Investors are encouraged to read the Prospectus for ATEL 17, LLC (“the Fund”) carefully. This brochure constitutes neither an offer to sell nor a solicitation of an offer to buy the securities described herein. The offering is made only by means of the Prospectus which must accompany or precede this brochure. An investment in the Fund is not suitable for all investors. See the Prospectus under “Who Should Invest” for detailed information on applicable Fund and state suitability standards.

Risk Factors*A PURCHASE OF UNITS INVOLVES A RISK OF SUBSTANTIAL LOSS:

• Most of the Fund’s distributions will be, and most of the prior ATEL programs’ distributions have been, a return of capital

• Economicrecessionandchangesingeneraleconomicconditions,includingfluctuationsindemand for equipment, lease rates and interest rates may, and in certain past programs have, resulted in delays in investment and reinvestment, delays in leasing, re-leasing and disposition of its investments and reduced returns on invested capital

• TheFund’sperformanceissubjecttorisksrelatingtolesseeandborrowerdefaults

• TheFund’sperformanceissubjecttorisksrelatingtothevalueofitsinvestmentswhenitseekstosell them in its liquidation phase

• TheFundwillborrowtobuysomeofitsinvestmentsand,iftheFund’srevenuesareinsufficienttorepay borrowed funds, the Fund will incur a loss of assets used as collateral

• Nomarketexistsfortheunitsandinvestorsmaybeunable to sell their units or able to sell their units only at a significant discount

• ExceptasmaybesetforthinasupplementtotheProspectus,theFundhasnotspecifiedanyofits investments,soinvestorscannotevaluatetherisksorpotentialreturnsfromsuchinvestments

• InvestorsmustrelyonATELtomanagetheFund;theFundwillpayATELsubstantialfeeswhichmay result in conflicts of interest

• TheFunddoesnotguaranteeitsdistributionsorthereturnofinvestors’capital

• TheManagerwillbesubjecttocertainconflictsofinterest

• IftheFundreceivesonlytheminimumcapital,itwillbemoredifficulttodiversifyitsinvestmentportfolio

• InvestorsshouldconsideraninvestmentintheFundasalongterminvestment

• TheFundexpectstomakeitsfinaldistributionapproximatelytenorelevenyearsafterthetermination of the offering, however, there can be no assurance as to the final liquidation date

*For a discussion of these and other risk factors, see “Risk Factors”, page 4 of the ATEL 17 Prospectus.

Equipment lessees and manufacturers depicted and identified herein are from prior ATEL Funds. Although representative of the types of equipment, lessees and manufacturers intended to be in the Fund’s portfolio, investors in the Fund will not acquire an interest in any of the equipment or transactions described herein.

Please Note: There can be no assurance that the Fund’s stated objectives will be achieved. Equipment types,

lessees and manufacturers depicted and identified in this presentation are from prior ATEL programs. While

representative of the types of equipment, lessees, and manufacturers intended to be in the portfolio acquired

by the Fund, investors in the Fund will not acquire an interest in any of the prior program transactions and

there is no assurance as to the composition or diversification of the Fund’s portfolio.

ATEL 17 Objectives Include:

1.TaxAdvantagedCashFlow

Monthlydistributionsaretaxfree

2. Protection of Principal

Leases to high quality corporate credits

3.PassiveIncomeOffset-taxplanningtool

ATEL17isexpectedtogeneratepassivelossesinearlyyearsand ATEL17isexpectedtogeneratepassiveincomeinlateryears

4. Inflation and Interest Rate Hedge

Portfolio of equipment leases may protect against inflation and interest rate increases

5.NotCorrelatedtoTraditionalMarkets

ATEL17’svalueisnotexpectedtobeimpactedbymarketvolatility

The 5 reasons why you should consider ATEL 17

1.Tax Advantaged Cash Flow ObjectiveATEL17isadirectparticipationprogramthatisstructuredasapubliclyregisteredlimitedliabilitycompany(“LLC”)whichistaxedasapartnership.ThisuniquestructureallowsinvestorstoshareinATEL17’staxbenefits(depreciationdeductions)whilereceivingcashdistributionsthatshouldbetaxfree.*Notethatinvestorswillbeallocatedtheirproratasharesoftaxableincomeorlosseachyear.*The distributions during the operating period will be considered both a return on capital and a return of capital and are tax-free to the extent of an investor’s tax basis in ATEL 17

pursuant to section 731(a) of the Internal Revenue Code

Equipment Leases

Secured Financing

Senior Debt

Subordinate Debt

Preferred Equity

Equitylow

est

r

elat

ive

prio

rity o

f cre

dito

rs

hi

ghes

t

From 2007 through 2014 ATEL funded lease transactions generating approximately $500 million in lease payment

obligations... all of which were collected.

The graph to the right demonstrates the credit protection by asset class and ATEL 17’s level of priority with respect to other types of financing and/or investment. For example, leases have higher priority in a bankruptcyclaim than equity capital or secured debt. The reason is simple - the Fund owns the asset and if it is not paid on the lease, the asset must be returned. Furthermore, equipment leases may in many cases be among the first obligations to be paid because the equipment is necessary to operate the business. While there can be no guarantee that ATEL 17 will not be adversely affected by lease payment defaults, ATEL has been successful in limiting losses fromdefaults.For further informationon lease termobjectivessee pages 36 and 37 of the ATEL 17 Prospectus.

Note that past performance of prior ATEL programs is no guarantee of future results.

2.Protection of Principal Objective

2ATEL Securities Corporation

The 5 reasons why you should consider ATEL 17

ATEL 17’s objective is to provide its investors with a cash flow that is tax advantaged along with passive tax losses which can be used to offset passive income.

4.Potential Inflation and Interest Rate Hedge Themarketvalueofexisting, lowobsolescenceequipmenttendstoriseandfall inconjunctionwiththepricesofnewequipment.Shouldinflationincreasethecostofnewequipment,ittendstoalsocausethemarketvalueofusedequipmenttoincrease.Thisisoftenthecasefor assets that have low obsolescence as they retain their usefulness for longer periods. ATEL 17, similar to prior ATEL funds, will focus on lowobsolescenceequipment.*

Manyeconomistsandinvestorsareconcernedabouttheimpactaninterestrateincreasewouldhaveonthecreditmarkets.Theirfocusisonthefactthatinmostscenariosanincreaseinrateswillhaveanegativeeffectonfixedincomeportfolios.ATEL17mayprovideprotectionagainstthesenegativeeffects.ATEL’sleasesarerelativelyshort-term.Asaconsequence,ATELcanenternewleasingagreementsandadjustinterestchargesquicklytoreflectchangesindebtmarkets.*

Continued

3.Passive Income Offset - Tax Planning ToolFederalandstate incometax lawswillpermitATEL17 togenerate tax lossesdue todepreciationdeductionson theequipment itowns.BecausetheFundisstructuredasapartnership,thesenon-cashlossesareallocatedtotheinvestorandreportedontheirtaxreturns.Theselosses are defined as passive and can only offset passive income.

ATEL can be the P.A.L. to your P.I.G. Manyinvestorsownassetsthatgeneratepassiveactivityincome,theyareknownas PassiveIncomeGenerators(“P.I.G.”).P.I.G.’sareconsideredpassiveunderfederaltaxlawbecausethe investor is not considered to materially participate in the enterprise.

•P.I.G.’scanonlybeoffsetbyPassiveActivityLosses(“P.A.L.”).

•ATEL17isexpectedtogenerateP.A.L.’sinit’sfirst4-5years. Passivetaxableincomeisexpectedtobeallocatedtotheinvestorafterthisperiod.

*Note that past performance of prior ATEL programs is no guarantee of future results.

4ATEL Securities Corporation

The 5 reasons why you should consider ATEL 17

Note that past performance is no assurance of future results.

5.Not Correlated to Traditional Markets

Volatilityintraditionaldebtandequitymarketsisexpectedtohavelittle impact on the value of the Fund. The value of ATEL 17 will be based on its portfolio of assets as well as the rental stream from its leases.

ATEL’s prior leasing funds experienced no losses from defaults during the 2008 recession.

WHAT WE DO / WHY ITS GOOD FOR YOUATEL 17 is taxed as a partnership → TaxAdvantagedCashFlow

High quality corporate credits → Protection of Principal

Asset depreciation passed through to investors → Passive Income Offset

Backed by hard assets → Potential Inflation and Interest Rate Hedge

Investment portfolio of leased equipment → Non-Correlated Investment

A Summary of ATEL 17’s Objectives

5

ATEL Fund Characteristics

Cash Flow and Growth Through ReinvestmentAfter the Offering Stage and through the end of the 6 year Operating Stage, ATEL17mustmakedistributionstoinvestorsinamountsequaltoaminimumof 8% on invested capital before reinvesting in additional assets (the minimum can increase to 10% depending upon prevailing rates on U.S. Treasury Bonds).Inordertoreinvestandmaketheminimumdistributions,ATEL17willfocusonthefollowingthreeinvestmentstrategies;1)assetretention,2)creditquality and 3) diversification.

36% purchased

35% long term renewal

20% short term renewal

9% returned

(1)Asset RetentionATEL17’sprimarygoalthroughtheOperatingStageistohave the lessee renew the lease contract. The secondary objective would be to sell the leased equipment to thelessee at fair market value. A renewal increases theeconomic return of the portfolio for many reasons: first byextendingtherentalstreamandsecondbyhavingthelessee reimburse the Fund for depreciation multiple times. AsaleatfairmarketvalueprovidestheFundwithproceedsfor re-purchase. These economic returns help fund the continuous and uninterrupted distributions to our investors. The last “end of lease” alternative is where the equipment is returned to the ATEL Fund. Historically this has occurred less than 10% of the time. For further information on asset retentionpleaseseeExhibitAoftheATEL17Prospectus.

6

Asset retention history

(2)Excellent Credit QualitySinceformingitsfirstpublicleasingprogramin1986,ATEL’smanagementhasfocusedonleasing low technology, low obsolescence equipment to high quality corporate credits. We havestayedtruetothismodelthroughoutourhistory.ATEL’sinvestmentportfolioasrequiredbythetermsoftheFund’soperatingagreement,musthaveaminimumof75%ofitsportfolioleased to high quality corporate credits (please see page 34 of the Fund prospectus). Past performance is no guarantee of future results. However, our focus on high quality lessees withexcellentcreditratings,combinedwithourcomprehensivediversificationstrategy,hasresultedintheprior15ATELpublicleasingprogramsexperiencingtotallossesfromleasedefaultsequaltoanaverageofapproximately0.03%perannumofthetotalcostofassetsacquired. Our focus on credit quality helps to ensure continuous uninterrupted distributions to our investors.

(3)DiversificationThe criteria outlined in the ATEL 17 Prospectus is intended to diversify our portfolio by industry, geographic location, cost and equipment type. Our diversification strategy is intended to ensure continuous uninterrupted distributions to our investors. Please refer to pages 41 through 47 of the ATEL 17 Prospectus for a detailed discussion of our diversification strategy.

Offering Stage The funding period lasts up to 2 years. During this time ATEL 17 will offer its Units to the public. Initial portfolio investmentsareexpectedtobemadeandcashdistributions areexpectedtobeginpromptlyaftertheminimumfunding amount has been reached.

Operating StageThis stage lasts for 6 years following the Offering Stage. Excessoperatingrevenuesandproceedsfromborrowing maybeinvestedinadditionalequipmentsubjecttolease. Distributions during this stage will be considered both a returnoncapitalandareturnofcapitalandaretax-free totheextentofaninvestor’staxbasisinATEL17.Investors will be allocated their pro rata share of the Fund income or losses.

Liquidating StageDuringthisfinalstageoftheFund,nooperatingcashflowwillbeusedtomakenewequipment investmentswhileATELliquidatestheassetsoftheFund.Distributionsareexpectedtobepaidperiodically and to fluctuate based on renewals and asset dispositions. This period can last for 2 or more years.

7

ATEL 17 Life Cycle

ATEL Securities Corporation

2 years offering stage

6 years operating stage

2 or more years liquidation stage

A message to our investorsItiswithgreatprideandexcitementthatweintroducetoyouournewpublicequipmentleasingprogram, ATEL 17, LLC (“ATEL 17”). ATEL 17 will provide investors the opportunity to acquire an interest in a portfolio of equipment leased to a diverse group of high-quality corporate credits.

ATEL Capital Group celebrates its 39th year in the equipment leasing business in 2016. Our leasingexperienceandtheoutstandingdepthwithinouracquisitionandassetmanagementteams has provided ATEL long standing relationships with many top companies around the world. We are proud to say that many Fortune 500 corporations have selected ATEL as a preferred business partner.

ATELispleasedtoofferATEL17toyouthroughanextensivenetworkoffinancialplanningprofessionals encompassing many of the best known firms in America. We believe theinformation in this brochure will give you a better understanding of how we position our leasing funds for success.

In the face of unpredictable economic conditions, diversification is essential to maintaining a healthyandwell-balancedinvestmentportfolio.Whileallinvestmentsinvolvesomerisk,ATEL17 will offer you the opportunity to enhance the diversification of your investment portfolio while potentially reducing portfolio volatility.

We invite you to review this brochure and the ATEL 17, LLC Prospectus with your financial advisorandwelookforwardtohelpingyoureachyourfinancialgoals.

Yours truly,

Dean Cash Chairman & Chief Executive Officer, ATEL Capital GroupSan Francisco, CaliforniaJanuary, 2016

8ATEL Securities Corporation

How to invest: Owning a diversified investment portfolio across several asset classes is a proven investment strategy. However, it is imperative to note that no single investment category can continuously remain the best and no one can predict the top-performing asset class of the future.

Your financial advisor can help identify a variety of opportunities designed to match your personal investment goals. Utilizing asset allocationtechniques,youandyouradvisorcanselectawell-diversifiedportfoliodesignedtomaximizereturnandminimizerisk.

Since equipment leasing is available as an investment primarily to institutional investors, you can generally only access this opportunity throughaprogramsuchasATEL17,LLC,availableexclusivelythroughournationalnetworkoffinancialplanningprofessionals.

WearepleasedtoinviteyoutoinvestinATEL17,LLC.ParticipationintheFundoffersthepotentialfordiversificationandregular,taxadvantagedcashdistributions.*

*These are ATEL 17’s objectives. There can be no assurance as to the timing or amount of distributions. The tax benefit is achieved through depreciation deductions which may defer

federal and state tax liabilities.

We look forward to welcoming you to the ATEL family of funds.Please review the enclosed prospectus for complete details. When you are ready to finalize your investment in ATEL 17, LLC:

1. Complete the subscription agreement, initial and sign where indicated

2.Makeyourcheckpayableto“ATEL17,LLC”(seetheinstructionsduringtheescrowperiod)

3.YourFinancialConsultantwillfilloutSection7andconfirmtheaddressbeforemailinginyourcompletedsubscriptionofferandcheck

Asacomplimentaryservice,yourdistributioncheckscanbedirectedtomultipleaccountsandinvestmentplans.Weencourageyoutotakeadvantageofthisopportunitytohelpfurtherdiversifyyourinvestmentportfolio.

The Transamerica Pyramid • 600 Montgomery Street, 9th Floor • San Francisco, CA 94111-2711 • 800.543.2835 • www.ATEL.com

Equipment lessees and manufacturers depicted and identified herein are from prior ATEL Funds. Although representative of the types of equipment, lessees and manufacturersintendedtobeintheFund’sportfolio,investorsintheFundwillnotacquireaninterestinanyoftheequipmentortransactionsdescribedherein.

Member: FINRA • •

Over ATEL’s 38 years, we have developed trust and credibility

with many lessees that are leaders in their industries, including many

Fortune 500 firms.

We offer the utmost in customer service by providing

the resources, flexibility and creativity to meet the needs

of our customers.

ATEL has an experienced and stable management team with over 18 years average tenure with

ATEL and over 32 years average industry experience.

Our experience gives us an advantage structuring leases

that compete effectively against some of the world’s largest

financial institutions.

Why companies lease from ATEL