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Taxi medallions
A taxi medallion, also known as a CPNC (Certificate of Public Necessity and Convenience), is a transferable permit in the United States allowing a taxicab driver to operate.
(source: en.wikipedia.org)
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Gig EconomyTaxi Medallion Loans Sold To Distressed Asset Manager For $350M
Marblegate Asset Management, known for buying up distressed assets, now holds the largest lot...
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RidesharingUber’s Latest Taxi Threat: Lenders And Medallion Loan Defaults
Driving a traditional taxi cab is not an inexpensive proposition because the medallions necessary...
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RegulationUber, Lyft's Next Victim: San Francisco's Largest Cab Co.
Whether it's a case of unintended consequences, or just a sign of the changing...
- Merchant Innovation
Taxi Lenders Hit Hard By Uber And The Ridesharing Economy
The fact that the rise of ridesharing has been hard on taxi companies should...
