Provider profile · 2026 edition
altLINE review 2026: scores, fees and alternatives.
A US factoring provider that describes itself as a bank and an FDIC-regulated lender, trading with The Southern Bank Company.
WhatsApp and Telegram +44 7563 115980
[email protected]
A US factoring provider that describes itself as a bank and an FDIC-regulated lender, trading with The Southern Bank Company.
altLINE scores 1.9 out of 5 (39 out of 100) in the Buckingham Intelligence Invoice Finance and Factoring Index 2026 and ranks 6 of 10. It is strongest for US businesses wanting factoring from a bank with itemised fees, and its best criterion is published pricing at 4 out of 5. Not published or not stated on the pages read: eligibility, contract terms, regulatory standing, product range and advance and speed.
Scores from the Invoice Finance and Factoring Index 2026.
No award in the Invoice Finance and Factoring Index 2026.
| Segment | Score out of 100 | Rank |
|---|---|---|
| For small B2B suppliers | 40 | 6 of 10 |
| For mid-sized firms | 39 | 8 of 10 |
| For payment and fintech firms | 39 | 6 of 10 |
The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.
Where it scores best, and where to check closely, as shown in each ranking.
US businesses wanting factoring from a bank with itemised fees.
What altLINE publishes on its own pages, read on 26 October 2026.
A US factoring provider that describes itself as a bank and an FDIC-regulated lender, trading with The Southern Bank Company. It publishes an initial fee range, an 80% to 90% advance and an itemised list of the fees it does and does not charge. It does not publish eligibility rules, contract length or recourse terms.
| Fact | What the provider publishes |
|---|---|
| Products | Invoice Factoring, Freight Factoring and Accounts Receivable Financing. |
| Pricing | Initial factoring fee 0.5% to 3.0%; ACH from $0; wire "$15 - $30 per wire transfer"; origination "typically" $150 to $500; no monthly access, credit approval, renewal or same-day funding fees. |
| Advance and speed | "Advance Rate: 80% - 90%"; "Same-Day Funding" advertised; "altLINE does not include float days in our contracts." |
| Eligibility | "No Minimum Credit Score to Qualify"; no volume, country or sector rules published. |
| Contract terms | Contract length and recourse type not stated on the pages read. |
| Regulatory standing | "Unlike other factoring companies, altLINE is a bank"; "FDIC-Regulated Lender"; footer "altLINE | The Southern Bank Company". No security certification stated. |
| Date read | 26 October 2026 |
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 26 October 2026 from: altline.sobanco.com, altline.sobanco.com/invoice-factoring/…, altline.sobanco.com/apply.
Each score with the evidence behind it.
Each criterion is scored 0 to 5 against the best published offer in the Invoice Finance and Factoring Index. 0 means not offered or not published. How it is scored
The other providers in the same ranking, ordered by score.
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| Defacto | 2.8 | 1 of 10 | French firms wanting confidential single-invoice funding with no contract |
| FundThrough | 2.6 | 2 of 10 | US and Canadian suppliers wanting published fees and no obligation to fund every invoice |
| Earlypay | 2.6 | 3 of 10 | Australian firms, including start-ups, wanting a published rate range |
| Ultimate Finance | 2.5 | 4 of 10 | UK B2B suppliers wanting a high advance and a fast set-up |
| Riviera Finance | 2.0 | 5 of 10 | US and Canadian small firms wanting the factor to carry the credit risk |
| KredX | 1.9 | 7 of 10 | Indian suppliers to large companies wanting competing bids from financiers |
| Skipton Business Finance | 1.8 | 8 of 10 | UK firms with sales up to £30m wanting confidential discounting |
| eCapital | 1.7 | 9 of 10 | Larger US, Canadian and UK firms needing big facilities and fast funding |
| Fundbox | 1.2 | 10 of 10 | Small businesses in four countries wanting invoice funding next to other credit |
Side by side on every criterion, fact and award.
Head-to-head comparisons cover pairs within the top five of each ranking. altLINE is compared with its alternatives in the table above.
Tell us what you need and where you operate.