MicroFinancial Incorporated (Nasdaq:MFI), a financial intermediary specializing in vendor based leasing and finance programs for micro-ticket transactions, announced today that for the fourth consecutive year, it is listed as one of the Top 100 Equipment Leasing Companies in the United States according to the 2013 Edition of the Monitor 100.
The Monitor 100 is published annually and ranks the largest equipment leasing and finance companies based on net assets and new business volume. The report, published in the 2013 Monitor 100 Special Issue dated June 2013, listed the Company 88th in new business originations and 93rd in net assets for 2012, down slightly from 87th and 89th respectively, from the 2011 rankings.
Richard Latour, President and Chief Executive Officer said, “To be ranked as one of the top 100 leasing companies on the basis of net assets and originations given our focus on micro-ticket transactions is very rewarding. We are extremely pleased to once again be recognized by the Monitor Daily for our accomplishments during 2012.”