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.
Consumer Confidence Wanes
The Conference Board's Consumer Confidence Index fell in October to 47.7 from an upwardly revised 53.4 in September, an unwelcome sign as retailers head into the holiday season. The research firm's Present Situation Index decreased to 20.7 from 23.0 last month, while the Expectations Index declined to 65.7 from 73.7 in September. Lynn Franco, Director of The Conference Board Consumer Research Center, said, "Consumers' assessment of present-day conditions has grown less favorable, with labor market conditions playing a major role in this grimmer assessment." In fact, the Present Situation Index is now at its lowest reading in 26 years (Index 17.5, Feb. 1983). The index, based on a survey of 5,000 U.S. households, revealed that those claiming jobs are "hard to get" increased to 49.6% in October from 47% in September, while those claiming jobs are "plentiful" decreased to 3.4% from 3.6%.
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Date Last Updated: 11/04/2009
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Charter Capital services many industries. Here are just a few of the industries for which we are currently providing business financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to get financing 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 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 business financing 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 financing facility from Charter Capital can accommodate the working capital funding needs of both new
manufacturing businesses as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology consulting businesses and staffing firms are great candidates for our FactorLine accounts receivable financing 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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