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     Home  /  Small Business  /  Cash Management

How frustrating is it that when your business is cash rich you can't easily put that money to good use - paying down your line or earning interest? Northway can help. With our automatic sweep service, instead of sitting idle, your excess funds over a predetermined target are automatically transferred into interest-earning repurchase agreements* at the end of each day. When your checking account falls below the target balance, the invested funds are automatically transferred back.

Excess checking funds also can be used to pay down your credit line, keeping interest expense to a minimum.

Click here to request more information.

*Please note that repurchase agreements are secured by U.S. government securities and are not bank deposits. Consequently, they are not FDIC insured and may lose value. Not insured by any federal government agency. Not guaranteed by the bank.

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