<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 204,497 <SECURITIES> 0 <RECEIVABLES> 12,926,298 <ALLOWANCES> 828,563 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 13,145,980 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 2,347,943 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 10,798,037 <TOTAL-LIABILITY-AND-EQUITY> 13,145,980 <SALES> 0 <TOTAL-REVENUES> 307,831 <CGS> 0 <TOTAL-COSTS> 47,142 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 27,123 <INCOME-PRETAX> 233,566 <INCOME-TAX> 0 <INCOME-CONTINUING> 233,566 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 233,566 <EPS-BASIC> .00 <EPS-DILUTED> .00