altLINE by The Southern Bank, Birmingham, Alabama. While working locally with small and medium-sized businesses, The Southern Bank recognized the consistent need for non-traditional commercial lines of credit. The first step of manufacturer factoring is submitting an invoice to the factor once you’ve sent them to your customer. Call the altLINE Factoring Hotline +1 (205) 607-0811. To qualify for invoice factoring from AltLINE, you need to have a minimum 500 FICO score and the ability to factor at least $15,000 of your invoices per month. Invoice factoring is another source of working capital financing in which a company sells its accounts receivables to a third party, or factoring company, at a discounted rate. altLINE Factoring. 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. This process helps companies keep consistent working capital available rather than struggling to deal with late invoice payments. Requires client’s customers to be credit worthy. 75% to 3. However, we're confident that for a large group of small to medium-sized businesses, factoring invoices. Jim is the General Manager of altLINE by The Southern Bank. altLINE is a part of The Southern Bank Company. altLINE Best for Bank Factoring. Grey was previously the Director of Marketing for altLINE by The Southern Bank. eCapital Commercial Finance – Best non-recourse invoice factoring. Grey was previously the Director of Marketing for altLINE by The Southern Bank. 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. Aladdin Capital — Best for Small Business. SMB Compass — Best invoice financing up to $10 million. Canva. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. The exact timing of your cash advance deposit usually depends on your customer’s receipt and acknowledgment of goods. 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. TBS — Best for Low Fees. At altLINE, we charge $30 per wire transfer. Check how key trends and emerging drivers are shaping this industry growth. Grey was previously the Director of Marketing for 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. What Is Construction Factoring & How Does It Work? | altLINE Get Your Invoices Paid Faster With Construction Factoring Contents hide 1 What Is Construction Factoring? 2 Benefits Of Invoice. The ever-evolving modern business landscape is filled with apps focused on boosting efficiency for businesses. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. Invoice factoring fees are typically 1-5% of the total invoice value, which is usually a bit more expensive than other forms of financing. 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. . Rates from 0. Not only is altLINE a bank factoring company, but we have 86 years of experience serving customers. Lending Options. Factoring with altLINE gets you the working capital you need to keep growing your business. Trusted Bank Since 1936. Financing Cash Flow. Click the link below to find out more and apply via LinkedIn. Even if your customer doesn’t pay the invoice immediately, you still receive that capital thanks to the cash advance. Get Started. Like FundThrough, altLIne is fast—with funding in as few as 48 hours. 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. Because altLINE is both a factoring company and an FDIC insured bank, we provide more transparency and lower rates than independent invoice factoring companies. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally founded in 1936. Experience the flexibility of an independent factoring company, but with the affordability and stability of an FDIC insured bank. Jim is the General Manager of altLINE by The Southern Bank. Putting it in simpler terms, when payment is made by check or ACH, the transfer of money from bank. Grey was previously the Director of Marketing for altLINE by The Southern Bank. 2. Here is a quick comparison of 5 best factoring companies. However, AltLINE also works with manufacturing businesses, distributors, and government contractors. With invoice factoring, a business can select which invoices it wants to sell to the factoring company. Map-out how you’ll generate revenue. Jim is the General Manager of altLINE by The Southern Bank. 70% – 85%. Note that factoring is an alternative lending option, which you can actually qualify for even with poor credit. Finding the right financing fit for your client is what brokers do best. altLINE is a part of The Southern Bank Company. The quote request is a simple, straightforward, easy process that can be completed in a few minutes. Sample fees include: 1% per 10 days (3% per month) 0. With business growth comes the need for invoice factoring. Advances up to 90%. Unfortunately, no. Invoice Factoring. 2 and 1. Factoring companies are strategic business partners who have experience working with small and medium-sized businesses. 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. Birmingham is an industrial city on the rise. box. However, before you take the plunge there are some pros and cons you should be aware of. Our team moves quickly so that you can get the cash you need to keep growing your business. 5. BlueVine (United States), altLINE (United States), Triumph Business Capital (United States), RTS Financial (United States), eCapital Corp. It is up to you as a business owner to determine which invoices to sell based on the amount. AltLINE prides itself on serving businesses in a number of industries, in nearly any stage of growth and with a variety of financial needs. AltLINE is a wonderful non-recourse invoice factoring supplier for small company owners looking for a solution with quick payback terms. Factoring for consulting firms through altLINE works by turning unpaid invoices into cash to pay operating expenses and payroll, while fueling company growth. 3. What makes us different? Rates from 0. The Average Small Business Owner Salary Is $69,301. For Staffing Companies. 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. My experience with altLINE's invoice factoring service has been exemplary. The exact timing of your cash advance deposit usually depends on when you complete the treatment in question. 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. altLINE reviews the relevant. For example, an invoice factoring company such as altLINE will run a background check on your business, which includes looking into your creditworthiness. 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. 50%. altLINE advances up to 90% of an invoice — a normal range for invoice factoring providers serving companies with higher monthly revenue. 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. Just like invoice factoring, payroll funding turns a business’s outstanding invoices into cash by selling them to a third party. Basically, their range is below the average for factoring companies. Browse Online Load Boards. Back. 5% – 4. Angela joined altLINE in 2022 after several years of working in digital marketing across various industries including financial services and B2B. Whether you're a banker, a broker or an advisor, altLINE has a program for you. We help provide solutions to customers from a wide variety of sources. 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. Input the factoring rate (sometimes referred to as the interest rate). When these invoices, or accounts receivable, are paid by clients, the money will go to the factor, rather than the small business itself. OTR Solutions – Best for freight companies. altLINE would be the greatest answer for a small company with a high-quality and quick-paying. altLINE Advances Up To 80-90% Of The Invoice Face Value. Advance rate. 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. You can generally expect a factoring rate of 80%-90% of each invoice’s face value and receive the cash advance between 24 and 48 hours of submission to altLINE. It also reaches a maximum of 3%, which is lower than the standard maximum of 5% for the first 30 days. 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. Best for: Fast access to invoice factoring for businesses who need at least $15,000 per month in factoring. Plus, clients can factor invoices in high volumes and get an advance rate of up to 90%! Based on the customer reviews, altLINE’s customer service is top-notch. It is the alternative loan arm of The Southern Bank Company. 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. With a factoring fee of just 1. Both operate on similar principles: Your invoices will go through altLINE for the duration of. The exact timing of our deposit may vary depending on when you complete the job. The business sends an invoice for $75,000 to one of its clients after completing a route. The company offers factoring services to a variety of industries aside from truck companies, making it the best option for virtually any small business. 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. One way to do so is by utilizing debt factoring — a specific form of financing designed to help partners and managers reach short-term business goals and obtain funding without a loan. Its blynk® digital payment system helps trucking companies get paid in minutes. Referral Program for Factoring Brokers. Alternatives To Invoice Factoring Companies for Small BusinessesDifferent factoring companies offer different services at varying pricing rates. Therefore, the factoring transactions require several entries. altLINE is a direct source of funds so we are not exposed to borrowing costs that other independent financing and factoring companies pass on to their clients. The ultimate goal of non-notification factoring is the same as that of traditional invoice factoring – to increase working capital. Grey was previously the Director of Marketing for altLINE by The Southern Bank. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. However, other agreements involve a factoring company merely advancing funds to another company. It’s a particularly popular financing method for small business owners looking to get paid faster and improve cash flow in the. And, unlike other providers that hide a range of fees, our transparent pricing structure keeps you in control of your financing costs. Give altLINE a Call. I found that altLINE had better reviews, was more responsive and more up front than the other providers I spoke with. Stay up-to-date with Factoring Services Market research offered by AMA Research. Factoring with altLINE gets you the working capital you need to keep growing your business. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Spot factoring, also known as single invoice factoring, is a way for companies to improve cash flow without taking out a loan or selling equity. Read on to learn more about the five most common sources of business startup capital. 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. To hire more employees. Fast Approval. At altLINE, we're aware that invoice factoring may not be the best fit for every business. 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 has made invoicing your clients that much easier. Another top asset-based lender is altLINE. 50%. You get a lump sum of between 80-90% of the total invoice value in most cases. However, there is quite a bit of variance from source to source regarding small business. Jim is the General Manager of altLINE by The Southern Bank. 11. Learn more about invoice factoring, alternative financing and other small business finance topics. 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. Through invoice factoring, Hernandez has stabilized D&A’s cash flow and grown her business. Staffing companies often fall victim to long invoice terms and slow-paying customers. Fees for invoice factoring tend to range from 1% to 5% while fees for invoice discounting can range from 1. Launched in 2011 and headquartered in Birmingham, altLINE is committed to providing small and midsized businesses a bank-backed factoring solution that prioritizes transparency, dependability, and customer service. In 2021, the U. Jim is the General Manager of altLINE by The Southern Bank. This lender requires that you are able to factor at least $15,000 per month. It offers the same services as independent factoring companies while. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Spot factoring differs from traditional invoice factoring because it is primarily used to factor a single large invoice, rather than a set of invoices. Back. 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. Financing cash flow is the flow of cash for financing-related matters of a business, including the purchase or sale of stock, paying out dividends to shareholders, and borrowing and paying down debt. 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. As a company grows and experiences an increased need for cash, they will likely seek out various forms of financing. altline allows you to factor what to really want to factor, you can factor high-value invoices. They offer easy approval, low rates, transparency, and are FDIC-insured. 5%. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. With the federal funds rate at its highest since 2007, credit card annual percentage rates, or APRs, are also at record highs. 50%. Rated Top Factoring Company of 2023 Investopedia, TheBalanceSMB, Fundera, Business. 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. The exact timing of your cash deposit generally depends on your customer’s receipt and acknowledgment of. Why We Chose It. It is up to you as a business owner to determine which invoices to sell based on the amount. You would create a sales order for $4,000 and record it as an open sales order. Know your notification date and set up a calendar reminder to review the agreement each year. In addition to working with more clients, D&A was able to open a second location after working with altLINE. 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. Unlike most competitors, altLINE offers a factoring fee starting at 0. If your invoice turnover time is between 30 and 90 days, your receivables are well-positioned for factoring. $10,000,000: 300: View Details. When you are approved, the factoring company sets up a factoring account to handle the transactions. altLINE Advances Up To 80-90% Of The Invoice Face Value. 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. Why factor with altLINE in Florida? Accounts Receivable Financing, or Factoring, is a quick, effective means of infusing your business with cash. The Southern Bank meets. Accounts receivable financing, also called accounts receivable factoring, is the process of financing outstanding invoices in order to access the cash value sooner. What makes us different? Rates from 0. When I was unable to make payroll and could not get a bank loan, I started looking for an invoice factoring partner. While you can continue to send in new referrals and receive a reward for each initial referral funding, you can only. We also soften the financial blow of late customer payments by improving your cash flow. 1/10. In the rare instance your customer never. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. See how bankers, brokers, and financial advisors can partner with altLINE as a part of our referral program. 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. Updated on September 21st, 2023. Rated Top Factoring Company of 2023 Investopedia, TheBalanceSMB, Fundera, Business. Result: The factoring line that was put in place has given the founders to take on growth at a rapid, yet healthy pace. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. The factoring company charges a 3% factor fee for every 30 days it takes your customer to pay the invoice. Florida. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Why We Chose It. altLINE is a top-rated factoring company that doubles as a bank, so you can receive lower rates and greater transparency during the factoring process. Invoice factoring is a solution that turns those invoices into cash immediately. In 2020, truck drivers earned an average of 57 cents per. Record a credit in recourse liability after estimating the bad debts and potential loss. Resources. Debt factoring is based on selling accounts receivables to a third-party debt factoring. Fast Approval. Companies over 2 years old saw just 3% growth in that time. 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. The remaining 10-20% is held in reserve. 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. Many businesses have slow-paying customers and long payment terms, anywhere from 30-90 days, resulting in cash flow problems. Asset-based lending (ABL) is the process of borrowing money that is secured by an asset, or collateral. sobanco) RTS Financial; TCI Business Capital; Riviera Finance; PorterFreight Funding; Factor Funding Company; Fundbox; Comparison Between Best. The exact timing of our deposit may vary depending on when you complete the job. 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%. It’s the ideal choice for businesses with a large volume of invoices to sell. AltLINE offers fast invoice factoring through an online-based process. 75%). Businesses with larger transaction volumes and larger borrowing needs require custom. 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. Factoring with altLINE gets you the working capital you need to keep growing your business. This type of financing is a sale, not a loan. Unlike many factoring companies, altLINE has factoring programs specifically catering to start up businesses and was able to put a facility in place. They’re incredibly unique because they’re a direct financing source, not a middle man. altLINE, which The Southern Bank Company offers a customer financing platform that is founded on accounts receivable. It tends to be more expensive than traditional. Factor Rate: Similar to an interest rate, this determines how much the merchant cash advance will cost. 5%. (United States), OTR. We provide smart,Invoice automation software is the key that unlocks automated invoice processing. Resources. It also offers a high advance rate and low fees, making it our pick as the best provider for businesses seeking large recurring factoring products. We offer customized invoice factoring services for your location – including the states and cities below. Advances up to 90%. 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. Revenue: $5 M. altLINE is a small business factoring solution provided by The Southern Bank. Trusted Bank Since 1936. To compare business strategies for surviving the recent COVID-19 crisis and a typical recession, altLINE analyzed research from the World Bank, data from the Federal Reserve, and news reports. What makes us different? Rates from 0. Read more about all of the business banking resources provided by altLINE. It is the alternative loan arm of The Southern Bank Company. altLINE Advances Up To 80-90% Of The Invoice Face Value. If slow-paying customers are making it difficult to reach your financial goals, a factoring company like altLINE can help. Rates are usually listed as CPM (or cents per mile). 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. altLINE is a direct bank lender and a division of The Southern Bank Company, a community bank originally. Invoice Factoring. The company has grown from no revenue to $500,000 month in billings in the. Just like invoice factoring, payroll funding turns a business’s outstanding invoices into cash by selling them to a third party. Trusted Bank Since 1936. altLINE works with all business types, including startups and companies with poor or limited credit. Breakout Capital – Most flexible invoice factoring company. I found that altLINE had better reviews, was more responsive and more up front than the other providers I spoke with. Lockbox payments are an important aspect of invoice factoring and other financial transactions as they are a quick, secure way to clear checks from customers (account debtors). 1. The fees are modest. Whatever a lender may call it, there are certain things to keep in mind when evaluating options. In invoice factoring relationships, float refers to the difference between the time the finance company receives a payment and when it gives the factoring customer credit for the payment. Power services. 4%. If your customer pays within the first month, the factoring company will charge you 2% of the value, or $1,000. Financing cash inflows and outflows are typically driven by debt and equity financing. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Breakout Capital — Best invoice factoring for startups; altLINE by The Southern Bank — Best for bank invoice factoring; RTS Financial — Best for industry-specific factoring; When it Makes Sense to Invest Into a Factoring Company. Percent of business applications considered likely to become employers: 36. 50%. When I was unable to make payroll and could not get a bank loan, I started looking for an invoice factoring partner. Apex Capital Corp: 24/7 factoring, no required minimum volume, and no long-term contract requirements. 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. Follow the steps below to quickly and easily estimate your factoring fees: Input the value of all the invoices you plan on factoring. 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. 3% processing fee, plus factor fee (~1%) each week until invoice is paid:. Spot factoring, also known as single invoice factoring, is a way for companies to improve cash flow without taking out a loan or selling equity. Show More. We help answer questions about companies, rates, structure & more. 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. AltLINE - Invoice FactoringaltLINE has been wonderful to work with and I’ve always felt confident that they have my back. The Southern Bank has been around for over 80 years so you know you’re in good hands. 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. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. Call the altLINE Factoring Hotline. 75%). 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. Advances up to 90%. 5. 5% for invoices paid within one month and up to 5% for longer repayment periods. To use altLINE’s merchant cash advance calculator, input the following values and then click the “Calculate” button: Merchant Cash Advance Amount: This is the advance amount you expect to receive from an MCA lender. For some businesses, late customer invoice payments leave a lower net profit margin than desired. The Washington Policy Center, a think tank focused on the free market, blames state policies, from local taxes to rules and mandates. altLINE has been in the factoring industry for more than 80 years. Turn your outstanding invoices into cash Give altLINE A Try . Initial Filing Fee / Origination Fee: An initial filing fee (or origination fee) is charged to process the invoice factoring application. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. S. The truck’s odometer is read at the start and end of the trip, and the driver is paid based on the total mileage. In general, the faster a staffing company’s customers pay, the better rate it will receive. 3 Factor Your Invoices. Factors then make money from outstanding invoice. AltLINE offers fast invoice. altLINE Factoring. 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. On average, however, they fund customers about $500,000 per month. Birmingham was founded during the post-Civil War reconstruction era. 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. 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. 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. Our team moves quickly so that you can get the cash you need to keep growing your business. Call us at +1 (205) 607-0811. altLINE — The Lowest Fees. 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. 5%. Non-Recourse Factoring Explained. If you think invoice factoring for your staffing company is a better solution than selling at. If you need to improve your cash flow or have been denied financing from another lender, give altLINE a call at +1 (205) 607-0811 or fill out. The payee is the recipient of a check, or who the check is made payable to. 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 is the commercial financing division of The Southern Bank, which has been in operation for over 84 years. Jim is the General Manager of altLINE by The Southern Bank. A factoring contract is an agreement where a small business sells outstanding invoices to third parties — known as factors — in exchange for upfront cash. ZERO Hidden Fees. Unlike traditional loans, invoice factoring allows one to sell outstanding invoices to a factoring business for instant funding. The exact timing of our cash advance deposit may vary depending on when your customer receives. altLINE partners with lenders nationwide to provide invoice factoring and accounts receivable financing to their small and medium-sized business customers. Input the advance rate, which is typically 80% – 90% but can be as high as 99%. This works in 4 short steps. 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%. Instead of waiting for customer payments, invoice factoring provides cash whenever you need it. The exact timing of your cash advance deposit generally depends on when your customer receives the goods or services you sell. For most factoring companies, lockboxes play a vital role in this process. altLINE Advances 80-90% Of The Invoice Face Value. Factor Fee Speed; Up to 100% of invoice value: Until the customer pays the invoice: Approx. Invoice factoring with altLINE gets you the instant cash you need so you can keep growing your business. Input the factoring rate (sometimes referred to as the interest rate). With an A+ rating from the Better Business Bureau, altLINE is dedicated to providing quality customer service and invoice factoring to small and medium sized businesses across the United States. To report lost or stolen ATM/debit cards, please call 1-866-546-8273 24 hours a day.