0000950116-01-500844.txt : 20011009
0000950116-01-500844.hdr.sgml : 20011009
ACCESSION NUMBER: 0000950116-01-500844
CONFORMED SUBMISSION TYPE: 424B3
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20010921
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERICAN BUSINESS FINANCIAL SERVICES INC /DE/
CENTRAL INDEX KEY: 0000772349
STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
IRS NUMBER: 870418807
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: 424B3
SEC ACT: 1933 Act
SEC FILE NUMBER: 333-40248
FILM NUMBER: 1742339
BUSINESS ADDRESS:
STREET 1: 111 PRESIDENTIAL BLVD
STREET 2: STE 215
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
BUSINESS PHONE: 6106682440
MAIL ADDRESS:
STREET 1: 111 PRESIDENTIAL BLVD STE 215
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
FORMER COMPANY:
FORMER CONFORMED NAME: GERIACO INTERNATIONAL INC /DE/
DATE OF NAME CHANGE: 19930308
FORMER COMPANY:
FORMER CONFORMED NAME: KINGSWAY ENTERPRISES INC
DATE OF NAME CHANGE: 19860327
424B3
1
four24b3.txt
424B3
Filed Pursuant to Rule 424(b)(3)
File No. 333-40248
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American Business Financial Services, Inc. Investment Notes
Rate Supplement
Prospectus Supplement dated September 19, 2001
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Same Term(2) Same Term(2)
Renewal Renewal
Term Rate(1) Annual Yield*(1) Rate Annual Yield*
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3-5 mos. NA NA 6.25% 6.44%
6-11 mos. NA NA 7.00% 7.25%
12-17 mos. 8.00% 8.32% 8.60% 8.97%
18-23 mos. 8.05% 8.38% 8.40% 8.76%
24-29 mos. 8.10% 8.43% 8.50% 8.87%
30-35 mos. 8.15% 8.49% 8.75% 9.14%
36-47 mos. 9.25% 9.69% 9.25% 9.69%
48-59 mos. 8.50% 8.87% 9.00% 9.41%
60-119 mos. 9.00% 9.41% 9.50% 9.96%
120 mos. 9.25% 9.69% 9.50% 9.96%
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Minimum for Investment Notes is $1,000
(1) These rates apply to new investments and to renewals for terms that differ
from the term of the original investment.
(2) These rates apply only to renewals for the same term as the original
investment.
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AMERICAN BUSINESS FINANCIAL SERVICES, INC. IS A NASDAQ LISTED COMPANY (ABFI).
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An offer can only be made by the Prospectus dated May 11, 2001 delivered in
conjunction with this Rate Supplement dated September 19, 2001. See "Risk
Factors" for a discussion of certain factors which should be considered in
connection with an Investment in the Notes.
*The Effective Annual Yield assumes all interest reinvested daily at the stated
rate. The rates for the Investment Notes are available from October 9, 2001
through October 15, 2001. You may obtain an additional copy of the Prospectus
dated May 11, 2001, free of charge from American Business Financial Services,
Inc. by calling (800) 776-4001.
Investment Notes represent obligations of ABFS and are not certificates of
deposit or insured or guaranteed by the FDIC or any other governmental agency.
For information, call
1-800-776-4001
[GRAPHIC OMITTED]
Bala Pointe Office Center 111 Presidential Boulevard, Suite 215 Bala Cynwyd, PA 19004
www.ABFSonline.com
Additional Information:
The discount rate used in valuing the Company's asset called interest-only
strips is 13% per annum (see Prospectus pages 13, 33, 38, 39, 41, 42, 57 and
63), except for the over-collateralization portion of this asset where the
discount rate is the highest trust certificate pass-through rate as set forth on
Prospectus pages 37 and 38 due to the different risk characteristics associated
with this portion of the asset.