Live Your Dream - Mike Barrera
Mike Barrera, President and CEO of the U.S. Hispanic Chamber of Commerce, discusses why there's never been a better time for Hispanics to explore the opportunities of entrepreneurship.
Founded in 1979, the U.S. Hispanic Chamber of Commerce promotes the economic growth and development of Hispanic-owned businesses across the country, and serves as the umbrella organization for 200 local Hispanic chambers.
Q: How widespread are Hispanic-owned small businesses today?
A: Hispanic-owned businesses represent a very dynamic area of the U.S. economy. There are now more than two million Hispanic-owned businesses, running the gamut from engineering, legal, financial, contracting, retail and many other types of businesses. Even more encouraging is the rapid growth of women- or Latina-owned businesses. By the end of the year, we expect there will be 800,000 of them.
Q: Given recent Hispanic population growth, is it easier to go into business?
A: Being in an area with a large number of Hispanic residents does present new opportunities to serve that market. But to get started, a Hispanic entrepreneur must still go through the same steps as any other small business owner—do the necessary planning and research, follow all the state and local rules, have financing for six to eight months and hire employees.
Charter Capital is a
proud member of the Houston Hispanic Chamber of Commerce.
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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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