<ARTICLE> 5 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <EXCHANGE-RATE> 1 <CASH> 5,016 <SECURITIES> 0 <RECEIVABLES> 209,895 <ALLOWANCES> 4,052 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 2,370 <DEPRECIATION> 925 <TOTAL-ASSETS> 183,733 <CURRENT-LIABILITIES> 0 <BONDS> 99,165 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48 <OTHER-SE> 34,542 <TOTAL-LIABILITY-AND-EQUITY> 183,733 <SALES> 0 <TOTAL-REVENUES> 11,584 <CGS> 0 <TOTAL-COSTS> 5,783 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 440 <INTEREST-EXPENSE> 4,698 <INCOME-PRETAX> 848 <INCOME-TAX> 378 <INCOME-CONTINUING> 470 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 470 <EPS-PRIMARY> .13 <EPS-DILUTED> .11