VENTURE LENDING & LEASING II INC
10-Q, EX-27, 2000-11-14
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<TABLE> <S> <C>

<PAGE>
<ARTICLE> 6
<CIK> 0001039802
<NAME> VLLI II, INC.
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-2001
<PERIOD-START>                             JUL-01-2000
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                          184,762
<INVESTMENTS-AT-VALUE>                         251,565
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                  21,805
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 273,370
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                         84,214
<OTHER-ITEMS-LIABILITIES>                       37,643
<TOTAL-LIABILITIES>                            121,857
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       110,000
<SHARES-COMMON-STOCK>                              101
<SHARES-COMMON-PRIOR>                               91
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        66,803
<NET-ASSETS>                                   151,513
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                6,312
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   3,406
<NET-INVESTMENT-INCOME>                          2,906
<REALIZED-GAINS-CURRENT>                       (3,199)
<APPREC-INCREASE-CURRENT>                       53,220
<NET-CHANGE-FROM-OPS>                           52,927
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        2,906
<DISTRIBUTIONS-OF-GAINS>                         3,195
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             11
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          90,239
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            1,708
<INTEREST-EXPENSE>                               1,571
<GROSS-EXPENSE>                                  3,406
<AVERAGE-NET-ASSETS>                           122,600
<PER-SHARE-NAV-BEGIN>                         1,456.54
<PER-SHARE-NII>                                  30.43
<PER-SHARE-GAIN-APPREC>                         523.79
<PER-SHARE-DIVIDEND>                             30.43
<PER-SHARE-DISTRIBUTIONS>                        33.46
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                           1,586.56
<EXPENSE-RATIO>                                    .03


</TABLE>


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