Skip Navigation Download Adobe® Acrobat Reader to view Portable Document Format (PDF)
Cogent Bank

Learn more about Sweep Account

sweeping money with dustpan
Ensure your idle cash balances are systematically managed daily, maximizing available dollars for your business needs. A Line of Credit Sweep can be linked from your operating account to your loan. Save interest expense by using our automated systems to pay down your line every night with excess funds. And if you need money to fund your operating account – the sweep will transfer from your line of credit into your operating account. If you borrow from your line occasionally but at other times have excess funds to invest, we can provide a Dual Sweep, which will either pay down your line or transfer balances to your investment account.
 
  • Reduce borrowing costs
  • Increase interest income
  • Eliminate the need to make funds transfers