ADDENDUM TO BUSINESS FINANCING AGREEMENT AND AGREEMENT FOR WHOLESALE FINANCING

                  ADDENDUM TO BUSINESS FINANCING AGREEMENT AND

                        AGREEMENT FOR WHOLESALE FINANCING

     This  Addendum is made to (i) that  certain  Business  Financing  Agreement

executed on the 31st day August, 2000, between ePlus Technology, inc. ("Dealer")

and Deutsche Financial Services Corporation ("DFS"), as amended ("BFA") and (ii)

that certain  Agreement for  Wholesale  Financing  between  Dealer and DFS dated

August 31, 2000, as amended ("AWF").

     FOR VALUE  RECEIVED,  DFS and Dealer  agree as follows  (capitalized  terms

shall have the same meaning as defined in the BFA unless otherwise indicated):

     1. Section 2.1 of the BFA is hereby amended in its entirety as follows:

     2.1  Accounts Receivable Facility.  Subject to the terms of this Agreement,

          DFS agrees to provide to Dealer an  Accounts  Receivable  Facility  of

          FIVE MILLION DOLLARS ($5,000,000). DFS' decision to advance funds will

          not be binding until the funds are actually advanced.

     2. Section 7.1.1 of the BFA is hereby amended to read as follows:

          "7.1.1  Termination  Privilege.  Despite  anything to the  contrary in

          Section 7.1 of this  Agreement,  this  Agreement  may be terminated by

          Dealer at any time upon  ninety  (90) days  prior  written  notice and

          payment to DFS of the  following  sum (in  addition  to payment of all

          Obligations,  whether  or not by  their  terms  then  due)  which  sum

          represents liquidated damages for the loss of the bargain and not as a

          penalty,  and the  same  is  hereby  acknowledged  by  Dealer:  (i) if

          Dealer's termination occurs at any time from the date hereof up to and

          including the date preceding the first anniversary of the date hereof,

          the  sum  shall  equal   Ninety-Two   Thousand  Five  Hundred  Dollars

          ($92,500.00); and (ii) if Dealer's termination occurs at any time from

          the first  anniversary of the date hereof up to and including the date

          preceding the second anniversary of the the date hereof, the sum shall

          equal Forty-Six Thousand Two Hundred Fifty Dollars ($46,250,000). This

          sum will also be paid by Dealer if the  Agreement is terminated by DFS

          on  account  of  Dealer's  Default,  but shall not be  payable  if the

          Agreement is terminated by DFS absent a Default by Dealer."

     3.   The following  paragraph is incorporated  into the BFA as if fully and

          originally set forth therein:

          "Unused Line Fee. If, at any time from and after August 31, 2001,  the

          Average Loan Balance (as defined below) for any calendar month is less

          than Fifty  Percent  (50%) of the Accounts  Receivable  Facility  then

          Dealer agrees to pay DFS a monthly  unused line fee in an amount equal

          to fifteen  one  hundredths  of a percent  (0.15%)  of the  difference

          between  (a) the