HELLER FUNDING CORP
8-K, 2000-06-27
ASSET-BACKED SECURITIES
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<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                            _______________________

                                   FORM 8-K

                                CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


                         Date of Report: June 26, 2000
                                         -------------
                       (Date of earliest event reported)


                          HELLER FUNDING CORPORATION
                          ---------------------------
                HELLER EQUIPMENT ASSET RECEIVABLES TRUST 1997-1
                -----------------------------------------------
            (Exact name of registrant as specified in its charter)


                                   Delaware
                                   --------
                (State or other jurisdiction of incorporation)


                 333-30207                           36-4165546
                 ---------                           ----------
          (Commission File Number)      (IRS Employer Identification Number)


500 West Monroe Street, Chicago, Illinois               60661
-----------------------------------------               -----
(Address of principal executive offices)             (Zip Code)


                                (312) 441-7246
                                --------------
             (Registrant's telephone number, including area code)
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Item 5.   Other Events
-------   ------------

Attached, for the Distribution Date of June 26, 2000, is the Monthly Report,
filed as Exhibit 99.

Item 7.   Financial Statements and Exhibits
-------   ---------------------------------

(c) Exhibits

99   Heller Funding Corporation - Monthly Report for the Distribution Date of
     June 26, 2000.


                                   SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


Dated: June 27, 2000
       -------------


                                                HELLER FUNDING CORPORATION


                                                By:    /s/ Carol J. Radtke
                                                       ------------------------
                                                       Carol J. Radtke
                                                Title: Vice President
<PAGE>

                                 EXHIBIT INDEX


Exhibit
Number    Document Description
------    --------------------

     99   Heller Funding Corporation - Monthly Report for the Distribution Date
          of June 26, 2000.


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