Business Sweeps

40% of small businesses are profitable, 30% break even, and 30% are continually losing money. Of the businesses that fail, 82% do so because of cash flow problems.

Small Business Trends

Put your money to work with a First Bank Business Sweep that ties together your checking, savings and money market accounts.

Why a First Bank Business Sweep

Maximize every penny you have available with our Business Sweep. Balances that would otherwise be idle are automatically swept to interest-bearing accounts when not in use and swept back when they are needed. Collected funds are transferred daily to or from your master account, while maintaining a target balance in one or more of your sweep accounts.

A First Bank Business Sweep puts you in control

Eliminate the need to initiate manual transfers.
Reduce administrative time and costs in monitoring daily cash positions.
Maintain separate bank accounts for multiple purposes such as accounting or auditing.
Automatically move funds between one or more accounts or subsidiary.
Provides a convenient and automated way to consolidate funds from multiple subsidiary accounts to one master account.
Allows you to more efficiently manage cash across multiple accounts from many locations, divisions or accounting functions.

Add a Line of Credit Sweep that links your First Bank checking or money market and line of credit with automatic transfers to maximize your money even more.

Together, Let’s Make Great Things Happen

Partnering with businesses to make great things happen is the most significant way we give back to our communities. Meet the First Bank team helping businesses thrive in Carmi, Grayville, Lawrenceville and Mount Carmel in Illinois, and Evansville, Haubstadt, Mount Vernon, Poseyville, Princeton and Vincennes in Indiana.