content: <HTML>
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  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  <DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
  <DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>
  
  
  
  
  <DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>
  </DIV>
  
  <DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
  </DIV>
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  <DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM S-8</B>
  </DIV>
  
  
  <DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REGISTRATION STATEMENT<BR>
  UNDER<BR>
  THE SECURITIES ACT OF 1933</B>
  </DIV>
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  <DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>MicroFinancial Incorporated</B>
  </DIV>
  
  <DIV align="center" style="font-size: 10pt"><B>(Exact name of registrant as specified in its charter)</B></DIV>
  
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="48%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="48%">&nbsp;</TD>
  </TR>
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD align="center" valign="top"><B>Massachusetts<BR>
  (State or other jurisdiction of incorporation or organization)</B>
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top"><B>04-2962824<BR>
  (I.R.S. Employer Identification No.)</B></TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>10-M Commerce Way<BR>
  Woburn, Massachusetts 01801<BR>
  (781)&nbsp;994-4800<BR>
  (Address, including zip code, and telephone number, including area code, of registrant&#146;s principal executive offices)</B>
  </DIV>
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>MicroFinancial Incorporated 2008 Equity Incentive Plan<BR>
  (Full Title of the Plan)</B>
  </DIV>
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Richard F. Latour<BR>
  President and Chief Executive Officer<BR>
  MicroFinancial Incorporated<BR>
  10-M Commerce Way<BR>
  Woburn, Massachusetts<BR>
  (781)&nbsp;994-4800<BR>
  (Name, address, including zip code, and telephone number,<BR>
  including area code, of agent for service)</B>
  </DIV>
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B><I>Copies to:</I></B><BR>
  <B>Eugene W. McDermott, Jr.<BR>
  Edwards Angell Palmer &#038; Dodge LLP<BR>
  2800 Financial Plaza<BR>
  Providence, Rhode Island 02903</B>
  </DIV>
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate by check mark whether the registrant is a large accelerated filer, an accelerated
  filer, a non-accelerated filer, or a smaller reporting company. See definitions of &#147;large
  accelerated filer,&#148; &#147;accelerated filer,&#148; and &#147;smaller reporting company&#148; in Rule&nbsp;12b-2 of the
  Exchange Act. (Check one):
  </DIV>
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="22%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="22%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="22%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="22%">&nbsp;</TD>
  </TR>
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD align="center" valign="top">Large accelerated <BR>
  filer&nbsp;<FONT style="font-family: Wingdings">&#111;</FONT>
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Accelerated filer&nbsp;<FONT style="font-family: Wingdings">&#111;</FONT>
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Non-accelerated<BR>
  filer&nbsp;<FONT style="font-family: Wingdings">&#111;</FONT><BR>
  (Do not check if a smaller<BR>
  reporting company)
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Smaller reporting<BR>
  company&nbsp;<FONT style="font-family: Wingdings">&#254;</FONT></TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  
  <DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
  
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF REGISTRATION FEE</B>
  </DIV>
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="1%">&nbsp;</TD>
      <TD width="54%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD><!-- VRule -->
      <TD width="2%">&nbsp;</TD>
      <TD width="7%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD><!-- VRule -->
      <TD width="2%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD><!-- VRule -->
      <TD width="2%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD><!-- VRule -->
      <TD width="2%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
  
      <TD width="1%">&nbsp;</TD>
  </TR><TR style="font-size: 1px" valign="bottom">
      <TD nowrap align="left" colspan="21" style="border-bottom: 3px double #000000">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>
  
      <TD>&nbsp;</TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Amount of</B></TD>
      <TD width="1%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>
  
      <TD nowrap align="center"><B>Title of Each Class of Securities</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>Amount to be</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Offering Price Per</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Aggregate</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Registration</B></TD>
      <TD width="1%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>
  
      <TD nowrap align="center"><B>to be Registered</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>Registered (1)</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Security</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Offering Price</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" colspan="3"><B>Fee</B></TD>
      <TD width="1%">&nbsp;</TD>
  </TR>
  
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
                      <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">Common Shares, $0.01 par value
  </DIV></TD>
      <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
      <TD style="border-top: 1px solid #000000">&nbsp;</TD>
      <TD align="left" valign="top" style="border-top: 1px solid #000000">1,000,000&nbsp;shares
  </TD>
      <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
      <TD style="border-top: 1px solid #000000">&nbsp;</TD>
      <TD nowrap align="right" valign="top" style="border-top: 1px solid #000000">$</TD>
      <TD align="right" valign="top" style="border-top: 1px solid #000000">3.60</TD>
      <TD nowrap valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
      <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
      <TD style="border-top: 1px solid #000000">&nbsp;</TD>
      <TD nowrap align="right" valign="top" style="border-top: 1px solid #000000">$</TD>
      <TD align="right" valign="top" style="border-top: 1px solid #000000">3,600,000</TD>
      <TD nowrap valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
      <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
      <TD style="border-top: 1px solid #000000">&nbsp;</TD>
      <TD nowrap align="right" valign="top" style="border-top: 1px solid #000000">$</TD>
      <TD align="right" valign="top" style="border-top: 1px solid #000000">141.48</TD>
      <TD nowrap valign="top" style="border-top: 1px solid #000000">(2)</TD>
      <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
  </TR>
  <TR style="font-size: 1px" valign="bottom">
      <TD nowrap align="left" colspan="21" style="border-top: 3px double #000000">&nbsp;</TD>
  </TR>
  
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  <DIV style="margin-top: 6pt">
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
  
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="1%" nowrap align="left">(1)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>Upon a stock split, stock dividend or similar transaction in the
  future and during the effectiveness of this Registration Statement,
  the number of shares registered shall be automatically increased or
  decreased, as the case may be, to prevent dilution in accordance with
  Rule 416(a) under the Securities Act of 1933, as amended (the
  &#147;Securities Act&#148;).</TD>
  </TR>
  
  <TR>
      <TD style="font-size: 6pt">&nbsp;</TD>
  </TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="1%" nowrap align="left">(2)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>Pursuant to Rule 457(h) under the Securities Act, the offering price
  is calculated based upon the average of the high and low prices of the
  common stock on the Nasdaq Global Market on June&nbsp;17, 2008.</TD>
  </TR>
  
  </TABLE>
  </DIV>
  
  <DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
  <DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
  
  
  
  
  
  <P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  
  
  
  <!-- TOC -->
  <A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>
  
  <P><CENTER>
  <TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
  <TR>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="76%"></TD>
  </TR>
  <TR><TD colspan="9"><A HREF="#000">PART I</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#001">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;1. Plan Information; Item&nbsp;2. Registrant Information and Employee Plan Annual Information</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#003">PART II</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#004">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;3. Incorporation of Documents by Reference</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;4. Description of Securities</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;5. Interests of Named Experts and Counsel</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#008">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#009">Item&nbsp;7. Exemption from Registration Claimed</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#010">Item&nbsp;8. Exhibits</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#011">Item&nbsp;9. Undertakings</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#012">SIGNATURES</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#013">SIGNATURES AND POWER OF ATTORNEY</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#014">EXHIBIT INDEX</A></TD></TR>
  <TR><TD colspan="9"><A HREF="b70520s8exv5w1.htm">Ex-5.1 Opinion of Edwards Angell Palmer & Dodge LLP</A></TD></TR>
  <TR><TD colspan="9"><A HREF="b70520s8exv23w1.htm">Ex-23.1 Consent of Vitale, Caturano & Company, Ltd.</A></TD></TR>
  </TABLE>
  </CENTER>
  <!-- /TOC -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  
  
  
  <!-- link1 "PART I" -->
  <DIV align="left"><A NAME="000"></A></DIV>
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I</B>
  </DIV>
  
  <!-- link1 "INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS" -->
  <DIV align="left"><A NAME="001"></A></DIV>
  
  <DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>
  </DIV>
  
  <!-- link2 "Item&nbsp;1. Plan Information; Item&nbsp;2. Registrant Information and Employee Plan Annual Information" -->
  <DIV align="left"><A NAME="002"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;1. Plan Information; Item&nbsp;2. Registrant Information and Employee Plan Annual Information</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information required by these items will be given to participants
  in the MicroFinancial Incorporated 2008 Equity Incentive Plan (the &#147;Plan&#148;) and are not required to
  be filed with the Securities and Exchange Commission (the &#147;Commission&#148;) as part of the Registration
  Statement or as an exhibit thereto.
  </DIV>
  <!-- link1 "PART II" -->
  <DIV align="left"><A NAME="003"></A></DIV>
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
  </DIV>
  
  <!-- link1 "INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
  <DIV align="left"><A NAME="004"></A></DIV>
  
  <DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
  </DIV>
  
  <!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference" -->
  <DIV align="left"><A NAME="005"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3. Incorporation of Documents by Reference</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MicroFinancial Incorporated (the &#147;Company&#148;) is subject to the informational and reporting
  requirements of Sections&nbsp;13(a), 14 and 15(d) of the Securities Exchange Act of 1934, as amended
  (the &#147;Exchange Act&#148;), and in accordance therewith files reports, proxy statements and other
  information with the Commission. The following documents, which are on file with the Commission,
  are incorporated in this Registration Statement by reference:
  </DIV>
  
  <DIV style="margin-top: 6pt">
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
  
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="2%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">(a)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>The Company&#146;s Annual Report on Form 10-K for the fiscal year ended
  December&nbsp;31, 2007, as filed with the Commission on March&nbsp;28, 2008;</TD>
  </TR>
  
  <TR>
      <TD style="font-size: 6pt">&nbsp;</TD>
  </TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="2%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">(b)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>The Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter
  ended March&nbsp;31, 2008, as filed with the Commission on May&nbsp;14, 2008;</TD>
  </TR>
  
  <TR>
      <TD style="font-size: 6pt">&nbsp;</TD>
  </TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="2%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">(c)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>The Company&#146;s Current Reports on Form 8-K as filed with the Commission
  on February&nbsp;7, 2008 and May&nbsp;16, 2008. Notwithstanding the foregoing,
  information furnished but not filed in any Current Report on Form 8-K,
  including related exhibits, is not deemed referenced herein; and.</TD>
  </TR>
  
  <TR>
      <TD style="font-size: 6pt">&nbsp;</TD>
  </TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="2%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">(d)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>The description of the Company&#146;s common shares, par value $0.01 per
  share, contained in the Company&#146;s Registration Statement on Form S-1
  (Registration No.&nbsp;333-56339).</TD>
  </TR>
  
  </TABLE>
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition to the foregoing, all documents subsequently filed with the Commission by the
  Company pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of
  a post-effective amendment to this Registration Statement indicating that all of the securities
  offered hereunder have been sold or deregistering all securities then remaining unsold, shall be
  deemed to be incorporated by reference in this Registration Statement and to be part hereof from
  the date of filing of such documents (excluding information furnished but not filed in any Current
  Report on Form 8-K, including the related exhibits). Any statement contained in a document
  incorporated or deemed to be incorporated by reference in this Registration Statement shall be
  deemed to be modified or superseded for purposes of this Registration Statement to the extent that
  a statement contained herein or in any subsequently filed document that is or is deemed to be also
  incorporated by reference herein modifies or supersedes such statement. Any statement so modified
  or superseded shall not be deemed, except as so modified or superseded, to constitute a part of
  this Registration Statement.
  </DIV>
  <!-- link2 "Item&nbsp;4. Description of Securities" -->
  <DIV align="left"><A NAME="006"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4. Description of Securities</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
  </DIV>
  <!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel" -->
  <DIV align="left"><A NAME="007"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
  </DIV>
  
  <P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  <!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers" -->
  <DIV align="left"><A NAME="008"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;6. Indemnification of Directors and Officers</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.02(b)(4) of the Massachusetts Business Corporation Act (the &#147;MBCA&#148;) provides that a
  corporation may, in its articles of organization, eliminate or limit a director&#146;s personal
  liability to the corporation and its shareholders for monetary damages for breaches of fiduciary
  duty, except in circumstances involving (1)&nbsp;a breach of the director&#146;s duty of loyalty to the
  corporation or its shareholders, (2)&nbsp;acts or omissions not in good faith or which involve
  intentional misconduct or a knowing violation of law, (3)&nbsp;improper distributions, and (4)
  transactions from which the director derived an improper personal benefit. Section&nbsp;VI(e) of the
  Company&#146;s Articles of Organization provides that no director shall be personally liable to the
  Company or its shareholders for monetary damages for any breach of fiduciary duty as a director,
  except for any matter in respect of which a director shall be liable under the Massachusetts
  corporation law or shall be liable by reason that, in addition to any and all other requirements
  for such liability, the director (i)&nbsp;shall have breached his duty of loyalty to the corporation or
  its stockholders, (ii)&nbsp;shall not have acted in good faith or, in failing to act, shall not have
  acted in good faith, (iii)&nbsp;shall have acted in a manner involving intentional misconduct or a
  knowing violation of law or, in failing to act, shall have acted in a manner involving intentional
  misconduct or knowing violation of law, or (iv)&nbsp;shall have derived an improper personal benefit.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;8.51 of the MBCA permits a corporation to indemnify a director if the individual (1)
  acted in good faith, (2)&nbsp;reasonably believed that his or her conduct was in the best interests of
  the corporation or at least not opposed to the best interest of the corporation, and (3)&nbsp;in the
  case of a criminal proceeding, had no reasonable cause to believe his or her conduct was unlawful.
  Section&nbsp;8.51 also permits a corporation to indemnify a director for conduct for which such
  individual is or would be exculpated under the charter provision referred to above, whether or not
  the director satisfied a particular standard of conduct. Section&nbsp;8.56 of the MBCA permits a
  corporation to indemnify an officer (1)&nbsp;under those circumstances in which the corporation would be
  allowed to indemnify a director and (2)&nbsp;to such further extent as the corporation chooses provided
  that the liability does not arise out of acts or omissions not in good faith or which involve
  intentional misconduct or a knowing violation of law. This broader permissible indemnification for
  officers also is available for a director who is an officer if the individual becomes party to a
  proceeding on the basis of an act or omission solely as an officer. Section&nbsp;8.55 of the MBCA
  mandates that the determination that an award of indemnification is appropriate in a particular
  circumstance be made by (1)&nbsp;a majority vote of all disinterested directors or a majority of a
  committee of disinterested directors (in each case, if there are at least two disinterested
  directors), (2)&nbsp;special legal counsel, or (3)&nbsp;the shareholders.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior to the final disposition of a proceeding involving a director or officer, Sections&nbsp;8.53
  and 8.56 of the MBCA allow a corporation to pay for or reimburse reasonable expenses. As a
  condition, the director or officer must deliver a written undertaking to repay the funds if the
  individual is determined not to have met the relevant standard of conduct, which determination is
  made in the same manner as the determination of whether an individual is entitled to
  indemnification. This undertaking may be accepted without security and without regard to the
  individual&#146;s financial ability to make repayment. Another condition to advancement of expenses is
  that the individual submit a written affirmation of his or her good faith that he or she has met
  the standard of conduct necessary for indemnification (or that the matter involved conduct for
  which liability has been eliminated pursuant to the charter exculpation provision referred to
  above).
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The MBCA allows a corporation to obligate itself (1)&nbsp;to indemnify a director or officer and
  (2)&nbsp;to provide advancement of expenses to such an individual. Such a commitment may be made in the
  corporation&#146;s charter or bylaws or in a resolution adopted, or a contract approved, by the board of
  directors or the shareholders. Section&nbsp;7 of the Company&#146;s by-laws provides that the Company shall
  indemnify its directors and officers to the extent legally permissible against all liabilities and
  expenses incurred by such persons by reason of having been such a director or officer, except with
  respect to any matter as to which the director or officer shall have been adjudicated in any
  proceeding not to have acted in good faith in the reasonable belief that the director&#146;s or
  officer&#146;s action was in the best interests of the corporation. In addition, as to any matter
  disposed of by a compromise payment by such director or officer pursuant to a consent decree or
  otherwise, no indemnification for said payment or for any other expenses shall be provided unless
  (a)&nbsp;such compromise shall be approved as in the best interests of the corporation by a
  disinterested majority of the directors then in office or by the holders of a majority of the
  outstanding stock
  </DIV>
  
  <P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">of the corporation, exclusive of stock owned by any interested director or officer, or (b)
  there shall have been obtained at the request of a majority of directors then in office an opinion
  of independent legal counsel to the effect that such director or officer appears to have acted in
  good faith in the reasonable belief that his or her action was in the best interests of the
  corporation. Expenses reasonably incurred by any such director or officer in connection with the
  defense or disposition of any such action, suit or other proceeding may be paid from time to time
  by the Company in advance of final disposition.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sections&nbsp;8.52 and 8.56(c) of the MBCA mandate indemnification for reasonable expenses,
  regardless of whether an individual has met a particular standard of conduct, in connection with
  proceedings in which a director or officer is wholly successful, on the merits or otherwise.
  Furthermore, Section&nbsp;8.54 of the MBCA provides that a court may direct a corporation to indemnify a
  director or officer if the court determines that (1)&nbsp;the director or officer is entitled to
  mandatory indemnification under the MBCA, (2)&nbsp;the director or officer is entitled to
  indemnification pursuant to a provision in the corporation&#146;s charter or bylaws or in a contract or
  a board or shareholder resolution, or (3)&nbsp;it is fair and reasonable to indemnify the director or
  officer, regardless of whether he or she met the relevant standard of conduct.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition to covering directors and officers of the Company if they become parties to legal
  proceedings when acting in such capacities, the Company&#146;s by-laws, as permitted by the MBCA, also
  cover such individuals when serving at the Company&#146;s request for another entity, specifically, as a
  director, trustee, officer, employee, or other agent of another organization in which the Company
  owns shares or of which it is a creditor.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company maintains directors&#146; and officers&#146; liability insurance which may protect the
  Company&#146;s directors and officers against costs and liabilities imposed upon them in their roles
  with the Company, including in circumstances under which indemnification would not be permitted
  under the MBCA.
  </DIV>
  <!-- link2 "Item&nbsp;7. Exemption from Registration Claimed" -->
  <DIV align="left"><A NAME="009"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7. Exemption from Registration Claimed</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
  </DIV>
  <!-- link2 "Item&nbsp;8. Exhibits" -->
  <DIV align="left"><A NAME="010"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8. Exhibits</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A list of the exhibits included as part of this Registration Statement is set forth in the
  Exhibit&nbsp;Index and is hereby incorporated by reference herein.
  </DIV>
  <!-- link2 "Item&nbsp;9. Undertakings" -->
  <DIV align="left"><A NAME="011"></A></DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9. Undertakings</B>
  </DIV>
  
  
  <DIV style="margin-top: 6pt">
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
  
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="2%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">1.</TD>
      <TD width="1%">&nbsp;</TD>
      <TD><u><I>Item&nbsp;</I><I>512(a)</I><I> of Regulation&nbsp;S-K</I>.</u> The undersigned Registrant hereby undertakes:</TD>
  </TR>
  
  </TABLE>
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a post-effective
  amendment to this Registration Statement:
  </DIV>
  
  <DIV style="margin-top: 6pt">
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
  
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">(i)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act;</TD>
  </TR>
  
  <TR>
      <TD style="font-size: 6pt">&nbsp;</TD>
  </TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">(ii)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>To reflect in the prospectus any facts or events arising after the
  effective date of the Registration Statement (or the most recent
  post-effective amendment thereof) which, individually or in the
  aggregate, represent a fundamental change in the information set
  forth in the Registration Statement; and</TD>
  </TR>
  
  <TR>
      <TD style="font-size: 6pt">&nbsp;</TD>
  </TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="3%" nowrap align="left">(iii)</TD>
      <TD width="1%">&nbsp;</TD>
      <TD>To include any material information with respect to the plan of
  distribution not previously disclosed in the Registration Statement
  or any material change to such information in the Registration
  Statement;</TD>
  </TR>
  
  </TABLE>
  </DIV>
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">provided, however, that paragraphs (i)&nbsp;and (ii)&nbsp;do not apply if the information required to be
  included in a post-effective amendment by those paragraphs is contained in reports filed with or
  furnished to the Commission by the Registrant pursuant to Section&nbsp;13 or Section 15(d) of the
  Exchange Act that are incorporated by reference in the Registration Statement.
  </DIV>
  
  
  <P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the Securities Act, each such
  post-effective amendment shall be deemed to be a new registration statement relating to the
  securities offered therein, and the offering of such securities at that time shall be deemed to be
  the initial bona fide offering thereof.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the securities
  being registered which remain unsold at the termination of the offering.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U><I>Item&nbsp;</I><I>512(b)</I><I> of Regulation&nbsp;S-K</I></U>. The undersigned Registrant hereby undertakes that,
  for purposes of determining any liability under the Securities Act, each filing of the Registrant&#146;s
  annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by
  reference in the Registration Statement shall be deemed to be a new registration statement relating
  to the securities offered therein, and the offering of such securities at that time shall be deemed
  to be the initial bona fide offering thereof.
  </DIV>
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U><I>Item&nbsp;</I><I>512(h)</I><I> of Regulation&nbsp;S-K</I></U>. Insofar as indemnification for liabilities arising
  under the Securities Act may be permitted to directors, officers and controlling persons of the
  Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that
  in the opinion of the Commission such indemnification is against public policy as expressed in the
  Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
  liabilities (other than the payment by the Registrant of expenses incurred or paid by a director,
  officer or controlling person of the Registrant in the successful defense of any action, suit or
  proceeding) is asserted by such director, officer or controlling person in connection with the
  securities being registered, the Registrant will, unless in the opinion of its counsel the matter
  has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
  question whether such indemnification by it is against public policy as expressed in the Act and
  will be governed by the final adjudication of such issue.
  </DIV>
  
  
  <P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  <!-- link1 "SIGNATURES" -->
  <DIV align="left"><A NAME="012"></A></DIV>
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
  has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
  has duly caused this Registration Statement to be signed on its behalf by the undersigned,
  thereunto duly authorized, in the City of Woburn, Commonwealth of Massachusetts, on this 20th day
  of June, 2008.
  </DIV>
  
  
  <TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
  <TR>
      <TD width="48%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="35%">&nbsp;</TD>
      <TD width="15%">&nbsp;</TD>
  </TR>
  <TR>
      <TD valign="top" align="left">&nbsp;</TD>
      <TD colspan="3" align="left"><B>MICROFINANCIAL INCORPORATED</B><BR>
  &nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR><TR>
      <TD align="left">&nbsp;</TD>
      <TD valign="top">By:&nbsp;&nbsp;</TD>
      <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Richard F. Latour
  &nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR><TR>
      <TD align="left">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD colspan="2" align="left"><B>Richard F. Latour</B>&nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR><TR>
      <TD align="left">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD colspan="2" align="left"><B>President and Chief Executive Officer</B>&nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR>
  
  </TABLE>
  
  <P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  <TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
  <TR>
      <TD width="48%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="35%">&nbsp;</TD>
      <TD width="15%">&nbsp;</TD>
  </TR>
  
  </TABLE>
  <!-- link1 "SIGNATURES AND POWER OF ATTORNEY" -->
  <DIV align="left"><A NAME="013"></A></DIV>
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES AND POWER OF ATTORNEY</B>
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We, the undersigned officers and directors of MicroFinancial Incorporated, hereby severally
  constitute and appoint Richard F. Latour and James R. Jackson, Jr. and each of them singly, our
  true and lawful attorneys with full power to any of them, and to each of them singly, to sign for
  us and in our names in the capacities indicated below the Registration Statement on Form S-8 filed
  herewith and any and all pre-effective and post-effective amendments to said Registration Statement
  and any related registration statements filed pursuant to Rule&nbsp;462(b), and to file the same, with
  exhibits thereto and other documents in connection therewith, and generally to do all such things
  in our name and behalf in our capacities as officers and directors to enable MicroFinancial
  Incorporated to comply with the provisions of the Securities Act of 1933, as amended, and all
  requirements of the Securities and Exchange Commission, hereby ratifying and confirming our
  signatures as they may be signed by our said attorneys, or any of them, to said Registration
  Statement and any and all amendments thereto.
  </DIV>
  
  
  <DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
  been signed by the following persons in the capacities and on the dates indicated.
  </DIV>
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="30%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="42%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="18%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 10pt" valign="bottom">
      <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
  </TR>
  
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom"><!-- Blank Space -->
      <TD align="right">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="center" nowrap valign="top">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">/s/ Richard F. Latour
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>Richard F. Latour</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  President, Chief Executive
  Officer and Director<BR>(Principal
  Executive Officer)
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June 20, 2008</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">/s/ James R. Jackson, Jr.
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>James R. Jackson, Jr.</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  Vice President and Chief
  Financial Officer<BR>(Principal
  Financial and Accounting Officer)
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June 20, 2008</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">/s/ Peter R. Bleyleben
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>Peter R. Bleyleben</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  Chairman of the Board of Directors
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June 20, 2008</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">/s/ Brian E. Boyle
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>Brian E. Boyle</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  Director
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June 20, 2008</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">/s/ John W. Everets
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>John W. Everets</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  Director
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June 20, 2008</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">&nbsp;<BR>
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>Torrence C. Harder</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  Director
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June &#95;&#95;, 2008</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">/s/ Fritz von Mering
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>Fritz von Mering</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  Director
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June 20, 2008</TD>
  </TR>
  <TR valign="bottom" style="padding-top: 1em">
      <TD align="left" nowrap valign="top">/s/ Alan J. Zakon
  <DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
  <B>Alan J. Zakon</B></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">
  Director
  </TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">June 20, 2008</TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  
  <P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  <!-- link1 "EXHIBIT INDEX" -->
  <DIV align="left"><A NAME="014"></A></DIV>
  
  <DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
  </DIV>
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="7%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="90%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 10pt" valign="bottom">
      <TD nowrap align="left"><B>Exhibit</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center">&nbsp;</TD>
  </TR>
  <TR style="font-size: 10pt" valign="bottom">
      <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Number</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
  </TR>
  
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Restated Articles of Organization of MicroFinancial Incorporated (incorporated by
  reference to Exhibit&nbsp;3.1 to the Company&#146;s Registration Statement on Form&nbsp;S-1
  (File No.&nbsp;333-56339)).</TD>
  </TR>
  <TR valign="bottom"><!-- Blank Space -->
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.2
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">By-Laws of MicroFinancial Incorporated (incorporated by reference to Exhibit&nbsp;3.2
  to the Company&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended December
  31, 2006 filed with the Commission March&nbsp;28, 2007).</TD>
  </TR>
  <TR valign="bottom"><!-- Blank Space -->
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;5.1*
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Opinion of Edwards Angell Palmer &#038; Dodge LLP.</TD>
  </TR>
  <TR valign="bottom"><!-- Blank Space -->
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1*
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Consent of Independent Registered Public Accounting Firm, Vitale, Caturano &#038;
  Company, Ltd.</TD>
  </TR>
  <TR valign="bottom"><!-- Blank Space -->
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Consent of Edwards Angell Palmer &#038; Dodge LLP (included in Exhibit&nbsp;5.1 to this
  Registration Statement).</TD>
  </TR>
  <TR valign="bottom"><!-- Blank Space -->
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Power of Attorney (included on the signature page to this Registration Statement).</TD>
  </TR>
  <TR valign="bottom"><!-- Blank Space -->
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">MicroFinancial Incorporated 2008 Equity Incentive Plan (incorporated by reference
  to Exhibit&nbsp;10.1 to the Company&#146;s Current Report on Form&nbsp;8-K filed with the
  Commission on May&nbsp;16, 2008).</TD>
  </TR>
  <!-- End Table Body -->
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  </DIV>
  
  
  
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  <DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
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      <TD width="3%"></TD>
      <TD width="1%"></TD>
      <TD width="96"></TD>
  </TR>
  
  <TR valign="top">
      <TD nowrap align="left">*</TD>
      <TD>&nbsp;</TD>
      <TD>Filed herewith.</TD>
  </TR>
  
  </TABLE>
  
  
  
  
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text: sv8
  Table of Contents
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM S-8
  REGISTRATION STATEMENT
  UNDER
  THE SECURITIES ACT OF 1933
  MicroFinancial Incorporated
  (Exact name of registrant as specified in its charter)
  Massachusetts
  (State or other jurisdiction of incorporation or organization)
  04-2962824
  (I.R.S. Employer Identification No.)
  10-M Commerce Way
  Woburn, Massachusetts 01801
  (781) 994-4800
  (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)
  MicroFinancial Incorporated 2008 Equity Incentive Plan
  (Full Title of the Plan)
  Richard F. Latour
  President and Chief Executive Officer
  MicroFinancial Incorporated
  10-M Commerce Way
  Woburn, Massachusetts
  (781) 994-4800
  (Name, address, including zip code, and telephone number,
  including area code, of agent for service)
  Copies to:
  Eugene W. McDermott, Jr.
  Edwards Angell Palmer & Dodge LLP
  2800 Financial Plaza
  Providence, Rhode Island 02903
  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated
  filer, a non-accelerated filer, or a smaller reporting company. See definitions of "large
  accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the
  Exchange Act. (Check one):
  Large accelerated
  filer
  o
  Accelerated filer
  o
  Non-accelerated
  filer
  o
  (Do not check if a smaller
  reporting company)
  Smaller reporting
  company
  þ
  CALCULATION OF REGISTRATION FEE
  Proposed Maximum
  Proposed Maximum
  Amount of
  Title of Each Class of Securities
  Amount to be
  Offering Price Per
  Aggregate
  Registration
  to be Registered
  Registered (1)
  Security
  Offering Price
  Fee
  Common Shares, $0.01 par value
  1,000,000 shares
  $
  3.60
  $
  3,600,000
  $
  141.48
  (2)
  (1)
  Upon a stock split, stock dividend or similar transaction in the
  future and during the effectiveness of this Registration Statement,
  the number of shares registered shall be automatically increased or
  decreased, as the case may be, to prevent dilution in accordance with
  Rule 416(a) under the Securities Act of 1933, as amended (the
  "Securities Act").
  (2)
  Pursuant to Rule 457(h) under the Securities Act, the offering price
  is calculated based upon the average of the high and low prices of the
  common stock on the Nasdaq Global Market on June 17, 2008.
  TABLE OF CONTENTS
  PART I
  INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
  Item 1. Plan Information; Item 2. Registrant Information and Employee Plan Annual Information
  PART II
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  Item 3. Incorporation of Documents by Reference
  Item 4. Description of Securities
  Item 5. Interests of Named Experts and Counsel
  Item 6. Indemnification of Directors and Officers
  Item 7. Exemption from Registration Claimed
  Item 8. Exhibits
  Item 9. Undertakings
  SIGNATURES
  SIGNATURES AND POWER OF ATTORNEY
  EXHIBIT INDEX
  Ex-5.1 Opinion of Edwards Angell Palmer & Dodge LLP
  Ex-23.1 Consent of Vitale, Caturano & Company, Ltd.
  Table of Contents
  PART I
  INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
  Item 1. Plan Information; Item 2. Registrant Information and Employee Plan Annual Information
  The documents containing the information required by these items will be given to participants
  in the MicroFinancial Incorporated 2008 Equity Incentive Plan (the "Plan") and are not required to
  be filed with the Securities and Exchange Commission (the "Commission") as part of the Registration
  Statement or as an exhibit thereto.
  PART II
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  Item 3. Incorporation of Documents by Reference
  MicroFinancial Incorporated (the "Company") is subject to the informational and reporting
  requirements of Sections 13(a), 14 and 15(d) of the Securities Exchange Act of 1934, as amended
  (the "Exchange Act"), and in accordance therewith files reports, proxy statements and other
  information with the Commission. The following documents, which are on file with the Commission,
  are incorporated in this Registration Statement by reference:
  (a)
  The Company's Annual Report on Form 10-K for the fiscal year ended
  December 31, 2007, as filed with the Commission on March 28, 2008;
  (b)
  The Company's Quarterly Report on Form 10-Q for the fiscal quarter
  ended March 31, 2008, as filed with the Commission on May 14, 2008;
  (c)
  The Company's Current Reports on Form 8-K as filed with the Commission
  on February 7, 2008 and May 16, 2008. Notwithstanding the foregoing,
  information furnished but not filed in any Current Report on Form 8-K,
  including related exhibits, is not deemed referenced herein; and.
  (d)
  The description of the Company's common shares, par value $0.01 per
  share, contained in the Company's Registration Statement on Form S-1
  (Registration No. 333-56339).
  In addition to the foregoing, all documents subsequently filed with the Commission by the
  Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of
  a post-effective amendment to this Registration Statement indicating that all of the securities
  offered hereunder have been sold or deregistering all securities then remaining unsold, shall be
  deemed to be incorporated by reference in this Registration Statement and to be part hereof from
  the date of filing of such documents (excluding information furnished but not filed in any Current
  Report on Form 8-K, including the related exhibits). Any statement contained in a document
  incorporated or deemed to be incorporated by reference in this Registration Statement shall be
  deemed to be modified or superseded for purposes of this Registration Statement to the extent that
  a statement contained herein or in any subsequently filed document that is or is deemed to be also
  incorporated by reference herein modifies or supersedes such statement. Any statement so modified
  or superseded shall not be deemed, except as so modified or superseded, to constitute a part of
  this Registration Statement.
  Item 4. Description of Securities
  Not applicable.
  Item 5. Interests of Named Experts and Counsel
  Not applicable.
  Table of Contents
  Item 6. Indemnification of Directors and Officers
  Section 2.02(b)(4) of the Massachusetts Business Corporation Act (the "MBCA") provides that a
  corporation may, in its articles of organization, eliminate or limit a director's personal
  liability to the corporation and its shareholders for monetary damages for breaches of fiduciary
  duty, except in circumstances involving (1) a breach of the director's duty of loyalty to the
  corporation or its shareholders, (2) acts or omissions not in good faith or which involve
  intentional misconduct or a knowing violation of law, (3) improper distributions, and (4)
  transactions from which the director derived an improper personal benefit. Section VI(e) of the
  Company's Articles of Organization provides that no director shall be personally liable to the
  Company or its shareholders for monetary damages for any breach of fiduciary duty as a director,
  except for any matter in respect of which a director shall be liable under the Massachusetts
  corporation law or shall be liable by reason that, in addition to any and all other requirements
  for such liability, the director (i) shall have breached his duty of loyalty to the corporation or
  its stockholders, (ii) shall not have acted in good faith or, in failing to act, shall not have
  acted in good faith, (iii) shall have acted in a manner involving intentional misconduct or a
  knowing violation of law or, in failing to act, shall have acted in a manner involving intentional
  misconduct or knowing violation of law, or (iv) shall have derived an improper personal benefit.
  Section 8.51 of the MBCA permits a corporation to indemnify a director if the individual (1)
  acted in good faith, (2) reasonably believed that his or her conduct was in the best interests of
  the corporation or at least not opposed to the best interest of the corporation, and (3) in the
  case of a criminal proceeding, had no reasonable cause to believe his or her conduct was unlawful.
  Section 8.51 also permits a corporation to indemnify a director for conduct for which such
  individual is or would be exculpated under the charter provision referred to above, whether or not
  the director satisfied a particular standard of conduct. Section 8.56 of the MBCA permits a
  corporation to indemnify an officer (1) under those circumstances in which the corporation would be
  allowed to indemnify a director and (2) to such further extent as the corporation chooses provided
  that the liability does not arise out of acts or omissions not in good faith or which involve
  intentional misconduct or a knowing violation of law. This broader permissible indemnification for
  officers also is available for a director who is an officer if the individual becomes party to a
  proceeding on the basis of an act or omission solely as an officer. Section 8.55 of the MBCA
  mandates that the determination that an award of indemnification is appropriate in a particular
  circumstance be made by (1) a majority vote of all disinterested directors or a majority of a
  committee of disinterested directors (in each case, if there are at least two disinterested
  directors), (2) special legal counsel, or (3) the shareholders.
  Prior to the final disposition of a proceeding involving a director or officer, Sections 8.53
  and 8.56 of the MBCA allow a corporation to pay for or reimburse reasonable expenses. As a
  condition, the director or officer must deliver a written undertaking to repay the funds if the
  individual is determined not to have met the relevant standard of conduct, which determination is
  made in the same manner as the determination of whether an individual is entitled to
  indemnification. This undertaking may be accepted without security and without regard to the
  individual's financial ability to make repayment. Another condition to advancement of expenses is
  that the individual submit a written affirmation of his or her good faith that he or she has met
  the standard of conduct necessary for indemnification (or that the matter involved conduct for
  which liability has been eliminated pursuant to the charter exculpation provision referred to
  above).
  The MBCA allows a corporation to obligate itself (1) to indemnify a director or officer and
  (2) to provide advancement of expenses to such an individual. Such a commitment may be made in the
  corporation's charter or bylaws or in a resolution adopted, or a contract approved, by the board of
  directors or the shareholders. Section 7 of the Company's by-laws provides that the Company shall
  indemnify its directors and officers to the extent legally permissible against all liabilities and
  expenses incurred by such persons by reason of having been such a director or officer, except with
  respect to any matter as to which the director or officer shall have been adjudicated in any
  proceeding not to have acted in good faith in the reasonable belief that the director's or
  officer's action was in the best interests of the corporation. In addition, as to any matter
  disposed of by a compromise payment by such director or officer pursuant to a consent decree or
  otherwise, no indemnification for said payment or for any other expenses shall be provided unless
  (a) such compromise shall be approved as in the best interests of the corporation by a
  disinterested majority of the directors then in office or by the holders of a majority of the
  outstanding stock
  Table of Contents
  of the corporation, exclusive of stock owned by any interested director or officer, or (b)
  there shall have been obtained at the request of a majority of directors then in office an opinion
  of independent legal counsel to the effect that such director or officer appears to have acted in
  good faith in the reasonable belief that his or her action was in the best interests of the
  corporation. Expenses reasonably incurred by any such director or officer in connection with the
  defense or disposition of any such action, suit or other proceeding may be paid from time to time
  by the Company in advance of final disposition.
  Sections 8.52 and 8.56(c) of the MBCA mandate indemnification for reasonable expenses,
  regardless of whether an individual has met a particular standard of conduct, in connection with
  proceedings in which a director or officer is wholly successful, on the merits or otherwise.
  Furthermore, Section 8.54 of the MBCA provides that a court may direct a corporation to indemnify a
  director or officer if the court determines that (1) the director or officer is entitled to
  mandatory indemnification under the MBCA, (2) the director or officer is entitled to
  indemnification pursuant to a provision in the corporation's charter or bylaws or in a contract or
  a board or shareholder resolution, or (3) it is fair and reasonable to indemnify the director or
  officer, regardless of whether he or she met the relevant standard of conduct.
  In addition to covering directors and officers of the Company if they become parties to legal
  proceedings when acting in such capacities, the Company's by-laws, as permitted by the MBCA, also
  cover such individuals when serving at the Company's request for another entity, specifically, as a
  director, trustee, officer, employee, or other agent of another organization in which the Company
  owns shares or of which it is a creditor.
  The Company maintains directors' and officers' liability insurance which may protect the
  Company's directors and officers against costs and liabilities imposed upon them in their roles
  with the Company, including in circumstances under which indemnification would not be permitted
  under the MBCA.
  Item 7. Exemption from Registration Claimed
  Not applicable.
  Item 8. Exhibits
  A list of the exhibits included as part of this Registration Statement is set forth in the
  Exhibit Index and is hereby incorporated by reference herein.
  Item 9. Undertakings
  1.
  Item
  512(a)
  of Regulation S-K
  .
  The undersigned Registrant hereby undertakes:
  (1) To file, during any period in which offers or sales are being made, a post-effective
  amendment to this Registration Statement:
  (i)
  To include any prospectus required by Section 10(a)(3) of the Securities Act;
  (ii)
  To reflect in the prospectus any facts or events arising after the
  effective date of the Registration Statement (or the most recent
  post-effective amendment thereof) which, individually or in the
  aggregate, represent a fundamental change in the information set
  forth in the Registration Statement; and
  (iii)
  To include any material information with respect to the plan of
  distribution not previously disclosed in the Registration Statement
  or any material change to such information in the Registration
  Statement;
  provided, however, that paragraphs (i) and (ii) do not apply if the information required to be
  included in a post-effective amendment by those paragraphs is contained in reports filed with or
  furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the
  Exchange Act that are incorporated by reference in the Registration Statement.
  Table of Contents
  (2) That, for the purpose of determining any liability under the Securities Act, each such
  post-effective amendment shall be deemed to be a new registration statement relating to the
  securities offered therein, and the offering of such securities at that time shall be deemed to be
  the initial bona fide offering thereof.
  (3) To remove from registration by means of a post-effective amendment any of the securities
  being registered which remain unsold at the termination of the offering.
  2.
  Item
  512(b)
  of Regulation S-K
  . The undersigned Registrant hereby undertakes that,
  for purposes of determining any liability under the Securities Act, each filing of the Registrant's
  annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by
  reference in the Registration Statement shall be deemed to be a new registration statement relating
  to the securities offered therein, and the offering of such securities at that time shall be deemed
  to be the initial bona fide offering thereof.
  3.
  Item
  512(h)
  of Regulation S-K
  . Insofar as indemnification for liabilities arising
  under the Securities Act may be permitted to directors, officers and controlling persons of the
  Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that
  in the opinion of the Commission such indemnification is against public policy as expressed in the
  Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
  liabilities (other than the payment by the Registrant of expenses incurred or paid by a director,
  officer or controlling person of the Registrant in the successful defense of any action, suit or
  proceeding) is asserted by such director, officer or controlling person in connection with the
  securities being registered, the Registrant will, unless in the opinion of its counsel the matter
  has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
  question whether such indemnification by it is against public policy as expressed in the Act and
  will be governed by the final adjudication of such issue.
  Table of Contents
  SIGNATURES
  Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
  has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
  has duly caused this Registration Statement to be signed on its behalf by the undersigned,
  thereunto duly authorized, in the City of Woburn, Commonwealth of Massachusetts, on this 20th day
  of June, 2008.
  MICROFINANCIAL INCORPORATED
  By:
  /s/ Richard F. Latour
  Richard F. Latour
  President and Chief Executive Officer
  Table of Contents
  SIGNATURES AND POWER OF ATTORNEY
  We, the undersigned officers and directors of MicroFinancial Incorporated, hereby severally
  constitute and appoint Richard F. Latour and James R. Jackson, Jr. and each of them singly, our
  true and lawful attorneys with full power to any of them, and to each of them singly, to sign for
  us and in our names in the capacities indicated below the Registration Statement on Form S-8 filed
  herewith and any and all pre-effective and post-effective amendments to said Registration Statement
  and any related registration statements filed pursuant to Rule 462(b), and to file the same, with
  exhibits thereto and other documents in connection therewith, and generally to do all such things
  in our name and behalf in our capacities as officers and directors to enable MicroFinancial
  Incorporated to comply with the provisions of the Securities Act of 1933, as amended, and all
  requirements of the Securities and Exchange Commission, hereby ratifying and confirming our
  signatures as they may be signed by our said attorneys, or any of them, to said Registration
  Statement and any and all amendments thereto.
  Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
  been signed by the following persons in the capacities and on the dates indicated.
  Signature
  Title
  Date
  /s/ Richard F. Latour
  Richard F. Latour
  President, Chief Executive
  Officer and Director
  (Principal
  Executive Officer)
  June 20, 2008
  /s/ James R. Jackson, Jr.
  James R. Jackson, Jr.
  Vice President and Chief
  Financial Officer
  (Principal
  Financial and Accounting Officer)
  June 20, 2008
  /s/ Peter R. Bleyleben
  Peter R. Bleyleben
  Chairman of the Board of Directors
  June 20, 2008
  /s/ Brian E. Boyle
  Brian E. Boyle
  Director
  June 20, 2008
  /s/ John W. Everets
  John W. Everets
  Director
  June 20, 2008
  Torrence C. Harder
  Director
  June __, 2008
  /s/ Fritz von Mering
  Fritz von Mering
  Director
  June 20, 2008
  /s/ Alan J. Zakon
  Alan J. Zakon
  Director
  June 20, 2008
  Table of Contents
  EXHIBIT INDEX
  Exhibit
  Number
  Description
  4.1
  Restated Articles of Organization of MicroFinancial Incorporated (incorporated by
  reference to Exhibit 3.1 to the Company's Registration Statement on Form S-1
  (File No. 333-56339)).
  4.2
  By-Laws of MicroFinancial Incorporated (incorporated by reference to Exhibit 3.2
  to the Company's Annual Report on Form 10-K for the fiscal year ended December
  31, 2006 filed with the Commission March 28, 2007).
  5.1*
  Opinion of Edwards Angell Palmer & Dodge LLP.
  23.1*
  Consent of Independent Registered Public Accounting Firm, Vitale, Caturano &
  Company, Ltd.
  23.2
  Consent of Edwards Angell Palmer & Dodge LLP (included in Exhibit 5.1 to this
  Registration Statement).
  24.1
  Power of Attorney (included on the signature page to this Registration Statement).
  99.1
  MicroFinancial Incorporated 2008 Equity Incentive Plan (incorporated by reference
  to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the
  Commission on May 16, 2008).
  *
  Filed herewith.