<PAGE>   1
Director Resolutions dated Feb. 11, 1999 regarding adoption of Sirrom Capital 
Corporation Stock Option Plans.


                                                                    EXHIBIT 4.N

     WHEREAS, the merger agreement among this Corporation, Sirrom Capital 
Corporation and FINOVA Newco Inc. dated January 6, 1999 (the "Merger 
Agreement") requires this Corporation to reissue stock options to Sirrom's 
employees on the same terms as exist immediately before the closing of that 
merger, adjusted for the exchange ratio; and

     WHEREAS, to issue those options as noted above, FINOVA will adopt Sirrom's 
three existing stock option plans, together with those changes to those Plans 
noted below.

     NOW, THEREFORE, BE IT RESOLVED that upon consummation of the merger 
contemplated by the Merger Agreement (the "Merger"), this Corporation adopts 
the following stock option plans, which will be renamed with the name appearing 
next to the name of the original plan:

Original Plan:                             New Name:
-------------                              --------

Sirrom Capital Corporation Amended and     The FINOVA Group Inc./Sirrom
  Restated 1994 Stock Option Plan            1994 Stock Option Plan

Sirrom Capital Corporation Amended and     The FINOVA Group Inc./Sirrom 1995
  Restated Stock Option Plan for Non-        Directors' Stock Option Plan
  Employee Directors

Sirrom Capital Corporation Amended and     The FINOVA Group Inc./Sirrom
  Restated 1996 Incentive Stock Option       1996 Stock Option Plan
  Plan 

     RESOLVED FURTHER, that from and after the effective date of the Merger, 
each of those plans is amended as follows:

     1.   The term "Board" means this Board.

     2.   The term "Committee" means the Human Resources Committee of The FINOVA
          Group Inc. Board of Directors or any other committee designated by
          this Board to administer that plan.

     3.   The term "Company" means the FINOVA Group Inc.


     4.   The term "Current Market Value" or comparable terms will be determined
          with reference to the price of this Corporation's stock as quoted on
          the New York Stock Exchange, rather than NASDAQ, so long as the stock
          is quoted on the NYSE.
<PAGE>   2
     5.  The term "Stock" or "shares" means the common stock of The FINOVA Group
         Inc., as it may be adjusted from time to time.

     6.  The plans shall be governed by the laws of the State of Delaware,
         without regard to that state's conflict of laws principles.

     7.  Any restrictions in those plans requiring compliance with the
         Investment Company Act of 1940 will cease to the extent those
         restrictions no longer govern the activities of this Corporation.

     FURTHER RESOLVED, that the officers of this Corporation and any one or more
of them are authorized to make such further changes, additions and deletions to 
the plans as they deem necessary or appropriate to further carry out the 
implementation of the plans by this Corporation.

     FURTHER RESOLVED, that those officers are authorized to undertake all 
actions necessary to adopt and perform their and this Corporation's obligations 
under those plans and the Merger Agreement, including without limitation 
obtaining any required or appropriate governmental or shareowner approvals or 
consents, making any filings, registrations, listings, or other declarations 
which they deem necessary or appropriate, and executing, delivering and 
performing any agreements, grants, instruments, payments and other documents in 
connection with those plans.