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Charter Capital is recognized as one of the hardest working independent providers of invoice factoring for small to mid-sized businesses. We offer a complete line of factoring and related financial services. Headquartered in Houston, Texas, we provide acc
Recent Posts Tagged With 'Accounts Receivable'
Factoring Without the Fear
Historically, factoring has not been well known especially among small business owners.Factoring now accounts for more than $1 trillion a year in business funding. That is more than three times what it was in the early 1990s. Since then, factoring c...
Big Companies Are Slowing Supplier Payments
As the credit crunch continues to intensify, large companies are employing strategies to shore up their cash flow constraints by delaying payments to their suppliers.In a recent article from the Wall Street Journal, "Big Firms Are Quick To Collect, ...
Economy Recovering – Bank Loans Still Scarce
With FDIC reserves plunging to $10.4 billion from $45 billion last fall and the number of troubled banks rising to 416 from 305 in the first quarter, more pressure is being put on banks to “shape up”.Although the economy is showing clear signs o...
The Credit Crunch Is Still On
Just as lenders were starting to ease up a bit after some earnings surprises among companies and economic data that wasn’t as bad as it was earlier this year, an S&P report has indicated that $695 billion in debt will come due between now and ...
BusinessWeek: CIT's Fate Worries Retailers and 'Factor' Industry
"Lender CIT, which failed to secure a second federal bailout, is a big player in the business of extending credit based on receivables."BusinessWeek article: http://www.businessweek.com/smallbiz/content/jul2009/sb20090717_348242.htmThe frantic effort...
