Tag Archives: taxi medallion finance

Update: Uber Driving Medallion Taxis Underwater!

banking,taxi medallions,Uber,Lyft

Several weeks ago an article titled, ‘Because Of Uber, Are Taxi Medallion Lenders A Shorting Opportunity?‘ examined the painful impact that Uber is having on the taxi medallion financing industry! Not to mention the pain being caused due to a loss in the ability of the drivers who lease the taxis from the owners to make a living […]