<ARTICLE> BD
<CIK> 0000897998
<NAME> HL FUNDING CO. INC.
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                         351,564
<RECEIVABLES>                                  393,697
<SECURITIES-RESALE>                                  0
<SECURITIES-BORROWED>                                0
<INSTRUMENTS-OWNED>                                  0
<PP&E>                                               0
<TOTAL-ASSETS>                                 745,261
<SHORT-TERM>                                         0
<PAYABLES>                                     548,448
<REPOS-SOLD>                                         0
<SECURITIES-LOANED>                                  0
<INSTRUMENTS-SOLD>                                   0
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           100
<OTHER-SE>                                     196,713
<TOTAL-LIABILITY-AND-EQUITY>                   745,261
<TRADING-REVENUE>                                    0
<INTEREST-DIVIDENDS>                            10,171
<COMMISSIONS>                                        0
<INVESTMENT-BANKING-REVENUES>                        0
<FEE-REVENUE>                                   22,896
<INTEREST-EXPENSE>                              16,426
<COMPENSATION>                                 229,928 <F1>
<INCOME-PRETAX>                              (213,287)
<INCOME-PRE-EXTRAORDINARY>                   (213,287)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (138,637) <F2>
<EPS-PRIMARY>                                (138,637)
<EPS-DILUTED>                                        0
<FN>
<F1> $229,928 contains $15,840 legal and state fees and
     $180,900 for other operating expenses.
<F2> (138,637) is net income after a tax benefit of $74,650.