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Credit, Economy and Business Finance News

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.

Industrial Production up Slightly in February

The Federal Reserve reported that industrial production edged up 0.1% in February, the eighth straight monthly gain, following a 0.9% increase in January. However, production in the manufacturing sector - the largest component of the Fed’s index - fell 0.2%, which was offset by gains of 2% in mining and 0.6% in utilities. Manufacturing was impacted by major winter storms that battered much of the Northeast and Mid-Atlantic states in February, but the increased demand for heating energy boosted mining and utility production. The consistent gains in production suggest the economy is gradually recovering from the deep recession.

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Date Last Updated: 03/17/2010

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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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