Staffing Companies
Factoring with Charter Capital allows your business to extend generous payment terms to your customers and still obtain cash to accelerate growth and profits -- all without a loan.
Manufacturing Factoring from Charter Capital has been designed to accommodate the business financing needs of both new manufacturing companies as well as those that have been around for years.
Headquartered in Houston, Texas Charter Capital is recognized as one of the hardest working independent providers of
accounts receivable factoring 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.
What is Factoring?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.
Compare Factoring to a Bank Loan
Factoring of Accounts Receivable 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.