Knowing AR was one area where things needed to be improved, Hundley began looking into financing options. That’s when he discovered invoice factoring and, eventually, altLINE.
He first spoke with Jim Pendergast, altLINE Senior VP and General Manager. Hundley immediately realized the opportunities altLINE could provide in terms of improving OneStop’s accounts receivable.
“Since my first call with Jim, altLINE has helped us stay on top of our AR better than we ever have,” Hundley said. “Working with Jim, working with [VP of Operations] Kelley, and working with our account manager Mildred has been a true blessing. We actually just went through a huge AR cleanup with Kelley and Jim, and like I said, I bet we now have one of the best ARs we’ve ever had.”
But according to Hundley, altLINE’s positive effect on OneStop doesn’t only have to do with how they’ve helped financially. Currently, altLINE is working on writing a letter of recommendation on behalf of OneStop, as Hundley’s business is working on a $36 billion contract with the federal government.
“The government wants to know that this staffing company can actually financially support such a large contract, so they’ll be able to hear how much they’ve helped us with funding,” Hundley added. “It’s just a great partnership with Jim, Kelley and Mildred.”