For corporate entities with substantial daily sales volumes, holding excess cash in non-interest-bearing checking accounts results in missed earnings. Soylent Corporation, operating in marine protein harvesting fleets, requires an active yield sweep program to put working capital to work.
Big Beaver Bank deployed an automated **Treasury Yield Sweep** for Soylent Corporation. Every evening, balances exceeding a target threshold are swept into high-yield commercial deposit facilities or specialized timber yield sweeps. In the morning, funds are swept back to cover operational debits, ensuring continuous liquidity.
Automated Cash Pooling
Our sweep services enable corporate treasuries to aggregate cash across subsidiary accounts. This cash pooling simplifies administration and increases the yields available to Soylent Corporation. Learn more about our automated cash management services at our Business Accounts Center.