Manufacturing is one of the driving industries of Montgomery. It’s also an industry that suffers from long payment terms and outstanding invoices that rack up quickly. These delayed payments prevent business owners from being able to make payroll or invest in growth. Traditional bank financing isn’t always an option if the business has limited history, a poor credit profile or few hard assets to borrow against. These businesses turn to invoice factoring to provide a quick and effective solution for working capital.
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 Montgomery, 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.