<TABLE> <S> <C>

<ARTICLE>                        5
<LEGEND>
================================================================================

This  schedule  contains  summary  financial   information  extracted  from  the
company's  financial  statements as of and for the 6 months ended  September 30,
1998 and is qualified in its entirety by reference to such financial statements.

================================================================================
 
</LEGEND>
<PERIOD-TYPE>                                                              6-MOS
<FISCAL-YEAR-END>                                                    Mar-31-1998
<PERIOD-START>                                                       Apr-01-1998
<PERIOD-END>                                                         Mar-31-1999
 
<CASH>                                                                   123,866
<SECURITIES>                                                                   0
<RECEIVABLES>                                                         37,609,554
<ALLOWANCES>                                                           1,125,213
<INVENTORY>                                                                    0
<CURRENT-ASSETS>                                                               0
<PP&E>                                                                   658,342
<DEPRECIATION>                                                           468,559
<TOTAL-ASSETS>                                                        38,264,230
 
<CURRENT-LIABILITIES>                                                          0
<BONDS>                                                                        0
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<COMMON>                                                              20,613,351
 
<OTHER-SE>                                                             1,175,710
<TOTAL-LIABILITY-AND-EQUITY>                                          38,264,230
 
<SALES>                                                                2,312,169
<TOTAL-REVENUES>                                                       2,312,169
<CGS>                                                                          0
<TOTAL-COSTS>                                                                  0
<OTHER-EXPENSES>                                                          49,639
<LOSS-PROVISION>                                                          90,000
<INTEREST-EXPENSE>                                                       591,785
<INCOME-PRETAX>                                                        1,281,482
<INCOME-TAX>                                                                 449
<INCOME-CONTINUING>                                                            0
<DISCONTINUED>                                                                 0
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                           1,281,033
 
<EPS-PRIMARY>                                                                .18
<EPS-DILUTED>                                                                .18
 

</TABLE>