HELLER FINANCIAL INC
424B3, 1999-08-19
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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                                                 Rule 424(b)(3)
                                                 File No. 333-58723

Pricing Supplement No. 41                        Dated: August 17, 1999
(To Prospectus dated July 17, 1998
Prospectus Supplement dated August 28, 1998)


U.S. $5,000,000,000

Heller Financial, Inc.

Medium-Term Notes, Series I

(Registered Notes- Floating Rate)
Due From Nine Months to Thirty Years From Date of Issue

Principal Amount: $115,000,000            Issue Price: 100.00%

Original Issue Date: August 20, 1999      Stated Maturity Date: August 20, 2001

Form: [X] Book-Entry  [ ] Certificated

Depositary: Depository Trust Company

Specified Currency: U.S. Dollars
     (If other than U.S. Dollars, see attached)

Option to Receive Payments in Specified Currency: [ ] Yes [ ] No
     (Applicable only if Specified Currency is other than U.S. Dollars)

Authorized Denominations:
     (Applicable only if Specified Currency is other than U.S. Dollars)

Base Rate:   [] Commercial Paper Rate [X] LIBOR [] Treasury Rate
             [] Federal Funds Rate [] Prime Rate [] Other:

Interest Reset Period: Quarterly

Interest Payment Period: Quarterly

Interest Reset Dates (If other than as specified in the Prospectus Supplement):
The 20th day of February, May, August and November, beginning November 22, 1999
up to but excluding the Stated Maturity Date.

Interest Payment Dates (If other than as specified in the Prospectus
Supplement): The 20th day of February, May, August and November, beginning
November 22, 1999 up to and including the Stated Maturity Date.
<PAGE>

Interest Determination Date(s): Two London Banking Days prior to each Interest
Reset Date

Initial Interest Rate: 5.83%
Index Maturity: 3 Month LIBOR

Day Count Convention: Act/360

Maximum Interest Rate: N/A                    Minimum Interest Rate: N/A

Spread (+/-): +.35%                           Spread Multiplier: N/A

Optional Redemption: [ ] Yes [X] No
     Initial Redemption Date:
     The Redemption Price shall initially be   % of the principal amount of the
     Note to be redeemed and shall decline at each anniversary of the Initial
     Redemption Date by   % of the principal amount to be redeemed until the
     Redemption Price is 100% of such principal amount.

Optional Repayment: [ ] Yes [X] No
     Optional Repayment Dates:
     Optional Repayment Prices:

Repayment Provisions:
     (If other than as specified in the Prospectus Supplement)

Discount Note: [ ] Yes [X] No
     Total Amount of OID:
     Yield to Maturity:
     Initial Accrual Period OID:
Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Discount or Commission: .0953%

Other Provisions:   a)   AMOUNT ISSUED TO DATE, PRIOR TO PRICING
                         SUPPLEMENT NO. 41 UNDER MTN-SERIES I PROGRAM:
                         $3,014,375,000.00
                    b)   CUSIP #42333HMB5

Agent: Chase Securities Inc.                Credit Suisse First Boston
       270 Park Avenue                      11 Madison Avenue
       New York, New York 10017             New York, New York 10010-3629


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