HELLER FINANCIAL INC
8-K, 2000-09-11
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                            _______________________

                                   FORM 8-K

                                CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



                        Date of Report: August 25, 2000
                                        ---------------
                       (Date of earliest event reported)



                          HELLER FUNDING CORPORATION
                          ---------------------------
                HELLER EQUIPMENT ASSET RECEIVABLES TRUST 1997-1
                -----------------------------------------------
            (Exact name of registrant as specified in its charter)



                                   Delaware
                                   --------
                (State or other jurisdiction of incorporation)



                  333-30207                         36-4165546
                  ---------                         ----------
           (Commission File Number)     (IRS Employer Identification Number)


        500 West Monroe Street, Chicago, Illinois           60661
        -----------------------------------------           -----
          (Address of principal executive offices)       (Zip Code)


                                (312) 441-7246
                                --------------
             (Registrant's telephone number, including area code)
<PAGE>

Item 5.    Other Events
-------    ------------

Attached, for the Distribution Date of August 25, 2000, is the Monthly Report,
filed as Exhibit 99.

Item 7.   Financial Statements and Exhibits
-------   ---------------------------------

(c)  Exhibits

99   Heller Funding Corporation - Monthly Report for the Distribution Date of
     August 25, 2000.



                                   SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.


Dated:  September 11, 2000
        ------------------



                                                HELLER FUNDING CORPORATION



                                                By: /S/ Carol J. Radtke
                                                        -----------------------
                                                        Carol J. Radtke
                                                Title:  Vice President
<PAGE>

                                 EXHIBIT INDEX


Exhibit
Number    Document Description
------    --------------------

    99    Heller Funding Corporation - Monthly Report for the Distribution Date
          of August 25, 2000.


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