<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of Royal Acceptance Corporation and Subsidiary as at
December 31, 1999 and March 31, 2000 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 12-MOS
<FISCAL-YEAR-END> DEC-31-1999 DEC-31-1999
<PERIOD-START> JAN-01-1999 JAN-01-1999
<PERIOD-END> DEC-31-1999 DEC-31-1999
<CASH> 74,441 33,106
<SECURITIES> 0 0
<RECEIVABLES> 0 0
<ALLOWANCES> 429,503 0
<INVENTORY> 0 1,300,843
<CURRENT-ASSETS> 7,345,875 7,758,485
<PP&E> 106,831 193,035
<DEPRECIATION> 86,204 80,582
<TOTAL-ASSETS> 30,043,599 29,600,267
<CURRENT-LIABILITIES> 7,129,760 8,238,303
<BONDS> 0 0
0 0
0 0
<COMMON> 7,713 7,533
<OTHER-SE> 982,721 1,282,493
<TOTAL-LIABILITY-AND-EQUITY> 30,043,599 28,600,267
<SALES> 0 0
<TOTAL-REVENUES> 1,388,500 3,993,141
<CGS> 0 0
<TOTAL-COSTS> 0 1,769,070
<OTHER-EXPENSES> 499,622 0
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 430,865 1,937,172
<INCOME-PRETAX> 458,013 286,899
<INCOME-TAX> 178,000 143,000
<INCOME-CONTINUING> 280,103 143,899
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> 280,013 143,899
<EPS-BASIC> .04 .02
<EPS-DILUTED> .04 .02
</TABLE>