MicroFinancial Inc. (Nasdaq: MFI)
MicroFinancial Incorporated, through its subsidiaries, operates as a specialized commercial finance company that provides microticket equipment leasing and rental, and other financing services in the United States. It provides financing alternatives, and leases and rents commercial equipment to start-up businesses and established enterprises for use in their daily operations. The company also leases water filtration systems, food service equipment, security equipment, point of sale cash registers, salon equipment, health care and fitness equipment, and automotive equipment. In addition, it offers consumer financings, which consist of service contracts from dealers that primarily provide residential security monitoring services, as well as consumer leases for a range of consumer products. The company sources its originations through a network of independent equipment vendors, sales organizations, brokers, and other dealer-based origination networks. MicroFinancial Incorporated was founded in 1987 and is headquartered in Burlington, Massachusetts.