<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S QUARTERLY REPORT ON FORM 10-QSB FOR THE NINE MONTHS ENDED
SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                         147,301
<SECURITIES>                                         0
<RECEIVABLES>                                8,961,643
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            10,987,385
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              10,987,385
<CURRENT-LIABILITIES>                          164,417
<BONDS>                                     13,196,141
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         1,000
<OTHER-SE>                                      39,000
<TOTAL-LIABILITY-AND-EQUITY>                10,987,385
<SALES>                                      1,784,509
<TOTAL-REVENUES>                             1,794,066
<CGS>                                          891,819
<TOTAL-COSTS>                                  891,819
<OTHER-EXPENSES>                               420,323
<LOSS-PROVISION>                               276,902
<INTEREST-EXPENSE>                           1,176,175
<INCOME-PRETAX>                              (971,153)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (971,153)
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0