Providing smart, affordable alternatives to a traditional line of credit
Looking to go out on your own? We can help. Unlike traditional lines, our programs don’t require an established operating history.
New customers and new contracts can make or break your business. Grow confidently with The Southern Bank’s most flexible offerings behind you.
When faced with large seasonal demand, altLINE helps clients meet their customers’ needs.
Recent losses may reduce access to traditional financing. By relying on your customer’s ability to repay, our A/R lending programs are there when you need them most.
Is a large tax bill, lawsuit, or customer bankruptcy setting you back? altLINE can accelerate your cash flow and get you back on track.
Don’t wait 30 to 60 days to get paid. altLINE unlocks the value in your Accounts Receivable.
Your business is unique, so shouldn’t your working capital line be unique as well? The Southern Bank can implement a variety of Accounts Receivable based products and structures, including:
Looking for the highest degree of flexibility? Invoice factoring gives you the freedom to sell open invoices and receive cash for a set discount fee.
With direct bank funding and aggressive advance rates, our A/R Financing platform gives you the best blend of affordability and access to capital.
For clients with larger customer bases and borrowing needs, our asset based loans provide a more flexible alternative to traditional lines of credit.
STAFFING
DISTRIBUTION
FACILITY SERVICES
MANUFACTURING
CONSULTING
FOOD & BEVERAGE
WHOLESALE
PROFESSIONAL SERVICES
TEXTILE & APPAREL
OIL & GAS
JANITORIAL SERVICES
AND MANY MORE
