<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 2,604,492 <SECURITIES> 0 <RECEIVABLES> 85,704,284 <ALLOWANCES> 8,705,292 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 2,484,367 <DEPRECIATION> 1,005,289 <TOTAL-ASSETS> 102,906,271 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 54,445 <OTHER-SE> 19,490,194 <TOTAL-LIABILITY-AND-EQUITY> 102,906,271 <SALES> 0 <TOTAL-REVENUES> 20,076,611 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 8,807,370 <LOSS-PROVISION> 3,420,000 <INTEREST-EXPENSE> 3,804,359 <INCOME-PRETAX> 4,044,882 <INCOME-TAX> 1,558,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,486,882 <EPS-PRIMARY> .44 <EPS-DILUTED> 0