<PAGE>   1
                                    FORM 10-K


                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D. C. 20549


[ X ]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
       THE SECURITIES EXCHANGE ACT OF 1934.

For the fiscal year ended December 31, 1999.

                                       OR

[  ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D)
       OF THE SECURITIES EXCHANGE ACT OF 1934.

For the transition period from                       to                     .
                               ---------------------    -------------------

                        Commission file numbers 333-79773
                                                333-79773-01
                                                333-79773-02
                                                ------------

                         ADVANTA BUSINESS SERVICES CORP.
             ------------------------------------------------------
             (Exact Name of Registrant as specified in its charter)

           DELAWARE                                           23-2333786
---------------------------------                        -------------------
(State or Other Jurisdiction                              (I.R.S. Employer
of Incorporation or Organization)                        Identification No.)

1020 Laurel Oak Road, Voorhees, New Jersey                       08043
------------------------------------------                    ----------
(Address of Principal Executive Offices)                      (Zip Code)

             Registrant's telephone numbers, including area code:
                                 (856) 782-7300

                     ADVANTA LEASING RECEIVABLES CORP. VIII
                      ADVANTA LEASING RECEIVABLES CORP. IX
            (Exact Name of Registrants as specified in their charter)

                                                      52-2170910
      NEVADA                                      -------------------
                                                      52-2170234
                                                  -------------------
(State or Other Jurisdiction                      (I.R.S. Employer
of Incorporation)                                 Identification Nos.)


639 Isbell Road, Suite 390, Reno, Nevada                    89509
----------------------------------------                  ----------
(Address of Principal Executive Offices)                  (Zip Code)



<PAGE>   2

Registrants' telephone number, including area code:  (800) 851-5215

Securities Registered Pursuant to Section 12(b) of the Securities Exchange Act
of 1934: None.

Securities Registered Pursuant to Section 12(g) of the Securities Exchange Act
of 1934: None

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   X           No
    -----            -----

         Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of the Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [X]

         State the aggregate market value of the voting stock and non-voting
common equity held by non-affiliates of the Registrants. None. With respect to
the Notes referred to herein, as of February 28, 2000, $72,134,478.00. As of
May 13, 1999 there were 1,000 shares of each of the Registrants' Common Stock
outstanding.

         Documents Incorporated By Reference: Part IV



                                       2
<PAGE>   3



                                     PART I


ITEM 1. BUSINESS

Advanta Business Services Corp. ("ABS") is a wholly-owned subsidiary of Advanta
Leasing Holding Corp., a Delaware corporation ("ALHC"). ALHC is a wholly-owned
subsidiary of Advanta Corp., a Delaware corporation, ("Advanta Corp.") which is
a publicly-traded company based in Spring House, PA. ABS is in the business of
originating, acquiring and serving certain leases (the "Leases") and interests
in the equipment underlying the leases (the "Equipment"). Advanta Leasing
Receivables Corp. IX ("ALRC IX") and Advanta Leasing Receivables Corp. VIII
("ALRC VIII," together with ALRC IX, the "Issuers") are wholly-owned
subsidiaries of ABS and were formed for the purpose of securitizing the Leases
and the Equipment through the issuance of debt securities (the "Notes"). The
Issuers acquired their rights to the Leases and Equipment either from ABS
directly, pursuant to the Master Contribution Agreement, dated as of August 26,
1999 or pursuant to one or more sale agreements in each case between the Issuers
and one or more affiliates of ABS. On August 26, 1999, the Issuers issued notes
entitled Equipment Receivables Asset-Backed Notes, Series 1999-1 totalling
$98,876,115 principal amount of notes consisting of: the Class A-1 Notes, the
Class A-2 Notes, and Class A-3 Notes, (collectively, the "Offered Notes"). The
assets of the Issuers consist primarily of Leases, Equipment and a reserve
account. The Notes were issued pursuant to the Master Business Receivables Asset
Backed Financing Facility Agreement (the "Indenture"), dated as of August 26,
1999, by and among ABS, as servicer, Bankers Trust Company as trustee. The
Offered Notes were sold pursuant to a public offering, the underwriting of which
was sole managed by Fort Union Capital Market Corp., (the "Underwriters"). The
Notes represent asset-backed debt obligations of the Issuers, as joint and
several obligors. The Notes were registered under a Registration Statement
(file no.333-79773) on Form S-1 declared effective on or about August 12, 1999.
As bankruptcy-remote entities, the Issuers' operations are restricted so that
(a) they do not engage in business with, or incur liabilities to, any other
entity (other than the Trustee on behalf of the holders of the Notes) which may
bring bankruptcy proceedings against the Issuers and (b) the risk is diminished
that they will be consolidated into the bankruptcy proceedings of any other
entity. The Issuers have no other assets except the Leases and the Equipment,
and proceeds thereof.

ITEM 2. PROPERTIES

         None.




                                       3
<PAGE>   4

ITEM 3. LEGAL PROCEEDINGS

         The Issuers are not aware of any material pending legal proceedings
involving the Issuers, the Trustee or the Servicer with respect to the Notes or
the Issuers' property. However, ABS and the Issuers are indirect subsidiaries of
Advanta Corp.

         On January 25, 1999 Advanta Corp. reported that on Friday, January 22,
1999, Fleet Financial Group, Inc. and certain of its affiliates ("Fleet") filed
a complaint (the "Complaint") against Advanta Corp. and certain of its
affiliates relating to the transaction with Fleet which closed on February 20,
1998 in which Advanta Corp. contributed most of its consumer credit card
business to a limited liability company owned by Fleet (the "Fleet
Transaction"). The Complaint centers around post-closing adjustments to the
transaction and other matters relating to the Fleet Transaction.

         Advanta Corp. believes that the lawsuit is inappropriate and without
merit and, on February 16, 1999 it filed its answer and counterclaims in which
it denies all of the substantive allegations in the Complaint and seeks damages
from Fleet. Advanta Corp. does not expect this suit to have any material adverse
financial impact on its business.

         The ability of Advanta Corp.'s subsidiaries to honor their financial
and other obligations is to some extent influenced by the financial condition of
Advanta Corp. Such obligations primarily consist of the ABS's or the Issuers'
obligations to repurchase mortgage loans which are inconsistent with
representations and warranties set forth in certain agreements relating to Notes
issued by the Trust sponsored by ABS as well as the obligations of the ABS as
servicer pursuant to certain agreements relating to Notes issued by the Trust.

         This Report on Form 10-K contains forward-looking statements that are
subject to certain risks and uncertainties that could cause actual results to
differ materially from those projected. The most significant among these risks
and uncertainties is the uncertainty of the legal process.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         No matter has been submitted to a vote of the holders of beneficial
interests of the Issuers or the Notes through the solicitation of proxies or
otherwise.


                                     PART II


ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS




                                       4
<PAGE>   5

         The sole holder of ABS's Common Stock is ALHC. The sole holder of the
Issuers' Common Stock is ABS. There is currently no market for such Common Stock
nor is it anticipated that such a market will develop.

         As of February 17, 2000, there were approximately 2 holders of the
Class A-1 Notes, 9 holders of the Class A-2 Notes, and 2 holders of the Class
A-3 Notes. The number of holders includes individual participants in security
position listings. As of December 15, 1999, 4 monthly distributions had been
made to the holders of the Notes.

ITEM 6. SELECTED FINANCIAL DATA

         Not Applicable.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

         On August 26, 1999, the Issuers issued $50,929,490 aggregate principal
amount of Class A-1 Notes having a fixed rate per annum of 5.76664%, $38,500,927
aggregate principal amount of Class A-2 Notes having a fixed rate per annum of
6.64%, and $9,445,708 aggregate principal amount of Class A-3 Notes having a
fixed rate per annum of 6.90%, which were collateralized by the Leases,
Equipment and the reserve account. The sale of the Leases and Equipment to the
Issuers, the issuance of the Notes and the simultaneous delivery of the Notes to
the Underwriters, has been accounted for as a sale. The value of the Notes
issued by the Issuers equaled the value of the assets pledged as collateral for
the Notes. Accordingly, there was no income to the Issuers resulting from the
aforementioned transaction.

         CAPITAL RESOURCES AND LIQUIDITY

         The Issuers' primary sources of funds with respect to the Notes will be
the receipt of interest on and principal with respect to the Leases and
Equipment. The management of ABS believes that the Issuers will have sufficient
liquidity and capital resources to pay all amounts on the Notes as they become
due and all other anticipated expenses of the Issuers. The Issuers do not have,
nor will they have in the future, any significant sources of capital for payment
of the Notes and its operating expenses other than the receipt of




                                       5
<PAGE>   6


interest on and principal on the Leases and Equipment. The Notes represent
asset-backed debt obligations solely of the Issuers.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTAL DATA

         Not Applicable.

ITEM 9. CHANGE IN AND DISAGREEMENTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

         There were no changes of accountants or disagreements on according or
financial disclosures between the Issuers and its accountants.


                                    PART III


ITEM 10. DIRECTORS AND OFFICERS OF THE REGISTRANT

         The following individuals comprise the board of directors and the
officers of the Advanta Business Services Corp.:

<TABLE>
<CAPTION>
Name                                                    Position
----                                                    --------
<S>                                                     <C>
Dennis Alter                                            Director

Phillip Broure                                          Director

</TABLE>



                                       6
<PAGE>   7


         The following individuals comprise the board of directors and the
officers of Advanta Leasing Receivables Corp. VIII:

<TABLE>
<CAPTION>
Name                                                    Position
----                                                    --------
<S>                                                     <C>
George Deehan                                           Director
Francis B. Jacobs, II                                   Director
John Paris                                              President and Director
Michael Coco                                            Vice President, Chief Financial Officer and Director
Mark Shapiro                                            Treasurer
Janice C. George                                        Vice President, Assistant Secretary and Director
Cole B. Silver                                          Secretary
</TABLE>


         The following individuals comprise the board of directors and the
officers of Advanta Leasing Receivables Corp. IX:

<TABLE>
<CAPTION>
Name                                                    Position
----                                                    --------
<S>                                                     <C>
George Deehan                                           Director
Francis B. Jacobs, II                                   Director
John Paris                                              President and Director
Michael Coco                                            Vice President, Chief Financial Officer and Director
Mark Shapiro                                            Treasurer
Janice C. George                                        Vice President, Assistant Secretary and Director
Cole B. Silver                                          Secretary
</TABLE>


         All directors and officers hold office for the term of one year and
until their successors are elected and qualified, subject to earlier termination
by removal or resignation.



                                       7
<PAGE>   8


ITEM 11. EXECUTIVE COMPENSATION

         Not Applicable.  The Trust does not have employees.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

         The following table sets forth (i) the name and address of each entity
owning more than 5% of the outstanding principal amount of the Equipment
Receivables Asset-Backed Notes, Series 1999-1, Class A-1 Notes, Class A-2 Notes,
and Class A-3 Notes, (ii) the principal amount of each class of Offered Notes
and (iii) the percent that the principal amount of each Class of Offered Notes
owned represents of the outstanding principal amount of each Class of the
Offered Notes, respectively. The information set forth in the table is based
upon information obtained by the Issuers from the Depository Trust Company.

         ABS and the Issuers are not aware of any Schedules 13D or 13G filed
with the Securities and Exchange Commission in respect of the Notes.

<TABLE>
<CAPTION>
                                                                        Amounts
                                                                         Owed
                                                                      (All Dollar
                                                                      Amounts are
                                                                     in Thousands)
Name and Address                                      Principal         Percent
----------------                                      ---------         -------
<S>                                                   <C>               <C>

Class A-1 Notes
---------------

Bankers Trust Company                                   $5,000             9.82%
C/o BT Services Tennessee Inc.
Nashville, TN 37211

Merrill Lynch, Pierce & Smith Safekeeping              $45,929            90.18%
4 Corporate Place
Corporate Park 287
Piscataway, NJ 08855

Class A-2 Notes
---------------

Bankers Trust Company                                  $ 2,800             7.27%
C/o BT Services Tennessee Inc.
Nashville, TN 37211

Boston Safekeeping                                     $ 8,600            22.34%
Boston, MA 02105

Citibank, N.A.                                         $ 2,600             6.75%
P.O. Box 30576
Tampa, FL 33630

State Street Bank and Trust Company                    $ 5,501            14.29%
Global Corp. Action Dept JAB5W
P.O. Box 1631
Boston, MA 02105

Class A-3 Notes
---------------

Bankers Trust Company                                   $7,946            84.12%
C/o BT Services Tennessee Inc.
Nashville, TN 37211

Chase Manhattan Bank                                   $ 1,500            15.88%
4 New York Plaza
13th Floor
New York, NY 10004

</TABLE>



                                       8
<PAGE>   9

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

         Not Applicable.


                                     PART IV

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

         (a)      The following documents are filed as part of this report:

                  1.   Financial Statements:  Not Applicable.
                  2.   Financial Statement Schedules.  Not Applicable.
                  3.   Exhibits:





                                       9
<PAGE>   10


<TABLE>
<CAPTION>
         Exhibit No.                                            Description
         -----------                                            -----------
<S>                            <C>
           *3.1.1              Certificate of Incorporation of Advanta Business Services Corp.

           *3.1.2              Certificate of Incorporation of Advanta Leasing Receivables Corp. VIII

           *3.1.3              Certificate of Incorporation of Advanta Leasing Receivables Corp. IX

           *3.2.1              By-laws of Advanta Business Services Corp.

           *3.2.2              By-laws of Advanta Leasing Receivables Corp. VIII

           *3.2.3              By-laws of Advanta Leasing Receivables Corp. IX

           *4.1                Master Business Receivables Asset-Backed Financing Facility Agreement

          *99.1                Servicer's Certificates for the payment periods ending in April, May, June,
                               September, October, November and December.
</TABLE>

*    Incorporated by reference to the Exhibit of the same designation filed on
     the Form S-1 registration statement declared effective on or about August
     12, 1999 and also Incorporated by reference from previously filed Current
     Reports on Form 8-K listed below

(b)  Reports on Form 8-K.

     Four reports on Form 8-K have been filed by the Issuers during the
period covered by this report.



                                       10
<PAGE>   11

<TABLE>
<CAPTION>
Date of Reports on Form 8-K                Item Report/Financial Statements Filed
---------------------------                --------------------------------------
<S>                                        <C>
September 15, 1999                         Servicer's Certificate for the August Monthly Period relating to
                                           the Equipment Receivables Asset-Backed Notes, Series 1999-1,
                                           Class A-1 Notes, Class A-2 Notes, Class A-3 Notes

October 15, 1999                           Servicer's Certificate for the September Monthly Period relating
                                           to the Equipment Receivables Asset-Backed Notes, Series 1999-1,
                                           Class A-1 Notes, Class A-2 Notes, Class A-3 Notes

November 15, 1999                          Servicer's Certificate for the October Monthly Period relating
                                           to the Equipment Receivables Asset-Backed Notes, Series 1999-1,
                                           Class A-1 Notes, Class A-2 Notes, Class A-3 Notes

December 15, 1999                          Servicer's Certificate for the November Monthly Period relating
                                           to the Equipment Receivables Asset-Backed Notes, Series 1999-1,
                                           Class A-1 Notes, Class A-2 Notes, Class A-3 Notes

January 18, 2000                           Servicer's Certificate for the December Monthly Period relating
                                           to the Equipment Receivables Asset-Backed Notes, Series 1999-1,
                                           Class A-1 Notes, Class A-2 Notes, Class A-3 Notes
</TABLE>

(c)  See "Item 14(a)(3) - Exhibits."

(d)  Not applicable.




                                       11
<PAGE>   12




                                   SIGNATURES


         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrants have duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.

                            ADVANTA BUSINESS SERVICES CORP.

                            as Registrant and Servicer

                            By: /s/ George Deehan
                               ---------------------------------------------
                                   Name:   George Deehan
                                   Title:  President, Chief Executive Officer
                                             and Director

                            Dated: March 31, 2000

                            ADVANTA LEASING RECEIVABLES CORP. VIII

                            as Registrant

                            By: /s/ Michael Coco
                               ---------------------------------------------
                               Name: Michael Coco
                               Title: Vice President and Chief Executive
                                      Officer

                            ADVANTA LEASING RECEIVABLES CORP. IX

                            as Registrant

                            By: /s/ Michael Coco
                               ---------------------------------------------
                               Name: Michael Coco
                               Title: Vice President and Chief Executive
                                      Officer


         Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf on the
Registrants and in the capacities and on the dates indicated.

                                ADVANTA BUSINESS SERVICES CORP.

                                By: /s/ Dennis Alter
                                   -------------------------------------------
                                    Name:  Dennis Alter
                                    Title: Director

                                    Date:  March 31, 2000


                                By:  /s/ George Deehan
                                   -------------------------------------------
                                    Name:  George Deehan
                                    Title: President, Chief Executive Officer
                                           and Director
                                    Date:  March 31, 2000


                                By: /s/ John Paris
                                   -------------------------------------------
                                    Name:    John Paris
                                    Title:   Senior Vice President and
                                             Chief Financial Officer

                                    Date:    March 31, 2000

                                By: /s/ Cole B. Silver
                                   -------------------------------------------
                                    Name:    Cole B. Silver
                                    Title:   Senior Vice President, Secretary

                                    Date:    March 31, 1999


                                ADVANTA LEASING RECEIVABLES CORP. VIII

                                By: /s/ John Paris
                                   -------------------------------------------
                                    Name:    John Paris
                                    Title:   President and Director

                                    Date:    March 31, 2000

                                By: /s/ Michael Coco
                                   -------------------------------------------
                                    Name:    Michael Coco
                                    Title:   Vice President, Chief Executive
                                             Officer and Director

                                Date:    March 31, 2000


                                By: /s/ Mark Shapiro
                                   -------------------------------------------
                                    Name:    Mark Shapiro
                                    Title:   Treasurer

                                    Date: March 31, 2000


                                By: /s/ Janis C. George
                                   -------------------------------------------
                                    Name:    Janis C. George
                                    Title:   Vice President, Assistant Secretary
                                             and Director

                                    Date:    March 31, 2000


                                By: /s/ Cole B. Silver
                                   -------------------------------------------
                                    Name:    Cole B. Silver
                                    Title:   Secretary

                                    Date:    March 31, 2000


                                By: /s/ George Deehan
                                   -------------------------------------------
                                    Name:    George Deehan
                                    Title:   Director

                                    Date:    March 31, 2000



                                ADVANTA LEASING RECEIVABLES CORP. IX


                                By: /s/ John Paris
                                   -------------------------------------------
                                    Name:    John Paris
                                    Title:   President and Director

                                    Date:    March 31, 2000


                                By: /s/ Michael Coco
                                   -------------------------------------------
                                    Name:    Michael Coco
                                    Title:   Vice President, Chief Executive
                                             Officer and Director

                                    Date:    March 31, 2000


                                By: /s/ Mark Shapiro
                                   -------------------------------------------
                                    Name:    Mark Shapiro
                                    Title:   Treasurer

                                    Date:    March 31, 2000


                                By: /s/ Janis C. George
                                   -------------------------------------------
                                    Name:    Janis C. George
                                    Title:   Vice President, Assistant Secretary
                                             and Director

                                    Date:    March 31, 2000


                                By: /s/ Cole B. Silver
                                   -------------------------------------------
                                    Name:    Cole B. Silver
                                    Title:   Secretary

                                    Date:    March 31, 2000


                                By: /s/ George Deehan
                                   -------------------------------------------
                                    Name:    George Deehan
                                    Title:   Director

                                    Date:    March 31, 2000






                                       12
<PAGE>   13


                                  EXHIBIT INDEX

<TABLE>
<CAPTION>
         Exhibit No.                                            Description
         -----------                                            -----------
<S>                            <C>
           *3.1.1              Certificate of Incorporation of Advanta Business Services Corp.
           *3.1.2              Certificate of Incorporation of Advanta Leasing Receivables Corp. VIII
           *3.1.3              Certificate of Incorporation of Advanta Leasing Receivables Corp. IX
           *3.2.1              By-laws of Advanta Business Services Corp.
           *3.2.2              By-laws of Advanta Leasing Receivables Corp. VIII
           *3.2.3              By-laws of Advanta Leasing Receivables Corp. IX
           *4.1                Master Business Receivables Asset-Backed Financing Facility Agreement
          *99.1                Servicer's Certificates for the payment periods ending in September,
                               October, November and December 1999
</TABLE>

*  Incorporated by reference to the Exhibit of the same designation filed
   with ABS's and the Issuers' Form S-1 registration statement declared
   effective on or about August 12, 1999 and also Incorporated by reference from
   previously filed Current Reports on Form 8-K listed herein.



                                       13