FINOVA CAPITAL CORP
424B3, 1995-11-14
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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<PAGE>   1
                                                                 Rule 424(b)(3)
                                                Registration Stmt. No. 33-63343
Pricing Supplement No. 18                              Dated: November 14, 1995

(To Prospectus dated October 25, 1995 and 
Prospectus Supplement dated October 25, 1995)

                           FINOVA CAPITAL CORPORATION
                   (Formerly Greyhound Financial Corporation)
                    Medium-Term Notes, Series C - Fixed Rate

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Principal Amount:      $15,000,000     Trade Date:      11/14/95
Issue Price:           100%            Original Issue Date:  11/15/95
Interest Rate:         6.68%           Net Proceeds to Issuer:  $14,910,000
Stated Maturity Date:  11/17/03        Agent's Discount or Commission: $90,000
- -------------------------------------------------------------------------------

Interest Payment Dates:  Semiannually on each March 15
                         and September 15 and at Maturity
                         Commencing on March 15, 1996

Day Count Convention:
       ( X )  30/360 for the period from November 15, 1995 to November 17, 2003
       (  )   Actual /360 for the period from         to
       (  )   Actual/Actual for the period from       to

Redemption:
         ( X )  The Notes cannot be redeemed prior to the Stated Maturity Date.
         (  )   The Notes may be redeemed prior to the Stated Maturity Date.

Initial Redemption Date:

Optional Repayment:
         ( X )  The Notes cannot be repaid prior to the Stated Maturity Date.
         (  )   The Notes can be repaid prior to the Stated Maturity Date at the
                option of the holder of the Notes.
                Optional Repayment Date(s):
Currency:
         Specified Currency:
                (If other than U.S. dollars, see attached)
         Minimum Denominations:
                (Applicable only if Specified Currently is other than U.S. 
                dollars)

Original Issue Discount:  (  ) Yes  ( X ) No

         Total Amount of OID:
         Yield to Maturity:
         Initial Accrual Period:

Form:    ( X ) Book-Entry  (  ) Certificated

         Lehman Brothers    Citicorp Securities, Inc.       Goldman, Sachs & Co.
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  Merrill Lynch & Co.    CS First Boston  X  Morgan Stanley & Co. Incorporated
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