Credit, Economy and Financial News
Factory Orders Down in March
The Commerce Department reported that factory orders fell 0.9% in March, as shipments of manufactured products declined 1.2%, an eighth consecutive decline. In addition, the government revised February’s increase in orders to show a 0.7% gain, compared to an original estimate of 1.8% growth. U.S. manufacturers have been pounded by the prolonged recession that has spread overseas and sharply reduced their foreign sales. For March, orders for durable goods fell 0.8%, while orders for nondurable goods dropped 1%. The weakness in nondurable goods reflected declines in demand for textile goods, clothing, paper and chemicals, which was partly offset by a rise in demand for petroleum.
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Date Last Updated: 05/07/2009
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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 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 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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