Line of Credit Sweeps

Credit Sweeps

To ensure your line of credit is paid down at regular intervals, credit sweeps can be a helpful tool. Credit sweeps automatically transfer any idle or excess cash in your account to your credit line.

• Loan Pay Down – set amount is transferred at the end of each business day from your account to your credit line. You can adjust the daily amount as needed.
• Two-way Loan-sweep – create a designated balance in your checking account. When it falls below the target balance, it will sweep from your line of credit to your checking account or vice versa.

Subject to Sunwest Bank’s Standard Approval and Underwriting Guidelines