<ARTICLE>                     5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
CONSOLIDATED FINANCIAL STATEMENTS OF BANDO MCGLOCKLIN CAPITAL CORPORATION
AS OF AND FOR THE PERIOD ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS 
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   MAR-31-1999
<CASH>                                         1,447,438
<SECURITIES>                                   134,459,473
<RECEIVABLES>                                  2,086,746
<ALLOWANCES>                                   (101,618)
<INVENTORY>                                    4,273,992
<CURRENT-ASSETS>                               762,850
<PP&E>                                         4,599,928
<DEPRECIATION>                                 1,416,764
<TOTAL-ASSETS>                                 149,306,133
<CURRENT-LIABILITIES>                          62,985,641
<BONDS>                                        57,301,000
<PREFERRED-MANDATORY>                          16,908,025
<PREFERRED>                                    0
<COMMON>                                       266,769
<OTHER-SE>                                     11,823,578
<TOTAL-LIABILITY-AND-EQUITY>                   149,306,133
<SALES>                                        4,218,825
<TOTAL-REVENUES>                               7,292,217
<CGS>                                          2,133,059
<TOTAL-COSTS>                                  2,133,059
<OTHER-EXPENSES>                               7,228,683
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             1,769,540
<INCOME-PRETAX>                                1,332,022
<INCOME-TAX>                                   (74,174)
<INCOME-CONTINUING>                            1,257,848
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   898,100
<EPS-PRIMARY>                                  0.24
<EPS-DILUTED>                                  0.24