Accounts Receivable Financing Solutions

Nationwide Funding That Keeps Your Business Moving

Improve visibility, reduce friction, and operate with more confidence with Alterna’s invoice funding solutions and practical services.

Start a Conversation

One Funding Solution.
Multiple Ways to Put Your Receivables to Work.

Whether you call it invoice factoring, accounts receivable financing, or working capital funding, Alterna helps businesses turn eligible unpaid invoices into the cash they need to operate and grow.

Invoice Factoring

Learn how selling unpaid invoices can help your business access cash without waiting for customers to pay.

Learn more about Invoice Factoring ››

Accounts Receivable Financing

Explore how businesses can use outstanding receivables to improve cash flow and support operations.

Learn more about Accounts Receiveable ››

Working Capital Funding

Discover how invoice-based funding compares with other ways to cover expenses and finance growth.

Learn more about Working Capital Funding ››

Unlock Working Capital From Unpaid Invoices

Alterna helps businesses fund unpaid invoices faster so they can cover operating costs, take on new work, and avoid delays. Compared to traditional financing, accounts receivable funding is faster, more flexible, and easier to adapt as your business changes.

Faster access to working capital

Get approval in as little as 48 hours and same day funding, instead of waiting weeks for bank approvals or customer payments.

Flexibility around funded invoices

Choose which invoices to fund based on timing, cash flow needs, and business priorities.

Operational growth support

Use funding to cover payroll, inventory, materials, production, and fulfillment.

Fast alternative to traditional options

Avoid the slow process and rigid structure that often comes with traditional lenders.

Start a Conversation

Keep Business Momentum Without Waiting To Get Paid

Invoice and accounts receivable funding gives businesses more control over timing, cash flow, and growth. Instead of slowing down while waiting on customers, you can stay ahead of demand and keep operations moving.

Cover Payroll

Access working capital to pay employees, contractors, and vendors on time.

Flexibility

Move faster on larger orders, new customers, and seasonal opportunities without cash flow strain.

Partnership

Use funding to cover materials, inventory, shipping, and production costs before invoices are paid.

Support That Goes Beyond Account Receivable Funding

Alterna pairs funding with services that help businesses better manage receivables and cash flow.

Credit Research

Before extending terms, understand the risk behind every customer.


  • Real-time credit insights
  • Alerts on risky or late-paying accounts
  • Better decisions around customer terms
  • Reduced exposure to bad debt

Cash Application

Know exactly where your cash stands and what has been paid.

  • Real-time payment tracking
  • Faster reconciliation
  • Less manual work
  • Better receivables visibility

Collection Support

Improve collections without damaging customer relationships.

  • Timely follow-up on outstanding invoices
  • Smart escalation strategies
  • Better predictability around cash flow
  • Stronger long-term relationships

Built To Support Your Business At Every Stage

Alterna combines fast, practical funding with the backing, service, and flexibility businesses need in a long-term partner.

Backed by Paychex

Backed by the strength and credibility of Paychex, Alterna gives you confidence in a stable, trusted partner behind the funding.

Partnerships That Grow With You

More than a funding provider, we’re a partner invested in your success—offering flexible solutions and personalized support as your business evolves.

Nationwide, Across Industries

We work with your B2B business in transportation, manufacturing, wholesale, retail, and other invoice-driven sectors.

Start a Conversation

See What Faster Funding Can Make Possible

Alterna helps businesses turn unpaid invoices into working capital that drives real business results.

  • $3M Funding Injection Saves Payroll for Texas Energy Provider

    When a lender’s sudden refusal to expand a credit line threatened critical equipment and payroll needs, a Texas oilfield provider turned to an agile funding alternative.

    Read Case Study Read More Case Studies

“Exceptional Support”

Alterna has been instrumental in helping us manage our cash needs as a small business and provides exceptional support!”

Abby B.,

SadieB Personal Care

Ready For A More Flexible Way To Fund Growth?

If you need faster access to working capital without the delays of traditional financing, Alterna is ready to help.

Start a Conversation

Frequently Asked Questions: Accounts Receivable Financing

Accounts Receivable Financing Basics

Accounts receivable refers to the money a business is owed by customers for goods or services that have already been delivered but not yet paid for. Accounts receivable financing, invoice financing, and invoice factoring are often used interchangeably and generally refer to the same type of funding solution that allows businesses to access cash tied up in unpaid invoices before customers pay.



Instead of waiting 30, 60, or even 90 days for customers to pay, businesses can use their receivables to unlock working capital faster. This helps cover everyday operating expenses, support growth, and reduce cash flow pressure tied to long payment cycles.

Working capital is the money a business has available to cover short-term operating expenses and day-to-day costs. This can include payroll, rent, inventory, vendor payments, fuel, materials, and production costs. When cash is tied up in unpaid invoices, businesses can struggle to maintain enough working capital to operate efficiently and pursue growth opportunities.

Waiting on customer payments can slow growth, delay payroll, limit inventory purchases, and create unnecessary cash flow pressure. Accounts receivable financing gives businesses faster access to working capital so they can respond to opportunities, maintain momentum, and keep operations moving without delay.

How Invoice Funding Works

Invoice funding starts once you fill out the application and are approved to be an Alterna client. Funding is provided the same day invoices are received. Once your customer pays the invoice, the remaining balance is released back to your business after any fees are deducted. This process helps businesses access cash sooner without taking on a traditional loan.

Alterna can often approve and fund invoices in as little as 24 to 48 hours, depending on the business, customer, and invoice details. This is much faster than traditional bank financing, which can take weeks or even months. Faster funding allows businesses to move quickly when they need to cover payroll, purchase inventory, pay vendors, or take on new opportunities.

Alterna typically funds invoices issued to other businesses or commercial customers. Eligible invoices are usually tied to completed work, delivered products, or fulfilled services. Funding depends on factors such as invoice quality, customer payment history, and the overall strength of the receivable.

Flexibility and Control

Yes. Alterna offers flexible funding that lets businesses choose which invoices to fund, rather than requiring every invoice to be included. This gives companies control over how and when they access working capital, whether that’s driven by timing, cash flow needs, seasonality, or specific growth opportunities.

That said, most clients choose to fund all of their invoices to maximize the full value of their accounts receivable. While the flexibility is there to be selective, an all-in approach typically delivers the greatest liquidity and overall benefit.

No. Alterna gives businesses the flexibility to choose which invoices they want to fund based on their goals and cash flow needs. Some companies may only fund larger invoices or invoices tied to seasonal demand, while others may use funding more regularly to support operations.

Businesses use invoice funding for a wide range of operating and growth-related needs. Common uses include covering payroll, purchasing inventory, buying raw materials, paying suppliers, funding fuel or repairs, supporting production schedules, and taking on larger customer orders.

Eligibility and Application

Yes. Startups and newer businesses can often qualify for invoice funding if they have customers with strong payment histories and outstanding invoices. Many growing companies use accounts receivable financing to take on larger contracts, support early growth, and avoid cash flow issues while building their business.

Our application process is faster and simpler than applying for a traditional bank loan. Businesses complete an application, upload required documents directly into the portal, and submit for review. From there, Alterna evaluates the company, its customers, and the invoices within 48 hours and once approved you can receive same day funding.

How Accounts Receivable Financing Compares

Accounts receivable financing and invoice factoring are similar because both help businesses access cash from unpaid invoices. The terms are often used interchangeably. In general, both approaches give businesses faster access to working capital and help reduce the pressure created by long customer payment terms. Alterna focuses on flexible funding solutions designed to adapt to each business.

Traditional bank loans are often slower, more rigid, and based on long approval processes. Businesses may need strong credit, years of operating history, and significant documentation to qualify. Accounts receivable financing is different because it is based largely on the value of unpaid invoices and the strength of the customer relationship. This can make it faster and more flexible.

Industries and Support

Alterna works with B2B businesses across a range of industries, especially companies that sell to other businesses and invoice for payment. Common industries include transportation, manufacturing, wholesale, retail, staffing, distribution, and logistics. These industries often face long payment cycles and need more flexible cash flow support.

Yes. Alterna provides more than accounts receivable financing alone. Clients can also access services like credit research, cash application, and collections support. These services help businesses make smarter credit decisions, improve visibility into receivables, reduce administrative work, and strengthen cash flow management over time.

Customers and Invoices

The funding structure depends on the specific solution being used. Alterna works closely with businesses to create a process that feels professional, protects customer relationships, and supports ongoing operations.

Many customers find this structure reassuring because it demonstrates that you have strong financial backing in place to support your business. In fact, for many contracts, especially in the government space, showing proof of financial support is a requirement, making this an advantage rather than a barrier.

Accounts Receivable Financing Solutions

Nationwide Funding That Keeps Your Business Moving

Improve visibility, reduce friction, and operate with more confidence with Alterna’s invoice funding solutions and practical services.

Start a Conversation

Unlock Working Capital From Unpaid Invoices

Alterna helps businesses fund unpaid invoices faster so they can cover operating costs, take on new work, and avoid delays. Compared to traditional financing, accounts receivable funding is faster, more flexible, and easier to adapt as your business changes.

Faster access to working capital

Get approval in as little as 48 hours and same day funding,  instead of waiting weeks for bank approvals or customer payments.

Flexibility around funded invoices

Choose which invoices to fund based on timing, cash flow needs, and business priorities.

Operational growth support

Use funding to cover payroll, inventory, materials, production, and fulfillment.

Fast alternative to traditional options

Avoid the slow process and rigid structure that often comes with traditional lenders.

Start a Conversation

More Than Funding, A Smarter Receivables Strategy

Alterna helps businesses fund unpaid invoices faster so they can cover operating costs, take on new work, and avoid delays. Compared to traditional financing, accounts receivable funding is faster, more flexible, and easier to adapt as your business changes.sdf

Funding

Unlock working capital from unpaid invoices so you can keep moving without delay.

Insight

Gain better visibility into receivables, customer risk, and payment activity.

Support

Manage collections, reduce friction, and strengthen cash flow with expert support.

Let’s Talk

Keep Business Momentum Without Waiting To Get Paid

Invoice and accounts receivable funding gives businesses more control over timing, cash flow, and growth. Instead of slowing down while waiting on customers, you can stay ahead of demand and keep operations moving.

Cover Payroll

Access working capital to pay employees, contractors, and vendors on time.

Flexibility

Move faster on larger orders, new customers, and seasonal opportunities without cash flow strain.

Partnership

Use funding to cover materials, inventory, shipping, and production costs before invoices are paid.

Support That Goes Beyond Account Receivable Funding

Alterna pairs funding with services that help businesses better manage receivables and cash flow.

Credit Research

Before extending terms, understand the risk behind every customer.


  • Real-time credit insights
  • Alerts on risky or late-paying accounts
  • Better decisions around customer terms
  • Reduced exposure to bad debt

Cash Application

Know exactly where your cash stands and what has been paid.

  • Real-time payment tracking
  • Faster reconciliation
  • Less manual work
  • Better receivables visibility

Collection Support

Improve collections without damaging customer relationships.

  • Timely follow-up on outstanding invoices
  • Smart escalation strategies
  • Better predictability around cash flow
  • Stronger long-term relationships

Built To Support Your Business At Every Stage

Alterna combines fast, practical funding with the backing, service, and flexibility businesses 
need in a long-term partner.

Credible Paychex Backing

Backed by the strength and credibility of Paychex, Alterna gives you confidence in a stable, trusted partner behind the funding.

Proven Staying Power

Choose which invoices to fund based on timing, cash flow needs, and business priorities.

Partnerships That Grow With You

Build a long-term relationship with us—many of our clients stay for 2+ years as their needs evolve.

Nationwide, Across Industries

We work with your B2B business in transportation, manufacturing, wholesale, retail, and other invoice-driven sectors.

Start a Conversation

See What Faster Funding Can Make Possible

Alterna helps businesses turn unpaid invoices into working capital that drives real business results.

  • $3M Funding Injection Saves Payroll for Texas Energy Provider

    When a lender’s sudden refusal to expand a credit line threatened critical equipment and payroll needs, a Texas oilfield provider turned to an agile funding alternative.

    Read Case Study Read More Case Studies

“Exceptional Support”

Alterna has been instrumental in helping us manage our cash needs as a small business and provides exceptional support!”

Abby B.

SadieB Personal Care

Ready For A More Flexible Way To Fund Growth?

If you need faster access to working capital without the delays of traditional financing, Alterna is ready to help.

Start a Conversation

Frequently Asked Questions: Accounts Receivable Financing

Accounts Receivable Financing Basics

Accounts receivable refers to the money a business is owed by customers for goods or services that have already been delivered but not yet paid for. Accounts receivable financing, invoice financing, and invoice factoring are often used interchangeably and generally refer to the same type of funding solution that allows businesses to access cash tied up in unpaid invoices before customers pay.



Instead of waiting 30, 60, or even 90 days for customers to pay, businesses can use their receivables to unlock working capital faster. This helps cover everyday operating expenses, support growth, and reduce cash flow pressure tied to long payment cycles.

Working capital is the money a business has available to cover short-term operating expenses and day-to-day costs. This can include payroll, rent, inventory, vendor payments, fuel, materials, and production costs. When cash is tied up in unpaid invoices, businesses can struggle to maintain enough working capital to operate efficiently and pursue growth opportunities.

Waiting on customer payments can slow growth, delay payroll, limit inventory purchases, and create unnecessary cash flow pressure. Accounts receivable financing gives businesses faster access to working capital so they can respond to opportunities, maintain momentum, and keep operations moving without delay.

How Invoice Funding Works

Invoice funding starts once you fill out the application and are approved to be an Alterna client. Funding is provided the same day invoices are received. Once your customer pays the invoice, the remaining balance is released back to your business after any fees are deducted. This process helps businesses access cash sooner without taking on a traditional loan.

Alterna can often approve and fund invoices in as little as 24 to 48 hours, depending on the business, customer, and invoice details. This is much faster than traditional bank financing, which can take weeks or even months. Faster funding allows businesses to move quickly when they need to cover payroll, purchase inventory, pay vendors, or take on new opportunities.

Alterna typically funds invoices issued to other businesses or commercial customers. Eligible invoices are usually tied to completed work, delivered products, or fulfilled services. Funding depends on factors such as invoice quality, customer payment history, and the overall strength of the receivable.

Flexibility and Control

Yes. Alterna offers flexible funding that lets businesses choose which invoices to fund, rather than requiring every invoice to be included. This gives companies control over how and when they access working capital, whether that’s driven by timing, cash flow needs, seasonality, or specific growth opportunities.

That said, most clients choose to fund all of their invoices to maximize the full value of their accounts receivable. While the flexibility is there to be selective, an all-in approach typically delivers the greatest liquidity and overall benefit.

No. Alterna gives businesses the flexibility to choose which invoices they want to fund based on their goals and cash flow needs. Some companies may only fund larger invoices or invoices tied to seasonal demand, while others may use funding more regularly to support operations.

Businesses use invoice funding for a wide range of operating and growth-related needs. Common uses include covering payroll, purchasing inventory, buying raw materials, paying suppliers, funding fuel or repairs, supporting production schedules, and taking on larger customer orders.

How Accounts Receivable Financing Compares

Accounts receivable financing and invoice factoring are similar because both help businesses access cash from unpaid invoices. The terms are often used interchangeably. In general, both approaches give businesses faster access to working capital and help reduce the pressure created by long customer payment terms. Alterna focuses on flexible funding solutions designed to adapt to each business.

Traditional bank loans are often slower, more rigid, and based on long approval processes. Businesses may need strong credit, years of operating history, and significant documentation to qualify. Accounts receivable financing is different because it is based largely on the value of unpaid invoices and the strength of the customer relationship. This can make it faster and more flexible.

Industries and Support

Alterna works with B2B businesses across a range of industries, especially companies that sell to other businesses and invoice for payment. Common industries include transportation, manufacturing, wholesale, retail, staffing, distribution, and logistics. These industries often face long payment cycles and need more flexible cash flow support.

Yes. Alterna provides more than accounts receivable financing alone. Clients can also access services like credit research, cash application, and collections support. These services help businesses make smarter credit decisions, improve visibility into receivables, reduce administrative work, and strengthen cash flow management over time.

Customers and Invoices

The funding structure depends on the specific solution being used. Alterna works closely with businesses to create a process that feels professional, protects customer relationships, and supports ongoing operations.

Many customers find this structure reassuring because it demonstrates that you have strong financial backing in place to support your business. In fact, for many contracts, especially in the government space, showing proof of financial support is a requirement, making this an advantage rather than a barrier.