SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20579



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                                    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): 08/15/2002


                GREATAMERICA LEASING RECEIVABLES 2002-1, L.L.C.,
            (as issuer under the Indenture dated as of March 1, 2002,
              which issued Receivable-Backed Notes, Series 2002-1)


                 GREATAMERICA LEASING RECEIVABLES 2002-1, L.L.C.
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             (Exact name of registrant as specified in its charter)


      Delaware                    333-70892                   42-1525285
  ------------------          -----------------        -----------------------
  (State of other                (Commission                (IRS Employer
  jurisdiction of                File Number)             Identification No.)
   incorporation)



 625 First Street SE, Suite 601                                  52401
  Cedar Rapids, Iowa                                       ----------------
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(Address of principal executive offices)                       (Zip Code)


Registrant's telephone number, including area code:  (319) 366-7577






ITEM 5. OTHER EVENTS

     In accordance with the Transfer and Servicing Agreement dated as of March
1, 2002 among the Registrant, GreatAmerica Leasing Corporation and The Chase
Manhattan Bank, N.A., the Registrant has caused to be filed with the Commission,
attached hereto as Exhibit 99.1, the Monthly Report dated August 15, 2002. The
Monthly Report is filed pursuant to and in accordance with (1) numerous
no-action letters (2) current Commission policy in the area.


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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

          (a)  Financial Statements.

               Not  Applicable.

          (b)  Pro Forma Financial Information.

               Not  Applicable.

          (c)  Exhibits.

               99.1 Monthly Reports.



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                                    SIGNATURE

     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.


                                          GREATAMERICA LEASING RECEIVABLES,
                                            2002-1, L.L.C.



Date:  August 15, 2002                      By: /s/ Brett Steffen
                                                --------------------
                                            Name:  Brett Steffen
                                            Title: Treasurer


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                                  EXHIBIT INDEX


        EXHIBIT                                          DESCRIPTION

          99.1                                         Monthly Reports




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