<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR YEAR <FISCAL-YEAR-END> JUN-30-1996 JUN-30-1997 JUN-30-1998 <PERIOD-START> JUL-01-1995 JUL-01-1996 JUL-01-1997 <PERIOD-END> JUN-30-1996 JUN-30-1997 JUN-30-1998 <CASH> 0 4,203 17,364 <SECURITIES> 0 0 0 <RECEIVABLES> 0 44,887 60,631 <ALLOWANCES> 0 1,868 5,090 <INVENTORY> 0 0 0 <CURRENT-ASSETS> 0 0 0 <PP&E> 0 1,784 3,852 <DEPRECIATION> 0 294 712 <TOTAL-ASSETS> 0 60,356 95,834 <CURRENT-LIABILITIES> 0 0 0 <BONDS> 0 33,156 38,415 <PREFERRED-MANDATORY> 0 6,188 13,542 <PREFERRED> 0 0 0 <COMMON> 0 2,716 2,816 <OTHER-SE> 0 (237) 754 <TOTAL-LIABILITY-AND-EQUITY> 0 60,356 95,834 <SALES> 0 0 0 <TOTAL-REVENUES> 2,654 9,055 22,451 <CGS> 0 0 0 <TOTAL-COSTS> 1,550 4,550 11,123 <OTHER-EXPENSES> 0 0 0 <LOSS-PROVISION> 528 2,529 5,902 <INTEREST-EXPENSE> 551 1,541 3,384 <INCOME-PRETAX> 25 435 2,042 <INCOME-TAX> 0 35 1,015 <INCOME-CONTINUING> 25 400 1,027 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> (18) (129) 419 <EPS-PRIMARY> (0.01) (0.05) 0.15 <EPS-DILUTED> (0.01) (0.05) 0.13