Financial Federal Corp.

Public Company, Headquarters Location
733 3rd Ave., 24th Fl., New York, NY 10017-3222, United States
(212)599-8000, (212)286-5885 fax, http://www.financialfederal.com

Primary SIC: Misc. Business Credit Institutions, Primary NAICS: All Other Non-Depository Credit Intermediation
Description: Financial Federal Corporation was incorporated in Nevada in 1989. The company provides collateralized lending, financing and leasing services nationwide to small and medium-sized businesses with annual revenues typically below 25 million dollars. These customers are in the general construction, road and infrastructure construction and repair, road transportation and refuse industries. Financial Federal finances new and used revenue-producing, essential-use equipment from major manufacturers that is movable, has an economic life longer than the term financed, is not subject to rapid technological obsolescence, can be used in more than one type of business and has broad resale markets. Financial Federal has marketing personnel in over 20 locations nationwide, including eight full-service operations centers in Texas, North Carolina, New Jersey, Illinois and California. The company originates finance receivables through relationships with equipment dealers and, to a lesser extent, manufacturers and by marketing services direct to equipment users needing to acquire equipment or refinance debt. Equipment vendors refer their customers to Financial Federal for direct financing and the company purchases installment sale contracts, leases and personal property security agreements from vendors who extended credit to their customers. Financial Federal also provides capital loans and lease equipment typically under non-cancelable, full-payout leases.Finance: Finances industrial and commercial equipment through installment sales and leasing programs for manufacturers, dealers and end users of such equipment and holding company.