0000950116-01-500866.txt : 20011009 0000950116-01-500866.hdr.sgml : 20011009 ACCESSION NUMBER: 0000950116-01-500866 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010926 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: 1745075 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 -------------------------------------------------------------------------------- American Business Financial Services, Inc. Investment Notes Rate Supplement Prospectus Supplement dated September 25, 2001 --------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------- Same Term(2) Same Term(2) Renewal Renewal Term Rate(1) Annual Yield*(1) Rate Annual Yield* ------------------------------------------------------------------------------------------------------- 3-5 mos. NA NA 6.25% 6.44% 6-11 mos. 6.75% 6.98% 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% -------------------------------------------------------------------------------------------------------
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. -------------------------------------------------------------------------------- AMERICAN BUSINESS FINANCIAL SERVICES, INC. IS A NASDAQ LISTED COMPANY (ABFI). -------------------------------------------------------------------------------- An offer can only be made by the Prospectus dated May 11, 2001 delivered in conjunction with this Rate Supplement dated September 25, 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 16, 2001 through October 23, 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.