Interstate Billing Service has remained a source of strength and stability, both for our customers and clients and as an organization, through strong economic climates and difficult ones. No matter the strength or weakness, the economy can pose great challenges to businesses of all sizes. Hundreds of those businesses, along with thousands of their customers, look to Interstate Billing Service every day to help keep them doing what they do best. We’re proud to continue to provide uninterrupted funding along with our excellent customer service to keep the economy moving.
We’ve built our reputation as 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 140 people. Together we serve over 500 clients with annual receivables exceeding $2.3 billion, while handling the billing and collecting of an average customer base of over 100,000.
Our financial strength was solidified in 2009 when we became part of the Bank Independent family. Interstate Billing Service is now a wholly-owned subsidiary of Bank Independent, a $1.7 billion community bank headquartered in Sheffield, Ala. Founded in 1947, Bank Independent has grown to 28 locations with two operations centers. Nationally recognized for their stability and financial integrity, Bank Independent was awarded Forbes Best-in-State 2020, ranking #1 in the State of Alabama, the American Bankers “Best Banks to Work for 2019” award. They maintain a “Blue Ribbon” status from Veribanc and a “Superior” rating by Bauer Financial.
Interstate Billing Service has the financial backing and the knowledgeable staff to fully fund invoices for any size business. We serve locally-owned stand-alone operations, diverse companies managing multiple locations, businesses from coast to coast and have now expanded internationally as we recently welcomed our first client from Canada. We would be happy to talk with you about solutions for your business needs.