Medallion Bank Selects Curomax for Internet-based Loan Origination Capabilities

- Curomax's multi-asset finance application will assist Medallion Bank recreational vehicle clients -

LAS VEGAS, Sept. 27 -- Curomax Limited, a leader in dealer finance e-commerce solutions and the originator of the premier multi-asset finance portal in North America, today announced that Salt Lake City-based Medallion Bank owned by Medallion Financial Corp. , a specialty finance company in the RV industry and other markets, has signed an agreement to be the next lender in the United States to implement the Curomax Internet loan origination platform for recreational vehicle (RV) and marine dealer clients.

This agreement will enable RV and marine dealers nationwide to use the Curomax application to submit consumer loan applications electronically as well as complete the loan contract with Medallion bank through Curomax's internet-based network.

"Medallion is dedicated in providing finance solutions to dealer clients who have qualified customers with credit challenges," said Don Poulton, Senior Vice President and Chief Lending Officer. Medallion Bank specializes in lending to individuals that have experienced some difficulty in their past and may not qualify for traditional bank financing products. "Because we look at each customer's entire ability to make payments, dealers now have the ability to offer financing to more customers."

"The addition of Medallion Bank to the Curomax platform begins the process of rounding out the alternatives for our recreational and marine dealers," said Alan H. Bird, president and CEO of Curomax Limited. "Medallion's product offering and ability to lend in areas not typically reached by traditional banks gives our dealers an additional choice to electronically complete the loan transaction on-line."

About Medallion Bank

Medallion Bank is a FDIC insured Utah industrial bank with a leading position in the origination of loans financing the purchase of taxicab medallions. In addition Medallion Bank finances Recreational Vehicle, Marine and other leisure consumer loans in targeted niche segments. www.medallionbank.com.

About Curomax

Curomax and its industry leading online finance platform connects dealers across North America to provide access to financial institutions and other industry suppliers through a single application over the Internet. Lenders originating business through Curomax are dramatically improving their operational efficiencies, reducing their business costs and improving their product offerings to dealers across the United States and Canada.

More than 10,000 automotive, recreational, marine, power sport, motorcycle and home improvement retailers are secure in the knowledge that the loan or lease structuring information provided through Curomax is precise and designed to maximize rapid response from the selected lender. For additional information about Curomax, visit the company's Web site at www.curomax.com.