Textron Financial 424B2 Prospectus for primary offering

Pricing Supplement dated July 5, 2007	Rule 424(b)(2)
(To Prospectus dated November 16, 2006 and	File No. 333-138755
Prospectus Supplement dated November 16, 2006)	Cusip No. 88319QL68

Textron Financial Corporation
Medium-Term Notes, Series E
Due Nine Months or More from Date of Issue

Textron Financial Canada Funding Corp.
Medium-Term Notes, Series E-CAD
Due Nine Months or More from Date of Issue

Fully and Unconditionally Guaranteed
by
Textron Financial Corporation

Fixed Rate

Issuer: Textron Financial Corporation

Principal Amount: $10,000,000	Interest Rate: 6.20% per annum
Issue Price: 100.000%	Original Issue Date : July 17, 2007
Agent’s Discount or Commission: $0	Stated Maturity Date: July 17, 2037
Net Proceeds to Issuer: $10,000,000

CALCULATION OF REGISTRATION FEE

Title of each class	Maximum Aggregate		Amount of
of securities offered:	Offering Price (1):		Registration Fee
Medium-Term Notes, Series F due July 17, 2037	$	10,000,000	$	307.00
TOTAL			$	307.00

(1) Excludes accrued interest, if any.

Interest Payment Dates:
o	March 15th and September 15th
þ	Other: The 17th day of each month beginning August 17, 2007 subject to the Following Business Day Convention
Regular Record Dates (if other than the last day of February and August): The 2nd day of each month beginning August 2nd, 2007
Redemption:
o	The Notes cannot be redeemed prior to the Stated Maturity Date.
þ	The Notes can be redeemed prior to the Stated Maturity Date. See Other Provisions
	Initial Redemption Date:
	Initial Redemption Percentage:
	Annual Redemption Percentage Reduction: ___% until Redemption Percentage is 100% of the Principal Amount.
Optional Repayment:
þ	The Notes cannot be repaid prior to the Stated Maturity Date at the option of the holder of the Notes.
o	The Notes can be repaid prior to the Stated Maturity Date at the option of the holder of the Notes.
	Optional Repayment Date(s):
	Optional Repayment Price(s):

Specified Currency (if other than U.S. dollars):
Authorized Denomination (if other than $1,000 and integral multiples thereof):
Exchange Rate Agent:
Original Issue Discount:o Yes     þ No
Issue Price:    %
	Total Amount of OID:
	Yield to Maturity:
	Initial Accrual Period OID:

Agent:
þ	Merrill Lynch, Pierce, Fenner & Smith                       Incorporated	o     HSBC Securities (USA) Inc.
o	Banc of America Securities LLC	o     J.P. Morgan Securities Inc.
o	Barclays Capital Inc.	o     Tokyo-Mitsubishi International plc
o	Citigroup Global Markets Inc.	o     UBS Securities LLC
o	Credit Suisse First Boston LLC	o     Wachovia Capital Markets, LLC
o	Deutsche Bank Securities Inc.	o     Other: __________________

Agent acting in the capacity as indicated below:
þ	Agent     o Principal
If as Principal:
o	The Notes are being offered at varying prices related to prevailing market prices at the time of resale.
o	The Notes are being offered at a fixed initial public offering price of ___% of the Principal Amount.
If as Agent:
	The Notes are being offered at a Variable Rate.
Other Provisions:
	Initial Redemption Date: July 17, 2012 with 10 calendar days notice
	Initial Redemption Percentage: 100.000%
	Subsequent Redemption Dates: Semi-annually on the 17th of each January and July (after Initial Redemption Date) with 10 calendar days notice
	Subsequent Redemption Percentage: 100.000%

Terms are not completed for certain items above because such items are not applicable.