<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 663159 <SECURITIES> 0 <RECEIVABLES> 25915613 <ALLOWANCES> 257500 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 26657574 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 5726421 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 20931153 <TOTAL-LIABILITY-AND-EQUITY> 26657574 <SALES> 0 <TOTAL-REVENUES> 2629457 <CGS> 0 <TOTAL-COSTS> 350062 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 139804 <INTEREST-EXPENSE> 340633 <INCOME-PRETAX> 1798958 <INCOME-TAX> 0 <INCOME-CONTINUING> 1798958 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1798958 <EPS-PRIMARY> .00 <EPS-DILUTED> .00