PRESS RELEASE: Charter Capital Develops Strategic Alliance with Profit Tools, Inc. to Provide Software Service With Accounts Receivable Financing
Trucking companies benefit from increased cash flow with invoice factoring from Charter plus the added benefit of trucking software by Profit Tools, Inc.
Houston, TX, November 14, 2008 -- Charter Capital, recognized as
one of the hardest working independent providers of
asset based financial services for small to mid-sized
businesses, and Profit Tools, Inc, a leading provider of
business automation software for the trucking industry,
have teamed together to offer their respective services
to the trucking industry. When Profit Tools refers a
trucking company Charter Capital for factoring services,
then the trucking company gains the opportunity to
automate its trucking business by acquiring fleet
management software at little or no additional cost.
This strategic alliance gives trucking companies the
tools they need to strengthen their business and weather
tough economic times. Factoring with Charter Capital
turns accounts receivable into immediate cash flow to
accelerate business growth and insulate operations from
lengthening customer payment cycles. Profit Tools
trucking software provides business automation solutions
to further increase cash flow, speed billing and
dispatch processes, and improve overall efficiency.
Profit Tools has modules that give trucking companies
the ability to automate almost every part of their
business, including mobile communications, document
imaging, EDI Direct and container tracking and tracing.
“Together with Profit Tools, Charter Capital is poised
to assist every size trucking business with the tools
they need for success” said Keith Mabe, Director of
Operations at Charter Capital.
“Trucking companies we refer to Charter Capital can get
the benefits of a market competitive factoring rate and
the use of the Profit Tools system,” said Brian Widell,
President of Profit Tools, Inc.
Join us at the National Industrial Transportation
League (NITL) TransComp Exhibition. This important
freight transportation event is being held at the
Greater Ft. Lauderdale / Broward County Convention
Center in Ft. Lauderdale (Florida) between November
16-18, 2008. Come and talk to ProfitTools and Charter
Capital's transportation experts!
A major part of the program is the trade show, the
TransComp Exhibition, which is co-located with the
Intermodal Association of North America’s (IANA’s)
Intermodal Expo. No other freight transportation event
offers you more.
About Charter Capital.
Charter Capital is a specialized finance company
structured to provide funding and accounts receivable
management that is an alternative to conventional bank
lending of working capital funds. Charter capital turns
accounts receivable into immediate cash flow for
companies to run their business. For more information
please visit http://www.chartercapitalusa.com.
About Profit Tools, Inc.
Profit Tools, Inc. is a leading provider of software and
business automation for small- and medium-sized
Intermodal and Multimode trucking companies. Profit
Tools solves key issues of growing companies, using
industry-leading software and backed by a superior and
reliable training and implementation team. Profit Tools
is headquartered in Lee, New Hampshire, and can be found
online at
www.ProfitTools.NET.
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