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                       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): May 9, 2006




                           CAPITAL LEASE FUNDING, INC.
             (Exact name of registrant as specified in its charter)


           Maryland                 1-32039                  52-2414533

 (State or other jurisdiction     (Commission             (I.R.S. Employer
      of incorporation)           File Number)           Identification No.)


  110 Maiden Lane, New York, NY                                10005

(Address of principal executive offices)                     (Zip Code)


       Registrant's telephone number, including area code: (212) 217-6300

         (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:

     [ ]  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))


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Item 2.02    Results of Operations and Financial Condition.

     This Current Report on Form 8-K and the earnings press release attached
hereto are being furnished by Capital Lease Funding, Inc. (the "Company")
insofar as they disclose historical information regarding the Company's results
of operations or financial condition for the quarter ended March 31, 2006.

     On May 9, 2006, the Company issued a press release announcing its financial
results for the quarter ended March 31, 2006. A copy of the press release is
attached as Exhibit 99.1 to this Current Report on Form 8-K.

     The information in this Current Report on Form 8-K, including Exhibit 99.1,
shall not be deemed "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
that section. The information in this Current Report shall not be incorporated
by reference into any filing or other document pursuant to the Securities Act of
1933, as amended, except as shall be expressly set forth by specific reference
in such filing or document.


Item 9.01    Financial Statements and Exhibits.

       (c) Exhibits

       Exhibit               Description
       -------               -----------

       99.1                  Press Release of Capital Lease Funding, Inc. dated
                             May 9, 2006



                                   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 hereunto duly authorized.

                                           CAPITAL LEASE FUNDING, INC.

                                           BY: /S/ PAUL C. HUGHES
                                               ---------------------------
                                               Paul C. Hughes
                                               Vice President, General Counsel
                                               and Corporate Secretary


DATE: May 9, 2006



                                  EXHIBIT INDEX


       Exhibit               Description
       -------               -----------

       99.1                  Press Release of Capital Lease Funding, Inc. dated
                             May 9, 2006