Marblegate Capital Corporation closed on two financings totaling $137 million to support Signal Taxi's expansion and enhancement.
Financings include a $120 million credit facility with DZ Bank and a $17.2 million term loan with Auxilior Capital Partners.
The funding will be used for modernizing and expanding Signal Taxi's fleet, improving driver experience, exploring growth opportunities, and general corporate purposes.
Financing Details
$120 million revolving loan facility with DZ Bank, New York Branch, and a $17.2 million term loan with Auxilior Capital Partners.
Expansion Plans
Investing in driver experience, acquiring more medallions and WAVs, exploring growth initiatives.
Industry Impact
Leading fleet operator and lender in the NYC taxi market, driving positive change in the industry.
- Signal Taxi and partners added the highest number of new cars in 2025, expanding their presence significantly.
- Marblegate plans to open two new Taxi Clubhouses in NYC, aiming to enhance their services and grow their market share.
Marblegate's financings will fuel the growth of Signal Taxi and contribute to positive industry changes, solidifying their position as a key player in the NYC taxi market.