Interstate Business Capital is a division of Interstate Billing Service.
Interstate Billing Service is an industry leader in managing commercial accounts receivable by providing unmatched customer service at competitive prices. Founded in Decatur, Alabama in 1984 with only 5 employees, Interstate Billing Service has grown to employ more than 160 team members. Together we serve over 600 clients with annual receivables exceeding $2.8 billion, while handling the billing and collection of an average customer base of over 100,000.
Transactional funding of invoices based on customer capacity and willingness to pay based on the terms of the invoice.
Factoring involves selling your invoices. If your customer fails to pay within the agreed period, you must repurchase the invoice. IBC provides a monthly statement and customer service to ensure timely payment from your customers.
Get flexibility with funding only when needed, but keep the same exceptional customer service benefits. This option creates collateral value and availability using your invoices.
Partnering with a company to fund a relationship for a return on our investment.
Having partners help fund a relationship for a return on their investment.
Interstate Billing Service is a wholly-owned subsidiary of Bank Independent, a $2.8 billion community bank headquartered in Sheffield, Ala. Founded in 1947, Bank Independent has grown to over 33 locations across seven counties in North Alabama.
Bank Independent has received the following awards for financial strength:
"Superior" by Bauer Financial Group This five-star rating is the highest awarded to banks by BauerFinancial, which places Bank Independent on BauerFinancial’s “Recommended Report.” Bank Independent has earned this designation 144 consecutive quarters since the third quarter of 1989.
"Blue Ribbon" by Veribanc Veribanc’s Blue Ribbon Bank Commendation of Excellence formally recognizes banks which have met exceptionally high standards and have demonstrated exceptional attention to safety, soundness and financial strength. Bank Independent has achieved this designation 76 consecutive quarters since the third quarter of 2007.
2114 Veterans Drive, S.E.
P.O. Box 2250
Decatur, AL 35601
888-332-9146
