Loan Sweep Service

Respond to cash flow needs immediately and automatically.

Broadway's Loan Sweep Service allows you access to your line of credit while automatically minimizing short-term borrowing costs. Specify your primary deposit account's target balance and establish a line of credit with our Commercial Lending department. We do the rest! Based on each day's account activity, we automatically transfer funds to or from an existing line of credit.

Contact Us

Business owner reviewing her accounts and sweeps on computer

The benefits of Loan Sweep

  • Eliminate overdrafts. Have funds automatically swept from your Line of Credit to checking as needed.
  • Minimize borrowing costs. Pay the Line of Credit automatically as your deposit balances dictate.
  • Increase efficiency. The automated sweep system means less staff time spent monitoring, handling and forecasting your daily cash position.


How does Loan Sweep work?

  1. Specify your desired "target" balance for your primary deposit account (DDA).
  2. Broadway links your DDA to your existing Line of Credit.
  3. At the end-of-posting daily, we automatically make transfers to meet the DDA’s target balance.

Hispanic business owner reviewing computer while on her phone

Contact Treasury Solutions

Two business professionals look at a laptop together

Contact our Treasury Solutions team today to see how you will benefit from modern banking that’s locally sourced and personally delivered.

Contact Treasury Solutions

Easy Solutions

With business operating accounts, payroll processing, credit cards, lines of credit and equipment loans, we have what it takes to move your business forward.

Local Decision Making

As a regional, independent bank with deep ties in the community, our bankers have an understanding of this market and know how to position you for success.

Experienced Partner

Success lies between knowing you have the personal touch of a small bank paired with the expertise of a Wall Street titan. As the region’s largest and strongest independent bank you get the best of both.

A separate agreement and fees may apply.

Login

Personal Banking

Everything you’d expect from a modern bank, but locally sourced and personally delivered.

Learn More

Business Banking

Financial solutions unique to your business.

Learn More

Commercial Banking

Let our local expertise guide your growth.

Learn More

Wealth Management

Let us help you grow your legacy.

Learn More

Private Banking

Customized lending solutions and a dedicated banker.

Learn More

Broadway Wealth Solutions, Inc.

Build and retain your wealth.

Contact Us

Insight Digital

Take control of your financial future.

Start Today