<TABLE> <S> <C>

<ARTICLE>                5
<LEGEND>
                         THIS SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION
                         EXTRACTED  FROM THE BALANCE  SHEET AS OF  DECEMBER  31,
                         1996 AND IS  QUALIFIED  IN ITS ENTIRETY BY REFERENCE TO
                         SUCH BALANCE SHEET.
</LEGEND>
<CIK>                    0000865829
<NAME>                   FFCA/PIP III INVESTOR SERVICES CORPORATION
<MULTIPLIER>             1
<CURRENCY>               U.S. DOLLARS
       
<S>                      <C>
<PERIOD-TYPE>            YEAR
<FISCAL-YEAR-END>                                                            DEC-31-1996
<PERIOD-END>                                                                 DEC-31-1996
<EXCHANGE-RATE>                                                                        1
<CASH>                                                                               100
<SECURITIES>                                                                           0
<RECEIVABLES>                                                                          0
<ALLOWANCES>                                                                           0
<INVENTORY>                                                                            0
<CURRENT-ASSETS>                                                                       0
<PP&E>                                                                                 0
<DEPRECIATION>                                                                         0
<TOTAL-ASSETS>                                                                       200
<CURRENT-LIABILITIES>                                                                  0
<BONDS>                                                                                0
<PREFERRED-MANDATORY>                                                                  0
<PREFERRED>                                                                            0
<COMMON>                                                                             100
<OTHER-SE>                                                                             0
<TOTAL-LIABILITY-AND-EQUITY>                                                         200
<SALES>                                                                                0
<TOTAL-REVENUES>                                                                       0
<CGS>                                                                                  0
<TOTAL-COSTS>                                                                          0
<OTHER-EXPENSES>                                                                       0
<LOSS-PROVISION>                                                                       0
<INTEREST-EXPENSE>                                                                     0
<INCOME-PRETAX>                                                                        0
<INCOME-TAX>                                                                           0
<INCOME-CONTINUING>                                                                    0
<DISCONTINUED>                                                                         0
<EXTRAORDINARY>                                                                        0
<CHANGES>                                                                              0
<NET-INCOME>                                                                           0
<EPS-PRIMARY>                                                                          0
<EPS-DILUTED>                                                                          0
        

</TABLE>