Invoice factoring is a form of alternative financing in which a company sells its outstanding invoices to a factoring company (a “factor”). When you sell your invoices to the factor, it submits a notice of assignment and then. Grey was previously the Director of Marketing for altLINE by The Southern Bank. 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. Zero Hidden Fees. To hire more employees. Unlike other factoring companies in Beaumont, we don’t charge. Invoice Factoring. Jim is the General Manager of altLINE by The Southern Bank. For example, selling an invoice of $10,000 will not generate the same returns as a $50,000 invoice. 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. Once you submit your quote request, a representative will be in touch with you immediately. The exact timing of your cash advance deposit usually depends on the date of your client’s receipt and job. Just like invoice factoring, payroll funding turns a business’s outstanding invoices into cash by selling them to a third party. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Invoice Factoring A/R Financing Payroll. By eliminating intermediaries, the company reduces costs and improves reliability and trust for its clients. Specialty lenders often use the terms Accounts Receivable Financing and Factoring interchangeably. 5. Note: These are average rates. This rate is typically 0. A negative change in working capital could be indicative of a one-time event or it could be the result of an ongoing issue, such as poor management of accounts receivable. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Unlike many factoring companies, altLINE has factoring programs specifically catering to start up businesses and was able to put a facility in place. In general, the faster a staffing company’s customers pay, the better rate it will receive. altLINE Advances Up To 80-90% Of The Invoice Face Value. It is the alternative loan arm of The Southern Bank Company. 2 Offer Early Payment Discounts. Get Started. Jim is the General Manager of altLINE by The Southern Bank. altLINE Advances Up To 80-90% Of The Invoice Face Value. 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. Number of employees: 31. 1 10 Ways to Improve Cash Flow. altLINE is one of the top factoring companies overall. altLINE Advances 80-90% Of The Invoice Face Value. 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. With business growth comes the need for invoice factoring. Why We Chose It. 70% – 85%. These products can be useful for B2B businesses with slow-paying customers. Fast Approval. 2. 3. Aside from factoring, altLINE also offers some of the best financial solutions for your business such as accounts receivable financing and asset-based lending. Record a credit in recourse liability after estimating the bad debts and potential loss. As an entrepreneur, it’s important to remember that leveraging mobile apps for running a small business is one of the most efficient ways to grow your company. Thus, this could also be written out as 1. altLINE offers competitive rates and can take advantage of not. altLINE is a factoring company operating under the Southern Bank Company’s umbrella, providing direct access to funding without intermediaries. 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 hours after submission to altLINE. Why We Chose It. Unlike many factoring companies, altLINE has factoring programs specifically catering to start up businesses and was able to put a facility in place. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. 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. Lending Options. Invoice factoring is a fast, effective and affordable alternative to traditional financing that does not impact a business’s credit. The ultimate goal of non-notification factoring is the same as that of traditional invoice factoring – to increase working capital. Call the altLINE Factoring Hotline +1 (205) 607-0811. 50%. 3%. Jim is the General Manager of altLINE by The Southern Bank. Invoice factoring is a form of alternative financing in which a company sells its outstanding invoices to a factoring company (a “factor”). Angela joined altLINE in 2022 after several years of working in digital marketing across various industries including financial services and B2B. What makes us different? Trusted Bank Since 1936. Jim is the General Manager of altLINE by The Southern Bank. Understand how much it would cost to exit your agreement early in case you find yourself. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. 50%. For Bankers For Financial Advisors . With the federal funds rate at its highest since 2007, credit card annual percentage rates, or APRs, are also at record highs. Advances up to 90%. They don’t bill you for an origination fee but do charge an extra 1% for expedited funding. Zero Hidden Fees. $10,000,000. Not only is altLINE a bank factoring company, but we have 86 years of experience serving customers. Even if you’re a telecom business owner or contractor who serves a different industry than listed above, a factor like altLINE may still be open to working with you. It has factored more than $800 million in invoices and has been operating since 1936. Grey was previously the Director of Marketing for altLINE by The Southern Bank. box. Factoring rate. Jim is the General Manager of altLINE by The Southern Bank. Entrepreneurship is booming and the concentration of top. Advance rate. Best for: Fast access to invoice factoring for businesses who need at least $15,000 per month in factoring. Many businesses have slow-paying customers and long payment terms, anywhere from 30-90 days, resulting in cash flow problems. The factor. If you and a factor are working together by advancing funds on outstanding loans, you retain the ownership of. altLINE Invoice Factoring . 100% Transparency. Jim is the General Manager of altLINE by The Southern Bank. Funding can be available within 24 to 48 hours. Angela loves creating content that helps readers better understand their financing options and helps them make informed decisions about factoring. Prefer to do factoring through a bank? altLINE by The Southern Bank is our top pick if you want to cut out the middleman. Get Started. AltLINE is the commercial financing division of The Southern Bank, which has been in operation for over 84 years. Although they work primarily with staffing and consulting firms, altLINE can also provide financing to businesses in the manufacturing and distribution sectors, as well as government contractors. To take on new orders / clients. 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. How are Accounts Receivable Financing Rates Determined?3. com and more. NerdWallet rating Key Facts. You can generally expect a factoring advance rate of 90-95% of the invoice’s face value and receive the cash advance between 24 and 48 hours after submission. The ever-evolving modern business landscape is filled with apps focused on boosting efficiency for businesses. These fees can range greatly from 0% to 3% of the credit line amount. The Southern Bank has been around for over 80 years so you know you’re in good hands. Here is a quick comparison of 5 best factoring companies. Alternatives To Invoice Factoring Companies for Small BusinessesDifferent factoring companies offer different services at varying pricing rates. Learn more. For Bankers For Financial Advisors . Get Your Free Factoring Quote. altLINE. Sample fees include: 1% per 10 days (3% per month) 0. Some companies use invoice factoring for revenue stability. BlueVine requires businesses to have a minimum 3-month history, at least $10,000 monthly. See how bankers, brokers, and financial advisors can partner with altLINE as a part of our referral program. 50%. Record the factoring fee and the estimated bad debts as a debit loss. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. The exact timing of your cash advance depends on the customer’s receipts and acknowledgment of goods. For example, selling an invoice of $10,000 will not generate the same returns as a $50,000 invoice. This means that if the buyer pays the invoice within 10 days of receiving it, they will receive a 1% discount. It tops our list of invoice factoring companies because you can factor high volumes of invoices and receive an advance rate of up to 90%. This information can help you make the right decision for your business. Here is the list of factoring companies with a specialty in invoicing: Breakout Capital; Triumph Business Capital; Nav (Business financing options/Invoice financing) eCapital; altLINE (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 ). Jim is the General Manager of altLINE by The Southern Bank. Pay Per Mile. Factor Rate: Similar to an interest rate, this determines how much the merchant cash advance will cost. Best for Long-term unsecured business loans. Unlike other factoring companies in Fort Wayne, we don. 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. com and more. The Bureau of Labor Statistics notes that entertainment employment is expected to increase by 13% from 2021 to 2031 —a rate faster than the growth rates of other jobs. altLINE Advances Up To 80-90% Of The Invoice Face Value. Call us at +1 (205) 607-0811. Call the altLINE Factoring Hotline +1 (205) 607-0811. Call us at +1 (205) 607-0811. What makes us different? Rates from 0. AltLine the Southern Bank Company: Factor up to 95% of invoices. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. The exact timing of our deposit may vary depending on when you complete the job. With a factoring fee of just 1. Turn your outstanding invoices into cash Give altLINE A Try . You can apply for invoice. Power services. The truck’s odometer is read at the start and end of the trip, and the driver is paid based on the total mileage. We help answer questions about companies, rates, structure & more. 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%. Factor Rate: Similar to an interest rate, this determines how much the cash flow loan will cost. Get Started. Here are the top factoring companies for several different circumstances. A study by the Nebraska Business. Instead of waiting on customers to pay their invoices, a janitorial factoring company can give you cash whenever needed. Get Started. The exact timing of your cash deposit generally depends on your customer’s receipt and acknowledgment of goods. The payee is the recipient of a check, or who the check is made payable to. 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. Browse by Topic. Give altLINE a Call. For financial and business advisors, having a reputable secondary. This is where an alternative financing method such as invoice factoring can help. Since altLINE sources its funds directly from its parent bank, rather than a 3rd party lender or source of funding like many factoring companies, factoring funds are sourced directly from altLINE to you. Payroll funding is a type of invoice factoring specific to the staffing industry. Stay up-to-date with Factoring Services Market research offered by AMA Research. Pricing. In under six months, D&A received a factoring credit line increase, enabling the business to access up to $500,000 in working capital. Advances up to 90%. In freight broker factoring, companies generally deposit a portion of your cash advance to your carriers to ensure they are paid. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. This process helps companies keep consistent working capital available rather than struggling to deal with late invoice payments. Jim is the General Manager of altLINE by The Southern Bank. When you factor your invoices with altLINE, you turn your receivables into immediate cash, giving you the working capital you need to pay expenses, make payroll and fuel growth. Rated Top Factoring Company of 2023 Investopedia, TheBalanceSMB, Fundera, Business. 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. Resources. altLINE is a small business factoring solution provided by The Southern Bank. Customer B has their account factored by 80%. Record the cash received as a debit in the cash account. However, invoice discounting is distinct because it’s. Each client and each operator may be unique, but the common causes and resulting pains caused by cash flow difficulties are universal. altLINE deals in invoice factoring and accounts receivable factoring. Jim is the General Manager of altLINE by The Southern Bank. 5% to 3% and up to 90% payment initially, invoice factoring through AltLINE could easily be one of the lowest interest rate loans available to your business. That's one of the lowest you can get, making it more affordable. Jim is the General Manager of altLINE by The Southern Bank. altLINE — Best for Flexibility. The company has grown from no revenue to $500,000 month in billings in the. Angela loves creating content that helps readers better understand their financing options and helps them make informed decisions about factoring. At the same time, they’re forced to make. Having established a strong. 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. Best overall: altLINE. altLINE's low fees make it the best overall factoring company By Brian Carmody Updated May 04, 2023 Fact checked by Hans Daniel Jasperson We. Trusted Bank Since 1936. 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. If approved, the factoring company purchases the invoices, then advances 80-90% of the cash value to the business. #7. Invoice Factoring. And, unlike other providers that hide a range of fees, our transparent pricing structure keeps you in control of your financing costs. Total 2021 capital expenditures industrywide: $8. You tend to have more flexibility in which invoices you factor, while with invoice financing, you often have to submit your entire invoice book for financing. 5%. Through invoice factoring, Hernandez has stabilized D&A’s cash flow and grown her business. The first step of manufacturer factoring is submitting an invoice to the factor once you’ve sent them to your customer. Florida. Birmingham is an industrial city on the rise. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. It tends to be more expensive than traditional. 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. Jim is the General Manager of altLINE by The Southern Bank. Jim is the General Manager of altLINE by The Southern Bank. Our team moves quickly so that you can get the cash you need to keep growing your business. The Average Small Business Owner Salary Is $69,301. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. 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. Their understanding of my industry has facilitated a seamless and efficient funding process. Moving forward, this is the factoring platform customers should use to manage their accounts and will act as the new client portal. Triumph — Best for Same-day Funding. In 2021, the U. According to Justice, 65% of AltLINE’s portfolio is staffing and consulting firms. Eligibility:Companies qualify for factoring through altLINE based on their gross monthly sales minimum and other requirements. A staffing agency is an ideal option to navigate because they have a simple process for employees. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. 100% Transparency. Asset-based lending (ABL) is the process of borrowing money that is secured by an asset, or collateral. 8 Pay Slowly. altLINE Advances Up To 80-90% Of The Invoice Face Value. Angela loves creating content that helps readers better understand. I found that altLINE had better reviews, was more responsive and more up front than the other providers I spoke with. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. AltLine Factoring. On average, however, they fund customers about $500,000 per month. What makes us different? Rates from 0. However, we're confident that for a large group of small to medium-sized businesses, factoring invoices. The payor is not permitted to deposit a check to a bank or financial institution. Learn about AltLine Invoice Factoring Software. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. It tops our list of invoice factoring companies because you can factor high volumes of invoices and receive an. Can be more expensive than other financing products. Standard factoring agreements involve a factoring company like altLINE simply purchasing your accounts receivable. Lower Rates. With more than 85 years of experience serving customers, we provide you with the best client services, assigning you a dedicated account manager. Jim is the General Manager of altLINE by The Southern Bank. TCI Business Capital — Best for High Funding Amounts. This type of financing is a sale, not a loan. Therefore, the factoring transactions require several entries. Referral Program for Factoring Brokers. Flexibility: If you want to choose which invoices to use for financing purposes, factoring may be the option for you. Spot factoring differs from traditional invoice factoring because it is primarily used to factor a single large invoice, rather than a set of invoices. 5%. Whether you're a banker, a broker or an advisor, altLINE has a program for you. Its blynk® digital payment system helps trucking companies get paid in minutes. Invoice Factoring. Solutions; Financial SolutionsClick below or call +1 (205) 607-0811. Input the advance rate, which is typically 80% – 90% but can be as high as 99%. At altLINE, we're aware that invoice factoring may not be the best fit for every business. Invoice factoring is the process of selling outstanding invoices to a third-party company (factoring company). 75% to 3. Learn how to convert your unpaid invoices into working capital so you can get back to growing your business. (United States), OTR. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. altLINE has been in the factoring industry for more than 80 years. Call the altLINE Factoring Hotline +1 (205) 607-0811. You can usually expect a factoring advance rate of 80-90% of your invoice’s value and a cash advance deposit between 24 and 48 hours after submission to altLINE. altLINE offers competitive rates and can take advantage of not. The factoring line that was put in place has given the founders to take on growth at a rapid, yet healthy pace. Rated Top Factoring Company of 2023 Investopedia, TheBalanceSMB, Fundera, Business. Learn more about invoice factoring, alternative financing and other small business finance topics. Record a credit in accounts receivable for the sold invoices. 4) Establish the Factoring Account and Get Funding. Once Tom’s Trucking submits its $75,000 invoice for factoring, altLINE advances the company 95% of the invoice value ($71,250). In business, a price quote is often referred to as just a quote. Rated Top Factoring Company of 2023 Investopedia, TheBalanceSMB, Fundera, Business. Jim is the General Manager of altLINE by The Southern Bank. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. If your typical invoice turnover time is between 30 and 90 days, your receivables are well-positioned for factoring. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. Advances up to 90%. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Bank of. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Backed by The Southern Bank Company, altLINE has provided more than $1 billion in funded invoices since 1936. Complexity. Financing Cash Flow. AltLINE is a wonderful non-recourse invoice factoring supplier for small company owners looking for a solution with quick payback terms. The NOA arrives in the mail in the format of a letter, as the initial communication notifying your customers of the change in structure and process. For Bankers For Financial Advisors . Invoice factoring is a solution that turns those invoices into cash immediately. When you buy through links on our site, we may earn an affiliate commission. First, a factoring company such as altLINE will fund a cash advance of 80-90% of the outstanding invoice. Try Invoice Factoring. These unpaid invoices do not only affect the businesses in question but also impact the economy, making up 5% of America’s GDP and totaling $825 billion. 5% to 2. Back. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. 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. 5%-5%. 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. altLINE has been in the factoring industry. Trusted Bank Since 1936. Then you would create a purchase invoice for $2,400 and record it as an open purchase invoice. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. AltLINE offers fast invoice factoring through an online-based process. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Call us at +1 (205) 607-0811. Some businesses charge customers for providing a quote, while others offer free quotes. Within its booming manufacturing ecosystem, many businesses turn to alternative financing options like invoice factoring in order to boost working capital when traditional bank loans aren’t available. At altLINE, we provide invoice factoring to businesses across a variety of industries. Invoice discounting companies offer loans of up to 95% of the total invoice value so that businesses can get the cash within a few days instead of waiting weeks. Factoring with altLINE gets you the working capital you need to keep growing your business. But, when business owners better understand what goes into calculating their credit score and how factoring works, they discover that, not only does invoice. Operating within an FDIC insured and state regulated bank, altLINE provides customers the flexibility of an independent financing company with the cost advantages and service. 5. If slow-paying customers are making it difficult to reach your financial goals, a factoring company like altLINE can help. With the end of lockdowns, people are going out more, and the demand and job growth in these industries are set to grow further. 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. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. 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. The exact timing of your cash advance deposit usually depends on the date of your client’s receipt and job completion. BlueVine (United States), altLINE (United States), Triumph Business Capital (United States), RTS Financial (United States), eCapital Corp. You can generally expect a factoring advance rate of 80-90% of your invoice’s face value, deposited into your bank account within 24 to 48 hours after submission to altLINE. You can apply for invoice factoring from altLINE online—qualified businesses can receive funding in as little as 48 hours. 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. Trucking and transportation is one of the industries AltLine services. TBS — Best for Low Fees. This rate is typically 0. Using Factoring to Reduce Cash Flow Problems. ” Instead of waiting 30, 60, or even 90 days, they can receive a large portion of the owed amount within 1 or 2 days. Triumph – Best for construction and transportation. Unlike traditional loans, invoice factoring allows one to sell outstanding invoices to a factoring business for instant funding. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. It also reaches a maximum of 3%, which is lower than the standard maximum of 5% for the first 30 days. Through these capabilities, and being able to ingest and match data from multiple channels, invoice automation software. 4 likes. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Our team also has more than 80 years of experience serving customers, and we have an A+ rating by the Better Business Bureau. For some businesses, late customer invoice payments leave a lower net profit margin than desired. Grey was previously the Director of Marketing for altLINE by The Southern Bank. sobanco) RTS Financial; TCI Business Capital; Riviera Finance; PorterFreight Funding; Factor Funding Company; Fundbox; Comparison Between Best. Janitorial factoring through altLINE works to fund your business through cash advances. Before selling, collect your unpaid invoices, making sure to select high-value invoices that can provide enough cash inflows during the payment duration. B2B factoring, also known as business-to-business factoring, is a financial transaction in which a business sells its accounts receivables, or unpaid invoices, to a third-party company, known as a factoring company. altLINE Advances Up To 80-90% Of The Invoice Face Value. Do know, however, that UCC filings are commonly seen as an integral part of any form of lending. Unlike most factoring companies, it is backed by an established, reputable bank. Learn how to convert your unpaid invoices into working capital so you can get back to growing your business. Get Started. COMMERCIAL FINANCING. 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. Min. AltLINE offers invoice factoring with competitive rates and flexible qualification requirements. You can apply for invoice factoring from altLINE online—qualified businesses can receive funding in as little as 48 hours. For instance, if an invoice of $5,000 is sold with a 3% factoring fee, the business owner receives $4,850, resulting in a lower profit with. 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. The altLINE blog features a variety of content about invoice factoring and a/r financing. Outstanding Factoring Services. For Brokers . Jim is the General Manager of altLINE by The Southern Bank. If it takes your customer three months to pay. Finding the right financing fit for your client is what brokers do best. Fees for invoice factoring tend to range from 1% to 5% while fees for invoice discounting can range from 1. RTS Financial — Best for Industry-specific Services. Jim is the General Manager of altLINE by The Southern Bank. Jim is the General Manager of altLINE by The Southern Bank. 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. Call the altLINE Factoring Hotline. 75%). These higher fees can lead to a lower profit margin for businesses. a direct financing source; 90% of eligible invoices are delivered; Completely transparent; altLINE is a dependable and trustworthy invoice factoring business known for its minimal prices. This type of financing offers faster, easier approval, and is. Invoice financing is a catch-all term to describe a number of business financing products that are backed, in some way, by unpaid invoices. The difference between recourse and non-recourse. 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. Click calculate.