<ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 799,733 <SECURITIES> 0 <RECEIVABLES> 9,910,584 <ALLOWANCES> 14,000 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 749,525 <DEPRECIATION> 0 <TOTAL-ASSETS> 17,064,321 <CURRENT-LIABILITIES> 565,880 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 615,757 <COMMON> 1,484,741 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 17,064,321 <SALES> 0 <TOTAL-REVENUES> 1,152,070 <CGS> 0 <TOTAL-COSTS> 386,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 14,000 <INTEREST-EXPENSE> 17,811 <INCOME-PRETAX> 734,259 <INCOME-TAX> 0 <INCOME-CONTINUING> 734,259 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 734,259 <EPS-PRIMARY> 0.270 <EPS-DILUTED> 0.176