<ARTICLE> 5 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1 <CASH> 9,137 <SECURITIES> 0 <RECEIVABLES> 264,287 <ALLOWANCES> 5,541 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 2,570 <DEPRECIATION> 1,168 <TOTAL-ASSETS> 233,128 <CURRENT-LIABILITIES> 0 <BONDS> 143,952 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 49 <OTHER-SE> 35,125 <TOTAL-LIABILITY-AND-EQUITY> 233,128 <SALES> 0 <TOTAL-REVENUES> 26,814 <CGS> 0 <TOTAL-COSTS> 12,330 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 2,194 <INTEREST-EXPENSE> 10,649 <INCOME-PRETAX> 2,002 <INCOME-TAX> 881 <INCOME-CONTINUING> 1,121 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,121 <EPS-PRIMARY> .30 <EPS-DILUTED> .26