Cash Flow Management

Consolidate balances from multiple sub-accounts into a single master account, and segregate the collection and disbursement of cash with a Zero Balance Account. 

Benefits

• Eliminates daily monitoring of various accounts 
• Eliminates the necessity of making repeated transfers between accounts
• Establish accounts solely for accounting or general ledger reporting to ensure “idle funds” do not remain in the account after daily posting

Maximize the value of your Business Checking Account with an Investment Sweep that automatically invests excess funds overnight! Don't worry, you can always move the funds back into the checking account to cover presented payments, but why not earn a little extra in the meantime?

Investment Sweep Options

• Repurchase Agreement Sweep

Benefits

• Competitive yields
• Earn interest on idle cash
• Repurchase Agreements backed by U.S. government securities

Set a designated target balance for your Business Checking Account, and use your excess funds to pay down short-term borrowings on a line of credit. If the funds in the checking account are less than the target balance, there will be a drawdown on the line of credit availability to pay the presented payables.

Benefits

• Minimizes interest expense on your line of credit and overdraft fees
• Automated process saves time and effort

Get the best of both sweep services. Based on your established target balance, our dual sweep service uses any excess balances from your Business Checking account to pay down your outstanding loan balances! Don't have an outstanding loan balance?  Excess funds will be swept to your Repurchase Investment account. If there is a deficient balance in your Business Checking account, funds will be advanced from your Line of Credit or invested funds will be liquidated to bring your Business Checking balance up to the established target balance.