPIS Engineering, LLC                                                                    |  | Term Loan                                           |  |                 | 12/01/14 |  |              |     | 06/30/20                          |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 12.00 | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 2,000 |   |        | $ | 2,000   |  |  | $ | 1,998   | 
|                                                                                |  | + |  | Portu-Sunberg Marketing LLC                                                              |  | Term Loan                                           |  |                 | 10/21/16 |  |              |     | 02/21/22                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 12.00 | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 1,250 |   |        | $ | 1,250   |  |  | $ | 1,245   | 
|                                                                                |  |   |  | J.R. Thompson Company LLC (interest rate includes PIK interest of 2.00%)                 |  | Term Loan                                           |  |                 | 05/21/15 |  |              |     | 05/21/22                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 14.00 | %                                   |        | $      | 11                   |   |        |          |       |   |           | $       | 1,156 |   |        | $ | 1,156   |  |  | $ | 1,156   | 
|Information (9% of the total)                                                   |  |   |  | US Internet Corp.                                                                        |  | Term Loan                                           |  |                 | 03/14/17 |  |              |     | 03/14/22                          |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 14.50 | %                                   |        | $      | 0                    |   |        | $        | 5,650 |   |           | $       | 4,075 |   |        | $ | 4,075   |  |  | $ | 4,062   | 
|                                                                                |  |   |  | US Internet Corp. (interest rate includes PIK interest of 17.00%)                        |  | Term Loan                                           |  |                 | 03/14/17 |  |              |     | 03/14/22                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 19.00 | %                                   |        | $      | 147                  |   |        | $        | 1,000 |   |           | $       | 1,147 |   |        | $ | 1,147   |  |  | $ | 1,147   | 
|                                                                                |  |   |  | Centare Holdings, Inc. (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   |  |  | $ | 2,497   | 
|Wholesale Trade (6% of the total)                                               |  | + |  | Classic Brands, LLC                                                                      |  | Term Loan                                           |  |                 | 01/08/16 |  |              |     | 04/30/23                          |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 12.00 | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 2,880 |   |        | $ | 2,880   |  |  | $ | 2,880   | 
|                                                                                |  |   |  | Harrells Car Wash Systems, Inc. (interest rate includes PIK interest of 3.00%)          |  | Term Loan                                           |  |                 | 07/03/17 |  |              |     | 09/03/22                          |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 15.00 | %                                   |        | $      | 32                   |   |        | $        | 2,000 |   |           | $       | 2,532 |   |        | $ | 2,532   |  |  | $ | 2,529   | 
|Mining, Quarrying, and Oil and Gas Extraction (5% of the total)                 |  |   |  | Green Diamond Performance Materials, Inc. (interest rate includes PIK interest of 4.50%) |  | Term Loan                                           |  |                 | 09/08/17 |  |              |     | 09/08/24                          |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 16.50 | %                                   |        | $      | 57                   |   |        | $        | 4,000 |   |           | $       | 4,057 |   |        | $ | 4,057   |  |  | $ | 4,057   | 
|Transportation and Warehousing (4% of the total)                                |  |   |  | LLL Transport, Inc. (interest rate includes PIK interest of 3.00%)                       |  | Term Loan                                           |  |                 | 10/23/15 |  |              |     | 04/23/21                          |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 15.00 | %                                   |        | $      | 410                  |   |        |          |       |   |           | $       | 3,914 |   |        | $ | 3,914   |  |  | $ | 3,912   | 
|Construction (2% of the total)                                                  |  |   |  | Highland Crossing-M, LLC (interest rate includes PIK interest of 11.50%)                 |  | Term Loan                                           |  |                 | 01/07/15 |  |              |     | 02/01/25                          |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 11.50 | %                                   |        |        |                      |   |        |          |       |   |           | $       | 1,445 |   |        | $ | 1,445   |  |  | $ | 1,444   | 
|Accommodation and Food Services (0% of the total)                               |  |   |  | Javier & David Restaurant Corp.                                                          |  | Term Loan                                           |  |                 | 11/05/10 |  |              |     | 11/05/20                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 9.25  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 241   |   |        | $ | 241     |  |  | $ | 241     | 
|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|Total secured mezzanine
(2)                                                     |  |   |  |                                                                                          |  |                                                     |  |                 |          |  | 33           |     |                                   |               | 31 | %     |               |  | 12.09 | %                |     | $ | 6,237                         |        |       | $                                   | 31,752 |        |                      | $ | 88,334 |          |       | $ | 88,334    |         |       | $ | 88,226 |  
|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|Other secured commercial (51% New York, 42% New Jersey and 7% all
other states) | 
|Retail Trade (81% of the total)                                                 |  |   |  | Medallion Fine Art Inc (interest rate includes PIK interest of 12%)                      |  | Term Loan                                           |  |                 | 12/17/12 |  |              |     | 03/17/18                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 12.00 | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 999   |   |        | $ | 999     |  |  | $ | 999     | 
|                                                                                |  |   |  | La Conga Food Market Inc                                                                 |  | Term Loan                                           |  |                 | 12/23/15 |  |              |     | 12/09/18                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 7.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 519   |   |        | $ | 519     |  |  | $ | 518     | 
|                                                                                |  |   |  | Anthony Supermarket LLC                                                                  |  | Term Loan                                           |  |                 | 04/02/13 |  |              |     | 07/02/18                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 9.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 72    |   |        | $ | 72      |  |  | $ | 71      | 
|                                                                                |  |   |  | Moderne Barn Wines&Spirits Inc                                                           |  | Term Loan                                           |  |                 | 05/09/13 |  |              |     | 05/09/18                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 4.75  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 13    |   |        | $ | 13      |  |  | $ | 13      | 
|                                                                                |  |   |  | Drr Enterprises LLC &                                                                    |  | Term Loan                                           |  |                 | 10/28/08 |  |              |     | 10/17/18                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 10.50 | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 80    |   |        | $ | 61      |  |  | $ |        | 
|                                                                                |  |   |  | Don Marto Minimarket Corp &                                                              |  | Term Loan                                           |  |                 | 03/03/15 |  |              |     | 03/03/20                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 9.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 151   |   |        | $ | 130     |  |  | $ |        | 
|Accommodation and Food Services (12% of the total)                              |  |   |  | Bistro Caterers Corporation                                                              |  | Term Loan                                           |  |                 | 07/25/13 |  |              |     | 07/25/18                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 9.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 126   |   |        | $ | 126     |  |  | $ | 125     | 
|                                                                                |  |   |  | El Tropico Family Rest II LLC &                                                          |  | Term Loan                                           |  |                 | 11/29/05 |  |              |     | 04/18/17                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 6.75  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 271   |   |        | $ | 180     |  |  | $ | 105     | 
|                                                                                |  |   |  | El Mangu Sabroso Restaurant In &                                                         |  | Term Loan                                           |  |                 | 06/06/14 |  |              |     | 09/06/19                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 9.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 247   |   |        | $ | 238     |  |  | $ |        | 
|Transportation and Warehousing (4% of the total)                                |  |   |  | Tehran Properties Inc &                                                                  |  | Term Loan                                           |  |                 | 03/17/15 |  |              |     | 09/10/18                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 4.25  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 75    |   |        | $ | 74      |  |  | $ | 75      | 
|Real Estate and Rental and Leasing (3% of the total)                            |  |   |  | Jude Odimegwu Et Al &                                                                    |  | Term Loan                                           |  |                 | 03/31/15 |  |              |     | 03/31/20                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 5.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           | $       | 69    |   |        | $ | 65      |  |  | $ | 56      | 
|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|Total Other Commercial Loans
(2)                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  | 11           |     |                                   |               | 1  | %     |               |  | 9.39  | %                |     | $ | 0                             |        |       | $                                   | 0      |        |                      | $ | 2,622  |          |       | $ | 2,477     |         |       | $ | 1,962  |  
|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|Total commercial loans(2)                                                       |  |   |  |                                                                                          |  |                                                     |  | 44              |          |  |              | 31  | %                                 |               |    | 12.02 | %             |  | $     | 6,237            |     |   | $                             | 31,752 |       |                                     | $      | 90,956 |                      |   | $      | 90,811   |       |   | $         | 90,188  |      
|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|Investment in Medallion Bank and other controlled subsidiaries                  | 
|Commercial Banking                                                              |  |   |  | Medallion Bank **                                                                        |  | 100% of common stock                                |  |                 | 05/16/02 |  |              |     | None                              |               |    |       | 1             |  |       |                  | 101 | % |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 138,282 |  |  | $ | 290,548 | 
|NASCAR Race Team                                                                |  |   |  | Medallion MotorSports, LLC                                                               |  | 75% of LLC units                                    |  |                 | 11/24/10 |  |              |     | None                              |               |    |       | 1             |  |       |                  | 2   | % |                               |        | 42.40 | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 2,820   |  |  | $ | 4,623   | 
|Art Dealer                                                                      |  |   |  | Medallion Fine Art, Inc.                                                                 |  | 100% of common stock                                |  |                 | 12/03/12 |  |              |     | None                              |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 1,777   |  |  | $ | 3,878   | 
|Loan Servicing                                                                  |  |   |  | Medallion Servicing Corp.                                                                |  | 100% of common stock                                |  |                 | 11/05/10 |  |              |     | None                              |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 97      |  |  | $ | 97      | 
|Professional Sports Team                                                        |  |   |  | LAX Group LLC                                                                            |  | 44.97% of membership interests                      |  |                 | 05/23/12 |  |              |     | None                              |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 251     |  |  | $ | 3,001   | 
|Media                                                                           |  |   |  | Medallion Taxi Media, Inc.                                                               |  | 100% of common stock                                |  |                 | 01/01/17 |  |              |     | None                              |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ |        |  |  | $ | 0       | 
|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|Investment in Medallion Bank and other controlled subsidiaries, net             |  |   |  |                                                                                          |  |                                                     |  | 6               |          |  |              | 105 | %                                 |               |    | 0.83  | %             |  | $     | 0                |     |   | $                             | 0      |       |                                     | $      | 0      |                      |   | $      | 143,227  |       |   | $         | 302,147 |      
|                                                                                |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |       |   |        |   |         |  |  |   |         | 
|Equity investments                                                              |  |   |  |                                                                                          |  |                                                     |  |                 |          |  |              |     |                                   |               |    |       |               |  |       |                  |     |   |                               |        |       |                                     |        |        |                      |   |        |          |       |   |           |         |      
|Commercial Finance                                                              |  |   |  | Convergent Capital, Ltd **                                                               |  | 7% of limited partnership interest                  |  |                 | 07/20/07 |  |              |     | None                              |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 733     |  |  | $ | 456     | 
|NASCAR Race Team                                                                |  |   |  | Rpac Racing LLC                                                                          |  | 1,000 shares of Series D                            |  |                 | 08/25/15 |  |              |     | None                              |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ |        |  |  | $ | 2,193   | 
|Loan Servicing                                                                  |  |   |  | Upgrade, Inc.                                                                            |  | 666,668 shares of Series A-1 preferred stock        |  |                 | 09/30/16 |  |              |     | None                              |               |    |       | 1             |  |       |                  | 1   | % |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 250     |  |  | $ | 1,455   | 
|Stuffed Toy Manufacturer                                                        |  |   |  | AA Plush Holdings, LLC d/b/a Animal Adventures                                           |  | 1.6% Common Units                                   |  |                 | 08/15/14 |  |              |     | None                              |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 300     |  |  | $ | 300     | 
|Advertising Services                                                            |  |   |  | ADSCO Opco, LLC                                                                          |  | 7.9% Class A Series A-2 Units                       |  |                 | 10/25/16 |  |              |     | None                              |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 400     |  |  | $ | 400     | 
|Baby Sleep Products                                                             |  |   |  | BB Opco, LLC d/b/a BreathableBaby, LLC                                                   |  | 3.6% Units                                          |  |                 | 08/01/14 |  |              |     | None                              |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 250     |  |  | $ | 250     | 
|IT Services                                                                     |  |   |  | Centare Holdings, Inc.                                                                   |  | 7.23% of common stock, 3.88% of preferred stock     |  |                 | 08/30/13 |  |              |     | None                              |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ | 103     |  |  | $ | 103     | 
|Wholesale Hobbyists Supplies                                                   |  |   |  | Classic Brands, LLC                                                                      |  | Warrant for 300,000 Class A units                   |  |                 | 01/08/16 |  |              |     | 01/08/26                          |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ |        |  |  | $ | 0       | 
|Engineering Design Services                                                     |  |   |  | DPIS Engineering LLC                                                                     |  | Warrant for 180,000 Class C units                   |  |                 | 12/01/14 |  |              |     | 5thanniversaryof note paidin full |               |    |       | 1             |  |       |                  | *   |   |                               |        | 0.00  | %                                   |        | $      | 0                    |   |        |          |       |   |           |         |       |   |        | $ |        |  |  | $ | 0       | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2017



|                                                                                 |  |   |  |                                           |  |                                                               |  |                 |                             |  |              |     |          |               |  |      |               |  |   |                  |   |  |                               |        |      |                                     |   |         |                      |  |   |          |     |  |           |         |  |  |  |   |     |  |  |   |     | 
|-------------------------------------------------------------------------------- |  | - |  | ----------------------------------------- |  | ------------------------------------------------------------- |  | --------------- | --------------------------- |  | ------------ | --- | -------- | ------------- |  | ---- | ------------- |  | - | ---------------- | - |  | ----------------------------- | ------ | ---- | ----------------------------------- | - | ------- | -------------------- |  | - | -------- | --- |  | --------- | ------- |  |  |  | - | --- |  |  | - | --- | 
|(Dollars in
thousands)                                                           |  |   |  | Obligor Name                              |  | Security Type(all restricted unlessotherwise
noted)           |  | AcquisitionDate |                             |  | MaturityDate |     |          | No. ofInvest. |  |      | % ofNetAssets |  |   | InterestRate
(1) |   |  | Capitalized/ DeferredInterest |        |      | OriginalCost of2017Acquisitions (5) |   |         | PrincipalOutstanding |  |   | Cost (4) |     |  | FairValue |        
|Elevator Parts Manufacturer                                                      |  |   |  | EMI Porta HoldCo, LLC                     |  | 3.56% of Series A-2 Preferred Units                           |  |                 | 12/11/17                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   | $        | 500 |  |           |         |  |  |  | $ | 500 |  |  | $ | 500 | 
|Industrial Filters Manufacturer                                                  |  |   |  | Filter Holdings, Inc.                     |  | 7.14% of Common Stock, 7.14% of Preferred Stock               |  |                 | 05/05/17                    |  |              |     | None     |               |  |      | 2             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   | $        | 207 |  |           |         |  |  |  | $ | 207 |  |  | $ | 207 | 
|Specialty Sand Products                                                          |  |   |  | Green Diamond Performance Materials, Inc. |  | 4.26% of Series A Preferred Stock                             |  |                 | 09/08/17                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   | $        | 200 |  |           |         |  |  |  | $ | 200 |  |  | $ | 200 | 
|Car Wash Equipment Manufacturer                                                  |  |   |  | Harrells Car Wash Systems, Inc.          |  | 0.89% of Common Stock                                         |  |                 | 07/03/17                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   | $        | 104 |  |           |         |  |  |  | $ | 104 |  |  | $ | 104 | 
|Sheet Metal Manufacturer                                                         |  |   |  | SWDP Acquisition Co., LLC                 |  | 9.9875% of LLC Units                                          |  |                 | 04/06/17                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   | $        | 400 |  |           |         |  |  |  | $ | 400 |  |  | $ | 400 | 
|Paper Tapes Manufacturer                                                         |  |   |  | Liberty Paper Products Acquisition, LLC   |  | 100% of Series A Preferred Units12% TOTAL                    |  |                 | 06/09/16                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 350 |  |  | $ | 350 | 
|Environmental Consulting Services                                                |  |   |  | Northern Technologies, LLC                |  | 8.27% of LLC units                                            |  |                 | 01/29/2016,12/5/16 &6/12/17 |  |              |     | None     |               |  |      | 3             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   | $        | 58  |  |           |         |  |  |  | $ | 408 |  |  | $ | 408 | 
|Food Manufacturer                                                                |  |   |  | PACA Foods, LLC                           |  | Warrant for 10% of the Companys Convertible Preferred Shares |  |                 | 12/31/10                    |  |              |     | 02/17/20 |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ |    |  |  | $ | 0   | 
|Space Heater Manufacturer                                                        |  |   |  | Pinnacle Products International, Inc.     |  | 0.5% common stock                                             |  |                 | 10/09/15                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 135 |  |  | $ | 135 | 
|Marketing Services                                                               |  |   |  | Portu-Sunberg Marketing LLC               |  | 0.86% LLC units                                               |  |                 | 10/19/16                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 50  |  |  | $ | 50  | 
|                                                                                 |  |   |  | Third Century JRT Inc.                    |  | 13% common stock                                              |  |                 | 05/21/15                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 200 |  |  | $ | 200 | 
|                                                                                 |  |   |  | Portu-Sunberg Marketing LLC               |  | Warrant for 2.85% of the outstanding stock                    |  |                 | 12/31/12                    |  |              |     | 07/24/20 |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ |    |  |  | $ | 0   | 
|Machinery Manufacturer                                                           |  | + |  | Reel Power International, Inc.            |  | 2.65% of common stock                                         |  |                 | 08/04/08                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 318 |  |  | $ | 318 | 
|Shelving Manufacturer                                                            |  |   |  | Storflex Holdings, Inc.                   |  | Warrant for 1.7% of the outstanding stock                     |  |                 | 07/17/12                    |  |              |     | 02/05/23 |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ |    |  |  | $ | 0   | 
|Hand Tool Manufacturer                                                           |  |   |  | Stride Tool Holdings, LLC                 |  | 7.14% of LLC units                                            |  |                 | 04/05/16                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 500 |  |  | $ | 500 | 
|Investment Castings                                                              |  |   |  | Tech Cast Holdings, LLC                   |  | 4.14% LLC units                                               |  |                 | 12/12/14                    |  |              |     | 12/12/19 |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 300 |  |  | $ | 300 | 
|Forensic Supplies                                                                |  |   |  | Tri-Tech Forensics, Inc.                  |  | 4.91% of Common Stock; 4.61% of Preferred Stock               |  |                 | 06/15/17                    |  |              |     | None     |               |  |      | 3             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   | $        | 192 |  |           |         |  |  |  | $ | 192 |  |  | $ | 192 | 
|Weather Forecasting Services                                                     |  |   |  | Weather Decision Technologies, Inc.       |  | 2.2% preferred stock                                          |  |                 | 12/11/15                    |  |              |     | None     |               |  |      | 1             |  |   |                  | * |  |                               |        | 0.00 | %                                   |   | $       | 0                    |  |   |          |     |  |           |         |  |  |  | $ | 500 |  |  | $ | 500 | 
|                                                                                 |  |   |  |                                           |  |                                                               |  |                 |                             |  |              |     |          |               |  |      |               |  |   |                  |   |  |                               |        |      |                                     |   |         |                      |  |   |          |     |  |           |         |  |  |  |   |     |  |  |   |     | 
|Equity investments, net                                                          |  |   |  |                                           |  |                                                               |  | 32              |                             |  |              | 3   | %        |               |  | 0.00 | %             |  | $ | 0                |   |  | $                             | 1,661  |      |                                     | $ | 0       |                      |  | $ | 6,400    |     |  | $         | 9,521   | 
|                                                                                 |  |   |  |                                           |  |                                                               |  |                 |                             |  |              |     |          |               |  |      |               |  |   |                  |   |  |                               |        |      |                                     |   |         |                      |  |   |          |     |  |           |         |  |  |  |   |     |  |  |   |     | 
|Investment securities                                                            |  |   |  |                                           |  |                                                               |  |                 |                             |  |              |     |          |               |  |      |               |  |   |                  |   |  |                               |        |      |                                     |   |         |                      |  |   |          |     |  |           |         | 
|Investment securities, net                                                       |  |   |  |                                           |  |                                                               |  | 0               |                             |  |              | 0   | %        |               |  | 0.00 | %             |  | $ | 0                |   |  | $                             | 0      |      |                                     | $ | 0       |                      |  | $ |         |     |  | $         | 0       | 
|                                                                                 |  |   |  |                                           |  |                                                               |  |                 |                             |  |              |     |          |               |  |      |               |  |   |                  |   |  |                               |        |      |                                     |   |         |                      |  |   |          |     |  |           |         |  |  |  |   |     |  |  |   |     | 
|Net Investments ($183,529 pledged as collateral under borrowing arrangements)(3) |  |   |  |                                           |  |                                                               |  | 730             |                             |  |              | 212 | %        |               |  | 4.73 | %             |  | $ | 7,816            |   |  | $                             | 45,991 |      |                                     | $ | 322,068 |                      |  | $ | 468,854  |     |  | $         | 610,135 | 
|                                                                                 |  |   |  |                                           |  |                                                               |  |                 |                             |  |              |     |          |               |  |      |               |  |   |                  |   |  |                               |        |      |                                     |   |         |                      |  |   |          |     |  |           |         |  |  |  |   |     |  |  |   |     | 



|(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 $6,237 of interest income capitalized into the outstanding investment balances, and $1,579
of deferred interest income, in accordance with the terms of the investment contract.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(3) | The ratio of restricted securities fair value to net assets is 212%.
|--- | --------------------------------------------------------------------

|(4) | Gross unrealized appreciation, gross unrealized depreciation and net appreciation for federal income tax purposes totaled $220,597, $21,306 and $199,291, respectively.
The tax cost of investments was $410,844.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(5) | For revolving lines of credit the amount shown is the cost at December 31, 2017.
|--- | --------------------------------------------------------------------------------

|* | 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 59% and up to 48% 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, 2017.
|- | ------------------------------------------------------------------------------------------------