Exhibit 99.1

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |     |  |               |  |    |                   |  |  |                     |   |  |                                      |   |  |          |   |        |           |  |   |         |  |  |   |         | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | --- |  | ------------- |  | -- | ----------------- |  |  | ------------------- | - |  | ------------------------------------ | - |  | -------- | - | ------ | --------- |  | - | ------- |  |  | - | ------- | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |     |  | % ofNetAssets |  |    | InterestRate 
(1) |  |  | CapitalizedInterest |   |  | OriginalCost of 2014Acquisitions (5) |   |  | Cost (4) |   |        | FairValue | 
|Medallion Loans        |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |     |  |               |  |    |                   |  |  |                     |   |  |                                      |   |  |          |   |        |           |  |   |         |  |  |   |         | 
|New York               |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               | 368 |  |               |  | 77 | %                 |  |  | 3.54                | % |  | $                                    | 0 |  |          | $ | 28,170 |           |  | $ | 211,864 |  |  | $ | 211,869 | 
|                       |  |  |  | Sean Cab Corp ##                  |  | Term Loan                                           |  | 12/09/11        |  | 12/08/15     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.60                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 3,556   |  |  | $ | 3,539   | 
|                       |  |  |  | Real Cab Corp                     |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 2.81                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 2,545   |  |  | $ | 2,547   | 
|                       |  |  |  | Real Cab Corp                     |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1   |  |               |  | *  |                   |  |  | 2.81                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 350     |  |  | $ | 350     | 
|                       |  |  |  | Sifnos, Van-Dim, Kitriani Incs ## |  | Term Loan                                           |  | 06/08/10        |  | 05/01/15     |  |               | 1   |  |               |  | 1  | %                 |  |  | 4.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 2,442   |  |  | $ | 2,430   | 
|                       |  |  |  | Whispers Taxi Inc ##              |  | Term Loan                                           |  | 05/28/13        |  | 05/28/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.35                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 2,149   |  |  | $ | 2,140   | 
|                       |  |  |  | Pontios Taxi LLC                  |  | Term Loan                                           |  | 03/28/14        |  | 03/28/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.50                | % |  | $                                    | 0 |  |          | $ | 1,828  |           |  | $ | 1,828   |  |  | $ | 1,830   | 
|                       |  |  |  | Ikaria Taxi LLC                   |  | Term Loan                                           |  | 03/28/14        |  | 03/28/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.50                | % |  | $                                    | 0 |  |          | $ | 1,828  |           |  | $ | 1,828   |  |  | $ | 1,830   | 
|                       |  |  |  | Kos Taxi LLC                      |  | Term Loan                                           |  | 03/28/14        |  | 03/28/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.50                | % |  | $                                    | 0 |  |          | $ | 1,828  |           |  | $ | 1,828   |  |  | $ | 1,830   | 
|                       |  |  |  | Sag Taxi LLC                      |  | Term Loan                                           |  | 03/28/14        |  | 03/28/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.50                | % |  | $                                    | 0 |  |          | $ | 1,828  |           |  | $ | 1,828   |  |  | $ | 1,830   | 
|                       |  |  |  | Slo Cab Corp                      |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 2.81                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,527   |  |  | $ | 1,529   | 
|                       |  |  |  | Slo Cab Corp                      |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1   |  |               |  | *  |                   |  |  | 2.81                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 210     |  |  | $ | 210     | 
|                       |  |  |  | Daytona Hacking Corp              |  | Term Loan                                           |  | 03/26/14        |  | 03/26/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.38                | % |  | $                                    | 0 |  |          | $ | 1,570  |           |  | $ | 1,570   |  |  | $ | 1,572   | 
|                       |  |  |  | Kaderee M & G Corp                |  | Term Loan                                           |  | 03/26/14        |  | 03/26/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.38                | % |  | $                                    | 0 |  |          | $ | 1,570  |           |  | $ | 1,570   |  |  | $ | 1,572   | 
|                       |  |  |  | Silke Hacking Corp                |  | Term Loan                                           |  | 03/26/14        |  | 03/26/17     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.38                | % |  | $                                    | 0 |  |          | $ | 1,570  |           |  | $ | 1,570   |  |  | $ | 1,572   | 
|                       |  |  |  | Lety Cab Corp ##                  |  | Term Loan                                           |  | 10/21/10        |  | 10/20/15     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.13                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,545   |  |  | $ | 1,537   | 
|                       |  |  |  | Bunty & Jyoti Inc ##              |  | Term Loan                                           |  | 03/13/13        |  | 03/13/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.75                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,538   |  |  | $ | 1,532   | 
|                       |  |  |  | Nancy Transit Inc ##              |  | Term Loan                                           |  | 03/11/13        |  | 03/11/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,536   |  |  | $ | 1,531   | 
|                       |  |  |  | Junaid Trans Corp ##              |  | Term Loan                                           |  | 04/30/13        |  | 04/30/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.75                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,515   |  |  | $ | 1,509   | 
|                       |  |  |  | Christian Cab Corp                |  | Term Loan                                           |  | 11/27/12        |  | 11/27/15     |  |               | 1   |  |               |  | 1  | %                 |  |  | 4.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,500   |  |  | $ | 1,501   | 
|                       |  |  |  | Ocean Hacking Corp ##             |  | Term Loan                                           |  | 12/20/13        |  | 12/20/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,494   |  |  | $ | 1,496   | 
|                       |  |  |  | Benson Hacking Corp ##            |  | Term Loan                                           |  | 05/28/13        |  | 05/28/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.35                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,434   |  |  | $ | 1,428   | 
|                       |  |  |  | Dayna Hacking Corp ##             |  | Term Loan                                           |  | 05/28/13        |  | 05/28/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.35                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,434   |  |  | $ | 1,428   | 
|                       |  |  |  | Devin Taxi Corp ##                |  | Term Loan                                           |  | 05/28/13        |  | 05/28/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.35                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,434   |  |  | $ | 1,428   | 
|                       |  |  |  | Alltaxitwo Cab Corp ##            |  | Term Loan                                           |  | 07/24/13        |  | 07/24/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 2.75                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,400   |  |  | $ | 1,402   | 
|                       |  |  |  | Orys Trans Corp ##                |  | Term Loan                                           |  | 07/24/13        |  | 07/24/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 2.75                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,400   |  |  | $ | 1,402   | 
|                       |  |  |  | Sonu-Seema Corp ##                |  | Term Loan                                           |  | 12/07/12        |  | 12/07/15     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.75                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,407   |  |  | $ | 1,401   | 
|                       |  |  |  | Nosilla Service Co., Inc ##       |  | Term Loan                                           |  | 07/23/13        |  | 07/23/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,397   |  |  | $ | 1,399   | 
|                       |  |  |  | Ukraine Service Co ##             |  | Term Loan                                           |  | 07/23/13        |  | 07/23/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,397   |  |  | $ | 1,399   | 
|                       |  |  |  | Lil Amandachaka Hacking Corp ##   |  | Term Loan                                           |  | 07/23/13        |  | 07/23/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,397   |  |  | $ | 1,399   | 
|                       |  |  |  | Flow Taxi Corp ##                 |  | Term Loan                                           |  | 07/23/13        |  | 07/23/16     |  |               | 1   |  |               |  | 1  | %                 |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,397   |  |  | $ | 1,399   | 
|                       |  |  |  | Uddin Taxi Corp ##                |  | Term Loan                                           |  | 11/14/12        |  | 11/14/15     |  |               | 1   |  |               |  | *  |                   |  |  | 5.25                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,353   |  |  | $ | 1,349   | 
|                       |  |  |  | S600 Service Co Inc ##            |  | Term Loan                                           |  | 02/21/13        |  | 02/21/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,353   |  |  | $ | 1,348   | 
|                       |  |  |  | Perem Hacking Corp ##             |  | Term Loan                                           |  | 02/21/13        |  | 02/21/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,353   |  |  | $ | 1,348   | 
|                       |  |  |  | Concourse Cab Corp ##             |  | Term Loan                                           |  | 11/14/13        |  | 11/14/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.75                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,325   |  |  | $ | 1,333   | 
|                       |  |  |  | Miklos Hacking Corp               |  | Term Loan                                           |  | 02/26/14        |  | 02/26/18     |  |               | 1   |  |               |  | *  |                   |  |  | 3.75                | % |  | $                                    | 0 |  |          | $ | 1,320  |           |  | $ | 1,320   |  |  | $ | 1,322   | 
|                       |  |  |  | Cfn Cab Corp ##                   |  | Term Loan                                           |  | 02/26/14        |  | 02/26/18     |  |               | 1   |  |               |  | *  |                   |  |  | 3.75                | % |  | $                                    | 0 |  |          | $ | 1,320  |           |  | $ | 1,320   |  |  | $ | 1,322   | 
|                       |  |  |  | Anniversary Taxi Corp ##          |  | Term Loan                                           |  | 05/17/13        |  | 05/17/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,300   |  |  | $ | 1,295   | 
|                       |  |  |  | Apple Cab Corp ##                 |  | Term Loan                                           |  | 05/17/13        |  | 05/17/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,300   |  |  | $ | 1,295   | 
|                       |  |  |  | Avi Taxi Corporation ##           |  | Term Loan                                           |  | 05/17/13        |  | 05/17/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,300   |  |  | $ | 1,295   | 
|                       |  |  |  | Kby Taxi Inc ##                   |  | Term Loan                                           |  | 05/17/13        |  | 05/17/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,300   |  |  | $ | 1,295   | 
|                       |  |  |  | Hj Taxi Corp ##                   |  | Term Loan                                           |  | 05/17/13        |  | 05/17/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,300   |  |  | $ | 1,295   | 
|                       |  |  |  | Ming Trans Corp ##                |  | Term Loan                                           |  | 11/19/12        |  | 12/01/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.70                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,261   |  |  | $ | 1,256   | 
|                       |  |  |  | Ride Yellow LLC ##                |  | Term Loan                                           |  | 02/01/13        |  | 11/01/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.10                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,200   |  |  | $ | 1,196   | 
|                       |  |  |  | Avilie Service Inc ##             |  | Term Loan                                           |  | 02/11/13        |  | 02/11/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,156   |  |  | $ | 1,157   | 
|                       |  |  |  | Red Army Cab Corp ##              |  | Term Loan                                           |  | 02/21/13        |  | 08/21/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,140   |  |  | $ | 1,136   | 
|                       |  |  |  | Big Ari Taxi Corp ##              |  | Term Loan                                           |  | 08/14/13        |  | 08/14/16     |  |               | 1   |  |               |  | *  |                   |  |  | 2.80                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,130   |  |  | $ | 1,132   | 
|                       |  |  |  | New Direction Cab Corp ##         |  | Term Loan                                           |  | 11/18/11        |  | 11/18/14     |  |               | 1   |  |               |  | *  |                   |  |  | 4.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,132   |  |  | $ | 1,128   | 
|                       |  |  |  | D & G Taxi Inc ##                 |  | Term Loan                                           |  | 05/28/13        |  | 05/28/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.35                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,117   |  |  | $ | 1,113   | 
|                       |  |  |  | Gaultier Hacking Corp ##          |  | Term Loan                                           |  | 08/27/12        |  | 08/27/15     |  |               | 1   |  |               |  | *  |                   |  |  | 3.90                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,091   |  |  | $ | 1,089   | 
|                       |  |  |  | Jump Service Co Inc ##            |  | Term Loan                                           |  | 02/11/13        |  | 02/22/16     |  |               | 1   |  |               |  | *  |                   |  |  | 2.80                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,091   |  |  | $ | 1,087   | 
|                       |  |  |  | Whats Yellow LLC ##               |  | Term Loan                                           |  | 10/03/12        |  | 10/03/15     |  |               | 1   |  |               |  | *  |                   |  |  | 3.65                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,051   |  |  | $ | 1,052   | 
|                       |  |  |  | Rs Hacking Corp ##                |  | Term Loan                                           |  | 05/28/13        |  | 05/28/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.35                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,052   |  |  | $ | 1,048   | 
|                       |  |  |  | Yosi Transit Inc                  |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1   |  |               |  | *  |                   |  |  | 2.81                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,018   |  |  | $ | 1,020   | 
|                       |  |  |  | Nelsk Taxi Inc ##                 |  | Term Loan                                           |  | 08/20/13        |  | 08/20/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 1,010   |  |  | $ | 1,012   | 
|                       |  |  |  | Planet Agami Cab LLC ##           |  | Term Loan                                           |  | 02/27/13        |  | 02/27/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 988     |  |  | $ | 985     | 
|                       |  |  |  | Universal Agami Transit Inc ##    |  | Term Loan                                           |  | 02/27/13        |  | 02/27/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 988     |  |  | $ | 985     | 
|                       |  |  |  | Global Agami Cab LLC ##           |  | Term Loan                                           |  | 02/27/13        |  | 02/27/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 988     |  |  | $ | 985     | 
|                       |  |  |  | Go Boy Cab Corp ##                |  | Term Loan                                           |  | 04/10/13        |  | 04/10/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 975     |  |  | $ | 972     | 
|                       |  |  |  | Holdem Cab Corp ##                |  | Term Loan                                           |  | 04/10/13        |  | 04/10/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.00                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 975     |  |  | $ | 972     | 
|                       |  |  |  | M.Y. Taxi Inc ##                  |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1   |  |               |  | *  |                   |  |  | 3.10                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 960     |  |  | $ | 961     | 
|                       |  |  |  | Typhoon Hacking Corp ##           |  | Term Loan                                           |  | 05/30/13        |  | 05/30/18     |  |               | 1   |  |               |  | *  |                   |  |  | 3.50                | % |  | $                                    | 0 |  |          |   |        |           |  | $ | 955     |  |  | $ | 957     | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |   |  |               |   |                   |  |      |                     |  |   |                                      |  |  |          |     |  |           |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | - |  | ------------- | - | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |   |  | % ofNetAssets |   | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Hedy Hacking Corp. ##             |  | Term Loan                                           |  | 05/30/13        |  | 05/30/18     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 955 |  |  | $ | 957 | 
|                       |  |  |  | Nedrag Trans Corp ##              |  | Term Loan                                           |  | 05/30/13        |  | 05/30/18     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 955 |  |  | $ | 957 | 
|                       |  |  |  | Kinetic Transit LLC ##            |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 892 | 
|                       |  |  |  | Lowvolt Transit LLC ##            |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 892 | 
|                       |  |  |  | Mixfuel Transit LLC ##            |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 892 | 
|                       |  |  |  | Neutron Transit LLC ##            |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 890 | 
|                       |  |  |  | Proton Transit LLC ##             |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 890 | 
|                       |  |  |  | Rechargeable Transit LLC ##       |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 890 | 
|                       |  |  |  | Quark Transit LLC ##              |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 890 | 
|                       |  |  |  | Composite Transit LLC ##          |  | Term Loan                                           |  | 11/03/06        |  | 11/03/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 885 | 
|                       |  |  |  | Blend Transit LLC ##              |  | Term Loan                                           |  | 11/03/06        |  | 11/03/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 885 | 
|                       |  |  |  | Hybrid Transit LLC ##             |  | Term Loan                                           |  | 10/23/06        |  | 10/23/16     |  |               | 1 |  |               | * |                   |  | 2.67 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 885 | 
|                       |  |  |  | Juiced Transit LLC ##             |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 885 | 
|                       |  |  |  | Isotope Transit LLC ##            |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 890 |  |  | $ | 885 | 
|                       |  |  |  | Iddy Biddy Cab Corp ##            |  | Term Loan                                           |  | 08/06/10        |  | 08/05/15     |  |               | 1 |  |               | * |                   |  | 3.13 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 857 |  |  | $ | 853 | 
|                       |  |  |  | Oyaz Hacking Corp ##              |  | Term Loan                                           |  | 08/06/10        |  | 08/05/15     |  |               | 1 |  |               | * |                   |  | 3.13 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 857 |  |  | $ | 853 | 
|                       |  |  |  | Malcolm Hacking Corp ##           |  | Term Loan                                           |  | 08/06/10        |  | 08/05/15     |  |               | 1 |  |               | * |                   |  | 3.13 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 857 |  |  | $ | 853 | 
|                       |  |  |  | Jbob Hacking Corp ##              |  | Term Loan                                           |  | 08/06/10        |  | 08/05/15     |  |               | 1 |  |               | * |                   |  | 3.13 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 857 |  |  | $ | 853 | 
|                       |  |  |  | Asterik Cab Co Inc ##             |  | Term Loan                                           |  | 02/17/12        |  | 02/12/17     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 845 |  |  | $ | 846 | 
|                       |  |  |  | Copper One Cab Corp ##            |  | Term Loan                                           |  | 02/17/12        |  | 02/12/17     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 844 |  |  | $ | 845 | 
|                       |  |  |  | Agape-Mou Cab Corp ##             |  | Term Loan                                           |  | 02/17/12        |  | 02/12/17     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 844 |  |  | $ | 845 | 
|                       |  |  |  | Ghotra & Ghotra LLC               |  | Term Loan                                           |  | 12/19/13        |  | 12/19/16     |  |               | 1 |  |               | * |                   |  | 3.85 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 828 |  |  | $ | 834 | 
|                       |  |  |  | Gur & Dev Taxi LLC                |  | Term Loan                                           |  | 02/18/14        |  | 02/18/17     |  |               | 1 |  |               | * |                   |  | 3.88 | %                   |  | $ | 0                                    |  |  | $        | 820 |  |           | $ | 819 |  |  | $ | 825 | 
|                       |  |  |  | Gurpreet Singh & Manpreet Sing ## |  | Term Loan                                           |  | 06/25/13        |  | 06/25/16     |  |               | 1 |  |               | * |                   |  | 3.88 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 821 |  |  | $ | 822 | 
|                       |  |  |  | Arman And Mehtab Padda Taxi Co ## |  | Term Loan                                           |  | 06/19/13        |  | 06/19/16     |  |               | 1 |  |               | * |                   |  | 3.88 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 819 |  |  | $ | 820 | 
|                       |  |  |  | Garcha Randhawa Taxi Corp ##      |  | Term Loan                                           |  | 05/31/13        |  | 05/30/16     |  |               | 1 |  |               | * |                   |  | 3.88 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 818 |  |  | $ | 819 | 
|                       |  |  |  | Zus Trading Inc ##                |  | Term Loan                                           |  | 08/09/13        |  | 08/09/16     |  |               | 1 |  |               | * |                   |  | 3.85 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 809 |  |  | $ | 810 | 
|                       |  |  |  | Dhuri And Barnala Cab Corp ##     |  | Term Loan                                           |  | 06/03/13        |  | 06/03/16     |  |               | 1 |  |               | * |                   |  | 3.80 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 795 |  |  | $ | 796 | 
|                       |  |  |  | Ghulam Abbas ##                   |  | Term Loan                                           |  | 04/17/13        |  | 04/17/16     |  |               | 1 |  |               | * |                   |  | 3.80 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 792 |  |  | $ | 796 | 
|                       |  |  |  | Haroon Sharif ##                  |  | Term Loan                                           |  | 05/21/13        |  | 05/21/16     |  |               | 1 |  |               | * |                   |  | 3.80 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 794 |  |  | $ | 795 | 
|                       |  |  |  | Alika Awan Trans Corp ##          |  | Term Loan                                           |  | 09/04/13        |  | 09/04/16     |  |               | 1 |  |               | * |                   |  | 3.85 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 777 |  |  | $ | 778 | 
|                       |  |  |  | 1212 Taxi LLC ##                  |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 750 |  |  | $ | 751 | 
|                       |  |  |  | Samy Baddar ##                    |  | Term Loan                                           |  | 07/18/13        |  | 07/18/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 738 |  |  | $ | 740 | 
|                       |  |  |  | Ilker Altaygil ##                 |  | Term Loan                                           |  | 07/18/13        |  | 07/18/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 738 |  |  | $ | 740 | 
|                       |  |  |  | Amr Aly Shafshak ## &             |  | Term Loan                                           |  | 11/04/13        |  | 11/04/16     |  |               | 1 |  |               | * |                   |  | 4.13 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 738 |  |  | $ | 739 | 
|                       |  |  |  | Mandeep Multani & Ravinder Sin ## |  | Term Loan                                           |  | 03/19/14        |  | 03/19/17     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  | $        | 740 |  |           | $ | 740 |  |  | $ | 739 | 
|                       |  |  |  | Joseph Gerard Pierre ##           |  | Term Loan                                           |  | 12/02/13        |  | 12/02/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 735 |  |  | $ | 737 | 
|                       |  |  |  | Hot Wheels Taxi LLC ##            |  | Term Loan                                           |  | 03/01/13        |  | 12/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 738 |  |  | $ | 736 | 
|                       |  |  |  | Rakesh Aggarwal & Jasvir Singh ## |  | Term Loan                                           |  | 11/06/13        |  | 11/06/16     |  |               | 1 |  |               | * |                   |  | 3.85 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 728 |  |  | $ | 730 | 
|                       |  |  |  | Btr Taxi Inc ##                   |  | Term Loan                                           |  | 04/15/13        |  | 04/15/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 733 |  |  | $ | 730 | 
|                       |  |  |  | Joseph R Jean ##                  |  | Term Loan                                           |  | 04/15/13        |  | 04/15/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 725 |  |  | $ | 725 | 
|                       |  |  |  | Jaswinder Singh ##                |  | Term Loan                                           |  | 03/29/13        |  | 03/29/16     |  |               | 1 |  |               | * |                   |  | 3.80 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 726 |  |  | $ | 724 | 
|                       |  |  |  | Binh Pham ##                      |  | Term Loan                                           |  | 12/18/13        |  | 12/18/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 726 |  |  | $ | 724 | 
|                       |  |  |  | Bliss Cab Corp ##                 |  | Term Loan                                           |  | 10/21/10        |  | 10/20/15     |  |               | 1 |  |               | * |                   |  | 3.13 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 725 |  |  | $ | 721 | 
|                       |  |  |  | Leo P. Roland ##                  |  | Term Loan                                           |  | 12/03/13        |  | 12/03/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 716 |  |  | $ | 718 | 
|                       |  |  |  | Kawarjeet Singh & Maan Singh ##   |  | Term Loan                                           |  | 05/15/13        |  | 05/15/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 714 |  |  | $ | 716 | 
|                       |  |  |  | Aminder Pal Singh ##              |  | Term Loan                                           |  | 11/21/13        |  | 11/21/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 714 |  |  | $ | 716 | 
|                       |  |  |  | Jacob Apoh ##                     |  | Term Loan                                           |  | 12/11/13        |  | 12/11/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 715 |  |  | $ | 716 | 
|                       |  |  |  | Carlos Govea ##                   |  | Term Loan                                           |  | 01/24/14        |  | 01/24/17     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  | $        | 710 |  |           | $ | 708 |  |  | $ | 710 | 
|                       |  |  |  | Atef A Khalil ##                  |  | Term Loan                                           |  | 11/26/13        |  | 11/26/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 705 |  |  | $ | 707 | 
|                       |  |  |  | Yvon Louissaint ##                |  | Term Loan                                           |  | 02/20/14        |  | 02/20/17     |  |               | 1 |  |               | * |                   |  | 3.88 | %                   |  | $ | 0                                    |  |  | $        | 700 |  |           | $ | 700 |  |  | $ | 702 | 
|                       |  |  |  | Gilberto Barrera ##               |  | Term Loan                                           |  | 08/16/13        |  | 08/16/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 699 |  |  | $ | 700 | 
|                       |  |  |  | Bruce Schneider ##                |  | Term Loan                                           |  | 05/10/13        |  | 05/10/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 700 |  |  | $ | 699 | 
|                       |  |  |  | Strivers Way Inc ##               |  | Term Loan                                           |  | 12/17/13        |  | 12/17/16     |  |               | 1 |  |               | * |                   |  | 3.85 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 696 |  |  | $ | 698 | 
|                       |  |  |  | Sukhdev Singh & Harpal S Bhola ## |  | Term Loan                                           |  | 12/04/13        |  | 12/04/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 693 |  |  | $ | 695 | 
|                       |  |  |  | Balwinder Singh ##                |  | Term Loan                                           |  | 09/16/13        |  | 09/16/15     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 692 |  |  | $ | 694 | 
|                       |  |  |  | Marian Cab Corp ##                |  | Term Loan                                           |  | 06/19/12        |  | 06/19/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 694 |  |  | $ | 692 | 
|                       |  |  |  | Amr & Rina Taxi Inc ## &          |  | Term Loan                                           |  | 07/15/13        |  | 07/15/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 689 |  |  | $ | 691 | 
|                       |  |  |  | Eugenio & Ayodele Trans Corp ##   |  | Term Loan                                           |  | 09/26/13        |  | 09/26/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 689 |  |  | $ | 690 | 
|                       |  |  |  | Samiullah Zaman ##                |  | Term Loan                                           |  | 08/21/13        |  | 08/21/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 689 |  |  | $ | 690 | 
|                       |  |  |  | Georges Salomon ##                |  | Term Loan                                           |  | 06/13/13        |  | 06/13/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 687 |  |  | $ | 688 | 
|                       |  |  |  | Parvinder Singh ##                |  | Term Loan                                           |  | 08/13/13        |  | 08/13/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 689 |  |  | $ | 687 | 
|                       |  |  |  | Preslert Louis ##                 |  | Term Loan                                           |  | 05/30/13        |  | 05/30/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 685 |  |  | $ | 686 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |   |  |               |   |                   |  |      |                     |  |   |                                      |  |  |          |     |  |           |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | - |  | ------------- | - | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |   |  | % ofNetAssets |   | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Shanu Miah ##                     |  | Term Loan                                           |  | 06/20/13        |  | 06/20/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 681 |  |  | $ | 683 | 
|                       |  |  |  | Rousseau Ductan ##                |  | Term Loan                                           |  | 05/01/13        |  | 05/01/16     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 679 |  |  | $ | 679 | 
|                       |  |  |  | Jasvir S Dhaliwal ##              |  | Term Loan                                           |  | 07/01/13        |  | 07/01/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 678 |  |  | $ | 678 | 
|                       |  |  |  | Joseph L Flovel ##                |  | Term Loan                                           |  | 10/31/13        |  | 10/30/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 673 |  |  | $ | 678 | 
|                       |  |  |  | Kerolus Waheib Makhail            |  | Term Loan                                           |  | 12/27/12        |  | 12/27/15     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 677 |  |  | $ | 677 | 
|                       |  |  |  | Birk Cab Corp ##                  |  | Term Loan                                           |  | 05/22/13        |  | 05/22/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 666 |  |  | $ | 670 | 
|                       |  |  |  | Robell Hacking Corp ##            |  | Term Loan                                           |  | 09/11/13        |  | 09/11/16     |  |               | 1 |  |               | * |                   |  | 2.80 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 669 |  |  | $ | 668 | 
|                       |  |  |  | Jordan O Ohene ##                 |  | Term Loan                                           |  | 05/24/13        |  | 05/24/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 663 |  |  | $ | 667 | 
|                       |  |  |  | Anwar Khalifa ##                  |  | Term Loan                                           |  | 01/09/14        |  | 01/09/17     |  |               | 1 |  |               | * |                   |  | 4.13 | %                   |  | $ | 0                                    |  |  | $        | 662 |  |           | $ | 658 |  |  | $ | 657 | 
|                       |  |  |  | Donald Singh ##                   |  | Term Loan                                           |  | 10/11/13        |  | 10/11/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 655 |  |  | $ | 654 | 
|                       |  |  |  | Charanjeet Kaur & Manjit Singh ## |  | Term Loan                                           |  | 10/28/13        |  | 10/28/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 648 |  |  | $ | 650 | 
|                       |  |  |  | Joseph Paul Desir ##              |  | Term Loan                                           |  | 11/19/13        |  | 11/19/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 642 |  |  | $ | 644 | 
|                       |  |  |  | Pierre Goguin Joseph ##           |  | Term Loan                                           |  | 03/06/13        |  | 03/06/15     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 642 |  |  | $ | 643 | 
|                       |  |  |  | Carmay Latendresse ##             |  | Term Loan                                           |  | 09/17/13        |  | 09/17/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 641 |  |  | $ | 643 | 
|                       |  |  |  | Wisly Noel ##                     |  | Term Loan                                           |  | 07/25/13        |  | 07/25/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 638 |  |  | $ | 640 | 
|                       |  |  |  | Brunet Lucas ##                   |  | Term Loan                                           |  | 06/06/13        |  | 06/06/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 641 |  |  | $ | 639 | 
|                       |  |  |  | Lesly Jeanjoseph ##               |  | Term Loan                                           |  | 05/08/13        |  | 05/08/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 637 |  |  | $ | 635 | 
|                       |  |  |  | Mohammed Hossen & Abrar Hanif ##  |  | Term Loan                                           |  | 03/11/13        |  | 03/11/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 624 |  |  | $ | 627 | 
|                       |  |  |  | Spyridon Tzorzis ##               |  | Term Loan                                           |  | 07/10/13        |  | 07/10/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 624 |  |  | $ | 626 | 
|                       |  |  |  | Nobert Auguste ##                 |  | Term Loan                                           |  | 01/09/13        |  | 01/09/16     |  |               | 1 |  |               | * |                   |  | 4.15 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 628 |  |  | $ | 626 | 
|                       |  |  |  | Michael Avitan ##                 |  | Term Loan                                           |  | 04/11/13        |  | 04/11/16     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 621 |  |  | $ | 623 | 
|                       |  |  |  | Man Singh ##                      |  | Term Loan                                           |  | 02/25/13        |  | 02/25/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 623 |  |  | $ | 621 | 
|                       |  |  |  | Mian Cab Corp ##                  |  | Term Loan                                           |  | 01/21/14        |  | 01/21/17     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  | $        | 620 |  |           | $ | 617 |  |  | $ | 619 | 
|                       |  |  |  | Marc C Bastien ##                 |  | Term Loan                                           |  | 04/11/13        |  | 04/10/16     |  |               | 1 |  |               | * |                   |  | 3.65 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 616 |  |  | $ | 617 | 
|                       |  |  |  | Karamjit Panchhi ##               |  | Term Loan                                           |  | 08/28/13        |  | 08/28/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 617 |  |  | $ | 616 | 
|                       |  |  |  | Alexander Vizueta ##              |  | Term Loan                                           |  | 09/12/13        |  | 09/12/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 613 |  |  | $ | 615 | 
|                       |  |  |  | Guivarch Thimothe                 |  | Term Loan                                           |  | 09/19/12        |  | 09/19/15     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 612 |  |  | $ | 613 | 
|                       |  |  |  | Shahdad Bhatti Cab Corp ##        |  | Term Loan                                           |  | 04/11/13        |  | 04/11/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 613 |  |  | $ | 612 | 
|                       |  |  |  | Oradeanul Taxi Corp ##            |  | Term Loan                                           |  | 01/30/13        |  | 02/01/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 601 |  |  | $ | 604 | 
|                       |  |  |  | Turgut Duman ##                   |  | Term Loan                                           |  | 12/06/12        |  | 12/06/15     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 600 |  |  | $ | 603 | 
|                       |  |  |  | Sushil Maggoo ##                  |  | Term Loan                                           |  | 12/14/12        |  | 12/14/15     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 600 |  |  | $ | 603 | 
|                       |  |  |  | Manuel F Pena ##                  |  | Term Loan                                           |  | 11/26/13        |  | 11/26/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 595 |  |  | $ | 597 | 
|                       |  |  |  | Patrick Sattaur ##                |  | Term Loan                                           |  | 03/15/13        |  | 03/15/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 598 |  |  | $ | 597 | 
|                       |  |  |  | Humberto Ontaneda ##              |  | Term Loan                                           |  | 10/17/13        |  | 10/17/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 594 |  |  | $ | 596 | 
|                       |  |  |  | Joseph W Charles ##               |  | Term Loan                                           |  | 04/17/13        |  | 04/17/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 596 |  |  | $ | 595 | 
|                       |  |  |  | Guy Merisier ##                   |  | Term Loan                                           |  | 08/20/13        |  | 08/20/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 592 |  |  | $ | 594 | 
|                       |  |  |  | Alexander A Malamud ##            |  | Term Loan                                           |  | 02/28/13        |  | 02/28/16     |  |               | 1 |  |               | * |                   |  | 3.55 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 589 |  |  | $ | 591 | 
|                       |  |  |  | Sincere Cab Corp ##               |  | Term Loan                                           |  | 06/21/11        |  | 06/21/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 591 |  |  | $ | 589 | 
|                       |  |  |  | Rafi Mohammad ##                  |  | Term Loan                                           |  | 02/27/13        |  | 02/27/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 585 |  |  | $ | 584 | 
|                       |  |  |  | Roudy Moliere & Jean B Letang ##  |  | Term Loan                                           |  | 12/17/12        |  | 12/17/15     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 583 |  |  | $ | 581 | 
|                       |  |  |  | Erwich Chery ##                   |  | Term Loan                                           |  | 11/01/13        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.70 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 576 |  |  | $ | 578 | 
|                       |  |  |  | Eli Parada ##                     |  | Term Loan                                           |  | 11/27/13        |  | 11/27/16     |  |               | 1 |  |               | * |                   |  | 3.65 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 576 |  |  | $ | 578 | 
|                       |  |  |  | Jose F Pimentel                   |  | Term Loan                                           |  | 11/27/12        |  | 11/27/15     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 576 |  |  | $ | 577 | 
|                       |  |  |  | Jean J Monteau ##                 |  | Term Loan                                           |  | 12/06/12        |  | 12/06/15     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 575 |  |  | $ | 573 | 
|                       |  |  |  | Newton Sodhi ##                   |  | Term Loan                                           |  | 05/06/13        |  | 05/06/16     |  |               | 1 |  |               | * |                   |  | 3.38 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 574 |  |  | $ | 572 | 
|                       |  |  |  | Gerardo Barrera ##                |  | Term Loan                                           |  | 12/23/13        |  | 12/23/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 570 |  |  | $ | 572 | 
|                       |  |  |  | I&I Cab Corp ##                   |  | Term Loan                                           |  | 03/19/13        |  | 03/19/16     |  |               | 1 |  |               | * |                   |  | 3.60 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 568 |  |  | $ | 569 | 
|                       |  |  |  | Bhai Bhai Taxi Corp               |  | Term Loan                                           |  | 06/02/11        |  | 10/01/15     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 568 |  |  | $ | 568 | 
|                       |  |  |  | Rafael A Pena ##                  |  | Term Loan                                           |  | 09/18/13        |  | 09/18/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 555 |  |  | $ | 557 | 
|                       |  |  |  | Fernande Paul Cab Corp ##         |  | Term Loan                                           |  | 01/24/13        |  | 01/24/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 554 |  |  | $ | 555 | 
|                       |  |  |  | Tamimu Aliu ##                    |  | Term Loan                                           |  | 05/28/13        |  | 05/28/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 556 |  |  | $ | 555 | 
|                       |  |  |  | Dominique Ismael ##               |  | Term Loan                                           |  | 03/10/14        |  | 03/10/17     |  |               | 1 |  |               | * |                   |  | 3.88 | %                   |  | $ | 0                                    |  |  | $        | 551 |  |           | $ | 551 |  |  | $ | 553 | 
|                       |  |  |  | Luis E Perez ##                   |  | Term Loan                                           |  | 03/19/14        |  | 03/19/17     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  | $        | 550 |  |           | $ | 550 |  |  | $ | 552 | 
|                       |  |  |  | Amjad Abbas ##                    |  | Term Loan                                           |  | 12/19/13        |  | 12/19/16     |  |               | 1 |  |               | * |                   |  | 3.40 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 550 |  |  | $ | 552 | 
|                       |  |  |  | Dani Taxi Inc/Mbank               |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 541 |  |  | $ | 541 | 
|                       |  |  |  | Magloire David ##                 |  | Term Loan                                           |  | 09/09/13        |  | 09/09/15     |  |               | 1 |  |               | * |                   |  | 3.95 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 540 |  |  | $ | 541 | 
|                       |  |  |  | Ulrick Racine ##                  |  | Term Loan                                           |  | 03/08/13        |  | 03/08/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 542 |  |  | $ | 541 | 
|                       |  |  |  | Hasina Farazi & Rafiul Farazi ##  |  | Term Loan                                           |  | 02/25/13        |  | 02/25/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 540 |  |  | $ | 539 | 
|                       |  |  |  | Muhammad Saqib ##                 |  | Term Loan                                           |  | 10/04/11        |  | 10/04/14     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 540 |  |  | $ | 537 | 
|                       |  |  |  | Shabir Khalid ##                  |  | Term Loan                                           |  | 05/29/13        |  | 05/29/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 538 |  |  | $ | 537 | 
|                       |  |  |  | Albert A Agyemang ##              |  | Term Loan                                           |  | 07/09/13        |  | 07/09/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 537 |  |  | $ | 536 | 
|                       |  |  |  | Pierre Chery ##                   |  | Term Loan                                           |  | 09/24/12        |  | 09/24/15     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 534 |  |  | $ | 535 | 
|                       |  |  |  | Jasvinder Chhoker + Dam Singh     |  | Term Loan                                           |  | 11/10/11        |  | 12/05/15     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 534 |  |  | $ | 534 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |   |  |               |   |                   |  |      |                     |  |   |                                      |  |  |          |     |  |           |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | - |  | ------------- | - | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |   |  | % ofNetAssets |   | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Albro Hacking, Corp. ##           |  | Term Loan                                           |  | 10/21/10        |  | 10/20/15     |  |               | 1 |  |               | * |                   |  | 3.13 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 533 |  |  | $ | 530 | 
|                       |  |  |  | Jaswinder Sharma ##               |  | Term Loan                                           |  | 11/02/11        |  | 11/02/14     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 533 |  |  | $ | 530 | 
|                       |  |  |  | Frantz Louhis & Joseph Paul ##    |  | Term Loan                                           |  | 06/08/12        |  | 06/08/15     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 528 |  |  | $ | 530 | 
|                       |  |  |  | Ahmed Elsayed ##                  |  | Term Loan                                           |  | 11/22/13        |  | 11/22/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 515 |  |  | $ | 517 | 
|                       |  |  |  | Olmedo Nocua ##                   |  | Term Loan                                           |  | 01/25/13        |  | 01/25/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 515 |  |  | $ | 514 | 
|                       |  |  |  | Avner Ben-Levy ##                 |  | Term Loan                                           |  | 05/29/12        |  | 05/29/15     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 503 |  |  | $ | 502 | 
|                       |  |  |  | Louis A Alphonse ##               |  | Term Loan                                           |  | 02/21/13        |  | 02/21/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 497 |  |  | $ | 498 | 
|                       |  |  |  | M Irshad Chaudhry & Mhd Ramzan ## |  | Term Loan                                           |  | 03/21/11        |  | 03/21/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 500 |  |  | $ | 496 | 
|                       |  |  |  | Avtar Singh ##                    |  | Term Loan                                           |  | 11/22/11        |  | 11/07/14     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 496 |  |  | $ | 494 | 
|                       |  |  |  | Mukhtiar Singh ##                 |  | Term Loan                                           |  | 11/22/11        |  | 11/22/14     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 495 |  |  | $ | 493 | 
|                       |  |  |  | Harold Torres ##                  |  | Term Loan                                           |  | 02/12/13        |  | 02/12/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 491 |  |  | $ | 493 | 
|                       |  |  |  | Frands Fequiere ##                |  | Term Loan                                           |  | 01/03/13        |  | 01/03/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 490 |  |  | $ | 489 | 
|                       |  |  |  | Mohammad Azhar ##                 |  | Term Loan                                           |  | 02/24/14        |  | 02/24/17     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  | $        | 488 |  |           | $ | 487 |  |  | $ | 489 | 
|                       |  |  |  | Joseph Jean ##                    |  | Term Loan                                           |  | 03/14/12        |  | 03/14/15     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 487 |  |  | $ | 487 | 
|                       |  |  |  | Romain Eustache ##                |  | Term Loan                                           |  | 02/26/13        |  | 02/26/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 487 |  |  | $ | 487 | 
|                       |  |  |  | Chuhar Singh ##                   |  | Term Loan                                           |  | 06/06/13        |  | 06/06/16     |  |               | 1 |  |               | * |                   |  | 3.38 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 481 |  |  | $ | 485 | 
|                       |  |  |  | Malkiat S Multani                 |  | Term Loan                                           |  | 06/01/11        |  | 06/07/14     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 483 |  |  | $ | 483 | 
|                       |  |  |  | Gustavo E Cabrejos ##             |  | Term Loan                                           |  | 10/15/12        |  | 10/15/15     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 483 |  |  | $ | 481 | 
|                       |  |  |  | Abdullah Zivali ##                |  | Term Loan                                           |  | 03/22/13        |  | 03/22/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 479 |  |  | $ | 480 | 
|                       |  |  |  | Momar Diagne ##                   |  | Term Loan                                           |  | 04/30/13        |  | 04/30/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 473 |  |  | $ | 475 | 
|                       |  |  |  | Shubal C Ghose ##                 |  | Term Loan                                           |  | 12/18/12        |  | 12/18/15     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 466 |  |  | $ | 465 | 
|                       |  |  |  | Kang & Dhillon Taxi Inc ##        |  | Term Loan                                           |  | 12/03/10        |  | 07/07/14     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 459 |  |  | $ | 456 | 
|                       |  |  |  | Ny Berts Cab Corp ##              |  | Term Loan                                           |  | 07/02/13        |  | 07/02/16     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 451 |  |  | $ | 453 | 
|                       |  |  |  | Santokh Bangay ##                 |  | Term Loan                                           |  | 12/10/12        |  | 12/10/15     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 453 |  |  | $ | 452 | 
|                       |  |  |  | W.B.L.S Taxi Inc                  |  | Term Loan                                           |  | 08/09/12        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 450 |  |  | $ | 451 | 
|                       |  |  |  | Jasvir Singh                      |  | Term Loan                                           |  | 11/27/12        |  | 11/27/22     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 445 |  |  | $ | 449 | 
|                       |  |  |  | Lelio Bresier & Jeanne Bresier ## |  | Term Loan                                           |  | 03/06/13        |  | 03/06/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 448 |  |  | $ | 449 | 
|                       |  |  |  | Corsi Cab Corp ##                 |  | Term Loan                                           |  | 06/21/11        |  | 06/21/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 443 |  |  | $ | 442 | 
|                       |  |  |  | Anba Taxi Inc ##                  |  | Term Loan                                           |  | 06/21/11        |  | 06/21/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 443 |  |  | $ | 442 | 
|                       |  |  |  | David Mashkabov ##                |  | Term Loan                                           |  | 10/26/11        |  | 10/24/14     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 436 |  |  | $ | 434 | 
|                       |  |  |  | Dady Hamel ##                     |  | Term Loan                                           |  | 12/26/13        |  | 12/26/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 432 |  |  | $ | 434 | 
|                       |  |  |  | Gonel Seraphin & Evelyne Serap ## |  | Term Loan                                           |  | 12/09/11        |  | 12/09/14     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 427 |  |  | $ | 425 | 
|                       |  |  |  | M&J Taxi Inc ##                   |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 422 |  |  | $ | 423 | 
|                       |  |  |  | Maya Taxi Inc ##                  |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 422 |  |  | $ | 423 | 
|                       |  |  |  | Mtr Taxi Inc ##                   |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 422 |  |  | $ | 423 | 
|                       |  |  |  | Neomi & Z Taxi Inc ##             |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 422 |  |  | $ | 423 | 
|                       |  |  |  | Saba Moshe Taxi Inc ##            |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 422 |  |  | $ | 423 | 
|                       |  |  |  | Carlot Dalce ##                   |  | Term Loan                                           |  | 07/09/13        |  | 07/09/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 417 |  |  | $ | 419 | 
|                       |  |  |  | Rahul Amin ##                     |  | Term Loan                                           |  | 08/26/13        |  | 08/26/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 416 |  |  | $ | 418 | 
|                       |  |  |  | Jacob Kuruvilla ##                |  | Term Loan                                           |  | 11/11/09        |  | 12/05/17     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 419 |  |  | $ | 417 | 
|                       |  |  |  | Eduard Neyman                     |  | Term Loan                                           |  | 05/24/13        |  | 05/24/20     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 414 |  |  | $ | 416 | 
|                       |  |  |  | Pierre Jeune ##                   |  | Term Loan                                           |  | 12/14/12        |  | 12/14/15     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 415 |  |  | $ | 416 | 
|                       |  |  |  | Nautilus Service Cor ##           |  | Term Loan                                           |  | 01/17/12        |  | 01/17/15     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 411 |  |  | $ | 410 | 
|                       |  |  |  | Cleopatra Cab Corp ##             |  | Term Loan                                           |  | 01/17/12        |  | 01/17/15     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 411 |  |  | $ | 410 | 
|                       |  |  |  | Crossbow Taxi Inc ##              |  | Term Loan                                           |  | 01/17/12        |  | 01/17/15     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 411 |  |  | $ | 410 | 
|                       |  |  |  | King "D" Taxi Inc ##              |  | Term Loan                                           |  | 01/17/12        |  | 01/17/15     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 411 |  |  | $ | 410 | 
|                       |  |  |  | King Verin Taxi Inc ##            |  | Term Loan                                           |  | 01/17/12        |  | 01/17/15     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 411 |  |  | $ | 410 | 
|                       |  |  |  | Petia Cab Corporation ##          |  | Term Loan                                           |  | 01/17/12        |  | 01/17/15     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 411 |  |  | $ | 410 | 
|                       |  |  |  | Run Service Corp ##               |  | Term Loan                                           |  | 01/17/12        |  | 01/17/15     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 411 |  |  | $ | 410 | 
|                       |  |  |  | Daca Taxi Inc ##                  |  | Term Loan                                           |  | 06/02/11        |  | 06/02/14     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 410 |  |  | $ | 408 | 
|                       |  |  |  | Verity Taxi Inc ##                |  | Term Loan                                           |  | 02/08/13        |  | 02/08/18     |  |               | 1 |  |               | * |                   |  | 3.60 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 400 |  |  | $ | 403 | 
|                       |  |  |  | Yberto Santana ##                 |  | Term Loan                                           |  | 02/27/14        |  | 02/27/17     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  | $        | 402 |  |           | $ | 401 |  |  | $ | 402 | 
|                       |  |  |  | Pierre Cadet ##                   |  | Term Loan                                           |  | 03/19/13        |  | 03/19/16     |  |               | 1 |  |               | * |                   |  | 3.30 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 401 |  |  | $ | 402 | 
|                       |  |  |  | Y Joey Taxi Inc ##                |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 400 |  |  | $ | 401 | 
|                       |  |  |  | Essa & Soliman Transit Inc ##     |  | Term Loan                                           |  | 04/19/13        |  | 04/19/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 392 |  |  | $ | 394 | 
|                       |  |  |  | Bucur Express Cab Corp ##         |  | Term Loan                                           |  | 06/02/11        |  | 06/02/14     |  |               | 1 |  |               | * |                   |  | 3.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 394 |  |  | $ | 392 | 
|                       |  |  |  | Shah M Rahman ##                  |  | Term Loan                                           |  | 11/25/13        |  | 11/25/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 382 |  |  | $ | 384 | 
|                       |  |  |  | Anthony Okyere Duah ##            |  | Term Loan                                           |  | 06/10/11        |  | 06/10/14     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 383 |  |  | $ | 381 | 
|                       |  |  |  | Surjit Singh ##                   |  | Term Loan                                           |  | 10/25/13        |  | 10/25/18     |  |               | 1 |  |               | * |                   |  | 3.80 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 377 |  |  | $ | 379 | 
|                       |  |  |  | Serge Bonny ##                    |  | Term Loan                                           |  | 03/11/13        |  | 03/11/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 375 |  |  | $ | 376 | 
|                       |  |  |  | Rehmet Khan ##                    |  | Term Loan                                           |  | 03/24/14        |  | 03/24/17     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  | $        | 371 |  |           | $ | 371 |  |  | $ | 373 | 
|                       |  |  |  | Double Cab Corp ##                |  | Term Loan                                           |  | 07/13/12        |  | 07/13/15     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 364 |  |  | $ | 366 | 
|                       |  |  |  | Tarafdar Abul & Tarafdar Luthf    |  | Term Loan                                           |  | 08/13/10        |  | 08/13/16     |  |               | 1 |  |               | * |                   |  | 7.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 365 |  |  | $ | 365 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |   |  |               |   |                   |  |      |                     |  |   |                                      |  |  |          |       |  |           |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | - |  | ------------- | - | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | ----- |  | --------- | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |   |  | % ofNetAssets |   | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |       |  | FairValue |  
|                       |  |  |  | Malkit Singh ##                   |  | Term Loan                                           |  | 08/01/12        |  | 08/01/15     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 347 |  |  | $ | 348 | 
|                       |  |  |  | Nour-Ditmars Zamalek Corp ##      |  | Term Loan                                           |  | 04/01/11        |  | 04/01/14     |  |               | 1 |  |               | * |                   |  | 4.90 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 345 |  |  | $ | 343 | 
|                       |  |  |  | Elsayed A Hassan ##               |  | Term Loan                                           |  | 11/28/11        |  | 11/28/14     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 339 |  |  | $ | 338 | 
|                       |  |  |  | Bj Cab Corp/Note 1 Of 2           |  | Term Loan                                           |  | 06/12/13        |  | 06/12/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 319 |  |  | $ | 323 | 
|                       |  |  |  | Bj Cab Corp/Note 2 Of 2           |  | Term Loan                                           |  | 06/12/13        |  | 06/12/16     |  |               | 1 |  |               | * |                   |  | 3.63 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 319 |  |  | $ | 321 | 
|                       |  |  |  | Georges Desrosiers ##             |  | Term Loan                                           |  | 06/26/12        |  | 06/26/15     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 316 |  |  | $ | 317 | 
|                       |  |  |  | Zorro Taxi Inc ##                 |  | Term Loan                                           |  | 12/20/13        |  | 12/20/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 304 |  |  | $ | 306 | 
|                       |  |  |  | Jean B Guerrier ##                |  | Term Loan                                           |  | 08/08/12        |  | 08/08/15     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 304 |  |  | $ | 306 | 
|                       |  |  |  | Medora Moreira & Juan Mendoza ##  |  | Term Loan                                           |  | 02/18/11        |  | 02/18/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 304 |  |  | $ | 302 | 
|                       |  |  |  | Joubert Toussaint ##              |  | Term Loan                                           |  | 01/10/14        |  | 01/10/17     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  | $        | 300   |  |           | $ | 299 |  |  | $ | 301 | 
|                       |  |  |  | Kornos Taxi Inc ##                |  | Term Loan                                           |  | 09/04/12        |  | 09/04/15     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 290 |  |  | $ | 291 | 
|                       |  |  |  | Jened Cab Corp ##                 |  | Term Loan                                           |  | 03/13/12        |  | 01/13/17     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 287 |  |  | $ | 288 | 
|                       |  |  |  | Platform Taxi Service/Mbank       |  | Term Loan                                           |  | 05/04/12        |  | 05/12/17     |  |               | 1 |  |               | * |                   |  | 5.57 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 285 |  |  | $ | 285 | 
|                       |  |  |  | Paros Taxi LLC                    |  | Term Loan                                           |  | 03/28/14        |  | 03/28/17     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  | $        | 1,870 |  |           | $ | 283 |  |  | $ | 285 | 
|                       |  |  |  | Mohammmed H Iqbal ##              |  | Term Loan                                           |  | 09/14/12        |  | 09/14/15     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 280 |  |  | $ | 281 | 
|                       |  |  |  | Kesef Taxi Inc/Mbank              |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 251 |  |  | $ | 251 | 
|                       |  |  |  | Tarek Elsaid ##                   |  | Term Loan                                           |  | 05/27/11        |  | 04/25/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 250 |  |  | $ | 249 | 
|                       |  |  |  | Daniel Victor ##                  |  | Term Loan                                           |  | 05/06/13        |  | 05/06/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 229 |  |  | $ | 230 | 
|                       |  |  |  | Ede Service Corp                  |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1 |  |               | * |                   |  | 2.81 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 210 |  |  | $ | 210 | 
|                       |  |  |  | Lissade Aurelus ##                |  | Term Loan                                           |  | 05/01/13        |  | 05/01/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 207 |  |  | $ | 208 | 
|                       |  |  |  | Mohammad Ashraf Ali ##            |  | Term Loan                                           |  | 01/17/12        |  | 01/09/15     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 196 |  |  | $ | 195 | 
|                       |  |  |  | Frank Nobile ##                   |  | Term Loan                                           |  | 11/26/12        |  | 11/26/17     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 190 |  |  | $ | 191 | 
|                       |  |  |  | Wan Sang Lau & Mary Quan Lau ##   |  | Term Loan                                           |  | 03/20/13        |  | 03/20/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 190 |  |  | $ | 190 | 
|                       |  |  |  | Roman Fermin ##                   |  | Term Loan                                           |  | 08/09/13        |  | 08/09/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 186 |  |  | $ | 187 | 
|                       |  |  |  | Jackie L Chaiken & Michael Cha ## |  | Term Loan                                           |  | 03/26/13        |  | 03/26/16     |  |               | 1 |  |               | * |                   |  | 3.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 185 |  |  | $ | 186 | 
|                       |  |  |  | Gasless Transit LLC/Bnote         |  | Term Loan                                           |  | 10/23/06        |  | 10/23/16     |  |               | 1 |  |               | * |                   |  | 2.67 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | Electron Transit LLC/B Note       |  | Term Loan                                           |  | 10/23/06        |  | 10/23/16     |  |               | 1 |  |               | * |                   |  | 2.67 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | Fusion Transit LLC/B Note         |  | Term Loan                                           |  | 10/23/06        |  | 10/23/16     |  |               | 1 |  |               | * |                   |  | 2.67 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | Atom Transit LLC/B Note           |  | Term Loan                                           |  | 11/03/06        |  | 11/03/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | Duracell Transit LLC/B Note       |  | Term Loan                                           |  | 11/03/06        |  | 11/03/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 175 |  |  | $ | 175 | 
|                       |  |  |  | Bella Hacking Corp                |  | Term Loan                                           |  | 06/25/04        |  | 06/25/16     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 173 |  |  | $ | 172 | 
|                       |  |  |  | Abdul H Abid ##                   |  | Term Loan                                           |  | 06/09/09        |  | 06/09/14     |  |               | 1 |  |               | * |                   |  | 6.38 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 166 |  |  | $ | 165 | 
|                       |  |  |  | Ede Service Corp/Mfun             |  | Term Loan                                           |  | 07/24/07        |  | 07/20/17     |  |               | 1 |  |               | * |                   |  | 2.81 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 151 |  |  | $ | 151 | 
|                       |  |  |  | Nicolae Blidariu                  |  | Term Loan                                           |  | 02/29/08        |  | 02/28/23     |  |               | 1 |  |               | * |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 142 |  |  | $ | 143 | 
|                       |  |  |  | Ny Diploma Taxi Co                |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1 |  |               | * |                   |  | 2.81 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 140 |  |  | $ | 140 | 
|                       |  |  |  | Yosi Transit Inc                  |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1 |  |               | * |                   |  | 2.81 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 140 |  |  | $ | 140 | 
|                       |  |  |  | Joseph Bologna ##                 |  | Term Loan                                           |  | 10/06/10        |  | 10/01/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 139 |  |  | $ | 138 | 
|                       |  |  |  | Mode Service Corp                 |  | Term Loan                                           |  | 06/02/11        |  | 06/01/21     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 134 |  |  | $ | 133 | 
|                       |  |  |  | Anastasios Tsiklidis              |  | Term Loan                                           |  | 04/15/11        |  | 01/15/18     |  |               | 1 |  |               | * |                   |  | 3.60 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 108 |  |  | $ | 109 | 
|                       |  |  |  | Tlg Hacking Corp/Mbnk             |  | Term Loan                                           |  | 03/12/14        |  | 03/12/17     |  |               | 1 |  |               | * |                   |  | 6.25 | %                   |  | $ | 0                                    |  |  | $        | 108   |  |           | $ | 108 |  |  | $ | 108 | 
|                       |  |  |  | Papa Of 5 Hacking Corp/Mbnk       |  | Term Loan                                           |  | 03/12/14        |  | 03/12/17     |  |               | 1 |  |               | * |                   |  | 6.25 | %                   |  | $ | 0                                    |  |  | $        | 108   |  |           | $ | 108 |  |  | $ | 108 | 
|                       |  |  |  | Esg Hacking Corp/Mbnk             |  | Term Loan                                           |  | 03/12/14        |  | 03/12/17     |  |               | 1 |  |               | * |                   |  | 6.25 | %                   |  | $ | 0                                    |  |  | $        | 108   |  |           | $ | 108 |  |  | $ | 108 | 
|                       |  |  |  | Mama Of 5 Hacking Corp/Mbnk       |  | Term Loan                                           |  | 03/12/14        |  | 03/12/17     |  |               | 1 |  |               | * |                   |  | 6.25 | %                   |  | $ | 0                                    |  |  | $        | 108   |  |           | $ | 108 |  |  | $ | 108 | 
|                       |  |  |  | Jeffrey Hacking Corp/Mbnk         |  | Term Loan                                           |  | 03/12/14        |  | 03/12/17     |  |               | 1 |  |               | * |                   |  | 6.25 | %                   |  | $ | 0                                    |  |  | $        | 108   |  |           | $ | 108 |  |  | $ | 108 | 
|                       |  |  |  | Norberto Cardona ##               |  | Term Loan                                           |  | 03/30/12        |  | 03/30/17     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 103 |  |  | $ | 104 | 
|                       |  |  |  | Ny Diploma Taxi Corp/Mfun         |  | Term Loan                                           |  | 07/24/07        |  | 07/20/17     |  |               | 1 |  |               | * |                   |  | 2.81 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 101 |  |  | $ | 101 | 
|                       |  |  |  | Wilfrid Barreau                   |  | Term Loan                                           |  | 12/29/09        |  | 12/29/16     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 94  |  |  | $ | 94  | 
|                       |  |  |  | Neutron Transit LLC/B Note        |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Quark Transit LLC/B Note          |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Proton Transit LLC/B Note         |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Rechargeable Transit LLC/Bnote    |  | Term Loan                                           |  | 10/16/06        |  | 10/16/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Hybrid Transit LLC/B Note         |  | Term Loan                                           |  | 10/23/06        |  | 10/23/16     |  |               | 1 |  |               | * |                   |  | 2.67 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Kinetic Transit LLC/B Note        |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Isotope Transit LLC/B Note        |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Lowvolt Transit LLC               |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Mixfuel Transit LLCb Note         |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Juiced Transit LLC/B Note         |  | Term Loan                                           |  | 10/31/06        |  | 10/31/16     |  |               | 1 |  |               | * |                   |  | 3.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 85  | 
|                       |  |  |  | Boris Ushman ##                   |  | Term Loan                                           |  | 05/21/03        |  | 04/13/15     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 85  |  |  | $ | 84  | 
|                       |  |  |  | Soho Cab Corp                     |  | Term Loan                                           |  | 02/11/14        |  | 02/11/17     |  |               | 1 |  |               | * |                   |  | 3.38 | %                   |  | $ | 0                                    |  |  | $        | 1,570 |  |           | $ | 79  |  |  | $ | 81  | 
|                       |  |  |  | William G Ward ##                 |  | Term Loan                                           |  | 04/29/13        |  | 04/29/16     |  |               | 1 |  |               | * |                   |  | 3.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 79  |  |  | $ | 80  | 
|                       |  |  |  | Bu Taxi LLC/Mbank                 |  | Term Loan                                           |  | 12/29/10        |  | 11/01/16     |  |               | 1 |  |               | * |                   |  | 3.10 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 75  |  |  | $ | 75  | 
|                       |  |  |  | Calcium One Service Inc           |  | Term Loan                                           |  | 02/23/07        |  | 02/23/17     |  |               | 1 |  |               | * |                   |  | 1.73 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 71  |  |  | $ | 71  | 
|                       |  |  |  | Jean Pierre Trans Inc             |  | Term Loan                                           |  | 02/26/14        |  | 02/26/18     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  | $        | 1,320 |  |           | $ | 66  |  |  | $ | 68  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |     |  |               |     |                   |  |       |                     |  |   |                                      |  |  |          |       |  |           |   |        |  |  |   |        | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | --- |  | ------------- | --- | ----------------- |  | ----- | ------------------- |  | - | ------------------------------------ |  |  | -------- | ----- |  | --------- | - | ------ |  |  | - | ------ | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |     |  | % ofNetAssets |     | InterestRate 
(1) |  |       | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |       |  | FairValue |  
|                       |  |  |  | Ede Service Corp                  |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1   |  |               | *   |                   |  | 2.81  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 69     |  |  | $ | 68     | 
|                       |  |  |  | Y Mommy Taxi Inc/Mbank            |  | Term Loan                                           |  | 12/23/10        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 60     |  |  | $ | 60     | 
|                       |  |  |  | Ruckman Hacking Corp              |  | Term Loan                                           |  | 08/30/13        |  | 02/22/16     |  |               | 1   |  |               | *   |                   |  | 2.80  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 57     |  |  | $ | 59     | 
|                       |  |  |  | Sonnet Service Co Inc             |  | Term Loan                                           |  | 08/30/13        |  | 02/22/16     |  |               | 1   |  |               | *   |                   |  | 2.80  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 57     |  |  | $ | 59     | 
|                       |  |  |  | Granny Hacking Corp               |  | Term Loan                                           |  | 03/07/13        |  | 03/07/18     |  |               | 1   |  |               | *   |                   |  | 3.50  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 54     |  |  | $ | 59     | 
|                       |  |  |  | Sushil Maggoo                     |  | Term Loan                                           |  | 06/27/13        |  | 06/27/17     |  |               | 1   |  |               | *   |                   |  | 3.75  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 55     |  |  | $ | 57     | 
|                       |  |  |  | Appoint Cab Corp/Mbank            |  | Term Loan                                           |  | 12/06/10        |  | 04/06/14     |  |               | 1   |  |               | *   |                   |  | 7.96  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 57     |  |  | $ | 57     | 
|                       |  |  |  | Ptah Cab Corp                     |  | Term Loan                                           |  | 03/12/14        |  | 03/12/17     |  |               | 1   |  |               | *   |                   |  | 3.00  | %                   |  | $ | 0                                    |  |  | $        | 1,100 |  |           | $ | 55     |  |  | $ | 57     | 
|                       |  |  |  | Blend Transit LLC/B Note          |  | Term Loan                                           |  | 11/03/06        |  | 11/03/16     |  |               | 1   |  |               | *   |                   |  | 3.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 56     |  |  | $ | 56     | 
|                       |  |  |  | Composite Transit LLC             |  | Term Loan                                           |  | 11/03/06        |  | 11/03/16     |  |               | 1   |  |               | *   |                   |  | 3.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 56     |  |  | $ | 56     | 
|                       |  |  |  | Cora Hacking Corp                 |  | Term Loan                                           |  | 03/07/13        |  | 03/07/18     |  |               | 1   |  |               | *   |                   |  | 3.50  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 54     |  |  | $ | 56     | 
|                       |  |  |  | Goodspeed Transit Inc             |  | Term Loan                                           |  | 08/14/13        |  | 08/14/16     |  |               | 1   |  |               | *   |                   |  | 2.80  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 54     |  |  | $ | 56     | 
|                       |  |  |  | Y Daddy Taxi Inc/Mbank            |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 55     |  |  | $ | 55     | 
|                       |  |  |  | Network Agami Cab Corp            |  | Term Loan                                           |  | 02/27/13        |  | 02/27/16     |  |               | 1   |  |               | *   |                   |  | 3.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 49     |  |  | $ | 51     | 
|                       |  |  |  | Nirvair Trans LLC/Mbnk            |  | Term Loan                                           |  | 02/04/14        |  | 02/04/17     |  |               | 1   |  |               | *   |                   |  | 8.50  | %                   |  | $ | 0                                    |  |  | $        | 49    |  |           | $ | 49     |  |  | $ | 49     | 
|                       |  |  |  | Jagjit Singh/Mbnk                 |  | Term Loan                                           |  | 02/14/14        |  | 02/14/17     |  |               | 1   |  |               | *   |                   |  | 8.58  | %                   |  | $ | 0                                    |  |  | $        | 49    |  |           | $ | 49     |  |  | $ | 49     | 
|                       |  |  |  | Calcium One Service Inc           |  | Term Loan                                           |  | 02/23/07        |  | 02/23/17     |  |               | 1   |  |               | *   |                   |  | 1.73  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 49     |  |  | $ | 49     | 
|                       |  |  |  | Orbit Agami Cab LLC               |  | Term Loan                                           |  | 11/05/10        |  | 10/01/16     |  |               | 1   |  |               | *   |                   |  | 2.88  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 48     |  |  | $ | 48     | 
|                       |  |  |  | Ny Diploma Taxi Co                |  | Term Loan                                           |  | 07/20/07        |  | 07/20/17     |  |               | 1   |  |               | *   |                   |  | 2.81  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 46     |  |  | $ | 46     | 
|                       |  |  |  | Justin Hacking Corp               |  | Term Loan                                           |  | 08/14/13        |  | 08/14/16     |  |               | 1   |  |               | *   |                   |  | 2.80  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 42     |  |  | $ | 44     | 
|                       |  |  |  | Samiullah Zaman                   |  | Term Loan                                           |  | 12/02/13        |  | 12/02/17     |  |               | 1   |  |               | *   |                   |  | 4.50  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 41     |  |  | $ | 43     | 
|                       |  |  |  | Balwinder Singh                   |  | Term Loan                                           |  | 02/19/14        |  | 02/07/19     |  |               | 1   |  |               | *   |                   |  | 5.25  | %                   |  | $ | 0                                    |  |  | $        | 40    |  |           | $ | 39     |  |  | $ | 41     | 
|                       |  |  |  | Bursa Cab Corp/Note 1             |  | Term Loan                                           |  | 03/23/01        |  | 09/10/23     |  |               | 1   |  |               | *   |                   |  | 6.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 40     |  |  | $ | 40     | 
|                       |  |  |  | Hshmul Taxi LLC/Mbnk              |  | Term Loan                                           |  | 03/17/14        |  | 03/17/17     |  |               | 1   |  |               | *   |                   |  | 6.50  | %                   |  | $ | 0                                    |  |  | $        | 40    |  |           | $ | 40     |  |  | $ | 40     | 
|                       |  |  |  | Nosea Taxi LLC                    |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 38     |  |  | $ | 39     | 
|                       |  |  |  | Zahav Taxi LLC/Mbank              |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 38     |  |  | $ | 38     | 
|                       |  |  |  | Eddy Joseph ##                    |  | Term Loan                                           |  | 12/20/00        |  | 12/02/15     |  |               | 1   |  |               | *   |                   |  | 4.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 37     |  |  | $ | 37     | 
|                       |  |  |  | Bursa Cab Corp/Note 2             |  | Term Loan                                           |  | 03/23/01        |  | 09/10/23     |  |               | 1   |  |               | *   |                   |  | 6.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 33     |  |  | $ | 33     | 
|                       |  |  |  | Yme Transit Inc                   |  | Term Loan                                           |  | 08/14/13        |  | 08/14/16     |  |               | 1   |  |               | *   |                   |  | 2.80  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 31     |  |  | $ | 33     | 
|                       |  |  |  | Y Mike Taxi Inc                   |  | Term Loan                                           |  | 01/06/11        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 30     |  |  | $ | 31     | 
|                       |  |  |  | Y Meir Taxi Inc/Mbnk              |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 30     |  |  | $ | 30     | 
|                       |  |  |  | Y Michal Taxi Inc/Mbnk            |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 30     |  |  | $ | 30     | 
|                       |  |  |  | S&M Taxi Inc/Mbank                |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 30     |  |  | $ | 30     | 
|                       |  |  |  | N&A Taxi Inc/Mbank                |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 30     |  |  | $ | 30     | 
|                       |  |  |  | Y Mati Taxi Inc/Mbnk              |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 30     |  |  | $ | 30     | 
|                       |  |  |  | M.M.Y Taxi Inc                    |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 30     |  |  | $ | 30     | 
|                       |  |  |  | Fido Cab Corp                     |  | Term Loan                                           |  | 08/14/13        |  | 08/14/16     |  |               | 1   |  |               | *   |                   |  | 2.80  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 26     |  |  | $ | 28     | 
|                       |  |  |  | Brandon Taxi LLC/Mbank            |  | Term Loan                                           |  | 11/24/10        |  | 11/20/15     |  |               | 1   |  |               | *   |                   |  | 6.63  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 25     |  |  | $ | 25     | 
|                       |  |  |  | Barth Taxi LLC/Mbank              |  | Term Loan                                           |  | 11/24/10        |  | 11/20/15     |  |               | 1   |  |               | *   |                   |  | 6.63  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 25     |  |  | $ | 25     | 
|                       |  |  |  | Mohammed Abdu & H Hedru/Mbank     |  | Term Loan                                           |  | 08/11/06        |  | 02/05/16     |  |               | 1   |  |               | *   |                   |  | 5.71  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 21     |  |  | $ | 21     | 
|                       |  |  |  | Yegal Express Cab Co/Mbank        |  | Term Loan                                           |  | 11/10/10        |  | 08/28/20     |  |               | 1   |  |               | *   |                   |  | 6.38  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 21     |  |  | $ | 21     | 
|                       |  |  |  | Opera Taxi Inc/Mbank              |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 21     |  |  | $ | 21     | 
|                       |  |  |  | Ronen Taxi Inc/Mbank              |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 21     |  |  | $ | 21     | 
|                       |  |  |  | Mry Taxi Inc/Mbank                |  | Term Loan                                           |  | 07/16/12        |  | 11/01/16     |  |               | 1   |  |               | *   |                   |  | 3.10  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 21     |  |  | $ | 21     | 
|                       |  |  |  | Harold Torres ##                  |  | Term Loan                                           |  | 10/01/13        |  | 11/01/17     |  |               | 1   |  |               | *   |                   |  | 4.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 18     |  |  | $ | 20     | 
|                       |  |  |  | Vosiem Hacking Corp               |  | Term Loan                                           |  | 08/14/13        |  | 08/14/16     |  |               | 1   |  |               | *   |                   |  | 2.80  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 17     |  |  | $ | 19     | 
|                       |  |  |  | Devinder P Singh & Guneet/Mbnk    |  | Term Loan                                           |  | 02/19/14        |  | 02/19/17     |  |               | 1   |  |               | *   |                   |  | 6.50  | %                   |  | $ | 0                                    |  |  | $        | 16    |  |           | $ | 16     |  |  | $ | 16     | 
|                       |  |  |  | Jean M Venord/Mbank               |  | Term Loan                                           |  | 02/11/10        |  | 04/10/15     |  |               | 1   |  |               | *   |                   |  | 6.38  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 13     |  |  | $ | 13     | 
|                       |  |  |  | Y.A.M. Associates Corp            |  | Term Loan                                           |  | 04/30/13        |  | 10/24/15     |  |               | 1   |  |               | *   |                   |  | 4.25  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 10     |  |  | $ | 12     | 
|                       |  |  |  | Nestor R Trivino                  |  | Term Loan                                           |  | 02/22/12        |  | 02/22/15     |  |               | 1   |  |               | *   |                   |  | 10.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 10     |  |  | $ | 11     | 
|                       |  |  |  | Sonia M Trivino                   |  | Term Loan                                           |  | 02/22/12        |  | 02/22/15     |  |               | 1   |  |               | *   |                   |  | 10.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 10     |  |  | $ | 11     | 
|                       |  |  |  | Guy Fouyolle ##                   |  | Term Loan                                           |  | 08/18/11        |  | 08/18/15     |  |               | 1   |  |               | *   |                   |  | 4.75  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 9      |  |  | $ | 9      | 
|                       |  |  |  | Y.A.M. Associates Corp            |  | Term Loan                                           |  | 10/18/11        |  | 04/18/14     |  |               | 1   |  |               | *   |                   |  | 6.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 8      |  |  | $ | 8      | 
|                       |  |  |  | Jorge R Sahad/Mbank               |  | Term Loan                                           |  | 04/27/10        |  | 02/03/15     |  |               | 1   |  |               | *   |                   |  | 8.83  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 4      |  |  | $ | 4      | 
|                       |  |  |  | Y.A.M. Associates Corp            |  | Term Loan                                           |  | 11/14/11        |  | 05/14/14     |  |               | 1   |  |               | *   |                   |  | 6.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 2      |  |  | $ | 2      | 
|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |              
|Chicago                |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               | 110 |  |               | 15% |                   |  | 4.93  | %                   |  | $ | 0                                    |  |  | $        | 566   |  |           | $ | 41,896 |  |  | $ | 41,951 | 
|                       |  |  |  | Sweetgrass Peach &Chadwick Cap ## |  | Term Loan                                           |  | 08/28/12        |  | 08/28/15     |  |               | 1   |  |               | 1%  |                   |  | 5.50  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 1,690  |  |  | $ | 1,682  | 
|                       |  |  |  | Regal Cab Company Et Al ##        |  | Term Loan                                           |  | 08/29/13        |  | 08/29/16     |  |               | 1   |  |               | 1%  |                   |  | 5.00  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 1,387  |  |  | $ | 1,382  | 
|                       |  |  |  | Chicago Medallion Nine LLC ##     |  | Term Loan                                           |  | 05/02/12        |  | 05/02/17     |  |               | 1   |  |               | *   |                   |  | 5.75  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 1,361  |  |  | $ | 1,355  | 
|                       |  |  |  | Lucky Seven Chicago One Inc ##    |  | Term Loan                                           |  | 07/19/12        |  | 07/19/15     |  |               | 1   |  |               | *   |                   |  | 4.88  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 1,245  |  |  | $ | 1,240  | 
|                       |  |  |  | Blue Eyes Cab Corp ##             |  | Term Loan                                           |  | 07/19/12        |  | 07/19/15     |  |               | 1   |  |               | *   |                   |  | 4.88  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 1,245  |  |  | $ | 1,239  | 
|                       |  |  |  | Oia Cab Corp ##                   |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *   |                   |  | 3.75  | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 1,029  |  |  | $ | 1,030  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |   |  |               |   |                   |  |      |                     |  |   |                                      |  |  |          |     |  |           |   |       |  |  |   |       | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | - |  | ------------- | - | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | --- |  | --------- | - | ----- |  |  | - | ----- | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |   |  | % ofNetAssets |   | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Michael Two Cab Corp ##           |  | Term Loan                                           |  | 07/12/12        |  | 04/25/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 1,032 |  |  | $ | 1,028 | 
|                       |  |  |  | Johns Cabs Corp ##                |  | Term Loan                                           |  | 04/12/12        |  | 04/12/15     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 1,009 |  |  | $ | 1,005 | 
|                       |  |  |  | Harriet C Inc ##                  |  | Term Loan                                           |  | 10/19/12        |  | 10/19/16     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 913   |  |  | $ | 910   | 
|                       |  |  |  | Chicago Medallion Two LLC ##      |  | Term Loan                                           |  | 12/02/11        |  | 12/02/16     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 878   |  |  | $ | 875   | 
|                       |  |  |  | Chicago Medallion Three LLC ##    |  | Term Loan                                           |  | 12/02/11        |  | 12/02/16     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 878   |  |  | $ | 875   | 
|                       |  |  |  | Chicago Medallion One LLC ##      |  | Term Loan                                           |  | 12/02/11        |  | 12/02/16     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 878   |  |  | $ | 875   | 
|                       |  |  |  | Chicago Medallion Four LLC ##     |  | Term Loan                                           |  | 12/02/11        |  | 12/02/16     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 877   |  |  | $ | 874   | 
|                       |  |  |  | Lmb Taxi V Inc ##                 |  | Term Loan                                           |  | 07/12/12        |  | 04/25/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 860   |  |  | $ | 856   | 
|                       |  |  |  | Lmb Taxi Iv Inc ##                |  | Term Loan                                           |  | 07/12/12        |  | 04/25/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 860   |  |  | $ | 856   | 
|                       |  |  |  | Santorini Six Cab Corp ##         |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 824   |  |  | $ | 825   | 
|                       |  |  |  | Santorini Five Cab Corp ##        |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 824   |  |  | $ | 825   | 
|                       |  |  |  | Tribeca Two Cab Corp ##           |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 823   |  |  | $ | 824   | 
|                       |  |  |  | Santorini Four Cab Corp ##        |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 823   |  |  | $ | 824   | 
|                       |  |  |  | Stny Taxi Corp ##                 |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1 |  |               | * |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 823   |  |  | $ | 824   | 
|                       |  |  |  | Carol Of Illinois Enterprises ##  |  | Term Loan                                           |  | 03/28/13        |  | 03/28/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 685   |  |  | $ | 683   | 
|                       |  |  |  | Chicago Medallion Seven LLC ##    |  | Term Loan                                           |  | 05/02/12        |  | 05/02/17     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 681   |  |  | $ | 679   | 
|                       |  |  |  | Coffee Taxi LLC ##                |  | Term Loan                                           |  | 10/10/13        |  | 10/10/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 633   |  |  | $ | 635   | 
|                       |  |  |  | Rahwa & Bros Cab Co, Et Al ##     |  | Term Loan                                           |  | 01/08/13        |  | 01/08/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 635   |  |  | $ | 633   | 
|                       |  |  |  | Met Cab Co ##                     |  | Term Loan                                           |  | 08/29/13        |  | 08/29/16     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 595   |  |  | $ | 597   | 
|                       |  |  |  | Ray Cab Company ##                |  | Term Loan                                           |  | 08/29/13        |  | 08/29/16     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 595   |  |  | $ | 597   | 
|                       |  |  |  | N And M Valdof Hacking Corp ##    |  | Term Loan                                           |  | 05/01/13        |  | 05/01/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 557   |  |  | $ | 558   | 
|                       |  |  |  | Mikhalia Cabs Nine Inc ##         |  | Term Loan                                           |  | 07/12/12        |  | 04/25/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 516   |  |  | $ | 514   | 
|                       |  |  |  | Kayla Hacking Corp ##             |  | Term Loan                                           |  | 07/12/12        |  | 04/25/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 516   |  |  | $ | 514   | 
|                       |  |  |  | Natasha Transportation Inc ##     |  | Term Loan                                           |  | 05/01/13        |  | 05/01/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 504   |  |  | $ | 505   | 
|                       |  |  |  | Mike Taxi Corp ##                 |  | Term Loan                                           |  | 05/01/13        |  | 05/01/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 503   |  |  | $ | 504   | 
|                       |  |  |  | Natalia Taxi Corp ##              |  | Term Loan                                           |  | 05/01/13        |  | 05/01/16     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 502   |  |  | $ | 503   | 
|                       |  |  |  | Cozy Cab Co ##                    |  | Term Loan                                           |  | 08/29/13        |  | 08/29/16     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 495   |  |  | $ | 497   | 
|                       |  |  |  | Dell Cab Corp ##                  |  | Term Loan                                           |  | 08/29/13        |  | 08/29/16     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 495   |  |  | $ | 497   | 
|                       |  |  |  | Moo Moo Cab Co ##                 |  | Term Loan                                           |  | 08/14/13        |  | 08/14/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 474   |  |  | $ | 476   | 
|                       |  |  |  | Musanour Cab Inc ##               |  | Term Loan                                           |  | 09/27/13        |  | 09/27/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 472   |  |  | $ | 474   | 
|                       |  |  |  | Tumblin Dice Taxi Inc             |  | Term Loan                                           |  | 04/10/13        |  | 04/10/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 465   |  |  | $ | 466   | 
|                       |  |  |  | Blue Valentine Cab Corp           |  | Term Loan                                           |  | 04/10/13        |  | 04/10/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 465   |  |  | $ | 466   | 
|                       |  |  |  | Grapevine Taxi LLC ##             |  | Term Loan                                           |  | 10/10/13        |  | 10/10/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 317   |  |  | $ | 319   | 
|                       |  |  |  | Little Wing Cab Corp              |  | Term Loan                                           |  | 04/10/13        |  | 04/10/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 312   |  |  | $ | 313   | 
|                       |  |  |  | American Buffalo Cab Corp         |  | Term Loan                                           |  | 04/10/13        |  | 04/10/16     |  |               | 1 |  |               | * |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 310   |  |  | $ | 311   | 
|                       |  |  |  | Dome Cab Corp ##                  |  | Term Loan                                           |  | 08/29/13        |  | 08/29/16     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 297   |  |  | $ | 299   | 
|                       |  |  |  | Valasia Cab Co ##                 |  | Term Loan                                           |  | 01/18/12        |  | 01/18/15     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 267   |  |  | $ | 266   | 
|                       |  |  |  | C Dortch Inc ##                   |  | Term Loan                                           |  | 12/04/13        |  | 12/04/16     |  |               | 1 |  |               | * |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 263   |  |  | $ | 265   | 
|                       |  |  |  | Taxi For Less Inc                 |  | Term Loan                                           |  | 05/06/13        |  | 05/06/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 261   |  |  | $ | 262   | 
|                       |  |  |  | Chicago Seven Inc/Mbnk            |  | Term Loan                                           |  | 07/19/12        |  | 07/19/15     |  |               | 1 |  |               | * |                   |  | 7.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 253   |  |  | $ | 253   | 
|                       |  |  |  | Karbala Express Inc ##            |  | Term Loan                                           |  | 02/26/13        |  | 02/26/18     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 245   |  |  | $ | 246   | 
|                       |  |  |  | Taxi For Less Inc ##              |  | Term Loan                                           |  | 09/20/12        |  | 09/20/16     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 242   |  |  | $ | 243   | 
|                       |  |  |  | Les & Thera LLC                   |  | Term Loan                                           |  | 05/08/13        |  | 05/08/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 241   |  |  | $ | 242   | 
|                       |  |  |  | Nakfa Corp ##                     |  | Term Loan                                           |  | 06/17/13        |  | 06/17/18     |  |               | 1 |  |               | * |                   |  | 4.88 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 240   |  |  | $ | 242   | 
|                       |  |  |  | Zeyrefda Inc ##                   |  | Term Loan                                           |  | 05/17/13        |  | 05/17/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 239   |  |  | $ | 241   | 
|                       |  |  |  | Tekezze Inc                       |  | Term Loan                                           |  | 12/11/13        |  | 12/11/18     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 238   |  |  | $ | 240   | 
|                       |  |  |  | Interwoodex Inc ##                |  | Term Loan                                           |  | 11/07/13        |  | 11/07/18     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 238   |  |  | $ | 240   | 
|                       |  |  |  | Adom Enterprise, Inc ##           |  | Term Loan                                           |  | 09/27/13        |  | 09/27/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 237   |  |  | $ | 239   | 
|                       |  |  |  | Helen Habte Corp ##               |  | Term Loan                                           |  | 10/01/13        |  | 10/01/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 237   |  |  | $ | 239   | 
|                       |  |  |  | Tad Taxi Co ##                    |  | Term Loan                                           |  | 11/13/13        |  | 11/13/18     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 237   |  |  | $ | 239   | 
|                       |  |  |  | Shere Corp ##                     |  | Term Loan                                           |  | 07/26/13        |  | 07/26/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 236   |  |  | $ | 238   | 
|                       |  |  |  | Tahoora Transportation Inc. ##    |  | Term Loan                                           |  | 07/26/13        |  | 07/26/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 236   |  |  | $ | 238   | 
|                       |  |  |  | Aniba Management & Services In ## |  | Term Loan                                           |  | 09/27/13        |  | 09/27/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 236   |  |  | $ | 238   | 
|                       |  |  |  | Asmara Inc ##                     |  | Term Loan                                           |  | 04/11/13        |  | 04/11/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 235   |  |  | $ | 237   | 
|                       |  |  |  | Alex Z Cab Corp                   |  | Term Loan                                           |  | 04/22/13        |  | 04/22/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 234   |  |  | $ | 236   | 
|                       |  |  |  | Three Kids Corp                   |  | Term Loan                                           |  | 04/15/13        |  | 04/15/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 231   |  |  | $ | 233   | 
|                       |  |  |  | Nike Yomi Inc ##                  |  | Term Loan                                           |  | 08/06/13        |  | 08/06/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 231   |  |  | $ | 233   | 
|                       |  |  |  | Annabelle Cab Corporation ##      |  | Term Loan                                           |  | 02/14/14        |  | 02/14/19     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  | $        | 230 |  |           | $ | 229   |  |  | $ | 230   | 
|                       |  |  |  | Nour Enterprise Inc ##            |  | Term Loan                                           |  | 09/16/13        |  | 09/16/18     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 227   |  |  | $ | 229   | 
|                       |  |  |  | Yenemekoya Inc ##                 |  | Term Loan                                           |  | 06/28/13        |  | 06/28/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 220   |  |  | $ | 222   | 
|                       |  |  |  | Showcase Sports Management Cor ## |  | Term Loan                                           |  | 01/22/10        |  | 01/11/16     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 220   |  |  | $ | 219   | 
|                       |  |  |  | Alkarim Chicago Inc ##            |  | Term Loan                                           |  | 11/27/13        |  | 11/27/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 216   |  |  | $ | 218   | 
|                       |  |  |  | Rahel Express Inc ##              |  | Term Loan                                           |  | 12/27/13        |  | 12/27/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 204   |  |  | $ | 206   | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |     |  |               |    |                   |  |      |                     |  |   |                                      |  |  |          |       |  |           |   |        |  |  |   |        | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | --- |  | ------------- | -- | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | ----- |  | --------- | - | ------ |  |  | - | ------ | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |     |  | % ofNetAssets |    | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |       |  | FairValue |  
|                       |  |  |  | Jiffy Cab Co ##                   |  | Term Loan                                           |  | 08/29/13        |  | 08/29/16     |  |               | 1   |  |               | *  |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 198    |  |  | $ | 200    | 
|                       |  |  |  | Pireas Taxi Corp ##               |  | Term Loan                                           |  | 06/07/13        |  | 06/07/16     |  |               | 1   |  |               | *  |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 197    |  |  | $ | 198    | 
|                       |  |  |  | Life Cab Corp ##                  |  | Term Loan                                           |  | 09/18/13        |  | 09/18/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 191    |  |  | $ | 193    | 
|                       |  |  |  | Kalib 2010 Inc ##                 |  | Term Loan                                           |  | 07/16/13        |  | 07/16/17     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 177    |  |  | $ | 179    | 
|                       |  |  |  | Naneffe Inc ##                    |  | Term Loan                                           |  | 03/15/13        |  | 03/15/18     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 173    |  |  | $ | 174    | 
|                       |  |  |  | Alem B Cab Inc ##                 |  | Term Loan                                           |  | 01/22/13        |  | 01/22/18     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 171    |  |  | $ | 172    | 
|                       |  |  |  | Tedom Inc                         |  | Term Loan                                           |  | 10/29/12        |  | 10/29/17     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 167    |  |  | $ | 169    | 
|                       |  |  |  | Adi Express Inc ##                |  | Term Loan                                           |  | 09/21/12        |  | 09/21/17     |  |               | 1   |  |               | *  |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 164    |  |  | $ | 165    | 
|                       |  |  |  | Wubshet Inc ##                    |  | Term Loan                                           |  | 09/25/13        |  | 09/25/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 157    |  |  | $ | 159    | 
|                       |  |  |  | Semhar Corp ##                    |  | Term Loan                                           |  | 01/31/12        |  | 01/31/17     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 155    |  |  | $ | 156    | 
|                       |  |  |  | Significant Trans Inc ##          |  | Term Loan                                           |  | 04/06/12        |  | 04/06/17     |  |               | 1   |  |               | *  |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 155    |  |  | $ | 156    | 
|                       |  |  |  | Jpg Cab Corp                      |  | Term Loan                                           |  | 04/23/12        |  | 04/23/17     |  |               | 1   |  |               | *  |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 142    |  |  | $ | 143    | 
|                       |  |  |  | Sabina Cab Inc                    |  | Term Loan                                           |  | 04/19/13        |  | 04/19/18     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 136    |  |  | $ | 138    | 
|                       |  |  |  | Antar Trans Inc                   |  | Term Loan                                           |  | 01/17/14        |  | 01/17/19     |  |               | 1   |  |               | *  |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  | $        | 133   |  |           | $ | 132    |  |  | $ | 134    | 
|                       |  |  |  | Asmara Cab Company ##             |  | Term Loan                                           |  | 12/01/11        |  | 12/01/16     |  |               | 1   |  |               | *  |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 129    |  |  | $ | 130    | 
|                       |  |  |  | Ultra Investment Corp ##          |  | Term Loan                                           |  | 03/22/11        |  | 03/22/16     |  |               | 1   |  |               | *  |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 126    |  |  | $ | 127    | 
|                       |  |  |  | Delina Cab Inc                    |  | Term Loan                                           |  | 01/22/13        |  | 01/22/18     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 119    |  |  | $ | 121    | 
|                       |  |  |  | Bedford Cab Two Corp              |  | Term Loan                                           |  | 07/30/10        |  | 03/14/16     |  |               | 1   |  |               | *  |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 116    |  |  | $ | 116    | 
|                       |  |  |  | Imc Cab Corp                      |  | Term Loan                                           |  | 08/27/10        |  | 03/14/16     |  |               | 1   |  |               | *  |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 114    |  |  | $ | 114    | 
|                       |  |  |  | Addis Flower Taxi Cab Service     |  | Term Loan                                           |  | 02/27/14        |  | 02/27/19     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  | $        | 111   |  |           | $ | 111    |  |  | $ | 113    | 
|                       |  |  |  | Moses J Frank                     |  | Term Loan                                           |  | 04/26/13        |  | 04/26/18     |  |               | 1   |  |               | *  |                   |  | 7.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 106    |  |  | $ | 108    | 
|                       |  |  |  | Yemi Taxi Corp ##                 |  | Term Loan                                           |  | 08/01/13        |  | 08/01/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 96     |  |  | $ | 98     | 
|                       |  |  |  | Tyrone Henderson                  |  | Term Loan                                           |  | 03/12/14        |  | 03/12/19     |  |               | 1   |  |               | *  |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  | $        | 92    |  |           | $ | 92     |  |  | $ | 94     | 
|                       |  |  |  | Tigray Cab Inc                    |  | Term Loan                                           |  | 03/28/13        |  | 03/28/18     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 91     |  |  | $ | 93     | 
|                       |  |  |  | Paik Cab Co                       |  | Term Loan                                           |  | 05/26/10        |  | 05/26/15     |  |               | 1   |  |               | *  |                   |  | 8.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 92     |  |  | $ | 92     | 
|                       |  |  |  | Measho Cab Corp                   |  | Term Loan                                           |  | 06/16/11        |  | 06/16/16     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 90     |  |  | $ | 91     | 
|                       |  |  |  | Sny Cab Inc ##                    |  | Term Loan                                           |  | 12/14/11        |  | 12/14/16     |  |               | 1   |  |               | *  |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 71     |  |  | $ | 72     | 
|                       |  |  |  | Any Cab Corp                      |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 66     |  |  | $ | 67     | 
|                       |  |  |  | Deka Cab Corp (Chicago)           |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 55     |  |  | $ | 56     | 
|                       |  |  |  | Hudson Cab Corp                   |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 55     |  |  | $ | 56     | 
|                       |  |  |  | Santorini Two Cab Corp            |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 44     |  |  | $ | 45     | 
|                       |  |  |  | Tribeca Three Cab Corp            |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 44     |  |  | $ | 45     | 
|                       |  |  |  | Deka Three Cab Corp               |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 43     |  |  | $ | 44     | 
|                       |  |  |  | Laight Taxi Corp                  |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 42     |  |  | $ | 43     | 
|                       |  |  |  | Madison Cab Corp                  |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 42     |  |  | $ | 43     | 
|                       |  |  |  | Francis King Boat Inc             |  | Term Loan                                           |  | 04/17/13        |  | 04/17/18     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 34     |  |  | $ | 36     | 
|                       |  |  |  | Ali Taxi Corp ##                  |  | Term Loan                                           |  | 08/13/13        |  | 08/13/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 33     |  |  | $ | 35     | 
|                       |  |  |  | Greenwich Cab Corp                |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 33     |  |  | $ | 34     | 
|                       |  |  |  | Any Cab Two Corp                  |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 22     |  |  | $ | 23     | 
|                       |  |  |  | St Petersburg Taxi LLC            |  | Term Loan                                           |  | 05/09/13        |  | 05/09/16     |  |               | 1   |  |               | *  |                   |  | 3.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 22     |  |  | $ | 23     | 
|                       |  |  |  | Mai Sheka Inc                     |  | Term Loan                                           |  | 06/27/11        |  | 06/27/16     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 17     |  |  | $ | 18     | 
|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |              
|Newark                 |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               | 109 |  |               | 9% |                   |  | 5.45 | %                   |  | $ | 0                                    |  |  | $        | 3,201 |  |           | $ | 23,693 |  |  | $ | 23,814 | 
|                       |  |  |  | Viergella Inc ##                  |  | Term Loan                                           |  | 02/20/14        |  | 02/20/18     |  |               | 1   |  |               | 1% |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  | $        | 1,400 |  |           | $ | 1,398  |  |  | $ | 1,393  | 
|                       |  |  |  | Rachel LLC                        |  | Term Loan                                           |  | 04/25/13        |  | 04/25/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 729    |  |  | $ | 731    | 
|                       |  |  |  | Cherubin Vincent                  |  | Term Loan                                           |  | 01/23/14        |  | 01/23/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  | $        | 650   |  |           | $ | 647    |  |  | $ | 650    | 
|                       |  |  |  | K And N Taxi LLC                  |  | Term Loan                                           |  | 09/26/13        |  | 09/26/16     |  |               | 1   |  |               | *  |                   |  | 4.80 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 642    |  |  | $ | 644    | 
|                       |  |  |  | A.M.E. Transit Limited Liabili ## |  | Term Loan                                           |  | 01/10/13        |  | 01/10/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 588    |  |  | $ | 587    | 
|                       |  |  |  | Briana Taxi LLC                   |  | Term Loan                                           |  | 01/23/14        |  | 01/23/18     |  |               | 1   |  |               | *  |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  | $        | 360   |  |           | $ | 358    |  |  | $ | 360    | 
|                       |  |  |  | Saintvillien & Larochelle LLC     |  | Term Loan                                           |  | 11/14/13        |  | 11/14/18     |  |               | 1   |  |               | *  |                   |  | 4.90 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 347    |  |  | $ | 349    | 
|                       |  |  |  | Airport Travel LLC                |  | Term Loan                                           |  | 01/23/14        |  | 01/23/18     |  |               | 1   |  |               | *  |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  | $        | 330   |  |           | $ | 329    |  |  | $ | 331    | 
|                       |  |  |  | P.C. Taxi Corp                    |  | Term Loan                                           |  | 06/13/13        |  | 06/13/17     |  |               | 1   |  |               | *  |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 311    |  |  | $ | 313    | 
|                       |  |  |  | Clair 282 LLC ##                  |  | Term Loan                                           |  | 09/12/13        |  | 09/12/17     |  |               | 1   |  |               | *  |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 306    |  |  | $ | 308    | 
|                       |  |  |  | 1 Hope LLC                        |  | Term Loan                                           |  | 09/26/13        |  | 09/26/17     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 297    |  |  | $ | 299    | 
|                       |  |  |  | Cmgv #2 Taxi Inc ##               |  | Term Loan                                           |  | 12/12/13        |  | 12/12/16     |  |               | 1   |  |               | *  |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 298    |  |  | $ | 299    | 
|                       |  |  |  | Carvin Taxi Inc ##                |  | Term Loan                                           |  | 12/12/13        |  | 12/12/16     |  |               | 1   |  |               | *  |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 298    |  |  | $ | 299    | 
|                       |  |  |  | Dern #2 Taxi Inc ##               |  | Term Loan                                           |  | 12/12/13        |  | 12/12/16     |  |               | 1   |  |               | *  |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 298    |  |  | $ | 299    | 
|                       |  |  |  | Romise Taxi LLC                   |  | Term Loan                                           |  | 04/25/13        |  | 04/25/18     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 295    |  |  | $ | 297    | 
|                       |  |  |  | Bidon Taxi Inc ##                 |  | Term Loan                                           |  | 11/14/13        |  | 11/14/17     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 294    |  |  | $ | 296    | 
|                       |  |  |  | Lagrande Taxi Corp ##             |  | Term Loan                                           |  | 02/14/13        |  | 02/14/17     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 294    |  |  | $ | 296    | 
|                       |  |  |  | B Gene And Fil LLC                |  | Term Loan                                           |  | 01/10/13        |  | 01/10/17     |  |               | 1   |  |               | *  |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 293    |  |  | $ | 295    | 
|                       |  |  |  | Owned By Mr Vincent LLC           |  | Term Loan                                           |  | 01/10/13        |  | 01/10/17     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 293    |  |  | $ | 295    | 
|                       |  |  |  | Center Taxi LLC ##                |  | Term Loan                                           |  | 08/15/13        |  | 08/15/17     |  |               | 1   |  |               | *  |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 291    |  |  | $ | 293    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                                   |  |                                                     |  |                 |  |              |  |               |   |  |               |   |                   |  |      |                     |  |   |                                      |  |  |          |     |  |           |   |     |  |  |   |     | 
|---------------------- |  |  |  | --------------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | - |  | ------------- | - | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | --- |  | --------- | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  |  |  | Obligor Name                      |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |   |  | % ofNetAssets |   | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |     |  | FairValue |  
|                       |  |  |  | Dorvilma LLC ##                   |  | Term Loan                                           |  | 02/14/13        |  | 02/14/16     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 285 |  |  | $ | 287 | 
|                       |  |  |  | Hg & Zg Corporation               |  | Term Loan                                           |  | 10/25/12        |  | 10/25/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 283 |  |  | $ | 284 | 
|                       |  |  |  | Aspil Taxi #2 Corp                |  | Term Loan                                           |  | 12/12/13        |  | 12/12/17     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 278 |  |  | $ | 279 | 
|                       |  |  |  | United Seven Trans Inc            |  | Term Loan                                           |  | 06/14/12        |  | 06/14/17     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 276 |  |  | $ | 278 | 
|                       |  |  |  | Magdala Corp ##                   |  | Term Loan                                           |  | 08/16/13        |  | 08/16/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 278 |  |  | $ | 278 | 
|                       |  |  |  | One At A Time Time Transport I ## |  | Term Loan                                           |  | 09/20/12        |  | 09/20/16     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 277 |  |  | $ | 278 | 
|                       |  |  |  | Jovin Taxi Inc ##                 |  | Term Loan                                           |  | 01/10/13        |  | 01/10/17     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 273 |  |  | $ | 275 | 
|                       |  |  |  | Levangile Milcent ##              |  | Term Loan                                           |  | 12/13/12        |  | 12/13/16     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 275 |  |  | $ | 273 | 
|                       |  |  |  | Maitre Joa LLC                    |  | Term Loan                                           |  | 09/12/13        |  | 09/12/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 270 |  |  | $ | 272 | 
|                       |  |  |  | Simone Francois ##                |  | Term Loan                                           |  | 04/25/13        |  | 04/25/17     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 268 |  |  | $ | 270 | 
|                       |  |  |  | Hg & Zg Corporation               |  | Term Loan                                           |  | 10/25/12        |  | 10/25/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 264 |  |  | $ | 265 | 
|                       |  |  |  | Kesh & Kelo LLC ##                |  | Term Loan                                           |  | 04/25/13        |  | 04/25/17     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 263 |  |  | $ | 265 | 
|                       |  |  |  | Three Sons 2 Taxi Inc ##          |  | Term Loan                                           |  | 05/09/13        |  | 05/09/17     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 256 |  |  | $ | 258 | 
|                       |  |  |  | St Abraam Corp                    |  | Term Loan                                           |  | 04/25/13        |  | 04/22/18     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 253 |  |  | $ | 253 | 
|                       |  |  |  | Timax 426 Inc                     |  | Term Loan                                           |  | 11/14/13        |  | 11/14/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 248 |  |  | $ | 250 | 
|                       |  |  |  | Rowfida Incorporated ##           |  | Term Loan                                           |  | 12/12/13        |  | 12/12/17     |  |               | 1 |  |               | * |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 248 |  |  | $ | 250 | 
|                       |  |  |  | Les & Thera Transportation LLC    |  | Term Loan                                           |  | 07/12/13        |  | 07/12/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 245 |  |  | $ | 247 | 
|                       |  |  |  | Sonson Taxi Inc ## &              |  | Term Loan                                           |  | 10/25/12        |  | 10/25/17     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 242 |  |  | $ | 244 | 
|                       |  |  |  | Luckner Etienne ##                |  | Term Loan                                           |  | 10/25/12        |  | 10/25/16     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 240 |  |  | $ | 242 | 
|                       |  |  |  | T-Bozo Trans LLC                  |  | Term Loan                                           |  | 04/25/13        |  | 04/25/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 238 |  |  | $ | 240 | 
|                       |  |  |  | Grec Taxi Corp                    |  | Term Loan                                           |  | 12/08/11        |  | 12/08/15     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 235 |  |  | $ | 236 | 
|                       |  |  |  | M.K. Taxi Inc                     |  | Term Loan                                           |  | 01/23/14        |  | 01/23/18     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  | $        | 233 |  |           | $ | 231 |  |  | $ | 233 | 
|                       |  |  |  | Anasta.S. Taxi LLC                |  | Term Loan                                           |  | 04/25/13        |  | 04/25/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 230 |  |  | $ | 232 | 
|                       |  |  |  | Rosemond Mathurin ##              |  | Term Loan                                           |  | 12/13/12        |  | 12/13/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 229 |  |  | $ | 230 | 
|                       |  |  |  | Wilner Novaly                     |  | Term Loan                                           |  | 08/12/10        |  | 07/22/14     |  |               | 1 |  |               | * |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 229 |  |  | $ | 229 | 
|                       |  |  |  | Mpaul 596 LLC                     |  | Term Loan                                           |  | 04/25/13        |  | 04/25/17     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 225 |  |  | $ | 227 | 
|                       |  |  |  | Ekny Fils-Aime ##                 |  | Term Loan                                           |  | 10/17/11        |  | 10/17/16     |  |               | 1 |  |               | * |                   |  | 6.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 225 |  |  | $ | 226 | 
|                       |  |  |  | Jacob Joseph                      |  | Term Loan                                           |  | 04/25/13        |  | 04/25/17     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 221 |  |  | $ | 223 | 
|                       |  |  |  | Zoune Taxi #2 Inc ##              |  | Term Loan                                           |  | 01/10/13        |  | 01/10/17     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 221 |  |  | $ | 223 | 
|                       |  |  |  | S.J.L.T Joujean Inc               |  | Term Loan                                           |  | 03/15/12        |  | 03/15/16     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 220 |  |  | $ | 221 | 
|                       |  |  |  | Dmd Taxi LLC                      |  | Term Loan                                           |  | 09/26/13        |  | 09/26/17     |  |               | 1 |  |               | * |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 217 |  |  | $ | 219 | 
|                       |  |  |  | Erick Fleuridor                   |  | Term Loan                                           |  | 07/19/12        |  | 07/19/15     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 213 |  |  | $ | 214 | 
|                       |  |  |  | Boss Carmel Taxi Inc ##           |  | Term Loan                                           |  | 11/14/13        |  | 11/14/17     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 211 |  |  | $ | 213 | 
|                       |  |  |  | Joseph Duverneau ##               |  | Term Loan                                           |  | 02/17/11        |  | 02/17/15     |  |               | 1 |  |               | * |                   |  | 7.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 207 |  |  | $ | 208 | 
|                       |  |  |  | Joseph And Jamar Inc ##           |  | Term Loan                                           |  | 10/07/10        |  | 10/07/14     |  |               | 1 |  |               | * |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 204 |  |  | $ | 203 | 
|                       |  |  |  | Semsema Trans Corporation         |  | Term Loan                                           |  | 05/17/12        |  | 05/17/17     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 200 |  |  | $ | 202 | 
|                       |  |  |  | Chavensky Cab Inc                 |  | Term Loan                                           |  | 12/12/13        |  | 12/12/17     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 199 |  |  | $ | 201 | 
|                       |  |  |  | Stany Inc                         |  | Term Loan                                           |  | 05/12/11        |  | 05/12/15     |  |               | 1 |  |               | * |                   |  | 6.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 198 |  |  | $ | 199 | 
|                       |  |  |  | Thomas Lahens                     |  | Term Loan                                           |  | 07/11/13        |  | 07/11/17     |  |               | 1 |  |               | * |                   |  | 4.90 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 189 |  |  | $ | 190 | 
|                       |  |  |  | United Seven Trans Inc            |  | Term Loan                                           |  | 06/14/12        |  | 06/14/17     |  |               | 1 |  |               | * |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 182 |  |  | $ | 184 | 
|                       |  |  |  | Herve Dameus & James Dameus ##    |  | Term Loan                                           |  | 01/25/11        |  | 01/20/15     |  |               | 1 |  |               | * |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 185 |  |  | $ | 184 | 
|                       |  |  |  | Mfc Taxi Corp ##                  |  | Term Loan                                           |  | 09/20/11        |  | 09/19/16     |  |               | 1 |  |               | * |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 183 |  |  | $ | 183 | 
|                       |  |  |  | Micheline Luxeus ##               |  | Term Loan                                           |  | 12/13/12        |  | 12/13/17     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 182 |  |  | $ | 183 | 
|                       |  |  |  | Chell 11 Corp                     |  | Term Loan                                           |  | 08/12/10        |  | 08/05/14     |  |               | 1 |  |               | * |                   |  | 7.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 181 |  |  | $ | 181 | 
|                       |  |  |  | Serge Previlon LLC                |  | Term Loan                                           |  | 08/15/13        |  | 08/15/18     |  |               | 1 |  |               | * |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 177 |  |  | $ | 179 | 
|                       |  |  |  | Erick Fleuridor                   |  | Term Loan                                           |  | 10/25/12        |  | 10/25/16     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 175 |  |  | $ | 177 | 
|                       |  |  |  | Marie Jeanne Philemon             |  | Term Loan                                           |  | 07/07/11        |  | 07/07/15     |  |               | 1 |  |               | * |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 172 |  |  | $ | 173 | 
|                       |  |  |  | Just 8 Taxi #2 Inc ##             |  | Term Loan                                           |  | 09/20/11        |  | 09/19/15     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 167 |  |  | $ | 168 | 
|                       |  |  |  | Cassandra & Joseph Sejour Inc     |  | Term Loan                                           |  | 04/09/10        |  | 03/13/18     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 166 |  |  | $ | 165 | 
|                       |  |  |  | Monise Lubintus                   |  | Term Loan                                           |  | 12/12/13        |  | 12/12/17     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 164 |  |  | $ | 165 | 
|                       |  |  |  | Saintilia Charles ##              |  | Term Loan                                           |  | 09/13/10        |  | 09/13/14     |  |               | 1 |  |               | * |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 164 |  |  | $ | 164 | 
|                       |  |  |  | Charata Taxi Inc                  |  | Term Loan                                           |  | 12/12/13        |  | 12/12/17     |  |               | 1 |  |               | * |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 156 |  |  | $ | 158 | 
|                       |  |  |  | Adieula Figaro ##                 |  | Term Loan                                           |  | 10/06/11        |  | 10/06/15     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 157 |  |  | $ | 158 | 
|                       |  |  |  | Pierre Family 084 LLC             |  | Term Loan                                           |  | 07/12/13        |  | 07/12/17     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 153 |  |  | $ | 155 | 
|                       |  |  |  | A.N.T.K. LLC                      |  | Term Loan                                           |  | 04/25/13        |  | 04/25/18     |  |               | 1 |  |               | * |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 152 |  |  | $ | 154 | 
|                       |  |  |  | Saintvillien & Larochelle LLC     |  | Term Loan                                           |  | 11/14/13        |  | 11/14/18     |  |               | 1 |  |               | * |                   |  | 4.63 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 149 |  |  | $ | 151 | 
|                       |  |  |  | Antoines Dortin ##                |  | Term Loan                                           |  | 08/12/10        |  | 08/12/14     |  |               | 1 |  |               | * |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 146 |  |  | $ | 145 | 
|                       |  |  |  | Ahmad Taxi Inc                    |  | Term Loan                                           |  | 06/09/11        |  | 06/09/16     |  |               | 1 |  |               | * |                   |  | 6.75 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 142 |  |  | $ | 143 | 
|                       |  |  |  | R & Z Trans Service Inc           |  | Term Loan                                           |  | 01/10/13        |  | 01/10/23     |  |               | 1 |  |               | * |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 141 |  |  | $ | 143 | 
|                       |  |  |  | 424 Taxi LLC                      |  | Term Loan                                           |  | 01/20/12        |  | 01/20/17     |  |               | 1 |  |               | * |                   |  | 7.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 141 |  |  | $ | 142 | 
|                       |  |  |  | Forward Taxi Corp                 |  | Term Loan                                           |  | 03/15/12        |  | 03/15/17     |  |               | 1 |  |               | * |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 137 |  |  | $ | 138 | 
|                       |  |  |  | Charles Agesilas ##               |  | Term Loan                                           |  | 07/10/09        |  | 07/10/14     |  |               | 1 |  |               | * |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 135 |  |  | $ | 134 | 
|                       |  |  |  | Yves Frantz Philemon              |  | Term Loan                                           |  | 01/20/11        |  | 01/20/15     |  |               | 1 |  |               | * |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |     |  |           | $ | 127 |  |  | $ | 127 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                       |  |  |  |                              |  |                                                     |  |                 |  |              |  |               |    |  |               |     |                   |  |      |                     |  |   |                                      |  |  |          |       |  |           |   |        |  |  |   |        | 
|---------------------- |  |  |  | ---------------------------- |  | --------------------------------------------------- |  | --------------- |  | ------------ |  | ------------- | -- |  | ------------- | --- | ----------------- |  | ---- | ------------------- |  | - | ------------------------------------ |  |  | -------- | ----- |  | --------- | - | ------ |  |  | - | ------ | 
|(Dollars in thousands) |  |  |  | Obligor Name                 |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |  | MaturityDate |  | No. ofInvest. |    |  | % ofNetAssets |     | InterestRate 
(1) |  |      | CapitalizedInterest |  |   | OriginalCost of 2014Acquisitions (5) |  |  | Cost (4) |       |  | FairValue |  
|                       |  |  |  | Renelus Dieujuste ##         |  | Term Loan                                           |  | 12/03/09        |  | 11/13/14     |  |               | 1  |  |               | *   |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 127    |  |  | $ | 126    | 
|                       |  |  |  | 0127 Incorporated ##         |  | Term Loan                                           |  | 07/19/12        |  | 07/19/16     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 123    |  |  | $ | 124    | 
|                       |  |  |  | Alhayat Taxi Inc             |  | Term Loan                                           |  | 02/14/13        |  | 02/14/17     |  |               | 1  |  |               | *   |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 122    |  |  | $ | 121    | 
|                       |  |  |  | Cosmos 2 Taxi Corporation ## |  | Term Loan                                           |  | 11/14/13        |  | 11/14/18     |  |               | 1  |  |               | *   |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 118    |  |  | $ | 120    | 
|                       |  |  |  | Olga Morales                 |  | Term Loan                                           |  | 03/15/12        |  | 03/15/16     |  |               | 1  |  |               | *   |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 115    |  |  | $ | 116    | 
|                       |  |  |  | Hercule Jean-Baptiste        |  | Term Loan                                           |  | 06/13/13        |  | 06/13/17     |  |               | 1  |  |               | *   |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 110    |  |  | $ | 112    | 
|                       |  |  |  | Don Taxi Inc/Mbnk            |  | Term Loan                                           |  | 01/23/14        |  | 01/23/18     |  |               | 1  |  |               | *   |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  | $        | 105   |  |           | $ | 105    |  |  | $ | 105    | 
|                       |  |  |  | E-Z-4-U Inc                  |  | Term Loan                                           |  | 01/19/12        |  | 01/19/16     |  |               | 1  |  |               | *   |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 102    |  |  | $ | 103    | 
|                       |  |  |  | Gerald Jean-Louis ##         |  | Term Loan                                           |  | 04/25/13        |  | 04/25/17     |  |               | 1  |  |               | *   |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 100    |  |  | $ | 101    | 
|                       |  |  |  | Louibert Julien              |  | Term Loan                                           |  | 06/19/09        |  | 06/19/14     |  |               | 1  |  |               | *   |                   |  | 7.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 99     |  |  | $ | 99     | 
|                       |  |  |  | Gethsemane Inc               |  | Term Loan                                           |  | 02/20/14        |  | 02/20/19     |  |               | 1  |  |               | *   |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  | $        | 88    |  |           | $ | 88     |  |  | $ | 90     | 
|                       |  |  |  | Clameus Estimable            |  | Term Loan                                           |  | 05/06/10        |  | 05/06/14     |  |               | 1  |  |               | *   |                   |  | 7.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 86     |  |  | $ | 86     | 
|                       |  |  |  | Praise The Lord Taxi Inc     |  | Term Loan                                           |  | 05/20/11        |  | 05/20/15     |  |               | 1  |  |               | *   |                   |  | 6.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 84     |  |  | $ | 85     | 
|                       |  |  |  | Pola Trans Inc ##            |  | Term Loan                                           |  | 07/19/12        |  | 07/19/17     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 79     |  |  | $ | 80     | 
|                       |  |  |  | Mr Clean Sdam Taxi LLC       |  | Term Loan                                           |  | 06/09/11        |  | 06/09/15     |  |               | 1  |  |               | *   |                   |  | 6.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 77     |  |  | $ | 78     | 
|                       |  |  |  | Pegy Taxi Corp               |  | Term Loan                                           |  | 02/17/11        |  | 02/17/17     |  |               | 1  |  |               | *   |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 57     |  |  | $ | 58     | 
|                       |  |  |  | Pierre Sterling              |  | Term Loan                                           |  | 01/19/12        |  | 01/19/17     |  |               | 1  |  |               | *   |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 56     |  |  | $ | 57     | 
|                       |  |  |  | Reyes Okoroagu ##            |  | Term Loan                                           |  | 11/14/13        |  | 11/14/17     |  |               | 1  |  |               | *   |                   |  | 4.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 49     |  |  | $ | 51     | 
|                       |  |  |  | Webert Joseph                |  | Term Loan                                           |  | 02/17/11        |  | 02/17/17     |  |               | 1  |  |               | *   |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 45     |  |  | $ | 46     | 
|                       |  |  |  | Jean Belony                  |  | Term Loan                                           |  | 06/09/11        |  | 06/09/16     |  |               | 1  |  |               | *   |                   |  | 6.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 38     |  |  | $ | 39     | 
|                       |  |  |  | Saeiid LLC                   |  | Term Loan                                           |  | 09/06/11        |  | 09/06/16     |  |               | 1  |  |               | *   |                   |  | 6.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 36     |  |  | $ | 37     | 
|                       |  |  |  | Farar LLC                    |  | Term Loan                                           |  | 03/13/14        |  | 03/13/19     |  |               | 1  |  |               | *   |                   |  | 5.25 | %                   |  | $ | 0                                    |  |  | $        | 35    |  |           | $ | 34     |  |  | $ | 36     | 
|                       |  |  |  | 100 Taxi #2 Corp             |  | Term Loan                                           |  | 07/25/08        |  | 07/25/15     |  |               | 1  |  |               | *   |                   |  | 8.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 29     |  |  | $ | 29     | 
|                       |  |  |  | Abanob Trans Inc             |  | Term Loan                                           |  | 06/14/07        |  | 06/14/14     |  |               | 1  |  |               | *   |                   |  | 8.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 6      |  |  | $ | 6      | 
|                       |  |  |  | Marie C Taxi Inc             |  | Term Loan                                           |  | 04/12/07        |  | 04/12/14     |  |               | 1  |  |               | *   |                   |  | 8.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 2      |  |  | $ | 2      | 
|                       |  |  |  | Graciela Carbajal            |  | Term Loan                                           |  | 05/10/07        |  | 05/10/14     |  |               | 1  |  |               | *   |                   |  | 8.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 2      |  |  | $ | 2      | 
|                       |  |  |  |                              |  |                                                     |  |                 |  |              |  |              
|Boston                 |  |  |  |                              |  |                                                     |  |                 |  |              |  |               | 58 |  |               | 10% |                   |  | 4.77 | %                   |  | $ | 0                                    |  |  | $        | 3,606 |  |           | $ | 26,494 |  |  | $ | 26,542 | 
|                       |  |  |  | Chiso Trans Inc              |  | Term Loan                                           |  | 11/26/13        |  | 11/26/16     |  |               | 1  |  |               | *   |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 839    |  |  | $ | 841    | 
|                       |  |  |  | Chiso Trans Inc              |  | Term Loan                                           |  | 04/20/12        |  | 04/20/15     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 594    |  |  | $ | 595    | 
|                       |  |  |  | Sasun Cab Inc                |  | Term Loan                                           |  | 02/20/13        |  | 02/20/16     |  |               | 1  |  |               | *   |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 942    |  |  | $ | 944    | 
|                       |  |  |  | Southside Enterprises Inc ## |  | Term Loan                                           |  | 12/28/12        |  | 12/28/16     |  |               | 1  |  |               | *   |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 895    |  |  | $ | 892    | 
|                       |  |  |  | Mish Inc ##                  |  | Term Loan                                           |  | 12/28/12        |  | 12/28/16     |  |               | 1  |  |               | *   |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 895    |  |  | $ | 892    | 
|                       |  |  |  | Johnson Holdings Inc         |  | Term Loan                                           |  | 07/23/13        |  | 07/23/16     |  |               | 1  |  |               | *   |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 774    |  |  | $ | 776    | 
|                       |  |  |  | Chidi Trans Inc ##           |  | Term Loan                                           |  | 11/17/11        |  | 11/17/14     |  |               | 1  |  |               | *   |                   |  | 6.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 676    |  |  | $ | 673    | 
|                       |  |  |  | Ngozi Trans Inc.             |  | Term Loan                                           |  | 12/31/12        |  | 12/31/15     |  |               | 1  |  |               | *   |                   |  | 4.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 636    |  |  | $ | 637    | 
|                       |  |  |  | Chidi Trans Inc              |  | Term Loan                                           |  | 04/20/12        |  | 04/20/15     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 628    |  |  | $ | 629    | 
|                       |  |  |  | Arinze Trans Inc             |  | Term Loan                                           |  | 02/05/10        |  | 02/05/16     |  |               | 1  |  |               | *   |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 590    |  |  | $ | 590    | 
|                       |  |  |  | Arinze Trans Inc             |  | Term Loan                                           |  | 04/20/12        |  | 04/20/15     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 588    |  |  | $ | 589    | 
|                       |  |  |  | Chenal Cab Inc               |  | Term Loan                                           |  | 12/03/13        |  | 12/03/16     |  |               | 1  |  |               | *   |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 547    |  |  | $ | 549    | 
|                       |  |  |  | Britney Cab Inc              |  | Term Loan                                           |  | 12/18/13        |  | 12/18/16     |  |               | 1  |  |               | *   |                   |  | 5.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 546    |  |  | $ | 548    | 
|                       |  |  |  | Oke Auguste Cab Inc          |  | Term Loan                                           |  | 01/31/14        |  | 01/31/17     |  |               | 1  |  |               | *   |                   |  | 4.90 | %                   |  | $ | 0                                    |  |  | $        | 630   |  |           | $ | 539    |  |  | $ | 541    | 
|                       |  |  |  | Farb Inc ##                  |  | Term Loan                                           |  | 02/20/13        |  | 02/20/16     |  |               | 1  |  |               | *   |                   |  | 5.13 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 538    |  |  | $ | 537    | 
|                       |  |  |  | Ser-Vil Cab Inc              |  | Term Loan                                           |  | 03/28/14        |  | 03/28/17     |  |               | 1  |  |               | *   |                   |  | 4.63 | %                   |  | $ | 0                                    |  |  | $        | 534   |  |           | $ | 534    |  |  | $ | 536    | 
|                       |  |  |  | Amazing Grace Cab Inc        |  | Term Loan                                           |  | 02/06/14        |  | 02/06/17     |  |               | 1  |  |               | *   |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  | $        | 522   |  |           | $ | 521    |  |  | $ | 523    | 
|                       |  |  |  | God-Will Inc                 |  | Term Loan                                           |  | 02/11/14        |  | 02/11/17     |  |               | 1  |  |               | *   |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  | $        | 518   |  |           | $ | 516    |  |  | $ | 518    | 
|                       |  |  |  | Jason Cab Inc ##             |  | Term Loan                                           |  | 03/15/13        |  | 03/15/16     |  |               | 1  |  |               | *   |                   |  | 4.88 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 514    |  |  | $ | 516    | 
|                       |  |  |  | Memory Cab Company Inc ##    |  | Term Loan                                           |  | 01/14/11        |  | 01/14/17     |  |               | 1  |  |               | *   |                   |  | 4.13 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 515    |  |  | $ | 512    | 
|                       |  |  |  | Margo Cab Inc ##             |  | Term Loan                                           |  | 01/16/13        |  | 01/16/16     |  |               | 1  |  |               | *   |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 511    |  |  | $ | 510    | 
|                       |  |  |  | Gabriel Trans Holdings Inc   |  | Term Loan                                           |  | 04/20/12        |  | 04/20/15     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 505    |  |  | $ | 506    | 
|                       |  |  |  | Loren Cab Inc ##             |  | Term Loan                                           |  | 03/20/14        |  | 03/20/17     |  |               | 1  |  |               | *   |                   |  | 4.13 | %                   |  | $ | 0                                    |  |  | $        | 500   |  |           | $ | 500    |  |  | $ | 502    | 
|                       |  |  |  | Good Time Cab Inc ##         |  | Term Loan                                           |  | 03/20/14        |  | 03/20/17     |  |               | 1  |  |               | *   |                   |  | 4.13 | %                   |  | $ | 0                                    |  |  | $        | 500   |  |           | $ | 500    |  |  | $ | 502    | 
|                       |  |  |  | B&M Cab Inc ##               |  | Term Loan                                           |  | 12/20/13        |  | 12/20/16     |  |               | 1  |  |               | *   |                   |  | 4.13 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 496    |  |  | $ | 498    | 
|                       |  |  |  | Myra Inc                     |  | Term Loan                                           |  | 08/12/13        |  | 08/12/16     |  |               | 1  |  |               | *   |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 495    |  |  | $ | 497    | 
|                       |  |  |  | Saint Inc                    |  | Term Loan                                           |  | 08/12/13        |  | 08/12/16     |  |               | 1  |  |               | *   |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 495    |  |  | $ | 497    | 
|                       |  |  |  | S.P.B. Taxi Inc              |  | Term Loan                                           |  | 09/18/13        |  | 09/18/16     |  |               | 1  |  |               | *   |                   |  | 5.75 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 495    |  |  | $ | 497    | 
|                       |  |  |  | Bailey Cab Inc ##            |  | Term Loan                                           |  | 11/09/12        |  | 11/09/15     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 491    |  |  | $ | 492    | 
|                       |  |  |  | Ruth Cab Inc                 |  | Term Loan                                           |  | 11/26/13        |  | 11/26/16     |  |               | 1  |  |               | *   |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 467    |  |  | $ | 469    | 
|                       |  |  |  | Odat Taxi, Inc. ##           |  | Term Loan                                           |  | 03/07/13        |  | 03/07/16     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 467    |  |  | $ | 469    | 
|                       |  |  |  | Theo Cab Inc ##              |  | Term Loan                                           |  | 03/07/13        |  | 03/07/16     |  |               | 1  |  |               | *   |                   |  | 5.50 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 467    |  |  | $ | 469    | 
|                       |  |  |  | Tomorrow'S Tree Inc          |  | Term Loan                                           |  | 10/08/13        |  | 10/08/18     |  |               | 1  |  |               | *   |                   |  | 4.25 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 461    |  |  | $ | 463    | 
|                       |  |  |  | Dadou Cab Inc                |  | Term Loan                                           |  | 11/16/12        |  | 11/16/15     |  |               | 1  |  |               | *   |                   |  | 5.38 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 451    |  |  | $ | 452    | 
|                       |  |  |  | Joyful Ride Inc ##           |  | Term Loan                                           |  | 12/28/12        |  | 12/28/16     |  |               | 1  |  |               | *   |                   |  | 4.00 | %                   |  | $ | 0                                    |  |  |          |       |  |           | $ | 448    |  |  | $ | 450    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                                                                                    |  |  |  |                                |  |                                                     |  |                 |     |              |  |               |     |   |               |  |      |                   |  |   |                     |   |  |                                      |        |  |          |   |         |           |  |   |         |  |  |   |       | 
|----------------------------------------------------------------------------------- |  |  |  | ------------------------------ |  | --------------------------------------------------- |  | --------------- | --- | ------------ |  | ------------- | --- | - | ------------- |  | ---- | ----------------- |  | - | ------------------- | - |  | ------------------------------------ | ------ |  | -------- | - | ------- | --------- |  | - | ------- |  |  | - | ----- | 
|(Dollars in thousands)                                                              |  |  |  | Obligor Name                   |  | Security Type(all restricted unlessotherwise noted) |  | AcquisitionDate |     | MaturityDate |  | No. ofInvest. |     |   | % ofNetAssets |  |      | InterestRate 
(1) |  |   | CapitalizedInterest |   |  | OriginalCost of 2014Acquisitions (5) |        |  | Cost (4) |   |         | FairValue | 
|                                                                                    |  |  |  | P&P Dumerant Corp ##           |  | Term Loan                                           |  | 10/25/13        |     | 10/25/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 446     |  |  | $ | 448   | 
|                                                                                    |  |  |  | Eldali Transportation Inc      |  | Term Loan                                           |  | 11/09/12        |     | 11/26/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 445     |  |  | $ | 445   | 
|                                                                                    |  |  |  | Jv Taxi Inc ##                 |  | Term Loan                                           |  | 03/15/13        |     | 03/15/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.75                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 437     |  |  | $ | 439   | 
|                                                                                    |  |  |  | Djbell Love Inc ##             |  | Term Loan                                           |  | 09/27/12        |     | 09/27/15     |  |               | 1   |   |               |  | *    |                   |  |   | 5.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 422     |  |  | $ | 421   | 
|                                                                                    |  |  |  | God Is Able Inc ##             |  | Term Loan                                           |  | 02/11/14        |     | 02/11/17     |  |               | 1   |   |               |  | *    |                   |  |   | 4.00                | % |  | $                                    | 0      |  |          | $ | 402     |           |  | $ | 401     |  |  | $ | 403   | 
|                                                                                    |  |  |  | H And H Taxi Inc ##            |  | Term Loan                                           |  | 10/11/13        |     | 10/11/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 380     |  |  | $ | 382   | 
|                                                                                    |  |  |  | Ngozi Trans Inc. ##            |  | Term Loan                                           |  | 04/20/12        |     | 04/20/15     |  |               | 1   |   |               |  | *    |                   |  |   | 5.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 353     |  |  | $ | 352   | 
|                                                                                    |  |  |  | Jesus Denis Cab Inc            |  | Term Loan                                           |  | 03/22/13        |     | 03/22/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 344     |  |  | $ | 346   | 
|                                                                                    |  |  |  | Jmf Cab Inc ##                 |  | Term Loan                                           |  | 03/27/12        |     | 03/27/15     |  |               | 1   |   |               |  | *    |                   |  |   | 5.70                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 340     |  |  | $ | 339   | 
|                                                                                    |  |  |  | Urzal Taxi Inc                 |  | Term Loan                                           |  | 07/29/13        |     | 07/29/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 328     |  |  | $ | 330   | 
|                                                                                    |  |  |  | Ngozi Trans Inc.               |  | Term Loan                                           |  | 12/31/12        |     | 12/31/15     |  |               | 1   |   |               |  | *    |                   |  |   | 4.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 318     |  |  | $ | 319   | 
|                                                                                    |  |  |  | Shemarjamalie Cab Inc ##       |  | Term Loan                                           |  | 02/17/12        |     | 02/17/15     |  |               | 1   |   |               |  | *    |                   |  |   | 6.15                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 317     |  |  | $ | 318   | 
|                                                                                    |  |  |  | Louine Cab Inc &               |  | Term Loan                                           |  | 11/30/12        |     | 11/30/15     |  |               | 1   |   |               |  | *    |                   |  |   | 4.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 291     |  |  | $ | 292   | 
|                                                                                    |  |  |  | Boband Cab Inc ##              |  | Term Loan                                           |  | 11/06/12        |     | 11/06/15     |  |               | 1   |   |               |  | *    |                   |  |   | 4.75                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 292     |  |  | $ | 291   | 
|                                                                                    |  |  |  | Sarhad Coach Inc               |  | Term Loan                                           |  | 07/23/13        |     | 05/25/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 286     |  |  | $ | 288   | 
|                                                                                    |  |  |  | Jre Taxi Inc ##                |  | Term Loan                                           |  | 08/26/11        |     | 08/26/14     |  |               | 1   |   |               |  | *    |                   |  |   | 6.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 280     |  |  | $ | 279   | 
|                                                                                    |  |  |  | Phatricksey Cab Inc ##         |  | Term Loan                                           |  | 07/14/11        |     | 07/14/14     |  |               | 1   |   |               |  | *    |                   |  |   | 5.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 258     |  |  | $ | 257   | 
|                                                                                    |  |  |  | Stanley & Rachelle Cab Inc     |  | Term Loan                                           |  | 05/23/11        |     | 05/23/14     |  |               | 1   |   |               |  | *    |                   |  |   | 6.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 172     |  |  | $ | 172   | 
|                                                                                    |  |  |  | Dabola Cab Inc ##              |  | Term Loan                                           |  | 11/10/11        |     | 11/10/14     |  |               | 1   |   |               |  | *    |                   |  |   | 5.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 173     |  |  | $ | 172   | 
|                                                                                    |  |  |  | Kena Cab Inc                   |  | Term Loan                                           |  | 11/06/12        |     | 11/06/15     |  |               | 1   |   |               |  | *    |                   |  |   | 4.75                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 74      |  |  | $ | 75    | 
|                                                                                    |  |  |  | Sasun Cab Inc                  |  | Term Loan                                           |  | 02/20/13        |     | 02/20/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 35      |  |  | $ | 37    | 
|                                                                                    |  |  |  | Sunshine Cab Inc ##            |  | Term Loan                                           |  | 06/12/07        |     | 06/12/18     |  |               | 1   |   |               |  | *    |                   |  |   | 5.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 20      |  |  | $ | 20    | 
|                                                                                    |  |  |  | Marthine Cab Inc               |  | Term Loan                                           |  | 09/17/10        |     | 09/17/14     |  |               | 1   |   |               |  | *    |                   |  |   | 6.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 6       |  |  | $ | 6     | 
|                                                                                    |  |  |  |                                |  |                                                     |  |                 |     |              |  |              
|Cambridge                                                                           |  |  |  |                                |  |                                                     |  |                 |     |              |  |               | 14  |   |               |  | 2    | %                 |  |   | 5.07                | % |  | $                                    | 0      |  |          | $ | 330     |           |  | $ | 6,000   |  |  | $ | 6,020 | 
|                                                                                    |  |  |  | Gcf Taxi Inc, Et Al            |  | Term Loan                                           |  | 12/30/13        |     | 12/30/16     |  |               | 1   |   |               |  | 1    | %                 |  |   | 6.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 1,392   |  |  | $ | 1,392 | 
|                                                                                    |  |  |  | Gcf Taxi Inc                   |  | Term Loan                                           |  | 10/08/13        |     | 10/08/18     |  |               | 1   |   |               |  | *    |                   |  |   | 4.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 664     |  |  | $ | 666   | 
|                                                                                    |  |  |  | Andrew Cab Inc And Saad Inc &  |  | Term Loan                                           |  | 03/29/13        |     | 03/29/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.88                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 413     |  |  | $ | 415   | 
|                                                                                    |  |  |  | Patrick Cab Inc And Saad Inc & |  | Term Loan                                           |  | 03/29/13        |     | 03/29/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.88                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 413     |  |  | $ | 415   | 
|                                                                                    |  |  |  | Hope-Lynn Cabworks Inc ##      |  | Term Loan                                           |  | 03/22/13        |     | 03/22/16     |  |               | 1   |   |               |  | *    |                   |  |   | 4.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 387     |  |  | $ | 389   | 
|                                                                                    |  |  |  | Lynn Maha Taxi Inc             |  | Term Loan                                           |  | 05/13/13        |     | 05/13/16     |  |               | 1   |   |               |  | *    |                   |  |   | 5.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 375     |  |  | $ | 377   | 
|                                                                                    |  |  |  | Mgf Taxi Inc                   |  | Term Loan                                           |  | 05/06/11        |     | 05/06/14     |  |               | 1   |   |               |  | *    |                   |  |   | 6.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 361     |  |  | $ | 361   | 
|                                                                                    |  |  |  | Desdunes Cab Inc               |  | Term Loan                                           |  | 09/21/12        |     | 09/21/15     |  |               | 1   |   |               |  | *    |                   |  |   | 5.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 338     |  |  | $ | 339   | 
|                                                                                    |  |  |  | Drumman Trans Inc              |  | Term Loan                                           |  | 12/07/12        |     | 12/07/15     |  |               | 1   |   |               |  | *    |                   |  |   | 4.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 336     |  |  | $ | 337   | 
|                                                                                    |  |  |  | Sam Taxi Inc                   |  | Term Loan                                           |  | 03/12/14        |     | 03/12/17     |  |               | 1   |   |               |  | *    |                   |  |   | 4.50                | % |  | $                                    | 0      |  |          | $ | 330     |           |  | $ | 330     |  |  | $ | 333   | 
|                                                                                    |  |  |  | Marcia And Everton Cab Inc ##  |  | Term Loan                                           |  | 11/09/12        |     | 11/09/15     |  |               | 1   |   |               |  | *    |                   |  |   | 4.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 287     |  |  | $ | 288   | 
|                                                                                    |  |  |  | Walger Inc                     |  | Term Loan                                           |  | 01/26/12        |     | 01/26/15     |  |               | 1   |   |               |  | *    |                   |  |   | 5.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 279     |  |  | $ | 280   | 
|                                                                                    |  |  |  | Raad Taxi Inc                  |  | Term Loan                                           |  | 06/26/12        |     | 06/26/15     |  |               | 1   |   |               |  | *    |                   |  |   | 5.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 276     |  |  | $ | 277   | 
|                                                                                    |  |  |  | Taxi Technology Inc ##         |  | Term Loan                                           |  | 12/11/13        |     | 12/11/16     |  |               | 1   |   |               |  | *    |                   |  |   | 5.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 149     |  |  | $ | 151   | 
|                                                                                    |  |  |  |                                |  |                                                     |  |                 |     |              |  |              
|Other                                                                               |  |  |  |                                |  |                                                     |  |                 |     |              |  |               | 11  |   |               |  | 0    | %                 |  |   | 6.30                | % |  | $                                    | 0      |  |          | $ | 278     |           |  | $ | 1,140   |  |  | $ | 1,146 | 
|                                                                                    |  |  |  | Tjp Inc ##                     |  | Term Loan                                           |  | 01/03/14        |     | 01/03/17     |  |               | 1   |   |               |  | *    |                   |  |   | 4.75                | % |  | $                                    | 0      |  |          | $ | 278     |           |  | $ | 277     |  |  | $ | 278   | 
|                                                                                    |  |  |  | Komboya Trans Inc              |  | Term Loan                                           |  | 04/23/13        |     | 04/23/16     |  |               | 1   |   |               |  | *    |                   |  |   | 5.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 262     |  |  | $ | 264   | 
|                                                                                    |  |  |  | Wiljean Marcelin               |  | Term Loan                                           |  | 08/21/13        |     | 09/01/23     |  |               | 1   |   |               |  | *    |                   |  |   | 6.75                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 168     |  |  | $ | 170   | 
|                                                                                    |  |  |  | Jean C Mathurin/Norcal         |  | Term Loan                                           |  | 01/15/13        |     | 02/01/18     |  |               | 1   |   |               |  | *    |                   |  |   | 8.50                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 165     |  |  | $ | 165   | 
|                                                                                    |  |  |  | Hantin Trans/Aventura Taxi     |  | Term Loan                                           |  | 06/16/10        |     | 06/16/17     |  |               | 1   |   |               |  | *    |                   |  |   | 8.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 108     |  |  | $ | 109   | 
|                                                                                    |  |  |  | Zelalem S. Alemu               |  | Term Loan                                           |  | 04/28/08        |     | 04/28/18     |  |               | 1   |   |               |  | *    |                   |  |   | 5.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 85      |  |  | $ | 84    | 
|                                                                                    |  |  |  | Elzira & Luc Cab Inc.          |  | Term Loan                                           |  | 08/17/10        |     | 02/17/18     |  |               | 1   |   |               |  | *    |                   |  |   | 8.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 36      |  |  | $ | 36    | 
|                                                                                    |  |  |  | Elysse Corporation             |  | Term Loan                                           |  | 09/10/10        |     | 03/10/18     |  |               | 1   |   |               |  | *    |                   |  |   | 8.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 24      |  |  | $ | 25    | 
|                                                                                    |  |  |  | Odney Cab Inc/Mbank            |  | Term Loan                                           |  | 12/22/10        |     | 12/22/15     |  |               | 1   |   |               |  | *    |                   |  |   | 11.50               | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 7       |  |  | $ | 7     | 
|                                                                                    |  |  |  | Oddy Transportation Services I |  | Term Loan                                           |  | 11/26/07        |     | 11/27/14     |  |               | 1   |   |               |  | *    |                   |  |   | 8.00                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 6       |  |  | $ | 6     | 
|                                                                                    |  |  |  | Durosier Xavier/Mbank          |  | Term Loan                                           |  | 08/16/10        |     | 07/01/15     |  |               | 1   |   |               |  | *    |                   |  |   | 7.25                | % |  | $                                    | 0      |  |          |   |         |           |  | $ | 2       |  |  | $ | 2     | 
|                                                                                    |  |  |  |                                |  |                                                     |  |                 |     |              |  |               |     |   |               |  |      |                   |  |   |                     |   |  |                                      |        |  |          |   |         |           |  |   |         |  |  |   |       | 
|Total medallion loans ($234,970 pledged as collateral under borrowing arrangements) |  |  |  |                                |  |                                                     |  |                 | 670 |              |  |               | 113 | % |               |  | 4.02 | %                 |  | $ | 0                   |   |  | $                                    | 36,151 |  |          | $ | 311,087 |           |  | $ | 311,342 | 
|                                                                                    |  |  |  |                                |  |                                                     |  |                 |     |              |  |               |     |   |               |  |      |                   |  |   |                     |   |  |                                      |        |  |          |   |         |           |  |   |         |  |  |   |       | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                                                                                               |  |   |  |                                                                      |  |                                                     |    |                 |  |              |    |               |   |  |               |   |   |                   |       |  |                     |   |       |                                      |       |   |          |   |       |           |        |   |       |  |  |   |       | 
|---------------------------------------------------------------------------------------------- |  | - |  | -------------------------------------------------------------------- |  | --------------------------------------------------- | -- | --------------- |  | ------------ | -- | ------------- | - |  | ------------- | - | - | ----------------- | ----- |  | ------------------- | - | ----- | ------------------------------------ | ----- | - | -------- | - | ----- | --------- | ------ | - | ----- |  |  | - | ----- | 
|(Dollars in thousands)                                                                         |  |   |  | Obligor Name                                                         |  | Security Type(all restricted
unlessotherwise noted) |    | AcquisitionDate |  | MaturityDate |    | No. ofInvest. |   |  | % ofNetAssets |   |   | InterestRate 
(1) |       |  | CapitalizedInterest |   |       | OriginalCost of 2014Acquisitions (5) |       |   | Cost (4) |   |       | FairValue |       
|Commercial Loans                                                                               |  |   |  |                                                                      |  |                                                     |    |                 |  |              |    |               |   |  |               |   |   |                   |       |  |                     |   |       |                                      |       |  
|Secured mezzanine (28% Minnesota, 11% Wisconsin,
11% North Carolina, 9% New York, 9% Oklahoma, |  |   |  |                                                                      |  |                                                     |    |                 |  |              |    |               |   |  |               |   |   |                   |       | 
|8% Texas, 6% Delaware, 5% Arizona, 4% Florida, 4% California and 5% all other states) (2)      |  |   |  |                                                                      |  |                                                     |    |                 |  |              |    |               |   |  |               |   |   |                   |       | 
|Manufacturing (58% of the total)                                                               |  | + |  | Bluff Manufacturing (interest rate includes PIK interest of 3.50%)   |  | Term Loan                                           |    | 12/14/12        |  | 12/14/17     |    |               | 1 |  |               |   | 1 | %                 |       |  | 15.50               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 3,000 |  |  | $ | 3,008 | 
|                                                                                               |  |   |  | Quaker Bakery (interest rate includes PIK interest of 5.00%)         |  | Term Loan                                           |    | 03/28/12        |  | 03/28/17     |    |               | 1 |  |               |   | 1 | %                 |       |  | 17.00               | % |       | $                                    | 278   |   |          |   |       |           |        | $ | 2,878 |  |  | $ | 2,870 | 
|                                                                                               |  |   |  | American Cylinder (interest rate includes PIK interest of 5.00%)     |  | Term Loan                                           |    | 07/03/13        |  | 01/03/18     |    |               | 1 |  |               |   | 1 | %                 |       |  | 17.00               | % |       | $                                    | 58    |   |          |   |       |           |        | $ | 1,558 |  |  | $ | 1,558 | 
|                                                                                               |  |   |  | American Cylinder                                                    |  | Term Loan                                           |    | 07/03/13        |  | 07/03/17     |    |               | 1 |  |               |   | * |                   |       |  | 10.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 800   |  |  | $ | 796   | 
|                                                                                               |  | + |  | Packaging Specialists (interest rate includes PIK interest of 6.00%) |  | Term Loan                                           |    | 04/01/08        |  | 12/31/14     |    |               | 1 |  |               |   | 1 | %                 |       |  | 14.00               | % |       | $                                    | 224   |   |          |   |       |           |        | $ | 2,214 |  |  | $ | 2,214 | 
|                                                                                               |  |   |  | Dynamic Systems (interest rate includes PIK interest of 3.50%)       |  | Term Loan                                           |    | 12/23/10        |  | 12/23/17     |    |               | 1 |  |               |   | 1 | %                 |       |  | 15.50               | % |       | $                                    | 117   |   |          |   |       |           |        | $ | 1,942 |  |  | $ | 1,942 | 
|                                                                                               |  | + |  | PACA Foods &                                                         |  | Term Loan                                           |    | 12/31/10        |  | 12/31/15     |    |               | 1 |  |               |   | 1 | %                 |       |  | 13.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 2,314 |  |  | $ | 1,713 | 
|                                                                                               |  |   |  | Process Fab & (interest rate includes PIK interest of 8.00%)         |  | Term Loan                                           |    | 04/17/08        |  | 12/31/15     |    |               | 1 |  |               |   | 1 | %                 |       |  | 8.00                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 4,500 |  |  | $ | 1,592 | 
|                                                                                               |  | + |  | GAF Manufacturing (interest rate includes PIK interest of 2.00%)     |  | Term Loan                                           |    | 03/06/14        |  | 03/06/19     |    |               | 1 |  |               |   | 1 | %                 |       |  | 14.00               | % |       | $                                    | 2     |   |          | $ | 1,500 |           |        | $ | 1,502 |  |  | $ | 1,511 | 
|                                                                                               |  | + |  | RespirTech                                                           |  | Term Loan                                           |    | 04/25/12        |  | 04/25/17     |    |               | 1 |  |               |   | 1 | %                 |       |  | 12.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 1,500 |  |  | $ | 1,507 | 
|                                                                                               |  |   |  | Orchard &                                                            |  | Term Loan                                           |    | 03/10/99        |  | 03/31/10     |    |               | 1 |  |               |   | 1 | %                 |       |  | 13.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 1,390 |  |  | $ | 1,390 | 
|                                                                                               |  | + |  | Door Engineering                                                     |  | Term Loan                                           |    | 12/15/04        |  | 12/31/14     |    |               | 1 |  |               |   | * |                   |       |  | 13.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 1,050 |  |  | $ | 1,047 | 
|                                                                                               |  | + |  | Waltek                                                               |  | Term Loan                                           |    | 03/31/06        |  | 03/31/14     |    |               | 1 |  |               |   | * |                   |       |  | 12.00               | % |       | $                                    | 40    |   |          |   |       |           |        | $ | 1,012 |  |  | $ | 1,012 | 
|                                                                                               |  |   |  | Storflex (interest rate includes PIK interest of 2.00%)              |  | Term Loan                                           |    | 07/17/12        |  | 01/31/19     |    |               | 1 |  |               |   | * |                   |       |  | 14.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 1,000 |  |  | $ | 1,010 | 
|                                                                                               |  | + |  | DMI Acquisition (interest rate includes PIK interest of 2.00%)       |  | Term Loan                                           |    | 06/22/12        |  | 06/22/15     |    |               | 1 |  |               |   | * |                   |       |  | 14.00               | % |       | $                                    | 23    |   |          |   |       |           |        | $ | 648   |  |  | $ | 653   | 
|Information (14% of the total)                                                                 |  |   |  | US Internet                                                          |  | Term Loan                                           |    | 06/12/13        |  | 06/12/20     |    |               | 1 |  |               |   | 1 | %                 |       |  | 14.50               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 3,000 |  |  | $ | 3,018 | 
|                                                                                               |  |   |  | Centare (interest rate includes PIK interest of 2.00%)               |  | Term Loan                                           |    | 08/30/13        |  | 08/30/18     |    |               | 1 |  |               |   | 1 | %                 |       |  | 14.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 2,500 |  |  | $ | 2,483 | 
|Arts, Entertainment, and Recreation (11% of the total)                                         |  |   |  | RPAC Racing (interest rate includes PIK interest of 10.00%)          |  | Term Loan                                           |    | 11/19/10        |  | 11/19/15     |    |               | 1 |  |               |   | 2 | %                 |       |  | 10.00               | % |       | $                                    | 1,195 |   |          |   |       |           |        | $ | 4,234 |  |  | $ | 4,234 | 
|Administrative and Support Services (9% of the total)                                          |  | + |  | Staff One                                                            |  | Term Loan                                           |    | 06/30/08        |  | 03/31/15     |    |               | 1 |  |               |   | 1 | %                 |       |  | 3.00                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 2,964 |  |  | $ | 2,964 | 
|                                                                                               |  | + |  | Staff One                                                            |  | Term Loan                                           |    | 09/15/11        |  | 03/31/15     |    |               | 1 |  |               |   | * |                   |       |  | 3.00                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 485   |  |  | $ | 485   | 
|                                                                                               |  |   |  | Ecological Systems (ESI) &                                           |  | Term Loan                                           |    | 01/14/05        |  | 01/14/10     |    |               | 1 |  |               |   | * |                   |       |  | 0.00                | % |       | $                                    | 44    |   |          |   |       |           |        | $ | 627   |  |  | $ | 43    | 
|Professional, Scientific, and Technical Services (6% of the total)                             |  | + |  | Portu-Sunberg                                                        |  | Term Loan                                           |    | 12/31/12        |  | 12/31/17     |    |               | 1 |  |               |   | 1 | %                 |       |  | 12.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 2,500 |  |  | $ | 2,510 | 
|                                                                                               |  |   |  | McCaully &                                                           |  | Term Loan                                           |    | 10/26/11        |  | 11/01/14     |    |               | 1 |  |               |   | * |                   |       |  | 10.00               | % |       | $                                    | 33    |   |          |   |       |           |        | $ | 33    |  |  | $ | 33    | 
|Accommodation and Food Services (2% of the total)                                              |  |   |  | Javier & David                                                       |  | Term Loan                                           |    | 11/05/10        |  | 11/05/15     |    |               | 1 |  |               |   | * |                   |       |  | 9.25                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 519   |  |  | $ | 517   | 
|                                                                                               |  |   |  | Star &                                                               |  | Term Loan                                           |    | 06/30/00        |  | 10/01/15     |    |               | 1 |  |               |   | * |                   |       |  | 10.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 899   |  |  | $ | 60    | 
|                                                                                               |  |   |  | Multiconcepts &                                                      |  | Term Loan                                           |    | 06/30/00        |  | 10/01/15     |    |               | 1 |  |               |   | * |                   |       |  | 10.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 998   |  |  | $ | 52    | 
|Retail Trade (0% of the total)                                                                 |  |   |  | Retail &                                                             |  | Term Loan                                           |    | 06/30/00        |  | 10/01/15     |    |               | 1 |  |               |   | * |                   |       |  | 10.00               | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 431   |  |  | $ | 55    | 
|                                                                                               |  |   |  |                                                                      |  |                                                     |    |                 |  |              |    |               |   |  |               |   |   |                   |       |  |                     |   |       |                                      |       |   |          |   |       |           |        |   |       |  |  |   |       | 
|Total secured mezzanine
(2)                                                                    |  |   |  |                                                                      |  |                                                     | 27 |                 |  |              | 15 | %             |   |  | 11.89         | % |   | $                 | 2,014 |  |                     | $ | 1,500 |                                      |       | $ | 46,498   |   |       | $         | 40,277 |  
|                                                                                               |  |   |  |                                                                      |  |                                                     |    |                 |  |              |    |               |   |  |               |   |   |                   |       |  |                     |   |       |                                      |       |   |          |   |       |           |        |   |       |  |  |   |       | 
|Asset-based (76% New York, 18% New Jersey and 6%
all other states)                             |  |   |  |                                                                      |  |                                                     |    |                 |  |              |    |               |   |  |               |   |   |                   |       |  |                     |   |       |                                      |       |   |          |   |       |           |        |   |       | 
|Wholesale Trade (62% of the total)                                                             |  |   |  | Capitalsea, LLC ##                                                   |  | Revolving line of credit                            |    | 11/07/05        |  | 11/07/14     |    |               | 1 |  |               |   | 1 | %                 |       |  | 4.50                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 2,546 |  |  | $ | 2,437 | 
|                                                                                               |  |   |  | Pride of Neptune, Inc. ##                                            |  | Revolving line of credit                            |    | 01/14/02        |  | 01/14/15     |    |               | 1 |  |               |   | * |                   |       |  | 4.75                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 224   |  |  | $ | 215   | 
|                                                                                               |  |   |  | Newburg Egg Corp. ##                                                 |  | Revolving line of credit                            |    | 03/16/99        |  | 03/16/15     |    |               | 1 |  |               |   | * |                   |       |  | 6.00                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 198   |  |  | $ | 190   | 
|                                                                                               |  |   |  | Banner Smoked Fish, Inc. ##                                          |  | Revolving line of credit                            |    | 03/27/01        |  | 03/27/15     |    |               | 1 |  |               |   | * |                   |       |  | 5.25                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 59    |  |  | $ | 57    | 
|                                                                                               |  |   |  | Atlantic Veal & Lamb, Inc. ##                                        |  | Revolving line of credit                            |    | 08/15/01        |  | 08/15/14     |    |               | 1 |  |               |   | * |                   |       |  | 5.50                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 54    |  |  | $ | 52    | 
|                                                                                               |  |   |  | Magic Moments &                                                      |  | Revolving line of credit                            |    | 01/23/08        |  | 01/23/15     |    |               | 1 |  |               |   | * |                   |       |  | 6.75                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 190   |  |  | $ | 182   | 
|                                                                                               |  |   |  | Two Cousins Fish Market, Inc.                                        |  | Revolving line of credit                            |    | 01/23/99        |  | 01/23/15     |    |               | 1 |  |               |   | * |                   |       |  | 5.25                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 35    |  |  | $ | 34    | 
|                                                                                               |  |   |  | Snow Shoe Refractories, LLC                                          |  | Revolving line of credit                            |    | 11/30/11        |  | 11/30/14     |    |               | 1 |  |               |   | * |                   |       |  | 6.00                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 35    |  |  | $ | 29    | 
|                                                                                               |  |   |  | Benco Inc.                                                           |  | Revolving line of credit                            |    | 11/06/13        |  | 11/06/14     |    |               | 1 |  |               |   | * |                   |       |  | 6.25                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 19    |  |  | $ | 22    | 
|Transportation and Warehousing (17% of the total)                                              |  |   |  | Fleet Radio Dispatch Corp. ##                                        |  | Revolving line of credit                            |    | 12/31/01        |  | 12/31/14     |    |               | 1 |  |               |   | * |                   |       |  | 6.00                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 585   |  |  | $ | 561   | 
|                                                                                               |  |   |  | Chauffeured Services Unlimited &                                     |  | Revolving line of credit                            |    | 05/02/06        |  | 05/02/14     |    |               | 1 |  |               |   | * |                   |       |  | 8.00                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 205   |  |  | $ | 197   | 
|                                                                                               |  |   |  | Big Daddy Drayage, Inc.                                              |  | Revolving line of credit                            |    | 10/18/06        |  | 10/18/14     |    |               | 1 |  |               |   | * |                   |       |  | 5.25                | % |       | $                                    | 0     |   |          |   |       |           |        | $ | 125   |  |  | $ | 114   | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |               |       |   |               |   |       |                   |  |   |                     |   |  |                                      |        |  |          |   |        |           |  |   |       |  |  |    |       | 
|------------------------------------------------------------------------------------------------ |  |  |  | ---------------------------------------------------------------------- | -- | --------------------------------------------------- |  | --------------- | -- | ------------ |  | ------------- | ----- | - | ------------- | - | ----- | ----------------- |  | - | ------------------- | - |  | ------------------------------------ | ------ |  | -------- | - | ------ | --------- |  | - | ----- |  |  | -- | ----- | 
|(Dollars in thousands)                                                                           |  |  |  | Obligor Name                                                           |    | Security Type(all restricted
unlessotherwise noted) |  | AcquisitionDate |    | MaturityDate |  | No. ofInvest. |       |   | % ofNetAssets |   |       | InterestRate 
(1) |  |   | CapitalizedInterest |   |  | OriginalCost of 2014Acquisitions (5) |        |  | Cost (4) |   |        | FairValue | 
|Retail Trade (11% of the total)                                                                  |  |  |  | The Dependable Food Corp. ##                                           |    | Revolving line of credit                            |  | 10/19/98        |    | 10/19/14     |  |               | 1     |   |               |   | *     |                   |  |   | 4.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 345   |  |  | $  | 331   | 
|                                                                                                 |  |  |  | Cyrus R. Fox, Inc. ##                                                  |    | Revolving line of credit                            |  | 08/31/06        |    | 08/31/14     |  |               | 1     |   |               |   | *     |                   |  |   | 5.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 98    |  |  | $  | 89    | 
|                                                                                                 |  |  |  | I & E Tire Corp. ##                                                    |    | Revolving line of credit                            |  | 12/21/98        |    | 12/21/14     |  |               | 1     |   |               |   | *     |                   |  |   | 5.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 19    |  |  | $  | 18    | 
|                                                                                                 |  |  |  | CNC Associated N.Y.                                                    |    | Revolving line of credit                            |  | 07/24/01        |    | 07/24/14     |  |               | 1     |   |               |   | *     |                   |  |   | 5.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 136   |  |  | $  | 130   | 
|                                                                                                 |  |  |  | Colt, Inc.                                                             |    | Revolving line of credit                            |  | 10/12/04        |    | 10/12/14     |  |               | 1     |   |               |   | *     |                   |  |   | 6.58                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 9     |  |  | $  | 6     | 
|Manufacturing (4% of the total)                                                                  |  |  |  | Absecon Mills, Inc. ##                                                 |    | Revolving line of credit                            |  | 07/07/04        |    | 07/07/14     |  |               | 1     |   |               |   | *     |                   |  |   | 6.25                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 119   |  |  | $  | 110   | 
|                                                                                                 |  |  |  | Douglass Industries, Inc. ##                                           |    | Revolving line of credit                            |  | 07/07/04        |    | 07/07/14     |  |               | 1     |   |               |   | *     |                   |  |   | 6.25                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 21    |  |  | $  | 19    | 
|                                                                                                 |  |  |  | Fine Line Graphics, Inc.                                               |    | Revolving line of credit                            |  | 11/29/05        |    | 11/29/14     |  |               | 1     |   |               |   | *     |                   |  |   | 6.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 79    |  |  | $  | 69    | 
|                                                                                                 |  |  |  | JLM Couture Inc.                                                       |    | Revolving line of credit                            |  | 06/22/10        |    | 06/22/14     |  |               | 1     |   |               |   | *     |                   |  |   | 5.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 11    |  |  | $  | 9     | 
|                                                                                                 |  |  |  | Matthew Die Division LLC                                               |    | Revolving line of credit                            |  | 02/18/10        |    | 02/18/15     |  |               | 1     |   |               |   | *     |                   |  |   | 6.25                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 10    |  |  | $  | 6     | 
|                                                                                                 |  |  |  | International Rollforms, Inc                                           |    | Revolving line of credit                            |  | 01/27/14        |    | 01/27/15     |  |               | 1     |   |               |   | *     |                   |  |   | 7.25                | % |  | $                                    | 0      |  |          | $ | 10     |           |  | $ | 1     |  |  | $  | 5     | 
|Construction (2% of the total)                                                                   |  |  |  | Triple A. Supplies, Inc. ##                                            |    | Revolving line of credit                            |  | 07/20/99        |    | 07/20/14     |  |               | 1     |   |               |   | *     |                   |  |   | 5.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 129   |  |  | $  | 124   | 
|                                                                                                 |  |  |  | Mathusek, Incorporated                                                 |    | Revolving line of credit                            |  | 07/23/13        |    | 07/23/14     |  |               | 1     |   |               |   | *     |                   |  |   | 6.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 1     |  |  | $  | 5     | 
|Finance and Insurance (2% of the total)                                                          |  |  |  | RAS Group, Inc. &                                                      |    | Revolving line of credit                            |  | 02/14/08        |    | 02/14/15     |  |               | 1     |   |               |   | *     |                   |  |   | 5.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 99    |  |  | $  | 95    | 
|Health Care and Social Assistance (2% of the total)                                              |  |  |  | Mrs. Marys Place HCS Inc. ##                                          |    | Revolving line of credit                            |  | 10/02/07        |    | 10/02/14     |  |               | 1     |   |               |   | *     |                   |  |   | 5.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 106   |  |  | $  | 92    | 
|                                                                                                 |  |  |  | Heart to Heart Health Care                                             |    | Revolving line of credit                            |  | 11/09/12        |    | 11/09/14     |  |               | 1     |   |               |   | *     |                   |  |   | 6.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 1     |  |  | -$ | 1     | 
|Administrative and Support Services (0% of the total)                                            |  |  |  | Raritan Building Service Corp                                          |    | Revolving line of credit                            |  | 06/30/07        |    | 06/30/14     |  |               | 1     |   |               |   | *     |                   |  |   | 5.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 22    |  |  | $  | 19    | 
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |               |       |   |               |   |       |                   |  |   |                     |   |  |                                      |        |  |          |   |        |           |  |   |       |  |  |    |       | 
|Total asset-based ($4,494 pledged as collateral under borrowing arrangements)                    |  |  |  |                                                                        | 29 |                                                     |  |                 | 2  | %            |  |               | 5.22  | % |               | $ | 0     |                   |  | $ | 10                  |   |  | $                                    | 5,481  |  |          | $ | 5,216  |          
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |               |       |   |               |   |       |                   |  |   |                     |   |  |                                      |        |  |          |   |        |           |  |   |       |  |  |    |       | 
|Other secured commercial (72% New York and 28%
New Jersey)                                       |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |               |       |   |               |   |       |                   |  |   |                     |   |  |                                      |        |  |          |   |        |           |  |  
|Retail Trade (79% of the total)                                                                  |  |  |  | Medallion Fine Art Inc (interest rate includes PIK interest of 12.00%) |    | Term Loan                                           |  | 12/17/12        |    | 12/17/17     |  |               | 1     |   |               |   | 2     | %                 |  |   | 12.00               | % |  | $                                    | 555    |  |          |   |        |           |  | $ | 6,155 |  |  | $  | 6,155 | 
|                                                                                                 |  |  |  | Guyonamar Food Corp                                                    |    | Term Loan                                           |  | 03/17/11        |    | 03/17/16     |  |               | 1     |   |               |   | *     |                   |  |   | 9.25                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 633   |  |  | $  | 631   | 
|                                                                                                 |  |  |  | Antonio Rosado                                                         |    | Term Loan                                           |  | 03/15/12        |    | 03/15/17     |  |               | 1     |   |               |   | *     |                   |  |   | 9.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 585   |  |  | $  | 581   | 
|                                                                                                 |  |  |  | La Conga Food Market Inc                                               |    | Term Loan                                           |  | 10/09/12        |    | 01/09/20     |  |               | 1     |   |               |   | *     |                   |  |   | 9.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 524   |  |  | $  | 519   | 
|                                                                                                 |  |  |  | Anthony Supermarket LLC                                                |    | Term Loan                                           |  | 04/02/13        |    | 07/02/18     |  |               | 1     |   |               |   | *     |                   |  |   | 9.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 446   |  |  | $  | 442   | 
|                                                                                                 |  |  |  | Hansel Batista                                                         |    | Term Loan                                           |  | 02/06/14        |    | 05/06/20     |  |               | 1     |   |               |   | *     |                   |  |   | 9.00                | % |  | $                                    | 0      |  |          | $ | 410    |           |  | $ | 410   |  |  | $  | 406   | 
|                                                                                                 |  |  |  | La Conga Meat Market Inc                                               |    | Term Loan                                           |  | 12/17/13        |    | 03/17/20     |  |               | 1     |   |               |   | *     |                   |  |   | 9.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 400   |  |  | $  | 396   | 
|                                                                                                 |  |  |  | Ar Supermarket LLC                                                     |    | Term Loan                                           |  | 08/02/13        |    | 08/02/18     |  |               | 1     |   |               |   | *     |                   |  |   | 8.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 361   |  |  | $  | 358   | 
|                                                                                                 |  |  |  | 616 Broadway LLC                                                       |    | Term Loan                                           |  | 02/10/11        |    | 12/17/14     |  |               | 1     |   |               |   | *     |                   |  |   | 8.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 318   |  |  | $  | 318   | 
|                                                                                                 |  |  |  | F.J.P. Meat Market Inc                                                 |    | Term Loan                                           |  | 02/06/12        |    | 09/06/17     |  |               | 1     |   |               |   | *     |                   |  |   | 9.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 270   |  |  | $  | 269   | 
|                                                                                                 |  |  |  | Drr Enterprises LLC                                                    |    | Term Loan                                           |  | 10/28/08        |    | 10/17/18     |  |               | 1     |   |               |   | *     |                   |  |   | 10.50               | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 152   |  |  | $  | 152   | 
|                                                                                                 |  |  |  | Moderne Barn Wines&Spirits Inc                                         |    | Term Loan                                           |  | 05/09/13        |    | 05/09/18     |  |               | 1     |   |               |   | *     |                   |  |   | 4.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 128   |  |  | $  | 129   | 
|                                                                                                 |  |  |  | New Era Meat Supermarket LLC                                           |    | Term Loan                                           |  | 09/13/06        |    | 09/16/16     |  |               | 1     |   |               |   | *     |                   |  |   | 10.00               | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 73    |  |  | $  | 73    | 
|                                                                                                 |  |  |  | Mi Favorita Food Corp &                                                |    | Term Loan                                           |  | 08/13/09        |    | 12/26/14     |  |               | 1     |   |               |   | *     |                   |  |   | 9.25                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 44    |  |  | $  | 44    | 
|                                                                                                 |  |  |  | G&C Grocery Inc &                                                      |    | Term Loan                                           |  | 05/19/08        |    | 08/23/15     |  |               | 1     |   |               |   | *     |                   |  |   | 0.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 38    |  |  | $  | 38    | 
|                                                                                                 |  |  |  | Julio Castillo &                                                       |    | Term Loan                                           |  | 08/18/08        |    | 03/03/15     |  |               | 1     |   |               |   | *     |                   |  |   | 9.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 34    |  |  | $  | 34    | 
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |              
|Accommodation and Food Services (19% of the total)                                               |  |  |  | Dune Deck Owners Corp ##                                               |    | Term Loan                                           |  | 04/24/07        |    | 03/31/14     |  |               | 1     |   |               |   | 1     | %                 |  |   | 7.25                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 2,072 |  |  | $  | 2,072 | 
|                                                                                                 |  |  |  | Bistro Caterers Corporation                                            |    | Term Loan                                           |  | 07/25/13        |    | 07/25/18     |  |               | 1     |   |               |   | *     |                   |  |   | 9.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 249   |  |  | $  | 248   | 
|                                                                                                 |  |  |  | El Tropico Family Rest Ii LLC &                                        |    | Term Loan                                           |  | 11/29/05        |    | 03/18/14     |  |               | 1     |   |               |   | *     |                   |  |   | 7.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 272   |  |  | $  | 212   | 
|                                                                                                 |  |  |  | Pc One Inc &                                                           |    | Term Loan                                           |  | 05/25/05        |    | 03/25/15     |  |               | 1     |   |               |   | *     |                   |  |   | 8.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 82    |  |  | $  | 6     | 
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |              
|Real Estate and Rental and Leasing (1% of the total)                                             |  |  |  | Rala Management                                                        |    | Term Loan                                           |  | 04/22/99        |    | 09/01/15     |  |               | 1     |   |               |   | *     |                   |  |   | 4.75                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 84    |  |  | $  | 84    | 
|                                                                                                 |  |  |  | Thursday Morning Inc                                                   |    | Term Loan                                           |  | 04/01/10        |    | 04/01/15     |  |               | 1     |   |               |   | *     |                   |  |   | 6.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 77    |  |  | $  | 77    | 
|                                                                                                 |  |  |  | T.P. Hon LLC                                                           |    | Term Loan                                           |  | 07/15/13        |    | 07/15/16     |  |               | 1     |   |               |   | *     |                   |  |   | 4.00                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 32    |  |  | $  | 33    | 
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |              
|Health Care and Social Assistance (1% of the total)                                              |  |  |  | Craig Feuerman M.D. P.C.                                               |    | Term Loan                                           |  | 05/14/13        |    | 05/14/18     |  |               | 1     |   |               |   | *     |                   |  |   | 7.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 129   |  |  | $  | 130   | 
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |              
|Other Services (except Public Administration) (0% of the total)                                  |  |  |  | Newco Laundry Systems I Inc                                            |    | Term Loan                                           |  | 05/02/09        |    | 05/02/14     |  |               | 1     |   |               |   | *     |                   |  |   | 6.50                | % |  | $                                    | 0      |  |          |   |        |           |  | $ | 15    |  |  | $  | 15    | 
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |               |       |   |               |   |       |                   |  |   |                     |   |  |                                      |        |  |          |   |        |           |  |   |       |  |  |    |       | 
|Total other secured commercial loans ($2,073 pledged as collateral under borrowing
arrangements) |  |  |  |                                                                        | 25 |                                                     |  |                 | 5  | %            |  |               | 9.97  | % |               | $ | 555   |                   |  | $ | 410                 |   |  | $                                    | 13,583 |  |          | $ | 13,422 |          
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |               |       |   |               |   |       |                   |  |   |                     |   |  |                                      |        |  |          |   |        |           |  |   |       |  |  |    |       | 
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                
|Total commercial loans ($6,567 pledged as collateral under borrowing arrangements)(2)            |  |  |  |                                                                        | 81 |                                                     |  |                 | 21 | %            |  |               | 10.93 | % |               | $ | 2,569 |                   |  | $ | 1,920               |   |  | $                                    | 65,562 |  |          | $ | 58,915 |          
|                                                                                                 |  |  |  |                                                                        |    |                                                     |  |                 |    |              |  |               |       |   |               |   |       |                   |  |   |                     |   |  |                                      |        |  |          |   |        |           |  |   |       |  |  |    |       | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

March 31, 2014



|                                                                                 |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|-------------------------------------------------------------------------------- |  | --------- |  | ----------------------------------------------- | --- | --------------------------------------------------- | - | --------------- | --- | ------------ | -- | ------------- | ---- | - | ------------- | - | ----- | ----------------- | ---- | - | ------------------- | - | - | ------------------------------------ | ------- | - | -------- | - | ------- | --------- | ------- | - | ------- | - | - | - | ------- | 
|(Dollars in thousands)                                                           |  |           |  | Obligor Name                                    |     | Security Type(all restricted
unlessotherwise noted) |   | AcquisitionDate |     | MaturityDate |    | No. ofInvest. |      |   | % ofNetAssets |   |       | InterestRate 
(1) |      |   | CapitalizedInterest |   |   | OriginalCost of 2014Acquisitions (5) |         |   | Cost (4) |   |         | FairValue |        
|Commercial Banking                                                               |  |           |  | Medallion Bank **                               |     | 100% of common stock                                |   | 05/16/02        |     | None         |    |               | 1    |   |               |   | 37    | %                 |      |   | 11.68               | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 102,760 |   |   | $ | 102,760 | 
|Art Dealer                                                                       |  |           |  | Medallion Fine Art, Inc.                        |     | 100% of common stock                                |   | 12/03/12        |     | None         |    |               | 1    |   |               |   | 1     | %                 |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 1,682   |   |   | $ | 1,682   | 
|Real Estate                                                                      |  |           |  | Medallion Hamptons Holding LLC                  |     | 100% of membership interests                        |   | 06/21/05        |     | None         |    |               | 1    |   |               |   | 1     | %                 |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 3,750   |   |   | $ | 3,750   | 
|Loan Servicing                                                                   |  |           |  | Medallion Servicing Corp.                       |     | 100% of common stock                                |   | 11/05/10        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 621     |   |   | $ | 621     | 
|Professional Sports Team                                                         |  |           |  | Lax Group LLC                                   |     | 42% of membership interests                         |   | 5/23/2012       |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 777     |   |   | $ | 777     | 
|Advertising                                                                      |  |           |  | Generation Outdoor, Inc.                        |     | 100% of common stock                                |   | 12/20/04        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 676     |   |   | $ | 676     | 
|                                                                                 |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|Investment in Medallion Bank and other controlled subsidiaries, net              |  |           |  |                                                 |     |                                                     | 6 |                 |     |              | 40 | %             |      |   | 10.88         | % |       | $                 | 0    |   |                     | $ | 0 |                                      |         | $ | 110,266  |   |         | $         | 110,266 |  
|                                                                                 |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|Equity investments                                                               |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|Commercial Finance                                                               |  |           |  | Convergent Capital, Ltd **                      |     | 7% of limited partnership interest                  |   | 07/20/07        |     | None         |    |               | 1    |   |               |   | 1     | %                 |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 1,132   |   |   | $ | 2,308   | 
|Banking                                                                          |  |           |  | Bridge Bancorp Inc.                             |     | *                                                   |   | 03/30/12        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 750     |   |   | $ | 75      | 
|Appliance Recycler #                                                             |  |           |  | Appliance Recycling Centers of America, Inc. ** |     | 8.86% of common stock                               |   | 09/10/98        |     | None         |    |               | 1    |   |               |   | 1     | %                 |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 0       |   |   | $ | 1,399   | 
|NASCAR Race Team                                                                 |  |           |  | Medallion MotorSports, LLC                      |     | 75% of limited liability interest                   |   | 11/24/10        |     | None         |    |               | 1    |   |               |   | 1     | %                 |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 1,954   |   |   | $ | 1,954   | 
|Bakery                                                                           |  |           |  | Quaker Bakery                                   |     | * of senior preferred stock                         |   | 03/28/12        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 359     |   |   | $ | 359     | 
|Machinery Manufacturer                                                           |  | +         |  | Reel Power International, Inc.                  |     | 2.65% of common stock                               |   | 08/04/08        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 318     |   |   | $ | 318     | 
|Real Estate Investment                                                           |  |           |  | PMC Commercial Trust **                         |     | *                                                   |   | 12/30/10        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 3.97                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 902     |   |   | $ | 150     | 
|Surgical Instruments                                                             |  |           |  | Summit Medical, Inc.                            |     | 9.25% of common stock                               |   | 11/01/10        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 135     |   |   | $ | 135     | 
|IT Services                                                                      |  |           |  | Centare                                         |     | 7.23% of common stock, 3.88% of preferred stock     |   | 08/30/13        |     | None         |    |               | 1    |   |               |   | *     |                   |      |   | 0.00                | % |   | $                                    | 0       |   |          |   |         |           |         | $ | 103     |   |   | $ | 103     | 
|Employee Leasing Services                                                        |  | Staff One |  | 46.4% preferred stock                           |     | 06/30/08                                            |   | None            |     |              | 2  |               |      |   | *             |   |       |                   | 0.00 | % |                     | $ | 0 |                                      |         |   |          |   |         | $         | 472     |   |         | $ | 0 |  
|                                                                                 |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|Equity investments, net                                                          |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               | 11   |   |               |   | 2     | %                 |      |   | 0.58                | % |   | $                                    | 0       |   |          | $ | 0       |           |         | $ | 6,125   |   |   | $ | 6,801   | 
|                                                                                 |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|Investment securities                                                            |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|Investment securities, net                                                       |  |           |  |                                                 |     |                                                     |   |                 | 0   |              |    |               | 0    | % |               |   | 0.00  | %                 |      | $ | 0                   |   |   | $                                    | 0       |   |          | $ | 0       |           |         | $ | 0       |  
|                                                                                 |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 
|Net Investments ($241,537 pledged as collateral under borrowing arrangements)(3) |  |           |  |                                                 | 768 |                                                     |   |                 | 177 | %            |    |               | 6.43 | % |               | $ | 2,569 |                   |      | $ | 38,071              |   |   | $                                    | 493,040 |   |          | $ | 487,324 |          
|                                                                                 |  |           |  |                                                 |     |                                                     |   |                 |     |              |    |               |      |   |               |   |       |                   |      |   |                     |   |   |                                      |         |   |          |   |         |           |         |   |         |   |   |   |         | 



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

|(2) | Included in secured mezzanine commercial loans and other commercial loans was $2,569 of interest income capitalized into the outstanding investment balances, in
accordance with the terms of the investment contract.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(3) | The ratio of restricted securities fair value to net assets is 177%.
|--- | --------------------------------------------------------------------

|(4) | Gross unrealized appreciation, gross unrealized depreciation, and net appreciation for federal income tax purposes totaled $48,063, $10,841 and $37,222, respectively.
The tax cost of investments was $450,102.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(5) | For revolving lines of credit the amount shown is the cost at March 31, 2014.
|--- | -----------------------------------------------------------------------------

|* | Less than 1.0%
|- | --------------

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

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

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

|## | Pledged as collateral under borrowing arrangements.
|-- | ---------------------------------------------------

|+ | Includes various warrants, all of which have a cost and fair value of zero at March 31, 2014.
|- | ---------------------------------------------------------------------------------------------



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                     |  |      |                                      |  |   |           |  |  |           |         |  |  |   |         |  |  |   |         | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | -- | - | ------------------- |  | ---- | ------------------------------------ |  | - | --------- |  |  | --------- | ------- |  |  | - | ------- |  |  | - | ------- | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |    |   | CapitalizedInterest |  |      | OriginalCost 
of2013Acquisitions (5) |  |   | Cost 
(4) |  |  | FairValue |        
|Medallion Loans        |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                     |  |      |                                      |  |   |           |  |  |           |         |  |  |   |         |  |  |   |         | 
|New York               |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  | 358           |  |  |                  | 74 | % |                     |  | 3.52 | %                                    |  | $ | 0         |  |  | $         | 133,978 |  |  | $ | 202,954 |  |  | $ | 202,947 | 
|                       |  | Sean Cab Corp ##                  |  | Term Loan                                          |  |                 | 12/09/11 |  |              |  | 12/08/15 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.60 | %                                    |  |   |           |  |  |           |         |  |  | $ | 3,581   |  |  | $ | 3,566   | 
|                       |  | Real Cab Corp                     |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 2.81 | %                                    |  |   |           |  |  |           |         |  |  | $ | 2,545   |  |  | $ | 2,545   | 
|                       |  | Real Cab Corp                     |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.81 | %                                    |  |   |           |  |  |           |         |  |  | $ | 350     |  |  | $ | 350     | 
|                       |  | Sifnos, Van-Dim, Kitriani Incs ## |  | Term Loan                                          |  |                 | 06/08/10 |  |              |  | 05/01/15 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 4.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 2,460   |  |  | $ | 2,454   | 
|                       |  | Whispers Taxi Inc ##              |  | Term Loan                                          |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.35 | %                                    |  |   |           |  |  | $         | 2,197   |  |  | $ | 2,164   |  |  | $ | 2,156   | 
|                       |  | Slo Cab Corp                      |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 2.81 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,527   |  |  | $ | 1,527   | 
|                       |  | Slo Cab Corp                      |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.81 | %                                    |  |   |           |  |  |           |         |  |  | $ | 210     |  |  | $ | 210     | 
|                       |  | Lety Cab Corp ##                  |  | Term Loan                                          |  |                 | 10/21/10 |  |              |  | 10/20/15 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.13 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,557   |  |  | $ | 1,550   | 
|                       |  | Nancy Transit Inc ##              |  | Term Loan                                          |  |                 | 03/11/13 |  |              |  | 03/11/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,575   |  |  | $ | 1,546   |  |  | $ | 1,542   | 
|                       |  | Bunty & Jyoti Inc ##              |  | Term Loan                                          |  |                 | 03/13/13 |  |              |  | 03/13/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.75 | %                                    |  |   |           |  |  | $         | 1,575   |  |  | $ | 1,546   |  |  | $ | 1,541   | 
|                       |  | Junaid Trans Corp ##              |  | Term Loan                                          |  |                 | 04/30/13 |  |              |  | 04/30/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.75 | %                                    |  |   |           |  |  | $         | 1,550   |  |  | $ | 1,524   |  |  | $ | 1,519   | 
|                       |  | Christian Cab Corp                |  | Term Loan                                          |  |                 | 11/27/12 |  |              |  | 11/27/15 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 4.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,504   |  |  | $ | 1,513   | 
|                       |  | Ocean Hacking Corp ##             |  | Term Loan                                          |  |                 | 12/20/13 |  |              |  | 12/20/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,500   |  |  | $ | 1,500   |  |  | $ | 1,502   | 
|                       |  | Devin Taxi Corp ##                |  | Term Loan                                          |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.35 | %                                    |  |   |           |  |  | $         | 1,465   |  |  | $ | 1,443   |  |  | $ | 1,438   | 
|                       |  | Dayna Hacking Corp ##             |  | Term Loan                                          |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.35 | %                                    |  |   |           |  |  | $         | 1,465   |  |  | $ | 1,443   |  |  | $ | 1,438   | 
|                       |  | Benson Hacking Corp ##            |  | Term Loan                                          |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.35 | %                                    |  |   |           |  |  | $         | 1,465   |  |  | $ | 1,443   |  |  | $ | 1,438   | 
|                       |  | Silke Hacking Corp ##             |  | Term Loan                                          |  |                 | 06/28/13 |  |              |  | 06/28/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 2.90 | %                                    |  |   |           |  |  | $         | 1,450   |  |  | $ | 1,424   |  |  | $ | 1,426   | 
|                       |  | Sonu-Seema Corp ##                |  | Term Loan                                          |  |                 | 12/07/12 |  |              |  | 12/07/15 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.75 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,415   |  |  | $ | 1,410   | 
|                       |  | Lil Amandachaka Hacking Corp ##   |  | Term Loan                                          |  |                 | 07/23/13 |  |              |  | 07/23/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,425   |  |  | $ | 1,407   |  |  | $ | 1,409   | 
|                       |  | Flow Taxi Corp ##                 |  | Term Loan                                          |  |                 | 07/23/13 |  |              |  | 07/23/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,425   |  |  | $ | 1,407   |  |  | $ | 1,409   | 
|                       |  | Ukraine Service Co ##             |  | Term Loan                                          |  |                 | 07/23/13 |  |              |  | 07/23/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,425   |  |  | $ | 1,407   |  |  | $ | 1,409   | 
|                       |  | Nosilla Service Co., Inc ##       |  | Term Loan                                          |  |                 | 07/23/13 |  |              |  | 07/23/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,425   |  |  | $ | 1,407   |  |  | $ | 1,409   | 
|                       |  | Orys Trans Corp ##                |  | Term Loan                                          |  |                 | 07/24/13 |  |              |  | 07/24/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 2.75 | %                                    |  |   |           |  |  | $         | 1,400   |  |  | $ | 1,400   |  |  | $ | 1,402   | 
|                       |  | Alltaxitwo Cab Corp ##            |  | Term Loan                                          |  |                 | 07/24/13 |  |              |  | 07/24/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 2.75 | %                                    |  |   |           |  |  | $         | 1,400   |  |  | $ | 1,400   |  |  | $ | 1,402   | 
|                       |  | Perem Hacking Corp ##             |  | Term Loan                                          |  |                 | 02/21/13 |  |              |  | 02/21/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,396   |  |  | $ | 1,362   |  |  | $ | 1,358   | 
|                       |  | S600 Service Co Inc ##            |  | Term Loan                                          |  |                 | 02/21/13 |  |              |  | 02/21/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,396   |  |  | $ | 1,362   |  |  | $ | 1,358   | 
|                       |  | Uddin Taxi Corp ##                |  | Term Loan                                          |  |                 | 11/14/12 |  |              |  | 11/14/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.25 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,358   |  |  | $ | 1,353   | 
|                       |  | Daytona Hacking Corp ##           |  | Term Loan                                          |  |                 | 06/28/13 |  |              |  | 06/28/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.90 | %                                    |  |   |           |  |  | $         | 1,364   |  |  | $ | 1,346   |  |  | $ | 1,348   | 
|                       |  | Concourse Cab Corp ##             |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.75 | %                                    |  |   |           |  |  | $         | 1,335   |  |  | $ | 1,333   |  |  | $ | 1,342   | 
|                       |  | Kby Taxi Inc ##                   |  | Term Loan                                          |  |                 | 05/17/13 |  |              |  | 05/17/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,300   |  |  | $ | 1,300   |  |  | $ | 1,296   | 
|                       |  | Anniversary Taxi Corp ##          |  | Term Loan                                          |  |                 | 05/17/13 |  |              |  | 05/17/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,300   |  |  | $ | 1,300   |  |  | $ | 1,296   | 
|                       |  | Hj Taxi Corp ##                   |  | Term Loan                                          |  |                 | 05/17/13 |  |              |  | 05/17/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,300   |  |  | $ | 1,300   |  |  | $ | 1,296   | 
|                       |  | Apple Cab Corp ##                 |  | Term Loan                                          |  |                 | 05/17/13 |  |              |  | 05/17/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,300   |  |  | $ | 1,300   |  |  | $ | 1,296   | 
|                       |  | Avi Taxi Corporation ##           |  | Term Loan                                          |  |                 | 05/17/13 |  |              |  | 05/17/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,300   |  |  | $ | 1,300   |  |  | $ | 1,296   | 
|                       |  | Ming Trans Corp ##                |  | Term Loan                                          |  |                 | 11/19/12 |  |              |  | 12/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.70 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,270   |  |  | $ | 1,266   | 
|                       |  | Ride Yellow LLC ##                |  | Term Loan                                          |  |                 | 02/01/13 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10 | %                                    |  |   |           |  |  | $         | 1,200   |  |  | $ | 1,200   |  |  | $ | 1,196   | 
|                       |  | Avilie Service Inc ##             |  | Term Loan                                          |  |                 | 02/11/13 |  |              |  | 02/11/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,183   |  |  | $ | 1,162   |  |  | $ | 1,164   | 
|                       |  | Red Army Cab Corp ##              |  | Term Loan                                          |  |                 | 02/21/13 |  |              |  | 08/21/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,177   |  |  | $ | 1,148   |  |  | $ | 1,144   | 
|                       |  | Big Ari Taxi Corp ##              |  | Term Loan                                          |  |                 | 08/14/13 |  |              |  | 08/14/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.80 | %                                    |  |   |           |  |  | $         | 1,152   |  |  | $ | 1,139   |  |  | $ | 1,141   | 
|                       |  | New Direction Cab Corp ##         |  | Term Loan                                          |  |                 | 11/18/11 |  |              |  | 11/18/14 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,140   |  |  | $ | 1,137   | 
|                       |  | D & G Taxi Inc ##                 |  | Term Loan                                          |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.35 | %                                    |  |   |           |  |  | $         | 1,142   |  |  | $ | 1,124   |  |  | $ | 1,121   | 
|                       |  | Jump Service Co Inc ##            |  | Term Loan                                          |  |                 | 02/11/13 |  |              |  | 02/22/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.80 | %                                    |  |   |           |  |  | $         | 1,123   |  |  | $ | 1,099   |  |  | $ | 1,096   | 
|                       |  | Gaultier Hacking Corp ##          |  | Term Loan                                          |  |                 | 08/27/12 |  |              |  | 08/27/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.90 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,096   |  |  | $ | 1,095   | 
|                       |  | Whats Yellow LLC ##               |  | Term Loan                                          |  |                 | 10/03/12 |  |              |  | 10/03/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.65 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,059   |  |  | $ | 1,060   | 
|                       |  | Rs Hacking Corp ##                |  | Term Loan                                          |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.35 | %                                    |  |   |           |  |  | $         | 1,052   |  |  | $ | 1,052   |  |  | $ | 1,049   | 
|                       |  | Yosi Transit Inc                  |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.81 | %                                    |  |   |           |  |  |           |         |  |  | $ | 1,018   |  |  | $ | 1,018   | 
|                       |  | Nelsk Taxi Inc ##                 |  | Term Loan                                          |  |                 | 08/20/13 |  |              |  | 08/20/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 1,025   |  |  | $ | 1,016   |  |  | $ | 1,018   | 
|                       |  | Global Agami Cab LLC ##           |  | Term Loan                                          |  |                 | 02/27/13 |  |              |  | 02/27/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,000   |  |  | $ | 991     |  |  | $ | 988     | 
|                       |  | Universal Agami Transit Inc ##    |  | Term Loan                                          |  |                 | 02/27/13 |  |              |  | 02/27/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,000   |  |  | $ | 991     |  |  | $ | 988     | 
|                       |  | Planet Agami Cab LLC ##           |  | Term Loan                                          |  |                 | 02/27/13 |  |              |  | 02/27/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,000   |  |  | $ | 991     |  |  | $ | 988     | 
|                       |  | Holdem Cab Corp ##                |  | Term Loan                                          |  |                 | 04/10/13 |  |              |  | 04/10/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,000   |  |  | $ | 982     |  |  | $ | 979     | 
|                       |  | Go Boy Cab Corp ##                |  | Term Loan                                          |  |                 | 04/10/13 |  |              |  | 04/10/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  | $         | 1,000   |  |  | $ | 982     |  |  | $ | 979     | 
|                       |  | Nedrag Trans Corp ##              |  | Term Loan                                          |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 975     |  |  | $ | 961     |  |  | $ | 963     | 
|                       |  | Typhoon Hacking Corp ##           |  | Term Loan                                          |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 975     |  |  | $ | 961     |  |  | $ | 963     | 
|                       |  | Hedy Hacking Corp. ##             |  | Term Loan                                          |  |                 | 05/30/13 |  |              |  | 05/30/18 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50 | %                                    |  |   |           |  |  | $         | 975     |  |  | $ | 961     |  |  | $ | 963     | 
|                       |  | M.Y. Taxi Inc ##                  |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10 | %                                    |  |   |           |  |  |           |         |  |  | $ | 960     |  |  | $ | 961     | 
|                       |  | Mixfuel Transit LLC ##            |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 890     |  |  | $ | 890     | 
|                       |  | Lowvolt Transit LLC ##            |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 890     |  |  | $ | 890     | 
|                       |  | Kinetic Transit LLC ##            |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 890     |  |  | $ | 890     | 
|                       |  | Neutron Transit LLC ##            |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 890     |  |  | $ | 890     | 
|                       |  | Proton Transit LLC ##             |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00 | %                                    |  |   |           |  |  |           |         |  |  | $ | 890     |  |  | $ | 890     | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                     |  |                                      |   |  |           |  |   |           |  |  |   |     |  |  |   |     | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ------------------- |  | ------------------------------------ | - |  | --------- |  | - | --------- |  |  | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | CapitalizedInterest |  | OriginalCost 
of2013Acquisitions (5) |   |  | Cost 
(4) |  |   | FairValue | 
|                       |  | Rechargeable Transit LLC ##       |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 890 |  |  | $ | 890 | 
|                       |  | Quark Transit LLC ##              |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 890 |  |  | $ | 890 | 
|                       |  | Juiced Transit LLC ##             |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 890 |  |  | $ | 886 | 
|                       |  | Isotope Transit LLC ##            |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 890 |  |  | $ | 886 | 
|                       |  | Composite Transit LLC ##          |  | Term Loan                                          |  |                 | 11/03/06 |  |              |  | 11/03/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 890 |  |  | $ | 886 | 
|                       |  | Blend Transit LLC ##              |  | Term Loan                                          |  |                 | 11/03/06 |  |              |  | 11/03/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 890 |  |  | $ | 886 | 
|                       |  | Hybrid Transit LLC ##             |  | Term Loan                                          |  |                 | 10/23/06 |  |              |  | 10/23/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.67                                 | % |  |           |  |   |           |  |  | $ | 890 |  |  | $ | 886 | 
|                       |  | Iddy Biddy Cab Corp ##            |  | Term Loan                                          |  |                 | 08/06/10 |  |              |  | 08/05/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 864 |  |  | $ | 860 | 
|                       |  | Malcolm Hacking Corp ##           |  | Term Loan                                          |  |                 | 08/06/10 |  |              |  | 08/05/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 864 |  |  | $ | 860 | 
|                       |  | Jbob Hacking Corp ##              |  | Term Loan                                          |  |                 | 08/06/10 |  |              |  | 08/05/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 864 |  |  | $ | 860 | 
|                       |  | Oyaz Hacking Corp ##              |  | Term Loan                                          |  |                 | 08/06/10 |  |              |  | 08/05/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 864 |  |  | $ | 860 | 
|                       |  | Copper One Cab Corp ##            |  | Term Loan                                          |  |                 | 02/17/12 |  |              |  | 02/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  |   |           |  |  | $ | 853 |  |  | $ | 855 | 
|                       |  | Agape-Mou Cab Corp                |  | Term Loan                                          |  |                 | 02/17/12 |  |              |  | 02/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  |   |           |  |  | $ | 853 |  |  | $ | 855 | 
|                       |  | Asterik Cab Co Inc                |  | Term Loan                                          |  |                 | 02/17/12 |  |              |  | 02/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  |   |           |  |  | $ | 853 |  |  | $ | 855 | 
|                       |  | Ghotra & Ghotra LLC               |  | Term Loan                                          |  |                 | 12/19/13 |  |              |  | 12/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.85                                 | % |  |           |  | $ | 833       |  |  | $ | 833 |  |  | $ | 843 | 
|                       |  | Gurpreet Singh & Manpreet Sing ## |  | Term Loan                                          |  |                 | 06/25/13 |  |              |  | 06/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.88                                 | % |  |           |  | $ | 835       |  |  | $ | 826 |  |  | $ | 828 | 
|                       |  | Arman And Mehtab Padda Taxi Co ## |  | Term Loan                                          |  |                 | 06/19/13 |  |              |  | 06/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.88                                 | % |  |           |  | $ | 835       |  |  | $ | 824 |  |  | $ | 826 | 
|                       |  | Garcha Randhawa Taxi Corp ##      |  | Term Loan                                          |  |                 | 05/31/13 |  |              |  | 05/30/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.88                                 | % |  |           |  | $ | 835       |  |  | $ | 823 |  |  | $ | 825 | 
|                       |  | Zus Trading Inc ##                |  | Term Loan                                          |  |                 | 08/09/13 |  |              |  | 08/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.85                                 | % |  |           |  | $ | 820       |  |  | $ | 814 |  |  | $ | 816 | 
|                       |  | Dhuri And Barnala Cab Corp ##     |  | Term Loan                                          |  |                 | 06/03/13 |  |              |  | 06/03/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.80                                 | % |  |           |  | $ | 810       |  |  | $ | 800 |  |  | $ | 802 | 
|                       |  | Haroon Sharif ##                  |  | Term Loan                                          |  |                 | 05/21/13 |  |              |  | 05/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.80                                 | % |  |           |  | $ | 810       |  |  | $ | 799 |  |  | $ | 800 | 
|                       |  | Ghulam Abbas ##                   |  | Term Loan                                          |  |                 | 04/17/13 |  |              |  | 04/17/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.80                                 | % |  |           |  | $ | 810       |  |  | $ | 797 |  |  | $ | 798 | 
|                       |  | Gohar Cab Corp                    |  | Term Loan                                          |  |                 | 10/11/13 |  |              |  | 10/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.85                                 | % |  |           |  | $ | 786       |  |  | $ | 784 |  |  | $ | 794 | 
|                       |  | Alika Awan Trans Corp ##          |  | Term Loan                                          |  |                 | 09/04/13 |  |              |  | 09/04/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.85                                 | % |  |           |  | $ | 786       |  |  | $ | 782 |  |  | $ | 784 | 
|                       |  | 1212 Taxi LLC ##                  |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 750 |  |  | $ | 751 | 
|                       |  | Samy Baddar ##                    |  | Term Loan                                          |  |                 | 07/18/13 |  |              |  | 07/18/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 750       |  |  | $ | 743 |  |  | $ | 745 | 
|                       |  | Ilker Altaygil ##                 |  | Term Loan                                          |  |                 | 07/18/13 |  |              |  | 07/18/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 750       |  |  | $ | 742 |  |  | $ | 744 | 
|                       |  | Joseph Gerard Pierre ##           |  | Term Loan                                          |  |                 | 12/02/13 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  | $ | 740       |  |  | $ | 740 |  |  | $ | 742 | 
|                       |  | Amr Aly Shafshak ##               |  | Term Loan                                          |  |                 | 11/04/13 |  |              |  | 11/04/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.13                                 | % |  |           |  | $ | 740       |  |  | $ | 738 |  |  | $ | 739 | 
|                       |  | Hot Wheels Taxi LLC ##            |  | Term Loan                                          |  |                 | 03/01/13 |  |              |  | 12/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  | $ | 740       |  |  | $ | 738 |  |  | $ | 737 | 
|                       |  | Btr Taxi Inc ##                   |  | Term Loan                                          |  |                 | 04/15/13 |  |              |  | 04/15/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 750       |  |  | $ | 737 |  |  | $ | 735 | 
|                       |  | Rakesh Aggarwal & Jasvir Singh ## |  | Term Loan                                          |  |                 | 11/06/13 |  |              |  | 11/06/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.85                                 | % |  |           |  | $ | 735       |  |  | $ | 733 |  |  | $ | 735 | 
|                       |  | Binh Pham ##                      |  | Term Loan                                          |  |                 | 12/18/13 |  |              |  | 12/18/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 730       |  |  | $ | 730 |  |  | $ | 729 | 
|                       |  | Bliss Cab Corp ##                 |  | Term Loan                                          |  |                 | 10/21/10 |  |              |  | 10/20/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 731 |  |  | $ | 728 | 
|                       |  | Jaswinder Singh ##                |  | Term Loan                                          |  |                 | 03/29/13 |  |              |  | 03/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.80                                 | % |  |           |  | $ | 744       |  |  | $ | 730 |  |  | $ | 728 | 
|                       |  | Joseph R Jean ##                  |  | Term Loan                                          |  |                 | 04/15/13 |  |              |  | 04/15/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 736       |  |  | $ | 725 |  |  | $ | 725 | 
|                       |  | Leo P. Roland ##                  |  | Term Loan                                          |  |                 | 12/03/13 |  |              |  | 12/03/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 720       |  |  | $ | 720 |  |  | $ | 722 | 
|                       |  | Jacob Apoh ##                     |  | Term Loan                                          |  |                 | 12/11/13 |  |              |  | 12/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 720       |  |  | $ | 720 |  |  | $ | 722 | 
|                       |  | Kawarjeet Singh & Maan Singh ##   |  | Term Loan                                          |  |                 | 05/15/13 |  |              |  | 05/15/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 730       |  |  | $ | 719 |  |  | $ | 721 | 
|                       |  | Aminder Pal Singh ##              |  | Term Loan                                          |  |                 | 11/21/13 |  |              |  | 11/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 720       |  |  | $ | 719 |  |  | $ | 721 | 
|                       |  | Atef A Khalil ##                  |  | Term Loan                                          |  |                 | 11/26/13 |  |              |  | 11/26/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 709       |  |  | $ | 708 |  |  | $ | 710 | 
|                       |  | Gilberto Barrera ##               |  | Term Loan                                          |  |                 | 08/16/13 |  |              |  | 08/16/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 710       |  |  | $ | 704 |  |  | $ | 706 | 
|                       |  | Strivers Way Inc ##               |  | Term Loan                                          |  |                 | 12/17/13 |  |              |  | 12/17/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.85                                 | % |  |           |  | $ | 700       |  |  | $ | 700 |  |  | $ | 702 | 
|                       |  | Sukhdev Singh & Harpal S Bhola ## |  | Term Loan                                          |  |                 | 12/04/13 |  |              |  | 12/04/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 700       |  |  | $ | 698 |  |  | $ | 700 | 
|                       |  | Bruce Schneider ##                |  | Term Loan                                          |  |                 | 05/10/13 |  |              |  | 05/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 700       |  |  | $ | 700 |  |  | $ | 699 | 
|                       |  | Balwinder Singh ##                |  | Term Loan                                          |  |                 | 09/16/13 |  |              |  | 09/16/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 700       |  |  | $ | 696 |  |  | $ | 698 | 
|                       |  | Marian Cab Corp ##                |  | Term Loan                                          |  |                 | 06/19/12 |  |              |  | 06/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 698 |  |  | $ | 696 | 
|                       |  | Samiullah Zaman ##                |  | Term Loan                                          |  |                 | 08/21/13 |  |              |  | 08/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 700       |  |  | $ | 693 |  |  | $ | 695 | 
|                       |  | Eugenio & Ayodele Trans Corp ##   |  | Term Loan                                          |  |                 | 09/26/13 |  |              |  | 09/26/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 695       |  |  | $ | 693 |  |  | $ | 694 | 
|                       |  | Parvinder Singh ##                |  | Term Loan                                          |  |                 | 08/13/13 |  |              |  | 08/13/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 700       |  |  | $ | 694 |  |  | $ | 693 | 
|                       |  | Georges Salomon ##                |  | Term Loan                                          |  |                 | 06/13/13 |  |              |  | 06/13/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 700       |  |  | $ | 692 |  |  | $ | 693 | 
|                       |  | Preslert Louis ##                 |  | Term Loan                                          |  |                 | 05/30/13 |  |              |  | 05/30/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 700       |  |  | $ | 691 |  |  | $ | 692 | 
|                       |  | Amr & Rina Taxi Inc ##            |  | Term Loan                                          |  |                 | 07/15/13 |  |              |  | 07/15/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 700       |  |  | $ | 690 |  |  | $ | 692 | 
|                       |  | Shanu Miah ##                     |  | Term Loan                                          |  |                 | 06/20/13 |  |              |  | 06/20/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 695       |  |  | $ | 686 |  |  | $ | 688 | 
|                       |  | Jasvir S Dhaliwal ##              |  | Term Loan                                          |  |                 | 07/01/13 |  |              |  | 07/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 700       |  |  | $ | 686 |  |  | $ | 686 | 
|                       |  | Rousseau Ductan ##                |  | Term Loan                                          |  |                 | 05/01/13 |  |              |  | 05/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  | $ | 693       |  |  | $ | 684 |  |  | $ | 684 | 
|                       |  | Kerolus Waheib Makhail            |  | Term Loan                                          |  |                 | 12/27/12 |  |              |  | 12/27/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 681 |  |  | $ | 681 | 
|                       |  | Joseph L Flovel ##                |  | Term Loan                                          |  |                 | 10/31/13 |  |              |  | 10/30/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 680       |  |  | $ | 673 |  |  | $ | 678 | 
|                       |  | Birk Cab Corp ##                  |  | Term Loan                                          |  |                 | 05/22/13 |  |              |  | 05/22/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 683       |  |  | $ | 672 |  |  | $ | 677 | 
|                       |  | Robell Hacking Corp ##            |  | Term Loan                                          |  |                 | 09/11/13 |  |              |  | 09/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.80                                 | % |  |           |  | $ | 680       |  |  | $ | 675 |  |  | $ | 674 | 
|                       |  | Jordan O Ohene ##                 |  | Term Loan                                          |  |                 | 05/24/13 |  |              |  | 05/24/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 675       |  |  | $ | 667 |  |  | $ | 672 | 
|                       |  | Donald Singh ##                   |  | Term Loan                                          |  |                 | 10/11/13 |  |              |  | 10/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 662       |  |  | $ | 659 |  |  | $ | 658 | 
|                       |  | Jean Pierre Trans Inc ##          |  | Term Loan                                          |  |                 | 10/21/10 |  |              |  | 10/20/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 660 |  |  | $ | 657 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                     |  |                                      |   |  |           |  |   |           |  |  |   |     |  |  |   |     | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ------------------- |  | ------------------------------------ | - |  | --------- |  | - | --------- |  |  | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | CapitalizedInterest |  | OriginalCost 
of2013Acquisitions (5) |   |  | Cost 
(4) |  |   | FairValue | 
|                       |  | Cfn Cab Corp ##                   |  | Term Loan                                          |  |                 | 10/21/10 |  |              |  | 10/20/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 660 |  |  | $ | 657 | 
|                       |  | Charanjeet Kaur & Manjit Singh ## |  | Term Loan                                          |  |                 | 10/28/13 |  |              |  | 10/28/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 655       |  |  | $ | 652 |  |  | $ | 654 | 
|                       |  | Miklos Hacking Corp ##            |  | Term Loan                                          |  |                 | 10/21/10 |  |              |  | 10/20/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 655 |  |  | $ | 652 | 
|                       |  | Carmay Latendresse ##             |  | Term Loan                                          |  |                 | 09/17/13 |  |              |  | 09/17/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 650       |  |  | $ | 646 |  |  | $ | 648 | 
|                       |  | Gur & Dev Taxi LLC ##             |  | Term Loan                                          |  |                 | 05/10/13 |  |              |  | 05/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.40                                 | % |  |           |  | $ | 657       |  |  | $ | 648 |  |  | $ | 647 | 
|                       |  | Joseph Paul Desir ##              |  | Term Loan                                          |  |                 | 11/19/13 |  |              |  | 11/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 646       |  |  | $ | 645 |  |  | $ | 647 | 
|                       |  | Wisly Noel ##                     |  | Term Loan                                          |  |                 | 07/25/13 |  |              |  | 07/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 650       |  |  | $ | 642 |  |  | $ | 644 | 
|                       |  | Pierre Goguin Joseph ##           |  | Term Loan                                          |  |                 | 03/06/13 |  |              |  | 03/06/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 642       |  |  | $ | 642 |  |  | $ | 643 | 
|                       |  | Lesly Jeanjoseph ##               |  | Term Loan                                          |  |                 | 05/08/13 |  |              |  | 05/08/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 650       |  |  | $ | 641 |  |  | $ | 640 | 
|                       |  | Brunet Lucas ##                   |  | Term Loan                                          |  |                 | 06/06/13 |  |              |  | 06/06/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 641       |  |  | $ | 641 |  |  | $ | 639 | 
|                       |  | Carlos Govea ##                   |  | Term Loan                                          |  |                 | 02/28/13 |  |              |  | 02/28/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 646       |  |  | $ | 633 |  |  | $ | 632 | 
|                       |  | Anwar Khalifa ##                  |  | Term Loan                                          |  |                 | 07/11/13 |  |              |  | 07/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 642       |  |  | $ | 633 |  |  | $ | 632 | 
|                       |  | Nobert Auguste ##                 |  | Term Loan                                          |  |                 | 01/09/13 |  |              |  | 01/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.15                                 | % |  |           |  | $ | 645       |  |  | $ | 632 |  |  | $ | 631 | 
|                       |  | Ravinder Singh & Mandeep Multa ## |  | Term Loan                                          |  |                 | 12/19/12 |  |              |  | 12/19/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 631 |  |  | $ | 630 | 
|                       |  | Spyridon Tzorzis ##               |  | Term Loan                                          |  |                 | 07/10/13 |  |              |  | 07/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 635       |  |  | $ | 628 |  |  | $ | 630 | 
|                       |  | Mohammed Hossen & Abrar Hanif ##  |  | Term Loan                                          |  |                 | 03/11/13 |  |              |  | 03/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 640       |  |  | $ | 628 |  |  | $ | 628 | 
|                       |  | Michael Avitan ##                 |  | Term Loan                                          |  |                 | 04/11/13 |  |              |  | 04/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  | $ | 635       |  |  | $ | 625 |  |  | $ | 627 | 
|                       |  | Man Singh ##                      |  | Term Loan                                          |  |                 | 02/25/13 |  |              |  | 02/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 640       |  |  | $ | 627 |  |  | $ | 626 | 
|                       |  | Marc C Bastien ##                 |  | Term Loan                                          |  |                 | 04/11/13 |  |              |  | 04/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.65                                 | % |  |           |  | $ | 630       |  |  | $ | 621 |  |  | $ | 622 | 
|                       |  | Karamjit Panchhi ##               |  | Term Loan                                          |  |                 | 08/28/13 |  |              |  | 08/28/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 626       |  |  | $ | 621 |  |  | $ | 620 | 
|                       |  | Alexander Vizueta ##              |  | Term Loan                                          |  |                 | 09/12/13 |  |              |  | 09/12/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 620       |  |  | $ | 617 |  |  | $ | 619 | 
|                       |  | Guivarch Thimothe                 |  | Term Loan                                          |  |                 | 09/19/12 |  |              |  | 09/19/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 616 |  |  | $ | 617 | 
|                       |  | Shahdad Bhatti Cab Corp ##        |  | Term Loan                                          |  |                 | 04/11/13 |  |              |  | 04/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 625       |  |  | $ | 616 |  |  | $ | 615 | 
|                       |  | Sincere Cab Corp ##               |  | Term Loan                                          |  |                 | 06/21/11 |  |              |  | 06/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 611 |  |  | $ | 609 | 
|                       |  | Oradeanul Taxi Corp ##            |  | Term Loan                                          |  |                 | 01/30/13 |  |              |  | 02/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 620       |  |  | $ | 605 |  |  | $ | 606 | 
|                       |  | Turgut Duman ##                   |  | Term Loan                                          |  |                 | 12/06/12 |  |              |  | 12/06/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 604 |  |  | $ | 605 | 
|                       |  | Sushil Maggoo ##                  |  | Term Loan                                          |  |                 | 12/14/12 |  |              |  | 12/14/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 604 |  |  | $ | 605 | 
|                       |  | Manuel F Pena ##                  |  | Term Loan                                          |  |                 | 11/26/13 |  |              |  | 11/26/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 600       |  |  | $ | 600 |  |  | $ | 602 | 
|                       |  | Yvon Louissaint ##                |  | Term Loan                                          |  |                 | 12/17/12 |  |              |  | 12/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 600 |  |  | $ | 601 | 
|                       |  | Humberto Ontaneda ##              |  | Term Loan                                          |  |                 | 10/17/13 |  |              |  | 10/17/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 600       |  |  | $ | 598 |  |  | $ | 600 | 
|                       |  | Joseph W Charles ##               |  | Term Loan                                          |  |                 | 04/17/13 |  |              |  | 04/17/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 610       |  |  | $ | 600 |  |  | $ | 599 | 
|                       |  | Patrick Sattaur ##                |  | Term Loan                                          |  |                 | 03/15/13 |  |              |  | 03/15/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 600       |  |  | $ | 599 |  |  | $ | 598 | 
|                       |  | Guy Merisier ##                   |  | Term Loan                                          |  |                 | 08/20/13 |  |              |  | 08/20/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 600       |  |  | $ | 596 |  |  | $ | 598 | 
|                       |  | Alexander A Malamud ##            |  | Term Loan                                          |  |                 | 02/28/13 |  |              |  | 02/28/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.55                                 | % |  |           |  | $ | 604       |  |  | $ | 593 |  |  | $ | 595 | 
|                       |  | Rafi Mohammad ##                  |  | Term Loan                                          |  |                 | 02/27/13 |  |              |  | 02/27/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 600       |  |  | $ | 589 |  |  | $ | 588 | 
|                       |  | Erwich Chery ##                   |  | Term Loan                                          |  |                 | 11/01/13 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.70                                 | % |  |           |  | $ | 587       |  |  | $ | 585 |  |  | $ | 587 | 
|                       |  | Roudy Moliere &Jean B Letang ##   |  | Term Loan                                          |  |                 | 12/17/12 |  |              |  | 12/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  |   |           |  |  | $ | 587 |  |  | $ | 586 | 
|                       |  | Eli Parada ##                     |  | Term Loan                                          |  |                 | 11/27/13 |  |              |  | 11/27/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.65                                 | % |  |           |  | $ | 579       |  |  | $ | 579 |  |  | $ | 581 | 
|                       |  | Newton Sodhi ##                   |  | Term Loan                                          |  |                 | 05/06/13 |  |              |  | 05/06/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.38                                 | % |  |           |  | $ | 587       |  |  | $ | 578 |  |  | $ | 576 | 
|                       |  | Jose F Pimentel                   |  | Term Loan                                          |  |                 | 11/27/12 |  |              |  | 11/27/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 575 |  |  | $ | 576 | 
|                       |  | Jean J Monteau ##                 |  | Term Loan                                          |  |                 | 12/06/12 |  |              |  | 12/06/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 575 |  |  | $ | 573 | 
|                       |  | Gerardo Barrera ##                |  | Term Loan                                          |  |                 | 12/23/13 |  |              |  | 12/23/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 573       |  |  | $ | 573 |  |  | $ | 573 | 
|                       |  | Bhai Bhai Taxi Corp               |  | Term Loan                                          |  |                 | 06/02/11 |  |              |  | 10/01/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 571 |  |  | $ | 571 | 
|                       |  | I&I Cab Corp ##                   |  | Term Loan                                          |  |                 | 03/19/13 |  |              |  | 03/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.60                                 | % |  |           |  | $ | 568       |  |  | $ | 568 |  |  | $ | 569 | 
|                       |  | Rafael A Pena ##                  |  | Term Loan                                          |  |                 | 09/18/13 |  |              |  | 09/18/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 565       |  |  | $ | 559 |  |  | $ | 561 | 
|                       |  | Tamimu Aliu ##                    |  | Term Loan                                          |  |                 | 05/28/13 |  |              |  | 05/28/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 567       |  |  | $ | 560 |  |  | $ | 559 | 
|                       |  | Fernande Paul Cab Corp ##         |  | Term Loan                                          |  |                 | 01/24/13 |  |              |  | 01/24/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 570       |  |  | $ | 557 |  |  | $ | 559 | 
|                       |  | Mian Cab Corp ##                  |  | Term Loan                                          |  |                 | 01/22/13 |  |              |  | 01/22/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 570       |  |  | $ | 558 |  |  | $ | 557 | 
|                       |  | Amjad Abbas ##                    |  | Term Loan                                          |  |                 | 12/19/13 |  |              |  | 12/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.40                                 | % |  |           |  | $ | 555       |  |  | $ | 555 |  |  | $ | 555 | 
|                       |  | Ulrick Racine ##                  |  | Term Loan                                          |  |                 | 03/08/13 |  |              |  | 03/08/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 555       |  |  | $ | 548 |  |  | $ | 547 | 
|                       |  | Muhammad Saqib ##                 |  | Term Loan                                          |  |                 | 10/04/11 |  |              |  | 10/04/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 545 |  |  | $ | 543 | 
|                       |  | Shabir Khalid ##                  |  | Term Loan                                          |  |                 | 05/29/13 |  |              |  | 05/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  | $ | 556       |  |  | $ | 544 |  |  | $ | 543 | 
|                       |  | Hasina Farazi & Rafiul Farazi ##  |  | Term Loan                                          |  |                 | 02/25/13 |  |              |  | 02/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 555       |  |  | $ | 543 |  |  | $ | 542 | 
|                       |  | Jasvinder Chhoker + Dam Singh     |  | Term Loan                                          |  |                 | 11/10/11 |  |              |  | 12/05/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 542 |  |  | $ | 542 | 
|                       |  | Magloire David ##                 |  | Term Loan                                          |  |                 | 09/09/13 |  |              |  | 09/09/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.95                                 | % |  |           |  | $ | 540       |  |  | $ | 540 |  |  | $ | 542 | 
|                       |  | Dani Taxi Inc/Mbank               |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 541 |  |  | $ | 541 | 
|                       |  | Albert A Agyemang ##              |  | Term Loan                                          |  |                 | 07/09/13 |  |              |  | 07/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 550       |  |  | $ | 541 |  |  | $ | 541 | 
|                       |  | Pierre Chery ##                   |  | Term Loan                                          |  |                 | 09/24/12 |  |              |  | 09/24/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 538 |  |  | $ | 539 | 
|                       |  | Ptah Cab Corp ##                  |  | Term Loan                                          |  |                 | 05/25/11 |  |              |  | 05/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 540 |  |  | $ | 538 | 
|                       |  | Albro Hacking, Corp. ##           |  | Term Loan                                          |  |                 | 10/21/10 |  |              |  | 10/20/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.13                                 | % |  |           |  |   |           |  |  | $ | 537 |  |  | $ | 535 | 
|                       |  | Jaswinder Sharma ##               |  | Term Loan                                          |  |                 | 11/02/11 |  |              |  | 11/02/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 537 |  |  | $ | 534 | 
|                       |  | Frantz Louhis & Joseph Paul ##    |  | Term Loan                                          |  |                 | 06/08/12 |  |              |  | 06/08/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  |   |           |  |  | $ | 530 |  |  | $ | 530 | 
|                       |  | Dominique Ismael ##               |  | Term Loan                                          |  |                 | 05/07/13 |  |              |  | 05/07/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 529       |  |  | $ | 521 |  |  | $ | 521 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                     |  |                                      |   |  |           |  |   |           |  |  |   |     |  |  |   |     | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ------------------- |  | ------------------------------------ | - |  | --------- |  | - | --------- |  |  | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | CapitalizedInterest |  | OriginalCost 
of2013Acquisitions (5) |   |  | Cost 
(4) |  |   | FairValue | 
|                       |  | Ahmed Elsayed ##                  |  | Term Loan                                          |  |                 | 11/22/13 |  |              |  | 11/22/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 521       |  |  | $ | 519 |  |  | $ | 521 | 
|                       |  | Olmedo Nocua ##                   |  | Term Loan                                          |  |                 | 01/25/13 |  |              |  | 01/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 530       |  |  | $ | 518 |  |  | $ | 517 | 
|                       |  | Avner Ben-Levy ##                 |  | Term Loan                                          |  |                 | 05/29/12 |  |              |  | 05/29/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  |   |           |  |  | $ | 506 |  |  | $ | 505 | 
|                       |  | Louis A Alphonse ##               |  | Term Loan                                          |  |                 | 02/21/13 |  |              |  | 02/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 510       |  |  | $ | 500 |  |  | $ | 501 | 
|                       |  | M Irshad Chaudhry & Mhd Ramzan ## |  | Term Loan                                          |  |                 | 03/21/11 |  |              |  | 03/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 504 |  |  | $ | 500 | 
|                       |  | Avtar Singh ##                    |  | Term Loan                                          |  |                 | 11/22/11 |  |              |  | 11/07/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 499 |  |  | $ | 497 | 
|                       |  | Mukhtiar Singh ##                 |  | Term Loan                                          |  |                 | 11/22/11 |  |              |  | 11/22/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 499 |  |  | $ | 497 | 
|                       |  | Frands Fequiere ##                |  | Term Loan                                          |  |                 | 01/03/13 |  |              |  | 01/03/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 510       |  |  | $ | 495 |  |  | $ | 494 | 
|                       |  | Harold Torres ##                  |  | Term Loan                                          |  |                 | 02/12/13 |  |              |  | 02/12/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 505       |  |  | $ | 494 |  |  | $ | 494 | 
|                       |  | Romain Eustache ##                |  | Term Loan                                          |  |                 | 02/26/13 |  |              |  | 02/26/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 500       |  |  | $ | 492 |  |  | $ | 492 | 
|                       |  | Chuhar Singh ##                   |  | Term Loan                                          |  |                 | 06/06/13 |  |              |  | 06/06/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.38                                 | % |  |           |  | $ | 500       |  |  | $ | 488 |  |  | $ | 492 | 
|                       |  | Joseph Jean ##                    |  | Term Loan                                          |  |                 | 03/14/12 |  |              |  | 03/14/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 490 |  |  | $ | 490 | 
|                       |  | Gustavo E Cabrejos ##             |  | Term Loan                                          |  |                 | 10/15/12 |  |              |  | 10/15/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  |   |           |  |  | $ | 490 |  |  | $ | 488 | 
|                       |  | Malkiat S Multani                 |  | Term Loan                                          |  |                 | 06/01/11 |  |              |  | 06/07/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  |   |           |  |  | $ | 487 |  |  | $ | 487 | 
|                       |  | Abdullah Zivali ##                |  | Term Loan                                          |  |                 | 03/22/13 |  |              |  | 03/22/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 500       |  |  | $ | 484 |  |  | $ | 485 | 
|                       |  | Momar Diagne ##                   |  | Term Loan                                          |  |                 | 04/30/13 |  |              |  | 04/30/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 482       |  |  | $ | 476 |  |  | $ | 476 | 
|                       |  | Shubal C Ghose ##                 |  | Term Loan                                          |  |                 | 12/18/12 |  |              |  | 12/18/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 470 |  |  | $ | 469 | 
|                       |  | Mohammad Azhar ##                 |  | Term Loan                                          |  |                 | 06/01/12 |  |              |  | 06/01/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 464 |  |  | $ | 463 | 
|                       |  | Kang & Dhillon Taxi Inc ##        |  | Term Loan                                          |  |                 | 12/03/10 |  |              |  | 07/07/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 463 |  |  | $ | 461 | 
|                       |  | Ny Berts Cab Corp ##              |  | Term Loan                                          |  |                 | 07/02/13 |  |              |  | 07/02/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  | $ | 470       |  |  | $ | 458 |  |  | $ | 460 | 
|                       |  | Jasvir Singh                      |  | Term Loan                                          |  |                 | 11/27/12 |  |              |  | 11/27/22 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  |   |           |  |  | $ | 456 |  |  | $ | 460 | 
|                       |  | Anba Taxi Inc ##                  |  | Term Loan                                          |  |                 | 06/21/11 |  |              |  | 06/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 458 |  |  | $ | 457 | 
|                       |  | Corsi Cab Corp ##                 |  | Term Loan                                          |  |                 | 06/21/11 |  |              |  | 06/21/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 458 |  |  | $ | 457 | 
|                       |  | Santokh Bangay ##                 |  | Term Loan                                          |  |                 | 12/10/12 |  |              |  | 12/10/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 457 |  |  | $ | 456 | 
|                       |  | Lelio Bresier & Jeanne Bresier ## |  | Term Loan                                          |  |                 | 03/06/13 |  |              |  | 03/06/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 460       |  |  | $ | 451 |  |  | $ | 452 | 
|                       |  | W.B.L.S Taxi Inc                  |  | Term Loan                                          |  |                 | 08/09/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 450 |  |  | $ | 451 | 
|                       |  | David Mashkabov ##                |  | Term Loan                                          |  |                 | 10/26/11 |  |              |  | 10/24/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 440 |  |  | $ | 438 | 
|                       |  | Dady Hamel ##                     |  | Term Loan                                          |  |                 | 12/26/13 |  |              |  | 12/26/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 435       |  |  | $ | 435 |  |  | $ | 435 | 
|                       |  | Gonel Seraphin & Evelyne Serap ## |  | Term Loan                                          |  |                 | 12/09/11 |  |              |  | 12/09/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  |   |           |  |  | $ | 430 |  |  | $ | 428 | 
|                       |  | Saba Moshe Taxi Inc ##            |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 422 |  |  | $ | 423 | 
|                       |  | Mtr Taxi Inc ##                   |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 422 |  |  | $ | 423 | 
|                       |  | Maya Taxi Inc ##                  |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 422 |  |  | $ | 423 | 
|                       |  | M&J Taxi Inc ##                   |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 422 |  |  | $ | 423 | 
|                       |  | Neomi & Z Taxi Inc ##             |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 422 |  |  | $ | 423 | 
|                       |  | Eduard Neyman                     |  | Term Loan                                          |  |                 | 05/24/13 |  |              |  | 05/24/20 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 430       |  |  | $ | 419 |  |  | $ | 421 | 
|                       |  | Pierre Jeune ##                   |  | Term Loan                                          |  |                 | 12/14/12 |  |              |  | 12/14/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 419 |  |  | $ | 421 | 
|                       |  | Carlot Dalce ##                   |  | Term Loan                                          |  |                 | 07/09/13 |  |              |  | 07/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  | $ | 425       |  |  | $ | 420 |  |  | $ | 420 | 
|                       |  | Jacob Kuruvilla ##                |  | Term Loan                                          |  |                 | 11/11/09 |  |              |  | 12/05/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 421 |  |  | $ | 419 | 
|                       |  | Rahul Amin ##                     |  | Term Loan                                          |  |                 | 08/26/13 |  |              |  | 08/26/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 420       |  |  | $ | 418 |  |  | $ | 418 | 
|                       |  | Daca Taxi Inc ##                  |  | Term Loan                                          |  |                 | 06/02/11 |  |              |  | 06/02/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  |   |           |  |  | $ | 413 |  |  | $ | 411 | 
|                       |  | King D Taxi Inc ##              |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 411 |  |  | $ | 410 | 
|                       |  | Nautilus Service Cor ##           |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 411 |  |  | $ | 410 | 
|                       |  | Run Service Corp ##               |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 411 |  |  | $ | 410 | 
|                       |  | Crossbow Taxi Inc ##              |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 411 |  |  | $ | 410 | 
|                       |  | Petia Cab Corporation ##          |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 411 |  |  | $ | 410 | 
|                       |  | King Verin Taxi Inc ##            |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 411 |  |  | $ | 410 | 
|                       |  | Cleopatra Cab Corp ##             |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 411 |  |  | $ | 410 | 
|                       |  | Pierre Cadet ##                   |  | Term Loan                                          |  |                 | 03/19/13 |  |              |  | 03/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.30                                 | % |  |           |  | $ | 410       |  |  | $ | 402 |  |  | $ | 403 | 
|                       |  | Verity Taxi Inc ##                |  | Term Loan                                          |  |                 | 02/08/13 |  |              |  | 02/08/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.60                                 | % |  |           |  | $ | 400       |  |  | $ | 400 |  |  | $ | 403 | 
|                       |  | Luis E Perez ##                   |  | Term Loan                                          |  |                 | 01/17/13 |  |              |  | 01/17/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 410       |  |  | $ | 401 |  |  | $ | 401 | 
|                       |  | Y Joey Taxi Inc ##                |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 400 |  |  | $ | 401 | 
|                       |  | Essa & Soliman Transit Inc ##     |  | Term Loan                                          |  |                 | 04/19/13 |  |              |  | 04/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  | $ | 414       |  |  | $ | 398 |  |  | $ | 398 | 
|                       |  | Bucur Express Cab Corp ##         |  | Term Loan                                          |  |                 | 06/02/11 |  |              |  | 06/02/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.90                                 | % |  |           |  |   |           |  |  | $ | 397 |  |  | $ | 396 | 
|                       |  | Anthony Okyere Duah ##            |  | Term Loan                                          |  |                 | 06/10/11 |  |              |  | 06/10/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  |   |           |  |  | $ | 386 |  |  | $ | 385 | 
|                       |  | Shah M Rahman ##                  |  | Term Loan                                          |  |                 | 11/25/13 |  |              |  | 11/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 385       |  |  | $ | 384 |  |  | $ | 385 | 
|                       |  | Surjit Singh ##                   |  | Term Loan                                          |  |                 | 10/25/13 |  |              |  | 10/25/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.80                                 | % |  |           |  | $ | 385       |  |  | $ | 382 |  |  | $ | 384 | 
|                       |  | Serge Bonny ##                    |  | Term Loan                                          |  |                 | 03/11/13 |  |              |  | 03/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  | $ | 385       |  |  | $ | 378 |  |  | $ | 378 | 
|                       |  | Double Cab Corp ##                |  | Term Loan                                          |  |                 | 07/13/12 |  |              |  | 07/13/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 367 |  |  | $ | 368 | 
|                       |  | Tarafdar Abul & Tarafdar Luthf    |  | Term Loan                                          |  |                 | 08/13/10 |  |              |  | 08/13/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.00                                 | % |  |           |  |   |           |  |  | $ | 365 |  |  | $ | 365 | 
|                       |  | Malkit Singh ##                   |  | Term Loan                                          |  |                 | 08/01/12 |  |              |  | 08/01/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 349 |  |  | $ | 349 | 
|                       |  | Nour-Ditmars Zamalek Corp ##      |  | Term Loan                                          |  |                 | 04/01/11 |  |              |  | 04/01/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.90                                 | % |  |           |  |   |           |  |  | $ | 349 |  |  | $ | 348 | 
|                       |  | Elsayed A Hassan ##               |  | Term Loan                                          |  |                 | 11/28/11 |  |              |  | 11/28/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  |   |           |  |  | $ | 342 |  |  | $ | 341 | 
|                       |  | Yberto Santana ##                 |  | Term Loan                                          |  |                 | 09/05/12 |  |              |  | 09/05/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  |   |           |  |  | $ | 341 |  |  | $ | 341 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                     |  |                                      |   |  |           |  |   |           |  |  |   |     |  |  |   |     | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ------------------- |  | ------------------------------------ | - |  | --------- |  | - | --------- |  |  | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | CapitalizedInterest |  | OriginalCost 
of2013Acquisitions (5) |   |  | Cost 
(4) |  |   | FairValue | 
|                       |  | Rehmet Khan ##                    |  | Term Loan                                          |  |                 | 02/11/13 |  |              |  | 02/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 351       |  |  | $ | 326 |  |  | $ | 327 | 
|                       |  | Bj Cab Corp/Note 1 Of 2           |  | Term Loan                                          |  |                 | 06/12/13 |  |              |  | 06/12/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 325       |  |  | $ | 321 |  |  | $ | 326 | 
|                       |  | Bj Cab Corp/Note 2 Of 2           |  | Term Loan                                          |  |                 | 06/12/13 |  |              |  | 06/12/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.63                                 | % |  |           |  | $ | 325       |  |  | $ | 321 |  |  | $ | 323 | 
|                       |  | Georges Desrosiers ##             |  | Term Loan                                          |  |                 | 06/26/12 |  |              |  | 06/26/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  |   |           |  |  | $ | 319 |  |  | $ | 319 | 
|                       |  | Jened Cab Corp ##                 |  | Term Loan                                          |  |                 | 03/13/12 |  |              |  | 01/13/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  |   |           |  |  | $ | 312 |  |  | $ | 312 | 
|                       |  | Zorro Taxi Inc                    |  | Term Loan                                          |  |                 | 12/20/13 |  |              |  | 12/20/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  | $ | 309       |  |  | $ | 309 |  |  | $ | 311 | 
|                       |  | Jean B Guerrier ##                |  | Term Loan                                          |  |                 | 08/08/12 |  |              |  | 08/08/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 306 |  |  | $ | 307 | 
|                       |  | Medora Moreira &Juan Mendoza ##   |  | Term Loan                                          |  |                 | 02/18/11 |  |              |  | 02/18/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  |   |           |  |  | $ | 308 |  |  | $ | 306 | 
|                       |  | Kornos Taxi Inc ##                |  | Term Loan                                          |  |                 | 09/04/12 |  |              |  | 09/04/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 292 |  |  | $ | 292 | 
|                       |  | Platform Taxi Service/Mbank       |  | Term Loan                                          |  |                 | 05/04/12 |  |              |  | 05/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.57                                 | % |  |           |  |   |           |  |  | $ | 287 |  |  | $ | 287 | 
|                       |  | Mohammmed H Iqbal ##              |  | Term Loan                                          |  |                 | 09/14/12 |  |              |  | 09/14/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 283 |  |  | $ | 283 | 
|                       |  | Chaim Tepper ##                   |  | Term Loan                                          |  |                 | 02/10/11 |  |              |  | 02/10/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  |   |           |  |  | $ | 283 |  |  | $ | 282 | 
|                       |  | Joubert Toussaint ##              |  | Term Loan                                          |  |                 | 09/21/12 |  |              |  | 09/21/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 277 |  |  | $ | 277 | 
|                       |  | Tarek Elsaid ##                   |  | Term Loan                                          |  |                 | 05/27/11 |  |              |  | 04/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 252 |  |  | $ | 251 | 
|                       |  | Kesef Taxi Inc/Mbank              |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 251 |  |  | $ | 251 | 
|                       |  | Daniel Victor ##                  |  | Term Loan                                          |  |                 | 05/06/13 |  |              |  | 05/06/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 235       |  |  | $ | 231 |  |  | $ | 231 | 
|                       |  | Ede Service Corp                  |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.81                                 | % |  |           |  |   |           |  |  | $ | 210 |  |  | $ | 210 | 
|                       |  | Lissade Aurelus ##                |  | Term Loan                                          |  |                 | 05/01/13 |  |              |  | 05/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 211       |  |  | $ | 208 |  |  | $ | 208 | 
|                       |  | Mohammad Ashraf Ali ##            |  | Term Loan                                          |  |                 | 01/17/12 |  |              |  | 01/09/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  |   |           |  |  | $ | 199 |  |  | $ | 199 | 
|                       |  | Roman Fermin ##                   |  | Term Loan                                          |  |                 | 08/09/13 |  |              |  | 08/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 200       |  |  | $ | 193 |  |  | $ | 194 | 
|                       |  | Wan Sang Lau & Mary Quan Lau ##   |  | Term Loan                                          |  |                 | 03/20/13 |  |              |  | 03/20/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  | $ | 204       |  |  | $ | 193 |  |  | $ | 193 | 
|                       |  | Frank Nobile ##                   |  | Term Loan                                          |  |                 | 11/26/12 |  |              |  | 11/26/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 190 |  |  | $ | 192 | 
|                       |  | Ali Akbar ##                      |  | Term Loan                                          |  |                 | 03/04/10 |  |              |  | 10/11/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  |   |           |  |  | $ | 190 |  |  | $ | 189 | 
|                       |  | Bella Hacking Corp                |  | Term Loan                                          |  |                 | 06/25/04 |  |              |  | 06/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                 | % |  |           |  |   |           |  |  | $ | 190 |  |  | $ | 189 | 
|                       |  | Jackie L Chaiken & Michael Cha ## |  | Term Loan                                          |  |                 | 03/26/13 |  |              |  | 03/26/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.50                                 | % |  |           |  | $ | 185       |  |  | $ | 185 |  |  | $ | 187 | 
|                       |  | Gasless Transit LLC/Bnote         |  | Term Loan                                          |  |                 | 10/23/06 |  |              |  | 10/23/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.67                                 | % |  |           |  |   |           |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  | Electron Transit LLC/B Note       |  | Term Loan                                          |  |                 | 10/23/06 |  |              |  | 10/23/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.67                                 | % |  |           |  |   |           |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  | Fusion Transit LLC/B Note         |  | Term Loan                                          |  |                 | 10/23/06 |  |              |  | 10/23/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.67                                 | % |  |           |  |   |           |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  | Atom Transit LLC/B Note           |  | Term Loan                                          |  |                 | 11/03/06 |  |              |  | 11/03/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  | Duracell Transit LLC/B Note       |  | Term Loan                                          |  |                 | 11/03/06 |  |              |  | 11/03/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 175 |  |  | $ | 175 | 
|                       |  | Abdul H Abid ##                   |  | Term Loan                                          |  |                 | 06/09/09 |  |              |  | 06/09/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.38                                 | % |  |           |  |   |           |  |  | $ | 173 |  |  | $ | 172 | 
|                       |  | Ede Service Corp/Mfun             |  | Term Loan                                          |  |                 | 07/24/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.81                                 | % |  |           |  |   |           |  |  | $ | 151 |  |  | $ | 151 | 
|                       |  | Nicolae Blidariu                  |  | Term Loan                                          |  |                 | 02/29/08 |  |              |  | 02/28/23 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.50                                 | % |  |           |  |   |           |  |  | $ | 146 |  |  | $ | 147 | 
|                       |  | Yosi Transit Inc                  |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.81                                 | % |  |           |  |   |           |  |  | $ | 140 |  |  | $ | 140 | 
|                       |  | Ny Diploma Taxi Co                |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.81                                 | % |  |           |  |   |           |  |  | $ | 140 |  |  | $ | 140 | 
|                       |  | Joseph Bologna ##                 |  | Term Loan                                          |  |                 | 10/06/10 |  |              |  | 10/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  |   |           |  |  | $ | 140 |  |  | $ | 139 | 
|                       |  | Mode Service Corp                 |  | Term Loan                                          |  |                 | 06/02/11 |  |              |  | 06/01/21 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                 | % |  |           |  |   |           |  |  | $ | 139 |  |  | $ | 138 | 
|                       |  | Anastasios Tsiklidis              |  | Term Loan                                          |  |                 | 04/15/11 |  |              |  | 01/15/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.60                                 | % |  |           |  |   |           |  |  | $ | 114 |  |  | $ | 116 | 
|                       |  | Norberto Cardona ##               |  | Term Loan                                          |  |                 | 03/30/12 |  |              |  | 03/30/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  |   |           |  |  | $ | 110 |  |  | $ | 111 | 
|                       |  | Wilfrid Barreau                   |  | Term Loan                                          |  |                 | 12/29/09 |  |              |  | 12/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                 | % |  |           |  |   |           |  |  | $ | 102 |  |  | $ | 102 | 
|                       |  | Ny Diploma Taxi Corp/Mfun         |  | Term Loan                                          |  |                 | 07/24/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.81                                 | % |  |           |  |   |           |  |  | $ | 101 |  |  | $ | 101 | 
|                       |  | Boris Ushman ##                   |  | Term Loan                                          |  |                 | 05/21/03 |  |              |  | 04/13/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                 | % |  |           |  |   |           |  |  | $ | 89  |  |  | $ | 89  | 
|                       |  | Kinetic Transit LLC/B Note        |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Mixfuel Transit LLCb Note         |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Lowvolt Transit LLC               |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Juiced Transit LLC/B Note         |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Isotope Transit LLC/B Note        |  | Term Loan                                          |  |                 | 10/31/06 |  |              |  | 10/31/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Proton Transit LLC/B Note         |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Neutron Transit LLC/B Note        |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Quark Transit LLC/B Note          |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Rechargeable Transit LLC/Bnote    |  | Term Loan                                          |  |                 | 10/16/06 |  |              |  | 10/16/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.00                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | Hybrid Transit LLC/B Note         |  | Term Loan                                          |  |                 | 10/23/06 |  |              |  | 10/23/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.67                                 | % |  |           |  |   |           |  |  | $ | 85  |  |  | $ | 85  | 
|                       |  | William G Ward ##                 |  | Term Loan                                          |  |                 | 04/29/13 |  |              |  | 04/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.25                                 | % |  |           |  | $ | 86        |  |  | $ | 81  |  |  | $ | 81  | 
|                       |  | Bu Taxi LLC/Mbank                 |  | Term Loan                                          |  |                 | 12/29/10 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 75  |  |  | $ | 75  | 
|                       |  | Calcium One Service Inc           |  | Term Loan                                          |  |                 | 02/23/07 |  |              |  | 02/23/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.22                                 | % |  |           |  |   |           |  |  | $ | 71  |  |  | $ | 71  | 
|                       |  | Ede Service Corp                  |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.81                                 | % |  |           |  |   |           |  |  | $ | 69  |  |  | $ | 69  | 
|                       |  | Ruckman Hacking Corp              |  | Term Loan                                          |  |                 | 08/30/13 |  |              |  | 02/22/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.80                                 | % |  |           |  | $ | 1,200     |  |  | $ | 60  |  |  | $ | 62  | 
|                       |  | Sonnet Service Co Inc             |  | Term Loan                                          |  |                 | 08/30/13 |  |              |  | 02/22/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.80                                 | % |  |           |  | $ | 1,200     |  |  | $ | 60  |  |  | $ | 62  | 
|                       |  | Y Mommy Taxi Inc/Mbank            |  | Term Loan                                          |  |                 | 12/23/10 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.10                                 | % |  |           |  |   |           |  |  | $ | 60  |  |  | $ | 60  | 
|                       |  | Sushil Maggoo                     |  | Term Loan                                          |  |                 | 06/27/13 |  |              |  | 06/27/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 65        |  |  | $ | 58  |  |  | $ | 60  | 
|                       |  | Kaderee M & G Corp                |  | Term Loan                                          |  |                 | 06/28/13 |  |              |  | 06/28/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.90                                 | % |  |           |  | $ | 1,158     |  |  | $ | 58  |  |  | $ | 60  | 
|                       |  | Soho Cab Corp                     |  | Term Loan                                          |  |                 | 06/28/13 |  |              |  | 06/28/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.90                                 | % |  |           |  | $ | 1,158     |  |  | $ | 58  |  |  | $ | 60  | 
|                       |  | Goodspeed Transit Inc             |  | Term Loan                                          |  |                 | 08/14/13 |  |              |  | 08/14/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 2.80                                 | % |  |           |  | $ | 1,142     |  |  | $ | 57  |  |  | $ | 59  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |    |   |                     |  |       |                                      |  |   |           |  |  |           |        |  |  |   |        |  |  |   |        | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | -- | - | ------------------- |  | ----- | ------------------------------------ |  | - | --------- |  |  | --------- | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |    |   | CapitalizedInterest |  |       | OriginalCost 
of2013Acquisitions (5) |  |   | Cost 
(4) |  |  | FairValue |       
|                       |  | Granny Hacking Corp               |  | Term Loan                                          |  |                 | 03/07/13 |  |              |  | 03/07/18 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50  | %                                    |  |   |           |  |  | $         | 1,050  |  |  | $ | 54     |  |  | $ | 59     | 
|                       |  | Appoint Cab Corp/Mbank            |  | Term Loan                                          |  |                 | 12/06/10 |  |              |  | 04/06/14 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 7.96  | %                                    |  |   |           |  |  |           |        |  |  | $ | 57     |  |  | $ | 57     | 
|                       |  | Composite Transit LLC             |  | Term Loan                                          |  |                 | 11/03/06 |  |              |  | 11/03/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 56     |  |  | $ | 56     | 
|                       |  | Blend Transit LLC/B Note          |  | Term Loan                                          |  |                 | 11/03/06 |  |              |  | 11/03/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 56     |  |  | $ | 56     | 
|                       |  | Cora Hacking Corp                 |  | Term Loan                                          |  |                 | 03/07/13 |  |              |  | 03/07/18 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.50  | %                                    |  |   |           |  |  | $         | 1,050  |  |  | $ | 54     |  |  | $ | 56     | 
|                       |  | Y Daddy Taxi Inc/Mbank            |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 55     |  |  | $ | 55     | 
|                       |  | Network Agami Cab Corp            |  | Term Loan                                          |  |                 | 02/27/13 |  |              |  | 02/27/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.00  | %                                    |  |   |           |  |  | $         | 1,000  |  |  | $ | 50     |  |  | $ | 52     | 
|                       |  | Calcium One Service Inc           |  | Term Loan                                          |  |                 | 02/23/07 |  |              |  | 02/23/17 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.22  | %                                    |  |   |           |  |  |           |        |  |  | $ | 49     |  |  | $ | 49     | 
|                       |  | Orbit Agami Cab LLC               |  | Term Loan                                          |  |                 | 11/05/10 |  |              |  | 10/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.88  | %                                    |  |   |           |  |  |           |        |  |  | $ | 48     |  |  | $ | 48     | 
|                       |  | Justin Hacking Corp               |  | Term Loan                                          |  |                 | 08/14/13 |  |              |  | 08/14/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.80  | %                                    |  |   |           |  |  | $         | 894    |  |  | $ | 45     |  |  | $ | 47     | 
|                       |  | Ny Diploma Taxi Co                |  | Term Loan                                          |  |                 | 07/20/07 |  |              |  | 07/20/17 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.81  | %                                    |  |   |           |  |  |           |        |  |  | $ | 46     |  |  | $ | 46     | 
|                       |  | Samiullah Zaman                   |  | Term Loan                                          |  |                 | 12/02/13 |  |              |  | 12/02/17 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.50  | %                                    |  |   |           |  |  | $         | 43     |  |  | $ | 42     |  |  | $ | 44     | 
|                       |  | Eddy Joseph                       |  | Term Loan                                          |  |                 | 12/20/00 |  |              |  | 12/02/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 42     |  |  | $ | 42     | 
|                       |  | Bursa Cab Corp/Note 1             |  | Term Loan                                          |  |                 | 03/23/01 |  |              |  | 09/10/23 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 41     |  |  | $ | 41     | 
|                       |  | Nosea Taxi LLC                    |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 38     |  |  | $ | 39     | 
|                       |  | Y.A.M. Associates Corp            |  | Term Loan                                          |  |                 | 10/18/11 |  |              |  | 04/18/14 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 38     |  |  | $ | 38     | 
|                       |  | Zahav Taxi LLC/Mbank              |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 38     |  |  | $ | 38     | 
|                       |  | Bursa Cab Corp/Note 2             |  | Term Loan                                          |  |                 | 03/23/01 |  |              |  | 09/10/23 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 33     |  |  | $ | 33     | 
|                       |  | Yme Transit Inc                   |  | Term Loan                                          |  |                 | 08/14/13 |  |              |  | 08/14/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.80  | %                                    |  |   |           |  |  | $         | 619    |  |  | $ | 31     |  |  | $ | 33     | 
|                       |  | Y Mike Taxi Inc                   |  | Term Loan                                          |  |                 | 01/06/11 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 30     |  |  | $ | 31     | 
|                       |  | Y Meir Taxi Inc/Mbnk              |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 30     |  |  | $ | 30     | 
|                       |  | Y Michal Taxi Inc/Mbnk            |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 30     |  |  | $ | 30     | 
|                       |  | S&M Taxi Inc/Mbank                |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 30     |  |  | $ | 30     | 
|                       |  | N&A Taxi Inc/Mbank                |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 30     |  |  | $ | 30     | 
|                       |  | Y Mati Taxi Inc/Mbnk              |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 30     |  |  | $ | 30     | 
|                       |  | M.M.Y Taxi Inc                    |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 30     |  |  | $ | 30     | 
|                       |  | Fido Cab Corp                     |  | Term Loan                                          |  |                 | 08/14/13 |  |              |  | 08/14/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.80  | %                                    |  |   |           |  |  | $         | 524    |  |  | $ | 26     |  |  | $ | 28     | 
|                       |  | Barth Taxi LLC/Mbank              |  | Term Loan                                          |  |                 | 11/24/10 |  |              |  | 11/20/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.63  | %                                    |  |   |           |  |  |           |        |  |  | $ | 25     |  |  | $ | 25     | 
|                       |  | Brandon Taxi LLC/Mbank            |  | Term Loan                                          |  |                 | 11/24/10 |  |              |  | 11/20/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.63  | %                                    |  |   |           |  |  |           |        |  |  | $ | 25     |  |  | $ | 25     | 
|                       |  | Mohammed Abdu & H Hedru/Mbank     |  | Term Loan                                          |  |                 | 08/11/06 |  |              |  | 02/05/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.71  | %                                    |  |   |           |  |  |           |        |  |  | $ | 22     |  |  | $ | 22     | 
|                       |  | Yegal Express Cab Co/Mbank        |  | Term Loan                                          |  |                 | 11/10/10 |  |              |  | 08/28/20 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.38  | %                                    |  |   |           |  |  |           |        |  |  | $ | 22     |  |  | $ | 22     | 
|                       |  | Opera Taxi Inc/Mbank              |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 21     |  |  | $ | 21     | 
|                       |  | Ronen Taxi Inc/Mbank              |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 21     |  |  | $ | 21     | 
|                       |  | Mry Taxi Inc/Mbank                |  | Term Loan                                          |  |                 | 07/16/12 |  |              |  | 11/01/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.10  | %                                    |  |   |           |  |  |           |        |  |  | $ | 21     |  |  | $ | 21     | 
|                       |  | Harold Torres ##                  |  | Term Loan                                          |  |                 | 10/01/13 |  |              |  | 11/01/17 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.00  | %                                    |  |   |           |  |  | $         | 20     |  |  | $ | 19     |  |  | $ | 21     | 
|                       |  | Vosiem Hacking Corp               |  | Term Loan                                          |  |                 | 08/14/13 |  |              |  | 08/14/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 2.80  | %                                    |  |   |           |  |  | $         | 343    |  |  | $ | 17     |  |  | $ | 19     | 
|                       |  | Sonia M Trivino                   |  | Term Loan                                          |  |                 | 02/22/12 |  |              |  | 02/22/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 10.00 | %                                    |  |   |           |  |  |           |        |  |  | $ | 13     |  |  | $ | 14     | 
|                       |  | Nestor R Trivino                  |  | Term Loan                                          |  |                 | 02/22/12 |  |              |  | 02/22/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 10.00 | %                                    |  |   |           |  |  |           |        |  |  | $ | 13     |  |  | $ | 14     | 
|                       |  | Jean M Venord/Mbank               |  | Term Loan                                          |  |                 | 02/11/10 |  |              |  | 04/10/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.38  | %                                    |  |   |           |  |  |           |        |  |  | $ | 13     |  |  | $ | 13     | 
|                       |  | Y.A.M. Associates Corp            |  | Term Loan                                          |  |                 | 04/30/13 |  |              |  | 10/24/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.25  | %                                    |  |   |           |  |  | $         | 15     |  |  | $ | 11     |  |  | $ | 13     | 
|                       |  | Guy Fouyolle ##                   |  | Term Loan                                          |  |                 | 08/18/11 |  |              |  | 08/18/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.75  | %                                    |  |   |           |  |  |           |        |  |  | $ | 10     |  |  | $ | 10     | 
|                       |  | Y.A.M. Associates Corp            |  | Term Loan                                          |  |                 | 11/14/11 |  |              |  | 05/14/14 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 6.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 6      |  |  | $ | 6      | 
|                       |  | Joubert Toussaint/B Note          |  | Term Loan                                          |  |                 | 03/04/13 |  |              |  | 09/04/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.00  | %                                    |  |   |           |  |  | $         | 5      |  |  | $ | 4      |  |  | $ | 6      | 
|                       |  | Two Filoi Taxi Inc                |  | Term Loan                                          |  |                 | 01/15/04 |  |              |  | 01/15/14 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.75  | %                                    |  |   |           |  |  |           |        |  |  | $ | 4      |  |  | $ | 4      | 
|                       |  | Jorge R Sahad/Mbank               |  | Term Loan                                          |  |                 | 04/27/10 |  |              |  | 02/03/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 8.83  | %                                    |  |   |           |  |  |           |        |  |  | $ | 4      |  |  | $ | 4      | 
|Chicago                |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  | 111           |  |  |                  | 15 | % |                     |  | 4.94  | %                                    |  | $ | 0         |  |  | $         | 32,540 |  |  | $ | 42,175 |  |  | $ | 42,239 | 
|                       |  | Sweetgrass Peach &Chadwick Cap ## |  | Term Loan                                          |  |                 | 08/28/12 |  |              |  | 08/28/15 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 5.50  | %                                    |  |   |           |  |  |           |        |  |  | $ | 1,696  |  |  | $ | 1,689  | 
|                       |  | Regal Cab Company Et Al ##        |  | Term Loan                                          |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 5.00  | %                                    |  |   |           |  |  | $         | 1,400  |  |  | $ | 1,395  |  |  | $ | 1,391  | 
|                       |  | Chicago Medallion Nine LLC ##     |  | Term Loan                                          |  |                 | 05/02/12 |  |              |  | 05/02/17 |               |  |  | 1             |  |  |                  | 1  | % |                     |  | 5.75  | %                                    |  |   |           |  |  |           |        |  |  | $ | 1,373  |  |  | $ | 1,368  | 
|                       |  | Lucky Seven Chicago One Inc ##    |  | Term Loan                                          |  |                 | 07/19/12 |  |              |  | 07/19/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.88  | %                                    |  |   |           |  |  |           |        |  |  | $ | 1,252  |  |  | $ | 1,248  | 
|                       |  | Blue Eyes Cab Corp ##             |  | Term Loan                                          |  |                 | 07/19/12 |  |              |  | 07/19/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.88  | %                                    |  |   |           |  |  |           |        |  |  | $ | 1,252  |  |  | $ | 1,247  | 
|                       |  | Oia Cab Corp ##                   |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.75  | %                                    |  |   |           |  |  | $         | 1,050  |  |  | $ | 1,035  |  |  | $ | 1,036  | 
|                       |  | Michael Two Cab Corp ##           |  | Term Loan                                          |  |                 | 07/12/12 |  |              |  | 04/25/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.50  | %                                    |  |   |           |  |  |           |        |  |  | $ | 1,037  |  |  | $ | 1,033  | 
|                       |  | Johns Cabs Corp ##                |  | Term Loan                                          |  |                 | 04/12/12 |  |              |  | 04/12/15 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.00  | %                                    |  |   |           |  |  |           |        |  |  | $ | 1,014  |  |  | $ | 1,010  | 
|                       |  | Harriet C Inc ##                  |  | Term Loan                                          |  |                 | 10/19/12 |  |              |  | 10/19/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.25  | %                                    |  |   |           |  |  |           |        |  |  | $ | 918    |  |  | $ | 915    | 
|                       |  | Chicago Medallion Two LLC ##      |  | Term Loan                                          |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.75  | %                                    |  |   |           |  |  |           |        |  |  | $ | 885    |  |  | $ | 882    | 
|                       |  | Chicago Medallion Three LLC ##    |  | Term Loan                                          |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.75  | %                                    |  |   |           |  |  |           |        |  |  | $ | 885    |  |  | $ | 882    | 
|                       |  | Chicago Medallion Four LLC ##     |  | Term Loan                                          |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.75  | %                                    |  |   |           |  |  |           |        |  |  | $ | 885    |  |  | $ | 882    | 
|                       |  | Chicago Medallion One LLC ##      |  | Term Loan                                          |  |                 | 12/02/11 |  |              |  | 12/02/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 5.75  | %                                    |  |   |           |  |  |           |        |  |  | $ | 885    |  |  | $ | 882    | 
|                       |  | Lmb Taxi V Inc ##                 |  | Term Loan                                          |  |                 | 07/12/12 |  |              |  | 04/25/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.50  | %                                    |  |   |           |  |  |           |        |  |  | $ | 865    |  |  | $ | 862    | 
|                       |  | Lmb Taxi Iv Inc ##                |  | Term Loan                                          |  |                 | 07/12/12 |  |              |  | 04/25/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 4.50  | %                                    |  |   |           |  |  |           |        |  |  | $ | 865    |  |  | $ | 862    | 
|                       |  | Santorini Four Cab Corp ##        |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | *  |   |                     |  | 3.75  | %                                    |  |   |           |  |  | $         | 840    |  |  | $ | 828    |  |  | $ | 829    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                     |  |                                      |   |  |           |  |   |           |  |  |   |     |  |  |   |     | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ------------------- |  | ------------------------------------ | - |  | --------- |  | - | --------- |  |  | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | CapitalizedInterest |  | OriginalCost 
of2013Acquisitions (5) |   |  | Cost 
(4) |  |   | FairValue | 
|                       |  | Santorini Five Cab Corp ##        |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 840       |  |  | $ | 828 |  |  | $ | 829 | 
|                       |  | Santorini Six Cab Corp ##         |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 840       |  |  | $ | 828 |  |  | $ | 829 | 
|                       |  | Tribeca Two Cab Corp ##           |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 840       |  |  | $ | 828 |  |  | $ | 829 | 
|                       |  | Stny Taxi Corp ##                 |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 3.75                                 | % |  |           |  | $ | 840       |  |  | $ | 828 |  |  | $ | 829 | 
|                       |  | Carol Of Illinois Enterprises ##  |  | Term Loan                                          |  |                 | 03/28/13 |  |              |  | 03/28/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 701       |  |  | $ | 689 |  |  | $ | 688 | 
|                       |  | Chicago Medallion Seven LLC ##    |  | Term Loan                                          |  |                 | 05/02/12 |  |              |  | 05/02/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                 | % |  |           |  |   |           |  |  | $ | 686 |  |  | $ | 684 | 
|                       |  | Coffee Taxi LLC ##                |  | Term Loan                                          |  |                 | 10/10/13 |  |              |  | 10/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 640       |  |  | $ | 638 |  |  | $ | 640 | 
|                       |  | Rahwa & Bros Cab Co, Et Al ##     |  | Term Loan                                          |  |                 | 01/08/13 |  |              |  | 01/08/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 657       |  |  | $ | 640 |  |  | $ | 639 | 
|                       |  | Ray Cab Company ##                |  | Term Loan                                          |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 600       |  |  | $ | 598 |  |  | $ | 600 | 
|                       |  | Met Cab Co ##                     |  | Term Loan                                          |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 600       |  |  | $ | 598 |  |  | $ | 600 | 
|                       |  | N And M Valdof Hacking Corp       |  | Term Loan                                          |  |                 | 05/01/13 |  |              |  | 05/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  | $ | 569       |  |  | $ | 560 |  |  | $ | 561 | 
|                       |  | Mikhalia Cabs Nine Inc ##         |  | Term Loan                                          |  |                 | 07/12/12 |  |              |  | 04/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 519 |  |  | $ | 518 | 
|                       |  | Kayla Hacking Corp ##             |  | Term Loan                                          |  |                 | 07/12/12 |  |              |  | 04/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  |   |           |  |  | $ | 519 |  |  | $ | 518 | 
|                       |  | Natasha Transportation Inc        |  | Term Loan                                          |  |                 | 05/01/13 |  |              |  | 05/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  | $ | 515       |  |  | $ | 507 |  |  | $ | 508 | 
|                       |  | Mike Taxi Corp                    |  | Term Loan                                          |  |                 | 05/01/13 |  |              |  | 05/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  | $ | 514       |  |  | $ | 506 |  |  | $ | 507 | 
|                       |  | Natalia Taxi Corp                 |  | Term Loan                                          |  |                 | 05/01/13 |  |              |  | 05/01/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  | $ | 513       |  |  | $ | 505 |  |  | $ | 506 | 
|                       |  | Dell Cab Corp ##                  |  | Term Loan                                          |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 500       |  |  | $ | 498 |  |  | $ | 500 | 
|                       |  | Cozy Cab Co ##                    |  | Term Loan                                          |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 500       |  |  | $ | 498 |  |  | $ | 500 | 
|                       |  | Moo Moo Cab Co ##                 |  | Term Loan                                          |  |                 | 08/14/13 |  |              |  | 08/14/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 480       |  |  | $ | 476 |  |  | $ | 478 | 
|                       |  | Musanour Cab Inc ##               |  | Term Loan                                          |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 480       |  |  | $ | 476 |  |  | $ | 478 | 
|                       |  | Blue Valentine Cab Corp           |  | Term Loan                                          |  |                 | 04/10/13 |  |              |  | 04/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 475       |  |  | $ | 468 |  |  | $ | 469 | 
|                       |  | Tumblin Dice Taxi Inc             |  | Term Loan                                          |  |                 | 04/10/13 |  |              |  | 04/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 475       |  |  | $ | 468 |  |  | $ | 469 | 
|                       |  | Grapevine Taxi LLC ##             |  | Term Loan                                          |  |                 | 10/10/13 |  |              |  | 10/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 320       |  |  | $ | 319 |  |  | $ | 321 | 
|                       |  | Little Wing Cab Corp              |  | Term Loan                                          |  |                 | 04/10/13 |  |              |  | 04/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 319       |  |  | $ | 314 |  |  | $ | 315 | 
|                       |  | American Buffalo Cab Corp         |  | Term Loan                                          |  |                 | 04/10/13 |  |              |  | 04/10/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.00                                 | % |  |           |  | $ | 317       |  |  | $ | 312 |  |  | $ | 313 | 
|                       |  | Dome Cab Corp ##                  |  | Term Loan                                          |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 300       |  |  | $ | 298 |  |  | $ | 300 | 
|                       |  | Valasia Cab Co ##                 |  | Term Loan                                          |  |                 | 01/18/12 |  |              |  | 01/18/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  |   |           |  |  | $ | 268 |  |  | $ | 267 | 
|                       |  | C Dortch Inc ##                   |  | Term Loan                                          |  |                 | 12/04/13 |  |              |  | 12/04/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.25                                 | % |  |           |  | $ | 265       |  |  | $ | 265 |  |  | $ | 267 | 
|                       |  | Taxi For Less Inc                 |  | Term Loan                                          |  |                 | 05/06/13 |  |              |  | 05/06/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 265       |  |  | $ | 262 |  |  | $ | 264 | 
|                       |  | Chicago Seven Inc/Mbnk            |  | Term Loan                                          |  |                 | 07/19/12 |  |              |  | 07/19/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.25                                 | % |  |           |  |   |           |  |  | $ | 255 |  |  | $ | 255 | 
|                       |  | Karbala Express Inc ##            |  | Term Loan                                          |  |                 | 02/26/13 |  |              |  | 02/26/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                 | % |  |           |  | $ | 250       |  |  | $ | 246 |  |  | $ | 246 | 
|                       |  | Taxi For Less Inc ##              |  | Term Loan                                          |  |                 | 09/20/12 |  |              |  | 09/20/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  |   |           |  |  | $ | 244 |  |  | $ | 244 | 
|                       |  | Les & Thera LLC                   |  | Term Loan                                          |  |                 | 05/08/13 |  |              |  | 05/08/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 245       |  |  | $ | 242 |  |  | $ | 244 | 
|                       |  | Zeyrefda Inc ##                   |  | Term Loan                                          |  |                 | 05/17/13 |  |              |  | 05/17/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 245       |  |  | $ | 241 |  |  | $ | 243 | 
|                       |  | Nakfa Corp ##                     |  | Term Loan                                          |  |                 | 06/17/13 |  |              |  | 06/17/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.88                                 | % |  |           |  | $ | 245       |  |  | $ | 241 |  |  | $ | 243 | 
|                       |  | Tekezze Inc                       |  | Term Loan                                          |  |                 | 12/11/13 |  |              |  | 12/11/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 240       |  |  | $ | 240 |  |  | $ | 242 | 
|                       |  | Adom Enterprise, Inc ##           |  | Term Loan                                          |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 240       |  |  | $ | 239 |  |  | $ | 241 | 
|                       |  | Tad Taxi Co ##                    |  | Term Loan                                          |  |                 | 11/13/13 |  |              |  | 11/13/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 240       |  |  | $ | 239 |  |  | $ | 241 | 
|                       |  | Interwoodex Inc ##                |  | Term Loan                                          |  |                 | 11/07/13 |  |              |  | 11/07/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 240       |  |  | $ | 239 |  |  | $ | 241 | 
|                       |  | Shere Corp ##                     |  | Term Loan                                          |  |                 | 07/26/13 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 240       |  |  | $ | 238 |  |  | $ | 240 | 
|                       |  | Tahoora Transportation Inc. ##    |  | Term Loan                                          |  |                 | 07/26/13 |  |              |  | 07/26/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 240       |  |  | $ | 238 |  |  | $ | 240 | 
|                       |  | Aniba Management & Services In ## |  | Term Loan                                          |  |                 | 09/27/13 |  |              |  | 09/27/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 240       |  |  | $ | 238 |  |  | $ | 240 | 
|                       |  | Helen Habte Corp ##               |  | Term Loan                                          |  |                 | 10/01/13 |  |              |  | 10/01/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 240       |  |  | $ | 238 |  |  | $ | 240 | 
|                       |  | Alex Z Cab Corp                   |  | Term Loan                                          |  |                 | 04/22/13 |  |              |  | 04/22/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 240       |  |  | $ | 236 |  |  | $ | 238 | 
|                       |  | Asmara Inc ##                     |  | Term Loan                                          |  |                 | 04/11/13 |  |              |  | 04/11/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 240       |  |  | $ | 236 |  |  | $ | 238 | 
|                       |  | Three Kids Corp                   |  | Term Loan                                          |  |                 | 04/15/13 |  |              |  | 04/15/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 236       |  |  | $ | 232 |  |  | $ | 234 | 
|                       |  | Nike Yomi Inc ##                  |  | Term Loan                                          |  |                 | 08/06/13 |  |              |  | 08/06/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 233       |  |  | $ | 232 |  |  | $ | 234 | 
|                       |  | Nour Enterprise Inc ##            |  | Term Loan                                          |  |                 | 09/16/13 |  |              |  | 09/16/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                 | % |  |           |  | $ | 230       |  |  | $ | 228 |  |  | $ | 230 | 
|                       |  | Yenemekoya Inc ##                 |  | Term Loan                                          |  |                 | 06/28/13 |  |              |  | 06/28/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 225       |  |  | $ | 222 |  |  | $ | 224 | 
|                       |  | Showcase Sports Management Cor ## |  | Term Loan                                          |  |                 | 01/22/10 |  |              |  | 01/11/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  |   |           |  |  | $ | 223 |  |  | $ | 222 | 
|                       |  | Alkarim Chicago Inc ##            |  | Term Loan                                          |  |                 | 11/27/13 |  |              |  | 11/27/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 220       |  |  | $ | 219 |  |  | $ | 221 | 
|                       |  | Rahel Express Inc                 |  | Term Loan                                          |  |                 | 12/27/13 |  |              |  | 12/27/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 205       |  |  | $ | 205 |  |  | $ | 207 | 
|                       |  | Jiffy Cab Co ##                   |  | Term Loan                                          |  |                 | 08/29/13 |  |              |  | 08/29/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                 | % |  |           |  | $ | 200       |  |  | $ | 199 |  |  | $ | 201 | 
|                       |  | Pireas Taxi Corp ##               |  | Term Loan                                          |  |                 | 06/07/13 |  |              |  | 06/07/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                 | % |  |           |  | $ | 200       |  |  | $ | 198 |  |  | $ | 200 | 
|                       |  | Life Cab Corp ##                  |  | Term Loan                                          |  |                 | 09/18/13 |  |              |  | 09/18/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 193       |  |  | $ | 192 |  |  | $ | 194 | 
|                       |  | Kalib 2010 Inc ##                 |  | Term Loan                                          |  |                 | 07/16/13 |  |              |  | 07/16/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 180       |  |  | $ | 178 |  |  | $ | 180 | 
|                       |  | Naneffe Inc ##                    |  | Term Loan                                          |  |                 | 03/15/13 |  |              |  | 03/15/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 177       |  |  | $ | 174 |  |  | $ | 175 | 
|                       |  | Alem B Cab Inc ##                 |  | Term Loan                                          |  |                 | 01/22/13 |  |              |  | 01/22/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  | $ | 177       |  |  | $ | 172 |  |  | $ | 173 | 
|                       |  | Annabelle Cab Corporation ##      |  | Term Loan                                          |  |                 | 07/30/12 |  |              |  | 07/30/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                 | % |  |           |  |   |           |  |  | $ | 172 |  |  | $ | 172 | 
|                       |  | Tedom Inc                         |  | Term Loan                                          |  |                 | 10/29/12 |  |              |  | 10/29/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  |   |           |  |  | $ | 168 |  |  | $ | 170 | 
|                       |  | Adi Express Inc ##                |  | Term Loan                                          |  |                 | 09/21/12 |  |              |  | 09/21/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                 | % |  |           |  |   |           |  |  | $ | 165 |  |  | $ | 166 | 
|                       |  | Wubshet Inc ##                    |  | Term Loan                                          |  |                 | 09/25/13 |  |              |  | 09/25/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                 | % |  |           |  | $ | 160       |  |  | $ | 159 |  |  | $ | 161 | 
|                       |  | Semhar Corp ##                    |  | Term Loan                                          |  |                 | 01/31/12 |  |              |  | 01/31/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                 | % |  |           |  |   |           |  |  | $ | 157 |  |  | $ | 157 | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                     |  |      |                                       |  |   |           |  |  |           |        |  |  |   |        |  |  |   |        | 
|---------------------- |  | --------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ------------------- |  | ---- | ------------------------------------- |  | - | --------- |  |  | --------- | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in thousands) |  | Obligor Name                      |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | CapitalizedInterest |  |      | OriginalCost 
of2013Acquisitions 
(5) |  |   | Cost 
(4) |  |  | FairValue |       
|                       |  | Significant Trans Inc ##          |  | Term Loan                                          |  |                 | 04/06/12 |  |              |  | 04/06/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 156    |  |  | $ | 157    | 
|                       |  | Harris 6741 Inc                   |  | Term Loan                                          |  |                 | 03/02/11 |  |              |  | 03/02/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 145    |  |  | $ | 146    | 
|                       |  | Jpg Cab Corp                      |  | Term Loan                                          |  |                 | 04/23/12 |  |              |  | 04/23/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 143    |  |  | $ | 144    | 
|                       |  | Sabina Cab Inc                    |  | Term Loan                                          |  |                 | 04/19/13 |  |              |  | 04/19/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 140    |  |  | $ | 137    |  |  | $ | 139    | 
|                       |  | Asmara Cab Company ##             |  | Term Loan                                          |  |                 | 12/01/11 |  |              |  | 12/01/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.00 | %                                     |  |   |           |  |  |           |        |  |  | $ | 131    |  |  | $ | 132    | 
|                       |  | Ultra Investment Corp ##          |  | Term Loan                                          |  |                 | 03/22/11 |  |              |  | 03/22/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 127    |  |  | $ | 127    | 
|                       |  | Antar Trans Inc                   |  | Term Loan                                          |  |                 | 04/23/13 |  |              |  | 04/23/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 124    |  |  | $ | 122    |  |  | $ | 124    | 
|                       |  | Delina Cab Inc                    |  | Term Loan                                          |  |                 | 01/22/13 |  |              |  | 01/22/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 125    |  |  | $ | 120    |  |  | $ | 122    | 
|                       |  | Bedford Cab Two Corp              |  | Term Loan                                          |  |                 | 07/30/10 |  |              |  | 03/14/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 117    |  |  | $ | 117    | 
|                       |  | Imc Cab Corp                      |  | Term Loan                                          |  |                 | 08/27/10 |  |              |  | 03/14/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 115    |  |  | $ | 115    | 
|                       |  | Moses J Frank                     |  | Term Loan                                          |  |                 | 04/26/13 |  |              |  | 04/26/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 7.00 | %                                     |  |   |           |  |  | $         | 107    |  |  | $ | 106    |  |  | $ | 108    | 
|                       |  | Yemi Taxi Corp ##                 |  | Term Loan                                          |  |                 | 08/01/13 |  |              |  | 08/01/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 100    |  |  | $ | 98     |  |  | $ | 100    | 
|                       |  | Tigray Cab Inc                    |  | Term Loan                                          |  |                 | 03/28/13 |  |              |  | 03/28/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 95     |  |  | $ | 92     |  |  | $ | 94     | 
|                       |  | Paik Cab Co                       |  | Term Loan                                          |  |                 | 05/26/10 |  |              |  | 05/26/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 8.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 93     |  |  | $ | 93     | 
|                       |  | Measho Cab Corp                   |  | Term Loan                                          |  |                 | 06/16/11 |  |              |  | 06/16/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 91     |  |  | $ | 92     | 
|                       |  | Addis Flower Taxi Cab Service     |  | Term Loan                                          |  |                 | 05/23/11 |  |              |  | 05/23/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 80     |  |  | $ | 81     | 
|                       |  | Sny Cab Inc ##                    |  | Term Loan                                          |  |                 | 12/14/11 |  |              |  | 12/14/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.00 | %                                     |  |   |           |  |  |           |        |  |  | $ | 75     |  |  | $ | 76     | 
|                       |  | Tyrone Henderson                  |  | Term Loan                                          |  |                 | 06/25/13 |  |              |  | 06/25/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 7.25 | %                                     |  |   |           |  |  | $         | 68     |  |  | $ | 67     |  |  | $ | 69     | 
|                       |  | Any Cab Corp                      |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 1,260  |  |  | $ | 64     |  |  | $ | 65     | 
|                       |  | Deka Cab Corp (Chicago)           |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 1,050  |  |  | $ | 54     |  |  | $ | 55     | 
|                       |  | Hudson Cab Corp                   |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 1,050  |  |  | $ | 54     |  |  | $ | 55     | 
|                       |  | Tribeca Three Cab Corp            |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 840    |  |  | $ | 43     |  |  | $ | 44     | 
|                       |  | Deka Three Cab Corp               |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 840    |  |  | $ | 43     |  |  | $ | 44     | 
|                       |  | Santorini Two Cab Corp            |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 840    |  |  | $ | 43     |  |  | $ | 44     | 
|                       |  | Laight Taxi Corp                  |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 840    |  |  | $ | 41     |  |  | $ | 42     | 
|                       |  | Madison Cab Corp                  |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 840    |  |  | $ | 41     |  |  | $ | 42     | 
|                       |  | Francis King Boat Inc             |  | Term Loan                                          |  |                 | 04/17/13 |  |              |  | 04/17/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 40     |  |  | $ | 36     |  |  | $ | 38     | 
|                       |  | Ali Taxi Corp ##                  |  | Term Loan                                          |  |                 | 08/13/13 |  |              |  | 08/13/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 35     |  |  | $ | 34     |  |  | $ | 36     | 
|                       |  | Greenwich Cab Corp                |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 630    |  |  | $ | 32     |  |  | $ | 33     | 
|                       |  | Any Cab Two Corp                  |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 420    |  |  | $ | 22     |  |  | $ | 23     | 
|                       |  | St Petersburg Taxi LLC            |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 3.75 | %                                     |  |   |           |  |  | $         | 420    |  |  | $ | 21     |  |  | $ | 22     | 
|                       |  | Mai Sheka Inc                     |  | Term Loan                                          |  |                 | 06/27/11 |  |              |  | 06/27/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 18     |  |  | $ | 19     | 
|Newark                 |  |                                   |  |                                                    |  |                 |          |  |              |  |          |               |  |  | 106           |  |  |                  | 8 | % |                     |  | 5.58 | %                                     |  | $ | 0         |  |  | $         | 13,103 |  |  | $ | 21,681 |  |  | $ | 21,792 | 
|                       |  | Rachel LLC                        |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 743    |  |  | $ | 732    |  |  | $ | 732    | 
|                       |  | K And N Taxi LLC                  |  | Term Loan                                          |  |                 | 09/26/13 |  |              |  | 09/26/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.80 | %                                     |  |   |           |  |  | $         | 650    |  |  | $ | 647    |  |  | $ | 649    | 
|                       |  | A.M.E. Transit Limited Liabili ## |  | Term Loan                                          |  |                 | 01/10/13 |  |              |  | 01/10/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 600    |  |  | $ | 589    |  |  | $ | 588    | 
|                       |  | Saintvillien & Larochelle LLC     |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.90 | %                                     |  |   |           |  |  | $         | 350    |  |  | $ | 349    |  |  | $ | 351    | 
|                       |  | P.C. Taxi Corp                    |  | Term Loan                                          |  |                 | 06/13/13 |  |              |  | 06/13/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.00 | %                                     |  |   |           |  |  | $         | 317    |  |  | $ | 313    |  |  | $ | 315    | 
|                       |  | Clair 282 LLC ##                  |  | Term Loan                                          |  |                 | 09/12/13 |  |              |  | 09/12/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.00 | %                                     |  |   |           |  |  | $         | 310    |  |  | $ | 308    |  |  | $ | 310    | 
|                       |  | Cmgv #2 Taxi Inc ##               |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.75 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 300    |  |  | $ | 301    | 
|                       |  | Carvin Taxi Inc ##                |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.75 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 300    |  |  | $ | 301    | 
|                       |  | Dern #2 Taxi Inc                  |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.75 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 300    |  |  | $ | 301    | 
|                       |  | 1 Hope LLC                        |  | Term Loan                                          |  |                 | 09/26/13 |  |              |  | 09/26/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 299    |  |  | $ | 301    | 
|                       |  | Romise Taxi LLC                   |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 296    |  |  | $ | 298    | 
|                       |  | Bidon Taxi Inc ##                 |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 297    |  |  | $ | 296    |  |  | $ | 298    | 
|                       |  | Lagrande Taxi Corp ##             |  | Term Loan                                          |  |                 | 02/14/13 |  |              |  | 02/14/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 296    |  |  | $ | 297    | 
|                       |  | Owned By Mr Vincent LLC           |  | Term Loan                                          |  |                 | 01/10/13 |  |              |  | 01/10/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 295    |  |  | $ | 297    | 
|                       |  | B Gene And Fil LLC                |  | Term Loan                                          |  |                 | 01/10/13 |  |              |  | 01/10/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 300    |  |  | $ | 295    |  |  | $ | 297    | 
|                       |  | Center Taxi LLC ##                |  | Term Loan                                          |  |                 | 08/15/13 |  |              |  | 08/15/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 296    |  |  | $ | 293    |  |  | $ | 295    | 
|                       |  | Hg & Zg Corporation               |  | Term Loan                                          |  |                 | 10/25/12 |  |              |  | 10/25/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  |           |        |  |  | $ | 285    |  |  | $ | 286    | 
|                       |  | Dorvilma LLC ##                   |  | Term Loan                                          |  |                 | 02/14/13 |  |              |  | 02/14/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 290    |  |  | $ | 285    |  |  | $ | 285    | 
|                       |  | Magdala Corp ##                   |  | Term Loan                                          |  |                 | 08/16/13 |  |              |  | 08/16/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 283    |  |  | $ | 281    |  |  | $ | 281    | 
|                       |  | Aspil Taxi #2 Corp                |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  |   |           |  |  | $         | 280    |  |  | $ | 280    |  |  | $ | 281    | 
|                       |  | United Seven Trans Inc            |  | Term Loan                                          |  |                 | 06/14/12 |  |              |  | 06/14/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.75 | %                                     |  |   |           |  |  |           |        |  |  | $ | 278    |  |  | $ | 280    | 
|                       |  | One At A Time Time Transport I ## |  | Term Loan                                          |  |                 | 09/20/12 |  |              |  | 09/20/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  |           |        |  |  | $ | 279    |  |  | $ | 279    | 
|                       |  | Jovin Taxi Inc ##                 |  | Term Loan                                          |  |                 | 01/10/13 |  |              |  | 01/10/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.00 | %                                     |  |   |           |  |  | $         | 280    |  |  | $ | 275    |  |  | $ | 277    | 
|                       |  | Levangile Milcent ##              |  | Term Loan                                          |  |                 | 12/13/12 |  |              |  | 12/13/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  |           |        |  |  | $ | 277    |  |  | $ | 275    | 
|                       |  | Maitre Joa LLC                    |  | Term Loan                                          |  |                 | 09/12/13 |  |              |  | 09/12/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  | $         | 274    |  |  | $ | 272    |  |  | $ | 274    | 
|                       |  | Simone Francois ##                |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  | $         | 273    |  |  | $ | 269    |  |  | $ | 271    | 
|                       |  | Mido Taxi Inc ##                  |  | Term Loan                                          |  |                 | 10/25/12 |  |              |  | 10/25/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  |           |        |  |  | $ | 270    |  |  | $ | 270    | 
|                       |  | Kesh & Kelo LLC ##                |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.00 | %                                     |  |   |           |  |  | $         | 275    |  |  | $ | 267    |  |  | $ | 269    | 
|                       |  | Hg & Zg Corporation               |  | Term Loan                                          |  |                 | 10/25/12 |  |              |  | 10/25/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.25 | %                                     |  |   |           |  |  |           |        |  |  | $ | 266    |  |  | $ | 267    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                                |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |  |                     |  |                                       |   |  |           |  |   |           |  |  |   |     |  |  |   |     | 
|---------------------- |  | ------------------------------ |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - |  | ------------------- |  | ------------------------------------- | - |  | --------- |  | - | --------- |  |  | - | --- |  |  | - | --- | 
|(Dollars in thousands) |  | Obligor Name                   |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |  | CapitalizedInterest |  | OriginalCost 
of2013Acquisitions 
(5) |   |  | Cost 
(4) |  |   | FairValue | 
|                       |  | Three Sons 2 Taxi Inc ##       |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  | $ | 264       |  |  | $ | 259 |  |  | $ | 261 | 
|                       |  | St Abraam Corp                 |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/22/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 260       |  |  | $ | 255 |  |  | $ | 256 | 
|                       |  | Alix Junior Exavier LLC ## &   |  | Term Loan                                          |  |                 | 05/09/13 |  |              |  | 05/09/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 255       |  |  | $ | 252 |  |  | $ | 253 | 
|                       |  | Rowfida Incorporated ##        |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.75                                  | % |  |           |  | $ | 250       |  |  | $ | 250 |  |  | $ | 252 | 
|                       |  | Timax 426 Inc                  |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 250       |  |  | $ | 249 |  |  | $ | 251 | 
|                       |  | Les & Thera Transportation LLC |  | Term Loan                                          |  |                 | 07/12/13 |  |              |  | 07/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 249       |  |  | $ | 246 |  |  | $ | 248 | 
|                       |  | Sonson Taxi Inc ##             |  | Term Loan                                          |  |                 | 10/25/12 |  |              |  | 10/25/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  |   |           |  |  | $ | 243 |  |  | $ | 244 | 
|                       |  | Luckner Etienne ##             |  | Term Loan                                          |  |                 | 10/25/12 |  |              |  | 10/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  |   |           |  |  | $ | 242 |  |  | $ | 243 | 
|                       |  | T-Bozo Trans LLC               |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 245       |  |  | $ | 240 |  |  | $ | 242 | 
|                       |  | Grec Taxi Corp                 |  | Term Loan                                          |  |                 | 12/08/11 |  |              |  | 12/08/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 237 |  |  | $ | 238 | 
|                       |  | Anasta.S. Taxi LLC             |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 236       |  |  | $ | 231 |  |  | $ | 233 | 
|                       |  | Wilner Novaly                  |  | Term Loan                                          |  |                 | 08/12/10 |  |              |  | 07/22/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 231 |  |  | $ | 231 | 
|                       |  | M.K. Taxi Inc                  |  | Term Loan                                          |  |                 | 04/14/11 |  |              |  | 04/14/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.75                                  | % |  |           |  |   |           |  |  | $ | 230 |  |  | $ | 231 | 
|                       |  | Rosemond Mathurin ##           |  | Term Loan                                          |  |                 | 12/13/12 |  |              |  | 12/13/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  |   |           |  |  | $ | 230 |  |  | $ | 231 | 
|                       |  | Mpaul 596 LLC                  |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 230       |  |  | $ | 227 |  |  | $ | 229 | 
|                       |  | Ekny Fils-Aime ##              |  | Term Loan                                          |  |                 | 10/17/11 |  |              |  | 10/17/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.25                                  | % |  |           |  |   |           |  |  | $ | 226 |  |  | $ | 227 | 
|                       |  | Jacob Joseph                   |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 230       |  |  | $ | 224 |  |  | $ | 226 | 
|                       |  | Zoune Taxi #2 Inc ##           |  | Term Loan                                          |  |                 | 01/10/13 |  |              |  | 01/10/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                  | % |  |           |  | $ | 230       |  |  | $ | 224 |  |  | $ | 226 | 
|                       |  | S.J.L.T Joujean Inc            |  | Term Loan                                          |  |                 | 03/15/12 |  |              |  | 03/15/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 221 |  |  | $ | 222 | 
|                       |  | Dmd Taxi LLC                   |  | Term Loan                                          |  |                 | 09/26/13 |  |              |  | 09/26/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.75                                  | % |  |           |  | $ | 220       |  |  | $ | 218 |  |  | $ | 220 | 
|                       |  | Erick Fleuridor                |  | Term Loan                                          |  |                 | 07/19/12 |  |              |  | 07/19/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  |   |           |  |  | $ | 215 |  |  | $ | 216 | 
|                       |  | Boss Carmel Taxi Inc ##        |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  | $ | 213       |  |  | $ | 213 |  |  | $ | 215 | 
|                       |  | Joseph Duverneau ##            |  | Term Loan                                          |  |                 | 02/17/11 |  |              |  | 02/17/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.00                                  | % |  |           |  |   |           |  |  | $ | 209 |  |  | $ | 209 | 
|                       |  | Joseph And Jamar Inc ##        |  | Term Loan                                          |  |                 | 10/07/10 |  |              |  | 10/07/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 206 |  |  | $ | 206 | 
|                       |  | Semsema Trans Corporation      |  | Term Loan                                          |  |                 | 05/17/12 |  |              |  | 05/17/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 204 |  |  | $ | 206 | 
|                       |  | Chavensky Cab Inc              |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 200       |  |  | $ | 200 |  |  | $ | 202 | 
|                       |  | Stany Inc                      |  | Term Loan                                          |  |                 | 05/12/11 |  |              |  | 05/12/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.75                                  | % |  |           |  |   |           |  |  | $ | 200 |  |  | $ | 201 | 
|                       |  | United Seven Trans Inc         |  | Term Loan                                          |  |                 | 06/14/12 |  |              |  | 06/14/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.75                                  | % |  |           |  |   |           |  |  | $ | 196 |  |  | $ | 198 | 
|                       |  | Thomas Lahens                  |  | Term Loan                                          |  |                 | 07/11/13 |  |              |  | 07/11/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.90                                  | % |  |           |  | $ | 195       |  |  | $ | 191 |  |  | $ | 192 | 
|                       |  | Herve Dameus & James Dameus ## |  | Term Loan                                          |  |                 | 01/25/11 |  |              |  | 01/20/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 187 |  |  | $ | 187 | 
|                       |  | Micheline Luxeus ##            |  | Term Loan                                          |  |                 | 12/13/12 |  |              |  | 12/13/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  |   |           |  |  | $ | 185 |  |  | $ | 186 | 
|                       |  | Mfc Taxi Corp ##               |  | Term Loan                                          |  |                 | 09/20/11 |  |              |  | 09/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.50                                  | % |  |           |  |   |           |  |  | $ | 185 |  |  | $ | 185 | 
|                       |  | Chell 11 Corp                  |  | Term Loan                                          |  |                 | 08/12/10 |  |              |  | 08/05/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.00                                  | % |  |           |  |   |           |  |  | $ | 183 |  |  | $ | 183 | 
|                       |  | Serge Previlon LLC             |  | Term Loan                                          |  |                 | 08/15/13 |  |              |  | 08/15/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 182       |  |  | $ | 179 |  |  | $ | 181 | 
|                       |  | Erick Fleuridor                |  | Term Loan                                          |  |                 | 10/25/12 |  |              |  | 10/25/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  |   |           |  |  | $ | 177 |  |  | $ | 179 | 
|                       |  | Marie Jeanne Philemon          |  | Term Loan                                          |  |                 | 07/07/11 |  |              |  | 07/07/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.50                                  | % |  |           |  |   |           |  |  | $ | 173 |  |  | $ | 174 | 
|                       |  | Just 8 Taxi #2 Inc ##          |  | Term Loan                                          |  |                 | 09/20/11 |  |              |  | 09/19/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 169 |  |  | $ | 169 | 
|                       |  | Cassandra & Joseph Sejour Inc  |  | Term Loan                                          |  |                 | 04/09/10 |  |              |  | 04/09/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.75                                  | % |  |           |  |   |           |  |  | $ | 167 |  |  | $ | 167 | 
|                       |  | Monise Lubintus                |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                  | % |  |           |  | $ | 166       |  |  | $ | 166 |  |  | $ | 167 | 
|                       |  | Saintilia Charles ##           |  | Term Loan                                          |  |                 | 09/13/10 |  |              |  | 09/13/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 165 |  |  | $ | 165 | 
|                       |  | Adieula Figaro ##              |  | Term Loan                                          |  |                 | 10/06/11 |  |              |  | 10/06/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 160 |  |  | $ | 160 | 
|                       |  | Charata Taxi Inc               |  | Term Loan                                          |  |                 | 12/12/13 |  |              |  | 12/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.50                                  | % |  |           |  | $ | 158       |  |  | $ | 158 |  |  | $ | 160 | 
|                       |  | Pierre Family 084 LLC          |  | Term Loan                                          |  |                 | 07/12/13 |  |              |  | 07/12/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 160       |  |  | $ | 155 |  |  | $ | 157 | 
|                       |  | A.N.T.K. LLC                   |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  | $ | 156       |  |  | $ | 153 |  |  | $ | 155 | 
|                       |  | Saintvillien & Larochelle LLC  |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 4.63                                  | % |  |           |  | $ | 152       |  |  | $ | 151 |  |  | $ | 153 | 
|                       |  | Antoines Dortin ##             |  | Term Loan                                          |  |                 | 08/12/10 |  |              |  | 08/12/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 148 |  |  | $ | 148 | 
|                       |  | R & Z Trans Service Inc        |  | Term Loan                                          |  |                 | 01/10/13 |  |              |  | 01/10/23 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 160       |  |  | $ | 145 |  |  | $ | 147 | 
|                       |  | Ahmad Taxi Inc                 |  | Term Loan                                          |  |                 | 06/09/11 |  |              |  | 06/09/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.75                                  | % |  |           |  |   |           |  |  | $ | 144 |  |  | $ | 145 | 
|                       |  | 424 Taxi LLC                   |  | Term Loan                                          |  |                 | 01/20/12 |  |              |  | 01/20/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.00                                  | % |  |           |  |   |           |  |  | $ | 143 |  |  | $ | 144 | 
|                       |  | Forward Taxi Corp              |  | Term Loan                                          |  |                 | 03/15/12 |  |              |  | 03/15/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 139 |  |  | $ | 141 | 
|                       |  | Charles Agesilas ##            |  | Term Loan                                          |  |                 | 07/10/09 |  |              |  | 07/10/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 139 |  |  | $ | 138 | 
|                       |  | Yves Frantz Philemon           |  | Term Loan                                          |  |                 | 01/20/11 |  |              |  | 01/20/15 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 129 |  |  | $ | 130 | 
|                       |  | Renelus Dieujuste ##           |  | Term Loan                                          |  |                 | 12/03/09 |  |              |  | 11/13/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  |   |           |  |  | $ | 129 |  |  | $ | 128 | 
|                       |  | 0127 Incorporated ##           |  | Term Loan                                          |  |                 | 07/19/12 |  |              |  | 07/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.50                                  | % |  |           |  |   |           |  |  | $ | 127 |  |  | $ | 128 | 
|                       |  | Cosmos 2 Taxi Corporation ##   |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/18 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 124       |  |  | $ | 123 |  |  | $ | 125 | 
|                       |  | Alhayat Taxi Inc               |  | Term Loan                                          |  |                 | 02/14/13 |  |              |  | 02/14/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 131       |  |  | $ | 124 |  |  | $ | 123 | 
|                       |  | Olga Morales                   |  | Term Loan                                          |  |                 | 03/15/12 |  |              |  | 03/15/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 116 |  |  | $ | 117 | 
|                       |  | Hercule Jean-Baptiste          |  | Term Loan                                          |  |                 | 06/13/13 |  |              |  | 06/13/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.00                                  | % |  |           |  | $ | 116       |  |  | $ | 112 |  |  | $ | 114 | 
|                       |  | E-Z-4-U Inc                    |  | Term Loan                                          |  |                 | 01/19/12 |  |              |  | 01/19/16 |               |  |  | 1             |  |  |                  | * |  |                     |  | 6.00                                  | % |  |           |  |   |           |  |  | $ | 107 |  |  | $ | 108 | 
|                       |  | Don Taxi Corp ##               |  | Term Loan                                          |  |                 | 09/02/10 |  |              |  | 09/02/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 105 |  |  | $ | 105 | 
|                       |  | Louibert Julien                |  | Term Loan                                          |  |                 | 06/19/09 |  |              |  | 06/19/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.00                                  | % |  |           |  |   |           |  |  | $ | 104 |  |  | $ | 104 | 
|                       |  | Gerald Jean-Louis ##           |  | Term Loan                                          |  |                 | 04/25/13 |  |              |  | 04/25/17 |               |  |  | 1             |  |  |                  | * |  |                     |  | 5.25                                  | % |  |           |  | $ | 103       |  |  | $ | 101 |  |  | $ | 103 | 
|                       |  | Clameus Estimable              |  | Term Loan                                          |  |                 | 05/06/10 |  |              |  | 05/06/14 |               |  |  | 1             |  |  |                  | * |  |                     |  | 7.50                                  | % |  |           |  |   |           |  |  | $ | 87  |  |  | $ | 87  | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                       |  |                              |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |  |  |                  |   |   |                     |  |      |                                       |  |   |           |  |  |           |        |  |  |   |        |  |  |   |        | 
|---------------------- |  | ---------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- |  |  | ---------------- | - | - | ------------------- |  | ---- | ------------------------------------- |  | - | --------- |  |  | --------- | ------ |  |  | - | ------ |  |  | - | ------ | 
|(Dollars in thousands) |  | Obligor Name                 |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |  |  | InterestRate
(1) |   |   | CapitalizedInterest |  |      | OriginalCost 
of2013Acquisitions 
(5) |  |   | Cost 
(4) |  |  | FairValue |       
|                       |  | Praise The Lord Taxi Inc     |  | Term Loan                                          |  |                 | 05/20/11 |  |              |  | 05/20/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.75 | %                                     |  |   |           |  |  |           |        |  |  | $ | 85     |  |  | $ | 86     | 
|                       |  | Gethsemane Inc               |  | Term Loan                                          |  |                 | 02/27/09 |  |              |  | 02/27/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 7.68 | %                                     |  |   |           |  |  |           |        |  |  | $ | 85     |  |  | $ | 85     | 
|                       |  | Pola Trans Inc ##            |  | Term Loan                                          |  |                 | 07/19/12 |  |              |  | 07/19/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 80     |  |  | $ | 80     | 
|                       |  | Mr Clean Sdam Taxi LLC       |  | Term Loan                                          |  |                 | 06/09/11 |  |              |  | 06/09/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.75 | %                                     |  |   |           |  |  |           |        |  |  | $ | 78     |  |  | $ | 79     | 
|                       |  | Pierre Sterling              |  | Term Loan                                          |  |                 | 01/19/12 |  |              |  | 01/19/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.00 | %                                     |  |   |           |  |  |           |        |  |  | $ | 61     |  |  | $ | 62     | 
|                       |  | Pegy Taxi Corp               |  | Term Loan                                          |  |                 | 02/17/11 |  |              |  | 02/17/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 61     |  |  | $ | 62     | 
|                       |  | Reyes Okoroagu ##            |  | Term Loan                                          |  |                 | 11/14/13 |  |              |  | 11/14/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.75 | %                                     |  |   |           |  |  | $         | 50     |  |  | $ | 50     |  |  | $ | 52     | 
|                       |  | Webert Joseph                |  | Term Loan                                          |  |                 | 02/17/11 |  |              |  | 02/17/17 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 49     |  |  | $ | 50     | 
|                       |  | Jean Belony                  |  | Term Loan                                          |  |                 | 06/09/11 |  |              |  | 06/09/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.50 | %                                     |  |   |           |  |  |           |        |  |  | $ | 42     |  |  | $ | 43     | 
|                       |  | Saeiid LLC                   |  | Term Loan                                          |  |                 | 09/06/11 |  |              |  | 09/06/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.25 | %                                     |  |   |           |  |  |           |        |  |  | $ | 37     |  |  | $ | 38     | 
|                       |  | 100 Taxi #2 Corp             |  | Term Loan                                          |  |                 | 07/25/08 |  |              |  | 07/25/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 8.00 | %                                     |  |   |           |  |  |           |        |  |  | $ | 32     |  |  | $ | 32     | 
|                       |  | Abanob Trans Inc             |  | Term Loan                                          |  |                 | 06/14/07 |  |              |  | 06/14/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 8.00 | %                                     |  |   |           |  |  |           |        |  |  | $ | 12     |  |  | $ | 12     | 
|                       |  | Graciela Carbajal            |  | Term Loan                                          |  |                 | 05/10/07 |  |              |  | 05/10/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 8.00 | %                                     |  |   |           |  |  |           |        |  |  | $ | 6      |  |  | $ | 6      | 
|                       |  | Marie C Taxi Inc             |  | Term Loan                                          |  |                 | 04/12/07 |  |              |  | 04/12/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 8.00 | %                                     |  |   |           |  |  |           |        |  |  | $ | 7      |  |  | $ | 7      | 
|Boston                 |  |                              |  |                                                    |  |                 |          |  |              |  |          |               |  |  | 53            |  |  |                  | 9 | % |                     |  | 4.91 | %                                     |  | $ | 0         |  |  | $         | 11,642 |  |  | $ | 23,622 |  |  | $ | 23,656 | 
|                       |  | Chiso Trans Inc              |  | Term Loan                                          |  |                 | 11/26/13 |  |              |  | 11/26/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  | $         | 845    |  |  | $ | 845    |  |  | $ | 847    | 
|                       |  | Chiso Trans Inc              |  | Term Loan                                          |  |                 | 04/20/12 |  |              |  | 04/20/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 599    |  |  | $ | 600    | 
|                       |  | Sasun Cab Inc                |  | Term Loan                                          |  |                 | 02/20/13 |  |              |  | 02/20/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  | $ | 0         |  |  | $         | 975    |  |  | $ | 951    |  |  | $ | 953    | 
|                       |  | Southside Enterprises Inc ## |  | Term Loan                                          |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.00 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 903    |  |  | $ | 901    | 
|                       |  | Mish Inc ##                  |  | Term Loan                                          |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.00 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 901    |  |  | $ | 899    | 
|                       |  | Johnson Holdings Inc         |  | Term Loan                                          |  |                 | 07/23/13 |  |              |  | 07/23/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  | $         | 790    |  |  | $ | 783    |  |  | $ | 785    | 
|                       |  | Chidi Trans Inc ##           |  | Term Loan                                          |  |                 | 11/17/11 |  |              |  | 11/17/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.00 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 680    |  |  | $ | 678    | 
|                       |  | Ngozi Trans Inc.             |  | Term Loan                                          |  |                 | 12/31/12 |  |              |  | 12/31/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 641    |  |  | $ | 643    | 
|                       |  | Chidi Trans Inc              |  | Term Loan                                          |  |                 | 04/20/12 |  |              |  | 04/20/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 634    |  |  | $ | 635    | 
|                       |  | Arinze Trans Inc             |  | Term Loan                                          |  |                 | 02/05/10 |  |              |  | 02/05/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 595    |  |  | $ | 595    | 
|                       |  | Arinze Trans Inc             |  | Term Loan                                          |  |                 | 04/20/12 |  |              |  | 04/20/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 593    |  |  | $ | 594    | 
|                       |  | Margo Cab Inc ##             |  | Term Loan                                          |  |                 | 01/16/13 |  |              |  | 01/16/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.00 | %                                     |  | $ | 0         |  |  | $         | 650    |  |  | $ | 573    |  |  | $ | 572    | 
|                       |  | Chenal Cab Inc               |  | Term Loan                                          |  |                 | 12/03/13 |  |              |  | 12/03/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.00 | %                                     |  | $ | 0         |  |  | $         | 550    |  |  | $ | 550    |  |  | $ | 552    | 
|                       |  | Britney Cab Inc              |  | Term Loan                                          |  |                 | 12/18/13 |  |              |  | 12/18/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.00 | %                                     |  | $ | 0         |  |  | $         | 550    |  |  | $ | 550    |  |  | $ | 552    | 
|                       |  | Farb Inc ##                  |  | Term Loan                                          |  |                 | 02/20/13 |  |              |  | 02/20/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.13 | %                                     |  | $ | 0         |  |  | $         | 550    |  |  | $ | 542    |  |  | $ | 541    | 
|                       |  | Jason Cab Inc ##             |  | Term Loan                                          |  |                 | 03/15/13 |  |              |  | 03/15/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.88 | %                                     |  | $ | 0         |  |  | $         | 530    |  |  | $ | 518    |  |  | $ | 520    | 
|                       |  | Memory Cab Company Inc ##    |  | Term Loan                                          |  |                 | 01/14/11 |  |              |  | 01/14/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.25 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 518    |  |  | $ | 516    | 
|                       |  | Gabriel Trans Holdings Inc   |  | Term Loan                                          |  |                 | 04/20/12 |  |              |  | 04/20/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 511    |  |  | $ | 512    | 
|                       |  | B&M Cab Inc ##               |  | Term Loan                                          |  |                 | 12/20/13 |  |              |  | 12/20/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.13 | %                                     |  | $ | 0         |  |  | $         | 500    |  |  | $ | 500    |  |  | $ | 500    | 
|                       |  | Myra Inc                     |  | Term Loan                                          |  |                 | 08/12/13 |  |              |  | 08/12/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.75 | %                                     |  | $ | 0         |  |  | $         | 500    |  |  | $ | 497    |  |  | $ | 499    | 
|                       |  | Saint Inc                    |  | Term Loan                                          |  |                 | 08/12/13 |  |              |  | 08/12/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.75 | %                                     |  | $ | 0         |  |  | $         | 500    |  |  | $ | 497    |  |  | $ | 499    | 
|                       |  | S.P.B. Taxi Inc              |  | Term Loan                                          |  |                 | 09/18/13 |  |              |  | 09/18/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.75 | %                                     |  | $ | 0         |  |  | $         | 500    |  |  | $ | 497    |  |  | $ | 499    | 
|                       |  | Bailey Cab Inc ##            |  | Term Loan                                          |  |                 | 11/09/12 |  |              |  | 11/09/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 495    |  |  | $ | 496    | 
|                       |  | Ruth Cab Inc                 |  | Term Loan                                          |  |                 | 11/26/13 |  |              |  | 11/26/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  | $         | 470    |  |  | $ | 470    |  |  | $ | 472    | 
|                       |  | Odat Taxi, Inc. ##           |  | Term Loan                                          |  |                 | 03/07/13 |  |              |  | 03/07/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  | $         | 480    |  |  | $ | 471    |  |  | $ | 471    | 
|                       |  | Theo Cab Inc ##              |  | Term Loan                                          |  |                 | 03/07/13 |  |              |  | 03/07/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  | $         | 480    |  |  | $ | 471    |  |  | $ | 471    | 
|                       |  | TomorrowS Tree Inc          |  | Term Loan                                          |  |                 | 10/08/13 |  |              |  | 10/08/18 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  | $         | 465    |  |  | $ | 464    |  |  | $ | 466    | 
|                       |  | Dadou Cab Inc                |  | Term Loan                                          |  |                 | 11/16/12 |  |              |  | 11/16/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.38 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 455    |  |  | $ | 457    | 
|                       |  | Joyful Ride Inc ##           |  | Term Loan                                          |  |                 | 12/28/12 |  |              |  | 12/28/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.00 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 450    |  |  | $ | 450    | 
|                       |  | P&P Dumerant Corp ##         |  | Term Loan                                          |  |                 | 10/25/13 |  |              |  | 10/25/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  | $         | 450    |  |  | $ | 448    |  |  | $ | 450    | 
|                       |  | Eldali Transportation Inc    |  | Term Loan                                          |  |                 | 11/09/12 |  |              |  | 11/26/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 448    |  |  | $ | 448    | 
|                       |  | Jv Taxi Inc ##               |  | Term Loan                                          |  |                 | 03/15/13 |  |              |  | 03/15/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.75 | %                                     |  | $ | 0         |  |  | $         | 450    |  |  | $ | 440    |  |  | $ | 440    | 
|                       |  | Djbell Love Inc ##           |  | Term Loan                                          |  |                 | 09/27/12 |  |              |  | 09/27/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.00 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 425    |  |  | $ | 424    | 
|                       |  | H And H Taxi Inc ##          |  | Term Loan                                          |  |                 | 10/11/13 |  |              |  | 10/11/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  | $         | 385    |  |  | $ | 383    |  |  | $ | 385    | 
|                       |  | Ngozi Trans Inc. ##          |  | Term Loan                                          |  |                 | 04/20/12 |  |              |  | 04/20/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 356    |  |  | $ | 355    | 
|                       |  | Jesus Denis Cab Inc          |  | Term Loan                                          |  |                 | 03/22/13 |  |              |  | 03/22/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  | $ | 0         |  |  | $         | 355    |  |  | $ | 347    |  |  | $ | 349    | 
|                       |  | Jmf Cab Inc ##               |  | Term Loan                                          |  |                 | 03/27/12 |  |              |  | 03/27/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.70 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 341    |  |  | $ | 340    | 
|                       |  | Urzal Taxi Inc               |  | Term Loan                                          |  |                 | 07/29/13 |  |              |  | 07/29/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.25 | %                                     |  | $ | 0         |  |  | $         | 335    |  |  | $ | 331    |  |  | $ | 333    | 
|                       |  | Ngozi Trans Inc.             |  | Term Loan                                          |  |                 | 12/31/12 |  |              |  | 12/31/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 321    |  |  | $ | 323    | 
|                       |  | Shemarjamalie Cab Inc ##     |  | Term Loan                                          |  |                 | 02/17/12 |  |              |  | 02/17/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.15 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 319    |  |  | $ | 320    | 
|                       |  | Boband Cab Inc ##            |  | Term Loan                                          |  |                 | 11/06/12 |  |              |  | 11/06/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.75 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 294    |  |  | $ | 293    | 
|                       |  | Louine Cab Inc               |  | Term Loan                                          |  |                 | 11/30/12 |  |              |  | 11/30/15 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 291    |  |  | $ | 293    | 
|                       |  | Sarhad Coach Inc             |  | Term Loan                                          |  |                 | 07/23/13 |  |              |  | 05/25/16 |               |  |  | 1             |  |  |                  | * |   |                     |  | 4.00 | %                                     |  | $ | 0         |  |  | $         | 292    |  |  | $ | 288    |  |  | $ | 290    | 
|                       |  | Jre Taxi Inc ##              |  | Term Loan                                          |  |                 | 08/26/11 |  |              |  | 08/26/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.00 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 282    |  |  | $ | 281    | 
|                       |  | Phatricksey Cab Inc ##       |  | Term Loan                                          |  |                 | 07/14/11 |  |              |  | 07/14/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 5.50 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 259    |  |  | $ | 258    | 
|                       |  | Chardon Taxi Inc             |  | Term Loan                                          |  |                 | 10/20/11 |  |              |  | 10/20/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.75 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 251    |  |  | $ | 252    | 
|                       |  | Stanley & Rachelle Cab Inc   |  | Term Loan                                          |  |                 | 05/23/11 |  |              |  | 05/23/14 |               |  |  | 1             |  |  |                  | * |   |                     |  | 6.00 | %                                     |  | $ | 0         |  |  |           |        |  |  | $ | 174    |  |  | $ | 174    | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                                                                                                            |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   |               |  |   |                  |   |   |                     |         |       |                                       |   |         |          |  |  |           |       |  |  |   |       |  |  |   |       | 
|----------------------------------------------------------------------------------------------------------- |  | - |  | -------------------------------------------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ | ---- | -------- | ------------- | - | - | ------------- |  | - | ---------------- | - | - | ------------------- | ------- | ----- | ------------------------------------- | - | ------- | -------- |  |  | --------- | ----- |  |  | - | ----- |  |  | - | ----- | 
|(Dollars in thousands)                                                                                      |  |   |  | Obligor Name                                                         |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |      |          | No. ofInvest. |   |   | % ofNetAssets |  |   | InterestRate
(1) |   |   | CapitalizedInterest |         |       | OriginalCost 
of2013Acquisitions 
(5) |   |         | Cost (4) |  |  | FairValue |      
|                                                                                                            |  |   |  | Dabola Cab Inc ##                                                    |  | Term Loan                                          |  |                 | 11/10/11 |  |              |      | 11/10/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.50  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 174   |  |  | $ | 174   | 
|                                                                                                            |  |   |  | Mwinkteana Cab Inc ##                                                |  | Term Loan                                          |  |                 | 05/10/11 |  |              |      | 05/10/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 6.00  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 157   |  |  | $ | 157   | 
|                                                                                                            |  |   |  | Kena Cab Inc                                                         |  | Term Loan                                          |  |                 | 11/06/12 |  |              |      | 11/06/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.75  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 75    |  |  | $ | 76    | 
|                                                                                                            |  |   |  | Sasun Cab Inc                                                        |  | Term Loan                                          |  |                 | 02/20/13 |  |              |      | 02/20/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.50  | %                                     |   | $       | 0        |  |  | $         | 40    |  |  | $ | 36    |  |  | $ | 38    | 
|                                                                                                            |  |   |  | Sunshine Cab Inc ##                                                  |  | Term Loan                                          |  |                 | 06/12/07 |  |              |      | 06/12/18 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.00  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 22    |  |  | $ | 22    | 
|                                                                                                            |  |   |  | Marthine Cab Inc                                                     |  | Term Loan                                          |  |                 | 09/17/10 |  |              |      | 09/17/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 6.25  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 6     |  |  | $ | 6     | 
|Cambridge                                                                                                   |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   | 14            |  |   |                  | 2 | % |                     |         | 5.06  | %                                     |   | $       | 0        |  |  | $         | 3,850 |  |  | $ | 6,008 |  |  | $ | 6,043 | 
|                                                                                                            |  |   |  | Gcf Taxi Inc, Et Al                                                  |  | Term Loan                                          |  |                 | 12/30/13 |  |              |      | 12/30/16 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 6.00  | %                                     |   | $       | 0        |  |  | $         | 1,398 |  |  | $ | 1,397 |  |  | $ | 1,417 | 
|                                                                                                            |  |   |  | Gcf Taxi Inc                                                         |  | Term Loan                                          |  |                 | 10/08/13 |  |              |      | 10/08/18 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.00  | %                                     |   | $       | 0        |  |  | $         | 670   |  |  | $ | 667   |  |  | $ | 669   | 
|                                                                                                            |  |   |  | Andrew Cab Inc And Saad Inc                                          |  | Term Loan                                          |  |                 | 03/29/13 |  |              |      | 03/29/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.88  | %                                     |   | $       | 0        |  |  | $         | 425   |  |  | $ | 417   |  |  | $ | 419   | 
|                                                                                                            |  |   |  | Patrick Cab Inc And Saad Inc                                         |  | Term Loan                                          |  |                 | 03/29/13 |  |              |      | 03/29/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.88  | %                                     |   | $       | 0        |  |  | $         | 425   |  |  | $ | 416   |  |  | $ | 418   | 
|                                                                                                            |  |   |  | Hope-Lynn Cabworks Inc ##                                            |  | Term Loan                                          |  |                 | 03/22/13 |  |              |      | 03/22/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.00  | %                                     |   | $       | 0        |  |  | $         | 400   |  |  | $ | 391   |  |  | $ | 391   | 
|                                                                                                            |  |   |  | Lynn Maha Taxi Inc                                                   |  | Term Loan                                          |  |                 | 05/13/13 |  |              |      | 05/13/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.00  | %                                     |   | $       | 0        |  |  | $         | 382   |  |  | $ | 378   |  |  | $ | 380   | 
|                                                                                                            |  |   |  | Mgf Taxi Inc                                                         |  | Term Loan                                          |  |                 | 05/06/11 |  |              |      | 05/06/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 6.50  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 365   |  |  | $ | 365   | 
|                                                                                                            |  |   |  | Desdunes Cab Inc                                                     |  | Term Loan                                          |  |                 | 09/21/12 |  |              |      | 09/21/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.00  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 340   |  |  | $ | 341   | 
|                                                                                                            |  |   |  | Drumman Trans Inc                                                    |  | Term Loan                                          |  |                 | 12/07/12 |  |              |      | 12/07/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.50  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 338   |  |  | $ | 340   | 
|                                                                                                            |  |   |  | Sam Taxi Inc                                                         |  | Term Loan                                          |  |                 | 03/19/10 |  |              |      | 03/10/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.25  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 300   |  |  | $ | 300   | 
|                                                                                                            |  |   |  | Marcia And Everton Cab Inc ##                                        |  | Term Loan                                          |  |                 | 11/09/12 |  |              |      | 11/09/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 4.00  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 289   |  |  | $ | 289   | 
|                                                                                                            |  |   |  | Walger Inc                                                           |  | Term Loan                                          |  |                 | 01/26/12 |  |              |      | 01/26/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.50  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 281   |  |  | $ | 282   | 
|                                                                                                            |  |   |  | Raad Taxi Inc                                                        |  | Term Loan                                          |  |                 | 06/26/12 |  |              |      | 06/26/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.50  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 278   |  |  | $ | 279   | 
|                                                                                                            |  |   |  | Taxi Technology Inc ##                                               |  | Term Loan                                          |  |                 | 12/11/13 |  |              |      | 12/11/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.00  | %                                     |   | $       | 0        |  |  | $         | 150   |  |  | $ | 151   |  |  | $ | 153   | 
|Other                                                                                                       |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   | 12            |  |   |                  | 0 | % |                     |         | 6.52  | %                                     |   | $       | 0        |  |  | $         | 860   |  |  | $ | 1,178 |  |  | $ | 1,184 | 
|                                                                                                            |  |   |  | Komboya Trans Inc                                                    |  | Term Loan                                          |  |                 | 04/23/13 |  |              |      | 04/23/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.25  | %                                     |   | $       | 0        |  |  | $         | 267   |  |  | $ | 264   |  |  | $ | 266   | 
|                                                                                                            |  |   |  | Tjp Inc ##                                                           |  | Term Loan                                          |  |                 | 02/22/13 |  |              |      | 02/22/16 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.25  | %                                     |   | $       | 0        |  |  | $         | 250   |  |  | $ | 246   |  |  | $ | 247   | 
|                                                                                                            |  |   |  | Wiljean Marcelin &                                                   |  | Term Loan                                          |  |                 | 08/21/13 |  |              |      | 09/01/23 |               |   |   | 1             |  |   |                  | * |   |                     |         | 6.75  | %                                     |   | $       | 0        |  |  | $         | 171   |  |  | $ | 171   |  |  | $ | 173   | 
|                                                                                                            |  |   |  | Jean C Mathurin/Norcal                                               |  | Term Loan                                          |  |                 | 01/15/13 |  |              |      | 02/01/18 |               |   |   | 1             |  |   |                  | * |   |                     |         | 8.50  | %                                     |   | $       | 0        |  |  | $         | 172   |  |  | $ | 167   |  |  | $ | 167   | 
|                                                                                                            |  |   |  | Hantin Trans/Aventura Taxi                                           |  | Term Loan                                          |  |                 | 06/16/10 |  |              |      | 06/16/17 |               |   |   | 1             |  |   |                  | * |   |                     |         | 8.25  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 115   |  |  | $ | 116   | 
|                                                                                                            |  |   |  | Zelalem S. Alemu                                                     |  | Term Loan                                          |  |                 | 04/28/08 |  |              |      | 04/28/18 |               |   |   | 1             |  |   |                  | * |   |                     |         | 5.00  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 90    |  |  | $ | 89    | 
|                                                                                                            |  |   |  | Getrot Michel                                                        |  | Term Loan                                          |  |                 | 03/07/08 |  |              |      | 03/23/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 7.75  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 46    |  |  | $ | 46    | 
|                                                                                                            |  |   |  | Elzira & Luc Cab Inc.                                                |  | Term Loan                                          |  |                 | 08/17/10 |  |              |      | 02/17/18 |               |   |   | 1             |  |   |                  | * |   |                     |         | 8.25  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 38    |  |  | $ | 38    | 
|                                                                                                            |  |   |  | Elysse Corporation                                                   |  | Term Loan                                          |  |                 | 09/10/10 |  |              |      | 03/10/18 |               |   |   | 1             |  |   |                  | * |   |                     |         | 8.25  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 25    |  |  | $ | 26    | 
|                                                                                                            |  |   |  | Oddy Transportation Services I                                       |  | Term Loan                                          |  |                 | 11/26/07 |  |              |      | 11/27/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 8.00  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 7     |  |  | $ | 7     | 
|                                                                                                            |  |   |  | Odney Cab Inc/Mbank                                                  |  | Term Loan                                          |  |                 | 12/22/10 |  |              |      | 12/22/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 11.50 | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 7     |  |  | $ | 7     | 
|                                                                                                            |  |   |  | Durosier Xavier/Mbank                                                |  | Term Loan                                          |  |                 | 08/16/10 |  |              |      | 07/01/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 7.25  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 2     |  |  | $ | 2     | 
|                                                                                                            |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   |               |  |   |                  |   |   |                     |         |       |                                       |   |         |          |  |  |           |       |  |  |   |       |  |  |   |       | 
|Total medallion loans ($233,789 pledged as collateral under borrowingarrangements)                          |  |   |  | 654                                                                  |  |                                                    |  | 109             | %        |  |              | 4.02 | %        |               | $ | 0 |               |  | $ | 195,973          |   |   | $                   | 297,618 |       |                                       | $ | 297,861 |         
|                                                                                                            |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   |               |  |   |                  |   |   |                     |         |       |                                       |   |         |          |  |  |           |       |  |  |   |       |  |  |   |       | 
|Commercial Loans                                                                                            |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   |               |  |   |                  |   |   |                     |         |       |                                       |   |         |          |  |  |           |       |  |  |   |       | 
|Secured mezzanine (29% Minnesota, 10% North Carolina, 9% New York, 9% Oklahoma, 8%
Texas,                   |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   |               |  |   |                  |   |   |                     |         |       |                                       |   |         |          |  |  |           |       |  |  |   |       | 
|7% Wisconsin, 6% Delaware, 6% Arizona, 4% Florida, 4% California, 4% Tennessee and 4% all other states) (2) |  |   |  |                                                                      |  |                                                    |  |                 |          |  |              |      |          |               |   |   |               |  |   |                  |   |   |                     |         |       |                                       |   |         |          |  |  |           |       |  |  |  
|Manufacturing (56% of the total)                                                                            |  | + |  | Bluff Manufacturing (interest rate includes PIK interest of 3.50%)   |  | Term Loan                                          |  |                 | 12/14/12 |  |              |      | 12/14/17 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 15.50 | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 3,000 |  |  | $ | 3,009 | 
|                                                                                                            |  |   |  | Quaker Bakery (interest rate includes PIK interest of 5.00%)         |  | Term Loan                                          |  |                 | 03/28/12 |  |              |      | 03/28/17 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 17.00 | %                                     |   | $       | 243      |  |  |           |       |  |  | $ | 2,843 |  |  | $ | 2,834 | 
|                                                                                                            |  |   |  | American Cylinder (interest rate includes PIK interest of 5.00%)     |  | Term Loan                                          |  |                 | 07/03/13 |  |              |      | 01/03/18 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 17.00 | %                                     |   | $       | 38       |  |  | $         | 1,500 |  |  | $ | 1,538 |  |  | $ | 1,538 | 
|                                                                                                            |  |   |  | American Cylinder                                                    |  | Term Loan                                          |  |                 | 07/03/13 |  |              |      | 07/03/17 |               |   |   | 1             |  |   |                  | * |   |                     |         | 10.00 | %                                     |   | $       | 0        |  |  | $         | 800   |  |  | $ | 800   |  |  | $ | 796   | 
|                                                                                                            |  | + |  | Packaging Specialists (interest rate includes PIK interest of 6.00%) |  | Term Loan                                          |  |                 | 04/01/08 |  |              |      | 12/31/14 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 14.00 | %                                     |   | $       | 224      |  |  |           |       |  |  | $ | 2,214 |  |  | $ | 2,214 | 
|                                                                                                            |  |   |  | Dynamic Systems (interest rate includes PIK interest of 3.50%)       |  | Term Loan                                          |  |                 | 12/23/10 |  |              |      | 12/23/17 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 15.50 | %                                     |   | $       | 100      |  |  |           |       |  |  | $ | 1,925 |  |  | $ | 1,925 | 
|                                                                                                            |  | + |  | PACA Foods &                                                         |  | Term Loan                                          |  |                 | 12/31/10 |  |              |      | 12/31/15 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 13.00 | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 2,375 |  |  | $ | 1,774 | 
|                                                                                                            |  |   |  | Process Fab & (interest rate includes PIK interest of 8.00%)         |  | Term Loan                                          |  |                 | 04/17/08 |  |              |      | 12/31/15 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 8.00  | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 4,500 |  |  | $ | 1,590 | 
|                                                                                                            |  | + |  | RespirTech                                                           |  | Term Loan                                          |  |                 | 04/25/12 |  |              |      | 04/25/17 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 12.00 | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 1,500 |  |  | $ | 1,507 | 
|                                                                                                            |  |   |  | Orchard &                                                            |  | Term Loan                                          |  |                 | 03/10/99 |  |              |      | 03/31/10 |               |   |   | 1             |  |   |                  | 1 | % |                     |         | 13.00 | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 1,390 |  |  | $ | 1,390 | 
|                                                                                                            |  | + |  | Door Engineering                                                     |  | Term Loan                                          |  |                 | 12/15/04 |  |              |      | 12/31/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 13.00 | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 1,050 |  |  | $ | 1,046 | 
|                                                                                                            |  | + |  | Storflex (interest rate includes PIK interest of 2.00%)              |  | Term Loan                                          |  |                 | 07/17/12 |  |              |      | 07/17/17 |               |   |   | 1             |  |   |                  | * |   |                     |         | 14.00 | %                                     |   | $       | 0        |  |  |           |       |  |  | $ | 1,000 |  |  | $ | 1,010 | 
|                                                                                                            |  | + |  | Waltek &                                                             |  | Term Loan                                          |  |                 | 03/31/06 |  |              |      | 03/31/14 |               |   |   | 1             |  |   |                  | * |   |                     |         | 12.00 | %                                     |   | $       | 20       |  |  |           |       |  |  | $ | 992   |  |  | $ | 992   | 
|                                                                                                            |  | + |  | DMI Acquisition (interest rate includes PIK interest of 2.00%)       |  | Term Loan                                          |  |                 | 06/22/12 |  |              |      | 06/22/15 |               |   |   | 1             |  |   |                  | * |   |                     |         | 14.00 | %                                     |   | $       | 20       |  |  |           |       |  |  | $ | 645   |  |  | $ | 651   | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                                                                   |  |   |  |                                                             |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |   |  |                  |       |   |                     |   |       |                                       |  |   |          |  |  |           |        |  |  |   |        |  |  |   |       | 
|------------------------------------------------------------------ |  | - |  | ----------------------------------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ |  | -------- | ------------- |  |  | ------------- | - |  | ---------------- | ----- | - | ------------------- | - | ----- | ------------------------------------- |  | - | -------- |  |  | --------- | ------ |  |  | - | ------ |  |  | - | ----- | 
|(Dollars in thousands)                                             |  |   |  | Obligor Name                                                |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |  |          | No. ofInvest. |  |  | % ofNetAssets |   |  | InterestRate
(1) |       |   | CapitalizedInterest |   |       | OriginalCost 
of2013Acquisitions 
(5) |  |   | Cost (4) |  |  | FairValue |       
|Information (14% of the total)                                     |  |   |  | US Internet                                                 |  | Term Loan                                          |  |                 | 06/12/13 |  |              |  | 06/12/20 |               |  |  | 1             |   |  |                  | 1     | % |                     |   | 14.50 | %                                     |  | $ | 0        |  |  | $         | 3,000  |  |  | $ | 3,000  |  |  | $ | 3,019 | 
|                                                                   |  |   |  | Centare (interest rate includes PIK interest of 2.00%)      |  | Term Loan                                          |  |                 | 08/30/13 |  |              |  | 08/30/18 |               |  |  | 1             |   |  |                  | 1     | % |                     |   | 14.00 | %                                     |  | $ | 0        |  |  | $         | 2,500  |  |  | $ | 2,500  |  |  | $ | 2,482 | 
|Arts, Entertainment, and Recreation (10% of the total)             |  |   |  | RPAC Racing (interest rate includes PIK interest of 10.00%) |  | Term Loan                                          |  |                 | 11/19/10 |  |              |  | 11/19/15 |               |  |  | 1             |   |  |                  | 2     | % |                     |   | 10.00 | %                                     |  | $ | 1,091    |  |  |           |        |  |  | $ | 4,131  |  |  | $ | 4,131 | 
|Administrative and Support Services (9% of the total)              |  |   |  | Staff One &                                                 |  | Term Loan                                          |  |                 | 06/30/08 |  |              |  | 03/31/15 |               |  |  | 1             |   |  |                  | 1     | % |                     |   | 3.00  | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 2,964  |  |  | $ | 2,964 | 
|                                                                   |  |   |  | Staff One &                                                 |  | Term Loan                                          |  |                 | 09/15/11 |  |              |  | 03/31/15 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 3.00  | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 485    |  |  | $ | 485   | 
|                                                                   |  |   |  | Ecological Systems (ESI) &                                  |  | Term Loan                                          |  |                 | 01/14/05 |  |              |  | 01/14/10 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 0.00  | %                                     |  | $ | 44       |  |  |           |        |  |  | $ | 628    |  |  | $ | 43    | 
|Professional, Scientific, and Technical Services (6% of the total) |  | + |  | Portu-Sunberg                                               |  | Term Loan                                          |  |                 | 12/31/12 |  |              |  | 12/31/17 |               |  |  | 1             |   |  |                  | 1     | % |                     |   | 12.00 | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 2,500  |  |  | $ | 2,511 | 
|                                                                   |  |   |  | McCaully &                                                  |  | Term Loan                                          |  |                 | 10/26/11 |  |              |  | 11/01/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 10.00 | %                                     |  | $ | 46       |  |  |           |        |  |  | $ | 46     |  |  | $ | 46    | 
|Health Care and Social Assistance (2% of the total)                |  | + |  | Will Vision &                                               |  | Term Loan                                          |  |                 | 06/28/07 |  |              |  | 06/30/17 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 7.00  | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 1,078  |  |  | $ | 760   | 
|Accommodation and Food Services (2% of the total)                  |  |   |  | Javier & David &                                            |  | Term Loan                                          |  |                 | 11/05/10 |  |              |  | 11/05/15 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 9.25  | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 520    |  |  | $ | 518   | 
|                                                                   |  |   |  | Star &                                                      |  | Term Loan                                          |  |                 | 06/30/00 |  |              |  | 10/01/15 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 10.00 | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 958    |  |  | $ | 59    | 
|                                                                   |  |   |  | Multiconcepts &                                             |  | Term Loan                                          |  |                 | 06/30/00 |  |              |  | 10/01/15 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 10.00 | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 1,051  |  |  | $ | 53    | 
|Retail Trade (1% of the total)                                     |  |   |  | Retail &                                                    |  | Term Loan                                          |  |                 | 06/30/00 |  |              |  | 10/01/15 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 10.00 | %                                     |  | $ | 0        |  |  |           |        |  |  | $ | 467    |  |  | $ | 91    | 
|                                                                   |  |   |  |                                                             |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |   |  |                  |       |   |                     |   |       |                                       |  |   |          |  |  |           |        |  |  |   |        |  |  |   |       | 
|Total secured mezzanine
(2)                                        |  |   |  |                                                             |  |                                                    |  |                 |          |  |              |  | 27       |               |  |  | 14            | % |  |                  | 11.69 | % |                     | $ | 1,826 |                                       |  | $ | 7,800    |  |  | $         | 46,100 |  |  | $ | 39,438 | 
|                                                                   |  |   |  |                                                             |  |                                                    |  |                 |          |  |              |  |          |               |  |  |               |   |  |                  |       |   |                     |   |       |                                       |  |   |          |  |  |           |        |  |  |   |        |  |  |   |       | 
|Asset-based (74% New York, 20% New Jersey and 6% all other states) |  |   |  |                                                             |  |                                                    |  |                 |         
|Wholesale Trade (59% of the total)                                 |  |   |  | Capitalsea, LLC ##                                          |  | Revolving line of credit                           |  |                 | 11/07/05 |  |              |  | 11/07/14 |               |  |  | 1             |   |  |                  | 1     | % |                     |   | 4.50  | %                                     |  |   |          |  |  |           |        |  |  | $ | 2,902  |  |  | $ | 2,799 | 
|                                                                   |  |   |  | Newburg Egg Corp. ##                                        |  | Revolving line of credit                           |  |                 | 03/16/99 |  |              |  | 03/16/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.00  | %                                     |  |   |          |  |  |           |        |  |  | $ | 345    |  |  | $ | 334   | 
|                                                                   |  |   |  | Atlantic Veal & Lamb, Inc. ##                               |  | Revolving line of credit                           |  |                 | 08/15/01 |  |              |  | 08/15/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.50  | %                                     |  |   |          |  |  |           |        |  |  | $ | 310    |  |  | $ | 300   | 
|                                                                   |  |   |  | REL International                                           |  | Revolving line of credit                           |  |                 | 04/11/07 |  |              |  | 04/11/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 272    |  |  | $ | 259   | 
|                                                                   |  |   |  | Pride of Neptune, Inc. ##                                   |  | Revolving line of credit                           |  |                 | 01/14/02 |  |              |  | 01/14/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 4.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 250    |  |  | $ | 242   | 
|                                                                   |  |   |  | Magic Moments &                                             |  | Revolving line of credit                           |  |                 | 01/23/08 |  |              |  | 01/23/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 190    |  |  | $ | 183   | 
|                                                                   |  |   |  | Snow Shoe Refractories, LLC                                 |  | Revolving line of credit                           |  |                 | 11/30/11 |  |              |  | 11/30/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.00  | %                                     |  |   |          |  |  |           |        |  |  | $ | 120    |  |  | $ | 109   | 
|                                                                   |  |   |  | Southstream Seafoods, Inc                                   |  | Revolving line of credit                           |  |                 | 06/01/12 |  |              |  | 06/01/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 90     |  |  | $ | 84    | 
|                                                                   |  |   |  | Banner Smoked Fish, Inc. ##                                 |  | Revolving line of credit                           |  |                 | 03/27/01 |  |              |  | 03/27/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 54     |  |  | $ | 52    | 
|                                                                   |  |   |  | Two Cousins Fish Market, Inc.                               |  | Revolving line of credit                           |  |                 | 01/23/99 |  |              |  | 01/23/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 23     |  |  | $ | 22    | 
|                                                                   |  |   |  | Benco Inc.                                                  |  | Revolving line of credit                           |  |                 | 11/06/13 |  |              |  | 11/06/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.25  | %                                     |  |   |          |  |  | $         | 26     |  |  | $ | 32     |  |  | $ | 35    | 
|Transportation and Warehousing (14% of the total)                  |  |   |  | Fleet Radio Dispatch Corp. ##                               |  | Revolving line of credit                           |  |                 | 12/31/01 |  |              |  | 12/31/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.00  | %                                     |  |   |          |  |  |           |        |  |  | $ | 765    |  |  | $ | 740   | 
|                                                                   |  |   |  | Chauffeured Services Unlimited &                            |  | Revolving line of credit                           |  |                 | 05/02/06 |  |              |  | 05/02/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 8.00  | %                                     |  |   |          |  |  |           |        |  |  | $ | 205    |  |  | $ | 198   | 
|                                                                   |  |   |  | Big Daddy Drayage, Inc.                                     |  | Revolving line of credit                           |  |                 | 10/18/06 |  |              |  | 10/18/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 146    |  |  | $ | 133   | 
|Retail Trade (11% of the total)                                    |  |   |  | The Dependable Food Corp. ##                                |  | Revolving line of credit                           |  |                 | 10/19/98 |  |              |  | 10/19/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 4.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 460    |  |  | $ | 445   | 
|                                                                   |  |   |  | CNC Associated N.Y.                                         |  | Revolving line of credit                           |  |                 | 07/24/01 |  |              |  | 07/24/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 170    |  |  | $ | 164   | 
|                                                                   |  |   |  | Cyrus R. Fox, Inc. ##                                       |  | Revolving line of credit                           |  |                 | 08/31/06 |  |              |  | 08/31/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 149    |  |  | $ | 136   | 
|                                                                   |  |   |  | Colt, Inc.                                                  |  | Revolving line of credit                           |  |                 | 10/12/04 |  |              |  | 10/12/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.44  | %                                     |  |   |          |  |  |           |        |  |  | $ | 47     |  |  | $ | 42    | 
|                                                                   |  |   |  | I & E Tire Corp. ##                                         |  | Revolving line of credit                           |  |                 | 12/21/98 |  |              |  | 12/21/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 26     |  |  | $ | 25    | 
|Construction (6% of the total)                                     |  |   |  | Triple A. Supplies, Inc. ##                                 |  | Revolving line of credit                           |  |                 | 07/20/99 |  |              |  | 07/20/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 256    |  |  | $ | 248   | 
|                                                                   |  |   |  | Walsh Electrical Contracting                                |  | Revolving line of credit                           |  |                 | 02/26/13 |  |              |  | 02/26/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.25  | %                                     |  |   |          |  |  | $         | 363    |  |  | $ | 144    |  |  | $ | 142   | 
|                                                                   |  |   |  | Mathusek, Incorporated                                      |  | Revolving line of credit                           |  |                 | 07/23/13 |  |              |  | 07/23/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.75  | %                                     |  |   |          |  |  | $         | 10     |  |  | $ | 28     |  |  | $ | 32    | 
|Manufacturing (5% of the total)                                    |  |   |  | Absecon Mills, Inc. ##                                      |  | Revolving line of credit                           |  |                 | 07/07/04 |  |              |  | 07/07/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 210    |  |  | $ | 197   | 
|                                                                   |  |   |  | Douglass Industries, Inc. ##                                |  | Revolving line of credit                           |  |                 | 07/07/04 |  |              |  | 07/07/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 128    |  |  | $ | 122   | 
|                                                                   |  |   |  | Matthew Die Division LLC                                    |  | Revolving line of credit                           |  |                 | 02/18/10 |  |              |  | 02/18/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.25  | %                                     |  |   |          |  |  |           |        |  |  | $ | 28     |  |  | $ | 26    | 
|                                                                   |  |   |  | JLM Couture Inc.                                            |  | Revolving line of credit                           |  |                 | 06/22/10 |  |              |  | 06/22/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 5.75  | %                                     |  |   |          |  |  |           |        |  |  | $ | 11     |  |  | $ | 8     | 
|                                                                   |  |   |  | Fine Line Graphics, Inc.                                    |  | Revolving line of credit                           |  |                 | 11/29/05 |  |              |  | 11/29/14 |               |  |  | 1             |   |  |                  | *     |   |                     |   | 6.50  | %                                     |  |   |          |  |  |           |        |  |  | $ | 11     |  |  | $ | 1     | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                                                                                                 |  |  |  |                                                                        |  |                                                    |  |                 |          |  |              |       |          |               |   |       |               |  |   |                  |    |   |                     |        |       |                                       |   |        |          |  |  |           |     |  |  |   |         |  |  |   |         | 
|------------------------------------------------------------------------------------------------ |  |  |  | ---------------------------------------------------------------------- |  | -------------------------------------------------- |  | --------------- | -------- |  | ------------ | ----- | -------- | ------------- | - | ----- | ------------- |  | - | ---------------- | -- | - | ------------------- | ------ | ----- | ------------------------------------- | - | ------ | -------- |  |  | --------- | --- |  |  | - | ------- |  |  | - | ------- | 
|(Dollars in thousands)                                                                           |  |  |  | Obligor Name                                                           |  | Security Type(all restricted unlessotherwisenoted) |  | AcquisitionDate |          |  | MaturityDate |       |          | No. ofInvest. |   |       | % ofNetAssets |  |   | InterestRate
(1) |    |   | CapitalizedInterest |        |       | OriginalCost 
of2013Acquisitions 
(5) |   |        | Cost (4) |  |  | FairValue |    
|Health Care and Social Assistance (2% of the total)                                              |  |  |  | Mrs. Marys Place HCSInc. ##                                           |  | Revolving line of credit                           |  |                 | 10/02/07 |  |              |       | 10/02/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 5.75  | %                                     |   |        |          |  |  |           |     |  |  | $ | 125     |  |  | $ | 109     | 
|                                                                                                 |  |  |  | Heart to Heart Health Care                                             |  | Revolving line of credit                           |  |                 | 11/09/12 |  |              |       | 11/09/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 5.82  | %                                     |   |        |          |  |  |           |     |  |  | $ | 48      |  |  | $ | 43      | 
|Administrative and Support Services (2% of the total)                                            |  |  |  | Raritan Building Service Corp                                          |  | Revolving line of credit                           |  |                 | 06/30/07 |  |              |       | 06/30/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 5.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 159     |  |  | $ | 151     | 
|Finance and Insurance (1% of the total)                                                          |  |  |  | RAS Group, Inc. &                                                      |  | Revolving line of credit                           |  |                 | 02/14/08 |  |              |       | 02/14/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 5.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 99      |  |  | $ | 94      | 
|                                                                                                 |  |  |  |                                                                        |  |                                                    |  |                 |          |  |              |       |          |               |   |       |               |  |   |                  |    |   |                     |        |       |                                       |   |        |          |  |  |           |     |  |  |   |         |  |  |   |         | 
|Total asset-based ($5,977 pledged as collateral under borrowing arrangements)                    |  |  |  | 31                                                                     |  |                                                    |  | 3               | %        |  |              | 5.32  | %        |               | $ | 0     |               |  | $ | 399              |    |   | $                   | 7,803  |       |                                       | $ | 7,475  |         
|                                                                                                 |  |  |  |                                                                        |  |                                                    |  |                 |          |  |              |       |          |               |   |       |               |  |   |                  |    |   |                     |        |       |                                       |   |        |          |  |  |           |     |  |  |   |         |  |  |   |         | 
|Other secured commercial (73% New York, 26% New Jersey, 1% Illinois)                             |  |  |  |                                                                        |  |                                                    |  |                 |         
|Retail Trade (77% of the total)                                                                  |  |  |  | Medallion Fine Art Inc (interest rate includes PIK interest of 12.00%) |  | Term Loan                                          |  |                 | 12/17/12 |  |              |       | 12/17/17 |               |   |       | 1             |  |   |                  | 2  | % |                     |        | 12.00 | %                                     |   | $      | 376      |  |  |           |     |  |  | $ | 5,977   |  |  | $ | 5,977   | 
|                                                                                                 |  |  |  | Guyonamar Food Corp                                                    |  | Term Loan                                          |  |                 | 03/17/11 |  |              |       | 03/17/16 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.25  | %                                     |   |        |          |  |  |           |     |  |  | $ | 651     |  |  | $ | 647     | 
|                                                                                                 |  |  |  | Antonio Rosado                                                         |  | Term Loan                                          |  |                 | 03/15/12 |  |              |       | 03/15/17 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 599     |  |  | $ | 595     | 
|                                                                                                 |  |  |  | La Conga Food Market Inc                                               |  | Term Loan                                          |  |                 | 10/09/12 |  |              |       | 01/09/20 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.00  | %                                     |   |        |          |  |  |           |     |  |  | $ | 542     |  |  | $ | 537     | 
|                                                                                                 |  |  |  | Anthony Supermarket LLC                                                |  | Term Loan                                          |  |                 | 04/02/13 |  |              |       | 07/02/18 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.00  | %                                     |   |        |          |  |  | $         | 500 |  |  | $ | 467     |  |  | $ | 463     | 
|                                                                                                 |  |  |  | La Conga Meat Market Inc                                               |  | Term Loan                                          |  |                 | 12/17/13 |  |              |       | 03/17/20 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.00  | %                                     |   |        |          |  |  | $         | 400 |  |  | $ | 400     |  |  | $ | 396     | 
|                                                                                                 |  |  |  | Ar Supermarket LLC                                                     |  | Term Loan                                          |  |                 | 08/02/13 |  |              |       | 08/02/18 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 8.50  | %                                     |   |        |          |  |  | $         | 375 |  |  | $ | 367     |  |  | $ | 364     | 
|                                                                                                 |  |  |  | 616 Broadway LLC                                                       |  | Term Loan                                          |  |                 | 02/10/11 |  |              |       | 12/17/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 8.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 322     |  |  | $ | 323     | 
|                                                                                                 |  |  |  | F.J.P. Meat Market Inc                                                 |  | Term Loan                                          |  |                 | 02/06/12 |  |              |       | 09/06/17 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 286     |  |  | $ | 285     | 
|                                                                                                 |  |  |  | Drr Enterprises LLC                                                    |  | Term Loan                                          |  |                 | 10/28/08 |  |              |       | 10/17/18 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 10.50 | %                                     |   |        |          |  |  |           |     |  |  | $ | 159     |  |  | $ | 159     | 
|                                                                                                 |  |  |  | Moderne Barn Wines&Spirits Inc                                         |  | Term Loan                                          |  |                 | 05/09/13 |  |              |       | 05/09/18 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 4.75  | %                                     |   |        |          |  |  | $         | 150 |  |  | $ | 134     |  |  | $ | 135     | 
|                                                                                                 |  |  |  | New Era Meat Supermarket LLC                                           |  | Term Loan                                          |  |                 | 09/13/06 |  |              |       | 09/16/16 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 10.00 | %                                     |   |        |          |  |  |           |     |  |  | $ | 79      |  |  | $ | 79      | 
|                                                                                                 |  |  |  | Mi Favorita FoodCorp &                                                 |  | Term Loan                                          |  |                 | 08/13/09 |  |              |       | 12/26/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.25  | %                                     |   |        |          |  |  |           |     |  |  | $ | 51      |  |  | $ | 51      | 
|                                                                                                 |  |  |  | 39-04 Skillman LLC & G&A Auto                                          |  | Term Loan                                          |  |                 | 08/04/11 |  |              |       | 08/04/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 6.00  | %                                     |   |        |          |  |  |           |     |  |  | $ | 46      |  |  | $ | 46      | 
|                                                                                                 |  |  |  | G&C Grocery Inc &                                                      |  | Term Loan                                          |  |                 | 05/19/08 |  |              |       | 08/23/15 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 0.00  | %                                     |   |        |          |  |  |           |     |  |  | $ | 45      |  |  | $ | 45      | 
|                                                                                                 |  |  |  | Julio Castillo                                                         |  | Term Loan                                          |  |                 | 08/18/08 |  |              |       | 03/03/15 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 39      |  |  | $ | 39      | 
|Accommodation and Food Services (19% of the total)                                               |  |  |  | Dune Deck OwnersCorp ##                                                |  | Term Loan                                          |  |                 | 04/24/07 |  |              |       | 03/31/14 |               |   |       | 1             |  |   |                  | 1  | % |                     |        | 7.25  | %                                     |   |        |          |  |  |           |     |  |  | $ | 2,074   |  |  | $ | 2,074   | 
|                                                                                                 |  |  |  | Bistro Caterers Corporation                                            |  | Term Loan                                          |  |                 | 07/25/13 |  |              |       | 07/25/18 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 9.00  | %                                     |   |        |          |  |  | $         | 260 |  |  | $ | 256     |  |  | $ | 255     | 
|                                                                                                 |  |  |  | El Tropico Family Rest Ii LLC &                                        |  | Term Loan                                          |  |                 | 11/29/05 |  |              |       | 03/18/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 7.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 278     |  |  | $ | 219     | 
|                                                                                                 |  |  |  | Pc One Inc                                                             |  | Term Loan                                          |  |                 | 05/25/05 |  |              |       | 03/25/15 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 8.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 81      |  |  | $ | 81      | 
|Real Estate and Rental and Leasing (2% of the total)                                             |  |  |  | Rala Management                                                        |  | Term Loan                                          |  |                 | 04/22/99 |  |              |       | 09/01/15 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 4.75  | %                                     |   |        |          |  |  |           |     |  |  | $ | 90      |  |  | $ | 90      | 
|                                                                                                 |  |  |  | Thursday Morning Inc                                                   |  | Term Loan                                          |  |                 | 04/01/10 |  |              |       | 04/01/15 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 6.00  | %                                     |   |        |          |  |  |           |     |  |  | $ | 77      |  |  | $ | 77      | 
|                                                                                                 |  |  |  | T.P. Hon LLC                                                           |  | Term Loan                                          |  |                 | 07/15/13 |  |              |       | 07/15/16 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 4.00  | %                                     |   |        |          |  |  | $         | 40  |  |  | $ | 35      |  |  | $ | 36      | 
|Other Services (except Public Administration) (1% of the total)                                  |  |  |  | 2617 S Wabash Ave Realty LLC                                           |  | Term Loan                                          |  |                 | 01/16/04 |  |              |       | 01/16/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 5.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 121     |  |  | $ | 121     | 
|                                                                                                 |  |  |  | Newco Laundry Systems I Inc                                            |  | Term Loan                                          |  |                 | 05/02/09 |  |              |       | 05/02/14 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 6.50  | %                                     |   |        |          |  |  |           |     |  |  | $ | 25      |  |  | $ | 25      | 
|Health Care and Social Assistance (1% of the total)                                              |  |  |  | Craig Feuerman M.D. P.C.                                               |  | Term Loan                                          |  |                 | 05/14/13 |  |              |       | 05/14/18 |               |   |       | 1             |  |   |                  | *  |   |                     |        | 7.50  | %                                     |   |        |          |  |  | $         | 150 |  |  | $ | 135     |  |  | $ | 136     | 
|                                                                                                 |  |  |  |                                                                        |  |                                                    |  |                 |          |  |              |       |          |               |   |       |               |  |   |                  |    |   |                     |        |       |                                       |   |        |          |  |  |           |     |  |  |   |         |  |  |   |         | 
|Total other secured commercial loans ($2,074 pledged as collateral under borrowing
arrangements) |  |  |  | 26                                                                     |  |                                                    |  | 5               | %        |  |              | 9.89  | %        |               | $ | 376   |               |  | $ | 1,875            |    |   | $                   | 13,336 |       |                                       | $ | 13,255 |         
|                                                                                                 |  |  |  |                                                                        |  |                                                    |  |                 |          |  |              |       |          |               |   |       |               |  |   |                  |    |   |                     |        |       |                                       |   |        |          |  |  |           |     |  |  |   |         |  |  |   |         | 
|Total commercial loans ($8,051 pledged as collateral under borrowing arrangements)(2)            |  |  |  | 84                                                                     |  |                                                    |  | 22              | %        |  |              | 10.60 | %        |               | $ | 2,202 |               |  | $ | 10,074           |    |   | $                   | 67,239 |       |                                       | $ | 60,168 |         
|                                                                                                 |  |  |  |                                                                        |  |                                                    |  |                 |          |  |              |       |          |               |   |       |               |  |   |                  |    |   |                     |        |       |                                       |   |        |          |  |  |           |     |  |  |   |         |  |  |   |         | 
|Commercial Banking                                                                               |  |  |  | Medallion Bank **                                                      |  | 100% of common stock                               |  |                 | 05/16/02 |  |              |       | None     |               |   |       | 1             |  |   |                  | 37 | % |                     |        | 11.83 | %                                     |   | $      | 0        |  |  |           |     |  |  | $ | 101,478 |  |  | $ | 101,478 | 
|Art Dealer                                                                                       |  |  |  | Medallion Fine Art, Inc.                                               |  | 100% of common stock                               |  |                 | 12/03/12 |  |              |       | None     |               |   |       | 1             |  |   |                  | 1  | % |                     |        | 0.00  | %                                     |   | $      | 0        |  |  |           |     |  |  | $ | 1,880   |  |  | $ | 1,880   | 
|Real Estate                                                                                      |  |  |  | Medallion Hamptons Holding LLC                                         |  | 100% of membershipinterests                        |  |                 | 06/21/05 |  |              |       | None     |               |   |       | 1             |  |   |                  | 1  | % |                     |        | 0.00  | %                                     |   | $      | 0        |  |  |           |     |  |  | $ | 3,750   |  |  | $ | 3,750   | 
|Loan Servicing                                                                                   |  |  |  | Medallion Servicing Corp.                                              |  | 100% of common stock                               |  |                 | 11/05/10 |  |              |       | None     |               |   |       | 1             |  |   |                  | *  |   |                     |        | 0.00  | %                                     |   | $      | 0        |  |  |           |     |  |  | $ | 822     |  |  | $ | 822     | 



---

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2013



|                                                                                 |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|-------------------------------------------------------------------------------- |  | - | --- | ---------------------------------------------- |  | ----------------------------------------------------- | --- | --------------- |  | ------------ | ----- | ------------- | -- | - | ------------- |  | - | ---------------- | ------- |  | ------------------- | - | ------- | ---------------------------------- | - | - | -------- | - | - | --------- |  | - | ----- |  |  | - | ----- | 
|(Dollars inthousands)                                                            |  |   |     | Obligor Name                                   |  | Security Type
(all restricted unless otherwise noted) |     | AcquisitionDate |  | MaturityDate |       | No. ofInvest. |    |   | % ofNetAssets |  |   | InterestRate (1) |         |  | CapitalizedInterest |   |         | OriginalCost of2013Acquisitions(5) |   |   | Cost (4) |   |   | FairValue | 
|Professional Sports Team                                                         |  |   |     | Lax Group LLC                                  |  | 42% of membership interests                           |     | 5/23/2012       |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 254   |  |  | $ | 254   | 
|Advertising                                                                      |  |   |     | Generation Outdoor, Inc.                       |  | 100% of common stock                                  |     | 12/20/04        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 439   |  |  | $ | 439   | 
|                                                                                 |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|Investment in Medallion Bank and other controlled subsidiaries, net              |  |   | 6   |                                                |  |                                                       | 40  | %               |  |              | 11.05 | %             |    | $ | 0             |  |   | $                | 0       |  |                     | $ | 108,623 |                                    |   | $ | 108,623  |  
|                                                                                 |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|Equity investments                                                               |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|Commercial Finance                                                               |  |   |     | Convergent Capital, Ltd **                     |  | 7% of limited partnership interest                    |     | 07/20/07        |  | None         |       |               | 1  |   |               |  | 1 | %                |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 1,132 |  |  | $ | 1,981 | 
|Banking                                                                          |  |   |     | FNBNY, Inc.                                    |  | *                                                     |     | 03/30/12        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 750   |  |  | $ | 75    | 
|Appliance Recycler #                                                             |  |   |     | Appliance Recycling Centers ofAmerica, Inc. ** |  | 8.86% of common stock                                 |     | 09/10/98        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 0     |  |  | $ | 1,299 | 
|NASCAR Race Team                                                                 |  |   |     | Medallion MotorSports, LLC                     |  | 75% of limited liability interest                     |     | 11/24/10        |  | None         |       |               | 1  |   |               |  | 1 | %                |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 1,954 |  |  | $ | 1,954 | 
|Bakery                                                                           |  |   |     | Quaker Bakery                                  |  | * of senior preferred stock                           |     | 03/28/12        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 359   |  |  | $ | 359   | 
|Machinery Manufacturer                                                           |  | + |     | Reel Power International, Inc.                 |  | 2.65% of common stock                                 |     | 08/04/08        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 318   |  |  | $ | 318   | 
|Real Estate Investment                                                           |  |   |     | PMC Commercial Trust **                        |  | *                                                     |     | 12/30/10        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 5.81                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 902   |  |  | $ | 281   | 
|Surgical Instruments                                                             |  |   |     | Summit Medical, Inc.                           |  | 9.25% of common stock                                 |     | 11/01/10        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 134   |  |  | $ | 135   | 
|IT Services                                                                      |  |   |     | Centare                                        |  | 7.23% of common stock, 3.88% of preferred stock       |     | 08/30/13        |  | None         |       |               | 1  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 103   |  |  | $ | 103   | 
|Employee Leasing Services                                                        |  |   |     | Staff One                                      |  | 46.4% preferred stock                                 |     | 06/30/08        |  | None         |       |               | 2  |   |               |  | * |                  |         |  | 0.00                | % |         | $                                  | 0 |   |          |   |   |           |  | $ | 472   |  |  | $ | 0     | 
|                                                                                 |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|Equity investments, net                                                          |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               | 11 |   |               |  | 2 | %                |         |  | 0.86                | % |         | $                                  | 0 |   |          | $ | 0 |           |  | $ | 6,124 |  |  | $ | 6,505 | 
|                                                                                 |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|Investment securities                                                            |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|Investment securities, net                                                       |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               | 0  |   |               |  | 0 | %                |         |  | 0.00                | % |         | $                                  | 0 |   |          | $ | 0 |           |  | $ | 0     |  |  | $ | 0     | 
|                                                                                 |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 
|Net Investments ($241,840 pledged as collateral under borrowing arrangements)(3) |  |   | 755 |                                                |  |                                                       | 173 | %               |  |              | 6.49  | %             |    | $ | 2,202         |  |   | $                | 206,047 |  |                     | $ | 479,604 |                                    |   | $ | 473,157  |  
|                                                                                 |  |   |     |                                                |  |                                                       |     |                 |  |              |       |               |    |   |               |  |   |                  |         |  |                     |   |         |                                    |   |   |          |   |   |           |  |   |       |  |  |   |       | 



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

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

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

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

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

|* | Less than 1.0%
|- | --------------

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

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

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

|## | Pledged as collateral under borrowing arrangements.
|-- | ---------------------------------------------------

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