Company profile
altLINE
Public disclosure profile. This page does not rate, rank, endorse, or collect applications for altLINE.
Public data fields
Headquarters
Not publicly disclosed
Industries served
Small-business invoice factoring is publicly described; industry eligibility should be verified.
Recourse availability
Small-business recourse factoring is publicly described; broader structures should be verified.
Non-recourse availability
Not publicly disclosed
Fuel advance availability
Not publicly disclosed
Same-day funding claims
Not publicly disclosed
Advance rate
Public small-business materials describe example advance-rate ranges; actual rate varies by customer and contract.
Fees
Public small-business materials describe example fee ranges; actual cost varies by invoice, debtor, and contract.
Contract length
Not publicly disclosed
Publicly disclosed information
- Official pages describe invoice factoring services through The Southern Bank Company.
- Public small-business materials disclose example ranges for certain programs.
Not publicly disclosed
- Applicant-specific effective factoring fee and all add-on charges.
- Final advance rate for a particular customer, invoice, and debtor.
- Contract length, renewal, termination fee, and minimum-volume obligations unless stated in the agreement.
- Complete recourse exceptions, chargeback triggers, reserve hold rules, and UCC filing scope.
Contract terms to verify
- Whether invoices are purchased with recourse, limited recourse, or non-recourse terms.
- Advance-rate formula, reserve percentage, fee accrual period, and all additional charges.
- Reserve release timing after customer payment, including offsets and short-pay handling.
- Minimum monthly volume, monthly minimum fee, term length, renewal process, and notice deadline.
- UCC filing scope, lien release process, bank-affiliation lien handling, and collection control.
- Chargeback, dispute, concentration-limit, and debtor-credit-limit rules.
Questions to ask before signing
- Which contract section controls recourse and chargebacks?
- What fee period applies if the customer pays late?
- How soon is reserve released after full customer payment?
- Are there monthly minimums, early termination fees, or renewal windows?
- Does bank affiliation affect the UCC filing or lien release process?
- Will customers receive a notice of assignment, and who controls collections?
Source notes
- Public profile uses official altLINE pages operated through The Southern Bank Company.
- Bank-affiliated small-business factoring is publicly described; contract terms still require direct verification.
- No rating, review, approval claim, or provider endorsement is inferred from these sources.
Related reading
Sources
- altLINE by The Southern Bank Company - altLINE. Accessed 2026-05-19.
- altLINE Small Business Factoring - altLINE. Accessed 2026-05-19.
- altLINE About - altLINE. Accessed 2026-05-19.
Financial disclaimer. This page is educational only and is not financial, legal, tax, accounting, or credit advice. Factoring terms vary by provider and contract. Read the full disclaimer.