<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information
extracted from SEC Form 10QSB and is qualified in its entirety
by reference to such financial statements.  Individual data
items on this schedule may not add up due to rounding.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                         2549765
<SECURITIES>                                         0
<RECEIVABLES>                                  7463511
<ALLOWANCES>                                 (2364963)
<INVENTORY>                                          0
<CURRENT-ASSETS>                              54175602
<PP&E>                                         1827845
<DEPRECIATION>                               (1233474)
<TOTAL-ASSETS>                                65432831
<CURRENT-LIABILITIES>                         50995185
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    2500000
<COMMON>                                        219318
<OTHER-SE>                                     6718328
<TOTAL-LIABILITY-AND-EQUITY>                  65432831
<SALES>                                       75263313
<TOTAL-REVENUES>                              10452834
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               3968103
<LOSS-PROVISION>                               4000000
<INTEREST-EXPENSE>                             1992311
<INCOME-PRETAX>                                 492420
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             492420
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    492420
<EPS-PRIMARY>                                      .08
<EPS-DILUTED>                                      .08