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Cash Management

Access to Capital and Credit

Work with your financial institution to ensure that all of your accounts and credit lines are tied into your cash management solution to facilitate easy money management, even as your business needs change. For example:

  • Line of credit. Linking your credit line to your other business accounts will ensure you have access to that money in times when you might run short of cash (slow or off-season period, for example).
  • Checking account. Tying your business checking to savings and investment accounts and credit lines allows you to sweep money out of your account to savings or an investment vehicle, and also allows you to have overdraft protection in the case of negative cash flow.
  • Automatic debt repayment. If you do access your business line of credit or overdraft protection, you want to be able to begin repaying those funds immediately and automatically.
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