Charter Capital Expands Invoice Factoring to Fund Growing Oilfield Service Companies

In our recent press release (PRWEB), we announced our expansion of invoice factoring lines for oilfield service companies working in the Permian Basin of West Texas and Southeast New Mexico. Because of the rapid expansion in the oilfield services industry, Charter Capital has positioned itself to address the cash flow challenges of oilfield service companies and qualified small businesses selling products and services in this industry.

Invoice Factoring is frequently overlooked as a viable funding option for growing companies. This type of financing is a great tool that enables businesses to tap into the power of their outstanding accounts receivable. It is a viable method to turn invoices into immediate cash flow and give a business the ability to fund their growing operation.

Many small businesses have turned to Charter Capital for their cash flow needs. We are not a broker or a middleman, but a direct source of funds and do not involve any third-party lenders.

Keith Mabe is Vice President of Operations at Charter Capital, a leading invoice factoring company for small to mid-sized businesses. Headquartered in Houston, Texas, Charter Capital provides accounts receivable financing and asset-based lending for major industries including freight and transportation, consulting firms, service providers, staffing firms, distributors and manufacturers, an oil and gas service companies.