<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>
<CIK> 0000922255
<NAME> IKON CAPITAL INC
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                         349,000
<SECURITIES>                                         0
<RECEIVABLES>                            1,757,351,000<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                      87,209,000<F2>
<DEPRECIATION>                              32,971,000<F2>
<TOTAL-ASSETS>                           1,863,461,000
<CURRENT-LIABILITIES>                                0
<BONDS>                                  1,501,250,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0<F3>
<OTHER-SE>                                 253,565,000
<TOTAL-LIABILITY-AND-EQUITY>             1,863,461,000
<SALES>                                              0
<TOTAL-REVENUES>                           153,217,000
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                            44,706,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                          59,303,000
<INCOME-PRETAX>                             51,127,000
<INCOME-TAX>                                20,962,000
<INCOME-CONTINUING>                         30,165,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                30,165,000
<EPS-PRIMARY>                                        0<F4>
<EPS-DILUTED>                                        0<F4>
<FN>
<F1> Includes  net  investments  in  leases  of  $1,705,253,000  and  other
accounts receivable.
<F2>Includes leased equipment of cost - $72,779,000; accumulated depreciation -
$29,751,000.
<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>