1
                                  Exhibit 23.1

                       CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the inclusion in Amendment No. 1 to the Registration Statement on
Form S-11 (File No. 333-2757) of our report dated March 20, 1996, on our audits
of the financial statements of PMC Commercial Trust.  We also consent to the
reference to our firm under the caption "Experts."


                                                        COOPERS & LYBRAND L.L.P.


Dallas, Texas
June 7, 1996