Fort Wayne has a long history of being a manufacturing boomtown. Its position in northeast Indiana allowed for easy transportation between other hubs like Detrioit, Chicago and Cleveland. These manufacturing businesses face a common problem: waiting 30-90 days for invoices to be paid. When receivables build up, there’s not always enough cash on hand to pay employees or other timely expenses. Invoice factoring is a solution that turns those invoices into cash immediately.
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 Fort Wayne, 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.