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Leading Indicators up for Fourth Straight Month
The Conference Board’s Index of Leading Economic Indicators rose for the fourth consecutive month in July, but at a slower pace than in the prior three months. The index gained 0.6% in July, following a 0.8% increase in June and a 1.2% advance in May. The six-month growth rate rose to 3% through July, up from 2.1% through June. That's the highest growth rate since mid-2004, the Conference Board said. The index suggests that the recession has bottomed out and that economic growth should follow. Six of the 10 indicators that comprise the index increased in July, including employment data and stock prices. The largest gain was in the "interest rate spread," the difference between yields on 10-year
Treasuries and the federal funds rate at which banks lend to one another, which is at a record low near zero. A big difference between the two is viewed favorably because investors are willing to lend for longer periods.
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Date Last Updated: 08/27/2009
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Charter Capital provides business finance services in many industries. Here are just a few of the industries
we are currently financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to finance
their business needs
with Freight Factoring from Charter Capital. We purchase your Freight Invoices
and fund you within 24 hours, so you don't have to wait to get paid.
Staffing Firms
We can help you grow your staffing business with unlimited payroll finance
options,
whether you're a start up or a multi-million dollar
temp-staffing agency. Our
clients provide staffing for various industries including Professional, Office
Services, Medical, and Manufacturing.
Security Firms
Demand for security services in the USA is on the rise. Be financially prepared
to gain your share with accounts receivable finance options only from Charter Capital.
Manufacturing
If your business is a manufacturing plant, distributor,
packaging company, or
any business that invoices to credit worthy customers, then
accounts receivable financing
from Charter Capital can finance the working capital needs of both new
manufacturing companies as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology
consulting and staffing firms are great candidates for our FactorLine accounts receivable
finance service, enabling you to increase your cash flow without the need
for bank loans. We are always adding new industries and will consider factoring
service providers in any industry.
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