<ARTICLE>                     5
<MULTIPLIER>                                   1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                        DEC-31-1997
<PERIOD-START>                           JAN-01-1997
<PERIOD-END>                             MAR-31-1997
<CASH>                                           284
<SECURITIES>                                       0
<RECEIVABLES>                                 12,666
<ALLOWANCES>                                   1,014
<INVENTORY>                                      673
<CURRENT-ASSETS>                              14,437
<PP&E>                                           799
<DEPRECIATION>                                   207
<TOTAL-ASSETS>                                37,444
<CURRENT-LIABILITIES>                         12,948
<BONDS>                                        9,911
<PREFERRED-MANDATORY>                              0
<PREFERRED>                                        5
<COMMON>                                          57
<OTHER-SE>                                    14,523
<TOTAL-LIABILITY-AND-EQUITY>                  37,444
<SALES>                                        3,628
<TOTAL-REVENUES>                               6,437
<CGS>                                          2,417
<TOTAL-COSTS>                                  4,347
<OTHER-EXPENSES>                                   0
<LOSS-PROVISION>                               1,014
<INTEREST-EXPENSE>                               207
<INCOME-PRETAX>                                  401
<INCOME-TAX>                                     165
<INCOME-CONTINUING>                              236
<DISCONTINUED>                                     0
<EXTRAORDINARY>                                    0
<CHANGES>                                          0
<NET-INCOME>                                     236
<EPS-PRIMARY>                                    .04<F1>
<EPS-DILUTED>                                    .04

<FN>
<F1> Earnings per share was presented on a simple basis for financial statement
presentations.
</FN>