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<PAGE> 1
ASSET-BACKED FINANCING FACILITY
ADVANTA BUSINESS SERVICES CORP., AS SERVICER
MONTHLY SERVICER CERTIFICATE
COLLECTION PERIOD: October 1, 2000 - October 31, 2000
SETTLEMENT DATE: 15-Nov-00
A. SERIES INFORMATION
ADVANTA LEASING RECEIVABLES CORP. VIII and
ADVANTA LEASING RECEIVABLES CORP. IX
EQUIPMENT RECEIVABLES ASSET-BACKED NOTES,
SERIES 1999-1
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I. SERIES INFORMATION INCLUDING PLEDGED PROPERTY CONVEYED
(a.) Beginning Aggregate Contract Principal Balance $ 42,775,905.61
---------------
(b.) Contract Principal Balance of all Collections allocable to
Contracts $ 3,079,042.85
---------------
(c.) Contract Principal Balance of Charged-Off Contracts $ 177,913.76
---------------
(e.) Ending Aggregate Contract Principal Balance of all Contracts
as of this Settlement Date $ 39,518,949.00
---------------
BALANCES ON THIS SETTLEMENT DATE
--------------------------------
(d.) Class A Principal Balance as of this
Settlement Date (Class A Note Factor) 0.3218214 $ 31,820,453.02
------------- ---------------
(e1.) Ending Class A-1 Principal Balance 0.0000000 $ --
------------- -----------------
(e2.) Ending Class A-2 Principal Balance 0.5811482 $ 22,374,745.02
------------- -----------------
(e3.) Ending Class A-3 Principal Balance 1.0000000 $ 9,445,708.00
------------- -----------------
(f.) Ending Class B Principal Balance as of this
Settlement Date (Class B Note Factor) 0.6636640 $ 7,698,495.97
------------- ---------------
II. COMPLIANCE RATIOS
(a.) Aggregate Contract Balance Remaining ("CBR") of all Contracts $ 42,492,766.85
---------------
(b.) CBR of Contracts 1 - 30 days delinquent $ 4,212,447.31
---------------
(c.) % of Delinquent Contracts 1 - 30 days as of the related
Calculation Date 9.91%
---------------
(d.) CBR of Contracts 31 - 60 days delinquent $ 1,583,912.04
---------------
(e.) % of Delinquent Contracts 31 - 60 days as of the related
Calculation Date 3.73%
---------------
(f.) CBR of Contracts 61 - 90 days delinquent $ 682,300.36
---------------
(g.) % of Delinquent Contracts 61 - 90 days as of the related
Calculation Date 1.61%
---------------
(h.) CBR of Contracts > 91 days delinquent $ 315,557.71
---------------
(i.) % of Delinquent Contracts > 91 days as of the related
Calculation Date 0.74%
---------------
(j1.) % of Delinquent Contracts 31 days or more as of the related
Calculation Date 6.08%
---------------
(j2.) Month 2: Sep-00 7.66%
---------- ----------------
(j3.) Month 3: Aug-00 6.70%
---------- ----------------
(j4.) Three month rolling average % of Delinquent Contracts 31 days
or more 6.81%
---------------
[*The Net Charge-Off % includes an adjustment of $27,141.33
for prior periods over allocation of Recoveries.]
(k1.) Net Charge-Off % for the related Collection Period
(annualized 30/360) 2.77%
---------------
(k2.) Month 2: Sep-00 6.16%
---------- ---------------
(k3.) Month 3: Aug-00 2.38%
---------- ---------------
(k4.) Three month rolling average % for Defaulted Contracts 3.77%
---------------
Does the Cumulative Loss % exceed
(l1.) The Loss Trigger Level % from Beginning Period to and
including 12th Collection Period? Y or N n/a
---------------
(l2.) The Loss Trigger Level % from 13th Collection Period to and
including 24th Collection Period? Y or N NO
---------------
(l3.) The Loss Trigger Level % from 25th Collection Period and
thereafter? Y or N n/a
---------------
(m1.) Residual Realization for the related Collection Period 121.12%
---------------
(m2.) Month 2: Sep-00 130.54%
------ ---------------
(m3.) Month 3: Aug-00 125.54%
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(m4.) Three month rolling average Residual Realization Ratio 125.73%
-------------
(n.) Does the three month rolling Residual Realization ratio
exceed 100% ... Y or N YES
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III. FLOW OF FUNDS
(1.) The amount on deposit in Available Funds $ 3,971,018.13
-------------
(2.) The prepayment amounts deposited, if any, by the Issuers'
to the Collection Account for removal of defaulted contracts $ --
--------------
(3.) Total deposits in the Collection Account to be used as
available funds on this Payment Date $ 3,971,018.13
--------------
(a.) To the Servicer, Unrecoverable Servicer Advances/Initial
Unpaid Balance $ 148,448.28
--------------
(b.) To the Servicer, the Servicing Fee and miscellaneous amounts, if any $ 35,646.59
--------------
To Series 1999-1 Noteholders:
(c.) To Class A, the total Class A Note Interest and Class A
Overdue Interest for the related period. $ 192,630.83
--------------
Interest on Class A-1 Notes $ --
--------------
Interest on Class A-2 Notes $ 138,318.00
--------------
Interest on Class A-3 Notes $ 54,312.82
--------------
(d.) Interest on Class B Notes for the related period $ 50,483.90
--------------
(e.) To Series 1999-1 Noteholders:
To Class A, the total applicable Principal Payment $ 2,622,484.62
--------------
Principal Payment to Class A-1 Noteholders $ --
--------------
Principal Payment to Class A-2 Noteholders $ 2,622,484.62
--------------
Principal Payment to Class A-3 Noteholders $ --
--------------
To Class B for applicable Principal Payment to the extent of
the Class B Floor $ 634,471.99
--------------
(f.) To the Reserve Account:
The amount needed to increase the amount in the Reserve Account
to the Required Reserve $ --
--------------
(g.) Upon the occurrence of a Residual Event the lesser of:
(A) the remaining Available Funds and $ --
--------------
(B) the aggregate amount of Residual Receipts included in
Available Funds $ --
--------------
To be deposited to the Residual Account $ --
--------------
(h.) To the Issuers, as owner of the Pledged Assets, any remaining
Available Funds on deposit in the
Collection Account (the "Issuers' Interest") $ 286,851.93
--------------
IV. SERVICER ADVANCES
(a.) Aggregate amount of Servicer Advances at the beginning of the
Collection Period $ 964,735.85
--------------
(b.) Servicer Advances reimbursed during the Collection Period $ 39,602.22
--------------
(c.) Amount of unreimbursed Service Advances to be reimbursed on the
Settlement Date $ 148,448.28
--------------
(d.) Servicer Advances made during the related Collection Period $ --
--------------
(e.) Aggregate amount of Servicer Advances at the end of the
Collection Period $ 776,685.35
--------------
(f.) Amount of delinquent Scheduled Payments for which Servicer
Advances were not made $ --
--------------
V. RESERVE ACCOUNT
(a.) Amount on deposit at the beginning of the related Collection
Period $ 2,138,795.28
--------------
(b.) Amount of interest earnings reinvested for the related Monthly
Period $ 12,266.07
--------------
(c.) Amounts used to cover shortfalls, if any, for the related
Collection Period $ --
--------------
(d.) Amounts transferred from the Collection Account, if applicable $ --
--------------
(e.) Balance remaining before calculating Required Reserve Amount $ 2,151,061.35
--------------
(f.) Required Reserve Amount needed as of the related Collection
Period $ 1,975,947.45
--------------
(g1.) If (e) above is greater than (f), then excess amount to be
transferred to the Series Obligors $ 175,113.90
--------------
(g2.) If (e) is greater than (d), then amount of shortfall
--------------
(h.) Amounts on deposit at the end of the related Collection
Period (e minus g1) $ 1,975,947.45
--------------
(i.) Is the Required Reserve Amount equal to the balance in the
Reserve Account as of the related Collection period? Y or N YES
--------------
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VI. RESIDUAL ACCOUNT
(a.) Amount on deposit at the beginning of the related Collection Period $ --
--------------
(b.) Amounts transferred from the Collection Account $ --
--------------
(c.) Amounts used to cover shortfalls for the related Collection Period $ --
--------------
(d.) Amount on deposit at the end of the related Collection Period $ --
--------------
VII. ADVANCE PAYMENTS
(a.) Beginning aggregate Advance Payments $ 631,739.76
--------------
(b.) Add: Amount of Advance Payments collected during the related
Collection Period $ 521,396.99
--------------
(c.) Add: Investment earnings for the related Collection Period $ --
--------------
(d.) Less: Amount of Advance Payments withdrawn for deposit into Facility
Account $ 400,806.31
--------------
(e.) Ending aggregate Advance Payments $ 752,330.44
--------------
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ADVANTA BUSINESS SERVICES CORP., AS SERVICER
BY: /s/ John Paris
---------------------------------
TITLE: SR VP
---------------------------------
DATE: 11/10/00
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