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Home > Company Index > Financial Services > Leasing > MicroFinancial Incorporated

MicroFinancial Incorporated
NYSE: MFI
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 NEWS FROM THE WIRES
Massachusetts probing lease deals, MicroFinancial says
Aug 14 2001 08:22 AM PDT

Maple Leaf Q2 net soars on pork, bread sales
Jul 27 2001 05:26 AM PDT

More WIRE STORIES about this company

 PROFILE
MicroFinancial isn't as small as it sounds. The "microticket" (items generally valued between $400 and $3,000) leasing company originates nearly 80,000 leases a year through about 1,000 dealers across the US (California accounts for 15% of sales). Operating through subsidiary Leasecomm, the firm leases or rents low-priced office and commercial equipment (including credit card terminals, ATMs, and vending machines) to small and medium-sized businesses that can't afford outright purchases. It also rents to companies with limited or poor credit histories. With Internet-based application processor LeasecommDirect, leases can be automatically approved in minutes. MicroFinancial occasionally purchases lease portfolios.

 COMPETITION
Electronic Clearing House, Inc. (ECHOC)
SierraCities.com Inc. (dossier)
Sunrise International Leasing Corporation (dossier)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 127.30
1-Yr. Sales Growth: 29.4%
Employees: 317
Revenue per employee: $401,577.29

 KEY PEOPLE
• Peter R. Bleyleben
    CEO
• Richard F. Latour
    CFO

 CONTACT INFO
950 Winter St., Ste. 4100
Waltham, MA 02451
US
Phone: 781-890-0177
Fax: 781-890-1368
Online: Web Site

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