Securities and Exchange Commission Washington, DC 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report: October 11, 2000 Capita Equipment Receivables Trust 1997-1 ~~A New York Commission File I.R.S. Employer Corporation No. 333-34793 No. 13-7135550~~

c/o AT&T Capital Corporation 650 Cit Drive Livingston, NJ 07039 Telephone Number (973) 535-5909 Page 1 of 8 Item. 5 Other Capita Equipment Receivables Trust 1997-1 Monthly Servicing Report Determination Date: October 11, 2000 Payment Date: October 16, 2000 Collection Period: September 30, 2000 I. Information Regarding the Contracts 1. Contract Pool Principal Balance a. Beginning of Collection Period $ 250,283,887 b. End of Collection Period $ 235,533,858 c. Reduction for Collection Period $ 14,750,030 2. Delinquent Scheduled Payments a. Beginning of Collection Period $ 6,401,321 b. End of Collection Period $ 6,543,607 3. Liquidated Contracts a. Number of Liquidated Contracts 215 with respect to Collection Period b. Required Payoff Amounts of Liquidated Contracts $ 1,337,586 c. Total Reserve for Liquidation Expenses $ - d. Total Liquidation Proceeds Received $ 168,021 e. Liquidation Proceeds Allocated to Owner Trust $ 168,021 f. Liquidation Proceeds Allocated to Depositor $ - g. Current Realized Losses $ 1,169,565 4. Prepaid Contacts a. Number of Prepaid Contracts with respect 260 to Collection Period b. Required Payoff Amounts of Prepaid Contracts $ 866,740 5. Purchased Contracts (by TCC) a. Number of Contracts Purchased by TCC with 0 respect to Collection Period b. Required Payoff Amounts of Purchased Contracts $ -

Page 2 of 8 6. Delinquency Status of Contracts (End of Collection Period)

I.---------------------------------------------------------------------------------------------- ~~Information~~% ~~Regarding~~of ~~the~~Aggregate ~~Contracts~~Number 1.of ~~Contract~~% ~~Pool~~of ~~Principal~~Aggregate ~~Balance~~Required a.Required ~~Beginning~~Payoff ofContracts ~~Collection~~Contracts ~~Period~~Payoff $Amounts ~~636,637,574~~Amounts b---------------------------------------------------------------------------------------------- a. ~~End~~Current ~~of Collection Period $ 607~~25,~~325,128~~230 c90.45% ~~Reduction for Collection Period~~ $ 29217,~~312~~353,~~446~~245 289.79% ~~Delinquent Scheduled Payments a~~b. ~~Beginning~~31-60 ofdays ~~Collection Period $ 12~~1,~~015,839~~330 b4.77% ~~End of Collection Period~~ $ 1011,~~956~~795,~~416~~125 34.87% ~~Liquidated Contracts a~~c. ~~Number~~61-90 ofdays ~~Liquidated~~621 ~~Contracts with respect to Collection Period 404 b~~2.23% ~~Required Payoff Amounts of Liquidated Contracts~~ $ 35,~~105~~988,~~339~~814 c2.47% ~~Total Reserve for Liquidation Expenses $ -~~ d. ~~Total~~91-120 ~~Liquidation~~days ~~Proceeds~~342 ~~Received $ 345,308 e~~1.23% ~~Liquidation Proceeds Allocated to Owner Trust~~ $ ~~315~~3,~~139 f. Liquidation Proceeds Allocated to Depositor $ 30~~688,~~169~~307 g1.52% ~~Current Realized Losses $ 2,790,200 4~~e. ~~Prepaid~~120+ ~~Contacts~~days a.371 ~~Number of Prepaid Contracts with respect to Collection Period 243 b~~1.33% ~~Required Payoff Amounts of Prepaid Contracts~~ $ 3,~~050~~251,~~337~~973 51.34% ~~Purchased Contracts (by TCC) a~~f. ~~Number~~Total of27,894 ~~Contracts Purchased by TCC with respect to Collection Period 0 b~~100.00% ~~Required Payoff Amounts of Purchased Contracts~~ $242,077,465 -100.00%

7. Historical Delinquency Experience with Respect to Contracts

-------------------------------------------------------------------------------------------------------------------------------- % of ~~Aggregate~~% ~~Number~~of % of % of Aggregate Aggregate Aggregate Aggregate Required Payoff Required Payoff ~~Contracts~~Required ~~Contracts~~Payoff Required Payoff Amounts Amounts Amounts Amounts Collection Periods 31-60 Days Past Due 61-90 Days Past Due 91-120 Days Past Due 120+ Days Past Due -------------------------------------------------------------------------------------------------------------------------------- a09/30/00 4.87% ~~Current~~ 2.47~~,406~~% 911.52% 1.34% 08/31/00 4.78% $2.82% ~~573,165,844~~1.18% 1.35% 07/31/00 5.09% 2.58% 1.17% 1.33% 06/30/00 5.62% 2.56% 1.09% 1.56% 05/31/00 4.63% 1.83% 1.16% 1.57% 04/30/00 4.92% 2.47% 1.45% 1.34% 03/31/00 5.20% 2.85% 1.14% 1.25% 02/29/00 6.39% 2.83% 1.32% 1.63% 01/31/00 5.70% b2.42% 1.30% 1.55% 12/31~~-60~~/99 ~~days~~5.66% 2~~,260~~.51% 41.3539% $1.25% ~~23,827,649~~11/30/99 35.8555% c2.46% ~~61-90~~1.24% ~~days~~1.39% 10/31/99 5.24% 2.77% 1~~,073~~.17% 1.45% 09/30/99 5.19% 2.14% 1.13% 1.38% 08/31/99 4.43% 2.01% 1.19% 1.22% 07/31/99 4.53% $2.14% ~~11,670,968~~1.21% 1.8927% d06/30/99 5.01% ~~91-120~~2.02% ~~days~~1.19% ~~531~~1.31% 05/31/99 5.77% 2.37% 1.10% 1.38% 04/30/99 5.01% 2.11% 0.86% 1.09% 03/31/99 5.41% 2.06% 0.92% 1.15% 02/28/99 5.60% $2.08% ~~4,811,039~~1.15% 1.24% 01/31/99 5.46% 2.19% 0.94% 1.11% 12/31/98 5.26% 1.86% 0.90% 0.93% 11/30/98 5.07% 1.66% 0.78% e0.88% ~~120+~~10/31/98 ~~days~~3.93% ~~649~~1.32% 0.66% 0.98% 09/30/98 3.98% 1.2518% $0.62% 0.94% 08/31/98 3.34% 1.23% 0.53% 0.60% 07/31/98 3.28% 1.12% 0.52% 0.85% 06/30/98 2.76% 1.14% 0.58% 0.81% 05/31/98 3.63% 1.12% 0.61% 0.75% 4~~,806,043~~/30/98 3.46% 1.03% 0.7863% f0.69% ~~Total~~3/31/98 3.30% 1.26% 0.51~~,919~~% ~~100~~0.0063% $2/28/98 ~~618,281,543~~6.09% ~~100~~1.42% 0.59% 0.52% 1/31/98 3.34% 0.96% 0.41% 0.26% 12/31//97 3.17% 0.86% 0.36% 0.01% 11/30/97 2.89% 0.49% 0.00% 0.00%

Page 3 of 8 8. Historical Loss Experience With Respect to Contracts

----------------------------------------------------------------------------------~~--------------------------~~ %Collection of3 %Collection of6 %Collection ofPeriods %Cumulative ofSince ~~Aggregate~~Period ~~Aggregate~~Periods ~~Aggregate~~Ending ~~Aggregate~~Ending ~~Required~~Cut-off ~~Payoff~~Date ~~Required Payoff Required Payoff Required Payoff Amounts Amounts Amounts Amounts Collection Periods 31~~September-6000 ~~Days Past Due 61~~September-9000 ~~Days Past Due 91~~September-~~120~~00 ~~Days Past Due 120+ Days Past Due~~ ----------------------------------------------------------------------------------~~--------------------------~~ ~~8/31/00 3~~a.~~85%~~ ~~1.89%~~Number ~~0.78%~~of ~~0.78%~~Liquidated ~~7/31/00~~Contracts ~~4.22%~~215 601 1~~.69%~~,142 ~~0.81%~~8,608 1b.~~06%~~ ~~6/30/00~~Number ~~4.02%~~of ~~1.77%~~Liquidated 0.87284% 0.98794% ~~5/31/00 4.37%~~ 1.59510% 011.88379% ~~0.91%~~Contracts ~~4/30/00~~as ~~4.45%~~a ~~1.75%~~Percentage ~~0.77%~~of ~~0.94%~~Initial ~~3/31/00~~Contracts 4c.~~33%~~ ~~1.68%~~Required ~~0.82%~~Payoff ~~0.90%~~Amounts ~~2/29/00~~of ~~5.27%~~ 1~~.81%~~,337,586 ~~0.85%~~4,607,670 ~~1.13%~~9,042,197 ~~1/31/00~~72,013,907 ~~5.21%~~Liquidated ~~1.73%~~Contracts 0d.~~97%~~ ~~1.06%~~Liquidation ~~12/31/99~~Proceeds ~~5.36%~~Allocated ~~1.89%~~168,021 ~~1.00%~~598,256 1~~.02%~~,666,183 11~~/30/99~~,517,672 ~~5.15%~~to ~~1.75%~~Owner ~~1.10%~~Trust 1e.~~18%~~ ~~10/31/99~~Aggregate ~~5.05%~~Current ~~1.91%~~Realized 1~~.04%~~,169,565 ~~0.95% 9/30/99~~ 4~~.32%~~,009,414 ~~1.77% 0.72% 0.92% 8/31/99 4.44% 1.58% 0.68% 0.79%~~ 7~~/31/99~~,376,013 ~~4.50%~~60,496,236 ~~1.51%~~Losses 0f.~~82%~~ ~~0.71%~~Aggregate ~~6/30/99~~Current ~~4.21%~~Realized ~~1.83%~~ 0.67102% 0.67350% ~~5/31/99 5.11% 1.70%~~ 0.68643% ~~0.58% 4/30/99 4.19% 1.28% 0.53% 0.52% 03/31/99 4.41% 1.34% 0.56% 0.54% 02/28/99~~ 5.64275% ~~1.79%~~Losses ~~0.58%~~as ~~0.45%~~a ~~01/31/99~~Percentage ~~5.45%~~of ~~1.51%~~Cut-off ~~0.69%~~Date ~~0.01%~~Contract ~~12/31/98~~Pool ~~4.64%~~Principal ~~1.30% 0.01% 0.01%~~Balance

II. Information Regarding the Securities 1. Summary of Balance Information

------------------------------------------------------------------------------------------------------ ~~Collection~~Principal 3Balance ~~Collection~~as 6of ~~Collection~~Class ~~Periods~~Factor ~~Cumulative~~as ~~Since~~of ~~Period~~Class ~~Periods~~Coupon ~~Ending~~October ~~Ending~~16, ~~Cut-off~~2000 October 16, 2000 Rate Payment Date ~~August-00~~Payment ~~August-00~~Date ~~August~~-00 ----------------------------------------------------------------------------------------------------- a. ~~Number~~Class ~~of Liquidated Contracts 404 757~~ A-1~~,521~~ ~~4,337~~Notes b5.790000% ~~Number~~$0 ~~of Liquidated Contracts as a Percentage of Initial Contracts~~ 0.~~577%~~00000 1b.~~082%~~ Class A-2~~.173%~~ Notes 6.~~197~~030000% $0 0.00000 c. ~~Required~~Class ~~Payoff Amounts of Liquidated Contracts~~ A-3~~,105,339~~ Notes 6~~,598,382~~.120000% ~~13,461,590~~$0 ~~46,351,610~~0.00000 d. ~~Liquidation~~Class ~~Proceeds~~A-4 ~~Allocated~~Notes to6.190000% ~~Owner Trust 315~~$124,~~139 1~~879,~~231,072~~041 ~~2,899,046~~0.47808 ~~5,730,002~~ e. ~~Aggregate~~Class ~~Current~~A-5 ~~Realized~~Notes ~~Losses~~6.746250% 2$13,~~790~~968,~~200~~424 ~~5,367,310~~0.13303 ~~10,562,544 40,621,608~~ f. ~~Aggregate~~Class ~~Current~~B ~~Realized~~Notes ~~Losses~~6.450000% as$68,820,000 a1.00000 ~~Percentage~~g. ofClass ~~Cut-off~~C ~~Date~~Notes ~~Contract~~(Quarterly ~~Pool~~Paying) ~~Principal~~6.480000% ~~Balance~~$34,410,000 01.~~208%~~00000 0h.~~400%~~ 0Total N.~~787%~~A. 3$242,077,465 0.~~025%~~21106

-----------------------------------------------------------------------------------~~--------------------------------------~~ Principal Balance as of Class Factor as of ~~Principal Balance as of~~ Class ~~Factors as of Class Coupon~~ September 15, 2000 September 15, 2000 ~~August 15, 2000 August 15, 2000 Rate~~ Payment Date Payment Date ~~Payment Date Payment Date~~ -----------------------------------------------------------------------------------~~--------------------------------------~~ a. Class A-1 Notes ~~5.195000%~~ $ 0 0.00000 ~~$ 0 0.00000~~ b. Class A-2 Notes ~~5.290000%~~ $ 0 0.00000 ~~$ 0 0.00000~~ c. Class A-3 Notes ~~5.450000%~~ $~~255,969,263~~ 0~~.54461~~ ~~$279,639,336~~ 0.~~59497~~00000 d. Class A-4 Notes ~~5.450000%~~ $~~201~~138,~~430~~017,~~384~~206 10.~~00000~~52838 ~~$201,430,384 1.00000~~ e. Class A-5 Notes ~~5.500000%~~ $ 6315,~~094~~438,~~050~~002 0.~~51349~~14703 ~~$ 65,599,729 0.53388~~ f. Class B Notes ~~5.660000%~~ $ 1068,~~709~~820,~~969~~000 01.~~69352~~00000 ~~$ 11,169,556 0.72328~~ g. Class C Notes ~~6.190000%~~(Quarterly $Paying) ~~35,389,900 0.69352~~ $ 3634,~~908~~410,~~493~~000 01.~~72328~~00000 h. ~~Class D Notes 7.210000% $ 51,687,978 0.69353 $ 53,905,914 0.72329 I.~~ Total ~~N.A.~~ $~~618~~256,~~281~~685,~~543~~208 0.~~46042 $648,653,413 0.48304~~22380

Note: Aggregate Required Payoff Amount of all contracts at the end of the collection period is $242,077,464.63 and the CCA Balance is $26,563,984.94. 2. Monthly Principal Amount a. Principal Balance of Notes $256,685,208 (End of Prior Collection Period) b. Contract Pool Principal Balance (End of Collection Period) $235,533,858 c. Monthly Principal Amount $ 21,151,350 3. Gross Collections a. Scheduled Payments Received $ 14,181,375 b. Liquidation Proceeds Allocated to Owner Trust $ 168,021 c. Required Payoff Amounts of Prepaid Contracts $ 866,740 d. Required Payoff Amounts of Purchased Contracts $ - e. Proceeds of Clean-up Call $ - f. Investment Earnings on Collection, Note Distribution and Class C Funding Accounts $ 48,071 g. Extension Fees Allocated to Owner Trust $ - h. Total Gross Collections (sum of (a) through (g)) $ 15,264,207 4. Determination of Available Funds a. Total Gross Collections $ 15,264,207 b. Withdrawal from Cash Collateral Account $ 952,315 c. Total Available Funds $ 16,216,522 5. Class A-5 Swap a. Payment Details 1- Class A-5 Assumed Fixed Rate 6.250000% 2- Class A-5 Assumed Fixed Rate Day Count(30/360) 0.0833333 3- Class A-5 Interest Rate (Libor + .125%) 6.746250% 4- Class A-5 Interest Rate Day Count(Actual/360) 0.0861111 5- Class A-5 Principal Amount $ 15,438,002 b. Net Payment Calculation 1- Class A-5 Assumed Fixed Payment $ 80,406 2- Class A-5 Interest Payment $ 89,684 3- Net Class A-5 Swap Payment From/(To) the Trust $ (9,277)

Page 4 of 8 6. Application of Available Funds

2.--------------------------------------------------------------------------------------------------------- ~~Monthly~~Item ~~Principal~~ Amount Remaining Available Funds --------------------------------------------------------------------------------------------------------- a. ~~Principal~~Total ~~Balance~~Available ofFunds ~~Notes~~16,216,522 ~~and~~b. ~~Equity~~Servicing ~~Certificates~~Fee ~~(End~~260,712 of15,955,810 ~~Prior~~c. ~~Collection~~Interest ~~Period~~on Notes: i) $Class ~~648~~A-1 Notes - 15,~~653~~955,~~413~~810 b.ii) ~~Contract~~Class ~~Pool~~A-2 ~~Principal~~Notes ~~Balance~~- ~~(End~~15,955,810 ofiii) ~~Collection~~Class ~~Period)~~A-3 $Notes ~~607~~- 15,~~325~~955,~~128~~810 c.iv) ~~Monthly~~Class ~~Principal~~A-4 ~~Amount~~Notes $711,939 4115,~~328~~243,~~285~~871 3.v) ~~Gross~~Class ~~Collections~~A-5 a.Swap ~~Scheduled~~Net ~~Payments~~Settlement ~~Received~~(9,277) ~~$ 27~~15,~~894~~253,~~665~~148 b.vi) ~~Liquidation~~Class ~~Proceeds~~A-5 ~~Allocated~~Notes to89,684 ~~Owner~~15,163,465 ~~Trust~~vii) $Class ~~315,139~~B c.Notes ~~Required~~369,908 ~~Payoff~~14,793,557 ~~Amounts~~vii) ofClass ~~Prepaid~~C ~~Contracts~~Funding $Account 3185,~~050~~814 14,~~337~~607,743 d. ~~Required~~Principal ~~Payoff~~on ~~Amounts~~Notes: ofi) ~~Purchased~~Class ~~Contracts~~A-1 $Notes - e.14,607,743 ~~Proceeds~~ii) ofClass ~~Clean~~A-up2 ~~Call~~Notes $ - f.14,607,743 ~~Investment~~iii) ~~Earnings~~Class onA-3 ~~Collection~~Notes ~~Account~~- ~~and~~14,607,743 ~~Note~~iv) ~~Distribution.~~Class $A-4 ~~105~~Notes 13,~~490~~138,165 g.1,469,578 ~~Extension~~v) ~~Fees~~Class ~~Allocated~~A-5 toNotes ~~Owner~~1,469,578 ~~Trust~~- $vi) ~~373,608~~Class h.B ~~Total~~Notes ~~Gross~~- ~~Collections~~- ~~(sum~~vii) ofClass ~~(a)~~C ~~through~~Funding ~~(g))~~Account $- ~~31,739,239~~- 4e. ~~Determination~~Deposit ofto ~~Available~~Cash ~~Funds~~- a.- ~~Total~~Collateral ~~Gross~~Account ~~Collections $31,739,239~~f.16 b.Amount ~~Withdrawal~~to ~~from~~be ~~Cash~~applied ~~Collateral~~in ~~Account~~- $- ~~2,348,272~~accordance c.with ~~Total~~CCA ~~Available~~Loan ~~Funds~~Agreement $g. 34Balance,~~087~~ if any,~~511~~ to Equity Certificates - -

7. Accrued Monthly Principal and Interest Deposited into the Class C Funding Account Collection Period August-00 September-00 Beginning Balance 0 0 Principal Deposited 0 0 Interest Deposited 185,814 185,814 Total Amount Available for Distribution 185,814 185,814 Amount Distributed 0 0 Ending Balance 185,814 185,814

8. Quarterly Application of Available funds in the Class C Funding Account

------------------------------------------------------------------------------------------------------------------ Item Amount Remaining Available Funds -------------------------------------------------------------------------------------- ~~a. Total Available Funds $ 34,087,511 b. Servicing Fee $ 663,164 $ 33,424,347 c. Interest on Notes: i) Class A~~-~~1 Notes $~~ - ~~$ 33,424,347 ii) Class A~~-~~2 Notes $~~ - ~~$ 33,424,347 iii) Class A~~-~~3 Notes $ 1,270,029 $ 32,154,319 iv) Class A~~-~~4 Notes $ 914,830 $ 31,239,489 v) Class A~~-~~5 Notes $ 300,665 $ 30,938,824 vi) Class B Notes $ 52,683 $ 30,886,140 vii) Class C Notes $ 190,386 $ 30,695,754 viii) Class D Notes $ 323,885 $ 30,371,869 d. Principal of Notes i) Class A~~-~~1 Notes $~~ - ~~$ 30,371,869 ii) Class A~~-~~2 Notes $~~ - ~~$ 30,371,869 iii) Class A~~-~~3 Notes $23,670,073 $ 6,701,796 iv) Class A~~-~~4 Notes $~~ - ~~$ 6,701,796 v) Class A~~-5------------- ~~Notes~~a. $Total ~~2,505,679~~Available $Funds 4371,~~196,117~~628 ~~vi)~~b. ~~Class~~Interest Bto ~~Notes $ 459,587 $ 3,736,530 vii)~~ Class C ~~Notes~~Note $Holders ~~1,518,593~~0 ~~$ 2~~371,~~217,936~~628 ~~viii) Class D Notes $ 2,217,936 $ - e~~c. ~~Deposit~~Principal to ~~Cash~~Class ~~Collateral~~C ~~Account~~Note $Holders -0 ~~$ - f. Amount to be applied in accordance with CCA Loan Agreement $ - $ - g. Balance~~371, ~~if any, to Equity Certificates $ - $ -~~628

Page 5 of 8 III. Information Regarding the Cash Collateral Account 1. Balance Reconciliation

------------------------------------------------------------------------------------------------------------------- ~~September~~October 1516, 2000 Item Payment Date ------------------------------------------------------------------------------------------------------------------- a. Available Cash Collateral Amount (Beginning) 62$ 27,~~591~~675,~~402~~451 b. Deposits to Cash Collateral Account (II.5(f)) $ - c. Withdrawals from Cash Collateral Account 2$ 952,~~348,272~~315 d. Releases of Cash Collateral Account Surplus $ 159,151 (Excess, if any of (a) plus (b) minus (c) over (f)) - e. Available Cash Collateral Amount (End) $ 26,563,985 (Sum of (a) plus (b) minus (c) minus (d)) ~~60,243,130~~ f. Requisite Cash Collateral Amount 61$ 26,~~060~~563,~~739~~985 g. Cash Collateral Account Shortfall (Excess, if any, of (f) over (e)) ~~817,609~~$ - 2. Calculation of Requisite Cash Collateral Amount a. For Payment Dates from, and including, the ~~January~~December ~~1999~~1997 Payment Date to, and including, the December ~~1999~~1998 Payment Date 1) Initial Cash Collateral Amount 94$ 83,~~000~~153,~~846~~171 b. For Payment Dates from, and including, the ~~January~~November ~~2000~~1998 Payment Date until the Final Payment Date, the sum of 1) 8.255% of the Contract Pool Principal Balance 50$ 20,~~104~~020,~~323~~378 2) The Aggregate Principal Balance of the Notes and the Equity Certificate Balance less the $ 6,543,607 Contract Pool Principal Balance ~~10,956,416~~ 3) Total ((1) plus (2)) 61$ 26,~~060~~563,~~739~~985 c. Floor equal to the lesser of 1) ~~1.25~~2% of Cut-Off Date Contract Pool Principal $ 22,938,806 Balance ($1622,~~785~~938,~~865~~806); and ~~16,785,865~~ 2) the Aggregate Principal Balance of the Notes ~~and the Equity Certificate Balance 618~~$242,~~281~~077,~~543~~465 d. Requisite Cash Collateral Amount 61$ 26,~~060~~563,~~739~~985 3. Calculation of Cash Collateral Account Withdrawals a. Interest Shortfalls $ - b. Principal Deficiency Amount 2$ 952,~~348,272~~315 c. Principal Payable at Stated Maturity Date of $ - Class of Notes or Equity Certificates - d. Total Cash Collateral Account Withdrawals 2952,~~348,272~~315

Page 6 of 8 IV. Information Regarding Distributions on Securities

------------------------------------------------------------------------------------------------------------------------------ Distribution Class A-1 Class A-2 Class A-3 Class A-4 Amounts Notes Notes Notes Notes ------------------------------------------------------------------------------------------------------------------------------ 1. Interest Due $ - $ - $ ~~1,270,029~~- $ ~~914~~711,~~830~~939 2. Interest Paid $ - $ - $ ~~1,270,029~~- $ ~~914~~711,~~830~~939 3. Interest Shortfall $ - $ - $ - $ - ((1) minus (2)) 4. Principal ~~Paid~~Due $ - $ - $ 23- $13,~~670~~138,~~073~~165 5. Principal Paid $ - 5$ - $ - $13,138,165 6. Total Distribution Amount $ - $ - $ ~~24,940,102~~- $ ~~914~~13,~~830~~850,104 ((2) plus (4))

------------------------------------------------------------------------------------------------------------------------ Distribution Class A-5 Class B Class C ~~Class D~~ Amounts Notes Notes Notes ~~Notes~~ Totals ------------------------------------------------------------------------------------------------------------------------ 1. Interest Due $ ~~300~~89,~~665~~684 $ 52369,~~683~~908 $ ~~190,386~~- $ ~~323~~1,~~885 $ 3~~171,~~052,478~~530 2. Interest Paid $ ~~300~~89,~~665~~684 $ 52369,~~683~~908 $ ~~190,386~~- $ ~~323~~1,~~885 $ 3~~171,~~052,478~~530 3. Interest Shortfall $ - $ - $ - $ - ~~$ -~~ ((1) minus (2)) 4. Principal ~~Paid~~Due $ 21,~~505~~469,~~679~~578 $ ~~459,587~~- $ 1- $14,~~518~~607,~~593~~743 5. Principal Paid $ 21,~~217~~469,~~936~~578 $ 30- $ - $14,~~371~~607,~~869~~743 56. Total Distribution Amount $ 21,~~806~~559,~~345~~261 $ ~~512~~369,~~270~~908 $ ~~1,708,980~~- $ 215,~~541~~779,~~821~~273 ~~$ 33,424,347~~ ((2) plus (4))

V. Information Regarding Other Pool Characteristics

-------------------------------------------------------------------------------------------------------------------------- As of End of As of End of Item ~~August~~September-00 ~~July~~August-00 Collection Period Collection Period -------------------------------------------------------------------------------------------------------------------------- 1. Original Contract Characteristics a. Original Number of Contracts 6975,~~983~~651 N.A. b. Cut-Off Date Contract Pool ~~Principal Balance~~ $1,~~342~~146,~~869~~940,~~226~~285 N.A. Principal Balance c. Original Weighted Average ~~Remaining Term~~ 46.306 N.A. Remaining Term (in months) d. Weighted Average Original Term 5653.507 N.A. (in months) 2. Current Contract Characteristics a. Number of Contracts 5127,~~919~~894 5329,~~307~~014 b. Average Contract Principal Balance $118,~~698~~444 $118,~~943~~626 c. Weighted Average Remaining Term 3021.81 3121.59

VI. Capita Equipment Receivables Trust 1997-1 Prepayment Schedule

------------------------------------------------------------ ----------------------------------------------------------- Payment Date Since Issue Payment Date Since Issue Period CPR Period CPR ------------------------------------------------------------ ----------------------------------------------------------- 01 December-9897 14-0.436% ~~Feb~~21 August-0099 7.~~416~~940% 12 January-98 5.709% 22 September-99 18.~~060~~047% 153 ~~Mar~~February-0098 76.~~402~~693% 223 ~~Feb~~October-99 7.776% 4 March-98 6.~~881~~904% 1624 ~~Apr~~November-0099 7.~~666~~545% 35 ~~Mar~~April-98 7.280% 25 December-99 97.~~207~~700% 176 May-98 7.462% 25 January-00 7.~~357~~607% 47 ~~April~~June-9998 106.~~595~~903% 1826 ~~Jun~~February-00 8.193% 8 July-98 7.~~546~~298% 527 ~~May~~March-9900 108.~~294~~215% 199 ~~Jul~~August-98 7.115% 28 April-00 8.508% 10 September-98 7.~~511~~118% 629 ~~Jun~~May-9900 98.~~272~~326% 2011 ~~Aug~~October-98 6.694% 30 June-00 78.~~296~~519% 712 ~~Jul~~November-9998 96.~~814~~643% 2131 ~~Sep~~July-00 8.585% 13 December-98 7.~~425~~065% 32 August-00 8.417% ~~Aug~~14 January-99 7.152% 33 September-00 8.~~969~~565% 915 ~~Sep~~February-99 7.261% 34 October-00 8.~~813~~449% 1016 ~~Oct~~March-99 87.~~067~~336% 1117 ~~Nov~~April-99 7.~~852~~666% 1218 ~~Dec~~May-99 7.~~803~~937% 1319 ~~Jan~~June-0099 7.~~484~~515% 20 July-99 7.873%

Page 7 of 8 VII. Purchased, Liquidated and Paid Contracts A computer listing of all purchased, liquidated and paid contracts has been provided to the Indenture Trustee. Servicer's Certificate The undersigned, on behalf of AT&T Capital Corporation, in its capacity as servicer (the "Servicer") under the Transfer and Servicing Agreement, dated as of December 3, 1997 (the "Transfer and Servicing Agreement"), among Capita Equipment Receivables Trust 1997-1, Antigua Funding Corporation, Bankers Trust Company, as trustee under the Indenture, and AT&T Capital Corporation, in its individual capacity and as Servicer, DO HEREBY CERTIFY that I am a Responsible Officer of the Servicer and, pursuant to Section 3.9 of the Transfer and Servicing Agreement, I DO HEREBY FURTHER CERTIFY the following report with respect to the Payment Date occurring on October 16, 2000 . This Certificate shall constitute the Servicer's Certificate as required by Section 3.9 of the Transfer and Servicing Agreement with respect to the above Payment Date. Any term capitalized but not defined herein shall have the meaning ascribed thereto in the Transfer and Servicing Agreement. AT&T Capital Corporation Glenn Votek ----------- Glenn Votek Executive Vice President, and Treasurer Page 8 of 8

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