SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                         PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


          DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) JANUARY 31, 2001
                                                           ----------------

                       ELECTRONIC BUSINESS SERVICES, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


DELAWARE                           2-96392-A                65-0952956
-------------------------------------------------------------------------------
(STATE OR OTHER                   (COMMISSION      (IRS EMPLOYER JURISDICTION OF
IDENTIFICATION NO.)                FORMATION)              FILE NUMBER)


        1800 N.W. 49TH STREET, SUITE 100, FORT LAUDERDALE, FLORIDA 33309
-------------------------------------------------------------------------------
               (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)          (ZIP CODE)


       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (954) 229-5100
                                                          --------------

         (FORMER NAME OR FORMER ADDRESS, IF CHANGES SINCE LAST REPORT)


<PAGE>


ITEM 5.  OTHER EVENTS


On September  1, 2000,  Electronic  Business  Services,  Inc.  filed a voluntary
petition for relief under Chapter 11 of the US Bankruptcy Code.

While the bankruptcy proceedings are pending, the Company is filing the Debtor's
Monthly  Financial  Report that it is required to file with the Bankruptcy Court
under  Rule  2015 in lieu of the  Form  10K and  10Q  filings.  The  Company  is
attaching the monthly reports for the period January 1, 2001 to January 31, 2001
for each of the following companies as submitted to the United States Bankruptcy
Court Southern District of Florida, Miami Division: Engineered Business Systems,
Inc. and  QuickCredit  Corporation,  wholly owned  subsidiaries of their parent,
Electronic Business Services, Inc.

When the  Company's  reorganization  plan  becomes  effective,  the Company will
resume the mandatory and timely filings of the Exchange Act periodic reports for
all applicable periods.


<PAGE>


ITEM 7.  FINANCIAL EXHIBITS

<TABLE>


                      MONTHLY FINANCIAL REPORT FOR BUSINESS
               FOR THE PERIOD BEGINNING 1/1/01 AND ENDING 1/31/01

Name of Debtor: Electronic Business Services, Inc.                Case Number:
Date of Petition: September 1, 2000                            00-25402 BKC-RBR


                                                                    CUMULATIVE
                                                     CURRENT         PETITION
                                                      MONTH           TO DATE
                                                    -------------   ------------
<S>                                                 <C>           <C>
   1 CASH AT BEGINNING OF PERIOD .............       (5,761.41)       480.97
   2 RECEIPTS
     A. Cash Sales
         Less:  Cash Refunds
         Net Cash Sales
     B. Collection on Postpetition A/R
     C. Collection on Prepetition A/R
     D. Other Receipts
             Transfer from
               Eng. Business Systems (Sub) ...       68,567.04    308,280.20
             Transfer from
               QuickCredit Corp (Sub) ........        4,024.21    226,131.20
             Transfer from
               Funding Group .................       55,000.00    130,000.00
   3 TOTAL RECEIPTS ..........................      127,591.25    664,411.40
   4 TOTAL CASH AVAILABLE FOR OPERATIONS .....      121,829.84    664,892.37

   5 DISBURSEMENTS
     A. U.S. Trustee Quarterly Fees ..........        3,750.00      4,250.00
     B. Net Payroll ..........................       25,157.29    300,733.93
     C. Payroll Taxes ........................       11,262.90    121,925.91
     D. Sales & Use Taxes ....................         --            --
     E. Other Taxes ..........................          180.00        180.00
     F. Rent .................................        9,422.04     44,608.60
     G. Other Leases (Attachment 3) ..........         --            --
     H. Telephone ............................       15,403.88     53,424.43
     I. Utilities ............................        2,121.11      8,503.94
     J. Travel & Entertainment ...............        1,520.98      1,520.98
     K. Vehicle Expenses .....................          100.00        100.00
     L. Office Supplies ......................         --            --
     M. Advertising ..........................         --            --
     N. Insurance (Attachment 7) .............       18,290.42     49,451.91
     O. Purchases of Fixed Assets ............         --            --
     P. Purchases of Inventory ...............         --            --
     Q. Manufacturing Supplies ...............         --            --
     R. Repairs & Maintenance ................          387.96      1,050.46
     S. Payments of Secured Creditors ........         --          10,000.00
     T. Other Operating Expenses (Attach List)         --            --
             Merchants F/QCC
               Prepayment ....................         --           3,750.00
             Equifax F/QCC
               Prepayment ....................         --           4,036.11
             Bank Charge .....................           45.60        182.12
             Employee Loans ..................         --             350.00
             Office Expense ..................          232.38        823.03
             Trans to
               QuickCredit Corporation .......         --          26,045.67

   6 TOTAL CASH DISBURSEMENTS ................       87,874.56    630,937.09

   7 ENDING CASH BALANCE .....................       33,955.28     33,955.28

</TABLE>


<PAGE>



<TABLE>


                 MONTHLY FINANCIAL REPORT FOR BUSINESS
        FOR THE PERIOD BEGINNING 1/20/01 AND ENDING 1/31/01

Name of Debtor: Engineered Business Systems, Inc.                  Case Number:
Date of Petition: January 19, 2001                             01-20363 BKC-RBR

                                                                CUMULATIVE
                                                     CURRENT     PETITION
                                                      MONTH       TO DATE
                                                  ------------  ----------
<S>                                                 <C>         <C>
   1 CASH AT BEGINNING OF PERIOD .............      19,865.35   19,865.35
   2 RECEIPTS
     A. Cash Sales
         Less:  Cash Refunds
         Net Cash Sales
     B. Collection on Postpetition A/R .......           3.30        3.30
     C. Collection on Prepetition A/R ........      22,824.77   22,824.77
     D. Other Receipts
            Cash Receipts - Non A/R ..........       3,907.67    3,907.67
            Void Pre-Petition Checks .........       4,085.95    4,085.95
   3 TOTAL RECEIPTS ..........................      30,821.69   30,821.69
   4 TOTAL CASH AVAILABLE FOR OPERATIONS .....      50,687.04   50,687.04

   5 DISBURSEMENTS
     A. U.S. Trustee Quarterly Fees ..........        --          --
     B. Net Payroll ..........................        --          --
     C. Payroll Taxes ........................        --          --
     D. Sales & Use Taxes ....................        --          --
     E. Other Taxes ..........................          25.00       25.00
     F. Rent .................................        --          --
     G. Other Leases (Attachment 3) ..........        --          --
     H. Telephone ............................        --          --
     I. Utilities ............................        --          --
     J. Travel & Entertainment ...............        --          --
     K. Vehicle Expenses .....................        --          --
     L. Office Supplies ......................         567.63      567.63
     M. Advertising ..........................        --          --
     N. Insurance (Attachment 7) .............        --          --
     O. Purchases of Fixed Assets ............        --          --
     P. Purchases of Inventory ...............        --          --
     Q. Manufacturing Supplies ...............        --          --
     R. Repairs & Maintenance ................         163.19      163.19
     S. Payments of Secured Creditors ........        --          --
     T. Other Operating Expenses (Attach List)
            Credit Reporting Repositories
            Trans to QuickCredit
              Corporation Co-Contribution
              F/Shared Expenses ..............       1,000.00    1,000.00
            Trans to Electronic
              Co-Contribution
              F/Shared Expenses ..............      22,836.32   22,836.32
            Trans to Electronic --
              Payroll Account ................        --          --
            Postage ..........................        --          --
            Bank Charges .....................           7.60        7.60

   6 TOTAL CASH DISBURSEMENTS ................      24,599.74   24,599.74

   7 ENDING CASH BALANCE .....................      26,087.30   26,087.30

</TABLE>


<PAGE>


<TABLE>

                 MONTHLY FINANCIAL REPORT FOR BUSINESS
         FOR THE PERIOD BEGINNING 1/1/01 AND ENDING 1/31/01

Name of Debtor: QuickCredit Corporation                           Case Number:
Date of Petition: September 1, 2000                            00-25401 BKC-RBR

                                                                      CUMULATIVE
                                                           CURRENT     PETITION
                                                            MONTH       TO DATE
                                                        ------------  ----------
<S>                                                      <C>          <C>
   1 CASH AT BEGINNING OF PERIOD ..................      (1,502.80)    31,406.90
   2 RECEIPTS
     A. Cash Sales
         Less:  Cash Refunds
         Net Cash Sales
     B. Collection on Postpetition A/R ............      45,919.92    212,012.96
     C. Collection on Prepetition A/R .............       2,875.25     61,000.82
     D. Other Receipts ............................                      --
              Transfer from
                Eng. Business Systems (Sub) .......       1,000.00     34,351.35
              Transfer from
                QuickCredit Corp (Closed Acct) ....        --             361.34
              Transfer from
                Electronic - Operating ............        --          26,045.67

   3 TOTAL RECEIPTS ...............................      49,795.17    333,772.14
   4 TOTAL CASH AVAILABLE FOR OPERATIONS ..........      48,292.37    365,179.04

   5 DISBURSEMENTS
     A. U.S. Trustee Quarterly Fees ...............       1,500.00      2,000.00
     B. Net Payroll ...............................        --            --
     C. Payroll Taxes .............................        --            --
     D. Sales & Use Taxes .........................        --            --
     E. Other Taxes ...............................        --            --
     F. Rent ......................................        --            --
     G. Other Leases (Attachment 3) ...............        --             245.92
     H. Telephone .................................         602.40        602.40
     I. Utilities .................................        --            --
     J. Travel & Entertainment ....................         128.50        128.50
     K. Vehicle Expenses ..........................        --            --
     L. Office Supplies ...........................       1,237.36      3,982.02
     M. Advertising ...............................       2,195.00      2,195.00
     N. Insurance (Attachment 7) ..................        --            --
     O. Purchases of Fixed Assets .................        --            --
     P. Purchases of Inventory ....................        --            --
     Q. Manufacturing Supplies ....................        --            --
     R. Repairs & Maintenance .....................        --            --
     S. Payments of Secured Creditors .............        --            --
     T. Other Operating Expenses (Attach List)
              Credit Reporting
                Repositories ......................      30,431.52    152,554.47
              Employee Payments
                (Court Ordered) ...................        --           2,182.75
              Trans to Eng. Bus Systems
                for Equifax Pre-pay ...............        --          15,000.00
              Trans to Eng. Bus Sys
                Co-Contribution F/Shared Expenses .        --          15,112.81
              Trans to Electronic --
                Operating for Merchants Pre-Pay ...        --           3,000.00
              Trans to Electronic
                Co-Contribution F/Shared Expenses .       4,024.21     38,851.86
              Trans to Electronic --
                Payroll Account ...................        --          84,279.34
              Trans to
                Eng. Bus Systems for Payroll ......        --          30,656.90
              Temporary Clerical Services .........       2,514.38      6,236.06
              Trans to Business Objects
                for Eng Business ..................        --           1,137.60
              Postage .............................       1,800.00      2,875.00
              Bank Charges ........................         181.81        461.22

   6 TOTAL CASH DISBURSEMENTS .....................      44,615.18    361,501.85

   7 ENDING CASH BALANCE ..........................       3,677.19      3,677.19

</TABLE>




                                      ELECTRONIC BUSINESS SERVICES, INC.


                                      By: /s/ VITO A. BELLEZZA
                                      -------------------------------------
                                      Vito A. Bellezza
                                      Chief Executive Officer


Dated: January 31, 2001