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.
Stop waiting 30–90 days for customer payments. With factoring, you can access cash in as little as 24 hours to cover daily expenses, grow your business, or manage seasonal shifts. At Interstate Capital, we prioritize your customers’ reliability—not your credit or time in business. Our fast approval and recourse factoring options give you the working capital you need, when you need it.
Our Recourse Billing program goes beyond standard factoring by offering added tools and services to support your business. You’ll receive monthly statements, lockbox services, and a dedicated team that follows up with your customers to help ensure on-time payments. It’s a partnership that lets you outsource your accounts receivable while improving cash flow and reducing the stress of collections.
Need funding on only some of your invoices? Our customized solution gives you the flexibility to choose which receivables to factor—while still enjoying all the added benefits of our Recourse Billing program, including customer support, reporting, and payment follow-up.
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
888-332-9142
