Automated Credit Sweep
Manage money with an automated solution that pays down or draws upon established lines of credit without manual intervention.
Automated Credit Sweep (ACS) provides money management in a convenient and easy to use cash management tool.
Designed for businesses with a frequent need to draw or have the ability to pay on their line of credit, ACS provides fully automated access to your business line of credit to reduce time spent on daily cash positioning—no need to determine whether to draw or pay since the system does it automatically.
Plus, ACS systematically draws and pays on the loan to ensure needed cash is accessible without paying excess borrowing costs. As long as funds are available for transfer, you’re covered.
If you’re looking for a way to reduce the balance on your loan and minimize interest costs easily and effectively, ACS is the perfect tool.