Business Sweep Accounts
You work hard for your money. You should have it work hard for you. With a Sweep Account, you can have surplus balances in your Lowell Five accounts automatically moved to another Lowell Five account based on your businesses long-term or short-term goals. It’s as easy as “set it and forget it.”
Ways to Use A Sweep Account
- Protect the target balance in your Lowell Five Business Checking Account to cover outstanding payments
- Move surplus balances to interest-bearing accounts
- Pay down your Lowell Five Business Banking Line of Credit
Contact us today to make an appointment to discuss your specific business needs and goals and set up a Sweep Account today.