Charter Capital is offering Invoice Factoring Services and accounts receivable factoring programs to support a wider range of options for funding small business suppliers.
In our recent press release, and taking our cue from big bank endorsement of Wal-Mart’s “Supplier Alliance Program”, we have stepped-up our capabilities to offer fund advances to an even greater range of suppliers that have been challenged by the need to extend more generous payment terms to large customers like Wal-Mart, Costco and others.
With increasing demand placed upon small suppliers along with the decrease in the availability of commercial loans, we have become a preferred alternative source of funding.
Invoice Factoring is often overlooked as a viable choice for growing businesses. Also known as Accounts Receivable Financing, this form of funding is a valuable financial tool that allows businesses to leverage the power of their unpaid invoices.