<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <CASH> 514840 <SECURITIES> 0 <RECEIVABLES> 13812256 <ALLOWANCES> 200000 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 16215757 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 2001472 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 14214285 <TOTAL-LIABILITY-AND-EQUITY> 16215757 <SALES> 0 <TOTAL-REVENUES> 1450487 <CGS> 0 <TOTAL-COSTS> 68387 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 306779 <INTEREST-EXPENSE> 163361 <INCOME-PRETAX> 911960 <INCOME-TAX> 0 <INCOME-CONTINUING> 911960 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 911960 <EPS-PRIMARY> .00 <EPS-DILUTED> .00