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The Southern Bank Company

Services and Terms

The Southern Bank Company is a specialty lender in Birmingham, Alabama that provides invoice factoring and accounts receivable financing.

Financial Products

Products offered:

Asset based lending Bank financing Invoice factoring Term loans

Featured Services

No startup fees Non-recourse factoring

Standard Terms

The Southern Bank Company is an Alabama factoring company.

Jim Pendergast

VP Business Development

Company Details

The Southern Bank Company is a national specialty lender in Birmingham, Alabama. In addition to conventional products and services, The Southern Bank’s specialty lending group altLINE provides working capital to clients with traditionally “non-bankable” credit profiles.

altLINE provides customers the flexibility of an independent financing company with the cost advantages and service people expect from a community bank. While each financing package is unique, our focus is small businesses with annual revenues between $1,000,000 to $25,000,000.

The Southern Bank provides these invoice factoring benefits:

  • Receivables management
  • Same day funding
  • No hidden fees
  • No monthly minimums

As your partner, we consider ourselves an extension of your business. Responsive and professional, our team is ready to support your company’s goals by providing credit verifications, monitoring receivables and collections, and helping strengthen back office operations.

The Southern Bank Company on the map

The Factoring Club Advantage

Personalized Matching

We offer a personalized and human-centric approach to match your business with the ideal factoring company. Our team takes the time to understand your unique requirements and industry, ensuring a tailored recommendation.

Expert Guidance

With over 25 years of industry experience, our team provides expert guidance throughout your factoring journey. We help you understand terms, fees, and contract details, empowering you to make informed decisions.

Time and Hassle Savings

Say goodbye to the complexity and time-consuming process of searching for a factoring company. We streamline your search, saving you time and ensuring a smooth and efficient experience.

Extensive Network

Gain access to our extensive network of over 100 reputable factoring companies. Whether you're a small business or a larger enterprise, we connect you with partners that align with your size, industry, and financial goals.

The Southern Bank Company is an Alabama factoring company.

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