With a prime port location on the St. Johns River and the Atlantic coast, Jacksonville grew rapidly as a primary transportation and distribution point of the South. While its a hub for these industries, it’s also a banking and financial services center for the state. These bankers often run into customers that are “non-bankable” or do not qualify for traditional lending. Bankers can refer these customers to alternative lenders, like altLINE, that can help provide easy access to working capital through invoice factoring and a/r financing.
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 Jacksonville, 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.