<PAGE> 1
EXHIBIT EX-99.14.n.4
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption "BLC Summary
Historical Consolidated Financial Information" and "Experts" and to the use of
our report dated September 15, 2000 with respect to the financial statements of
BLC Financial Services, Inc. included in the Proxy Statement of BLC Financial
Services, Inc. that is made a part of the Registration Statement (Form N-14)
and related Prospectus of Allied Capital Corporation.
/s/ Richard A. Eisner & Company, LLP
Florham Park, New Jersey
November 6, 2000
