<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,975 <SECURITIES> 0 <RECEIVABLES> 151,523 <ALLOWANCES> 23,029 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 5,923 <DEPRECIATION> 3,626 <TOTAL-ASSETS> 147,833 <CURRENT-LIABILITIES> 109,786 <BONDS> 0 <PREFERRED-MANDATORY> 49 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 31,080 <TOTAL-LIABILITY-AND-EQUITY> 147,833 <SALES> 32,317 <TOTAL-REVENUES> 33,422 <CGS> 0 <TOTAL-COSTS> 19,977 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 719 <INTEREST-EXPENSE> 12,019 <INCOME-PRETAX> 707 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 707 <EPS-PRIMARY> .06 <EPS-DILUTED> .06