altLINE

At a glance

• Editor score
  6.8 / 10
• Pricing
  Pricing on request
• Best for
  SMEs, especially trucking firms needing factoring
• Maximum advance rate
  90 %
• Founded
  1936
• Facts checked
  29 Sep 2026

• Where it wins

  • Advances typically cover 80%–90% of invoice value
  • Same-day or within-24-hour funding options
  • Collections support, credit checks, and an account manager

• Where it doesn't

  • Factoring terms and fees are customized, requiring a quote
  • Factoring is with recourse
  • Integrations are not listed

Our verdict on altLINE

altLINE is the accounts-receivable financing division of The Southern Bank Company, offering invoice factoring and other receivables-based funding to small and growing B2B businesses. Its freight factoring option makes it relevant to trucking firms with outstanding invoices to finance. Rather than a software subscription, the service advances funds against invoices and handles collections, then releases the remaining balance less a factoring fee. The company was founded in 1936, and its bank affiliation is part of its positioning.

The factoring model combines financing with receivables operations. Advances typically cover 80%–90% of invoice value, and funding options include same-day or within-24-hour payment. altLINE also offers customer or debtor credit checks and back-office support, with a dedicated account manager and onboarding specialist. Those services may suit a small or mid-market business that wants help managing invoice collection alongside access to working capital. It is a focused financial service rather than a broad invoicing or accounting platform; its listed platform is web-based, and integrations are not listed.

According to the published terms, funding speed and advance rates vary by industry and agreement. Fees and terms are customized based on invoice and debtor characteristics, with quotes obtained through application forms, so businesses should compare the proposed percentage fee and recourse terms against their cash-flow needs. The financing is with recourse, and there is no minimum credit score requirement stated. altLINE is a fit for SMEs, particularly trucking companies seeking factoring plus collections support; businesses looking for non-recourse financing, fixed self-serve pricing, or software integrations should consider alternatives.

altLINE pricing

altLINE fact sheet

Alternatives to altLINE

• CSCommBank Stream Working CapitalA bank lending facility that turns eligible unpaid invoices into working capital.9.0
• HSHSBC Supply Chain FinanceA buyer-led financing programme for larger supply chains, not a self-serve receivables tool.8.2
• HTHSBC TradeCashSelective, multi-currency invoice financing for eligible HSBC Australia customers.7.7

See all altLINE alternatives →

altLINE vs the competition

• ACSaltLINE vs CommBank Stream Working Capital
• AHSaltLINE vs HSBC Supply Chain Finance
• AHTaltLINE vs HSBC TradeCash
• AFaltLINE vs FundThrough
• AFIaltLINE vs Fundbox Invoice Financing
• AFaltLINE vs Factris

Compare altLINE with any tool side by side →

Featured on iTechGuides

altLINE is listed in our Invoice Financing Software directory. Add the badge to your site — it links back to this page.

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Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026

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Last updated 29 Sep 2026 · How we research and update