
		Wachovia SBA Lending, Inc. Series 1999-1 Servicer’s Certificate		Record Date: 09/30/2004 Determination Date: 10/12/2004 Distribution Date: 10/15/2004


				Original		Beginning								Total Class				Ending
	Certificate			Certificate		Certificate						Liquidated		Principal		Total		Certificate
Class	Rate			Balance		Balance		Interest		Principal		Losses		Distribution		Distribution		Balance
A		2.0500	%		94,012,000.00		37,188,272.82		60,958.78		340,709.28		0.00		340,709.28		401,668.06		36,847,563.54
Factors per Thousand									0.64841488		3.62410416				3.62410416		4.27251904		391.94532124
M		2.5700	%		2,888,000.00		1,140,517.59		2,343.75		10,477.72		0.00		10,477.72		12,821.47		1,130,039.87
Factors per Thousand									0.81154778		3.62801939				3.62801939		4.43956717		391.28804363
B		3.5500	%		4,189,247.00		1,659,674.62		4,711.16		15,167.06		0.00		15,167.06		19,878.22		1,644,507.56
Factors per Thousand									1.12458396		3.62047404				3.62047404		4.74505800		392.55445191

*Pool*					101,089,247.00		39,988,465.03		68,013.69		366,354.06		0.00		366,354.06		434,367.75		39,622,110.97
*Totals*									0.67280836		3.62406557				3.62406557		4.29687393		391.95178662

Certificate Information


			Interest			Adjusted
			Distribution			Interest
	Accrued		Amount			Distribution		Remittance			Shortfall
Class	Interest		Adjustment			Amount		Rate			Amounts
A		63,530.10		(2,571.32	)		60,958.78		2.0500	%		0.00
M		2,442.60		(98.85	)		2,343.75		2.5700	%		0.00
B		4,909.80		(198.64	)		4,711.16		3.5500	%		0.00


HSBC Bank USA Issuer Services 10 East 40th Street, 14th Floor New York, NY 10016-0200		Susie Moy Phone: 212-525-1362 Fax: 212-525-1300


		Wachovia SBA Lending, Inc. Series 1999-1 Servicer’s Certificate		Record Date: 09/30/2004 Determination Date: 10/12/2004 Distribution Date: 10/15/2004

Schedule of Remittance


Aggregate Amount Received	616,192.29
Amount Available in the Spread Account	1,757,641.28
Interest Earnings on Spread Account	1,233.75
Letter of Credit Available Amount	5,515,071.56
Monthly Advances	0.00
(Servicing Fee) *	(38,562.19	)
(Premium Protection Fee)	(37,903.20	)
(Unreimbursed Monthly Advances)	0.00

*Available Funds*	7,813,673.49

Bond Interest Distributed	68,013.69
Bond Principal Distributed	366,354.06
Escrow Fee	1,999.42
Specified Spread Account Requirement	1,757,641.28
Letter of Credit Available Amount	5,515,071.56
(Required for Spread Account)	0.00
Spread Excess Distributed to Spread Acct Depositor	104,593.48

	7,813,673.49

In the calculation of Servicing Fee, the Company computes the amount based upon the product of the total interest collected and the ratio of the Servicing Fee rate as specified in the Agreement over the prior month weighted average customer rate.

Collateral Information


Aggregate Beginning Principal Balance of Loans			39,988,465.03
Aggregate Ending Principal Balance of Loans			39,622,110.97
Principal Prepayments (Number / Amount)	2		73,675.15
Curtailments			0.00
Excess and Monthly Payments			218,370.72
Recoveries on Previous Realized Losses			29,434.76
Interest Received			294,711.66
Amount of Monthly Advance			0.00
Compensating Interest			69.36
Liquidated Losses (Current / Cumulative)	0.00		2,996,765.93
Delinquent 24 mos or Uncollectible (Current / Cumulative)	74,308.19		8,497,704.43
Specified Spread Account Requirement			1,757,641.28
Transfer from Spread Account to Certificate Account			0.00
Amount on Deposit in Spread Account after all required transfers			1,862,234.76
LOC Available Amount as a percentage of Pool Principal Balance			13.92	%
Excess Spread / Extra Interest	64,721.50		121,398.30
Weighted Average SBA Loan Interest Rate			6.1428	%
Weighted Average Maturity			175.562
Servicer Withdrawals from Principal and Interest Account
Accrued Unpaid Servicing Fees		$	0.00
Unreimbursed Monthly / Servicing Advances		$	0.00
Investment Earnings on Permitted Instruments		$	0.00
Funds deposted in the account in error		$	0.00
Servicing Compensation (paid prior month)		$	38,850.51


HSBC Bank USA Issuer Services 10 East 40th Street, 14th Floor New York, NY 10016-0200		Susie Moy Phone: 212-525-1362 Fax: 212-525-1300


		Wachovia SBA Lending, Inc. Series 1999-1 Servicer’s Certificate		Record Date: 09/30/2004 Determination Date: 10/12/2004 Distribution Date: 10/15/2004

Exhibit K


Outstanding Balance - Pool			39,622,110.97
# Accounts			307


Outstanding Balance - Gross			114,501,263.45
# Accounts			307


Delinquent Information	# Loans		Pool Amount		Pool %
Delinquent 1-29 Days		138		18,784,565.88		47.409	%
Delinquent 30-59 Days		5		432,243.98		1.091	%
Delinquent 60-89 Days		2		144,820.19		0.366	%
Delinquent 90-179		1		46,975.41		0.119	%
Delinquent 180-719		1		74,789.13		0.189	%
Delinquent 720 and Over		0		0.00		0.000	%
Loans in Foreclosure		0		0.00		0.000	%
REO Property		0		0.00		0.000	%

Totals		147		19,483,394.59		49.174	%


Delinquent Information	# Loans		Gross Amount		Gross %
Delinquent 1-29 Days		138		52,777,290.38		46.093	%
Delinquent 30-59 Days		5		1,422,338.76		1.242	%
Delinquent 60-89 Days		2		579,280.34		0.506	%
Delinquent 90-179		1		187,901.38		0.164	%
Delinquent 180-719		1		299,156.33		0.261	%
Delinquent 720 and Over		0		0.00		0.000	%
Loans in Foreclosure		0		0.00		0.000	%
REO Property		0		0.00		0.000	%

Totals		147		55,265,967.19		48.266	%


HSBC Bank USA Issuer Services 10 East 40th Street, 14th Floor New York, NY 10016-0200		Susie Moy Phone: 212-525-1362 Fax: 212-525-1300


		Wachovia SBA Lending, Inc. Series 1999-1 Servicer’s Certificate		Record Date: 09/30/2004 Determination Date: 10/12/2004 Distribution Date: 10/15/2004

Series 1999-1

The following additional information, presented in dollars, pursuant to Section 6.09 subclauses (ii), (iii), (iv), (v), (x) and (xii), is provided for each Class per $1,000 original dollar amount as of the Cut-off date.


Sub-Clause	Class A		Class M		Class B		Pool
(ii)		396		395		396		396
(iii)		0		0		0		1
(iv)		0		0		0		0
(v)		0		0		0		2
(x) (a&b) (i)		1		1		1		1
(ii)		0		0		0		0
(iii)		0		0		0		0
total		1		1		1		1
(x) (c&d) (i)		4		4		4		4
(ii)		0		0		0		0
(iii)		0		0		0		0
(iv)		0		0		0		0
(v)		1		1		1		1
(vi)		0		0		0		0
(vii)		0		0		0		0
total		4		4		4		4
(xii)		392		391		393		392


HSBC Bank USA Issuer Services 10 East 40th Street, 14th Floor New York, NY 10016-0200		Susie Moy Phone: 212-525-1362 Fax: 212-525-1300


		Wachovia SBA Lending, Inc. Series 1999-1 Servicer’s Certificate		Record Date: 09/30/2004 Determination Date: 10/12/2004 Distribution Date: 10/15/2004

I, Stephanie Hartson, Assistant Vice President, represent that Wachovia SBA Lending, Inc., complied with section 6.09 of the Pooling and Servicing Agreement dated February 28, 1999 pertaining to Series 1999-1 in preparing the accompanying Servicer’s Certificate.

Wachovia SBA Lending, Inc.

By: /s/ Stephanie Hartson

Name: Stephanie Hartson
Title: Assistant Vice President


HSBC Bank USA Issuer Services 10 East 40th Street, 14th Floor New York, NY 10016-0200		Susie Moy Phone: 212-525-1362 Fax: 212-525-1300

MONEY STORE INVESTMENT CORP 8-K