Looking for Invoice Factoring in Raleigh?

Stop waiting 30-90 days for paid invoices. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. What makes us different?

Rates from 0.50%

Advances up to 90%

Zero Hidden Fees

Fast Approval

100% Transparency

Trusted Bank Since 1936

Call the altLINE Factoring Hotline

205-607-0811

Get Your Free Factoring Quote

To receive your free factoring quote, please submit the basic information below and we will get back to you immediately.

Raleigh has seen incredible growth over the past 15 years. With business growth comes the need for invoice factoring.

The capital of North Carolina, Raleigh is a cultural and economic center of the state. Entrepreneurship is booming and the concentration of top-notch universities like UNC Chapel Hill, Duke and N.C. State has contributed to the growth of both small businesses and large enterprises. As those businesses grow, they consistently need working capital. However, not all businesses qualify for a traditional loan or line of credit. That’s where invoice factoring comes in.

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 Raleigh, 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.

Recent Factoring Deal in Raleigh, NC

Textile Manufacturer

Initial Need:
$2,000,000

Problem:
Founded more than 20 years ago, this textile manufacturing company had lost a major client and began tripping covenants in their bank line of credit. They needed a new home and fast.

Solution:
The Southern Bank was referred by the current bank and was able to structure a factoring facility that operated much like their current asset based revolver.

Result:
By moving to a bank-owned factor instead of a more expensive independent factoring company, the textile manufacturer was able to control financing costs and redeploy those savings back into improving his business.

Most Common Industries We Serve in Raleigh

Don’t see your industry listed? Reach out for a quote, and we’ll let you know if we can help.

Staffing

Manufacturing

Wholesale

Oil & Gas

Distribution

Consulting

Professional Services

Janitorial Services

Facility Services

Food & Beverage

Textile & Apparel

And Many More…

Why You Should Factor with altLINE

We’re an FDIC-Insured bank, not a middleman like other factoring companies.

Invoice factoring is a quick, effective means of infusing your business with cash. In today’s environment, buyers continue to stretch their suppliers’ payment terms, causing many small businesses to seek out alternative forms of financing. The Southern Bank meets those needs with a solution that offers:

Reliability

Economic or industry headwinds? Work with a trusted lender that has been banking since 1936. We’re here when you need us most.

Transparency

We’re a regulated financial institution, which means we must employ fair lending practices with all of our customers. That said, we’re mainly transparent because we care about your business and want to help you grow.

Low Cost

By working directly with a bank instead of an independent Factoring company, our customers cut out the middleman – saving time and money.

Flexibility

Compared to traditional financing, our Factoring solution provides more working capital to a broader customer base. We find more ways to say “Yes” to business owners.

Choose a Factoring Company in Raleigh that You Can Trust.

Choose altLINE by The Southern Bank.

LEARN MORE GET A FREE QUOTE

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