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 Microfinancial (NASDAQ:MFI)

Company Description

MicroFinancial Incorporated (MicroFinancial) provides financing alternatives to a range of lessees ranging from start-up businesses to established businesses. The Company operates through its wholly-owned subsidiaries, TimePayment Corp. (TimePayment) and Leasecomm Corporation (Leasecomm). TimePayment is a specialized commercial finance company that leases and rents microticket equipment and provides other financing services. It primarily lease and rent low-priced commercial equipment, which is used by these lessees in their daily operations. The Company operates in leasing and renting of equipment and other financing services.

Web site: http://www.microfinancial.com/

Last updated April 5, 2010