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Medallion Financial's Subsidiary Medallion Bank Enters Into Multi-Year Definitive Agreement With TL Financial Services
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Medallion Bank (NASDAQ:MBNKO, the "Bank"))), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today it has entered into a multi-year definitive agreement with TL Financial Services, LLC dba Together Loans ("Together Loans"). Together Loans is a fintech company focused on expanding access to credit by offering consumer loans built on a cosigner's trust in the borrower, rather than solely on traditional credit scores or history. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (NASDAQ:MFIN).

Together Loans is the fifth fintech partnership in the Bank's strategic partnership program. In 2025, total strategic partnership loan originations reached $771.6 million, up significantly from $203.6 million in 2024. The Bank is actively evaluating additional high quality partnership opportunities to further scale the program.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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