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FIF

 
Hoover's Profile: Financial Federal Corporation
(NYSE:FIF)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Financial Federal Corporation
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

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(Fractal Image Format) A graphics file format from content management company Interwoven, Inc. San Jose, CA www.interwoven.com) that stores fractal images with compression ratios as high as 2,500:1. FIF was originally from MediaBin, Inc., a digital asset management firm, once known as Iterated Systems and acquired by Interwoven in 2003. See fractals.

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