<PAGE> 1
Exhibit 21.1
ASSET-BACKED FINANCING FACILITY
ADVANTA BANK CORP.
MONTHLY SERVICER CERTIFICATE
COLLECTION PERIOD: SEPTEMBER 1, 2000 - SEPTEMBER 30, 2000
SETTLEMENT DATE: 16-OCT-00
A. SERIES INFORMATION:
Advanta Equipment Leasing Receivables Series 2000-1 LLC
SERIES 2000-1
<TABLE>
<CAPTION>
I. AGGREGATE CONTRACT PRINCIPAL BALANCE:
<S> <C> <C>
(a.) Beginning Aggregate Contract Principal Balance .............................................. $ 379,629,416.04
----------------
(b.) Contract Principal Balance of all Collections
allocable to Contracts ...................................................................... $ 12,549,028.57
----------------
(c.) Contract Principal Balance of Charged-Off
Contracts ................................................................................... $ 2,937,023.40
----------------
(d.) Ending Aggregate Contract Principal Balance
of all Contracts as of this Settlement Date ................................................. $ 364,143,364.07
----------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C>
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) ............ 0.7713031 $ 253,895,230.74
--------- ----------------
(e1.) Ending Class A-1 Principal Balance ............... 0.5847325 $ 106,003,230.74
--------- ----------------
(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) ............ 0.7713031 $ 21,762,316.22
--------- ----------------
(g.) Ending Class C Principal Balance as of this
Settlement Date (Class C Note Factor) ............ 0.7713031 $ 14,508,211.08
--------- ----------------
(h.) Ending Class D Principal Balance as of this
Settlement Date (Class D Note Factor) ............ 0.7712843 $ 7,253,929.13
--------- ----------------
(i.) Ending Class E Principal Balance as of this
Settlement Date (Class E Note Factor) ............ 0.7743554 $ 18,206,644.92
--------- ----------------
(j.) Ending Class F Principal Balance as of this
Settlement Date (Class F Note Factor) ............ 0.7743554 $ 47,339,844.16
--------- ----------------
</TABLE>
<TABLE>
<S> <C> <C>
II. COMPLIANCE RATIOS:
(a.) Aggregate Contract Balance Remaining ("CBR") ................................................ $ 417,724,308.59
of all Contracts -----------------
b.) CBR of Contracts 1 - 30 days delinquent ..................................................... $ 43,991,599.78
----------------
(c.) % of Delinquent Contracts 1- 30 days as
of the related Calculation Date ............................................................. 10.53%
----------------
(d.) CBR of Contracts 31 - 60 days delinquent .................................................... $ 19,545,934.80
----------------
(e.) % of Delinquent Contracts 31- 60 days as
of the related Calculation Date ............................................................. 4.68%
----------------
(f.) CBR of Contracts 61 - 90 days delinquent .................................................... $ 8,341,720.27
----------------
(g.) % of Delinquent Contracts 61- 90 days as
of the related Calculation Date ............................................................. 2.00%
----------------
(h.) CBR of Contracts > 91 days delinquent ....................................................... $ 5,202,487.12
----------------
(i.) % of Delinquent Contracts > 91 days as of
the related Calculation Date ................................................................ 1.25%
----------------
(j1.) % of Delinquent Contracts 31 days or more
as of the related Calculation Date .......................................................... 7.92%
----------------
(j2.) Month 2: Aug-00 ........................................................................ 7.99%
------- ----------------
(j3.) Month 3: Jul-00 ........................................................................ 8.42%
------- ----------------
(j4.) Three month rolling average % of Delinquent
Contracts 31 days or more .................................................................. 8.11%
----------------
(k1.) Net Charge-Off % for the related Collection
Period (annualized 30/360) ................................................................. 7.99%
----------------
(k2.) Month 2: Aug-00 ........................................................................ 4.89%
------ ----------------
(k3.) Month 3: Jul-00 ........................................................................ 6.91%
------ -----------------
(k4.) Three month rolling average % for Defaulted Contracts ...................................... 6.60%
-----------------
</TABLE>
Page 1 of 4
<PAGE> 2
<TABLE>
<S> <C> <C> <C>
(l1.) Cumulative Net Loss Percentage ............................................................. 2.5229%
----------------
(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 ................................................... $ 16,005,354.66
----------------
(2.) Amounts deposited, if any, by the Servicer
to the Collection Account for contracts
repurchased ................................................................................ $ 35,777.26
----------------
(3.) Total deposits in the Collection Account
to be used as available funds on this
Payment Date (1+2) ......................................................................... $ 16,041,131.92
----------------
(4.) Funds to the servicer, any Excluded
Amounts-Residual Receipts .................................................................. $ 220,581.32
----------------
(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 .................................................. $ 7,237.47
----------------
(c.) To the Servicer, the servicing fee then
due and miscellaneous amounts, if any ...................................................... $ 316,357.85
----------------
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. ................................................... $ 1,571,504.84
----------------
</TABLE>
<TABLE>
<S> <C>
Interest on Class A-1 Notes ............................. $ 666,796.58
----------------
Interest on Class A-2 Notes ............................. $ 382,513.83
----------------
Interest on Class A-3 Notes ............................. $ 522,194.43
----------------
</TABLE>
<TABLE>
<S> <C> <C>
(e.) Interest on Class B Notes for the related
interest accrual period .................................................................... $ 143,031.00
----------------
(f.) Interest on Class C Notes for the related
interest accrual period .................................................................... $ 96,930.63
----------------
(g.) Interest on Class D Notes for the related
interest accrual period .................................................................... $ 50,545.28
----------------
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. .............................................................................. -
---------------
</TABLE>
<TABLE>
<S> <C>
(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 .................................................... $ 162,128.74
--------------
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 ..................................................... $ 10,840,221.35
---------------
(i5.) To Class A, the additional principal, if any,
allocable from Class E interest amount ............................. $ 138,402.78
---------------
(i6.) To Class A, the additional principal, if any,
allocable from Class F floor amount ................................ -
---------------
(i7.) Total principal payment to Class A (i2-i6) ........................ $ 10,978,624.83
---------------
</TABLE>
<TABLE>
<S> <C> <C>
(i8.) Principal payment to
Class A-1 Noteholders ............................................................ $ 10,978,624.83
----------------
(i9.) Principal payment to
Class A-2 Noteholders ............................................................ -
----------------
(i10.) Principal payment to
Class A-3 Noteholders ............................................................ -
----------------
</TABLE>
<TABLE>
<S> <C> <C> <C>
(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 ..................................................... $ 929,156.17
---------------
(j5.) To Class B, the additional principal, if any,
allocable from Class E interest amount ............................. $ 11,863.02
---------------
(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) ................................................ $ 941,019.26
----------------
(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 ..................................................... $ 619,437.45
---------------
(k5.) To Class C, the additional principal, if any,
allocable from Class E interest amount ............................. $ 7,908.68
---------------
(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> <C>
(k7.) Total principal payment to Class C
Noteholders (k2-k6) ................................................ $ 627,346.13
----------------
(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 ..................................................... $ 309,718.72
---------------
(l5.) To Class D, the additional principal, if any,
allocable from Class E interest amount ............................. $ 3,954.25
---------------
(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) ................................................ $ 313,672.97
----------------
(m1.) Class E percentage ................................................. 0.049998563
---------------
(m2.) To Class E, amount from reserve account,
if any ............................................................. $ 284,900.76
---------------
(m3.) To Class E, the Class E overdue principal,
if any ............................................................. -
---------------
(m4.) To Class E, the Class E monthly principal
payment amount ..................................................... $ 774,280.34
----------------
(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) ................................................ $ 774,280.34
---------------
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 .................................................... $ 16,041,131.91
---------------
(n2.) Funds available to be paid to Class F .............................. $ 0.01
---------------
(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 .................................. $ 49,353,082.23
---------------
(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 .................................................................... $ 0.00
----------------
(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 ................................................................ $ (0.00)
----------------
IV. SERVICER ADVANCES
(a.) Aggregate amount of Servicer Advances at
the beginning of the Collection Period. .................................................... $ 4,342,850.38
----------------
(b.) Servicer Advances reimbursed during the Collection Period .................................. $ 22,226.43
----------------
(c.) Amount of unreimbursed Service Advances to be reimbursed on the
Settlement Date ............................................................................ $ 7,237.47
----------------
(d.) Servicer Advances made during the related Collection Period ................................ $ -
----------------
(e.) Aggregate amount of Servicer Advances at the end of the Collection
Period ..................................................................................... $ 4,313,386.48
----------------
(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 .................................................................. $ 284,900.76
----------------
(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 ........................................... $ 23,729.75
----------------
(h.) Interest earnings withdrawn and included as Available Funds for the
related Monthly Period ...................................................................... $ 23,729.75
----------------
</TABLE>
Page 3 of 4
<PAGE> 4
<TABLE>
<S> <C> <C>
----------------
(i.) Amount on deposit at the end of the related Collection Period .............................. $ 4,417,634.39
----------------
(j.) Is the Required Reserve Amount equal to the balance in the Reserve Account
as of the related Collection period ? Y or N ............................................... N
----------------
VI. ADVANCE PAYMENTS
(a.) Beginning aggregate Advance Payments ....................................................... $ 3,133,793.50
----------------
(b.) Add: Amount of Advance Payments collected during the related Collection Period ............ $ 2,185,537.11
----------------
(c.) Add: Investment earnings for the related Collection Period ............................... $ -
----------------
(d.) Less: Amount of Advance Payments withdrawn for deposit into Facility Account ............... $ 2,550,546.25
----------------
(e.) Ending aggregate Advance Payments .......................................................... $ 2,768,784.36
----------------
</TABLE>
ADVANTA BANK CORP., AS SERVICER
BY: /s/ KIRK WEILER
---------------
TITLE: VP of Finance
-------------
DATE: 10/11/00
--------
Page 4 of 4
