You're probably wondering what's involved in all this. It's very simple. Some companies arrange to have your daily credit card settlements directed and deposited into a "Corresponding Deposit Account" which they help you set up. The small remittance portion is deducted and directed to our account while the major portion of your net funds are deposited into your bank account. Most people that I've dealt with have been thankful that there are alternate ways to get quick cash and jump on an opportunity when there is only a small window and you need the money now!
"The Plate Lady" out of Livonia Michigan says she wouldn't know what to do if there wasn't a program like this. A program like this gets her through here slow season which is why she has been in business for 31 years at the same spot.