MicroFinancial Incorporated operates in the Misc. business credit institutions sector. MicroFinancial Incorporated (MicroFinancial) operates primarily 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. The Company provides financing alternatives to a wide range of lessees ranging from start-up businesses to established enterprises. It primarily lease and rent low-priced commercial equipment, which is used by these lessees in their daily operations. MicroFinancial does not market its services directly to lessees. It primarily sources its originations through a nationwide network of independent equipment vendors, sales organizations, brokers and other dealer-based origination networks. It provides financing to obligors under microticket leases and contracts through a nationwide network of equipment vendors, independent sales organizations and brokers. In
our complete report available for purchase the company is compared to: Franklin Credit Holding Corporation, Nicholas Financial Incorporated and FirstCity Financial Corporation.