Invoice factoring or accounts receivable financing is often leveraged by small businesses as a way to get the working capital necessary for expansion. However, if you haven’t heard of the concept before, you’re missing out on all the benefits a factoring company can offer. Below,…
Already have an IRS business lien or worried the government will file one? Often the result of unpaid payroll taxes or other tax issues, liens can stall business growth and make it much harder to pay debts no matter how diligent or dedicated you are….
Creating consistent cash flow as a carrier in the trucking industry is a complex and often challenging task. As an experienced trucker, you’re familiar with the routine: you complete a job by moving a load, then immediately have expenses such as fuel, vehicle maintenance, insurance,…
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…
The Paycheck Protection Program (PPP) has been a crucial lifeline for countless small businesses, but it’s likely not enough to ensure your funding needs are met in the long run. On this page, we’ll explore how PPP loans work, their benefits and shortcomings, and go…
Invoice factoring is a great way to get immediate cash flow, but much of your experience depends on the factoring company you choose. We’ll explore the basics of the factoring process below and highlight a few questions you can ask as a small business owner…
Not sure if a factoring company or a bank is right for your small business? Both can provide your company with working capital and help you cope with cash flow lulls, but factoring helps in ways loans don’t and can fill gaps left by traditional…
Invoice factoring is one of the most popular cash flow solutions, but all too often, small-business owners don’t hear about it until they’ve already leveraged a less-than-ideal tool or they overlook factoring because they’ve come across some misinformation on the net. On this page, we’ll…
Small-business owners need of working capital often turn to merchant cash advances (MCAs) to fill the gap. Given their popularity and the way the terms are presented, it’s easy to think that they’re a simple and cost-effective way to get a quick cash injection, but…
In the quest of raising capital for business, small businesses often face hurdles and disappointments. The business landscape is littered with small business owners who’ve stumbled in their search for capital. Many requests are denied and those who can secure more traditional forms of funding,…
