- -------------------------------------------------------------------------------- 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) March 20, 2006 Advanta Business Receivables Corp., as Transferor on behalf of Advanta Business Card Master Trust (Exact Name of Registrant as Specified in Charter) Nevada 333-32874 23-2852207 - ---------------------------- ----------------- ---------------------------- (State or Other Jurisdiction (Commission File (IRS Employer of Incorporation) Number) Identification Number) Advanta Business Receivables Corp. ------------------------------------------------------------ (Exact Name of Registrant as Specified in Charter) Nevada 333-32874 23-2852207 - ---------------------------- ----------------- ---------------------------- (State or Other Jurisdiction (Commission File (IRS Employer of Incorporation) Number) Identification Number) 2215 B Renaissance Drive Suite 5 Las Vegas, Nevada 89119 - ------------------------------------------ ----------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (702) 966-4246 (Former name or former address, if changed since last report) - -------------------------------------------------------------------------------- Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) - -------------------------------------------------------------------------------- Item 8.01. Other Events Defined terms used in this 8-K but not defined herein have the meanings ascribed to them in Advanta Business Card Master Trust Master Indenture or the applicable Indenture Supplement. The Series 2003-B Reserve Account Funding Date has been postponed as a result of the postponement of the beginning of the Controlled Accumulation Period pursuant to the terms of the Series 2003-B Indenture Supplement. The Reserve Account Funding Date began on the February 2006 Payment Date and the Controlled Accumulation Period is expected to begin at the close of business on March 31, 2006. The Series 2003-D Controlled Accumulation Period and Reserve Account Funding Date have been postponed pursuant to the terms of the Series 2003-D Indenture Supplement. The Reserve Account Funding Date is expected to begin on the July 2006 Payment Date and the Controlled Accumulation Period is expected to begin at the close of business on August 31, 2006. Item 9.01. Financial Statements and Exhibits The following exhibit is furnished herewith: 21 Monthly Servicer's Certificate issued on March 20, 2006 for the Monthly Period of February 1, 2006 through February 28, 2006, relating to the Series 2001-A, 2003-B, 2003-D and AdvantaSeries Asset Backed Notes, prepared by the Servicer and sent to the Indenture Trustee pursuant to Article V of the Series 2001-A, 2003-B, 2003-D and AdvantaSeries Indenture Supplements dated as of April 1, 2001, June 1, 2003, December 1, 2003 and November 1, 2004 respectively. 3 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. ADVANTA BUSINESS CARD MASTER TRUST By: Advanta Bank Corp., as attorney-in-fact By: /s/ Michael Coco ---------------------------------------- Name: Michael Coco Title: Vice President and Treasurer ADVANTA BUSINESS RECEIVABLES CORP. By: /s/ Susan A. McVeigh ---------------------------------------- Name: Susan A. McVeigh Title: Vice President and Treasurer Dated: March 20, 2006 Exhibit Index Exhibit No. Page - ----------- ---- 21.1 Monthly Servicer's Certificate dated March 20 2006 prepared by the Servicer and sent to the Indenture Trustee pursuant to Article V of the Series 2001-A, 2003-B, 2003-D and AdvantaSeries Indenture Supplements covering the Monthly Period of February 1, 2006 through February 28, 2006. 5