<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> JUL-1-1998 <PERIOD-END> JUN-30-1999 <CASH> 542,290 <SECURITIES> 0 <RECEIVABLES> 51,103,932 <ALLOWANCES> (380,000) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 371,675 <DEPRECIATION> (266,235) <TOTAL-ASSETS> 54,510,801 <CURRENT-LIABILITIES> 40,772,584 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,738,217 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 54,510,801 <SALES> 0 <TOTAL-REVENUES> 5,591,094 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,914,454 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,440,051 <INCOME-PRETAX> 1,236,589 <INCOME-TAX> (769) <INCOME-CONTINUING> 1,237,358 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,237,358 <EPS-BASIC> .71 <EPS-DILUTED> .71