Cash flow is critical to all businesses, but specifically wholesale and professional services. These industries have long payment terms, resulting in lagging payment and large outstanding invoices. Without cash on hand, they’re unable to pay employees and vendors on time. That’s why Corpus Christi businesses should consider invoice factoring as an alternative form of financing.
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 Corpus Christi, 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.