Form 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                 |X|    Quarterly Report Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934. For the quarterly
                        period ended June 30, 2002

                 |_|    Transition Report Pursuant to Section 13 or 15(d) of
                        the Securities Exchange Act of 1934.
                        For the transition period from _______ to _______

                         Commission File Number 0-21552

                      ATEL Cash Distribution Fund IV, L.P.
             (Exact name of registrant as specified in its charter)

  California                                               94-3145429
  ----------                                               ----------
(State or other jurisdiction of                        (I. R. S. Employer
 incorporation or organization)                       Identification No.)

           235 Pine Street, 6th Floor, San Francisco, California 94104
           -----------------------------------------------------------
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (415) 989-8800
       ------------------------------------------------------------------



Indicate  by a 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 |_|

                       DOCUMENTS INCORPORATED BY REFERENCE

                                      None



                                        1
<PAGE>

                          Part I FINANCIAL INFORMATION

Item 1.               Financial Statements.



                                        2
<PAGE>

                      ATEL CASH DISTRIBUTION FUND IV, L.P.

                                  BALANCE SHEET

                                  JUNE 30, 2002
                                   (Unaudited)


                                     ASSETS



Cash and cash equivalents                                         $ 1,140,574

Accounts receivable, net of allowance for
doubtful accounts of $24,383                                          131,258

Investments in leases                                               1,933,738
                                                              ----------------
                                                                  $ 3,205,570
                                                              ================


                        LIABILITIES AND PARTNERS' CAPITAL


Non-recourse debt                                                   $ 202,463

Accounts payable                                                      104,807

Accrued interest payable                                                1,460
                                                              ----------------
Total liabilities                                                     308,730

Partners' capital:
     General partners                                                 231,743
     Limited partners                                               2,665,097
                                                              ----------------
Total partners' capital                                             2,896,840
                                                              ----------------
                                                                  $ 3,205,570
                                                              ================



                             See accompanying notes.






                                        3
<PAGE>

                      ATEL CASH DISTRIBUTION FUND IV, L.P.

                                INCOME STATEMENTS

                        SIX AND THREE MONTH PERIODS ENDED
                             JUNE 30, 2002 AND 2001
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                   Six Months                       Three Months
                                                 Ended June 30,                    Ended June 30,
                                                 --------------                    --------------
                                              2002            2001             2002             2001
                                              ----            ----             ----             ----
<S>                                           <C>              <C>              <C>              <C>
Revenues:
Lease revenues:
   Operating leases                           $ 303,151        $ 315,013        $ 165,289        $ 166,121
   Direct financing leases                      425,427          288,615          222,654          143,005
(Loss) gain on sale of assets                    10,131           (1,916)           2,737           (9,279)
Interest income                                   6,953           13,599            2,692            5,368
Other income                                        293            1,182              256              144
                                         --------------- ---------------- ---------------- ----------------
                                                745,955          616,493          393,628          305,359
Expenses:
Depreciation and amortization                   243,024          249,378          118,466          114,167
Cost reimbursements to General Partner          135,666          251,284           83,916          150,813
Other                                            54,996           61,268           30,408           24,974
Professional fees                                29,640           26,075           18,505           20,455
Interest                                         10,431           23,851            4,717           10,005
Equipment and incentive management fees               -                -                -          (30,928)
                                         --------------- ---------------- ---------------- ----------------
                                                473,757          611,856          256,012          289,486
                                         --------------- ---------------- ---------------- ----------------
Net income                                    $ 272,198          $ 4,637        $ 137,616         $ 15,873
                                         =============== ================ ================ ================
Net income:
     General partners                           $ 2,722             $ 46          $ 1,376            $ 159
     Limited partners                           269,476            4,591          136,240           15,714
                                         --------------- ---------------- ---------------- ----------------
                                              $ 272,198          $ 4,637        $ 137,616         $ 15,873
                                         =============== ================ ================ ================

Net income per limited partnership unit           $0.04            $0.00            $0.02            $0.00
Weighted average number of units
   outstanding                                7,487,350        7,487,350        7,487,350        7,487,350
</TABLE>


                    STATEMENT OF CHANGES IN PARTNERS' CAPITAL

                             SIX MONTH PERIOD ENDED
                                  JUNE 30, 2002
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                  Limited Partners      General
                                       Units           Amount          Partners           Total
<S>                                     <C>            <C>                <C>            <C>
Balance December 31, 2001               7,487,350      $ 3,331,557        $ 229,021      $ 3,560,578
Distributions to limited partners                         (935,936)               -         (935,936)
Net income                                                 269,476            2,722          272,198
                                   --------------- ---------------- ---------------- ----------------
Balance June 30, 2002                   7,487,350      $ 2,665,097        $ 231,743      $ 2,896,840
                                   =============== ================ ================ ================
</TABLE>

                             See accompanying notes.


                                        4
<PAGE>

                      ATEL CASH DISTRIBUTION FUND IV, L.P.

                            STATEMENTS OF CASH FLOWS

                        SIX AND THREE MONTH PERIODS ENDED
                             JUNE 30, 2002 AND 2001
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                              Six Months                       Three Months
                                                            Ended June 30,                    Ended June 30,
                                                            --------------                    --------------
                                                         2002            2001             2002             2001
                                                         ----            ----             ----             ----
Operating activities:
<S>                                                      <C>                <C>            <C>               <C>
Net income                                               $ 272,198          $ 4,637        $ 137,616         $ 15,873
Adjustments to reconcile net income to net
   cash provided by operations:
   Depreciation and amortization                           243,024          249,378          118,466          114,167
   Loss (gain) on sale of assets                           (10,131)           1,916           (2,737)           9,279
     Changes in operating assets and liabilities:
        Accounts receivable                                 61,995        1,985,623           69,723           88,081
        Bank overdrafts                                          -         (230,243)               -                -
        Accounts payable, general partner                  (48,454)         (32,722)               -          (30,928)
        Accounts payable, other                             (4,432)          27,426             (158)          82,129
        Accrued interest payable                              (663)          (2,552)            (335)          (1,288)
        Unearned operating lease income                    (43,219)          27,617          (41,204)          77,197
                                                    --------------- ---------------- ---------------- ----------------
Net cash from operations                                   470,318        2,031,080          281,371          354,510
                                                    --------------- ---------------- ---------------- ----------------

Investing activities:
Proceeds from sales of assets                              401,040          180,790           31,903           45,146
Reduction in investment in direct financing
   leases                                                   27,573          241,222            3,846          157,059
                                                    --------------- ---------------- ---------------- ----------------
Net cash provided by investing activities                  428,613          422,012           35,749          202,205
                                                    --------------- ---------------- ---------------- ----------------

Financing activities:
Payments of non-recourse debt                              (91,933)        (407,149)         (46,462)        (205,482)
Distributions to limited partners                         (935,936)      (1,331,182)               -            2,853
                                                    --------------- ---------------- ---------------- ----------------
Net cash used in financing activities                   (1,027,869)      (1,738,331)         (46,462)        (202,629)
                                                    --------------- ---------------- ---------------- ----------------
Net increase (decrease) in cash and
   cash equivalents                                       (128,938)         714,761          270,658          354,086
Cash at beginning of period                              1,269,512           55,445          869,916          416,120
                                                    --------------- ---------------- ---------------- ----------------
Cash at end of period                                  $ 1,140,574        $ 770,206      $ 1,140,574        $ 770,206
                                                    =============== ================ ================ ================

Supplemental disclosures of cash flow information:
Cash paid during period for interest                      $ 11,094         $ 26,403          $ 5,052         $ 11,293
                                                    =============== ================ ================ ================
</TABLE>

                             See accompanying notes.


                                        5
<PAGE>

                      ATEL CASH DISTRIBUTION FUND IV, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                                  JUNE 30, 2002
                                   (Unaudited)


1. Summary of significant accounting policies:

Interim financial statements:

The unaudited interim financial statements reflect all adjustments which are, in
the opinion of the general partners,  necessary to a fair statement of financial
position and results of operations for the interim periods  presented.  All such
adjustments are of a normal recurring nature.  These unaudited interim financial
statements  should be read in  conjunction  with the most recent  report on Form
10K.


2. Organization and partnership matters:

ATEL Cash  Distribution  Fund IV, L.P. (the  Partnership),  was formed under the
laws of the State of  California  on  September  19,  1991,  for the  purpose of
acquiring equipment to engage in equipment leasing and sales activities.

The Partnership's business consists of leasing various types of equipment. As of
June 30, 2002,  the  original  terms of the leases were from six months to eight
years.


3. Investment in leases:

The Partnership's investment in leases consists of the following:

<TABLE>
<CAPTION>
                                                                      Depreciation
                                                                      Expense or        Reclass-
                                                     December 31,    Amortization     ifications &       June 30,
                                                         2001          of Leases      Dispositions         2002
                                                         ----          ---------     --------------        ----
<S>                                                    <C>               <C>              <C>             <C>
Net investment in operating leases                     $ 1,835,915       $ (237,770)      $ (390,909)     $ 1,207,236
Net investment in direct financing leases                1,325,813          (27,573)               -        1,298,240
Initial direct costs, net of accumulated
   amortization of $111,629 in 2001 and
   $116,882 in 2002                                         18,387           (5,254)               -           13,133
Equipment held for lease                                         -                -                                 -
Reserve for losses                                        (584,871)               -                -         (584,871)
                                                  ----------------- ---------------- ---------------- ----------------
                                                       $ 2,595,244       $ (270,597)      $ (390,909)     $ 1,933,738
                                                  ================= ================ ================ ================
</TABLE>



                                        6
<PAGE>

                      ATEL CASH DISTRIBUTION FUND IV, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                                  JUNE 30, 2002
                                   (Unaudited)


3. Investments in leases (continued):

The  Partnership's  investment in property on operating  leases  consists of the
following:

<TABLE>
<CAPTION>
                                                                       Reclassifications &
                                 December 31,                     Dispositions       June 30,
                                     2001         1st Quarter      2nd Quarter         2002
                                     ----         -----------      -----------         ----
<S>                                <C>               <C>              <C>             <C>
Transportation                     $ 2,810,685       $ (615,914)      $ (109,859)     $ 2,084,912
Construction                         1,756,195                -                -        1,756,195
Manufacturing                          457,670                -                -          457,670
Materials handling                     318,012                -                -          318,012
                                --------------- ---------------- ---------------- ----------------
                                     5,342,562         (615,914)        (109,859)       4,616,789
Less accumulated depreciation       (3,506,647)         132,240          (35,146)      (3,409,553)
                                --------------- ---------------- ---------------- ----------------
                                   $ 1,835,915       $ (483,674)      $ (145,005)     $ 1,207,236
                                =============== ================ ================ ================
</TABLE>

All of the property on operating leases was acquired from 1992 through 1997.

At June 30, 2002, the aggregate  amounts of future minimum lease payments are as
follows:

<TABLE>
<CAPTION>
                                          Direct
                                        Financing        Operating          Total
<S>                                        <C>              <C>              <C>
Six months ending December 31, 2002        $ 453,000        $ 293,247        $ 746,247
      Year ending December 31, 2003          906,000          553,206        1,459,206
                               2004          595,199                -          595,199
                                      --------------- ---------------- ----------------
                                         $ 1,954,199        $ 846,453      $ 2,800,652
                                      =============== ================ ================
</TABLE>






                                        7
<PAGE>

                      ATEL CASH DISTRIBUTION FUND IV, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                                  JUNE 30, 2002
                                   (Unaudited)


4. Non-recourse debt:

Notes payable to financial  institutions are due in varying  monthly,  quarterly
and semi-annual installments of principal and interest. The notes are secured by
assignments  of lease  payments and pledges of the assets  which were  purchased
with the proceeds of the particular notes. Interest rates on the notes vary from
7.1% to 9.1%.

Future minimum principal payments of long-term  non-recourse debt as of June 30,
2002 are as follows:


<TABLE>
<CAPTION>
                                         Principal        Interest           Total

<S>                                          <C>               <C>            <C>
Six months ending December 31, 2002          $395,983          $ 7,044        $ 103,027
      Year ending December 31, 2002           106,480            2,861          109,341
                                       --------------- ---------------- ----------------
                                            $ 202,463          $ 9,905        $ 212,368
                                       =============== ================ ================
</TABLE>


5.  Related party transactions:

The terms of the  Agreement  of Limited  Partnership  provide  that the  General
Partners  and/or  Affiliates are entitled to receive  certain fees for equipment
acquisition, management and resale and for management of the Partnership.

The General Partners and/or  Affiliates  earned the following fees,  commissions
and reimbursements, pursuant to the Limited Partnership Agreement during the six
month periods ended June 30, 2002 and 2001 as follows :

                                              2002             2001
                                              ----             ----
Reimbursement of administrative costs          $ 135,666        $ 251,284

Incentive and equipment management fees                -                -
                                         ---------------- ----------------
                                               $ 135,666        $ 251,284
                                         ================ ================

Effective  January 1, 2001,  the  General  Partners  have  ceased  charging  the
Partnership any further fees.



                                        8
<PAGE>

                      ATEL CASH DISTRIBUTION FUND IV, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                                  JUNE 30, 2002
                                   (Unaudited)


6. Partner's capital:

The Fund is  authorized  to issue up to 7,500,000  Units of Limited  Partnership
interest in addition to the Initial Limited Partners.

The Fund's Net Profits,  Net Losses and Tax Credits are to be  allocated  99% to
the Limited Partners and 1% to the General Partners.

As more fully described in the Agreement of Limited Partnership,  available Cash
from  Operations  and Cash from Sales or  Refinancing  shall be  distributed  as
follows:

First,  5% of  Distributions  of Cash from  Operations to the General Partner as
Incentive Management Fees.

Second,  the balance to the Limited  Partners  until the Limited  Partners  have
received  aggregate  Distributions,  as  defined,  in an  amount  equal to their
Original  Invested  Capital,  as  defined,  plus  a  10%  per  annum  cumulative
(compounded daily) return on their Adjusted Invested Capital, as defined.

Third,  the General  Partner  will  receive as Incentive  Management  Fees,  the
following:

      (A) 10% of remaining Cash from Operations, as defined,

      (B) 15% of remaining Cash from Sales or Refinancing, as defined.

Fourth, the balance to the Limited Partners.


7. Subsequent event:

In July 2002,  the  Partnership  sold a significant  portion of its lease assets
prior to the maturity of the initial  lease terms.  The assets had been on lease
to Tarmac America, Inc. The information below summarizes the sales transactions.

        Original cost of equipment                       $ 1,730,181
        Net book value of assets at date of sale           $ 540,785
        Sales price                                        $ 665,542
        Non-recouse debt repaid at time of sale            $ 186,752
        Net cash received from sale                        $ 478,791
        Gain realized on sale                              $ 124,757






                                        9
<PAGE>

Item 2.               MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                      FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Capital Resources and Liquidity

Funds which have been  received,  but which have not yet been invested in leased
equipment, are invested in interest-bearing accounts or  high-quality/short-term
commercial paper.

The  Partnership's  primary source of liquidity  during 2002 were lease revenues
and proceeds  from the sales of lease assets.  The liquidity of the  Partnership
will vary in the future,  increasing to the extent cash flows from leases exceed
expenses, and decreasing as lease assets are acquired, as distributions are made
to the  limited  partners  and to the  extent  expenses  exceed  cash flows from
leases.

The Partnership currently has available adequate reserves to meet contingencies,
but in the event those  reserves were found to be  inadequate,  the  Partnership
would  likely be in a position to borrow  against its current  portfolio to meet
such  requirements.  The general  partner  envisions  no such  requirements  for
operating purposes.

As of June 30, 2002, the  Partnership  had borrowed  approximately  $38,342,000,
with a remaining  unpaid balance of $202,463.  Borrowings are to be non-recourse
to the  Partnership,  that is, the only  recourse  of the lender  will be to the
equipment or corresponding lease acquired or secured with the loan proceeds. The
general  partner  expects  that  aggregate  borrowings  in the  future  will  be
approximately  40% of aggregate  equipment cost. In any event,  the Agreement of
Limited  Partnership  limits  such  borrowings  to  40%  of the  total  cost  of
equipment, in aggregate.

No  commitments  of capital have been or are expected to be made. As of June 30,
2002, there were no such commitments.


If  inflation  in the general  economy  becomes  significant,  it may affect the
Partnership  inasmuch as the residual  (resale) values and rates on re-leases of
the  Partnership's  leased  assets may  increase as the costs of similar  assets
increase.  However,  the  Partnership's  revenues from existing leases would not
increase,  as such rates are generally fixed for the terms of the leases without
adjustment for inflation.

If interest rates increase  significantly,  the lease rates that the Partnership
can obtain on future  leases will be expected to increase as the cost of capital
is a significant  factor in the pricing of lease  financing.  Leases  already in
place, for the most part, would not be affected by changes in interest rates.


Cash Flows, 2002 vs. 2001:

Six months:

During  the first six  months of 2002 and 2001,  lease  rents  were the  primary
source of cash flows.

Cash flows from operations  decreased by $1,560,761,  from $2,031,080 in 2001 to
$470,319 in 2002.  Most of this decrease  relates to the  collection of accounts
receivable balances,  existing as of December 31, 2000, during the first half of
2001. The large accounts  receivable balance at December 31, 2000 related to the
sale of lease  assets  that  occurred  on that date.  The cash was  received  in
January 2001. There were no similar balances collected in 2002.

Sources of cash from investing  activities  consisted of proceeds from the sales
of  lease  assets  and  from  direct  financing  lease  rents  accounted  for as
reductions of the net  investment in such leases.  Proceeds from sales of assets
increased from $180,790 in 2001 to $401,040 in 2002.

                                       10
<PAGE>

In 2002 and 2001,  there were no sources of cash from financing  activities.  As
scheduled  debt payments  have been made over the last year,  debt balances have
been reduced.  As a result,  the amounts of cash used to make such debt payments
has  also  decreased.  The  Partnership  has  made no  distributions  from  2002
operations. The only distributions in 2002 were from 2001 operations (in January
2002). The fund is currently making  distributions only once a year based on the
amount of cash available.  The amount that was available at the end of 2001, was
less than in the prior year.  Because of this, the General Partner decreased the
amount of the distribution compared to the previous year.

Three months:

Lease rents were the primary  source of cash flows in the second quarter of 2002
and 2001.

Cash flows from  operations  have  decreased  by $73,138  ($354,510  in 2001 and
$281,372 in 2002).  Most of the  decrease  has come about  because of  decreased
collections  of lease rents in advance of the actual due dates for the  payments
(unearned lease revenues).  This results from the timing of the cash collections
rather than from decreases in revenues.

In 2002,  proceeds from lease assets sales were the most  significant  source of
cash from investing activities.  Proceeds from asset sales has decreased as most
of the  Partnership's  remaining  lease  assets  have  been  sold  over the last
eighteen  months.  Rents from direct  financing  leases also provided cash flows
from  investing  activities  but has decreased as a result of asset sales.  Such
rents were the primary source of cash from investing activities in 2001.

During the second quarter of 2002 and 2001,  there were no financing  sources of
cash.  Payments of non-recourse  debt and  distributions to the Limited Partners
decreased for the same reasons as noted above for the six month period.


Results of Operations

Operations  in the 2002  resulted  in net income of  $272,199  for the six month
period and $137,617 for the three month period.  Operations in 2001,  operations
resulted  in net income of $4,367 for the six month  period and  $15,873 for the
three month period.

Operating  lease  revenues  decreased by $11,862 for the six month period and by
$832 for the three month  period.  Revenues have declined as leases have matured
and as the  underlying  assets have been sold. The  Partnership's  investment in
lease assets has decreased from $3,720,468 at December 31, 2000 to $1,933,738 at
June 30, 2002. Most of the decrease has been as a result of sales of assets.  As
leases mature and the related  assets are sold,  lease  revenues are expected to
continue  to decline.  Gains and losses  from the sales of those  assets are not
expected to be consistent from one period to another.

The  Partnership's  operating  expenses  decreased by $138,100 for the six month
period and by $33,475 for the three month period.  Most of the decrease resulted
from decreased cost reimbursements paid to the General Partner.


                            PART II OTHER INFORMATION

Item 1.  LEGAL PROCEEDINGS.

No material legal  proceedings are currently  pending against the Partnership or
against any of its assets.



                                       11
<PAGE>

Quaker Coal Company

On December 31, 1997,  Quaker Coal Company,  one of the  Partnership's  lessees,
(the Debtor) requested a moratorium on lease payments from January through March
1998.  No lease  payments  were made by the lessee  through June 1998,  and as a
result,  the General Partner  declared the lease in default.  Subsequently,  the
lessee cured the outstanding payments and eventually satisfied substantially all
lease  payments due under the lease;  however,  the General  Partner  refused to
waive the default and insisted on contractual damages. The General Partner filed
a suit against the lessee for its contractual damages in the U.S. District Court
of Northern  California  (the  "Court").  On June 16, 2000, the lessee filed for
protection  under Chapter 11 of the U.S.  Bankruptcy  Code. The amounts of these
damages have not been included in the financial  statements  included in Part I,
Item 1 of this report.

The Partnership  obtained a stipulation for relief from the automatic bankruptcy
stay to allow the Court to issue its ruling,  and filed a request to participate
on the Official Committee of Unsecured Creditors in the bankruptcy  proceedings.
The Partnership  succeeded upon securing the return of its equipment,  which has
been  liquidated.  The  Court  issued a ruling  on March 4,  2001,  denying  the
Partnership's  claim for damages.  The Debtor subsequently filed a claim against
the Partnership,  for  reimbursement of its legal expenses.  The General Partner
believes  the Court's  decision is  erroneous  as a matter law, and has filed an
appeal of the decision in the U.S. District Court of Appeals.

The Debtor  filed a plan of  reorganization,  which was  objected  to by several
large  creditors,  including  the General  Partner.  These  creditors  were also
seeking a formal  role on the  creditors  committee  or  formation  of their own
committee.

Upon the termination of the Debtor's  exclusivity  period,  competing plans were
filed by other creditors to the plan, and voting on the competing plans occurred
October 8, 2001.  The results of the vote were that,  another of the  creditors,
American  Electric  Power's  ("AEP")  Plan of  Reorganization  ("AEP  Plan") was
successful.  Under the AEP Plan, the claim of the Partnerships has been assigned
to a  liquidating  trustee for  resolution  and  satisfaction  from the Debtor's
estate.

In January 2002,  ATEL attended an appellate  settlement  conference  seeking to
resolve  the  outstanding  disputed  claim.  A reserve has been set aside by the
liquidating trustee in the amount of $1.2 million in partial satisfaction of the
Company's claim, although this claim amount remains in dispute.  Currently,  the
likelihood  of recovery  of amounts  above the payment of the lease rent and the
liquidation of the equipment  already  received  remains  speculative and highly
uncertain.


Item 2. CHANGES IN SECURITIES.

         Inapplicable.

Item 3. DEFAULTS UPON SENIOR SECURITIES.

         Inapplicable.

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

         Inapplicable.

Item 5. OTHER INFORMATION.

         Inapplicable.



                                       12
<PAGE>

Item 6. EXHIBITS AND REPORTS ON FORM 8-K.

                   (a)Documents filed as a part of this report

                   1.  Financial Statements
                       Included in Part I of this report:
                       Balance Sheet, June 30, 2002
                       Income statements for the six and three month periods
                         ended June 30, 2002 and 2001.
                       Statement of changes in partners' equity for the six
                         months ended June 30, 2002.
                       Statements of cash flows for the six and three month
                         periods ended June 30, 2002 and 2001.
                       Notes to the Financial Statements.

                   2.  Financial Statement Schedules
                       All other schedules for which provision is made in the
                       applicable accounting regulations of the Securities and
                       Exchange Commission are not required under the related
                       instructions or are inapplicable, and therefore have been
                       omitted.

                   (b) Report on Form 8-K
                       None


                                       13
<PAGE>

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly report on Form 10QSB of ATEL Cash  Distribution
Fund IV, LP,  (the  "Partnership")  for the period  ended June 30, 2002 as filed
with the Securities and Exchange  Commission on the date hereof (the  "Report"),
and  pursuant  to 18  U.S.C.  ss.1350,  as  adopted  pursuant  to  ss.906 of the
Sarbanes-Oxley  Act of 2002, I, Dean L. Cash,  Chief  Executive  Officer of ATEL
Financial  Services,  LLC,  general partner of the  Partnership,  hereby certify
that:

         1.            The Report fully complies with the requirements of
                         section 13(a) or 15(d) of the Securities Exchange Act
                         of 1934 ; and

         2.            The information contained in the Report fairly presents,
                         in all material respects, the finanancial condition and
                         results of operations of the Partnership.


/s/ DEAN L. CASH
----------------------------------------------------
Dean L. Cash President and Chief Executive
Officer of General Partner
August 14, 2002

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly report on Form 10QSB of ATEL Cash  Distribution
Fund IV, LP,  (the  "Partnership")  for the period  ended June 30, 2002 as filed
with the Securities and Exchange  Commission on the date hereof (the  "Report"),
and  pursuant  to 18  U.S.C.  ss.1350,  as  adopted  pursuant  to  ss.906 of the
Sarbanes-Oxley  Act of 2002, I, Paritosh K. Choksi,  Chief Financial  Officer of
ATEL Financial Services, LLC, general partner of the Partnership, hereby certify
that:

         1.            The Report fully complies with the requirements of
                         section 13(a) or 15(d) of the Securities Exchange Act
                         of 1934 ; and

         2.            The information contained in the Report fairly presents,
                         in all material respects, the finanancial condition and
                         results of operations of the Partnership.


/s/ PARITOSH K. CHOKSI
-------------------------------------------------------------------
Paritosh K. Choksi Executive Vice President of General
Partner, Principal financial officer of registrant
August 14, 2002








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                                   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.

Date:
August 14, 2002

                            ATEL CASH DISTRIBUTION FUND IV, L.P.
                                       (Registrant)



              By: ATEL Financial Services, LLC
                  General Partner of Registrant




                                By:   /s/ DEAN L. CASH
                                      --------------------------------
                                      Dean L. Cash
                                      President and Chief
                                      Executive Officer of General
                                      Partner



              By: /s/ PARITOSH K. CHOKSI
                  -----------------------------------
                 Paritosh K. Choksi
                  Executive Vice President of
                  General Partner, Principal
                  financial officer of registrant



              By: /s/ DONALD E.  CARPENTER
                  ------------------------------------
                  Donald E.  Carpenter,
                  Principal accounting officer of
                  registrant






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