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12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 1/8
AltLine Reviews
For more details on Factoring
Click here
Best account receivable based financing
AltLine by the Southern Bank company was founded in 1936 Jan 1, in Gadsden, AL .
Altline allows business to sell their freight invoices before their due date at a fee or
commission. This provides working capital or liquidity for trucking businesses.
altline customer or client requirement for factoring contract approval :
1. Business revenue: $15000 in factored invoices
2. Time in business: Not applicable
3. Credit scores: Not applicable
4. Additional qualifications: No
altline other customer or client requirements for factoring contract approval:
1. Should be a B2B business
2. Only one bankruptcy within the previous 12 months, multiple bankruptcies are not
allowed
3. No prior felonies committed
4. No invoices with payment terms longer than 90 days
altline commission and interest rates:
Credit Facility Size: Up to $4 million per month
Advance Rate: 80%-90%
Discount Rate: 0.5%-5% (upper limit includes late fees)
Max Overdue Account: 90 days; 135 days for invoices made to large corporations
Additional Fees: Expedited funding adds 1%
Contract Length: 12 months
Monthly Minimums: $15,000-$20,000
Factor All Invoices: No
4.2
4.2 out of 5 stars (based on 5 reviews)
Excellent 20%
Very good 80%
Average 0%
Poor 0%
Terrible 0%


12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 2/8
Recourse Or Non-Recourse: Recourse
Notification Or Non-Notification: Notification
After factoring with altline you get an advance rate of 80 to 90%, which is in a range of
$30,000 to $ 5 million. The money will be advanced you in 24hrs. An 80% advance rate is the
lower end of the spectrum and a 90% advance will help you to avoid cash flow or liquidity
problems.
Most of the factors charge 1 to 5% of each invoice as factoring commission. The factoring rate
for altline starts at 0.75% to 3.5%. The low starting rate is the best in the industry, but the
actual rate charged depends on your trucking business and specific needs.
There are 3 different account-based lending products offered by atline asset-based lending,
accounts receivable financing, and invoice factoring. altline will customize its financial
product based on your specific needs and requirements.
altline has both contract lengths and monthly minimum, but it doesn’t require you to factor
in all of your invoices every month. But it won’t enter into a contract with a company with less
than $15000/month of invoices or accounts receivables. For the length of 12 months (which is
the contract term) you agree by signing the contract that the altline would be your exclusive
factor.
altLINE will usually allow a customer to exit the contract within the first two months if there’s
a good reason.
The application process for altline factoring:
altline doesn’t charge an application fee, for joining its factoring program. You can determine
what your factoring rate will look like by requesting a free quote and details on its website.
The quote request is a simple, straightforward, easy process that can be completed in a few
minutes.
Ease of Application
Like most factoring companies, altLINE does not charge an application fee. You can request a
free quote from altLINE’s website to determine what your rate will look like. The process is
straightforward, simple, and can be completed in just a few minutes.
Once the quote is raised, an altline loan specialist will work with you to determine if factoring
is the right service for your particular business needs. If you find invoice factoring to be the
right service for now, you need to fill up an application. You don’t have to prepare a large
amount of documentation for altline membership, as your customer credit score is their
prime focus.
Once the invoice factoring application is filed it take seven days to process and approve it,
which is longer than the industry average. After approval invoices submitted are advanced in
24 hours.
Customer Support and Service:
Customer support is easy to access, robust and helpful. Because of this altline has a good
reputation for providing top-notch support in the industry. We found that we are really
helpful, and considerate and they are not salesy at all, they really help you solve your problem
or challenge, by providing quality, concise and impactful information.
As of Aug 10, 2022, a line has an A+ accreditation with the Better Business Bureau. We posed
as customers and enquirers with questions their service was easy to connect, transparent,
and helpful and they provided detailed information on their website.
These are features that give altline brownie points:
Pricing of factoring: The commission or cut is affordable and pleasing to the truckers and
owner operators.
Customer service: We found in our connection with altline that their customer service is
pleasing, problem-solving, and considerate. Their customer service is excellent and they have
thorough communication skills and they are also very responsive.

12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 3/8
Reporting: Reporting system that altline has is very comprehensive and responsive.
Customers point out these in their reviews. The customers are kept in the loop about their
accounts.
Easy Onboarding: Several customers found altLINE’s application process surprisingly easy
and painless.
altline factoring Limitations:
Our reviewers found that the only concern about altline is that they don’t provide
nonrecourse factoring. This means you as a trucking company is at the risk of account
chargeback if your customer does not pay on time. Nonrecourse factoring is pricey and has
too many strings attached, this creates inflexibility for your company.
Some potential stuff to look out for from altline include:
The pace of funding: To get fast funds you need to pay an extra 1% as a fee, the altline is not
the best in business when it comes to funding speed.
Customer Service size: Size and quality of customer service is an issue, it is hard to reach
sometimes, and it seems like the customer service is smaller compared to other factors.
Qualification: Very small companies in the B2B sector with invoice sizes less than $150,00
may not qualify.
Also, another issue with altline we found was that it takes 7 days to process and approve a
factoring application, which is far too long. But after approval of the account or after the first
invoice is processed, the second invoice takes less than 24 hours for the invoice money to be
credited to your account which is the industry standard
If you are looking for a Recourse factoring altline is one of the best options
altLINE is an excellent alternative lender with excellent factoring services. The sole complaint
we found out is that initial funding can take up to seven days as the company finalizes your
agreement and sets up your account. However, after your first invoice has been factored in,
subsequent invoices take less than 24 hours to advance funds, which is the industry
standard.
Is altline factoring right for your business:
altline by Southern Bank is easy to approach, comprehensive, and responsive brand which
helps you to get liquidity form a great alternative lending brand.
altline allows you to factor what to really want to factor, you can factor high-value invoices.
The rates a good and reasonable. The qualifications are forgiving and flexible, but very small
businesses may not be able to meet the monthly minimum qualifications.
Overall, altLINE is a handy service that comes with minimal risk, and it’s just getting starting.
altline has high-quality customer service and prices make it a preferred solution for small
businesses.
Customer service is outstanding, the customer service team is knowledgeable and helpful,
and always willing to go the extra mile when offering support.
Our reviewers found that the only concern about altline is that they don’t provide
nonrecourse factoring. This means you as a trucking company is at the risk of account
chargeback if your customer does not pay on time. Nonrecourse factoring is pricey and has
too many strings attached, this creates inflexibility for your company.
If you are looking for a Recourse factoring altline is one of the best options.
User Reviews of altLine
Get Instant Factoring Quotes 

12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 4/8
Recent Reviews
Good factoring company
Review of altLine Reviews
customer services is good. They treat me so well and AR team is so good.
Jackson
Good Support
Review of altLine Reviews
Great company to work with.
James
I RECOMMEND
Review of altLine Reviews
I highly recommend them , Their factoring rates are competitive.
They are quick to respond any inquires and willing to work with us. 100% Costumer Service.
have just started business , hope there wont be any hidden charges in future .
Gracelia Jones
The service was good
Review of altLine Reviews
Great customer experience from start to finish.
Dunia
altline
Review of altLine Reviews
Creditworthy, dedicated, and robust factoring provider backed by The Southern Bank.
Shelly Frank
Write a Review
You must be logged in to submit a review.
Get RIGHT Factoring Plan BEST for Your Trucking Business– Apply now for
MaxTruckers Consultation
4.2
4.2 out of 5 stars (based on 5 reviews)
Excellent 20%
Very good 80%
Average 0%
Poor 0%
Terrible 0%

12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 5/8
For Free Consultation
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Product Pricing
Dispatch
1. Dispatch ; Loads Just @ $49/Week/Truck + 5% of the previous week’s gross revenue
Fuel Card
1. TCS: 42 cents per gallon for Q3 of 2023
2. RoadEX Fuel Credit Card; up to $6000 / per week

12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 6/8
LoadBoard
$45 Per Month (Get 10% off on your first 12 months)
DAT TruckersEdge provides carriers access to the trusted DAT ® Network, North America’s largest
marketplace for freight loads and trucks, with over 900,000 loads posted daily. With TruckersEdge, you
get unlimited searching and posting, instant alarm match notification, broker credit scores and days to pay,
market rates, mileage routing, and much more.
Avail your Offer Now
$180 Per Month (Get 10% off on your first 12 months)
$145 Per Month (Get 10% off on your first 12 months)
Rated Top 5 Dispatchers In USA
James Birdine II
Nick was a
wonderful agent
Nick was a wonderful
agent, very
professional and
informative. He has a
lot of patience and
was very helpful.






Nataya Martinez
I Signed Up With
MT. Nick made..
Great company to
work with. Nick was a
big help helping me
get everything
started. All
applications were
easy and self






Jami Johnson
Big thanks to
Ruby S
Big thanks to Ruby S.
What an awesome
person to have
representing Max
Truckers! Ruby was
not pushy at even
after spending ample






Saieh Ghavami
Been working with
Jenny for awhile
Been working with
Jenny for awhile,
always reliable and I
am looking forward to
doing more business!






Rick D
My exper
max truck
My experie
max trucke
Excellent f
finish. Mrs
my opinion
best helpe
received fr




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


12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 7/8
Testimonials


Email address
Subscribe to our Newsletter
General Queries: ruby@maxtruckers.com
Service Queries: +1 (909) 296 – 6688
REGISTERED ADDRESS
8 The Green, STE A, Dover, Kent, Delaware City, DE, United States, 19901
WORKING HOURS
Monday – Friday (09:00 AM – 06:00 PM EST) Saturday & Sunday – Closed
QUICK LINKS
Dispatch Service | Fuel Card | Load Board | About US | Contact Us
      
© Copyright 2023 Max Truckers Pvt Ltd. All Rights Reserved.
Read more>>
Date of experience:
September 15, 2023
explanatory.
Date of experience:
June 21, 2023
time explaining my
different options. Read
more>>
Date of experience:
April 20, 2022
Date of experience:
May 22, 2023
active asso
company.
more>>
Date of ex
June 22, 2

12/7/23, 12:14 PM altLine Reviews - max truckers
https://www.maxtruckers.com/altline-review/ 8/8
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altLine Reviews - max truckers.pdf

  • 1. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 1/8 AltLine Reviews For more details on Factoring Click here Best account receivable based financing AltLine by the Southern Bank company was founded in 1936 Jan 1, in Gadsden, AL . Altline allows business to sell their freight invoices before their due date at a fee or commission. This provides working capital or liquidity for trucking businesses. altline customer or client requirement for factoring contract approval : 1. Business revenue: $15000 in factored invoices 2. Time in business: Not applicable 3. Credit scores: Not applicable 4. Additional qualifications: No altline other customer or client requirements for factoring contract approval: 1. Should be a B2B business 2. Only one bankruptcy within the previous 12 months, multiple bankruptcies are not allowed 3. No prior felonies committed 4. No invoices with payment terms longer than 90 days altline commission and interest rates: Credit Facility Size: Up to $4 million per month Advance Rate: 80%-90% Discount Rate: 0.5%-5% (upper limit includes late fees) Max Overdue Account: 90 days; 135 days for invoices made to large corporations Additional Fees: Expedited funding adds 1% Contract Length: 12 months Monthly Minimums: $15,000-$20,000 Factor All Invoices: No 4.2 4.2 out of 5 stars (based on 5 reviews) Excellent 20% Very good 80% Average 0% Poor 0% Terrible 0%  
  • 2. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 2/8 Recourse Or Non-Recourse: Recourse Notification Or Non-Notification: Notification After factoring with altline you get an advance rate of 80 to 90%, which is in a range of $30,000 to $ 5 million. The money will be advanced you in 24hrs. An 80% advance rate is the lower end of the spectrum and a 90% advance will help you to avoid cash flow or liquidity problems. Most of the factors charge 1 to 5% of each invoice as factoring commission. The factoring rate for altline starts at 0.75% to 3.5%. The low starting rate is the best in the industry, but the actual rate charged depends on your trucking business and specific needs. There are 3 different account-based lending products offered by atline asset-based lending, accounts receivable financing, and invoice factoring. altline will customize its financial product based on your specific needs and requirements. altline has both contract lengths and monthly minimum, but it doesn’t require you to factor in all of your invoices every month. But it won’t enter into a contract with a company with less than $15000/month of invoices or accounts receivables. For the length of 12 months (which is the contract term) you agree by signing the contract that the altline would be your exclusive factor. altLINE will usually allow a customer to exit the contract within the first two months if there’s a good reason. The application process for altline factoring: altline doesn’t charge an application fee, for joining its factoring program. You can determine what your factoring rate will look like by requesting a free quote and details on its website. The quote request is a simple, straightforward, easy process that can be completed in a few minutes. Ease of Application Like most factoring companies, altLINE does not charge an application fee. You can request a free quote from altLINE’s website to determine what your rate will look like. The process is straightforward, simple, and can be completed in just a few minutes. Once the quote is raised, an altline loan specialist will work with you to determine if factoring is the right service for your particular business needs. If you find invoice factoring to be the right service for now, you need to fill up an application. You don’t have to prepare a large amount of documentation for altline membership, as your customer credit score is their prime focus. Once the invoice factoring application is filed it take seven days to process and approve it, which is longer than the industry average. After approval invoices submitted are advanced in 24 hours. Customer Support and Service: Customer support is easy to access, robust and helpful. Because of this altline has a good reputation for providing top-notch support in the industry. We found that we are really helpful, and considerate and they are not salesy at all, they really help you solve your problem or challenge, by providing quality, concise and impactful information. As of Aug 10, 2022, a line has an A+ accreditation with the Better Business Bureau. We posed as customers and enquirers with questions their service was easy to connect, transparent, and helpful and they provided detailed information on their website. These are features that give altline brownie points: Pricing of factoring: The commission or cut is affordable and pleasing to the truckers and owner operators. Customer service: We found in our connection with altline that their customer service is pleasing, problem-solving, and considerate. Their customer service is excellent and they have thorough communication skills and they are also very responsive. 
  • 3. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 3/8 Reporting: Reporting system that altline has is very comprehensive and responsive. Customers point out these in their reviews. The customers are kept in the loop about their accounts. Easy Onboarding: Several customers found altLINE’s application process surprisingly easy and painless. altline factoring Limitations: Our reviewers found that the only concern about altline is that they don’t provide nonrecourse factoring. This means you as a trucking company is at the risk of account chargeback if your customer does not pay on time. Nonrecourse factoring is pricey and has too many strings attached, this creates inflexibility for your company. Some potential stuff to look out for from altline include: The pace of funding: To get fast funds you need to pay an extra 1% as a fee, the altline is not the best in business when it comes to funding speed. Customer Service size: Size and quality of customer service is an issue, it is hard to reach sometimes, and it seems like the customer service is smaller compared to other factors. Qualification: Very small companies in the B2B sector with invoice sizes less than $150,00 may not qualify. Also, another issue with altline we found was that it takes 7 days to process and approve a factoring application, which is far too long. But after approval of the account or after the first invoice is processed, the second invoice takes less than 24 hours for the invoice money to be credited to your account which is the industry standard If you are looking for a Recourse factoring altline is one of the best options altLINE is an excellent alternative lender with excellent factoring services. The sole complaint we found out is that initial funding can take up to seven days as the company finalizes your agreement and sets up your account. However, after your first invoice has been factored in, subsequent invoices take less than 24 hours to advance funds, which is the industry standard. Is altline factoring right for your business: altline by Southern Bank is easy to approach, comprehensive, and responsive brand which helps you to get liquidity form a great alternative lending brand. altline allows you to factor what to really want to factor, you can factor high-value invoices. The rates a good and reasonable. The qualifications are forgiving and flexible, but very small businesses may not be able to meet the monthly minimum qualifications. Overall, altLINE is a handy service that comes with minimal risk, and it’s just getting starting. altline has high-quality customer service and prices make it a preferred solution for small businesses. Customer service is outstanding, the customer service team is knowledgeable and helpful, and always willing to go the extra mile when offering support. Our reviewers found that the only concern about altline is that they don’t provide nonrecourse factoring. This means you as a trucking company is at the risk of account chargeback if your customer does not pay on time. Nonrecourse factoring is pricey and has too many strings attached, this creates inflexibility for your company. If you are looking for a Recourse factoring altline is one of the best options. User Reviews of altLine Get Instant Factoring Quotes  
  • 4. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 4/8 Recent Reviews Good factoring company Review of altLine Reviews customer services is good. They treat me so well and AR team is so good. Jackson Good Support Review of altLine Reviews Great company to work with. James I RECOMMEND Review of altLine Reviews I highly recommend them , Their factoring rates are competitive. They are quick to respond any inquires and willing to work with us. 100% Costumer Service. have just started business , hope there wont be any hidden charges in future . Gracelia Jones The service was good Review of altLine Reviews Great customer experience from start to finish. Dunia altline Review of altLine Reviews Creditworthy, dedicated, and robust factoring provider backed by The Southern Bank. Shelly Frank Write a Review You must be logged in to submit a review. Get RIGHT Factoring Plan BEST for Your Trucking Business– Apply now for MaxTruckers Consultation 4.2 4.2 out of 5 stars (based on 5 reviews) Excellent 20% Very good 80% Average 0% Poor 0% Terrible 0% 
  • 5. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 5/8 For Free Consultation Previous Triumph Business Capital Review Next TAFS Factoring Review   Product Pricing Dispatch 1. Dispatch ; Loads Just @ $49/Week/Truck + 5% of the previous week’s gross revenue Fuel Card 1. TCS: 42 cents per gallon for Q3 of 2023 2. RoadEX Fuel Credit Card; up to $6000 / per week 
  • 6. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 6/8 LoadBoard $45 Per Month (Get 10% off on your first 12 months) DAT TruckersEdge provides carriers access to the trusted DAT ® Network, North America’s largest marketplace for freight loads and trucks, with over 900,000 loads posted daily. With TruckersEdge, you get unlimited searching and posting, instant alarm match notification, broker credit scores and days to pay, market rates, mileage routing, and much more. Avail your Offer Now $180 Per Month (Get 10% off on your first 12 months) $145 Per Month (Get 10% off on your first 12 months) Rated Top 5 Dispatchers In USA James Birdine II Nick was a wonderful agent Nick was a wonderful agent, very professional and informative. He has a lot of patience and was very helpful.       Nataya Martinez I Signed Up With MT. Nick made.. Great company to work with. Nick was a big help helping me get everything started. All applications were easy and self       Jami Johnson Big thanks to Ruby S Big thanks to Ruby S. What an awesome person to have representing Max Truckers! Ruby was not pushy at even after spending ample       Saieh Ghavami Been working with Jenny for awhile Been working with Jenny for awhile, always reliable and I am looking forward to doing more business!       Rick D My exper max truck My experie max trucke Excellent f finish. Mrs my opinion best helpe received fr        
  • 7. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 7/8 Testimonials   Email address Subscribe to our Newsletter General Queries: ruby@maxtruckers.com Service Queries: +1 (909) 296 – 6688 REGISTERED ADDRESS 8 The Green, STE A, Dover, Kent, Delaware City, DE, United States, 19901 WORKING HOURS Monday – Friday (09:00 AM – 06:00 PM EST) Saturday & Sunday – Closed QUICK LINKS Dispatch Service | Fuel Card | Load Board | About US | Contact Us        © Copyright 2023 Max Truckers Pvt Ltd. All Rights Reserved. Read more>> Date of experience: September 15, 2023 explanatory. Date of experience: June 21, 2023 time explaining my different options. Read more>> Date of experience: April 20, 2022 Date of experience: May 22, 2023 active asso company. more>> Date of ex June 22, 2 
  • 8. 12/7/23, 12:14 PM altLine Reviews - max truckers https://www.maxtruckers.com/altline-review/ 8/8 