Looking for Invoice Factoring in Austin?

If you operate a business in Austin, Texas, it’s likely that you’ve had issues with customers paying on time, sometimes waiting 30-90 days for your outstanding invoices to turn into cash. Invoice factoring, or A/R financing, with altLINE gets you the instant cash you need so you can keep growing your business. What makes us different?

Trusted Bank Since 1936

Lower Rates

Advances up to 90%

ZERO Hidden Fees

100% Transparency

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.

With its flourishing business environment, it’s no wonder many companies in Austin are turning to factoring.

As the capital of the largest state in the country, Austin is also the 11th most populous city. It’s a cultural center, branded by the slogan “Keep Austin Weird.” The spirit of the city is what drives a lot of its entrepreneurship, creating an ecosystem of competitive businesses that need consistent cash flow to grow. Business owners often turn to invoice factoring for a fast, effective option to boost working capital when traditional lending is out of reach.

All businesses need cash to grow. However, many businesses must wait 30-90 days for their customers to pay their invoices. But when you have employees, vendors and other bills to pay, it can be extremely difficult to always have the cash on-hand that you need. 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 Atlanta, 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.

Commercial Landscaping Company

Initial Need:
$450,000

Problem:
The landscaping company operates in a low margin industry, but the business’s previous factoring company was charging very high rates leaving little in terms of profitability.

Solution:
Seeking a lower rate, the commercial landscaper sought out bids from other factoring companies. As a direct bank lender, The Southern Bank was able to greatly reduce their factoring costs leaving more money in the business.

Result:
With the same access to capital, but at a reduced rate, the commercial landscaper has grown their business from $2MM to $6MM in 18 months.

Most Common Industries We Serve in Austin, TX

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 Austin that You Can Trust.

Choose altLINE by The Southern Bank.

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