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.
Inflation in Check
The Labor Department reported that consumer prices were unchanged in February, a sign that the weak economy is keeping inflation in check. The flat reading reflected a drop in energy costs and a gain in food prices. Core inflation, excluding energy and food, grew a modest 0.1%, due largely to increases in medical and car costs. Medical care costs grew 0.5% for the second straight month in February, the government said. Used car prices increased 0.7%, the seventh straight gain. Many analysts attribute the rise to last summer's "Cash for Clunkers" program, which took many used vehicles out of circulation. Meanwhile, the housing slump has flattened prices. Rents and other housing costs were unchanged in February, after falling 0.5% the previous month. Many economists expect the weak recovery to keep inflation in check for the rest of the year and the Federal Reserve has pledged to keep interest rates at record lows for an extended period, a sign that it agrees with those economists.
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Date Last Updated: 03/25/2010
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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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