A Division of The Southern Bank Company
Serving Our Community for Over 90 Years
Founded in 1936, The Southern Bank has served as a reputable and reliable community lender in its Northeast Alabama footprint for over 90 years. While working locally with small and medium-sized businesses, The Southern Bank recognized the consistent need for non-traditional commercial lines of credit. In response, The Southern Bank developed altLINE, an accounts receivable-based financing platform for commercial customers.
Operating within an FDIC insured and state regulated bank, altLINE provides customers the flexibility of an independent financing company with the cost advantages and service that people expect from a community bank. altLINE partners with commercial bankers, accountants, business advisors, and other intermediaries nationwide to deploy its specialty lending capabilities wherever it may be needed.
To learn how we can help your business or client, visit the altLINE website today or call (205) 607-0811.
How altLINE’s Financing Program Supports Businesses
Supports Startups
Startup companies often have limited financing options. With altLINE, new businesses can access working capital quickly and easily, even if they do not qualify for a loan or line of credit.
Funds High-Growth Businesses
Businesses experiencing high-growth often face cash crunches that make scaling difficult. altLINE provides accessible financing that allows companies to manage increased demand, pay expenses on time, and take on business expansion opportunities.
Bridges the Cash Flow Gap
Long payment terms and slow-paying customers can make it difficult for B2B businesses to manage cash flow while invoices remain outstanding. altLINE helps bridge this gap between needing and receiving cash.
Makes Financing More Accessible
Traditional financing can have stringent qualification criteria, making it difficult for many businesses to get approved. altLINE makes funding more accessible for those that would not typically qualify due to credit and operating history.
