-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KEK0LIZigZMX+nAYPp/zsxnGTMBz1NICF6jzm0+WiNQXGyhAJw5zAKZe/p6Vcjia EbeQs0rq/QREMPdpZhrurg== 0000893220-07-003144.txt : 20070920 0000893220-07-003144.hdr.sgml : 20070920 20070920092916 ACCESSION NUMBER: 0000893220-07-003144 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070831 FILED AS OF DATE: 20070920 DATE AS OF CHANGE: 20070920 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA BUSINESS RECEIVABLES CORP CENTRAL INDEX KEY: 0001107920 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-32874 FILM NUMBER: 071126073 BUSINESS ADDRESS: STREET 1: 639 ISBELL RD. STREET 2: SUITE 390 CITY: RENO STATE: NV ZIP: 89509 BUSINESS PHONE: 215 444-5380 MAIL ADDRESS: STREET 1: 639 ISBELL RD STREET 2: STE 390 CITY: RENO STATE: NV ZIP: 89509 10-D 1 w37235be10vd.htm FORM 10-D ADVANTA BUSINESS RECEIVABLES CORP. e10vd
Table of Contents

 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-D
ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTHLY REPORTING PERIOD FROM August 1, 2007 THROUGH August 31, 2007
COMMISSION FILE NUMBER OF ISSUING ENTITY: 333-141065
Advanta Business Card Master Trust
(Exact name of issuing entity as specified in its charter)
(Issuing entity in respect of the Notes)
Advanta Business Receivables Corp.
(Exact name of depositor as specified in its charter)
Advanta Bank Corp.
(Exact name of sponsor as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation or organization
of the issuing entity)
c/o Wilmington Trust Company,
Rodney Square North
1100 North Market St.
Wilmington, DE, 19890
(Address of principal executive offices of issuing entity)
(302) 651-8951
(Telephone number, including area code)
23-2852207
(I.R.S. Employer Identification No. Issuing Entity)
N/A
(Former name, former address, if changed since last report)
Each class of Notes to which this report on Form 10-D relates is subject to the reporting requirements of Section 15(d) of the Securities Exchange Act of 1934. The title of each class of Notes to which this report on Form 10-D relates is set forth in Exhibit 99.2 hereto.
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o
 
 

TABLE OF CONTENTS

PART I. Distribution Information
Item 1. Distribution and Pool Performance Information:
PART II. Other Information
Item 8.01. Other Information
Item 9 — Exhibits
Item 9.01 (c). Exhibits
SIGNATURES
Exhibit Index
Series 2001-A Asset Backed Notes - Monthly Noteholder's Statement
AdvantaSeries Asset Backed Notes - Monthly Noteholder's Statement

Table of Contents

     PART I. Distribution Information
Item 1. Distribution and Pool Performance Information:
Response to Item 1 is set forth in Exhibit 99.
     PART II. Other Information
Item 8.01. Other Information
Defined terms used in this 10-D but not defined herein have the meanings ascribed to them in Advanta Business Card Master Trust Master Indenture or the applicable Indenture Supplement for each Series listed in Item 9.01 below.
As of August 31, 2007 the Advanta Business Card Master Trust receivables balance was $5.9 billion. Additional receivables with a balance of approximately $ 83 million (as of August 31, 2007) will be added to the Trust effective today, September 20, 2007.
In accordance with the terms of the respective AdvantaSeries Terms Document, the Accumulation Period for the following tranches has been postponed and is expected to begin on the dates indicated below:
         
    Expected Start of   Expected Final
AdvantaSeries Tranche   Accumulation Period   Principal Payment Date
AdvantaSeries Class A(2006-A1)
  September 30, 2007   November 20, 2007
AdvantaSeries Class A(2005-A4)
  December 31, 2007   February 20, 2008
AdvantaSeries Class A(2005-A1)
  March 31, 2008   May 20, 2008
AdvantaSeries Class D(2005-D1)
  April 30, 2008   June 20, 2008
AdvantaSeries Class C(2005-C1)
  July 31, 2008   September 22, 2008
In accordance with the Series 2001-A Indenture Supplement, the Accumulation Period for Series 2001-A has been postponed and is expected to begin at the close of business on January 31, 2008, and the Reserve Account Funding Date is expected to begin on the December 2007 Payment Date. The Expected Final Principal Payment Date is the April 2008 Payment Date.

 

Table of Contents

Item 9 — Exhibits
Item 9.01 (c). Exhibits
     The following are filed as exhibits to this Report under Exhibit 99:
99.1   Series 2001-A Asset Backed Notes – Monthly Noteholder’s Statement for the Monthly Period of August 1, 2007 through August 31, 2007
 
99.2   AdvantaSeries Asset Backed Notes – Monthly Noteholder’s Statement for the Monthly Period of August 1, 2007 through August 31, 2007

3

Table of Contents

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 thereunto duly authorized.
             
    ADVANTA BUSINESS RECEIVABLES CORP.
(Depositor)		    
 
            
 
  By:   /s/ Susan A. McVeigh
         
 
  Name:   Susan A. McVeigh    
 
  Title:   Vice President and Treasurer    
 
            
    ADVANTA BANK CORP.
(Servicer)		    
 
            
 
  By:   /s/ Michael Coco
         
 
  Name:   Michael Coco    
 
  Title:   Vice President and Treasurer    
Dated: September 20, 2007

 

Table of Contents

Exhibit Index
Exhibit No.
The following are filed as exhibits to this Report under Exhibit 99:
99.1   Series 2001-A Asset Backed Notes – Monthly Noteholder’s Statement for the Monthly Period of August 1, 2007 through August 31, 2007
99.2   AdvantaSeries Asset Backed Notes – Monthly Noteholder’s Statement for the Monthly Period of August 1, 2007 through August 31, 2007
 5

 

EX-99.1 2 w37235bexv99w1.htm SERIES 2001-A ASSET BACKED NOTES - MONTHLY NOTEHOLDER'S STATEMENT exv99w1
 

EXHIBIT C
CLASS A CUSIP #00761HAG6
CLASS B CUSIP #00761HAH4
CLASS C CUSIP #00761HAJ0
CLASS D CUSIP #00761HCJ8
MONTHLY NOTEHOLDER’S STATEMENT
ADVANTA BANK CORP.
ADVANTA BUSINESS CARD MASTER TRUST
SERIES 2001-A
PERIOD ENDING AUGUST 31, 2007
Capitalized terms used in this statement have their respective meanings set forth in the Master Indenture as amended and as supplemented by the Series 2001-A Indenture Supplement, the Transfer and Servicing Agreement as amended or the Trust Agreement as amended. References to certain sections and subsections are references to the respective sections and subsections of the Master Indenture as amended and as supplemented by the Series 2001-A Indenture Supplement.
The information which is required to be prepared with respect to the Payment Date of September 20, 2007 and with respect to the performance of the Trust during the Monthly Period of August 1, 2007 through August 31, 2007 is set forth below.
The Interest Period for all classes includes the previous Payment Date through and including the day preceding the current Payment Date. Interest is calculated on the basis of 360-day year and the actual number of days in the related Interest Period.
The Record Date with respect to the current Payment Date is September 19, 2007.
The Determination Date with respect to the current calendar month is September 12, 2007.
The documents mentioned above may be found in the following Securities and Exchange Commission (“SEC”) filings.
     
Master Indenture, dated as of August 1, 2000.
  Included in Exhibit 4.1 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.
Amendment No. 1 to the Master Indenture, dated as of May 9, 2006.
  Included in Exhibit 4.1 to the Form 8-K filed with the SEC on May 19, 2006 by Advanta Business Receivables Corp.
 
    
Series 2001-A Indenture Supplement, dated as of April 1, 2001.
  Included in Exhibit 4.1 to the Form 8-K filed with the SEC on April 24, 2001 by Advanta Business Receivables Corp.
 
    
Transfer and Servicing Agreement (“TSA”), dated as of August 1, 2000.
  Included in Exhibit 4.3 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.
Amendment No. 1 to the TSA, dated as of May 9, 2006.
  Included in Exhibit 4.3 to the Form 8-K filed with the SEC on May 19, 2006 by Advanta Business Receivables Corp.
 
    
Trust Agreement, dated as of August 1, 2000.
  Included in Exhibit 4.4 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.
Amendment No. 1 to the Trust Agreement, dated as of May 9, 2006.
  Included in Exhibit 4.2 to the Form 8-K filed with the SEC on May 19, 2006 by Advanta Business Receivables Corp.
I. Information regarding the current monthly principal distribution to the Noteholders
                 
    Total amount of    
    principal to be paid   Per $1,000
1. Class A Noteholders
   $ —       —  
2. Class B Noteholders
   $ —       —  
3. Class C Noteholders
   $ —       —  
4. Class D Noteholders
   $ —       —  
II. Information regarding the current monthly interest distribution to the Noteholders
                 
    Total amount of    
    interest to be paid   Per $1,000
1. Class A Noteholders
   $ 1,206,416.67       5.02674  
2. Class B Noteholders
   $ 156,759.90       5.50035  
3. Class C Noteholders
   $ 128,165.63       6.10313  
4. Class D Noteholders
   $ 95,276.56       9.07396  
III. Information regarding the total monthly distribution to the Noteholders
                 
    Total amount    
    to be paid   Per $1,000
1. Class A Noteholders
   $ 1,206,416.67       5.02674  
2. Class B Noteholders
   $ 156,759.90       5.50035  
3. Class C Noteholders
   $ 128,165.63       6.10313  
4. Class D Noteholders
   $ 95,276.56       9.07396  

 

 

IV. Information regarding the performance of the Advanta Business Card Master Trust
         
1. The aggregate amount of such Collections with respect to Principal Receivables for the Monthly Period preceding such Payment Date
   $ 1,156,035,756.71  
 
      
 
        
2. The aggregate amount of such Collections with respect to Finance Charge and Administrative Receivables for the Monthly Period preceding such Payment Date
   $ 89,889,744.31  
 
      
 
        
2a. Interchange for the Monthly Period preceding such Payment Date (included in the amount shown above on line item IV. 2. )
   $ 21,446,497.48  
 
      
 
        
2b. Recoveries for the Monthly Period preceding such Payment Date (included in the amount shown above on line item IV. 2.)
   $ 2,420,140.05  
 
      
 
        
3. The Defaulted Amount for the preceding Monthly Period
   $ 21,179,341.74  
 
      
 
        
4. The annualized percentage equivalent of a fraction, the numerator of which is the Defaulted Amount less Recoveries for the preceding Monthly Period, and the denominator is the average Receivables for the preceding Monthly Period
     3.85 %
 
      
 
        
5. The total amount of Principal Receivables in the Trust at the beginning of the preceding Monthly Period
   $ 5,740,256,436.35  
 
      
 
        
6. The total amount of Principal Receivables in the Trust as of the last day of the preceding Monthly Period
   $ 5,818,471,408.76  
 
      
 
        
7. The total amount of Finance Charge and Administrative Receivables in the Trust at the beginning of the preceding Monthly Period
   $ 74,561,196.89  
 
      
 
        
8. The total amount of Finance Charge and Administrative Receivables in the Trust as of the last day of the preceding Monthly Period
   $ 74,277,543.40  
 
      
 
        
9. The aggregated Adjusted Invested Amounts of all Series of Notes outstanding as of the last day of the preceding Monthly Period
   $ 4,875,171,046.00  
 
      
 
        
10. The Transferor Interest as of the last day of the preceding Monthly Period
   $ 943,300,362.76  
 
      
 
        
11. The transferor percentage as of the last day of the preceding Monthly Period
     16.21 %
 
      
 
        
12. The Required Transferor Percentage
     6.00 %
 
      
 
        
13. The Required Transferor Interest
  $ 349,108,284.53  
 
      
 
        
14. The monthly principal payment rate for the preceding Monthly Period .
     20.14 %
 
      
 
        
15 The balance in the Excess Funding Account as of the last day of the preceding Monthly Period
   $ —  
 
      
 
        
16. The aggregate outstanding balance of the Accounts which were delinquent as of the close of business on the last day of the Monthly Period preceding such Payment Date:
        
                 
    Percentage     Aggregate  
    of Total     Account  
    Receivables     Balance  
(a) Delinquent between 30 days and 59 days
     0.94 %   $ 55,363,631.56  
(b) Delinquent between 60 days and 89 days
     0.70 %   $ 41,284,287.74  
(c) Delinquent between 90 days and 119 days
     0.58 %   $ 33,946,210.01  
(d) Delinquent between 120 days and 149 days
     0.40 %   $ 23,857,458.16  
(e) Delinquent between 150 days and 179 days
     0.44 %   $ 25,852,779.32  
(f) Delinquent 180 days or greater
     0.00 %   $ —  
 
            
(g) Aggregate
     3.06 %   $ 180,304,366.79  
 
            
V. Information regarding Series 2001-A
                 
1. The amount of Principal Receivables in the Trust represented by the Invested Amount of Series 2001-A as of the last day of the related Monthly Period
           $ 300,000,000.00  
 
              
 
                
2. The amount of Principal Receivables in the Trust represented by the Adjusted Invested Amount of Series 2001-A on the last day of the related Monthly Period
       $ 300,000,000.00  
 
              
 
   note factors        
 
3. The amount of Principal Receivables in the Trust represented by the Class A Note Principal Balance on the last day of the related Monthly Period
     1.0000     $ 240,000,000.00  
 
              
 
                
4. The amount of Principal Receivables in the Trust represented by the Class B Note Principal Balance on the last day of the related Monthly Period
     1.0000     $ 28,500,000.00  
 
              
 
                
5. The amount of Principal Receivables in the Trust represented by the Class C Note Principal Balance on the last day of the related Monthly Period
     1.0000     $ 21,000,000.00  
 
              
 
                
6. The amount of Principal Receivables in the trust represented by the Class D Note Principal Balance on the last day of the related Monthly Period
     1.0000     $ 10,500,000.00  
 
              
 
                
7. The Floating Investor Percentage with respect to the period:
                
 
                
August 1, 2007 through August 19, 2007
             5.2262474 %
 
              
August 20, 2007 through August 31, 2007
             5.0964179 %
 
              
 
                
8. The Fixed Investor Percentage with respect to the period:
                
August 1, 2007 through August 19, 2007
             N/A  
 
              
August 20, 2007 through August 31, 2007
             N/A  
 
              
 
                
9. The amount of Investor Principal Collections applicable to Series 2001-A
           $ 59,773,777.42  
 
              

 

 

                 
10a. The amount of Available Finance Charge Collections on deposit in the Collection Account for the related Monthly Period
           $ 3,423,807.36  
 
              
 
                
10b. Pursuant to Section 8.04(a) of the Master Indenture, the amount of Available Finance Charge Collections not on deposit in the Collection Account for the related Monthly Period
           $ 1,238,520.22  
 
              
 
                
11. The Investor Default Amount for the related Monthly Period
           $ 1,081,291.96  
 
              
 
                
12. The Monthly Servicing Fee for the related Monthly Period
           $ 500,000.00  
 
              
 
                
13. The excess spread amount for the related Monthly Period (Available Finance Charge Collections minus the sum of the amounts determined pursuant to subsections 4.04 (a) (i) — (v) and subsection 4.04 (a) (viii) of the Series 2001-A Indenture Supplement)
           $ 1,494,416.86  
 
              
 
                
14. Trust yields for the related Monthly Period
                
 
                
a. The cash yield for the related Monthly Period
             18.65 %
 
              
 
                
b. The default rate for the related Monthly Period
             4.33 %
 
              
 
                
c. The Net Portfolio Yield for the related Monthly Period
             14.32 %
 
              
 
                
d. The Base Rate for the related Monthly Period
             8.35 %
 
              
 
                
e. The Excess Spread Percentage for the related Monthly Period
             5.97 %
 
              
 
                
f. The Quarterly Excess Spread Percentage for the related Monthly Period
             5.73 %
 
              
 
                
i) Excess Spread Percentage related to Aug-07
             5.97 %
 
              
 
                
ii) Excess Spread Percentage related to Jul-07
             5.24 %
 
              
 
                
iii) Excess Spread Percentage related to Jun-07
             5.99 %
 
              
 
                
15. Floating Rate Determinations:
                
 
                
LIBOR for the Interest Period from August 20, 2007 through and including September 19, 2007
             5.53750 %
 
              
 
                
16. Principal Funding Account
                
 
                
a. The beginning Principal Funding Account Balance (ending balance as of the previous Payment Date)
           $ —  
 
              
b. Principal Funding Investment Proceeds for the related Payment Date
           $ —  
 
              
c. Principal Funding Investment Proceeds withdrawn and deposited into the Collection Account to be treated as Available Finance Charge Collections for the related Payment Date
           $ —  
 
              
d. During the Controlled Accumulation Period, the Monthly Principal deposited into the Principal Funding Account
           $ —  
 
              
e. On the earliest to occur of (a) the first Payment Date during the Early Amortization Period and (b) the Expected Final Principal Payment Date, the amount withdrawn for payment to the Noteholders
           $ —  
 
              
f. The ending Principal Funding Account Balance on the related Payment Date
           $ —  
 
              
 
                
g. The Accumulation Shortfall with respect to the related Monthly Period
           $ —  
 
              
 
                
17. Reserve Account
                
 
                
a. The beginning Reserve Account balance (ending balance as of the previous Payment Date)
           $ —  
 
              
b. Interest earnings on the Reserve Account
           $ —  
 
              
c. Interest earnings on the Reserve Account withdrawn and deposited into the Collection Account to be treated as Available Finance Charge Collections for the related Payment Date
           $ —  
 
              
d. On each Payment Date from and after the Reserve Account Funding Date, the amount deposited into the Reserve Account pursuant to subsection 4.04(a)(vii) of the Series 2001-A Indenture Supplement
           $ —  
 
              
e. The Reserve Draw Amount deposited into the Collection Account and treated as Available Finance Charge Collections for the related Monthly Period
           $ —  
 
              
f. The Reserve Account Surplus withdrawn and deposited into the Cash Collateral Account
           $ —  
 
              
g. Amount withdrawn from the Reserve Account and paid to the holders of the Trust Beneficial Interests pursuant to subsection 4.10(f) of the Series 2001-A Indenture Supplement
           $ —  
 
              
h. The ending Reserve Account balance on the related Payment Date
           $ —  
 
              
 
                
i. The Required Reserve Account Amount on the related Payment Date
           $ —  
 
              
 
                
j. The Available Reserve Account Amount on the related Payment Date
           $ —  
 
              
 
                
18. Cash Collateral Account
                
 
                
a. The beginning Cash Collateral Account balance (ending balance as of the previous Payment Date)
           $ 5,250,000.00  
 
              
b. Investment Earnings since the preceding Payment Date
           $ 23,425.87  
 
              
c. Amount withdrawn from the Cash Collateral Account to cover disbursements pursuant to subsections 4.04(a)(iv) and 4.04(a)(viii) of the Series 2001-A Indenture Supplement
           $ —  
 
              
d. Amount withdrawn from the Cash Collateral Account on the Series 2001-A Final Maturity Date for distributions to the Class C Noteholders and the Class D Noteholders
           $ —  
 
              
e. Amount withdrawn from the Cash Collateral Account on the day following the occurrence of an Event of Default for distributions to the Class C Noteholders and the Class D Noteholders
           $ —  
 
              
f. Amount deposited into the Cash Collateral Account to cover any Cash Collateral Account Deficiency
           $ —  
 
              
g. Amount withdrawn from the Cash Collateral Account equaled to the excess over the Required Cash Collateral Account Amount and paid to the Transferor
           $ 23,425.87  
 
              
h. Remaining Cash Collateral Account amount withdrawn on the date on which the Class C Note Principal Balance and the Class D Note Principal Balance have been paid in full and paid to the Transferor .
           $ —  
 
              
i. The ending Cash Collateral Account balance on the related Payment Date
           $ 5,250,000.00  
 
              

 

 

                 
j. The Required Cash Collateral Account Amount on the related Payment Date
           $ 5,250,000.00  
 
              
 
                
k. The Available Cash Collateral Account Amount on the related Payment Date
           $ 5,250,000.00  
 
                
 
              
19. Investor Charge-Offs
                
 
                
a. The aggregate amount of Investor Charge-Offs for the related Monthly Period
           $ —  
 
              
 
                
b. The aggregate amount of Investor Charge-Offs reimbursed on the Payment Date
           $ —  
 
              
 
                
20. The Monthly Principal Reallocation Amount for the related Monthly Period
           $ —  
 
              
         
Advanta Bank Corp. as Servicer    
 
        
By:
Name:
  /s/ DAVID B. WEINSTOCK
 
David B. Weinstock 		   
Title:
  Vice President    

 

EX-99.2 3 w37235bexv99w2.htm ADVANTASERIES ASSET BACKED NOTES - MONTHLY NOTEHOLDER'S STATEMENT exv99w2
 

EXHIBIT C
MONTHLY NOTEHOLDER’S STATEMENT
ADVANTA BANK CORP.
ADVANTA BUSINESS CARD MASTER TRUST
ADVANTASERIES
PERIOD ENDING AUGUST 31, 2007
Capitalized terms used in this notice have their respective meanings set forth in the Master Indenture as amended and as supplemented by the AdvantaSeries Indenture Supplement, the Transfer and Servicing Agreement as amended or the Trust Agreement as amended. References to certain sections and subsections are references to the respective sections and subsections of the Master Indenture as amended and as supplemented by the AdvantaSeries Indenture Supplement.
The information which is required to be prepared with respect to the Payment Date of September 20, 2007 and with respect to the performance
of the Trust during the Monthly Period of August 1, 2007 through August 31, 2007 is set forth below.
The Interest Period for all Tranches generally includes the previous Payment Date (or in the case of the first Interest Payment Date, the Closing Date) through and including the day preceding the current Payment Date. Interest on floating rate Tranches is calculated on the basis of 360-day year and the actual number of days in the related Interest Period. Interest on fixed rate Tranches is calculated on the basis of a 360-day year and twelve 30-day months.
The Record Date with respect to the current Payment Date is September 19, 2007.
The Determination Date with respect to the current calendar month is September 12, 2007.
The documents mentioned above may be found in the following Securities and Exchange Commission (“SEC”) filings.
     
Master Indenture, dated as of August 1, 2000.
  Included in Exhibit 4.1 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.
Amendment No. 1 to the Master Indenture, dated as of May 9, 2006.
  Included in Exhibit 4.1 to the Form 8-K filed with the SEC on May 19, 2006 by Advanta Business Receivables Corp.
Adjustment of the Enhancement Levels
  Included in the Form 8-K filed with the SEC on February 12, 2007 by Advanta Business Receivables Corp.
Adjustment of the Enhancement Levels
  Included in the Form 8-K filed with the SEC on May 25, 2007 by Advanta Business Receivables Corp.
 
    
AdvantaSeries Indenture Supplement, dated as of November 1, 2004.
  Included in Exhibit 4.1 to the Form 8-K filed with the SEC on November 12, 2004 by Advanta Business Receivables Corp.
 
    
Transfer and Servicing Agreement (“TSA”), dated as of August 1, 2000.
Amendment No. 1 to the TSA, dated as of May 9, 2006.
  Included in Exhibit 4.3 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.
Included in Exhibit 4.3 to the Form 8-K filed with the SEC on May 19, 2006 by Advanta Business Receivables Corp.
 
    
Trust Agreement, dated as of August 1, 2000.

Amendment No. 1 to the Trust Agreement, dated as of May 9, 2006.
  Included in Exhibit 4.4 to the Form 8-K filed with the SEC on August 30, 2000 by Advanta Business Receivables Corp.
Included in Exhibit 4.2 to the Form 8-K filed with the SEC on May 19, 2006 by Advanta Business Receivables Corp.
I. Information regarding the current monthly principal distribution to the Noteholders
                         
    CUSIP Number     Total amount of principal to be paid     Per $1,000  
NOTHING TO REPORT
                        
II. Information regarding the current monthly interest distribution to the Noteholders
                     
    CUSIP Number   Total amount of interest to be paid   Per $1,000
2005-A1
   00761H BJ 9   $ 1,207,170.14       4.82868  
2005-A2
   00761H BK 6   $ 1,098,078.13       4.88035  
2005-A3
   00761H BM 2   $ 979,166.67       3.91667  
2005-A4
   00761H BN 0   $ 593,750.00       3.95833  
2005-A5
   00761H BP 5   $ 964,013.89       4.82007  
2006-A1
   00761H BQ 3   $ 858,333.33       4.29167  
2006-A2
   00761H BR 1   $ 1,196,406.25       4.78563  
2006-A3
   00761H BS 9   $ 1,104,166.67       4.41667  
2006-A4
   00761H BT 7   $ 1,443,437.50       4.81146  
2006-A5
   00761H BV 2   $ 850,000.00       4.25000  
2006-A6
   00761H BW 0   $ 1,198,559.03       4.79424  
2006-A7
   00761H BX 8   $ 957,125.00       4.78563  
2007-A1
   00761H BZ 3   $ 962,291.67       4.81146  
2007-A2
   00761H CK 5   $ 937,500.00       4.16667  
2007-A3
   00761H CL 3   $ 964,013.89       4.82007  
2007-A4
   00761H CM 1   $ 958,847.22       4.79424  
2005-B1
   00761H BH 3   $ 509,562.50       5.09563  
2006-B1
       $ 505,256.94       5.05257  
2006-B2
   00761H BU 4   $ 622,960.07       4.98368  
2007-B1
   00761H CA 7   $ 498,368.06       4.98368  
2007-B2
   00761H CN 9   $ 458,333.33       4.58333  
2004-C1
   00761H BG 5   $ 567,256.94       5.67257  
2005-C1
   00761H BL 4   $ 520,756.94       5.20757  
2006-C1
   00761H BY 6   $ 725,443.06       5.18174  
2004-D1
   00761H CC 3   $ 90,739.58       9.07396  
2005-D1
   00761H CD 1   $ 129,812.50       6.49063  
2005-D2
   00761H CE 9   $ 162,265.63       6.49063  
2006-D1
   00761H CF 6   $ 102,526.04       6.83507  
2006-D2
   00761H CG 4   $ 167,647.57       6.70590  
2006-D3
   00761H CH 2   $ 194,718.75       6.49063  
2007-D1
   00761H CB 5   $ 149,348.96       5.97396  

 

 

III. Information regarding the performance of the Advanta Business Card Master Trust
         
1. The aggregate amount of such Collections with respect to Principal Receivables for the Monthly Period preceding such Payment Date
   $ 1,156,035,756.71  
 
      
 
        
2. The aggregate amount of such Collections with respect to Finance Charge and Administrative Receivables for the Monthly Period preceding such Payment Date
   $ 89,889,744.31  
 
      
 
        
2a. Interchange for the Monthly Period preceding such Payment Date (included in the amount shown above on line item III. 2.)
   $ 21,446,497.48  
 
      
 
        
2b. Recoveries for the Monthly Period preceding such Payment Date (included in the amount shown above on line item III. 2.)
   $ 2,420,140.05  
 
      
 
        
3. The Defaulted Amount for the Monthly Period preceding such Payment Date
   $ 21,179,341.74  
 
      
 
        
 
        
4. The annualized percentage equivalent of a fraction, the numerator of which is the Defaulted Amount less Recoveries for the preceding Monthly Period, and the denominator is the average Receivables for the preceding Monthly Period
     3.85 %
 
      
 
        
5. The total amount of Principal Receivables in the Trust at the beginning of the preceding Monthly Period
   $ 5,740,256,436.35  
 
      
 
        
6. The total amount of Principal Receivables in the Trust as of the last day of the preceding Monthly Period
   $ 5,818,471,408.76  
 
      
 
        
7. The total amount of Finance Charge and Administrative Receivables in the Trust at the beginning of the preceding Monthly Period
   $ 74,561,196.89  
 
      
 
        
8. The total amount of Finance Charge and Administrative Receivables in the Trust as of the last day of the preceding Monthly Period
   $ 74,277,543.40  
 
      
 
        
9. The aggregated Adjusted Invested Amounts of all Series of Notes outstanding as of the last day of the preceding Monthly Period
   $ 4,875,171,046.00  
 
      
 
        
10. The Transferor Interest as of the end of the Monthly Period preceding such Payment Date
   $ 943,300,362.76  
 
      
 
        
11. The transferor percentage as of the end of the Monthly Period preceding such Payment Date
     16.21 %
 
      
 
        
12. The Required Transferor Percentage
     6.00 %
 
      
 
        
13. The Required Transferor Interest
   $ 349,108,284.53  
 
      
 
        
14. The monthly principal payment rate for the Monthly Period preceding such Payment Date
     20.14 %
 
      
 
        
15. The balance in the Excess Funding Account as of the end of the Monthly Period preceding such Payment Date
   $ —  
 
      
 
        
16. The aggregate outstanding balance of the Accounts which were delinquent as of the end of the Monthly Period preceding such Payment Date:
        
                 
    Percentage of Total Receivables     Aggregate Account Balance  
(a) Delinquent between 30 days and 59 days
     0.94 %   $ 55,363,631.56  
(b) Delinquent between 60 days and 89 days
     0.70 %   $ 41,284,287.74  
(c) Delinquent between 90 days and 119 days
     0.58 %   $ 33,946,210.01  
(d) Delinquent between 120 days and 149 days
     0.40 %   $ 23,857,458.16  
(e) Delinquent between 150 days and 179 days
     0.44 %   $ 25,852,779.32  
(f) Delinquent 180 days or greater
     0.00 %   $ —  
 
            
(g) Aggregate
     3.06 %   $ 180,304,366.79  
 
            

 

 

IV. Information regarding the AdvantaSeries
     1. AdvantaSeries balances and amounts as of the end of the Monthly Period preceding such Payment Date
                                         
    Initial Principal     Outstanding Principal     Adjusted Outstanding     Invested     Adjusted Invested  
    Balance     Balance     Principal Balance     Amount     Amount  
2005-A1
   $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00  
2005-A2
   $ 225,000,000.00     $ 225,000,000.00     $ 225,000,000.00     $ 225,000,000.00     $ 225,000,000.00  
2005-A3
   $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00  
2005-A4
   $ 150,000,000.00     $ 150,000,000.00     $ 150,000,000.00     $ 150,000,000.00     $ 150,000,000.00  
2005-A5
   $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00  
2006-A1
   $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00  
2006-A2
   $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00  
2006-A3
   $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00  
2006-A4
   $ 300,000,000.00     $ 300,000,000.00     $ 300,000,000.00     $ 300,000,000.00     $ 300,000,000.00  
2006-A5
   $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00  
2006-A6
   $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00     $ 250,000,000.00  
2006-A7
   $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00  
2007-A1
   $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00  
2007-A2
   $ 225,000,000.00     $ 225,000,000.00     $ 225,000,000.00     $ 225,000,000.00     $ 225,000,000.00  
2007-A3
   $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00  
2007-A4
   $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00     $ 200,000,000.00  
 
                              
Total Class A
   $ 3,550,000,000.00     $ 3,550,000,000.00     $ 3,550,000,000.00     $ 3,550,000,000.00     $ 3,550,000,000.00  
 
                                        
2005-B1
   $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00  
2006-B1
   $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00  
2006-B2
   $ 125,000,000.00     $ 125,000,000.00     $ 125,000,000.00     $ 125,000,000.00     $ 125,000,000.00  
2007-B1
   $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00  
2007-B2
   $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00  
 
                              
Total Class B
   $ 525,000,000.00     $ 525,000,000.00     $ 525,000,000.00     $ 525,000,000.00     $ 525,000,000.00  
 
                                        
2004-C1
   $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00  
2005-C1
   $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00     $ 100,000,000.00  
2006-C1
   $ 140,000,000.00     $ 140,000,000.00     $ 140,000,000.00     $ 140,000,000.00     $ 140,000,000.00  
 
                              
Total Class C
   $ 340,000,000.00     $ 340,000,000.00     $ 340,000,000.00     $ 340,000,000.00     $ 340,000,000.00  
 
                                        
2004-D1
   $ 10,000,000.00     $ 10,000,000.00     $ 10,000,000.00     $ 10,000,000.00     $ 10,000,000.00  
2005-D1
   $ 20,000,000.00     $ 20,000,000.00     $ 20,000,000.00     $ 20,000,000.00     $ 20,000,000.00  
2005-D2
   $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00  
2006-D1
   $ 15,000,000.00     $ 15,000,000.00     $ 15,000,000.00     $ 15,000,000.00     $ 15,000,000.00  
2006-D2
   $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00  
2006-D3
   $ 30,000,000.00     $ 30,000,000.00     $ 30,000,000.00     $ 30,000,000.00     $ 30,000,000.00  
2007-D1
   $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00     $ 25,000,000.00  
 
                              
Total Class D
   $ 150,000,000.00     $ 150,000,000.00     $ 150,000,000.00     $ 150,000,000.00     $ 150,000,000.00  
 
                              
 
                                        
Total AdvantaSeries
   $ 4,565,000,000.00     $ 4,565,000,000.00     $ 4,565,000,000.00     $ 4,565,000,000.00     $ 4,565,000,000.00  
 
                              
         
2. Weighted Average Floating Allocation Amount for the related Monthly Period
   $ 4,565,000,000.00  
 
      
 
        
3. The Floating Investor Percentage with respect to the period:
        
 
        
August 1, 2007 through August 19, 2007
     79.5260639 %
 
      
August 20, 2007 through August 31, 2007
     77.5504920 %
 
      
 
        
4. The Fixed Investor Percentage with respect to the period:
        
 
August 1, 2007 through August 19, 2007
     79.5260639 %
 
      
August 20, 2007 through August 31, 2007
     77.5504920 %
 
      
 
        
5. The amount of Investor Principal Collections applicable to the AdvantaSeries
   $ 909,557,639.69  
 
      
 
        
6a. The amount of Available Finance Charge Collections on deposit in the Collection Account for the related Monthly Period
   $ 52,098,935.12  
 
      
 
        
6b. Pursuant to Section 8.04(a) of the Master Indenture, the amount of Available Finance Charge Collections not on deposit in the Collection Account for the related Monthly Period
   $ 18,846,148.88  
 
      
 
        
7. The AdvantaSeries Defaulted Amount for the related Monthly Period
   $ 16,453,659.41  
 
      
 
        
8. The AdvantaSeries Monthly Servicing Fee for the related Monthly Period
   $ 7,608,333.33  
 
      

 

 

9. AdvantaSeries performance for the related Monthly Period
                 
a. The cash yield for the related Monthly Period
             18.65 %
 
              
 
                
b. The default rate for the related Monthly Period
             4.33 %
 
                
c. The Net Portfolio Yield for the related Monthly Period
             14.32 %
 
                
d. The Base Rate for the related Monthly Period
             7.56 %
 
              
 
                
e. The Excess Spread Percentage for the related Monthly Period
             6.76 %
 
              
 
                
f. The Quarterly Excess Spread Percentage
             6.36 %
 
              
 
                
i) Excess Spread Percentage related to
   Aug-07     6.76 %
 
              
 
                
ii) Excess Spread Percentage related to
   Jul-07     5.89 %
 
              
 
                
iii) Excess Spread Percentage related to
   Jun-07     6.43 %
 
              
 
                
g. The average Excess Spread Amount for the three preceding Monthly Periods
           $ 22,766,919.10  
 
              
 
                
i) Excess Spread Amount related to
   Aug-07   $ 25,205,235.00  
 
              
 
                
ii) Excess Spread Amount related to
   Jul-07   $ 21,151,414.69  
 
              
 
                
iii) Excess Spread Amount related to
   Jun-07   $ 21,944,107.60  
 
              
 
                
10. Floating interest rate determinations:
                
 
                
LIBOR for all Tranches with an Interest Period from August 20, 2007 through and including September 19, 2007
             5.53750 %
 
              
11. Required interest payments
                                 
    Required interest amounts     Interest shortfalls and     Amounts withdrawn from the        
    with respect to the current     additional interest from prior     Collection Account for payment of     Unpaid required interest  
    Interest Period     periods     required interest amounts     amounts  
2005-A1
   $ 1,207,170.14     $ —     $ 1,207,170.14     $ —  
2005-A2
   $ 1,098,078.13     $ —     $ 1,098,078.13     $ —  
2005-A3
   $ 979,166.67     $ —     $ 979,166.67     $ —  
2005-A4
   $ 593,750.00     $ —     $ 593,750.00     $ —  
2005-A5
   $ 964,013.89     $ —     $ 964,013.89     $ —  
2006-A1
   $ 858,333.33     $ —     $ 858,333.33     $ —  
2006-A2
   $ 1,196,406.25     $ —     $ 1,196,406.25     $ —  
2006-A3
   $ 1,104,166.67     $ —     $ 1,104,166.67     $ —  
2006-A4
   $ 1,443,437.50     $ —     $ 1,443,437.50     $ —  
2006-A5
   $ 850,000.00     $ —     $ 850,000.00     $ —  
2006-A6
   $ 1,198,559.03     $ —     $ 1,198,559.03     $ —  
2006-A7
   $ 957,125.00     $ —     $ 957,125.00     $ —  
2007-A1
   $ 962,291.67     $ —     $ 962,291.67     $ —  
2007-A2
   $ 937,500.00     $ —     $ 937,500.00     $ —  
2007-A3
   $ 964,013.89     $ —     $ 964,013.89     $ —  
2007-A4
   $ 958,847.22     $ —     $ 958,847.22     $ —  
 
                        
Total Class A
   $ 16,272,859.39     $ —     $ 16,272,859.39     $ —  
 
                                
2005-B1
   $ 509,562.50     $ —     $ 509,562.50     $ —  
2006-B1
   $ 505,256.94     $ —     $ 505,256.94     $ —  
2006-B2
   $ 622,960.07     $ —     $ 622,960.07     $ —  
2007-B1
   $ 498,368.06     $ —     $ 498,368.06     $ —  
2007-B2
   $ 458,333.33     $ —     $ 458,333.33     $ —  
 
                        
Total Class B
   $ 2,594,480.90     $ —     $ 2,594,480.90     $ —  
 
                                
2004-C1
   $ 567,256.94     $ —     $ 567,256.94     $ —  
2005-C1
   $ 520,756.94     $ —     $ 520,756.94     $ —  
2006-C1
   $ 725,443.06     $ —     $ 725,443.06     $ —  
 
                        
Total Class C
   $ 1,813,456.94     $ —     $ 1,813,456.94     $ —  
 
                                
2004-D1
   $ 90,739.58     $ —     $ 90,739.58     $ —  
2005-D1
   $ 129,812.50     $ —     $ 129,812.50     $ —  
2005-D2
   $ 162,265.63     $ —     $ 162,265.63     $ —  
2006-D1
   $ 102,526.04     $ —     $ 102,526.04     $ —  
2006-D2
   $ 167,647.57     $ —     $ 167,647.57     $ —  
2006-D3
   $ 194,718.75     $ —     $ 194,718.75     $ —  
2007-D1
   $ 149,348.96     $ —     $ 149,348.96     $ —  
 
                        
Total Class D
   $ 997,059.03     $ —     $ 997,059.03     $ —  
 
                        
 
                                
Total AdvantaSeries
   $ 21,677,856.26     $ —     $ 21,677,856.26     $ —  
 
                        

 

 

12. Principal Funding Account
                                                 
    Beginning     Required Principal     Actual Deposit     Amount Withdrawn     Withdrawals     Ending  
    Principal Funding     Deposit Amount to     to the Principal     for Payment     of Coverage     Principal Funding  
    Sub-Account     the Principal Funding     Funding     of Principal to     Funding Excess     Sub-Account  
    Amount     Sub-Account     Sub-Account     Noteholders     Amount     Amount  
NOTHING TO REPORT
                                                
         
13. Coverage Funding Required Amounts
        
 
a. Coverage Funding Amount as of the end of the related Monthly Period
   $ —  
 
      
 
        
b. The Coverage Funding Amount for the Class A Notes as of the end of the related Monthly Period
   $ —  
 
      
 
        
c. The Coverage Funding Amount for the Class B Notes as of the end of the related Monthly Period
   $ —  
 
      
 
        
d. The Coverage Funding Amount for the Class C Notes as of the end of the related Monthly Period
   $ —  
 
      
 
        
14. Cash Collateral Account
        
 
        
a. Beginning Cash Collateral Account balance (ending balance as of the previous Payment Date)
   $ 68,475,000.00  
 
      
b. Deposit into the Cash Collateral Account on the Closing Date of Tranches issued on or prior to the Payment Date
   $ —  
 
      
c. Interest earnings since the preceding Payment Date
   $ 305,525.60  
 
      
d. Amounts deposited to cover a Cash Collateral Account Deficit
   $ —  
 
      
e. PFA Earnings Shortfall withdrawn and treated as Available Finance Charge Collections
   $ —  
 
      
f. Amounts withdrawn to cover interest payments, Monthly Servicing Fee and AdvantaSeries Defaulted Amount
   $ —  
 
      
g. Amounts withdrawn at the date of issuance of a Foreclosure Certificate or at the Final Maturity Date of a Tranche
   $ —  
 
      
h. Excess amount over the Required Cash Collateral Account Amount paid to the holder of the Trust Beneficial Interest
   $ 305,525.60  
 
      
i. Ending Cash Collateral Account balance on the related Payment Date
   $ 68,475,000.00  
 
      
 
        
j. The Required Cash Collateral Account Amount on the related Payment Date
   $ 68,475,000.00  
 
      
 
        
k. The Available Cash Collateral Account Amount on the related Payment Date
   $ 68,475,000.00  
 
      
 
        
l. Has a Portfolio Decline Event occurred with respect to the Monthly Period preceding such Payment Date
   NO  
 
      
 
        
15. Spread Account
        
 
        
a. Beginning Spread Account balance (ending balance as of the previous Payment Date)
   $ —  
 
      
b. On the Closing Date for a Tranche, the initial deposit into the Spread Account
   $ —  
 
      
c. Interest earnings since the preceding Payment Date
   $ —  
 
      
d. Amount deposited from Available Finance Charge Collections to cover the excess of the Required Spread Account Amount over the Spread Account balance
   $ —  
 
      
e. Amounts withdrawn to cover interest payments, Monthly Servicing Fee and AdvantaSeries Defaulted Amount
   $ —  
 
      
f. Amounts withdrawn at the date of issuance of a Foreclosure Certificate or at the Final Maturity Date of a Tranche
   $ —  
 
      
g. Withdrawal of excess amount over the Required Spread Account Amount and deposited into the Cash Collateral Account
   $ —  
 
      
h. Withdrawal of excess amount over the Required Spread Account Amount and paid to the holder of the Trust Beneficial Interest
   $ —  
 
      
i. Ending Spread Account balance on the related Payment Date
   $ —  
 
      
 
        
j. The Required Spread Account Amount on the related Payment Date
   $ —  
 
        
 
      
16. Required Subordinated Amounts as of the end of the Monthly Period preceding such Payment Date
        
                                 
                            Excess of Subordinated
    Required subordination   Required Subordinated           Notes over Required
    percentage   Amount   Subordinated Notes   Subordinated Amount
Class A
     18.3432 %   $ 651,183,600     $ 1,015,000,000     $ 363,816,400  
Class B
     7.5269 %   $ 306,721,175     $ 490,000,000     $ 183,278,825  
Class C
     2.5641 %   $ 113,205,015     $ 150,000,000     $ 36,794,985  

 

 

17. Adjusted Invested Amount
                                                 
                                         
                    Increase from     Increase from              
                    the withdrawal     reimbursements of              
                    of the Coverage     Adjusted Invested              
                    Funding     Amount Deficits     Reduction due to        
            Initial     Excess     and reductions due     Reduction due to     Ending  
            Principal Balances     Amount from the     to reallocation of     amounts     Adjusted Invested  
    Beginning Adjusted Invested     and any increases from     Principal     Available Principal     deposited into the     Amount for the  
    Amount for the related     the issuance of any     Funding Sub-     Collections and     Principal     related Monthly  
    Monthly Period     additional Notes     Account     Investor Charge-Offs     Funding Sub-Account     Period  
2005-A1
   $ 250,000,000.00     $ —     $ —     $ —     $ —     $ 250,000,000.00  
2005-A2
   $ 225,000,000.00     $ —     $ —     $ —     $ —     $ 225,000,000.00  
2005-A3
   $ 250,000,000.00     $ —     $ —     $ —     $ —     $ 250,000,000.00  
2005-A4
   $ 150,000,000.00     $ —     $ —     $ —     $ —     $ 150,000,000.00  
2005-A5
   $ 200,000,000.00     $ —     $ —     $ —     $ —     $ 200,000,000.00  
2006-A1
   $ 200,000,000.00     $ —     $ —     $ —     $ —     $ 200,000,000.00  
2006-A2
   $ 250,000,000.00     $ —     $ —     $ —     $ —     $ 250,000,000.00  
2006-A3
   $ 250,000,000.00     $ —     $ —     $ —     $ —     $ 250,000,000.00  
2006-A4
   $ 300,000,000.00     $ —     $ —     $ —     $ —     $ 300,000,000.00  
2006-A5
   $ 200,000,000.00     $ —     $ —     $ —     $ —     $ 200,000,000.00  
2006-A6
   $ 250,000,000.00     $ —     $ —     $ —     $ —     $ 250,000,000.00  
2006-A7
   $ 200,000,000.00     $ —     $ —     $ —     $ —     $ 200,000,000.00  
2007-A1
   $ 200,000,000.00     $ —     $ —     $ —     $ —     $ 200,000,000.00  
2007-A2
   $ 225,000,000.00     $ —     $ —     $ —     $ —     $ 225,000,000.00  
2007-A3
   $ 200,000,000.00     $ —     $ —     $ —     $ —     $ 200,000,000.00  
2007-A4
   $ 200,000,000.00     $ —     $ —     $ —     $ —     $ 200,000,000.00  
 
                                    
Total Class A
   $ 3,550,000,000.00     $ —     $ —     $ —     $ —     $ 3,550,000,000.00  
 
                                                
2005-B1
   $ 100,000,000.00     $ —     $ —     $ —     $ —     $ 100,000,000.00  
2006-B1
   $ 100,000,000.00     $ —     $ —     $ —     $ —     $ 100,000,000.00  
2006-B2
   $ 125,000,000.00     $ —     $ —     $ —     $ —     $ 125,000,000.00  
2007-B1
   $ 100,000,000.00     $ —     $ —     $ —     $ —     $ 100,000,000.00  
2007-B2
   $ 100,000,000.00     $ —     $ —     $ —     $ —     $ 100,000,000.00  
 
                                    
Total Class B
   $ 525,000,000.00     $ —     $ —     $ —     $ —     $ 525,000,000.00  
 
                                                
2004-C1
   $ 100,000,000.00     $ —     $ —     $ —     $ —     $ 100,000,000.00  
2005-C1
   $ 100,000,000.00     $ —     $ —     $ —     $ —     $ 100,000,000.00  
2006-C1
   $ 140,000,000.00     $ —     $ —     $ —     $ —     $ 140,000,000.00  
 
                                    
Total Class C
   $ 340,000,000.00     $ —     $ —     $ —     $ —     $ 340,000,000.00  
 
                                                
2004-D1
   $ 10,000,000.00     $ —     $ —     $ —     $ —     $ 10,000,000.00  
2005-D1
   $ 20,000,000.00     $ —     $ —     $ —     $ —     $ 20,000,000.00  
2005-D2
   $ 25,000,000.00     $ —     $ —     $ —     $ —     $ 25,000,000.00  
2006-D1
   $ 15,000,000.00     $ —     $ —     $ —     $ —     $ 15,000,000.00  
2006-D2
   $ 25,000,000.00     $ —     $ —     $ —     $ —     $ 25,000,000.00  
2006-D3
   $ 30,000,000.00     $ —     $ —     $ —     $ —     $ 30,000,000.00  
2007-D1
   $ 25,000,000.00     $ —     $ —     $ —     $ —     $ 25,000,000.00  
 
                                    
Total Class D
   $ 150,000,000.00     $ —     $ —     $ —     $ —     $ 150,000,000.00  
 
                                    
 
                                                
Total AdvantaSeries
   $ 4,565,000,000.00     $ —     $ —     $ —     $ —     $ 4,565,000,000.00  
 
                                    
             
    Advanta Bank Corp.
as Servicer		    
 
            
 
  By:
Name: 		  /s/ DAVID B. WEINSTOCK
 
David B. Weinstock 		   
 
  Title:   Vice President    

 

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