Retail Sales Sluggish in March
The Commerce Department reported that retail sales edged up 0.2% in March, following a 0.4% drop in February, as consumers worried about a shaky job market, a credit crunch, declining home values and rising fuel and food prices refused to splurge. Excluding a 1.1% jump in sales at gasoline service stations, reflecting higher prices, retail sales would have been flat last month. Sales at department stores and general merchandise stores fell 0.6%, while sales at apparel chains declined 0.5%. Since Easter came early this year, at a time when much of the nation was blanketed by cold weather, these chains lost out on sales of spring apparel. Sales were also down at furniture stores, building supply stores and appliance stores, all areas hurt by the housing slump. Sales were up 0.3% at grocery stores, and 0.2% at auto dealerships.
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Factoring, Credit and
Economy News
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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 Bill Factoring from Charter Capital. We purchase your freight bills
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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