MICROFINANCIAL INCORPORATED
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                 (In thousands, except share and per share data)
                                   (Unaudited)


                                                                      Exhibit 99
                                                                      ----------

For Release January 28                                         Contact:
9:00 AM                                                        Richard F. Latour
                                                               President and CEO
                                                               Tel: 781-994-4800

                           MICROFINANCIAL INCORPORATED
                      - Company Announces $0.05 Dividend -



Woburn, MA-- January 28, 2005-- MicroFinancial Incorporated (NYSE-MFI) announced
today that the Board of Directors of MicroFinancial,  Incorporated, in a meeting
held on January 21, 2005, has voted to pay a dividend of $0.05 per common share,
payable on or before  February 15, 2005 to holders of record of MFI common stock
as of the close of business February 9, 2005. This dividend  represents the same
amount per common share as the last dividend paid by MFI, in November of 2002.

Richard Latour, President and Chief Executive Officer stated, "I am pleased that
we are able to resume the payment of dividends  subject to an ongoing review and
approval by the Board of  Directors on a quarterly  basis.  The strong cash flow
and  low  leverage  of the  Company  allows  us to  pay  this  dividend  without
jeopardizing our future growth plans."

About Microfinancial

MicroFinancial  Inc. (NYSE:  MFI),  headquartered in Woburn,  MA, is a financial
intermediary  specializing  in leasing and financing for products in the $500 to
$10,000 range. The company has been in operation since 1986.


Statements in this release that are not historical facts,  including  statements
about future  dividends and growth plans,  are  forward-looking  statements made
pursuant to the safe harbor  provisions  of the  Private  Securities  Litigation
Reform  Act of 1995.  In  addition,  words  such as  "believes,"  "anticipates,"
"expects,"   "views,  "  and  similar   expressions  are  intended  to  identify
forward-looking  statements.  The Company  cautions  that a number of  important
factors could cause actual results to differ  materially from those expressed in
any  forward-looking  statements  made by or on behalf of the  Company.  Readers
should not place undue reliance on forward-looking statements, which reflect the
management's  view  only  as of the  date  hereof.  The  Company  undertakes  no
obligation  to  publicly  revise  these  forward-looking  statements  to reflect
subsequent  events or  circumstances.  The Company cannot assure that it will be
able to anticipate or respond timely to changes which could adversely affect its
operating  results in one or more fiscal quarters.  Results of operations in any
past period  should not be  considered  indicative  of results to be expected in
future periods.  Fluctuations in operating results may result in fluctuations in
the price of the Company's common stock. For a more complete  description of the
prominent risks and uncertainties  inherent in the Company's  business,  see the
risk factors described in documents the Company files from time to time with the
Securities and Exchange Commission.