Whether you operate a manufacturing or fabrication company, or you’ve recently started a small B2C business, you’ve probably faced issues with long payment terms and customer payment delays. While these problems are common, traditional bank loans can’t always help. If you have poor credit, limited operating history or few assets, you probably won’t qualify for a standard loan or line of credit. Instead, many Virginia Beach business owners turn to invoice factoring as an effective and accessible alternative financing solution that boosts working capital.
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 Virginia Beach, 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.