<ARTICLE>                     5

       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>               DEC-31-1998               
<PERIOD-START>                  JAN-01-1998        
<PERIOD-END>                    JUN-30-1998               
<CASH>                          703664               
<SECURITIES>                    0               
<RECEIVABLES>                   8895042               
<ALLOWANCES>                    165941               
<INVENTORY>                     0               
<CURRENT-ASSETS>                0               
<PP&E>                          0               
<DEPRECIATION>                  0               
<TOTAL-ASSETS>                  9664924               
<CURRENT-LIABILITIES>           0               
<BONDS>                         0               
<PREFERRED-MANDATORY>           553010               
<PREFERRED>                     0               
<COMMON>                        0               
<OTHER-SE>                      9111914               
<TOTAL-LIABILITY-AND-EQUITY>    9664924               
<SALES>                         0               
<TOTAL-REVENUES>                592420               
<CGS>                           0               
<TOTAL-COSTS>                   70061               
<OTHER-EXPENSES>                0               
<LOSS-PROVISION>                231377               
<INTEREST-EXPENSE>              35411               
<INCOME-PRETAX>                 255571               
<INCOME-TAX>                    0               
<INCOME-CONTINUING>             255571               
<DISCONTINUED>                  0               
<EXTRAORDINARY>                 0               
<CHANGES>                       0              
<NET-INCOME>                    255571               
<EPS-PRIMARY>                   .00              
<EPS-DILUTED>                   .00