Altline factoring. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Altline factoring

 
 altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originallyAltline factoring This process helps companies keep consistent working capital available rather than struggling to deal with late invoice payments

Call the altLINE Factoring Hotline +1 (205) 607-0811. As it grows, businesses turn to invoice factoring to help maintain working capital. Therefore, if a customer you have invoiced does not pay the invoice that the factor has bought from you, for any reason, then your company is responsible for paying the factor. AltLINE offers both accounts receivable financing and invoice factoring, working with small businesses in a variety of industries, including startups and those that can’t qualify for traditional. This rate is typically 0. altLINE is a part of The Southern Bank Company. Get Started. Manufacturing businesses, as well as a host of professional service industries, are often a perfect fit for invoice factoring, as they consistently struggle with delayed payment terms that result in cash shortages. Once Tom’s Trucking submits. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Map-out how you’ll generate revenue. Jim is the General Manager of altLINE by The Southern Bank. Referral Program for Factoring Brokers. Angela joined altLINE in 2022 after several years of working in digital marketing across various industries including financial services and B2B. On net 30 terms, the customer must pay within 30 days of when the invoice for a product or service was provided. 100% Transparency. 70% – 85%. In 2020, truck drivers earned an average of 57 cents per. Jim is the General Manager of altLINE by The Southern Bank. 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. altLINE specializes in alternative lending – focusing solely on deals that fall outside of the traditional credit box – making the program an ideal secondary option for borrowers that don’t qualify for a line of credit. Get a Quote. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. Advances up to 90%. By factoring your invoices, you’re effectively selling your accounts receivable to a third party (a factoring company) in exchange for cash up front. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Grey was previously the Director of Marketing for altLINE by The Southern Bank. 5% per 10 days (1. What makes us different? Rates from 0. On the other hand, if you’re looking for a monthly factoring arrangement, you might work with altLINE, which requires that businesses factor at least $15,000 per month with them. Unpaid invoices hinder the day-to-day operations of small businesses that need capital to improve cash flow as only about 6% of invoices are paid within 30 days. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. Regardless, this is simply another way your score can be revealed. Jim is the General Manager of altLINE by The Southern Bank. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. To pay rent. We have factored over $1 billion in invoices for our clients and are always looking to help business owners by taking over time-consuming A/R management responsibilities. Factoring is not a. Canva. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Zero Hidden Fees. 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. AltLine is an invoice factoring company that offers invoice factoring, accounts receivable financing, and asset-based lending options. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. This process helps companies keep consistent working capital available rather than struggling to deal with late invoice payments. Invoice Factoring. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. While working locally with small and medium-sized businesses, The Southern Bank recognized the consistent need for non-traditional commercial lines of credit. When you factor with altLINE, we fund up to 90% of your invoices now, offering you a critical boost in. Learn more. Jim is the General Manager of altLINE by The Southern Bank. Benefits of Invoice Factoring. The exact timing of our deposit may vary depending on when you complete the job. If it takes your customer three months to pay. OTR Solutions – Best for freight companies. Call us at +1 (205) 607-0811. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. The factor provides a cash advance to the business that sold the invoice (typically 80 to 90% of the invoice face value) and works with their customers. 5 Charge a Late Payment Fee. Dealing With Slow-Paying Customers? altLINE Can Help. These fees can range greatly from 0% to 3% of the credit line amount. The factoring reserve is the money that is withheld from the cash advance sent by a factoring company to a business during the invoice factoring process. Invoice factoring is a form of alternative financing in which a company sells its outstanding invoices to a factoring company (a “factor”). Average capital expenditure per establishment, 2021: $258,412. 11. TCI Business Capital — Best for High Funding Amounts. The exact timing of your cash advance deposit usually depends on the date of your client’s receipt and job completion. For Brokers . Jim is the General Manager of altLINE by The Southern Bank. Invoice Factoring. Your customer pays in 30 days, so your fee will be 3% of $10,000, or $300. 1. Check how key trends and emerging drivers are shaping this industry growth. Resources. You can generally expect a factoring advance rate of 80-90% of your invoice’s face value and receive the cash advance between 24 and 48. Because you don’t have to wait 30 to 90 days to receive your money, you can put it to work immediately in your. Your trusted bank partner in Invoice Factoring and Accounts Receivable Financing. AltLINE offers fast invoice factoring with competitive factoring rates. Staffing companies often fall victim to long invoice terms and slow-paying customers. Learn about AltLine Invoice Factoring Software. The quote request is a simple, straightforward, easy process that can be completed in a few minutes. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. A bank lockbox payment is a payment processing service in the form of a P. Jim is the General Manager of altLINE by The Southern Bank. This type of financing is a sale, not a loan. With more than 85 years of experience serving customers, we provide you with the best client services, assigning you a dedicated account manager to handle all of your factoring needs. Invoice factoring, or A/R financing, with altLINE gets you the instant cash you need so you can keep growing your business. That's one of the lowest you can get, making it more affordable. 100% Transparency. FactorSoft is the new invoice factoring platform that altLINE upgraded to on 10/31/22. Includes info on AltLine, free trials, pricing and FAQs. Florida. com and more. According to Tywanna Maye, an Account Manager at altLINE, invoice factoring “creates a positive cash flow because by selling invoices, the company is paid immediately instead of waiting on their. We also soften the financial blow of late customer payments by improving your cash flow. Entrepreneurship is booming and the concentration of top. Why We Chose It. It tends to be more expensive than traditional. According to Justice, 65% of AltLINE’s portfolio is staffing and consulting firms. Max loan. 8 Pay Slowly. Compare the top options. While the city isn’t as old as some, it served as the main. Payroll funding is a type of invoice factoring specific to the staffing industry. You can generally expect a factoring advance rate of 80-90% of the total invoice value, and you will receive the cash advance between 24 and 48 hours after submission to altLINE. If you run your own trucking business, or you’re in the process of becoming an owner-operator, you should make note of the following six ways to assist in finding and scheduling future hauls. 100% Transparency. Through invoice factoring, Hernandez has stabilized D&A’s cash flow and grown her business. Spot factoring differs from traditional invoice factoring because it is primarily used to factor a single large invoice, rather than a set of invoices. Trucking and transportation is one of the industries AltLine services. The exact timing of your cash deposit generally depends on your customer’s receipt and acknowledgment of. Factoring with altLINE has its benefits. A bank factoring company like altLINE is member FDIC, or FDIC-insured, meaning altLINE must abide by state and federal regulations thus you have forms of protection when it comes to your money. Best for Long-term unsecured business loans. To take on new orders / clients. altLINE advances up to 90% of an invoice — a normal range for invoice factoring providers serving companies with higher monthly revenue. Six Ways to Get Loads for Trucks. First, a factoring company such as altLINE will fund a cash advance of 80-90% of the outstanding invoice. It also reaches a maximum of 3%, which is lower than the standard maximum of 5% for the first 30 days. Angela joined altLINE in 2022 after several years of working in digital marketing across various industries including financial services and B2B. The payee can deposit a check; they can influence where or when cash is transferred or deposited. You will receive a single, $250 Visa e-gift card the first time your referral funds with altLINE. We help provide solutions to customers from a wide variety of sources. When it comes to non-traditional financing solutions, invoice financing and factoring are common alternatives to transforming your accounts receivables for quick funding. 5% Maximum Account Receivable: $4 million. A quote in business, also known as a price quote, is an estimation document sent by a seller that tells the customer, in detail, how much a specific project or service is expected to cost. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Aladdin Capital — Best for Small Business. 5 to 3. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Resources. For Bankers For Financial Advisors . The capital of North Carolina, Raleigh is a cultural and economic center of the state. The Southern Bank’s altLINE program unlocks the value in your outstanding invoices through Invoice Factoring, Accounts Receivable Financing and Asset Based Lending. Read on to learn more about the five most common sources of business startup capital. Learn more about invoice factoring, alternative financing and other small business finance topics. Debt factoring, perhaps more commonly known as invoice factoring,. To pinpoint the areas nationwide where small businesses abound, altLINE used Census Bureau data to find the county in each state with the highest concentration of small businesses in 2021, calculated as small establishments per 1,000 residents. 2. 5, you’ll end up paying back $150,000. Log In to FactorSoft. Invoice Factoring. Read more about all of the business banking resources provided by altLINE. Asset-based loans or lines of credit can be borrowed against equipment, property, inventory or receivables (in the form of an invoice factoring service ). Unlike most factoring companies, it is backed by an established, reputable bank. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. Angela joined altLINE in 2022 after several years of working in digital marketing across various industries including financial services and B2B. 1. Invoice factoring is an alternative financing option in which a business sells its outstanding invoices to a third-party factoring company (often referred to as a factor) for a discounted rate. sobanco) RTS Financial; TCI Business Capital; Riviera Finance; PorterFreight Funding; Factor Funding Company; Fundbox; Comparison Between Best. Grey was previously the Director of Marketing for altLINE by The Southern Bank. Grey was previously the Director of Marketing for altLINE by The Southern Bank. If you think invoice factoring might improve your working capital, call one of our representatives at +1 (205) 607-0811 or fill out our factoring quote form . Trusted Bank Since 1936. Businesses in Arkansas within these industries should consider working. altLINE deals in invoice factoring and accounts receivable factoring. As a company grows and experiences an increased need for cash, they will likely seek out various forms of financing. Unlike many factoring companies, altLINE has factoring programs specifically catering to start up businesses and was able to put a facility in place. Calculate your startup capital. Full recourse factoring places all of the business’s liability that has engaged a factor for invoice factoring. For example, selling an invoice of $10,000 will not generate the same returns as a $50,000 invoice. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. AltLINE offers invoice factoring with competitive rates and flexible qualification requirements. Here at altLINE, we make brokers’ lives easier by offering speed, flexibility, and a competitively priced offering that gets deals done, and we do so while offering a competitive commission structure that compensates your for your. COMMERCIAL FINANCING. 100% Transparency. On average, however, they fund customers about $500,000 per month. Factor rates are typically between 1. Zero Hidden Fees. In business, a price quote is often referred to as just a quote. September 28, 2023 / by Jim Pendergast. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. 5. This makes for a great way to keep your cash flow consistent, as it removes the process of waiting for your customer to pay an. altLINE offers invoice factoring—in which they purchase your outstanding accounts receivables, as well as accounts receivable financing—where they advance you a percentage of the value of your invoice’s value, which you’ll repay, plus interest. Moreover, our invoice factoring services help you focus on growing your. 87 years. The application process for altline factoring: altline doesn’t charge an application fee, for joining its factoring program. 5% – 4. For financial and business advisors, having a reputable secondary. Our team moves quickly so that you can get the cash you need to keep growing your business. This lender requires that you are able to factor at least $15,000 per month. For them, invoice factoring is a fast and easy working capital solution that turns outstanding invoices into cash when New Orleans businesses need it most. The exact timing of your cash advance deposit usually depends on the date of your client’s receipt and job. Asset-based lending (ABL) is the process of borrowing money that is secured by an asset, or collateral. Grey was previously the Director of Marketing for altLINE by The Southern Bank. Many businesses have slow-paying customers and long payment terms, anywhere from 30-90 days, resulting in cash flow problems. While working locally with small and medium-sized businesses, The Southern Bank recognized the consistent need for non-traditional commercial lines of credit. Call us at +1 (205) 607-0811. This lag in time may equate to as long as 30-60 days and causes cash flow problems for many businesses, particularly staffing companies. A bank factoring company is exactly what it sounds like, a federally regulated bank that factors invoices for clients. Jim is the General Manager of altLINE by The Southern Bank. Jim is the General Manager of altLINE by The Southern Bank. Here is a quick comparison of 5 best factoring companies. Each client and each operator may be unique, but the common causes and resulting pains caused by cash flow difficulties are universal. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. Factoring by Industry. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. 75%). Get Started. A factoring company purchases the right to a portion of your sales and then advances you the money before you receive payment from customers. More complex structure benefits businesses with steady borrowing needs. They offer easy approval, low rates, transparency, and are FDIC-insured. Funding can be available within 24 to 48 hours. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. This is the early payment discount portion of the term, “1/10 net 30”. Invoice factoring is a form of alternative financing that converts your outstanding invoices into cash by selling them to a third party, or factoring company, in exchange for a cash advance. We provide smart,Invoice automation software is the key that unlocks automated invoice processing. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. Termination Fee. It is up to you as a business owner to determine which invoices to sell based on the amount. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. These products can be useful for B2B businesses with slow-paying customers. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Accounts receivable financing, also called accounts receivable factoring, is the process of financing outstanding invoices in order to access the cash value sooner. Invoice Factoring A/R Financing Payroll. Grey was previously the Director of Marketing for altLINE by The Southern Bank. Click calculate. To take on new orders / clients. Jim is the General Manager of altLINE by The Southern Bank. With a factoring fee of just 1. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. altLINE Advances Up To 80-90% Of The Invoice Face Value. 50%. Back. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. altLINE has been in the factoring industry for. A study by the Nebraska Business. Unlike many factoring companies, altLINE has factoring programs specifically catering to start up businesses and was able to put a facility in place. Instead, many Virginia Beach business owners turn to invoice factoring as an effective and accessible alternative financing solution that boosts working capital. These higher fees can lead to a lower profit margin for businesses. According to Tywanna Maye, an Account Manager at altLINE, invoice factoring “creates a positive cash flow because by selling invoices, the company is paid immediately instead of waiting on their customers to pay them. Once you determine which and how much of your receivable you’re going to factor, the factoring company provides an immediate cash advance, usually worth between 80% and 90% of the invoice value. Raleigh has seen incredible growth over the past 15 years. altLINE offers competitive rates and can take advantage of not. Advances up to 90%. Invoice Factoring. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Its blynk® digital payment system helps trucking companies get paid in minutes. Best for Unsecured invoice factoring. This makes for a great way to keep your cash flow consistent, as it removes the process of waiting for your customer to pay an. Jim is the General Manager of altLINE by The Southern Bank. Lending Options. altLINE is a part of The Southern Bank Company. We help answer questions about companies, rates, structure & more. Lending Options. Power services. . Through these capabilities, and being able to ingest and match data from multiple channels, invoice automation software. Fast Approval. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. Small establishments are defined as those with fewer than 500 employees. With invoice factoring, businesses sell unpaid invoices to a factoring company, like altLINE, in exchange for a cash advance. Backed by The Southern Bank Company, altLINE has provided more than $1 billion in funded invoices since 1936. Small businesses will benefit from the top factoring providers we examined. Unfortunately, no. Non-Recourse Factoring Explained. If your invoice turnover time is between 30 and 90 days, your receivables are well-positioned for factoring. The demand for factoring companies continues to increase as businesses look for additional. 5%. With traditional factoring, A/R financing and asset based. Aside from factoring, altLINE also offers some of the best financial solutions for your business such as accounts receivable financing and asset-based lending. User-friendly online management: altLINE’s user-friendly online platform streamlines the factoring process, providing convenient access and management capabilities for business owners. 5%. It is the alternative loan arm of The Southern Bank Company. Rated Top Factoring Company of 2023 Investopedia, TheBalanceSMB, Fundera, Business. Zero Hidden Fees. AltLine the Southern Bank Company: Factor up to 95% of invoices. Get Started. Best for: Fast access to invoice factoring for businesses who need at least $15,000 per month in factoring. Maximum Account Receivable: $4 million. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. Zero Hidden Fees. Input the factoring rate (sometimes referred to as the interest rate). Record a credit in accounts receivable for the sold invoices. com and more. 2 and 1. Total business applications: 58,260 (Rank: #1) Business applications per capita: 26. We have factored over $1 billion in invoices for our clients and are always looking to help business owners by taking over time-consuming A/R management. 3. However, before you take the plunge there are some pros and cons you should be aware of. Here are the top factoring companies for several different circumstances. What makes us different? Rates from 0. One of the best-known invoice factoring companies, BlueVine charges a low weekly fee for the time an invoice is outstanding. With 10 years’ experience in digital marketing, content creation and small business operations, he helped businesses find the information they needed to make informed decisions about invoice factoring and A/R financing. altLINE Advances Up To 80-90% Of The Invoice Face Value. Overall, altLINE works primarily with staffing and consulting firms, but they also fund businesses in the manufacturing and distribution industries, as well as government contractors. While altLINE runs a background and credit check for all applicants, it doesn’t have a minimum credit score requirement. Jim is the General Manager of altLINE by The Southern Bank. What makes us different? Trusted Bank Since 1936. Input the factoring rate (sometimes referred to as the interest rate). The ever-evolving modern business landscape is filled with apps focused on boosting efficiency for businesses. Fri, Nov-2023. Minimum Rate Percentage: 0. If you expect to factor at least $15,000 monthly, altLINE could be a good fit for you. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. The factoring line that was put in place has given the founders to take on growth at a rapid, yet healthy pace. NerdWallet rating Key Facts. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. 4) Establish the Factoring Account and Get Funding. AltLINE is a wonderful non-recourse invoice factoring supplier for small company owners looking for a solution with quick payback terms. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. If you’re looking to improve your cash flow, give altLINE a call at +1 (205) 607-0811 or fill out our online factoring quote form. Factor Fee Speed; Up to 100% of invoice value: Until the customer pays the invoice: Approx. It is the alternative loan arm of The Southern Bank Company. Summary of the best factoring companies of 2023. The exact timing of your cash advance deposit generally depends on when your customer receives the goods or services you sell. Don’t see your company’s industry listed? That’s okay! Give us a call at +1 (205) 607-0811, and we can discuss how altLINE can help with. According to PayScale, the average small business owner takes home a salary of $69,301 per year. 2 and 1. For example, for each invoice a business sells to the factor, typically 80-90% of the value of the invoice is immediately advanced to the business. Give altLINE a Call. Advances up to 90%. Grey was previously the Director of Marketing for altLINE by The Southern Bank. O. altLINE is an invoice factoring and A/R financing platform that’s backed by The Southern Bank Company. 50%. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. Many invoice factoring providers offer extra services for free, such as accounts receivable (A/R) management and collections. Jim is the General Manager of altLINE by The Southern Bank. What’s more, much of that growth can be attributed to companies under 2 years old, which increased SBA 7 (a) borrowing by 83% from 2020 to 2022. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. altLINE will then advance you between 80%-90% of the receipt, giving itself a discount rate of between 0. Learn how to convert your unpaid invoices into working capital so you can get back to growing your business. It is a bank factoring firm that provides the same services as independent factoring companies, in addition to delivering the benefits of collaborating with a local bank. Revenue: $5 M Number of employees: 31 Market Cap: 4. A factoring company like altLINE will file a UCC on the client’s business, but since we do not offer factoring services for import-export companies, you will have to ask your lender before the process begins, as it may vary from factor-to-factor. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. What makes us different? Rates from 0. For these businesses, invoice factoring is a viable option for obtaining access to capital but some businesses may be reluctant to utilize it for fear of affecting their credit score. Here is a short guide to applying for our. 50%. Min. Although, you may pay an origination fee that typically runs from. altLINE Advances Up To 80-90% Of The Invoice Face Value. AltLINE prides itself on serving businesses in a number of industries, in nearly any stage of growth and with a variety of financial needs. This type of financing offers faster, easier approval, and is. Non-notification factoring is used by businesses to improve accounts receivable cash flow as an alternative to financing methods such as traditional factoring, taking out a loan, or applying for a line of credit. AltLINE This immediately makes them a competitive consideration if you’re looking for flexible cash flow through invoice factoring. Rated Top Factoring Company of 2023 Investopedia, TheBalanceSMB, Fundera, Business. altLINE. Understand how much it would cost to exit your agreement early in case you find yourself. In finance, the term “float” can mean a lot of things. Once you submit your quote request, a representative will be in touch with you immediately. What makes us different? Rates from 0. altLINE is one of the top factoring companies overall. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. However, there is quite a bit of variance from source to source regarding small business. altLINE works mostly with clients who can commit to factoring a large amount of receivables regularly. 4 likes. Learn how to convert your unpaid invoices into working capital so you can get back to growing your business. It’s important to explore and weigh your options, so if you’re a business owner with questions about the factoring process, feel free to give altLINE a call at. Companies use the cash they receive from factoring for a variety of reasons, including: To make payroll. View all of altLINE's available lending options, and details for each. Pros & Cons. How are Accounts Receivable Financing Rates Determined?3. In today’s environment, buyers continue to stretch their suppliers’ payment terms, causing many small businesses in Florida to seek out alternative forms of financing. What makes us different? Rates from 0. Back. Invoice Factoring. 5%. Debt factoring is based on selling accounts receivables to a third-party debt factoring. In today’s environment, buyers continue to stretch their suppliers’ payment terms, causing many small businesses in South Carolina to seek out alternative forms of financing. RTS Financial — Best for Industry-specific Services. The factor rate is typically between 1. Whatever a lender may call it, there are certain things to keep in mind when evaluating options. They don’t bill you for an origination fee but do charge an extra 1% for expedited funding. The company offers factoring services to a variety of industries aside from truck companies, making it the best option for virtually any small business. Get Started. For example, selling an invoice of $10,000 will not generate the same returns as a $50,000 invoice. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. It is the alternative loan arm of The Southern Bank Company. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. At altLINE, we encourage small to medium-sized businesses to look into invoice factoring, as typically these are the businesses that would benefit most from quick cash flow boosts. Revenue: $5 M. 4. As a company grows and experiences an increased need for cash, they will likely seek out various forms of financing.