Filed Pursuant to Rule 424(B)(3)
                                 Registration Statement No. 333-116806
                                                                      
PROSPECTUS SUPPLEMENT NO. 4
(To Prospectus Dated November 10, 2004)


                     FINANCIAL FEDERAL CORPORATION
                                   
                                   
                             $175,000,000
           2.0% Convertible Subordinated Debentures Due 2034
 and Shares of Common Stock Issuable upon Conversion of the Debentures
                                   
     This Prospectus Supplement supplements information contained in
the Prospectus dated November 10, 2004 (the "Prospectus") and as
supplemented by prospectus supplement No. 3 dated November 17, 2004 of
Financial Federal Corporation relating to the potential sales of up to
$175,000,000 aggregate principal amount of Debentures and the
Conversion Shares by the Selling Securityholders.  This Prospectus
Supplement is not complete without, and may not be delivered or
utilized except in connection with, the Prospectus.  Capitalized terms
used herein but not defined have the meanings assigned to such terms
in the Prospectus.

     On December 8, 2004, we irrevocably elected to pay the value of
converted debentures, not exceeding the principal amount, in cash.  The
value of converted debentures exceeding the principal amount will be paid
in shares of our common stock.  This election shall not alter the
computation of cash settlement amounts or settlement dates.

     This election was made pursuant to Section 10.03(c) of our
Indenture, dated as of April 12, 2004, with the Trustee.  As required
under the Indenture, we provided written notice of our election to the
Trustee on December 8, 2004.  We further requested that the Trustee
deliver the notice to each Securityholder in whose name the Debentures
are registered.

     INVESTING IN THE DEBENTURES INVOLVES RISKS.  SEE "RISK FACTORS"
BEGINNING ON PAGE 6 OF THE PROSPECTUS.

                      ---------------------------

     We will not receive any of the proceeds from the sale of the
Debentures or the underlying shares of common stock by any of the
Selling Securityholders.  The Selling Securityholders may sell the
Debentures or common stock either directly or through underwriters,
broker-dealers or agents and in one or more transactions at market
prices prevailing at the time of sale or at negotiated prices.

                      ---------------------------

     NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE
SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES
OR DETERMINED IF THE PROSPECTUS OR THIS PROSPECTUS SUPPLEMENT IS
ACCURATE OR ADEQUATE.  ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.

      The date of this Prospectus Supplement is December 15, 2004