November 29, 2001


MBBRAMAR,  INC.
10780  Santa  Monica  Boulevard,  Suite  240
Los  Angeles,  CA  90025
Attn:  Sid  Rosenblatt

Dear  Mr.  Rosenblatt:

     This  will confirm our understanding concerning the proposed acquisition of
CardReady  International,  Inc.,  a  California  corporation  ("CardReady")  and
majority-owned subsidiary of MBBRAMAR, INC., a California corporation ("MBB") by
Single  Source  Financial  Services Corporation, a New York Corporation ("SSFS")
(the  "Transaction").  This  letter  does not contain all terms of the agreement
that  must  be  reached  in  order for the Transaction to be consummated, but is
intended  as  an  outline  of  certain  material  provisions  and  to  create an
irrevocable  option  in  favor  of  SSFS.  The terms of our understanding are as
follows:

     A.     MBB owns over 96% of the issued and outstanding voting securities of
CardReady,  including  options, warrants, and other instruments convertible into
voting  securities  (the  "CardReady  Shares").

     B.     MBB  is  controlled  by  certain individuals who are shareholders of
SSFS.

     C.     MBB  hereby  grants  to  SSFS  an  exclusive irrevocable option (the
"Option"),  exercisable  at  any time on thirty (30) days written notice (unless
extended  because of the requirements of the Securities and Exchange Commission,
SSFS'  principal exchange, or the corporate laws of the State of New York) for a
period  of  eighteen  (18) months from the date hereof (the "Option Period"), to
acquire  all  of the CardReady Shares, including any CardReady securities issued
to  MBB  between  the  date  hereof and the date of exercise of said option.  As
consideration  for  MBB  granting  SSFS  the  Option,  SSFS  agrees that if SSFS
exercises  the  Option  during the Option Period, the purchase price it will pay
for  the  CardReady Shares, plus any additional CardReady securities as outlined
above,  will  be equal to the value of CardReady as determined by an agreed-upon
third  party valuation (the "CardReady Value") divided by fifty percent (50%) of
the  lowest  closing  bid  price  for  SSFS  common stock during the thirty (30)
trading  days  prior  to  the  closing,  but in no event will the purchase price
exceed  thirty  million  (30,000,000)  shares  of  SSFS  (the  "SSFS  Shares").

     D.     As additional consideration for the grant of the Option, SSFS agrees
to, within ninety (90) days of the date of this agreement, loan to CardReady the
sum  of $500,000, payable in traunches as agreed between the parties, bearing no
interest  and  repayable in a balloon payment at the end of three (3) years from
the  date  hereof.

<PAGE>

     E.     The  SSFS Shares shall be restricted in accordance with Rule 144 and
will  carry  an  appropriate  restrictive legend, and will be further subject to
transfer  and  pledge  restrictions  as  set  forth  in  this  agreement.

     F.     The  SSFS  Shares  will  not  contain  registration  rights.
                                     ---

     G.     As  a material term of the Transaction, SSFS will acquire all of the
assets  of  CardReady  and  will  assume  all  of  the  debts and obligations of
CardReady  and  any  agreed-upon  debts  of  MBB.

     H.     For a period of three (3) years from the closing of the Transaction,
if  the closing bid price of SSFS common stock as quoted on its primary exchange
is  less  than  $1.00  per share for thirty (30) consecutive trading days, or if
SSFS  common stock is not listed for trading on any public exchange for a period
of thirty (30) consecutive trading days, or if the trading volume of SSFS common
stock  on  its  primary exchange is less than 250,000 shares per month for three
(3) consecutive full-calendar months, then MBB shall have the right, but not the
obligation,  to  purchase  the CardReady Shares back from SSFS for consideration
equal  to  the  SSFS  Shares  (as  adjusted  for  any  stock  splits  or
recapitalizations).

     I.     For a period of three (3) years from the closing of the Transaction,
if  CardReady  fails  for  a  period of thirty (30) consecutive business days to
maintain  a  relationship  with a back-end processor and a bank, then SSFS shall
have  the  right,  but not the obligation, to "put" the CardReady Shares back to
MBB for consideration equal to the SSFS Shares (as adjusted for any stock splits
or  recapitalizations).  MBB  agrees  that  it  will  not  assign,  transfer,
hypothecate, pledge, or otherwise encumber the SSFS Shares during this three (3)
year  period.

     J.     SSFS  will  maintain  from  the  date hereof until this agreement is
terminated  or  the end of the Option Period, out of its authorized but unissued
shares of common stock, that number of shares of common stock represented by the
SSFS  Shares.

     K.     Following  the  execution  of  this  agreement,  SSFS agrees to seek
shareholder  approval  of  the  Transactions  contemplated  hereby.  The parties
acknowledge  and  agree  that  although the Option can be exercised by SSFS, the
closing  of  the  Transaction  cannot  occur  until  it  is approved by the SSFS
shareholders.

     The  parties  agree  on  the  business day after this letter is executed to
issue  a  press  release  in  the  form  of  Exhibit  A  attached  hereto.

     Following  the date of exercise of the Option, the parties will cause their
respective  officers,  employees,  counsel,  agents,  investment  bankers,
accountants,  and  other representatives working on the Transaction to cooperate
with  each  other  with  respect  to  the  Transaction  until the Transaction is
consummated  or negotiations with respect thereto are terminated.  If MBB and/or
CardReady  do  not  conduct  the  business  and  operations  of CardReady in the
ordinary  course,  unless  consented  to  by  SSFS, then SSFS may terminate this
option  agreement  immediately,  in  its  sold  discretion.

<PAGE>

     Following  the  date  hereof,  MBB  and  CardReady  agree  that  until  the
Transaction  is consummated, or until termination of the Option, whichever shall
occur first, to conduct the business and operations of CardReady in all respects
only  in  the  ordinary course unless otherwise consented to in writing by SSFS.

     Following  the date hereof, the parties agree that until the Transaction is
consummated,  or  until  termination of the Option, whichever shall occur first,
each  party  will afford to the officers, employees, counsel, agents, investment
bankers,  accountants,  and  other representatives of the other party working on
the Transaction and lenders, investors, and prospective lenders and investors of
SSFS  free  and  full access to its plants, properties, books, and records, will
permit them to make extracts from and copies of such books and records, and will
from time to time furnish them with such additional financial and operating data
and  other  information  as  to  its financial condition, results of operations,
business, properties, assets, liabilities, or future prospects as they from time
to  time  may  request.  Each  party will cause its independent certified public
accountants  to  make available to the other party and its independent certified
public  accountant,  the  work  papers  relating  to  any audit of its financial
statements  in  the  last  five  years.

     Each  party shall insure that all confidential information which such party
or  any  of  its  respective  officers,  directors,  employees, counsel, agents,
investment  bankers,  or  accountants  and,  in  the  case of SSFS, its lenders,
investors,  or prospective lenders or investors may now possess or may hereafter
create  or  obtain  relating  to the financial condition, results of operations,
business,  properties,  assets,  liabilities,  or  future prospects of the other
party,  any  affiliate  of  the other party, or any customer of supplier of such
other  party  or  any  such affiliate shall not be published, disclosed, or made
accessible  by  any of them to any other person or entity at any time or used by
any  of them, in each case without the prior written consent of the other party;
provided, however, that the restrictions of this sentence shall not apply (a) as
may  otherwise  be  required  by  law, (b) as may be necessary or appropriate in
connection  with  the  enforcement  of  this  Agreement,  (c) to the extent such
information  shall  have otherwise become publicly available, or (d) as to SSFS,
to disclose by or on its behalf to lenders, investors, or prospective lenders or
investors  or to others whose consent may be required or desirable in connection
with  obtaining  the  financing  or  consents which are required or desirable to
consummate the Transaction.  Each party shall, and shall cause all of such other
persons  and  entities who received confidential data from it to, deliver to the
other  party all tangible evidence of such confidential information to which the
restrictions  of  the foregoing sentence apply at such time as negotiations with
respect  to  the  Transaction  are  terminated before the parties enter into any
formal  agreement  as  contemplated  by  this  letter  of  intent.

<PAGE>

     It  is  understood  that this is a binding letter of intent which creates a
legal obligation on behalf of the parties (including those obligations contained
in  this  paragraph  and  the  preceding  paragraph  of  this  letter,  and  the
obligations  contained  in the preceding paragraph and the last sentence of this
paragraph  shall  continue  to apply after the Option has expired).  This letter
may  not  be  assigned  by either of the parties hereto.  Neither party shall be
responsible for any of the other's expenses in connection with the negotiations,
documents,  or  transactions  contemplated  hereby.

     This  writing  constitutes the entire agreement between the parties.  There
are no covenants, conditions, or promises relating to the subject matter of this
agreement  which  are not contained herein.  This Agreement shall be governed by
and  construed  and  enforced  in  accordance  with  the  laws  of  the State of
California  (regardless  of that jurisdiction or any other jurisdiction's choice
of  law  principles).  To  the extent permitted by law, the parties hereto agree
that  all  actions  or  proceedings  arising  in  connection  herewith, shall be
litigated  in the state and federal courts located in the County of Los Angeles,
State  of  California,  and  each  party  hereby waives any right it may have to
assert  the doctrine of Forum Non Conveniens or to object to venue.  The parties
each hereby stipulate that the state and federal courts located in the County of
Los  Angeles,  State  of  California, shall have personal jurisdiction and venue
over  each  party for the purpose of litigating any such dispute, controversy or
proceeding  arising  out  of  or  related  to  this  Agreement.

     This  Agreement  shall  be  binding  upon  and  inure to the benefit of the
parties  and  their  respective  successors,  heirs and permitted assigns.  This
Agreement  may not be altered, modified, changed or discharged except in writing
signed  by  all  the parties.  If any one or more of the provisions (or any part
thereof) of this Agreement shall be held to be invalid, illegal or unenforceable
in  any  respect,  the  validity,  legality  and enforceability of the remaining
provisions  (or  any  part thereof) shall not in any way be affected or impaired
thereby.  Time  is  of  the essence in the performance of the obligations of the
parties in connection with this Agreement.  All parties shall cooperate fully in
carrying out the terms of this Agreement and shall prepare, execute, and deliver
all  documents  reasonably  necessary  to carry out the terms of this Agreement.

<PAGE>

     If this letter accurately reflects our understanding, please so indicate by
signing  the  original  and  duplicate  of  this  letter,  and returning a fully
executed  copy  to  me.


                         Very  truly  yours,

                         Single  Source  Financial  Services  Corporation
                         a  New  York  corporation

                         /s/ Arnold F. Sock
                         _________________________________
                         By:     Arnold F. Sock
                         Its:    President


Accepted  and  agreed  to:               Accepted  and  agreed  to:


MBBRAMAR,  INC.,                         CardReady  International,  Inc.,
a  California  corporation               a  California  corporation

/s/ Sid Rosenblatt                       /s/ Jim Burland
_________________________________        ______________________________
By:     Sid Rosenblatt                   By:     Jim Burland
Its:    President                        Its:    President
Dated:  12/3/2001                        Dated:  12/3/2001