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Balance Sheet Cash Flow Statement 733 3rd Ave. New York, NY 10017 NY Tel. 212-599-8000 Fax 212-286-5885 |
Type: Public
On the web:
http://www.financialfederal.com
Employees:
206
Employee growth: (8.4%)
Has your crane been grounded, your Caterpillar lost its wiggle, or your bulldozer become hamburger? Financial Federal may be able to help. The company provides loans, leases, and installment sales plans for heavy-duty industrial and commercial equipment such as bulldozers, buses, cement mixers, cranes, earthmovers, trucks, recycling equipment, and machine tools. Financial Federal's customers are primarily construction firms, waste-disposal firms, and trucking companies in the US that have up to $25 million in annual sales. Virtually all of its finance receivables are secured by first liens on the equipment financed. People's United Financial agreed to buy the company in 2009 for about $738 million.
Key numbers for fiscal year ending July, 2009:
Sales: $107.7M
One year growth: (4.7%)
Net income: $43.1M
Income growth: (13.8%)
Officers:
Chairman, President, and CEO: Paul R. Sinsheimer
SVP and CFO: Commercial Lending
Competitors:
CIT Group
Citigroup
Wells Fargo Equipment Finance




