altLINE is a financing solution that offers businesses with different lending options, such as invoice factoring, asset-based lending, and accounts receivable financing. It provides flexible financial assistance to help business owners get back to running their business and accelerate their cash flow. In this article, we cover its pricing options. Ready to get started with altLINE? Get a quote.
Summary of altLINE User Reviews
As of the date this article was written (12/07/18), there are no user reviews of altLINE online. If you are a past or current altLINE customer, leave a review to help other business owners who are deciding whether or not to use the company.
altLINE allows businesses to submit unpaid invoices in exchange for quick cash funding. They charge up to $500 on their origination fee. Users are required to factor at least $30,000 a month, or they will be charged with a $500 fine. altLINE’s discount rate ranges from 0.5% to 5% per invoice.
(depending on invoice value)
The quicker the invoices are paid and the larger the amount factored is on a monthly basis, the lower the fees will be.
Ready to get started with altLINE? Get a quote.
Top Lenders Pick from Fit Small Business
6 Best Invoice Factoring Companies 2018 — With invoice factoring, your unpaid invoices are converted into immediate cash through an advance of 80 to 90 percent of the total amount owed. We reviewed invoice factoring companies to find the six best factoring companies based on funding amount, advance rate, discount rate, fees, ease of application, and other criteria.
Check out the list below of some of altLINE’s features:
- FDIC Insured
- Bank Regulated
- No Hidden Fees
- No Middleman
- Responsive Staff and Customer Service
What are altLINE’s repayment terms and schedule?
What are the requirements I need to submit when asking for a quote from altLINE?