Line of Credit Sweep
GBC Line of Credit Sweep automates your credit line payments and disbursements, eliminating the need to perform daily transfers so that your cash is always working for you and never idle. Automating credit line management will reduce interest expense and optimize funds availability allowing you to focus on managing your business. GBC credit sweep will monitor your daily cash needs and transfer funds into your business checking account as they are needed to cover daily disbursements or pay down credit line balances.
Features and Benefits
Automatically pay down line balance with excess funds
Set a target balance to maintain a minimum checking account balance
Eliminate the need for daily transfers
Reduce cash shortfalls and lost investment opportunities