2009-11-10 17:37:10 -

Fitch Ratings rates GreatAmerica Leasing Receivables Funding, L.L.C., series 2009-1 as follows.

--$108,456,000 class A-1 'F1+';

--$70,496,000 class A-2 'AAA'; Outlook Stable;

--$190,784,000 class A-3 'AAA'; Outlook Stable;

--$49,051,000 class A-4 'AAA'; Outlook Stable;

--$19,965,000 class B 'AA'; Outlook Stable;

--$15,528,000 class C 'A'; Outlook Stable.

For more information, see the GreatAmerica Leasing Receivables Funding, L.L.C., Series 2009-1 presale report, available to all investors on Fitch's web site, ' www.fitchratings.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. '.

The above ratings reflect the application of Fitch's criteria 'Rating U.S. Equipment Lease and Loan Securitizations' dated June 16, 2008 and 'Global Structured Finance Rating Criteria' dated

Sept. 30, 2009.

Additional information is available at ' www.fitchratings.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. '.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS : cts.businesswire.com/ct/CT?id=smartlink&url=HTTP%3A%2F%2FFIT .. .

IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE ' WWW.FITCHRATINGS.COM : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2FWWW .. '.

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Fitch Ratings, ChicagoPeter Manofsky, +1-312-368-2068Du
Trieu, +1-312-368-2091Media Relations, New YorkSandro
Scenga, +1-212-908-0278 sandro.scenga@fitchratings.com : mailto:sandro.scenga@fitchratings.com