Rule 424(b)(3)
                                                     File No. 33-58716

Sticker Supplement No. 1  Dated April 12, 1994 to
Pricing Supplement No. 5  Dated: April 7, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)

(Referring to the subject Pricing Supplement,
please note the revised Initial Interest Rate and CUSIP number.)

U.S.$2,500,000,000

HELLER FINANCIAL, INC.

MEDIUM-TERM NOTES, SERIES F

(REGISTERED NOTES - FLOATING RATE)
DUE FROM NINE MONTHS TO THIRTY YEARS FROM DATE OF ISSUE

Principal Amount:   $10,000,000        Issue Price: 100 %

Original Issue Date: 4/14/94          Stated Maturity Date: 4/14/99

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 [ ] LIBOR [ ] Treasury Rate
     [ ] Federal Funds Rate [ ] Prime Rate [X] Other: (CMT Rate)

"CMT Rate" means, with respect to any Interest Determination Date, the rate
displayed for the applicable Index Maturity on Telerate Page 7055 under the
heading "Daily Treasury Constant Maturities and Money Markets / Federal Reserve
Board Release H.15 Monday's Approx. 3:45 P.M. EDT," for the applicable Interest
Determination Date (or such other page as may replace that page on such service
for the purpose of displaying rates or prices comparable to the CMT Rate, as
determined by the Calculation Agent).  If such rate is not so available by 3:00
P.M., New York City time, on the applicable Calculation Date, then the CMT Rate
for such

 
                                                        Rule 424(b)(3)
                                                        File No. 33-58716
Sticker Supplement No. 1  Dated April 12, 1994 to
Pricing Supplement No.: 5  Dated: April 7, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)

Interest Determination Date shall be the bond equivalent yield to maturity of
the arithmetic mean (as calculated by the Calculation Agent) of the secondary
market bid rates, as of 3:00 P.M., New York City time, on the applicable
Interest Determination Date, reported, according to their written records, by
three leading primary United States government securities dealers in The City of
New York (each, a "Reference Dealer") selected by the Calculation Agent, for the
recently issued direct noncallable fixed rate Treasury Notes with an original
maturity approximately equal to the applicable Index Maturity; provided however,
that if the Calculation Agent is not able to obtain such quotations from at
least three such Reference Dealers, the CMT Rate will remain the CMT Rate then
in effect on such CMT Interest Determination Date.

Interest Reset Period: Quarterly, unadjusted for period end dates which are not
on a Business Day.

Interest Payment Period: Quarterly, unadjusted for period end dates which are
not on a Business Day.

Interest Reset Dates: (If other than as specified in the Prospectus
Supplement)  The 14th of each January, April, July, and October, of each year
commencing April 14, 1994, until maturity.
 
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement)  The 14th of each January, April, July, and October, of each year
commencing July 14, 1994, until maturity.

Interest Determination Date(s): Two New York Business Days immediately preceding
the Interest Reset Date.
 
Initial Interest Rate: The rate in effect for April 12, 1994, to be determined
on or about April 18, 1994.

Index Maturity: Two-Years.

Day Count Convention:  Actual/Actual.

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

Spread (+/-):  -.12%          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:

 
                                                           Rule 424(b)(3)
                                                           File No. 33-58716

Sticker Supplement No. 1      Dated April 12, 1994 to
Pricing Supplement No.: 5     Dated: April 7, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)

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
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .126%
Other Provisions:  a)  AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
                            NO.5, UNDER MTN SERIES F PROGRAM: $134,000,000
                   b)  CUSIP #: 42333HDL3

Agent: Goldman, Sachs & Co.
          85 Broad Street
          27th Floor
          New York, NY  10004