Invoice Factoring is a financial transaction where a business sells its accounts receivable to a factoring company at a discount.
Each year, tens of thousands of small businesses across the country apply for invoice factoring, according to the latest Fed Small Business Credit Survey. While the transition to factoring is typically seamless, it works differently than most funding solutions business leaders are accustomed to. Below,…
Do you feel like managing cash flow for your security company is an uphill battle? It’s not you. It’s the nature of the business. However, specialized invoice factoring for security companies bridges that between sending guards to work and getting paid by clients by converting…
Market research and competitor analysis are two sides to the same coin. They provide essential information that can guide your business, product, and marketing strategies, allowing you to tailor your approach and build a stronger, more resilient company. While there’s sometimes carryover between the…
Rapidly growing companies face unique funding challenges. Explore how factoring can be key to securing essential working capital for expansion here.
From instant payouts to greater efficiency, explore our seven favorite things about factoring here and discover how it can help you grow a stronger business.
Do you need funding for a large equipment purchase? Learn the basics of qualifying for heavy equipment financing, costs, and helpful alternatives here.
Cash flow problems are one of the main reasons that many small businesses fail. A factoring company like Charter Capital can potentially provide you with upfront cash for every single unpaid invoice. We act as an outsourced credit department, handling the collection and processing of…
Trucking is a race against the clock. As every truck driver knows, the constant pressure to navigate traffic snarls, avoid highway closures, overcome mechanical problems, and stay awake and alert to deliver their load at the contracted time is only part of the story. Another…
In the current banking environment, factoring may be a cost effective solution to obtain necessary working capital for small business growth.
A Merchant Cash Advance (MCA) seems attractive. You get the large sum of money you need to keep your company running, and the lenders take an agreed upon amount from your bank account for so many weeks until the loan is paid. But beware, the…
