MASSACHUSETTS CAPITAL RESOURCE CO
SC 13G, 1997-02-20
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<PAGE>
 
THIS DOCUMENT IS A COPY OF THE SCHEDULE 13G FILED ON FEBRUARY 19, 1997 PURSUANT
TO A RULE 201 TEMPORARY HARDSHIP EXEMPTION.

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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                 SCHEDULE 13G


                   Under the Securities Exchange Act of 1934
                           (Amendment No. ________)*

                           Vivid Technologies, Inc.
- --------------------------------------------------------------------------------
                               (Name of Issuer)

                         Common Stock, $.01 par value
- --------------------------------------------------------------------------------
                        (Title of Class of Securities)

                                  928538 10 7
- --------------------------------------------------------------------------------
                                (CUSIP Number)


*The remainder of this cover page shall be filled out for a reporting person's 
initial filing on this form with respect to the subject class of securities, 
and for any subsequent amendment containing information which would alter 
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be 
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange 
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of 
the Act but shall be subject to all other provisions of the Act (however, see 
the Notes).

                               Page 1 of 5 pages
<PAGE>
 
- -----------------------                                  ---------------------
  CUSIP NO. 928538 10 7                 13G                PAGE 2 OF 5 PAGES
- -----------------------                                  ---------------------
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                          
      Massachusetts Capital Resource Company
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3


- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
      MASSACHUSETTS
    
- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5     
     NUMBER OF            846,284 shares
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6    
                          -0- shares
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7     
    REPORTING             846,284 shares
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8    
                          -0- shares
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9    
      846,284 shares

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10    CERTAIN SHARES*                                               [_]
 
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11    
      9.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      PN

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                               Page 2 of 5 pages

<PAGE>
 
ITEM 1.

     (a)  NAME OF ISSUER

          Vivid Technologies, Inc.

     (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES

         10E Commerce Way
         Woburn, Massachusetts  01801

ITEM 2.

     (a)  NAME OF PERSON FILING

          Massachusetts Capital Resource Company

     (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE

         420 Boylston Street
         Boston, Massachusetts  02116

     (c) CITIZENSHIP

         Massachusetts limited partnership

     (d) TITLE OF CLASS OF SECURITIES

         Common Stock, $.01 par value

     (e) CUSIP NUMBER

         928538  10  7

ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B), CHECK
WHETHER THE PERSON FILING IS A:

     Not applicable.

ITEM 4.  OWNERSHIP

     As of December 31, 1996, Massachusetts Capital Resource Company was the
"beneficial owner" (as defined in Rule 13d-3 of Regulation 13D-G under the
Securities Exchange Act of 1934 (the "Exchange Act")) of over five percent of
the outstanding shares of Common Stock of Vivid Technologies, Inc. The following
information is provided as of December 31, 1996:

                                  Page 3 of 5
<PAGE>
 
     (a)  AMOUNT BENEFICIALLY OWNED

          846,284 shares of Common Stock, comprised of 789,780 shares and 56,504
          shares issuable pursuant to presently exercisable warrants.

     (b)  PERCENT OF CLASS

          9.5% of the outstanding shares of Common Stock

     (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

          (i)   SOLE POWER TO VOTE OR TO DIRECT THE VOTE

                846,284 shares

          (ii)  SHARED POWER TO VOTE OR TO DIRECT THE VOTE

                -0- shares

          (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

                846,284 shares

          (iv)  SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

                -0- shares

ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

         Not applicable.

ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

         Not applicable.

ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

         Not applicable

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

         Not applicable.

                                  Page 4 of 5
<PAGE>
 
ITEM 9.  NOTICE OF DISSOLUTION OF GROUP

         Not applicable.

ITEM 10. CERTIFICATION

         Not applicable.

 
                                   SIGNATURE

     After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.


                              Date:  February 11, 1997


                              MASSACHUSETTS CAPITAL RESOURCE COMPANY


                              By: /s/ William J. Torpey, Jr.
                                 ------------------------------
                                 William J. Torpey, Jr.  
                                 President


                                  Page 5 of 5




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