<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 698,393 <SECURITIES> 0 <RECEIVABLES> 3,144,979 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,843,372 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,843,372 <CURRENT-LIABILITIES> 3,472,954 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 370,418 <TOTAL-LIABILITY-AND-EQUITY> 3,843,372 <SALES> 904,997 <TOTAL-REVENUES> 1,069,500 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 572,928 <LOSS-PROVISION> 600,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (103,428) <INCOME-TAX> 0 <INCOME-CONTINUING> (103,428) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (103,428) <EPS-PRIMARY> 0 <EPS-DILUTED> 0