East West Bank 's Loan Sweep service allows you to set up an automatic sweep between your business checking account and your line of credit. Then, based on a target balance in your checking account that you determine, East West Bank automatically pays down your line of credit from the excess or advances you funds from your line of credit to meet daily cash needs.
Our Loan Sweep service allows you to save money on your interest, and at the same time never have to worry about overdraft fees on unexpected expenses you pay by check. It's a great way to reduce interest charges and enhances your debt and investment management. |
