Fabrication, machinery and manufacturing businesses in Jackson, Mississippi often suffer from the same issues: waiting 30-90 days for customers to pay their invoices. In the meantime, these businesses owners must be able to make payroll, pay other expenses or invest in growth – all things that are impossible without working capital. If bank loans are not an option, for credit reasons or limited operating history, they turn to alternative financing solutions to quickly infuse cash into the business. The best of those options is invoice factoring.
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 Jackson, 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.