altLINE (The Southern Bank) alternatives

While altLINE (The Southern Bank) has established itself as a traditional provider of business lines of credit, modern B2B companies are discovering superior alternatives that offer faster implementation, transparent pricing, and AI-powered underwriting. From Resolve's non-recourse financing to innovative fintech platforms, these solutions deliver the working capital and payment flexibility businesses need without the complexity and limitations of conventional bank financing.

Key Takeaways

• Non-recourse financing eliminates risk: Resolve provides non-recourse financing with the option to advance up to 100% of approved invoices, ensuring what you get is always yours to keep
• AI underwriting transforms approval speed: Modern platforms can deliver faster credit decisions than traditional banks, with Resolve's proprietary models evaluating thousands of buyer data points
• Implementation happens in days, not months: Resolve can integrate with existing systems faster than traditional implementations versus traditional bank solutions requiring extensive documentation and weeks of waiting
• SMB-focused solutions fill market gaps: While traditional banks often require extensive financial history and collateral, Resolve serves businesses of all sizes with accessible pricing and scalable solutions
• Comprehensive platform approach: Resolve combines embedded credit expertise, embedded invoice financing, and embedded payments into a single platform, eliminating the need for multiple vendors
• Flexible net terms drive sales growth: Offering Net terms options through Resolve enhances buyer loyalty and unlocks more revenue through repeat purchases and larger orders

1. Resolve — AI-Powered Net Terms Without the Risk

Resolve emerges as the premier altLINE alternative by completely eliminating merchant risk through its 100% non-recourse financing model. Built by fintech and payments veterans with a vision to streamline B2B commerce, Resolve brings sophisticated fintech innovation to businesses of all sizes.

Key Features:

• 100% non-recourse financing with zero merchant risk
• Fast credit decisions using proprietary underwriting
• Net 30, 60, or 90-day payment terms
• Up to 100% advance payment as fast as the next business day
• Fees vary by risk profile and term length
• Leading platform integrations including QuickBooks, Xero, NetSuite, and Magento
• White-label payment portal for customers

Pricing Structure:

• Fees typically vary based on risk profile, term length, and advance percentage
• No monthly minimums or setup fees
• Credit card fees passed on to buyers through the online payment portal
• Custom pricing for enterprise volumes

The platform's AI-powered AR reconciliation reduces manual work by automating the entire net terms workflow from invoice to payment. Resolve's experts combine payments and credit experience to deliver deeper credit insights than traditional bureaus, evaluating a wide range of buyer and business signals to generate dynamic, scalable credit decisions.

Unlike traditional bank lines of credit that require extensive documentation, personal guarantees, and collateral, Resolve can often start a credit evaluation using basic business identifiers (like a business name and address), depending on the buyer and scenario. The platform currently serves over 15,000 businesses and advances payment on approved invoices so companies can fund operations without waiting for customer payments.

Resolve's comprehensive approach combines previously disparate resources needed to facilitate B2B commerce into a single platform: embedded credit expertise, embedded invoice financing, and embedded payments. This holistic solution allows businesses to offer net terms while protecting cash flow, with Resolve managing the credit approval, underwriting, and collections process.

The B2B payments landscape has transformed dramatically according to Federal Reserve research, with AI-powered automation and non-recourse financing becoming essential for growing companies. While traditional banks like altLINE maintain their positions as established lenders, modern alternatives stand out for their unique strengths and compelling value propositions that address the specific needs of today's B2B businesses.

2. Fundbox — Quick Capital for Small Businesses

Fundbox occupies a distinct niche providing credit lines from $1,000 to $150,000 for small businesses that traditional lenders often overlook. Since 2013, the platform has provided over $6 billion in funding to 500,000+ businesses, focusing on speed and accessibility over traditional underwriting criteria.

Platform Strengths:

• Instant decisions with next-day funding
• Credit lines up to $150,000
• 12, 24, or 52-week repayment terms
• No personal guarantee required for qualified applicants
• Simple online application process
• Mobile app for account management

Cost Considerations:

• Fees assessed per draw as a total percentage—typically starting around 4.66% for a 12-week plan
• Effective APR often exceeds 35%
• $50 late payment fees plus potential NSF charges
• Higher cost compared to traditional bank financing

While Fundbox provides critical funding when banks won't help, the high cost structure makes it less suitable for businesses with consistent cash flow needs. The platform serves as a bridge solution for immediate working capital requirements rather than a comprehensive B2B payments strategy.

3. Bill.com — Comprehensive Financial Automation

Bill.com has built a substantial B2B payment network with hundreds of thousands of business customers, providing comprehensive accounts payable and receivable automation beyond traditional credit facilities. The publicly traded company offers a mature platform that can replace multiple financial systems.

Core Capabilities:

• Automated invoice processing with OCR technology
• Customizable approval workflows
• Credit lines from $1,000 to $5 million
• Two-way sync with QuickBooks and Xero
• Mobile app for on-the-go approvals
• Strong accounting firm partnerships

Pricing Model:

• Tiered subscription pricing starting around $45/user/month
• Additional transaction fees apply
• Enterprise plans available with custom pricing
• Volume-based discounts for high-usage customers

Bill.com's broad scope includes features that may be unnecessary for businesses specifically seeking net terms financing. The network effect benefits companies wanting comprehensive financial automation, but those focused specifically on B2B payments and net terms will find more specialized solutions elsewhere.

4. Versapay — AR Automation Focus

Versapay takes a fundamentally different approach by focusing exclusively on accounts receivable automation rather than credit extension. Processing billions annually across millions of transactions, Versapay serves thousands of customers with a collaborative AR platform designed to improve cash flow through efficiency.

Platform Features:

• High customer portal adoption rates
• AI-powered cash application with advanced matching
• Real-time dispute resolution
• Native ERP integrations including NetSuite and Dynamics 365
• Automated payment reminders
• Level 2/3 credit card processing optimization

Subscription Structure:

• Mid-market pricing averaging several thousand dollars annually
• Enterprise plans available for larger organizations
• Additional payment processing fees based on volume and method
• Custom pricing for high-volume customers

Versapay excels at AR automation but doesn't provide the same financing capabilities as Resolve. Companies specifically seeking net terms financing will need to pair Versapay with another solution.

5. Behalf — B2B Financing for Online Purchases

Behalf provides B2B financing specifically designed for online purchases, offering a digital alternative to traditional purchasing cards and lines of credit. The platform focuses on enabling businesses to make purchases online with flexible payment terms.

Service Highlights:

• Financing for online B2B purchases
• Credit lines up to $100,000
• 3, 6, or 12-month repayment terms
• Integration with e-commerce platforms
• Instant credit decisions for qualified applicants

Pricing Considerations:

• Interest rates and fees vary based on creditworthiness
• Effective APR can be substantial for shorter terms
• No financing for offline or traditional invoicing scenarios
• Limited to purchases made through integrated merchants

Behalf's focus on online purchases makes it less suitable for businesses with complex B2B sales processes involving custom quotes, offline negotiations, or traditional invoicing.

6. Slope — Enterprise B2B Payments

Slope represents the next evolution in B2B payments with institutional backing and advanced AI capabilities. Founded by Y Combinator alumni, the company has raised significant funding to build a modern B2B payments platform targeting enterprise customers.

Advanced Capabilities:

• 10-30 second approval decisions with proprietary AI
• Cash flow underwriting beyond traditional credit scores
• Net 30, 60, and installment plans up to 90 days
• Zero risk to merchants (non-recourse)
• Enterprise-grade security and compliance

Pricing Approach:

• Custom pricing based on volume and risk profile
• No published merchant discount rates
• Volume-based discounts available
• Enterprise pricing requires direct consultation

While Slope offers non-recourse financing similar to Resolve, Resolve's longer track record serving over 15,000+ businesses and comprehensive integration with leading e-commerce and accounting platforms provides more proven reliability for businesses of all sizes.

Resolve's Comprehensive Approach to Modern B2B Payments

Resolve stands apart from both traditional banks and modern fintech alternatives through its comprehensive, integrated approach to B2B payments. The platform addresses the complete B2B transaction lifecycle, combining credit assessment, payment processing, and accounts receivable management into a single solution.

Risk Elimination Through Non-Recourse Financing

Resolve's non-recourse model fundamentally changes the risk equation for B2B sellers. Traditional bank lines of credit require businesses to assume all credit risk for their customers, while factoring solutions often involve recourse provisions that can leave sellers liable for customer defaults. Resolve eliminates this risk entirely—what you get is always yours to keep, regardless of customer payment behavior.

This risk-free approach allows businesses to offer net terms confidently, knowing that Resolve takes on the credit assessment, credit decision, and majority risk of late payments or defaults. The platform's advance pay structure—up to 100% on approved invoices—ensures immediate cash flow while customers maintain their preferred payment terms.

AI-Powered Efficiency Across the Payment Lifecycle

Resolve's AI-powered platform automates the entire net terms workflow from invoice to payment, significantly reducing manual overhead and accelerating cash flow. The system uses large language models (LLMs) to automate and manage all invoice types—net terms, COD, and due upon receipt—with fewer errors and less manual input.

Smart bookkeeping automation maps and syncs transaction data in real time, while AI agents manage workflows, automate payment reminders, and reduce friction in collections. This comprehensive automation reduces Days Sales Outstanding (DSO) and transforms the customer payment experience, creating a competitive advantage for businesses using the platform.

Seamless Integration with Existing Business Systems

Resolve integrates directly into existing B2B ecommerce and accounting stacks with instant plug-ins, flexible APIs, and automated syncing. The platform supports leading ERP, accounting, and commerce platforms including QuickBooks, Oracle, Shopify, BigCommerce, and Magento.

This seamless integration eliminates the need for manual data entry or system switching. Resolve syncs with existing systems and auto-imports required customer information, ensuring data consistency across platforms. The flexible API can be integrated into any e-commerce platform, making Resolve suitable for businesses with custom or complex technology environments.

Flexible Net Terms That Drive Business Growth

Resolve's net terms capabilities extend beyond simple financing to become a strategic growth tool. By offering net 30, 60, or 90-day payment options, businesses can enhance buyer loyalty and unlock more revenue through repeat purchases and larger orders.

The platform's instant credit decisions—powered by AI evaluation of thousands of buyer data points—enable buyers to check out with no paperwork and no wait. Some purchases up to $25,000 may qualify for instant approvals, creating a frictionless experience that drives conversion and customer satisfaction.

For buyers, Resolve offers 0% interest for 30-60 days, providing short-term capital extension without additional cost. This buyer-friendly approach increases purchasing power while maintaining the seller's cash flow through immediate advance payment.

Comprehensive Credit Assessment Without Customer Friction

Resolve's credit assessment process eliminates the traditional friction associated with B2B credit applications. Requiring only a customer's business name and address, Resolve handles credit checks discreetly with no customer interaction needed. Results are delivered within 24 business hours, enabling rapid onboarding of new customers.

The platform's experts—formerly of Amazon, PayPal, and Fortune 500 firms—deliver deeper credit insights than traditional bureaus, combining AI analysis with human expertise to eliminate friction across the credit lifecycle. This streamlined approach allows businesses to extend credit confidently while maintaining strong customer relationships.

Making the Right Choice for Your Business

For B2B companies evaluating altLINE alternatives, the choice ultimately depends on your specific business needs, technical requirements, and growth objectives:

By Business Focus:

• B2B sellers offering net terms: Resolve (comprehensive platform with non-recourse protection)
• Small businesses needing quick capital: Fundbox (accessible but higher cost)
• Companies wanting AR automation: Versapay (focused AR solution)
• Online B2B purchasers: Behalf (purchase-focused financing)
• Enterprise organizations: Slope or Resolve (enterprise features and scalability)

Key Evaluation Criteria:

• Risk management: Non-recourse vs. recourse financing
• Implementation speed: Hours/days vs. weeks/months
• Integration capabilities: Pre-built connectors vs. custom development
• Pricing transparency: Clear fee structures vs. complex rate cards
• Comprehensive vs. specialized: Full platform vs. single-function solutions

Why Resolve Stands Out

Resolve's combination of non-recourse financing, AI-powered automation, seamless integration, and comprehensive feature set makes it the superior alternative to traditional bank financing. The platform's focus on eliminating risk while accelerating cash flow addresses the core challenges that B2B businesses face when offering net terms.

Unlike alternatives that focus on single aspects of B2B payments, Resolve provides a complete solution that streamlines credit, invoicing, and collections while empowering finance leaders to scale operations with precision. The platform's relational approach enhances customer relationships while streamlining complex workflows, aligning with the modern vision of B2B commerce.

For businesses seeking to grow B2B sales, get paid faster, and reduce risk, Resolve offers the most comprehensive and effective alternative to traditional bank financing like altLINE. The platform's proven track record serving over 15,000+ businesses demonstrates its ability to deliver real results across diverse industries and business models.

Frequently Asked Questions

What are the main differences between altLINE and modern B2B payment platforms like Resolve?

Traditional bank financing like altLINE typically requires extensive documentation, personal guarantees, and collateral, with lengthy approval processes and ongoing covenant requirements. Modern platforms like Resolve require only a customer's business name and address for credit checks, deliver decisions within 24 hours, and provide non-recourse financing that eliminates merchant risk. Resolve advances up to 100% of approved invoices within one day, while traditional bank lines of credit require businesses to manage their own collections and assume all credit risk.

How does Resolve's 'non-recourse' financing work and what are its fees?

Resolve's non-recourse financing means that once you receive payment on an approved invoice, that money is always yours to keep—even if your customer defaults. Resolve assumes the credit risk and handles collections. Fees average around 3.5% on 30-day net terms, depending on the advance percentage and risk profile. Higher risk customers may qualify for 75% or 50% advances at corresponding fee rates. All cash advances are non-recourse, providing complete risk protection for merchants.

Can Resolve integrate with my existing accounting and e-commerce systems?

Yes, Resolve integrates seamlessly with leading platforms including QuickBooks, Oracle, Shopify, BigCommerce, Magento, WooCommerce, Xero, NetSuite, and Sage Intacct. The platform offers instant plug-ins, flexible APIs, and automated syncing to ensure data consistency across systems. No manual data entry is required—Resolve syncs with your existing systems and auto-imports customer information, ensuring seamless payment reconciliation and financial reporting.

What kind of credit checks does Resolve perform and how quickly are decisions made?

Resolve performs comprehensive credit assessments using proprietary financial databases and algorithms, combining AI analysis with human expertise from former Amazon, PayPal, and Fortune 500 professionals. The platform requires only your customer's business name and address, handling credit checks discreetly with no customer interaction needed. Results are delivered within 24 business hours, with some purchases up to $25,000 qualifying for instant approvals. This streamlined approach provides deeper credit insights than traditional bureaus while eliminating customer friction.

How do extended net terms offered by Resolve benefit both buyers and sellers?

For sellers, Resolve's net terms solution provides immediate cash flow through advance payments of up to 100% on approved invoices, while Resolve handles credit assessment, collections, and payment risk. This allows sellers to offer net 30, 60, or 90-day terms without sacrificing cash flow or assuming credit risk. For buyers, net terms provide 0% interest payment options for 30-60 days, extending their working capital without additional cost. This mutual benefit enhances buyer loyalty, drives larger orders, and increases repeat purchases while protecting the seller's financial position.

This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.