Surveys show 41 percent paid late fees to vendors last year despite three-quarters believing late payments strain business relationships. HOUSTON, March 9, 2023 – Leading invoice funding company Charter Capital says late vendor payments are creating more friction between small businesses and their suppliers. The issue…
Fueled by optimism about the future, Main Street is exploring business expansion opportunities again, industry insiders say. HOUSTON, February 9, 2023 – Leading invoice funding company Charter Capital says a shift in optimism among small business owners is fueling expansion initiatives on Main Street again. Full…
The majority of small business owners believe a recession is happening now or is imminent and that they are prepared to withstand it. HOUSTON, January 10, 2023 – Leading invoice funding company Charter Capital says small business owners aren’t feeling optimistic about the economy, but most…
Nine-in-ten hiring businesses say finding qualified candidates is a challenge, while the cost of labor sees its greatest hike in 20 years. HOUSTON, December 13, 2022 – Leading invoice funding company Charter Capital says small businesses are feeling especially squeezed by the current labor market. Between…
Millions of small businesses are risking it all by failing to set up an adequate emergency fund, new report shows. HOUSTON, November 8, 2022 – Leading invoice funding company Charter Capital says millions of small businesses across America are shortchanging themselves and putting their companies at…
Unable to make large equipment purchases to support growth, small businesses shift focus to alternative funding sources. HOUSTON, October 11, 2022 – Leading invoice funding company Charter Capital says small businesses are recovering and eager to grow but are hitting a wall when it comes to obtaining heavy…
Roughly 70 percent of digital transformation initiatives fail, but savvy businesses can see returns by addressing common barriers. HOUSTON, September 13, 2022 – Leading invoice funding company Charter Capital says digital transformation initiatives across small and midsize businesses are stalling out as a new epidemic of…
As inflation and supply chain issues drive prices up, Main Street explores unconventional inventory funding solutions. HOUSTON, August 9, 2022 – Leading invoice funding company Charter Capital says small businesses are exploring novel ways to fund their inventory purchases as record-breaking inflation rates and supply chain issues continue…
More than a quarter of small business owners report that B2B payments are now coming in 20-30 days past due. HOUSTON, July 11, 2022 – Leading invoice funding company Charter Capital says more doors on Main Street may soon be shuttered as late payments in the B2B sector…
Facing a deficit of 80,000 truckers, the transportation industry takes aim at pay and policy. HOUSTON, June 15, 2022 – Leading invoice funding company Charter Capital says the transportation industry is making moves to end the trucker shortage. As reported by the American Trucking Associations (ATA), the United…
