<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial information extracted from Equivest
Finance, Inc. and is qualified in its entirety by reference to such financial
statements.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                             DEC-31-2000
<PERIOD-START>                                APR-01-2000
<PERIOD-END>                                  JUN-30-2000
<CASH>                                          5,537,536
<SECURITIES>                                            0
<RECEIVABLES>                                 270,508,224
<ALLOWANCES>                                  (10,803,946)
<INVENTORY>                                    92,403,761
<CURRENT-ASSETS>                                        0
<PP&E>                                         17,872,510
<DEPRECIATION>                                          0
<TOTAL-ASSETS>                                436,246,245
<CURRENT-LIABILITIES>                                   0
<BONDS>                                       298,304,143
<PREFERRED-MANDATORY>                              30,000
<PREFERRED>                                             0
<COMMON>                                          280,897
<OTHER-SE>                                     80,186,033
<TOTAL-LIABILITY-AND-EQUITY>                  436,246,245
<SALES>                                                 0
<TOTAL-REVENUES>                               40,414,305
<CGS>                                           5,644,236
<TOTAL-COSTS>                                           0
<OTHER-EXPENSES>                               22,148,092
<LOSS-PROVISION>                                1,906,471
<INTEREST-EXPENSE>                              6,472,178
<INCOME-PRETAX>                                 4,243,328
<INCOME-TAX>                                    1,775,000
<INCOME-CONTINUING>                             2,468,328
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                    2,468,328
<EPS-BASIC>                                          0.08
<EPS-DILUTED>                                        0.08