Professional Documents
Culture Documents
A Cash Sweep Refers To The Use of Excess Cash To Pay Down Debt
A Cash Sweep Refers To The Use of Excess Cash To Pay Down Debt
The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account. A cash sweep refers to the use of
excess cash to pay down debt. The concept of a cash sweep is quite simple –
excess cash in a borrower’s account is converted into a debt payment at the
end of each business day. By conducting a cash sweep, companies can reduce
their outstanding debt using cash that would otherwise sit idle in their
account.
A cash sweep refers to the use of excess cash to pay down debt. The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account.
A cash sweep refers to the use of excess cash to pay down debt. The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account.
A cash sweep refers to the use of excess cash to pay down debt. The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account.
A cash sweep refers to the use of excess cash to pay down debt. The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account.
A cash sweep refers to the use of excess cash to pay down debt. The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account.
A cash sweep refers to the use of excess cash to pay down debt. The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account.
A cash sweep refers to the use of excess cash to pay down debt. The concept
of a cash sweep is quite simple – excess cash in a borrower’s account is
converted into a debt payment at the end of each business day. By conducting
a cash sweep, companies can reduce their outstanding debt using cash that
would otherwise sit idle in their account.