<ARTICLE> BD
<CIK> 0000897998
<NAME> HL FUNDING CO. INC.
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                         350,655
<RECEIVABLES>                                  451,770
<SECURITIES-RESALE>                                  0
<SECURITIES-BORROWED>                                0
<INSTRUMENTS-OWNED>                                  0
<PP&E>                                               0
<TOTAL-ASSETS>                                 802,425
<SHORT-TERM>                                         0
<PAYABLES>                                     576,691
<REPOS-SOLD>                                         0
<SECURITIES-LOANED>                                  0
<INSTRUMENTS-SOLD>                                   0
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           100
<OTHER-SE>                                     225,734
<TOTAL-LIABILITY-AND-EQUITY>                   802,425
<TRADING-REVENUE>                                    0
<INTEREST-DIVIDENDS>                             5,276
<COMMISSIONS>                                        0
<INVESTMENT-BANKING-REVENUES>                        0
<FEE-REVENUE>                                   15,238
<INTEREST-EXPENSE>                              10,999
<COMPENSATION>                                 178,310
<INCOME-PRETAX>                              (168,795)
<INCOME-PRE-EXTRAORDINARY>                   (168,795)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (109,716)
<EPS-PRIMARY>                                (109,716)
<EPS-DILUTED>                                        0