<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of IKON Capital, Inc. and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          Sep-30-1996
<PERIOD-START>                             Oct-01-1995
<PERIOD-END>                               JUN-30-1996
<CASH>                                              $0
<SECURITIES>                                         0
<RECEIVABLES>                            1,287,251,000<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                      52,493,000<F2>
<DEPRECIATION>                              17,134,000<F2>
<TOTAL-ASSETS>                           1,335,080,000
<CURRENT-LIABILITIES>                                0
<BONDS>                                  1,052,900,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0<F3>
<OTHER-SE>                                 180,799,000
<TOTAL-LIABILITY-AND-EQUITY>             1,335,080,000
<SALES>                                              0
<TOTAL-REVENUES>                           106,832,000
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                            29,631,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                          42,677,000
<INCOME-PRETAX>                             35,442,000
<INCOME-TAX>                                14,531,000
<INCOME-CONTINUING>                         20,911,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                20,911,000
<EPS-PRIMARY>                                        0<F4>
<EPS-DILUTED>                                        0<F4>
<FN>
<F1>Includes net investments in leases of $1,249,127,000 and other accounts
receivable.
<F2>Includes leased equipment of: cost - $44,544,000; accumulated depreciation -
$14,780,000
<F3>Common stock, $.01 par value, 1,000 shares outstanding. Since total is less
than $1,000, zero is reported.
<F4>Not required as the registrant is a wholly - owned subsidiary.
</FN>