Cash Management Line of Credit Sweep Services
Automate transfers to meet daily cash needs
Smart Cash Management for Your Business
Since 1921, we’ve helped businesses succeed with personal service and smart solutions. Our Cash Management Line of Credit Sweep moves funds automatically between accounts, integrating with money market and zero balance accounts for easy efficiency.
How Our Sweep Services Help You
- Automated transfers eliminate manual cash management, saving you time
- Reduce interest expenses by paying down your line of credit automatically
- Maintain optimal balances while keeping funds available when needed
- Choose one-way or two-way sweep options based on your business needs
Perfect for Growing Businesses
- Seasonal businesses manage cash flow fluctuations with automated transfers
- Multi-location operations benefit from centralized cash management
- Service businesses maintain liquidity while reducing borrowing costs
- Retail operations optimize inventory financing with smart allocation
Flexible Sweep Solutions for You
One-Way Sweep
Excess funds automatically pay down your line of credit or transfer to your money market account.
Two-Way Sweep
Let Two‑Way Sweep manage excess and shortfall automatically.
Zero Balance Management
Centralize funds across multiple business account locations
Money Market Integration
Coordinate with business money market accounts for optimization
Why Choose Our Sweep Services
We’ll help you make the most of your money with a sweep solution built for your business. Together, we’ll set the right parameters to keep your accounts working smoothly and your cash flowing where it’s needed most.
How Our Sweep Services Work
Our automated system reviews your accounts daily, then moves funds based on the parameters you set. It’s cash management that works around the clock for your business.
Daily Balance Analysis
We review your account balances after final daily posting to identify transfer opportunities for your business.
Automated Fund Transfers
Funds move seamlessly between your accounts based on your customized thresholds and business priorities.
Detailed Reporting
Track all sweep activity through online banking with comprehensive reports and transaction summaries.
Ready to Optimize Your Cash Flow?
Join the businesses that trust Cape & Coast Bank for their Cash Management needs. Our experienced team will work with you to customize a sweep solution that fits your unique business requirements.
Cash Management Sweep FAQs
Get answers to common questions about our Cash Management Line of Credit Sweep services. Learn how automated transfers can benefit your business.
How does the sweep service work?
Our system automatically transfers funds between your checking account and sweep account based on preset parameters you choose for your business.
Can I set my own transfer amounts?
Yes, you can customize thresholds and transfer amounts based on your business needs. Our team will help you set optimal parameters for your cash flow.
How quickly can I access swept funds?
Funds are immediately available through your account.
Are there fees for sweep services?
Sweep services are typically included with our Cash Management accounts. Contact us for specific pricing based on your business banking relationship.
How do I track sweep activity?
All sweep transactions appear in your online banking and monthly statements. You’ll have complete visibility into transfers and account balances.