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12-01-2012, 02:15 PM #1Member
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so all the credit card sales go into the lockbox but the lender ends up taking a fixed dollar amount? what happens if the deposits are less than the fixed dollar amount? this doesn't make much sense to me.
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12-02-2012, 09:55 AM #2Senior Member
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Ondeck usually has a reserve they keep in the lockbox ($1000-$2000). I assume that covers any days the deposits are less than the fixed repayments.
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