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: October 15, 2001
                                         ----------------
                        (Date of earliest event reported)


                           HELLER FUNDING CORPORATION
                           --------------------------
                 HELLER EQUIPMENT ASSET RECEIVABLES TRUST 1999-2
                 -----------------------------------------------
             (Exact name of registrant as specified in its charter)


                                    Delaware
                                    --------
                 (State or other jurisdiction of incorporation)

           333-30207-02                               36-4165546
           ------------                               ----------
     (Commission File Number)            (IRS Employer Identification Number)


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


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



Item 5.  Other Events
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Attached, for the Distribution Date of October15, 2001, is the Monthly Report,
filed as Exhibit 99.

Item 7.  Financial Statements and Exhibits
-------  ---------------------------------

(c)  Exhibits

99   Heller Funding Corporation - Monthly Report for the Distribution Date of
     October 15, 2001.

                                    SIGNATURE

     Pursuant to the requirements 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: October 29, 2001
       ----------------

                                HELLER FUNDING CORPORATION

                                By:     /s/ Carol J. Radtke
                                       ---------------------------
                                       Carol J. Radtke
                                Title: Vice President



                                  EXHIBIT INDEX

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

  99       Heller Funding Corporation - Monthly Report for the Distribution Date
           of October 15, 2001.