<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited financial statements of Berthel Fisher & Company Leasing, Inc. as of
June 30, 2000, and the six months ended June 30, 2000, and is qualified in its
entirety by reference to such financial statements.
</LEGEND>

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                         452,555
<SECURITIES>                                 1,502,709
<RECEIVABLES>                                4,009,853
<ALLOWANCES>                                 (469,754)
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         444,024
<DEPRECIATION>                               (281,721)
<TOTAL-ASSETS>                               5,979,146
<CURRENT-LIABILITIES>                          338,988
<BONDS>                                      5,650,156
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,621,422
<COMMON>                                       884,705
<OTHER-SE>                                 (2,516,125)
<TOTAL-LIABILITY-AND-EQUITY>                 5,979,146
<SALES>                                              0
<TOTAL-REVENUES>                               737,659
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               583,886
<LOSS-PROVISION>                                24,556
<INTEREST-EXPENSE>                             256,240
<INCOME-PRETAX>                              (127,023)
<INCOME-TAX>                                  (45,652)
<INCOME-CONTINUING>                           (81,371)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (81,371)
<EPS-BASIC>                                      (.33)
<EPS-DILUTED>                                    (.33)