Learn More About altLINE
A National Specialty Lender Operating Under a Community Bank Banner
Serving Our Community for Over 80 Years
Founded in 1936, The Southern Bank has served as a reputable and reliable community lender in its Northeast Alabama footprint for 86 years. While working locally with small and medium-sized businesses, The Southern Bank recognized the consistent need for non-traditional commercial lines of credit. In response, The Southern Bank developed altLINE, an Accounts Receivable based financing platform for commercial customers.
Operating within an FDIC insured and state regulated bank, altLINE provides customers the flexibility of an independent financing company with the cost advantages and service people expect from a community bank. altLINE partners with commercial bankers, accountants, business advisors, and other intermediaries nationwide to deploy its specialty lending capabilities wherever it may be needed.
At altLINE, we specialize in providing working capital for businesses when they need it most. We provide receivable-based funding solutions that include invoice factoring and A/R financing services. Industries we serve include, but are not limited to, staffing, small businesses, professional services, medical receivables, and wholesale and distribution.
altLINE has grown extensively over time, having factored over $1 billion in invoices. Our dedicated team has received an A+ rating by the BBB (Better Business Bureau), and we have been named a Top Factoring Company of 2022 and 2023 by:
To learn how we can help your business or client, contact us today.