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Charter Capital is recognized as one of the hardest working independent providers of asset based financial services for small to mid-sized businesses. We offer a complete line of Invoice Financing, Accounts Receivable Factoring and related financial services. In today's "credit crunch" economy, Charter Capital is your no-loan source for alternative business financing.
There are many ways to maintain a positive cash flow when growing your
company and exploring your business financing
options. One popular way to increase cash flow
without a loan is factoring. Invoice Factoring (also known as Accounts Receivable Financing) is the practice of selling your accounts receivable (invoices) at a discount to another company. You get the money from the company that you sold your accounts receivable to and they assist you in collecting on the invoices.
Accounts Receivable
Factoring is
not
a loan. Even though invoice factoring is commonly referred to as “
factoring loans”, it is a financial transaction
between the business seeking funds and the factoring
company.
The use of Accounts Receivable Financing from Charter Capital allows your business to extend generous payment terms to your customers and still maintain good cash flow management to accelerate growth and profits -- all without having to borrow money.
Invoice Factoring has been designed to accommodate the
business financing needs of both new manufacturing
companies as well as those that have been around for years. With the cash flow management that
accounts receivable
factoring provides, you are free focus on what you do best; product quality, sales, customer service and growth.
Trucking Companies and Freight Brokers are ideal candidates for Freight Bill Factoring from Charter Capital. With accounts receivable financing as a cash flow management tool, businesses are free to focus on what they do best.
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