AgSweep

A simple and safe method of increasing your company's earnings, AgSweep allows you to minimize excess balances and maximize your return on available funds. Sweep accounts are beneficial for borrowers who have a high cash turnover and daily cash needs. With AgSweep, you can link your revolving line of credit (RLOC) loan to your Wells Fargo Bank checking account. Funds are automatically advanced from a line of credit when the commercial checking account falls below the target balance. When excess funds are available in the checking account, the funds are swept and applied to the outstanding balance of the line of credit.

AgSweep spares you the daily task of estimating your cash position, ensuring that your money achieves its maximum return on any given day. Contact us today and find out how AgSweep can work for you.

With AgSweep, you can:

  • Save time and money
  • Accurately assess your cash position each day
  • Initiate automatic transactions on a same-day basis for maximum precision
  • Reduce your interest expense
  • Eliminate expensive wire transfers
  • Make your money work for you by investing idle funds

 

The Farm Credit Advantage

Low rates, friendly service and the most knowledgeable staff around regarding rural lending - that's the Farm Credit advantage.

We are with you every step of the way throughout the lending process. From small tracts to large tracts, new construction to renovations, lot purchase to recreational properties – Farm Credit can do it all.

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