Altline Write For Us
The Altline is Fianacing Firm. AltLINE is an accounts receivable financing platform owned by The Southern Bank. It is a bank-based factoring company, which means that it is a direct source of funds for businesses.
Policy Of Altline financing
- Invoice factoring
- Invoice discounting
- Asset-based lending
The Altline Finance Firm
Invoice Factoring is the most common type of accounts receivable financing. With invoice factoring, altLINE will purchase your unpaid invoices at a discounted rate. This gives you access to cash immediately, without having to wait for your customers to pay.
Invoice Discounting is related to invoice factoring, but with invoice discounting, you retain ownership of the invoices. altLINE will advance you a portion of the invoice amount, and you will then repay the advance plus interest when the invoice is paid.
Asset0 Based lending type of financing is secured by your business assets, such as inventory or equipment. This can be a good option for businesses that have difficulty qualifying for traditional financing.
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