altLINE

Freight factoring · Facts checked Nov 7, 2026 · altline.sobanco.com · Industry: Freight

What altLINE advertises, what we haven’t confirmed yet, and what verified drivers report – kept separate so you can tell them apart.

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Key facts

Advertised their own site From a contract a real agreement Driver-reported verified drivers

Advance

Up to 100%

Advertised

Funding speed

Same-day funding

Advertised

Fees they mention

From 0.90%

Advertised

Contract length

Short-term

Advertised

Notice to leave

Not checked yet

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Exit fee

Not checked yet

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Advertised, not a guarantee.

Driver reviews

0 verified reviews

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It takes 2 minutes. We check your MC or DOT number before it goes live, and it’s never shown. altLINE can’t pay to change or remove it.

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Ask before you sign

8 questions to get answered in writing. Tick them off as you go.

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How long is the contract, and does it renew by itself?
How do you send notice, and where does that notice go?
Is there an exit fee, and which section states it?
Is it recourse or non-recourse, and what do those words mean in this agreement?
What is held back, and when is it paid to you?
Do you have to factor every load?
What do you pay besides the rate? Ask for the fee list in writing.
Which legal entity signs, and which company do you notify?

Who they accept

Advertised Owner-operators, small fleets, and growing trucking companies (advertised)

Sources

Show all 5 sourcesSources (5)

Same-day funding available (advertised). An earlier line said in days, not weeks.

Freight factoring line says 'Get paid in days, not weeks.' On 2026-11-08 the solution-scout page said 'Same day funding available' and that the advance goes out by wire or ACH in a matter of hours. The earlier 'days, not weeks' line stays on record beside that.
Source, November 8, 2026. altline.sobanco.com altline.sobanco.com

Up to 100% of invoice value (advertised)

On 2026-11-08 the solution-scout page said 'Cash advances up to 100% of the invoice value.'
Source, November 8, 2026. altline.sobanco.com

As low as 0.90%; no application fee (advertised)

On 2026-11-08 the solution-scout page said 'Factoring rates as low as 0.90%.' The apply page said there is no fee to apply for freight factoring.
Source, November 8, 2026. altline.sobanco.com altline.sobanco.com

Short-term; length not stated (advertised)

On 2026-11-08 the solution-scout page said 'Short-term contracts.' The length was not on that line.
Source, November 8, 2026. altline.sobanco.com

Owner-operators, small fleets, and growing trucking companies (advertised)

On 2026-11-08 the apply page said freight factoring helps owner-operators, small fleets, and growing trucking companies. Qualification still depends on the customers' credit.
Source, November 8, 2026. altline.sobanco.com

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