Automate your daily cash management decisions. We'll monitor your account balances daily and transfer funds where they'll do the most good.
An automated investment sweep1 links your business checking account with an overnight investment option, allowing you to minimize the idle cash balances in your checking account and potentially maximize the return you earn on excess funds invested. Take advantage of:
- Greater return potential
- Liquidity if your funds ever fall below your target balance; money is automatically transferred back from the investment account to your checking account
- Added convenience with transfers that are automated between your business checking account and investment account, which provides better cash management
Line of Credit Sweep
A loan sweep offers maximum use of funds by linking your line of credit2 to your business checking account. Transfers are automatically initiated and advanced from the line of credit (LOC) to cover insufficient funds when needed. A loan sweep will also automatically pay down the LOC balance when excess collected funds exist.
1 Investments are not insured by the FDIC, are not deposits of the bank and are subject to investment risks, including possible loss of principal
2 Subject to credit approval
Zero Balance Accounts (ZBA)
Eliminate excess balances in separate accounts by using Umpqua's ZBA service. It provides an easy, fully automated way to separate specialized disbursement or depository activity into distinct sub-accounts while retaining cash in a single master operating account.