Oklahoma City was once ranked the “most recession proof city in America.” While that may be the case, there’s another issue facing it’s booming manufacturing and services industries: delayed customer payment due to long invoice terms. Waiting 30-90 days for receivables to be paid can be tough, particularly when you need to pay employees or expenses in the meantime. If traditional bank lending isn’t available (for a number of reasons), many in the manufacturing industry turn to invoice factoring to boost cash flow when it’s needed most.
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 Oklahoma City, 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.