Charter Capital has expanded access to funding options for small businesses supplying big box companies like Walmart.
In a recent press release (PRWEB) Charter Capital is able to fund advances to a wide range of small suppliers that are having trouble meeting the need to extend ever increasing payment terms to “big box” customers like Wal-Mart and others.
Because of ongoing issues of qualifying for bank loans and payments from customers being delayed, Charter Capital has expended its capabilities as a preferred source of small business funding through invoice factoring.
Often overlooked as an alternative for small businesses cash needs, Invoice Factoring (also known as Accounts Receivable Financing) is a valuable financial tool that enables companies to harness the power of their outstanding Accounts Receivable. It is an indispensable tool to convert unpaid invoices into immediate cash, enabling businesses to address operational needs.