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                                                                            2983

                     SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC 20549

                                 FORM 12b-25

                                              Commission File Number  0-25476
                                                                      ------

                         NOTIFICATION OF LATE FILING

  (Check One): /  / Form 10-K /  / Form 11-K /  / Form 20-F / X / Form 10-Q

/  /  Form N-SAR

For Period Ended: September 30, 1995
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/  /  Transition Report on Form 10-K    /  /  Transition Report on Form 10-Q
/  /  Transition Report on Form 20-F    /  /  Transition Report on Form N-SAR
/  /  Transition Report on Form 11-K

For the Transition Period Ended: 
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     Read attached instruction sheet before preparing form. Please print or
type.

     Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

     If the notification relates to a portion of the filing checked above
identify the Item(s) to which the notification relates: 
                                                        -----------------------

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                       PART I.  REGISTRANT INFORMATION

Full name of registrant  NAL Financial Group Inc.
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Former name if applicable

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Address of principal executive office (Street and number)

500 Cypress Creek Road West, Suite 590 
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City, State and Zip Code  Fort Lauderdale, FL 33309
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                      PART II.  RULE 12b-25 (b) AND (c)

     If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check appropriate box.)

/ /  (a) The reasons described in reasonable detail in Part III of this form
     could not be eliminated without unreasonable effort or expense;

/X/  (b) The subject annual report, semi-annual report, transition report on
     Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
     before the 15th calendar day following the prescribed due date; or the
     subject quarterly report or transition report on Form 10-Q, or portion
     thereof will be filed on or before the fifth calendar day following the
     prescribed due date; and                                   

/ /  (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
     has been attached if applicable.

                            PART III.  NARRATIVE

     State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.) Data and other
information required are not yet available for the filing and could not be made
available without unreasonable effort and expense. The Company's accounting for
the release of shares under the voting trust agreement with shareholders was
recently affected by EITF 95-8 "Accounting for Contingent Consideration Paid to
the Shareholders of An Acquired Enterprise in a Purchase Business Combination".
The ultimate decision concerning the accounting has delayed the timely filing
of the Form 10-Q for the quarter ended September 30, 1995.
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                         PART IV. OTHER INFORMATION


     (1) Name and telephone number of person to contact in regard to this
notification 

Robert R. Bartolini                      (305) 938-8200
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     (Name)                          (Area code)             (Telephone number)

     (2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during preceding 12 months or for such shorter period that the
registrant was required to file such report been filed? If the answer is no,
identify report(s).                                            / X / Yes /  / No

     (3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
                                                               / X / Yes /  / No


     If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.

        The Company's results of operations for the quarter ended September 30,
1995 reflect income before taxes of $982,000 and net income of $608,000. For the
nine months ended September 30, 1995, income before taxes was $1,725,000 and
net income totalled $1,069,000. The results for the nine months exclude a
non-cash charge of approximately $475,000 in compensation expense relating to
shares eligible for release under the voting trust arrangement. The Company has
communicated with its independent auditors relative to this issue. Management
and its accountants believe that an EITF issued in September 1995 is applicable
to the majority of the shares included in the voting trust. The final
evaluation and resolution of the accounting impact of this issue has delayed
the filing of the Form 10-Q.


                        NAL Financial Group Inc.
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                (Name of registrant as specified in charter)

Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.


Date November 14, 1995  By  /s/ Robert Carlson
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                           Robert Carlson, Principal Accounting Officer
                          

          Instruction.  The form may be signed by an executive officer of the
     registrant or by any other duly authorized representative. The name and
     title of the person signing the form shall be typed or printed beneath the
     signature. If the statement is signed on behalf of the registrant by an
     authorized representative (other than an executive officer), evidence of
     the representative's authority to sign on behalf of the registrant shall be
     filed with the form.

                                  ATTENTION

     Intentional misstatements or omissions of fact constitute Federal criminal
violations (see 18 U.S.C. 1001).

                            GENERAL INSTRUCTIONS

     1. This form is required by Rule 12b-25 of the General Rules and
Regulations under the Securities Exchange Act of 1934.

     2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information contained in or filed with
the form will be made a matter of the public record in the Commission files.

     3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of the
registrant is registered.

     4. Amendments to the notifications must also be filed on Form 12b-25 but
need not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.

     5. Electronic Filers.  This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties. Filers
unable to submit a report within the time period prescribed due to difficulties
in electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T or apply for an adjustment in filing date pursuant to Rule 13(b)
of Regulation S-T.