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
Winston Salem is known for its strong industry, particularly within textiles, manufacturing, food and beverage. These industries battle the same long payment terms that result in a lack of working capital. This severely limits a business’s ability to grow. If they cannot get traditional bank loans or lines of credit, these businesses look toward alternative financing that doesn’t depend on operating history, credit strength or hard assets. 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 Winston Salem, 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.
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…
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:
Economic or industry headwinds? Work with a trusted lender that has been banking since 1936. We’re here when you need us most.
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.
By working directly with a bank instead of an independent Factoring company, our customers cut out the middleman – saving time and money.
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.
