Charter Capital works with various types of companies
for their business finance needs and we have a diverse client base. Some industries that we provide invoice factoring services for are: trucking, staffing, security firms, service companies, manufacturing, wholesale, distribution, consulting, machine shops, and oilfield services companies, but the list does not stop there. Call us today, toll free, at (877) 960-1818 to see if we can help you too!
YES! Invoice factoring companies don’t always do this, but Charter Capital Does. We are able to do this because we focus primarily on the financial condition of our client’s customers, rather than the financial condition of the client itself. By providing factoring services on this basis, we can provide funds to our clients resulting in regular and predictable cash flows.
No. Unlike many “factors” advertising on the web, we are not brokers. We are direct providers of funds, so we can give you quick and accurate answers.
Charter Capital Headquarters are in Houston Texas
. However, we do business with growing companies all over the United States. Major markets include: Dallas, TX; San Antonio, TX; Austin, TX; Atlanta, GA; Albuquerque, NM; Phoenix, AZ; Nashville, TN; Indianapolis, IN; Oklahoma City, OK. If you are in Houston and wish to visit us in person, feel free to click here
for directions to Charter Capital.
The last thing we want is for you to lose a customer. We are not a collection agency. We will never harass your customers for money. Maintaining your customers’ goodwill and confidence are of utmost importance to us!
We will focus on the creditworthiness of your customers while banks and other traditional forms of business finance will focus on your company’s financial history and cash flow. Accounts Receivable Factoring is not a loan
and will not show up as debt on your company’s balance sheet. We can make a quick factoring decision, while banks may take weeks—even months—to approve a loan.
If a bank has a lien on your company’s accounts receivable, you should let us know right away. We will ask the bank to subordinate that lien. Some banks will accommodate the request and others may decline depending on your circumstances. Many of our referrals come from loan officers willing to help out the client with cash flow needs. They are very familiar with this kind of interim financing. The other alternative is to pay off the loan if there is plenty of receivables to leverage the buy out.
No. You are not obligated to sell any minimum volume of invoices.
A short application, your company’s most recent accounts receivable and accounts payable aging reports, Articles of Incorporation or d/b/a/ filing, a master customer list and a sample invoice.
Usually 80% of your business comes from 20% of your customers and these would be the most likely to factor, however, we will factor 100% of your customer base so long as they are credit worthy. In order to approve your customer base, we will need their names, addresses, phone numbers and the amounts of credit desired for each client. This will save you time when submitting invoices to us.