<ARTICLE> 5
       
                 
<PERIOD-TYPE>       6-MOS
<FISCAL-YEAR-END>                      DEC-31-1998
<PERIOD-START>                         JAN-01-1998
<PERIOD-END>                           JUN-30-1998
<CASH>                                 275,873    
<SECURITIES>                            62,362
<RECEIVABLES>                        6,582,892
<ALLOWANCES>                           (45,639)
<INVENTORY>                                  0
<CURRENT-ASSETS>                     7,114,138
<PP&E>                                 877,110
<DEPRECIATION>                        (143,686)
<TOTAL-ASSETS>                       7,847,562
<CURRENT-LIABILITIES>                  740,839
<BONDS>                              5,679,352
<PREFERRED-MANDATORY>                        0
<PREFERRED>                                  0
<COMMON>                             1,010,000
<OTHER-SE>                             417,371
<TOTAL-LIABILITY-AND-EQUITY>         7,847,562
<SALES>                                      0
<TOTAL-REVENUES>                       788,293
<CGS>                                        0
<TOTAL-COSTS>                          532,740
<OTHER-EXPENSES>                             0
<LOSS-PROVISION>                             0
<INTEREST-EXPENSE>                     254,861
<INCOME-PRETAX>                            692
<INCOME-TAX>                                 0
<INCOME-CONTINUING>                        692
<DISCONTINUED>                               0
<EXTRAORDINARY>                              0
<CHANGES>                                    0
<NET-INCOME>                               692
<EPS-PRIMARY>                                0
<EPS-DILUTED>                                0