A reserve is the portion of your invoice value that is held back at the time of your advance. You receive the residual, or the remaining portion due to you, once your customer pays the invoice in full, typically within one to two business days…
First-time funding follows five steps: submit the invoice, its invoice submission form, and its supporting paperwork, Charter Capital confirms the invoice with your customer, you receive your advance, your customer pays within their normal terms; and the residual is released to you once that payment…
Use this checklist to review key legal areas like taxes, HR, contracts, and IP to keep your small business compliant and protected each year.
Struggling to cover everyday expenses like payroll, inventory, and vendors, or feeling the pressure of a seasonal slowdown? Working capital loans can help you bridge a short-term gap in these situations, but they’re not the only solution. In this guide, we’ll compare factoring vs. working…
Outsourcing non-core business functions like accounting, marketing, and customer service can save time and money. Get details and best practices in this guide.
Time management strategies can help business owners boost productivity, lower stress, and improve work-life balance. Explore proven approaches in this guide.
A notice of assignment tells your customers to pay your factoring company directly. Learn how it works and what to expect when one is issued.
From the SBA 7(a) to the SBA 504, explore details on SBA loan approval requirements and credit score needs, plus get info on SBA loan alternatives.
Did you know that 94 percent of small businesses say they’ve experienced financial challenges within the past 12 months, per a recent Main Street Metrics report? More than half of all owners have dipped into their personal funds to address them. While this may seem…
Cash buffer at zero? Follow this 48-hour financial emergency cash management protocol to solve your immediate cash crisis and build a liquidity crash kit.
