<PAGE>
Pricing Supplement No.35 Filing Under
--- Rule 424(b)(2)
(To Prospectus Supplement dated June 30, 1995
including the Prospectus dated May 18, 1995)
Trade Date: 5/3/96 Registration
------------------- File No.
33-59227
IKON Capital, Inc.(formerly known as Alco Capital Resource, Inc.)
- --------------------------------------------------------------------------------
Medium Term Notes
CUSIP: 01374QBY3
---------------------------------
Principal Amount: $ 45,000,000 Floating Rate Notes: N/A
---------------------- -------------------
Interest Rate (if fixed rate): 6.83% Interest Rate Basis: N/A
--------- -------------
Stated Maturity: 5/10/99 -Commercial Paper Rate:
----------------------- ----------
Specified Currency: US Dollars -Prime Rate:
-------------------- ---------------------
Applicable Exchange Rate (if any): N/A -LIBOR:
----- --------------------------
US Dollar $1.00 = N/A -Treasury Rate:
------------------- ------------------
Issue Price (as a percentage of -CD Rate:
principal amount): 100% ------------------------
-------- -Federal Funds Rate:
Selling Agent: -------------
-Lehman Brothers: X -Other:
---------------- --------------------------
-Chase Securities, Inc.:
--------- Index Maturity: N/A
-Goldman, Sachs & Co.: ------------------------
------------ Spread: N/A
-Merrill Lynch & Co.: --------------------------------
------------- Spread Multiplier: N/A
-Other: ---------------------
-------------------------- Maximum Interest Rate: N/A
-----------------
Selling Agent's Commission (%): 35% Minimum Interest Rate: N/A
-------- -----------------
Purchasing Agent: N/A Initial Interest Rate: N/A
---------------------- -----------------
Purchasing Agent's Discount or Interest Reset Date(s)
Commission (%): N/A (if semi-annually or annually):
---------------------
Type of Sale: -------------------------------------
As Agent: X As Principal: Third Wednesday of: N/A
---- ---- ----------------
Net proceeds to the Company:$44,842,500 Interest Reset Date (if weekly,
----------- monthly, or quarterly):
Settlement date ----------
(original issue date): 5/8/96 Interest Determination Date(s): N/A
--------------- --------
Redemption Commencement Calculation Date(s): N/A
Date (if any): N/A -------------------
----------------------- Calculation Agent: N/A
Redemption Period: N/A ---------------------
--------------------- Interest Payment Date(s): N/A
Exchange Rate Agent: N/A ---------------
------------------ (other than June 15 and December 15)
Regular Record Date(s): N/A
Original Issue Discount Security: ----------------
Yes: No: X (other than May 31 and November 30)
--- --- Interest Reset Period: N/A
Form: -----------------
Book Entry: X Certificated
--- ---
Authorized by: /s/ KATHLEEN M. BURNS
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