<ARTICLE> 5 <PERIOD-TYPE> 12-mos <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 388,770 <SECURITIES> 0 <RECEIVABLES> 11,563,591 <ALLOWANCES> 828,563 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 11,957,239 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 947,943 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,009,296 <TOTAL-LIABILITY-AND-EQUITY> 11,957,239 <SALES> 0 <TOTAL-REVENUES> 1,663,245 <CGS> 0 <TOTAL-COSTS> 242,257 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 329,057 <INTEREST-EXPENSE> 182,350 <INCOME-PRETAX> 909,581 <INCOME-TAX> 0 <INCOME-CONTINUING> 909,581 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 909,581 <EPS-BASIC> .00 <EPS-DILUTED> .00