Tag: Credit Products

How To Use A Cash Sweep For Term Loans

Products to Enhance Bank Performance

In the past, we talked about the fees, profit and risk profile of why banks should utilize an automated loan sweep (ALS) that moves excess funds to pay down the outstanding balance on revolving line of credit (HERE). In this article, we look at an equally overlooked derivation of the product where excess operating funds are used to pay down a term facility instead of balances on a revolving line of credit.

Subscribe to Tag: Credit Products