<PAGE> 1
ASSET-BACKED FINANCING FACILITY
ADVANTA BANK CORP.
MONTHLY SERVICER CERTIFICATE
COLLECTION PERIOD: May 1, 2000 - May 31, 2000
--------------------------
SETTLEMENT DATE: 15-Jun-00
---------
<TABLE>
<S> <C> <C> <C>
A. SERIES INFORMATION:
ADVANTA EQUIPMENT LEASING RECEIVABLES SERIES 2000-1 LLC
SERIES 2000-1
I. AGGREGATE CONTRACT PRINCIPAL BALANCE:
(a.) Beginning Aggregate Contract Principal Balance $439,379,945.53
(b.) Contract Principal Balance of all Collections allocable to
Contracts $12,783,005.74
(c.) Contract Principal Balance of Charged-Off Contracts $1,487,586.71
(d.) Ending Aggregate Contract Principal Balance of all Contracts as
of this Settlement Date. $425,109,353.08
BALANCES ON THIS PAYMENT DATE: (AFTER PRINCIPAL PAYMENTS MADE FOR
THIS RELATED COLLECTION PERIOD)
(e.) Class A Principal Balance as of this
Settlement Date (Class A Note Factor) 0.9027306 $297,158,138.29
(e1.) Ending Class A-1 Principal Balance 0.8233783 $149,266,138.29
(e2.) Ending Class A-2 Principal Balance 1.0000000 $63,269,000.00
(e3.) Ending Class A-3 Principal Balance 1.0000000 $84,623,000.00
(f.) Ending Class B Principal Balance as of this
Settlement Date (Class B Note Factor) 0.9027306 $25,470,542.86
(g.) Ending Class C Principal Balance as of this
Settlement Date (Class C Note Factor) 0.9027306 $16,980,362.02
(h.) Ending Class D Principal Balance as of this
Settlement Date (Class D Note Factor) 0.9027118 $8,490,004.23
(i.) Ending Class E Principal Balance as of this
Settlement Date (Class E Note Factor) 0.9040004 $21,254,856.76
(j.) Ending Class F Principal Balance as of this
Settlement Date (Class F Note Factor) 0.9040004 $55,265,624.76
II. COMPLIANCE RATIOS:
(a.) Aggregate Contract Balance Remaining ("CBR") of all Contracts $492,772,463.30
(b.) CBR of Contracts 1 - 30 days delinquent $48,258,428.18
(c.) % of Delinquent Contracts 1 - 30 days as of the related
Calculation Date 9.79%
(d.) CBR of Contracts 31 - 60 days delinquent $22,638,746.21
(e.) % of Delinquent Contracts 31- 60 days as of the related
Calculation Date 4.59%
(f.) CBR of Contracts 61 - 90 days delinquent $11,762,195.17
(g.) % of Delinquent Contracts 61 - 90 days as of the related
Calculation Date 2.39%
(h.) CBR of Contracts 91 - 120 days delinquent $6,627,469.71
(i.) % of Delinquent Contracts 91 - 120 days as of the related
Calculation Date 1.34%
(j1.) % of Delinquent Contracts 31 days or more as of the related
Calculation Date 8.33%
(j2.) Month 2: Apr-00 8.79%
(j3.) Month 3: Mar-00 7.18%
(j4.) Three month rolling average % of Delinquent Contracts 31 days
or more 8.10%
(k1.) Net Charge-Off % for the related Collection Period
(annualized 30/360) 3.77%
(k2.) Month 2: Apr-00 2.57%
(k3.) Month 3: Mar-00 0.26%
(k4.) Three month rolling average % for Defaulted Contracts 2.20%
</TABLE>
Page 1 of 4
<PAGE> 2
<TABLE>
<S> <C> <C>
(l1.) Cumulative Net Loss Percentage 0.5235%
(l2.) Does the Cumulative Net Loss % exceed
(l3.) The Loss Trigger Level % from Beginning Period to and including
12th Collection Period ? Y or N NO
(l4.) The Loss Trigger Level % from 13th Collection Period to and
including 24th Collection Period ? Y or N N/A
(l5.) The Loss Trigger Level % from 25th Collection Period and
thereafter ? Y or N N/A
(m5.) Is there currently a Trigger Event which has not been cured for
this payment date Y or N NO
(m5.) Is there currently an Event of Default for this payment date
Y or N NO
III. FLOW OF FUNDS:
(1.) The amount on deposit in Available Funds $16,542,068.66
(2.) Amounts deposited, if any, by the Servicer to the Collection
Account for contracts repurchased $13,300.93
(3.) Total deposits in the Collection Account to be used as available
funds on this Payment Date (1+2) $16,555,369.59
(4.) Funds to the servicer, any Excluded Amounts-Residual Receipts $67,214.59
(a.) To the Trustee, trustee fees and expenses subject to an annual
limit --
(b.) To the Servicer, any unrecoverable servicer advances / initial
unpaid balance amounts $310,342.60
(c.) To the Servicer, the servicing fee then due and miscellaneous
amounts, if any $366,149.95
TO SERIES 2000-1 NOTEHOLDERS INCLUDING RETAINED INTEREST
HOLDERS: INTEREST
(d.) To Class A, the total Class A Note Interest for the related
interest accrual period $1,813,377.90
Interest on Class A-1 Notes $908,669.64
Interest on Class A-2 Notes $382,513.83
Interest on Class A-3 Notes $522,194.43
(e.) Interest on Class B Notes for the related interest accrual period $165,945.16
(f.) Interest on Class C Notes for the related interest accrual period $112,459.31
(g.) Interest on Class D Notes for the related interest accrual period $58,644.20
CLASS E INTEREST:
(h1.) If Class E Noteholder is not Originator, then Interest on Class E
Notes for the related interest accrual period or otherwise $0 --
(h2.) If Class E Noteholder is Originator, then amount in (h1) from
above to be paid as additional principal pro rata among the
Class A, Class B, Class C and Class D notes or otherwise $0 $187,646.46
TO SERIES 2000-1 NOTEHOLDERS INCLUDING RETAINED INTEREST HOLDERS:
PRINCIPAL
(i1.) Class A percentage 0.69999903
(i2.) To Class A, amount from reserve account, if any --
(i3.) To Class A, the Class A overdue principal, if any --
(i4.) To Class A, the Class A monthly principal payment amount $9,989,400.86
(i5.) To Class A, the additional principal, if any, allocable from
Class E interest amount $160,186.14
(i6.) To Class A, the additional principal, if any, allocable from
Class F floor amount --
(i7.) Total principal payment to Class A (i2-i6) $10,149,587.71
(i8.) Principal payment to Class A-1 Noteholders $10,149,587.71
(i9.) Principal payment to Class A-2 Noteholders --
(i10.) Principal payment to Class A-3 Noteholders --
(j1.) Class B percentage 0.059999551
(j2.) To Class B, amount from reserve account, if any --
(j3.) To Class B, the Class B overdue principal, if any --
(j4.) To Class B, the Class B monthly principal payment amount $856,229.15
(j5.) To Class B, the additional principal, if any, allocable from
Class E interest amount $13,730.16
(j6.) To Class B, the additional principal, if any, allocable from
Class F floor amount --
(j7.) Total principal payment to Class B Noteholders (j2-j6) $869,959.36
(k1.) Class C percentage 0.039999701
(j2.) To Class C, amount from reserve account, if any --
(k3.) To Class C, the Class C overdue principal, if any --
(k4.) To Class C, the Class C monthly principal payment amount $570,819.43
(k5.) To Class C, the additional principal, if any, allocable from
Class E interest amount $9,153.44
(k6.) To Class C, the additional principal, if any, allocable from
Class F floor amount --
</TABLE>
Page 2 of 4
<PAGE> 3
<TABLE>
<S> <C> <C>
(k7.) Total principal payment to Class C Noteholders (k2-k6) $579,972.87
(l1.) Class D percentage 0.01999985
(l2.) To Class D, amount from reserve account, if any --
(l3.) To Class D, the Class D overdue principal, if any --
(l4.) To Class D, the Class D monthly principal payment amount $285,409.72
(l5.) To Class D, the additional principal, if any, allocable from
Class E interest amount $4,753.51
(l6.) To Class D, the additional principal, if any, allocable from
Class F floor amount --
(l7.) Total principal payment to Class D Noteholders (l2-l6) $290,163.22
(m1.) Class E percentage 0.049998563
(m2.) To Class E, amount from reserve account, if any --
(m3.) To Class E, the Class E overdue principal, if any --
(m4.) To Class E, the Class E monthly principal payment amount $713,509.12
(m5.) To Class E, the additional principal, if any, allocable from
Class F floor amount --
(m6.) Total principal payment to Class E Noteholders (m2-m5) $713,509.12
TO THE RESERVE ACCOUNT:
(4.) The amount, if any, needed to maintain the amount in the reserve
account at the required reserve amount $ --
CLASS F PAYMENTS:
(n1.) Sub-Total of funds disbursed through the Reserve Account $15,497,326.00
(n2.) Funds available to be paid to Class F $1,058,043.60
(n3.) Class F percentage 0.130003314
(n4.) Class F floor amount $9,405,070.31
(n5.) Class F principal balance before payment of principal on this
payment date $57,120,849.07
(n6.) If Funds available to be paid to Class F (n2) is greater than $0,
then payment as follows:
(n7.) If principal balance (n5) is greater than Class F floor (n4)
then to Class F in an amount equal to the lesser of (a)
Class F monthly principal amount until the Class F principal
balance has been reduced to the Class F floor amount and (b)
funds available $1,058,043.60
(n8.) If Funds available to be paid to Class F (n2) is $0, then no
payments to Class F and enter $0
TO THE TRUSTEE:
(7.) To the Trustee, any fees and expenses not previously paid subject
to a limit
TO THE ISSUERS:
(8.) To the issuers, as owner of the pledged assets, any remaining
available funds on deposit in the collection account after all
payments are made above $ --
IV. SERVICER ADVANCES
(a.) Aggregate amount of Servicer Advances at the beginning of the
Collection Period $4,472,788.51
(b.) Servicer Advances reimbursed during the Collection Period $24,923.62
(c.) Amount of unreimbursed Service Advances to be reimbursed on the
Settlement Date --
(d.) Servicer Advances made during the related Collection Period $79,953.02
(e.) Aggregate amount of Servicer Advances at the end of the Collection
Period $4,527,817.91
(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 $4,702,535.15
(b.) Reserve Account initial deposit
(c.) Amount of interest earnings reinvested for the related Monthly
Period $ --
(d.) Amounts used to cover shortfalls, if any, for the related
Collection Period $ --
(e.) Amounts used as required in a Trigger Event, if any, for the
related Collection Period $ --
(f.) Amounts transferred in from the Collection Account, if applicable
(line 4) $ --
(g.) Interest earnings for the related Monthly Period $24,641.46
(h.) Interest earnings withdrawn and included as Available Funds for
the related Monthly Period $24,641.46
</TABLE>
Page 3 of 4
<PAGE> 4
<TABLE>
<S> <C>
(i.) Amount on deposit at the end of the related Collection Period. $4,702,535.15
(j.) Is the Required Reserve Amount equal to the balance in the Reserve
Account as of the related Collection period ? Y or N Y
VI. ADVANCE PAYMENTS
(a.) Beginning aggregate Advance Payments $2,683,850.12
(b.) Add: Amount of Advance Payments collected during the related
Collection Period $2,660,491.15
(c.) Add: Investment earnings for the related Collection Period $ --
(d.) Less: Amount of Advance Payments withdrawn for deposit into
Facility Account $2,000,693.57
(e.) Ending aggregate Advance Payments $3,343,647.70
</TABLE>
ADVANTA BANK CORP., AS SERVICER
BY: /s/ KIRK WEILER
--------------------
TITLE: VP of Finance
--------------------
DATE: 6/12/2000
--------------------
Page 4 of 4
