Rule 424(b)(3)
                                                 File No. 33-58716
 
 
Pricing Supplement No.: 23                       Dated:  March 27, 1995
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)

 
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: $5,000,000               Issue Price: 100 %

Original Issue Date: March 31, 1995        Stated Maturity Date: March 31, 1998

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)
June 30, September 30, December 31 and March 31 of each year, commencing March 
31, 1995
 
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement) June 30, September 30, December 31 and March 31 of each year, 
commencing June 30, 1995
 

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

Pricing Supplement No.: 23  Dated March 27, 1995
(To Prospectus dated March 17, 1993
and Prospectus Supplement dated
March 31, 1993)


Interest Determination Date(s): 2 London Business days prior to each Interest
Reset Date
 

Initial Interest Rate: 6.49219%

Index Maturity: 3 - month.

Day Count Convention:  Actual/360

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

Spread (+/-):    + .1875%                        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
Recognized Foreign Exchange Dealers: N/A
Discount or Commission:  .061%

Other Provisions:  a)  AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
                       NO. 23, UNDER MTN-SERIES F PROGRAM: $494,500,000
                   b)  CUSIP #: 42333HEE8

Agent:  First Chicago Capital Markets, Inc.
        153 West 51st Street
        Suite 4000
        New York, NY 10019