Blog Detail
Small Business and Invoice Factoring News
http://networking.bizjournals.com/Keith332/bl…
Welcome to Charter Capital's Small Business News Blog.
We know it takes a lot of time and effort to grow your business. That's why we launched this blog, to provide you with valuable information to help you succeed.
Once a month we'll bring you expert tips, success stories and relevant information in a short and to-the-point format. Since small business is the heartbeat of our economy, our goal is to help your business succeed.
We hope you find our blog helpful. In fact, we'd love to hear from you. Your stories, tips and insights may inspire other business people so don't hesitate to post on this blog.
- Added on: Jun 8th, 2009
- Country: United States
- Language: English
Recent Posts
PRESS RELEASE: Factoring Company Funds Small Businesses Crucial to Supply Chain
Charter Capital is offering non-loan working capital financing through an accounts receivable factoring program supporting a wider range of small business suppliers than those currently approved by Wal-Mart’s “Supplier Alliance Program.” N...
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, factori...
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 Colle...
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 2...
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...
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.htm The frantic effo...
