AltLine

AltLine is the invoice and accounts receivable factoring division of The Southern Bank Company, a community bank headquartered in Birmingham, AL. Because it operates under a federally regulated, FDIC-insured bank, AltLine is structured differently from most nonbank factoring competitors — a meaningful distinction for businesses that care about lender credibility. It serves businesses nationwide with invoice factoring and freight factoring, with advances up to $1,000,000. There is no minimum time in business required, and approval is driven by your customers' creditworthiness rather than your own credit score — making it accessible to younger B2B companies with solid receivables. With years of accredited operating history and a solid reputation among the businesses it serves, AltLine appears well suited for staffing, trucking, and service firms that need to unlock cash tied up in outstanding invoices.