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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 companies. 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 for growing
companies and exploring 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 factoring company that you sold your accounts receivable to and they assist you in collecting on the invoices.
Top 10 Reasons to Talk to an Invoice Factoring Company About Your Business Financing.
Many small companies start invoice factoring for one reason or another, so Charter Capital has compiled a list of the most important reasons to begin factoring.
Top 10 Reasons to begin factoring
your accounts receivable:
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Factoring can turn your accounts receivable into immediate cash without giving up equity
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Factoring is quick and simple
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Factoring allows you to offer better and more competitive credit terms to customers
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Factoring enables you to take advantage of early payment or volume discounts
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Factoring lets you concentrate on growing your own business
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Factoring helps you to begin to build and improve your credit
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No new debt - factoring is not a loan
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Factoring helps to get invoices paid faster
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Early detection and warning of customer service problems
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Receive professional collections, invoice processing assistance, credit screening and monitoring
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.
Here Are Just a Few of the Industries We Provide Invoice Factoring Services For
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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