Your Trusted Bank Partner in

Invoice Factoring and Accounts Receivable Financing.

Providing smart, affordable and reliable alternatives to a traditional line of credit.

Why We’re Different

Call the altLINE Hotline

205-607-0811

Get Your Free Quote

To receive your free factoring quote, please submit the basic information below and we will get back to you immediately.

Invoice factoring accelerates your cash flow to help you get back to running your business.

Flexible financing solutions for businesses experiencing:

Startup Stage

Looking to go out on your own? We can help. Unlike traditional lines, our programs don’t require an established operating history.

Growth and Expansion

New customers and new contracts can make or break your business. Grow confidently with The Southern Bank’s most flexible offerings behind you.

Seasonality

When faced with large seasonal demand, altLINE helps clients meet their customers’ needs.

Loss History or Turnaround

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.

Unexpected Events

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.

Factoring with altLINE unlocks the value in your Accounts Receivable.

Read the Factoring Guide

At altLINE, we create tailored financing solutions unique to your business needs.

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:

Invoice Factoring

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.

A/R Financing

With direct bank funding and aggressive advance rates, our A/R Financing platform gives you the best blend of affordability and access to capital.

Asset Based Lending

For clients with larger customer bases and borrowing needs, our asset based loans provide a more flexible alternative to traditional lines of credit.

Key Industries We Serve

Staffing

Distribution

Facility Services

Manufacturing

Consulting

Food and Beverage

Wholesale

Professional Services

Textile and Apparel

Oil and Gas

Janitorial Services

And Many More!

Why Choose altLINE?

We’re a Bank and Not a Middleman
As a direct source of funds, altLINE is not exposed to the borrowing costs that most independent financing and factoring companies pass through to clients. We save you money.
No Hidden Fees
In addition to the quoted rate, many financing and factoring companies hide transaction fees, lockbox fees, transfer fees, renewal fees, and monthly minimums. With altLINE, know exactly what you pay with our transparent pricing structures.
No Float
Factoring companies and independent financiers are often required to hold on to your customers’ payments for three to five days as they wait for payment to clear. With altLINE, you access your money the day it’s received – substantially reducing costs and accelerating cash flow.
Best in Class Customer Service
As your partner, we consider ourselves an extension of your business. Responsive and professional, our team is ready to support your company’s goals by providing credit verifications, monitoring receivables and collections, and helping strengthen back office operations.