<PAGE>
Pricing Supplement No. 3 Filing Under
---- Rule 424(b)(2)
(To Prospectus Supplement dated June 30, 1995
including the Prospectus dated May 18, 1995)
Trade Date: 7/20/95 Registration
------------------- File No.
33-59227
Alco Capital Resource, Inc.
- --------------------------------------------------------------------------------
Medium Term Notes
CUSIP: 01374QAY4
---------------------------------
Principal Amount: 12,500,000 Floating Rate Notes: N/A
---------------------- ------------------
Interest Rate (if fixed rate): 6.75% Interest Rate Basis: N/A
--------- --------
Interest Payment Date(s): N/A -Commercial Paper Rate:
-------------- ----------
(other than June 15 and December 15) -Prime Rate:
Regular Record Date(s): N/A ---------------------
---------------- -LIBOR:
(other than May 31 and November 30) --------------------------
Stated Maturity: 7/25/00 -Treasury Rate:
----------------------- ------------------
Specified Currency: US Dollars -CD Rate:
-------------------- ------------------------
Applicable Exchange Rate (if any): N/A -Federal Funds Rate:
----- -------------
US Dollar $1.00 = N/A -Other:
------------------- --------------------------
Issue Price (as a percentage of
principal amount): 100% Index Maturity: N/A
-------- --------------------
Selling Agent: Spread: N/A
-Lehman Brothers: X ----------------------------
---------------- Spread Multiplier: N/A
-Chase Securities, Inc.: ------------------
--------- Maximum Interest Rate: N/A
-Goldman, Sachs & Co: --------------
------------ Minimum Interest Rate: N/A
-Merrill Lynch & Co: --------------
------------- Initial Interest Rate: N/A
-Other: --------------
-------------------------- Interest Reset Date(s)
(if semi-annually or annually):
Selling Agent's Commission (%): .50%
-------- ----------------------------------
Purchasing Agent: N/A Third Wednesday of: N/A
---------------------- ---------------
Purchasing Agent's Discount or Interest Reset Date (if
Commission (%): N/A weekly, monthly, or
--------------------- quarterly):
Type of Sale: ------------------
As Agent: X As Principal: Interest Determination Date(s): N/A
---- ---- ------
Net proceeds to the Company: 12,437,500 Calculation Date(s): N/A
----------- ---------------
Settlement date Calculation Agent: N/A
(original issue date): 7/25/95 ----------------
--------------- Interest Payment Date(s): N/A
Redemption Commencement Date ----------
(if any): N/A (other than June 15 and December 15)
---------------------------- Regular Record Date(s): N/A
Redemption Period: N/A ------------
--------------------- (other than May 31 and November 30)
Exchange Rate Agent: N/A Interest Reset Period: N/A
------------------- -------------
Original Issue Discount Security:
Yes: No: X
---- ----
Form:
Book Entry: X Certificated:
--- ---
Authorized by: /s/ Kathleen M. Burns
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