Starting a business is no easy feat, and when it comes time to expand, the last thing you want to do is give up equity in the business you’ve worked so hard to create. Even worse, selling equity to get funding means you’ll have investors to answer to, limiting your decision-making abilities.
Selling equity may feel like one of the only options for a new or growing company to get funding, especially when approvals for bank loans and lines of credit are difficult to come by. But there are other financing solutions available that have easier qualification processes than traditional financing and allow you to retain equity.
When you work with altLINE, you’ll receive financing on an ongoing basis, while maintaining full ownership of your company. Rather than having investors take a portion of your profits, you’ll get to reap the benefits of your hard work and grow your business on your terms.
As your company experiences growth, the ability to scale operations becomes increasingly important, and oftentimes, self-financing just doesn’t make the cut. Our tailored financing solutions empower you to meet increased demands head-on without the challenges of conventional financing. Whether you’re a startup looking to expand or an established enterprise seeking increased liquidity, we’ve got you covered.
Another benefit of altLINE’s funding program? Our financing seamlessly scales with your business, so you don’t have to limit your growth potential due to working capital challenges. Take control of your company’s future with improved cash flow to increase operations and reach your business goals.
As a bank factoring provider, we are federally regulated, meaning you will receive a more secure and transparent customer experience.
With a direct source of funds through our bank, altLINE can offer lower rates and no hidden fees, helping you factor more confidently.
Our team has decades of experience working with small and medium-sized businesses, so you can rest assured that your company is in good hands.
Our team of experts will work with you to create a custom and effective financing solution that fits your unique business needs and challenges.
You will receive a dedicated account manager who will help you manage your back office tasks, including collecting invoice payments.
Have a tight turnaround and need funding quickly? We have same day funding options that allow you to stress less when you need to make payments.
altLINE is highly rated by sites like Investopedia, FitSmallBusienss, and Fundera. Plus, we have an A+ rating by the BBB and nearly 5 stars on Trustpilot.
Our team of experts will perform credit checks on your customers, so you can feel more confident extending terms to your clients.
With a dedicated onboarding specialist, we make it easy for both you and your customers to transition into the new factoring process.
OneStop Recruiting experienced consistent cash flow issues, even after becoming a $1 million company in 2016. To accelerate growth and improve their accounts receivable process, they turned to altLINE.
Get answers to some of your top questions related to non-equity funding. If you have a question that is not covered here, feel free to call one of our representatives at +1 (205) 607-0811.
While bringing venture capitalists or private equity into the fold of your business is a common means to receiving business funding, it is by no means your only option. You can grow your business while maintaining equity by accessing other types of business funding, such as invoice factoring or a bank loan.
There are plenty of financing alternatives that you can use instead of equity financing. For example, you can get a business loan or a bank line of credit, both of which allow you to retain equity while accessing the funding you need. However, many businesses, especially new businesses, cannot get these traditional types of funding due to their limited credit histories and time in business.
We recommend looking into invoice factoring or another alternative lending option if you do not qualify for traditional financing options and do not want to give up business equity. Invoice factoring has an easier approval process than traditional lending, is a scalable funding solution, and allows you to retain ownership of your company.
altLINE offers invoice factoring, an alternative lending option in which a business sells its unpaid invoices in exchange for a cash advance. Not only do business owners not have to give up equity when they factor their invoices, but it is a dynamic financing solution that easily grows with your business. Additionally, because factoring companies put more weight on your customers’ creditworthiness than on your own, it’s much easier to be approved for invoice factoring than traditional financing options.
You do not need to give up equity with invoice factoring, which is one of the many benefits of this type of financing. With invoice factoring, you receive a cash advance by selling your unpaid invoices, meaning you fund your business while keeping equity and avoiding taking on debt.
The financing you receive from factoring your invoices with altLINE can be used to cover a variety of expenses. You can use the working capital you receive to purchase new inventory or raw materials, pay your vendors, hire more staff, cover payroll, fund new contracts, bolster your marketing efforts, and scale your operations.
Sometimes small businesses are faced with cash flow challenges that can be difficult to overcome without a cash infusion. We’ve put together some cash infusion tips to help your business get the working capital it needs.
If you’re a business owner in need of financing, but you don’t want to give of equity or ownership, non-dilutive funding could be a solution. Non-dilutive funding lets you access capital while retaining business equity.
