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                                                                            2000
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-K
(Mark One)
 /X/        ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                  For the Fiscal Year Ended December 31, 2000

                                       OR

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

                        Commission file number 333-30207

                           Heller Funding Corporation
         (on behalf of Heller Equipment Asset Receivables Trust 1999-2)
             (Exact name of registrant as specified in its charter)

           Delaware                                  36-4165546
 (State or other jurisdiction of       (I.R.S. Employer Identification No.)
  incorporation or organization)

        500 West Monroe Street, Chicago, Illinois            60661
        (Address of principal executive offices)          (Zip Code)

       Registrant's telephone number, including area code: (312) 441-7246

       Securities registered pursuant to Section 12(b) of the Act: None.

       Securities registered pursuant to Section 12(g) of the Act: 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 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.  [  ].

      Aggregate market value of voting stock held by non-affiliates: None.

    Number of shares of Common Stock outstanding at December 31, 2000: None.
                   Documents incorporated by reference: None.
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PART I

ITEM 1. BUSINESS

     Not applicable.

ITEM 2. PROPERTIES

     The property of Heller Equipment Asset Receivables Trust 1999-2, a limited
purpose Delaware business trust (the "Trust"), consists primarily of (a) a pool
of contracts originated or acquired by Heller Financial, Inc. or its wholly-
owned subsidiary, Heller Financial Leasing, Inc., consisting of (i) conditional
sale agreements, promissory notes with related security agreements, finance
leases, installment payment agreements, and similar types of financing
agreements with end-users of printing, pre-press, machine tool, plastics,
computer hardware, computer software, restaurant, transportation, energy
related, medical, and industrial equipment, certain computer software and
related support and consulting services, together with certain rights of Heller
Financial, Inc. or Heller Financial Leasing, Inc. under finance program
agreements and assignments with vendors of financed equipment, as well as a
security interest in the equipment, and (ii) limited recourse contractual
payment obligations (which may take the form of promissory notes) payable by
vendors and secured by the vendor's interest in end-user contracts originated by
such vendor, and by the equipment related to such end-user contracts, and (b)
collections on such contracts due or received after December 14, 1999 or, in the
case of additional contracts or substitute contracts, their applicable cutoff
dates.

ITEM 3. LEGAL PROCEEDINGS

     There are no material pending legal proceedings with respect to the Trust
or the Registrant.

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

     None.

PART II

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

     Not applicable.

ITEM 6. SELECTED FINANCIAL DATA

     Not applicable.

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

     Not applicable.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

     Not applicable.
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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

     Not applicable.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE

     None.

PART III

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

     Not applicable.

ITEM 11. EXECUTIVE COMPENSATION

     Not applicable.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

     Not applicable.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     The Trust has no directors or officers, and neither the Trust nor the
Registrant is aware of any person or entity that beneficially owns in excess of
5% of any series of Notes.

PART IV

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

     (a)  Exhibits:
                   99.1   Annual Summary Statement
                   99.2   Annual Statement of Compliance

     (b)  Reports on Form 8-K

        The Registrant has filed Current Reports on Form 8-K with the Securities
and Exchange Commission dated January 14, 2000, February 14, 2000, March 14,
2000, April 14, 2000, May 15, 2000, June 14, 2000, July 14, 2000, August 14,
2000, September 14, 2000, October 16, 2000, November 14, 2000 and December 14,
2000.

     (c)  See (a) above.

     (d)  Not applicable.
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                                   SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, as amended, the Registrant has duly caused this report to
be signed on its behalf by the undersigned, hereunto duly authorized.

Dated:  March 30, 2001
        --------------
                                          HELLER FUNDING CORPORATION

                                          By:    /s/ Lauralee E. Martin
                                                 ------------------------------
                                                 Lauralee E. Martin
                                          Title: President (principal executive
                                                 officer) and Director


                                          By:    /s/ Lawrence G. Hund
                                                 ------------------------------
                                                 Lawrence G. Hund
                                          Title: Treasurer (principal financial
                                                 and accounting officer)


                                          By:    /s/ Anthony O'B Beirne
                                                 ------------------------------
                                                 Anthony O'B. Beirne
                                          Title: Executive Vice President,
                                                 Secretary and Director


                                          By:    /s/ David J. Friedman
                                                 ------------------------------
                                                 David J. Friedman
                                          Title: Director
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                                 EXHIBIT INDEX


Exhibit
Number    Document Description
------    --------------------

99.1      Annual Summary Statement
99.2      Annual Statement of Compliance