<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <CASH> 6,471 <SECURITIES> 0 <RECEIVABLES> 124,398 <ALLOWANCES> 4,512 <INVENTORY> 0 <CURRENT-ASSETS> 126,357 <PP&E> 1,297 <DEPRECIATION> 403 <TOTAL-ASSETS> 130,739 <CURRENT-LIABILITIES> 45,946 <BONDS> 46,453 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48 <OTHER-SE> 33,359 <TOTAL-LIABILITY-AND-EQUITY> 130,739 <SALES> 0 <TOTAL-REVENUES> 12,924 <CGS> 0 <TOTAL-COSTS> 5,984 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,296 <INTEREST-EXPENSE> 4,964 <INCOME-PRETAX> 79 <INCOME-TAX> 204 <INCOME-CONTINUING> (125) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 125 <EPS-PRIMARY> (0.03) <EPS-DILUTED> (0.03)