<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 339,588 <SECURITIES> 0 <RECEIVABLES> 12,107,991 <ALLOWANCES> 1,069,251 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 11,711,813 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 452,551 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,259,262 <TOTAL-LIABILITY-AND-EQUITY> 11,711,813 <SALES> 0 <TOTAL-REVENUES> 1,344,059 <CGS> 0 <TOTAL-COSTS> 178,692 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 313,483 <INTEREST-EXPENSE> 172,455 <INCOME-PRETAX> 679,429 <INCOME-TAX> 0 <INCOME-CONTINUING> 679,429 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 679,429 <EPS-BASIC> .00 <EPS-DILUTED> .00