Credit Sweep.

A credit sweep is a financial arrangement in which a company's excess cash is used to pay down its outstanding debt. The excess cash is swept from the company's account on a regular basis and applied to the outstanding debt, which reduces the amount of interest that the company must pay. This arrangement can be beneficial for companies that have a large amount of debt and a significant amount of cash on hand.

What does sweep-in mean? Sweep-in is a type of financing arrangement in which the lender provides the borrower with funds in exchange for a percentage of the borrower's future sales. The borrower agrees to funnel all of their sales through the lender, who then takes their percentage and applies it towards the loan balance. This type of arrangement is typically used by businesses that have irregular or fluctuating sales, as it provides them with a more predictable source of funding.

What is DDA loan sweep?

The DDA loan sweep is a process whereby a company's loan is transferred from one lender to another in order to take advantage of lower interest rates. This process is typically initiated by the borrower, who contacts a number of lenders in order to find the best deal. The DDA loan sweep can be a time-consuming process, but it can save the borrower a significant amount of money in interest payments over the life of the loan. What is a 100% cash sweep? A 100% cash sweep is an arrangement in which all cash flows generated by a company are used to pay down debt. Any excess cash is either reinvested in the business or used to buy back shares. This type of arrangement is often put in place by companies that are heavily leveraged and are looking to reduce their debt levels.

What is a sweep in business? A sweep in business is when a company's cash is swept into a separate account each night. The cash is then used to pay down debt or to fund other activities. This can be a useful tool for companies who want to reduce their debt levels quickly, or who need to have a certain amount of cash on hand at all times.

What is pooling account?

A pooling account is an account that is used to hold securities or other assets that are being held in reserve for a specific purpose. For example, a pooling account may be used to hold shares of stock that are being held in reserve for a stock buyback program.