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                                                                      EXHIBIT 11


SIRROM CAPITAL CORPORATION





                                                               
                  PER SHARE DATA
                    FOR THE QUARTER ENDING June 30, 1997(1)
               Net asset value, beginning of period               $     17.37
               Net operating income                               $      0.52
               Net realized and unrealized gains and
                 losses on investments(2)                         $      0.12
                                                                  -----------
           
               Total from investments operations                  $      0.64
           
               Less: Dividend of net investment income            $      0.39
                     Distribution of realized capital gains       $      0.00
                                                                  -----------
           
                        Total distributions                       $      0.39
           
               Net asset value, end of period                     $     17.62
           
               Per share market value, end of period              $     34.50
           
               Shares outstanding, end of period                   15,483,613
           
           


1.   All shown are based on shares outstanding per share data at end of period.

2.   Per share net realized and unrealized gains or losses include the effect of
     stock issuances at per share prices in excess of the Company's per share 
     net asset value.