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Rule 424(b)(2)
Registration Stmt. No. 33-52845
Dated: August 3, 1995
Pricing Supplement No. 2
(To Prospectus dated May 23, 1994 and
Prospectus Supplement dated May 23, 1994)
FINOVA CAPITAL CORPORATION
(Formerly Greyhound Financial Corporation)
Medium-Term Notes, Series B - Fixed Rate
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Principal Amount: $75,000,000 Trade Date: 08/03/95
Issue Price: 100% Original Issue Date: 08/08/95
Interest Rate: 6.84% Net Proceeds to Issuer: $74,625,000
Stated Maturity Date: 08/08/2000 Agent's Discount or Commission: $375,000
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Interest Payment Dates: Semiannually on each March 15
and September 15 and at Maturity
Day Count Convention:
(X) 30/360 for the period from August 8, 1995 to August 8, 2000
( ) 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 Currency 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 ( ) Certified
Cusip No. 39804HBK3
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___ Lehman Brothers ___ Citicorp Securities Markets, Inc. ___ Goldman, Sachs & Co.
___ Merrill Lynch & Co. ___ Salomon Brothers Inc. _X__ Morgan Stanley & Co. Incorporated
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Medium-Term Notes
X (Fixed Rate)/ (Floating Rate)
-- --
Due from more than 9 months to 30 years from Date of Issue
Aggregate Principal amount of Notes sold to date: $152,550,000