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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
CAPITAL FACTORS HOLDING, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
139905 10 3
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(CUSIP Number)
The information required on the remainder of this cover page shall not be
deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (the "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).
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CUSIP No. 139905 10 3
<TABLE>
<S> <C>
(1) Names of Reporting Persons Fana Holtz
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S.S. or I.R.S. Identification Nos. of Above Persons
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(2) Check the Appropriate Box if a Member of a Group
(See Instructions) (a) [X] (b) [ ]
(3) SEC Use Only
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(4) Citizenship or Place of Organization U.S.A.
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(5) Sole Voting Power Less than 5%
Number of ----------------------------------------------------------------
Shares Bene-
ficially (6) Shared Voting Power Less than 5%
Owned by --------------------------------------------------------------
Each Report-
ing Person (7) Sole Dispositive Power Less than 5%
With -----------------------------------------------------------
(8) Shared Dispositive Power Less than 5%
---------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person Less than 5%
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(11) Percent of Class Represented by Amount in Row (9) Less than 5%
------------------------------------------------------------------
(12) Type of Reporting Person IN
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</TABLE>
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CUSIP No. 139905 10 3
<TABLE>
<S> <C>
(1) Names of Reporting Persons Daniel Holtz
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S.S. or I.R.S. Identification Nos. of Above Persons
----------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(See Instructions) (a) [X] (b) [ ]
(3) SEC Use Only
-------------------------------------------------------------------------------------------------------
(4) Citizenship or Place of Organization U.S.A.
-------------------------------------------------------------------------------
(5) Sole Voting Power Less than 5%
Number of ----------------------------------------------------------------
Shares Bene-
ficially (6) Shared Voting Power Less than 5%
Owned by --------------------------------------------------------------
Each Report-
ing Person (7) Sole Dispositive Power Less than 5%
With -----------------------------------------------------------
(8) Shared Dispositive Power Less than 5%
---------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person Less than 5%
-------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(11) Percent of Class Represented by Amount in Row (9) Less than 5%
------------------------------------------------------------------
(12) Type of Reporting Person IN
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</TABLE>
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CUSIP No. 139905 10 3
<TABLE>
<S> <C>
(1) Names of Reporting Persons Javier Holtz
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S.S. or I.R.S. Identification Nos. of Above Persons
----------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(See Instructions) (a) [X] (b) [ ]
(3) SEC Use Only
-------------------------------------------------------------------------------------------------------
(4) Citizenship or Place of Organization U.S.A.
-------------------------------------------------------------------------------
(5) Sole Voting Power Less than 5%
Number of ----------------------------------------------------------------
Shares Bene-
ficially (6) Shared Voting Power Less than 5%
Owned by --------------------------------------------------------------
Each Report-
ing Person (7) Sole Dispositive Power Less than 5%
With -----------------------------------------------------------
(8) Shared Dispositive Power Less than 5%
---------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person Less than 5%
-------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(11) Percent of Class Represented by Amount in Row (9) Less than 5%
------------------------------------------------------------------
(12) Type of Reporting Person IN
-------------------------------------------------------------------------------------------
</TABLE>
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ITEM 1(a). Name of Issuer:
CAPITAL FACTORS HOLDING, INC.
ITEM 1(b). Address of Issuer's Principal Executive Offices:
120 E. Palmetto Park Road
Fifth Floor
Boca Raton, Florida 33432
ITEM 2(a). Name of Person Filing:
Fana Holtz
Daniel Holtz
Javier Holtz
ITEM 2(b). Address of Principal Business Office:
For Fana Holtz:
169 E. Flagler St.
Suite 1627
Miami, Florida 33131
For Daniel Holtz:
225 Arvida Pkwy.
Coral Gables, Florida 33156
For Javier Holtz:
1221 Brickell Avenue, 12th Floor
Miami, Florida 33131
ITEM 2(c). Citizenship:
For each of the following persons:
U.S.A.
ITEM 2(d). Title of Class of Securities:
Common Stock, $.01 Par Value
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ITEM 2(e). CUSIP Number:
139905 10 3
ITEM 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), identify the status of the person filing.
Not applicable.
ITEM 4. Ownership.
This Amendment No. 1 to Schedule 13G is filed by Fana Holtz,
Daniel Holtz, and Javier Holtz to amend the Schedule 13G filed
February 12, 1997, with respect to Capital Factors Holding,
Inc. ("Capital Factors"). The Schedule 13G reported the
indirect beneficial ownership of shares of Capital Factors
common stock through the ownership by the reporting persons of
shares of Capital Bancorp common stock.
Until December 31, 1997, Capital Factors was an indirect,
majority-owned subsidiary of Capital Bancorp. On December 31,
1997, Capital Bancorp was acquired by Union Planters
Corporation ("UPC") through a merger of Capital Bancorp with a
wholly-owned subsidiary of UPC. Pursuant to the Amended and
Restated Agreement and Plan of Merger by and between Capital
Bancorp and UPC, each share of Capital Bancorp's common stock
was exchanged for .8525 shares of UPC common stock (the
"Exchange Ratio"). Additionally, each option to purchase
shares of Capital Bancorp common stock was converted into an
option with respect to UPC common stock on an adjusted basis
reflecting the Exchange Ratio.
As a result of the merger of UPC and Capital Bancorp, Fana
Holtz, Daniel Holtz, and Javier Holtz own less than 5 percent
of the outstanding shares of UPC, both individually and as a
group. Correspondingly, Fana Holtz, Daniel Holtz, and Javier
Holtz own less than 5 percent of the outstanding common stock
of Capital Factors, both individually and as a group.
ITEM 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [X].
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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.
ITEM 9. Notice of Dissolution of Group.
Not applicable.
ITEM 10. Certification.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 17, 1998 /s/ Fana Holtz
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Fana Holtz
February 15, 1998 /s/ Daniel Holtz
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Daniel Holtz
February 12, 1998 /s/ Javier Holtz
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Javier Holtz
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