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 Remains in Check
The Labor Department said consumer prices grew a modest 0.1% in March, as a fragile economy kept prices in check. Core inflation, which excludes the volatile food and energy sectors, was flat last month. Over the past 12 months, core inflation is up by just 1.1%, the lowest 12-month showing since a similar 1.1% rise for the year ending in January 2004. With inflation in check, the Federal Reserve is under little pressure to raise interest rates any time soon. But, despite the good inflation news, household budgets remained under pressure. In a separate report, the Labor Department said that average hourly earnings dipped 0.1% in March and dipped 0.2% after adjusting for the small rise in inflation. Over the past year, hourly earnings, after adjusting for inflation, are down 0.6%, evidence of how severely the recession has depressed wages.
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Date Last Updated: 04/14/2010
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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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