<ARTICLE> 5
<MULTIPLIER>  1
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                        $330,226
<SECURITIES>                                         0
<RECEIVABLES>                               $8,660,965
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            $9,397,989
<PP&E>                                        $564,505
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                             $10,915,396
<CURRENT-LIABILITIES>                      $   719,547
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        $1,000
<OTHER-SE>                                     $39,000
<TOTAL-LIABILITY-AND-EQUITY>               $10,915,396
<SALES>                                       $321,603
<TOTAL-REVENUES>                              $329,419
<CGS>                                         $  4,967
<TOTAL-COSTS>                                 $  4,967
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                            $283,063
<INCOME-PRETAX>                               $ 41,389
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  $ 15,617
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0