Medallion Financial Corp. last week closed its $30 million acquisition of Capital Dimensions Inc., a Minneapolis-based specialized small-business investment company.

Medallion, which is in New York, also said its Business Lenders subsidiary has been approved as a participating lender in the U.S. business and industry guaranteed loan program. The program guarantees up to 80% of a loan's amount, up to a maximum of $10 million, for loans that meet certain criteria.

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