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Rule 424(b)(3)
Registration Stmt. No. 33-63343
Pricing Supplement No. 10 Dated: April 10, 1996
(To Prospectus dated October 25, 1995 and
Prospectus Supplement dated February 15, 1996)
FINOVA CAPITAL CORPORATION
FORMERLY GREYHOUND FINANCIAL CORPORATION
MEDIUM-TERM NOTES, SERIES C - FLOATING RATE
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Principal Amount: $25,000,000 Trade Date: 4/10/96
Issue Price: 100% Original Issue Date: 4/15/96
Initial Interest Rate 5.59516% Net Proceeds to Issuer: $24,990,000
Interest Payment Period: Quarterly Agent's Discount or Commission: $10,000
Stated Maturity Date: 4/15/97
Calculation Agent: First Interstate Bank of Arizona
Interest Calculation:
Interest Rate Basis:
[ ] CD Rate LIBOR [X] (3 months)
[ ] Commercial Paper Rate If LIBOR, designated LIBOR PAGE:
[ ] Federal Funds Rate [ ] Reuters Page:____
[ ] Prime Rate [X] Telerate Page: 3750
[ ] Treasury Rate
Initial Interest Reset Date: 7/15/96 Spread (+/-): 6 B. pts.
Interest Rate Reset Period: Quarterly Spread Multiplier: Not Applicable ("N/A")
Interest Reset Dates: 7/15/96, 10/15/96 Maximum Interest Rate: N/A
1/15/97 (modified business day convention) Minimum Interest Rate: N/A
Interest Payment Dates: 7/15/96, 10/15/96 Index Currency: N/A
1/15/97, 4/15/97 (modified business day convention) Index Maturity: N/A
Day Count Convention:
[X] Actual/360 for the period from 4/15/96 to 4/15/97
[ ] Actual/Actual for the period from to
[ ] Other (see attached)
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity Date.
The Notes may be redeemed prior to Stated Maturity Date.
Initial Redemption Date: N/A
Initial Redemption Percentage: %
Annual Redemption Percentage Reduction: % until Redemption
Percentage is 100% of the Principal Amount
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):
Repayment Price: %
Currency:
Specified Currency:
(If other than U.S. dollars, see attached)
Minimum Denominations:
(Application 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 [ ] Certificated
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CITICORP SECURITIES, INC.
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