Connect to today’s credit, economy and business finance news from Charter Capital. Get breaking news, updates and reporting on industry news providing small businesses with up-to-date financial information and resources.
Excluding Autos, Retail Sales up in September
The Commerce Department reported that retail sales fell 1.5% in September, largely due to a big drop in auto sales, although sales outside autos were up. Auto sales plunged 10.4%, due to tough comparisons with August sales, which got a boost from the government’s popular “Cash for Clunkers” program. However, excluding autos, retail sales grew 0.5% in September. Sales at gasoline stations rose 1.1% in September, partially reflecting higher prices. Excluding gas and auto sales, retail sales increased 0.4%. Furniture store sales jumped 1.4%, amid signs that the housing industry is starting to recover. Sales at general merchandise stores, a category that includes big retailers such as Wal-Mart and Target, increased 0.9%. Sales at department stores edged up 0.4% and apparel chains posted a 0.5% gain.
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Date Last Updated: 10/15/2009
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Charter Capital services 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 get cash
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 company with unlimited payroll funding ,
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 a FactorLine facility 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 a FactorLine from
Charter Capital can accommodate the working capital funding 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
funding 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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