A diverse mix of businesses make up the economy of Chattanooga, Tennessee – predominantly within the services and manufacturing industries. These industries suffer from a similar problem: high receivables but low working capital. This causes recurring strains on the business that limit growth and the ability to stay on top of expenses like payroll. When traditional bank lending is either unavailable or undesirable, these businesses must turn to alternative solutions, like 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 Chattanooga, 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.