Cash flow problems are one of the main reasons that many small businesses fail. A factoring company like Charter Capital can potentially provide you with upfront cash for every single unpaid invoice. We act as an outsourced credit department, handling the collection and processing of…
Not sure if a factoring company or a bank is right for your small business? Both can provide your company with working capital and help you cope with cash flow lulls, but factoring helps in ways loans don’t and can fill gaps left by traditional…
Small-business owners need of working capital often turn to merchant cash advances (MCAs) to fill the gap. Given their popularity and the way the terms are presented, it’s easy to think that they’re a simple and cost-effective way to get a quick cash injection, but…
90% of startups fail. Learn why it happens and how to safeguard your company against startup failure here.
Small businesses have historically turned to banks to get the funding they need, but traditional funding is expensive, and it’s always been tough to get approval. In the throes of COVID-19, approval rates further plummeted to a mere 11.5 percent, according to the Small Business…
Not getting the response you need from your marketing materials? Are prospects a little bored during your pitch? Need to revitalize your sales efforts? If the answer is yes to any or all of these, you have a marketing problem. What you need is a…
Historically, factoring has not been well known especially among small business owners.
As the credit crunch continues to intensify, large companies are employing strategies to shore up their cash flow constraints by delaying payments to their suppliers.
It’s the American Dream to own and grow your own business. But, whether you’re already flourishing or just getting started, launching a company requires a lot of work and resources. Of course, having a great idea, product, or service is perfect for establishing the foundation,…
A common challenge for many small businesses is the feast-or-famine nature of managing cash flow. Poor cash flow can mean certain doom of an otherwise healthy business. Beware, a cash flow crunch can sneak up on you if you aren’t prepared. It can affect a…
