content: SECURITIES AND EXCHANGE COMMISSION
                                                Washington, D.C. 20549
  
  
                                                       FORM 8-K
  
  
                                                    Current Report
                                            Pursuant to Section 13 or 15(d)
                                       of the Securities Exchange Act of 1934.
  
  
  
  
  Date of Report (Date of earliest event reported) July 27, 2000
  
                   PIONEER COMMERCIAL FUNDING CORP.
    (Exact name of registrant as specified in its charter)
  
  
                           New York
           (State or Other Jurisdiction of Incorporation)
  
      0-249408-NY                            13-3763437
  (Commission File Number)      (I.R.S. Employer Identification No.)
  
  
  21700 Oxnard Street, Suite 1650, Woodland Hills, CA 91367
  (Addresses of principal executive offices)      (Zip Code)
  
  (818) 346-1921
  (Registrant's telephone number, including area code)
  
  
  
  
  <PAGE>
  
  ITEM 5. OTHER EVENTS
  
  Pioneer Commercial Funding Corp., in a jury trial in the Court
  of Common Pleas of Philadelphia County against Defendant, First
  Union Bank (NYSE:FTU), successor by merger to CoreStates Bank,
  N.A. ("Bank") and other Defendants, was awarded direct damages
  of $1,779,000, consequential damages of $13,400,000 and
  punitive damages in the amount of $337,500,000 for an aggregate
  total of $352,679,000.
  
  Pioneer Commercial Funding Corp. has 2,771,136 shares of common
  stock outstanding
  
  
  
  <PAGE>
  
                              SIGNATURES
  
  
           Pursuant to the requirements of the Securities Exchange
  Act of 1934, the registrant has duly caused this report to be
  signed on its behalf by the undersigned hereunto duly
  authorized.
  
  
                    PIONEER COMMERCIAL FUNDING CORP.
                              (Registrant)
  
  
  
  By: /s/ David W. Sass
      David W. Sass, Secretary
  
  
  
  DATED: July 27, 2000
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "8-K", "secsgml_size_bytes": 1892}]
metadata_filer: {"company-data": {"conformed-name": "PIONEER COMMERCIAL FUNDING CORP /NY/", "cik": "0000867713", "assigned-sic": "6162", "irs-number": "133763437", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-24940", "film-number": "680127"}, "business-address": {"street1": "21700 ONXARD STREET", "street2": "C/O OHRENSTEIN & BROWN", "city": "WOODLAND HOLLS", "state": "CA", "zip": "91367", "phone": "8187760590"}, "mail-address": {"street1": "6660 RESODA BOULEVARD", "city": "RESODA", "state": "CA", "zip": "91335"}, "former-company": {"former-conformed-name": "PCF ACQUISITION CORP", "date-changed": "19941017"}}
text: SECURITIES AND EXCHANGE COMMISSION
                                                Washington, D.C. 20549
  
                                                       FORM 8-K
  
                                                    Current Report
                                            Pursuant to Section 13 or 15(d)
                                       of the Securities Exchange Act of 1934.
  
  Date of Report (Date of earliest event reported) July 27, 2000
  
                   PIONEER COMMERCIAL FUNDING CORP.
    (Exact name of registrant as specified in its charter)
  
                           New York
           (State or Other Jurisdiction of Incorporation)
  
      0-249408-NY                            13-3763437
  (Commission File Number)      (I.R.S. Employer Identification No.)
  
  21700 Oxnard Street, Suite 1650, Woodland Hills, CA 91367
  (Addresses of principal executive offices)      (Zip Code)
  
  (818) 346-1921
  (Registrant's telephone number, including area code)
  ITEM 5. OTHER EVENTS
  
  Pioneer Commercial Funding Corp., in a jury trial in the Court
  of Common Pleas of Philadelphia County against Defendant, First
  Union Bank (NYSE:FTU), successor by merger to CoreStates Bank,
  N.A. ("Bank") and other Defendants, was awarded direct damages
  of $1,779,000, consequential damages of $13,400,000 and
  punitive damages in the amount of $337,500,000 for an aggregate
  total of $352,679,000.
  
  Pioneer Commercial Funding Corp. has 2,771,136 shares of common
  stock outstanding
  SIGNATURES
  
           Pursuant to the requirements of the Securities Exchange
  Act of 1934, the registrant has duly caused this report to be
  signed on its behalf by the undersigned hereunto duly
  authorized.
  
                    PIONEER COMMERCIAL FUNDING CORP.
                              (Registrant)
  
  By: /s/ David W. Sass
      David W. Sass, Secretary
  
  DATED: July 27, 2000