Alliance One is a premier invoice financing company. We have over 50 Years of experience in the Financing Businesses in 49 States (No CA).
Invoice factoring is when a company sells its accounts receivable to a factoring company, at a discounted rate, for immediate cash. Your company provides a product and or service, after the products have been delivered and or the services have been rendered, you invoice your customers and then wait to get paid.
When you sell your open invoices to a factoring company, you no longer have to wait 30, 60 or 90 days for your customers to pay. You send us a copy of the invoice; we verify the validity for each invoice and advance you the lion share of the face invoice amount within 24 hours. We hold back a small percent of the invoice amount and put it in your reserve account. This money remains in your account until your customer makes their payment directly to our company. Once we have been paid we send you back your reserve money less the invoice factoring fee.
All businesses need working capital, invoice factoring is a fast and affordable way to provide your company with cashflow. You pick and choose the invoices you want to sell, from the customers of your choice. You are not required to sell us all your invoices and you do not have to factor all your customers. Most factoring companies require you to sell them 75% of your book of business, we only require that you sell us one invoice every 30 days over the one-year agreement period.
Alliance One LLC is not a collection agency, we do not call your clients demanding payments, we are your financial partner. Our sole purpose is to make sure you have the cashflow that you need to run the business. For more information, see what is invoice factoring or if you are ready to take the first step, please complete our non-binding factoring application here.
Most invoice factoring companies operate the same way with some very important distinctions, such as the cost. Alliance One is a traditional factoring company, meaning we only have one fee to you, the factoring fee. All factoring companies charge a factoring fee but most also charge an APR, on top of their factoring fee. Alliance One DOES NOT charge you this double fee, we do not have any junk fees either.
So… How do you know which factoring company is the right fit for your company? While most customers are only concerned with the factoring fees (rightfully so) you also need to be concerned with other very important aspects, such as your account representative. The account rep that will be assigned to your account will be working with you and your customers on daily/weekly basis. You want a seasoned professional calling your customers, not someone that is new in the industry that has bad etiquette or a poor disposition. You should also verify how long a factoring company has been in business. If you are relying on a factoring company to fund your business, you need to make sure they have staying power. It’s also important for you to know if you are working with a broker or a direct lender. Direct lenders like Alliance One have in-house underwriters, we can create a program that fits your needs. While most factoring companies operate the same way, the fees for factoring company to factoring company very much vary. If you do not want to pay a double fee, if you do not want to pay junk fees, if you want to work with a direct lender and if you are looking to work with seasoned professionals and be harmonious with a reputable company, Alliance One wants to work with you. We will be your financial arm and we will help you grow your business.
The first step is to complete our non-binding application here. Once we receive the application, we will run some quick searches to make sure your company is open, active and in good standing in whichever state you did the formation in, and we check to see if you have any all-asset lien/UCC Filings on your company. We then send you our one-year agreement to digitally sign, once we have reviewed together. After the agreement has been signed, you will be sent an email to request some paperwork that we will need before submitting your file to our in-house underwriter for review. Within 48 hours, you will be assigned an account rep, he/she will reach out to you to make an introduction, start the verifications of the invoices and send out a one-time notice of assignment to the debtors. Once the verifications are completed your file goes back to the underwriter for the final approval.
Typically, it takes about one week from the day you submit your paperwork to receive your first funding. We cannot submit your file to an underwriter for approval until we receive the signed agreement and the support documents. After your account is setup, typically fundings are within 24 hours of you sending us invoices to purchase (if the verification is completed by your customers.
No, we do not! We are a traditional factoring company, we only charge a factoring fee. There are more and more alternative factoring companies out there that assume the practice of charging both a factoring fee and an APR on the money they give you. If your customer pays their invoice in 60 days, you will pay the APR for 60 days as well on top of the factoring fee. Many of our competitors bury the APR fee in their agreement, you might not even know until its too late. It is a good idea to shop around and if you do, the number one question you should ask is…Do you charge an APR and a Factoring Fee? If they say yes, you should say no.
Business financing comes in many shapes and forms, what works for one company might not be right for another. Smart business owners want to know about all of their options before choosing the correct financial vehicle that will take their business to the next level. Is invoice factoring right for you and your business? You decide.
Paying your bill online at Alliance One is a quick and easy way to stay on top of your payments. Alliance One offers a secure online payment portal where you can review your account balance, make a payment, set up recurring payments, and more. In this comprehensive guide, we’ll walk through everything you need to know about using Alliance One’s online payment system.
Overview of Alliance One
Alliance One is a company that provides accounts receivable management and revenue cycle solutions. They work with various types of businesses, organizations, and government agencies to help collect on outstanding payments and debts.
If you have an account with Alliance One either because you owe money directly to them or to one of their clients you can take care of your bill online through their payment portal.
Some key things to know about Alliance One:
- They provide services for credit grantors, retail businesses, healthcare providers, insurance companies, and government entities at all levels.
- Alliance One has over 8,000 employees operating from 135+ offices in 23 countries.
- They utilize advanced analytics and compliance systems to ensure a customer-focused collections approach.
- Their online payment portal allows 24/7 account access and bill payment capabilities.
Benefits of Paying Your Bill Online
Paying your Alliance One bill online provides several advantages:
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Convenience – You can log in and make a payment any time, day or night. No need to call in or mail a check.
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Payment tracking – The online system allows you to view your balance and payment history in one place. You’ll have peace of mind knowing your payments have been received.
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Secure – Alliance One utilizes industry-standard data encryption to keep your information safe,
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Save money – Online payments avoid late fees caused by delays with traditional mail. You also save on postage costs.
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Recurring payments – You can set up automatic recurring payments from your bank account This ensures you never miss a payment
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Receive a receipt – The system emails a receipt after each transaction so you have a record for your files.
How to Set Up Your Online Account
Setting up online bill pay with Alliance One is easy and only takes a few minutes. Here are the steps:
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Go to Alliance One’s website and click on “Make a Payment” at the top right. This will bring you to the login page for their Online Account Management portal.
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Click “Register Account” below the login fields.
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Enter your account number and other requested identification details such as name, address, phone number, and email. This allows Alliance One to match you to the correct account.
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Create a username and password for your account. Make sure to choose a password that is strong and secure.
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Agree to the website’s Terms of Use by checking the box.
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Complete the CAPTCHA verification to confirm you are not a robot.
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Click “Register Account”.
You will receive a confirmation message once your registration is complete. You can then log in anytime using your new username and password.
Making a Payment
Once logged into your Alliance One account, you can review your balance and make either a one-time payment or set up recurring payments.
To make a one-time payment:
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Click on “Make Payment” at the top of the screen.
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Enter the payment amount. You can choose to pay the minimum due, total balance, or a custom amount.
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Select whether you want to pay with a credit/debit card, checking account, or savings account.
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Enter your payment method details and billing information.
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Click “Review” to verify payment details.
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Click “Submit Payment” to complete the transaction.
You will receive an on-screen receipt and email confirmation of your payment. The funds will typically process in 1-2 business days.
Setting Up Recurring Payments
The online system also allows you to set up automatic recurring payments from a bank account. This ensures you never miss a payment deadline.
To establish recurring payments:
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From the account overview page, click “Recurring Payment” in the left menu.
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Choose whether to pay the minimum due or fixed amount each month.
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Enter your checking/savings account details.
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Select the date you want payments to be processed each month.
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Agree to the terms and conditions.
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Click “Submit” to activate automatic payments.
You can log in at any time to view, edit, or cancel your recurring payments. Just go to the “Recurring Payment” section.
Getting Account Help and Support
If you have any trouble registering your account, making payments, or managing your account online, Alliance One offers several support options:
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Contact form – Fill out the contact form on their website describing your issue and a representative will get back to you shortly.
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Live chat – Chat with a support agent online during regular business hours. Look for the chat widget in the bottom corner.
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Call – Call Alliance One’s customer service line at 1-800-553-5350 for help over the phone.
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FAQ/Help articles – The website contains extensive FAQs and how-to articles that may answer your questions. Look under the “Frequently Asked Questions” and “Make a Payment Help” sections.
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Email – For general inquiries, you can email Alliance One at [email protected].
The company’s website says their typical response time is one business day or less when receiving an inquiry.
Alliance One Bill Pay FAQs
Here are answers to some frequently asked questions about paying your Alliance One bill online:
Is there a fee to pay online?
No, Alliance One does not charge any fees for online payments. You only pay the balance owed.
When will my online payment be processed?
Payments made online are typically processed within 1-2 business days.
Is the online payment system secure?
Yes, all data transmissions are encrypted and secured in compliance with PCI Security Council standards.
What credit/debit cards do you accept?
Alliance One accepts Visa, MasterCard, American Express, and Discover credit and debit cards.
What if I entered the wrong amount and need to cancel the payment?
Contact Alliance One’s customer service immediately to request a cancellation. Payments cannot be reversed once transaction confirmation is received.
Can I schedule payments in advance?
Yes, you can schedule one-time future payments up to 30 days in advance if desired. Just specify the future payment date when completing the transaction.
What happens if I miss a recurring payment?
If a recurring payment fails due to insufficient funds, Alliance One will notify you and request an alternative payment method. A late fee may be applied if payment is not received by the due date.
Pay Your Bill at Alliance One with Ease
Paying your bill online with Alliance One is the fastest and most efficient way to take care of your account. Their user-friendly system offers convenience, security, and flexibility. Sign up for an account today to view your balance, make payments, and manage your account 24/7. Just follow the steps outlined above.
