Using Factoring Funds to Hire New Employees
Florida Visually Impaired and Blind Services (VBS) LLC was growing fast, meaning they needed to add new members to their team to manage the workload. The problem? Slow-paying customers made cash flow unpredictable and hindered the team’s ability to confidently make payroll. That’s when Florida VBS explored invoice factoring and found altLINE.
When we first started, we thought we were going to get paid quicker by our clients. It was a big headache, and I realized that continuing to wait for them to pay wasn’t going to work for us. I didn’t even know that factoring existed until I happened to stumble upon it doing some research—that’s when I found [altLINE, who’s] kept us out of trouble ever since.
Hunter Duerr, Founder & CEO
Florida VBS
Florida Visually Impaired and Blind Services LLC
The Company
Industry: Staffing
Location: Middleburg, Florida
Established: June 2022
Florida Visually Impaired and Blind Services (VBS) LLC was founded by Hunter Duerr in 2022, specializing in staffing instructors and mobility professionals to support people with visual impairments. Since its founding, the company has grown significantly, working with clients across the entire state of Florida. But this growth didn’t happen without a number of challenges that Hunter couldn’t have overcome without altLINE’s help.
The Solution
Hunter was unfamiliar with invoice factoring until he faced these growth challenges. He began looking into financing solutions and came across the concept of factoring, and altLINE was the first factoring company he reached out to.
Since partnering with altLINE, Hunter has been able to hire several full-time employees and has never missed payroll. “It’s helped me hire people without having to think twice about cash flow.”
The Outcome:
- Predictable Cash Flow to Hire New Staff: Invoice factoring stabilized Florida VBS's cash flow, and its predictability enabled Hunter to hire new employees without worrying if he could pay them on-time. Plus, factoring scales as the business grows, meaning he will not have to stress about payroll in the future either.
- Less Stress: Hunter no longer has to worry about how long it takes clients to pay because altLINE will factor invoices within 48 hours. Plus, altLINE supports the collections process, meaning Hunter can stress less about chasing down payments and spend more time focusing on the business.
The Challenge
Within one year of opening, Florida VBS experienced rapid growth. Hunter’s business attracted clients from across the state, including school districts, the Florida Department of Veterans’ Affairs, and other government organizations. And with this growth came the need to hire additional employees.
The issue? Many of Hunter’s clients took weeks to pay their invoices. This slow cash flow made it difficult to bring on new employees as making payroll would be unpredictable. Meanwhile, Hunter’s workload continued piling up, causing further strain on cash flow and operations.
The Issues:
- Slow-Paying Debtors: Florida VBS typically billed on net 30 terms. However, when the majority of invoices weren't paid until the end of the 30 day cycle, cash flow became tight.
- Regularly Chasing Payment: Clients' payment habits created so much pressure on Florida VBS's finances that Hunter often became stressed chasing down payments.
- Keeping Up With Rapid Growth: Despite the financial stress, Florida VBS continued to win new clients. Hunter needed to hire extra help, but he knew it wouldn't be fair to would-be employees if he didn't have the adequate working capital to ensure they'd get paid on-time. "I kept thinking, 'oh man, I'm going to have to stress about this every time I hire somebody,'" he said.
[altLINE’s factoring process] has always been easy and straightforward. Any time I send my customer an invoice, I just copy [altLINE] on the email, and it’s really easy. [altLINE has] still factored when I’ve been over my monthly limit, too, which I really appreciate.
Hunter Duerr, Founder & CEO
Florida VBS
The Results
NO MORE CHASINGCLIENT PAYMENTs
Florida VBS can access funds from altLINE within 24-48 hours of submitting an invoice, alleviating the need to chase payments.
predictablecash flow
Stable cash flow has given Hunter peace of mind and a more financially healthy company.
increased growth
and more staff
Florida VBS has been able to hire more employees, confidently make payroll, and accelerate growth.
Why Choose altLINE
altLINE was the first factoring company Hunter found when he did research in 2023. He’s even asked his industry peers about the factoring companies they use and their rates, and he’s always come away thinking he found the best one.
- Ease of Use: Simple, straightforward processes
- Transparent Fees & Terms: No hidden costs or surprises
- Proven Reliability: A partner that supports growth and stability
Get a Free Quote Today
Invoice factoring with altLINE isn’t just about solving cash flow issues — it’s about building a reliable foundation for long-term success. For businesses like Florida VBS, altLINE provides the tools to thrive in a competitive industry.
