All Farm Credit of Florida offices are open normal hours, 8 a.m. - 5 p.m., and are ready to serve our members.

Account Transfers

AutoBorrow

AutoBorrow creates a seamless connection between your Farm Credit of Florida loan and Bank of America account. It automatically transfers funds between your loan and your checking account to ensure you achieve the maximum return on your money every day.

What can AutoBorrow do for you?

  • Accurately assess your cash position each day
  • Initiate automatic transactions on a same-day basis for maximum precision
  • Saves you time and money by reducing your interest expense and eliminating expensive wire transfers
  • Make your money work for you by investing idle funds
  • Gives your association the ability to offer cash management solutions for your borrowers.

AgSweep

A simple and safe method of increasing your company's earnings, AgSweep allows you to minimize excess balances and maximize your return on available funds. Sweep accounts are beneficial for borrowers who have a high cash turnover and daily cash needs. With AgSweep, you can link your revolving line of credit (RLOC) loan to your Wells Fargo Bank checking account. Funds are automatically advanced from a line of credit when the commercial checking account falls below the target balance. When excess funds are available in the checking account, the funds are swept and applied to the outstanding balance of the line of credit.

AgSweep spares you the daily task of estimating your cash position, ensuring that your money achieves its maximum return on any given day.

With AgSweep, you can:

  • Save time and money
  • Accurately assess your cash position each day
  • Initiate automatic transactions on a same-day basis for maximum precision
  • Reduce your interest expense
  • Eliminate expensive wire transfers
  • Make your money work for you by investing idle funds

Contact us today and find out how AutoBorrow can work for you.