Cash Manager

The cash balances in your business account are automatically swept each day to pay down your revolving line of credit, saving you from paying unnecessary interest expense by reducing your principal balance when funds are received.

Once your revolving line of credit is paid to zero, the cash in your account is automatically swept into a Future Payment Fund account.

Cash Manager offers several solutions to accelerate availability of your funds and to make your accounts receivable and application processes more efficient.

By utilizing Cash Manager disbursement solutions, including check, ACH and wires, you get just-in-time funding of your payments from your Cash Manager account. Keeping your funds with us helps keep your loan balance lower and your investments working longer.

Cash Manager offers online reporting and reconciliation support to help simplify your administrative tasks. In addition to a daily account summary, you have online access to transaction details, including checks, ACHs and wires, as well as loan and investment activity.

The sweep of cash is both streamlined and automated so you don’t have to actively manage your accounts and move funds to keep your cash working optimally. While you remain in control of how your account balances are settled, Cash Manager makes your company more efficient by freeing precious staff time and resources.

Through Cash Manager, you will have a highly experienced team, who provide your business with reliable, high-quality service. This team consults with you on a customized solution and provides support for research and problem resolution.

AgWest cares about the security of our customers and offers fraud prevention services through Cash Manager to help mitigate risk:

• Payee Line Positive Pay gives you the ability to identify when a check has been directed to a different party than originally intended and stop payment immediately.
• Reverse Positive Pay allows you to manually review each check before clearing and stop payment before it leaves your account.