Charlotte is a financial capital of the United States, the second largest in terms of banking assets. Bankers often have the problem of finding the right funding for their customers, particularly if they don’t qualify for traditional lending. For those customers, cash flow is critical, even if they have substantial outstanding invoices that will eventually turn into working capital. However, payment delays cause cash crunches, leaving businesses unable to pay employees and other expenses. That’s when bankers and their customers turn to invoice factoring, an alternative financing solution that’s more accessible and efficient.
When you factor with altLINE, we fund up to 90% of your invoices now, offering you a critical boost in cash flow that helps you stay on top of your expenses, no matter where your outstanding receivables stand. Unlike other factoring companies in Charlotte, we don’t charge hidden fees that are intended to trap you. As a regulated bank, we’re 100% transparent because we want to be, and we have to be.