Invoice Factoring

Invoice Factoring Brokers

Is Charter Capital a Broker?

The answer is "No".

There are many excellent brokers that exist in the market place. However, we fund utilizing our own resources and capital. We believe that our tailor made approach to each client's individual needs is why we have succeeded in the competitive financial services industry.

What is an Invoice Factoring Broker?

It is a person (or firm) that works to take businesses accounts receivable packages to financial firms who will place bids on them. Depending on how the broker is setup, he may take them to an open market or may present them directly to a specified group of factoring companies that he does business with. The broker himself does not purchase your receivables, but merely acts as an agent to find someone who will.

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 invoices:

1. Invoice Factoring can turn your accounts receivable into immediate cash without giving up equity

2. Invoice Factoring is quick and simple

3. Invoice Factoring allows you to offer better and more competitive credit terms to customers

4. Invoice Factoring enables you to take advantage of early payment or volume discounts

5. Invoice Factoring lets you concentrate on growing your own business

6. Invoice Factoring helps you to begin to build and improve your credit

7. No new debt - invoice factoring is not a loan

8. Invoice Factoring helps to get invoices paid faster

9. Early detection and warning of customer service problems

10. Receive professional collections, invoice processing assistance, credit screening and monitoring

Charter Capital Blogs and Online Resources

Factoring on Google