Our loan sweep service allows you to set up an automatic sweep between your business checking account and your business line of credit. Based on a predetermined target balance in your checking account, excess balances will automatically be moved to make payments toward your line of credit. Or, if your operating account needs additional funding, your line of credit will advance available funds to help settle transactions. Our loan sweep service will help you gain greater control of your cash position.
*Service available to only certain loan types. Please contact us for more information.