FactorLine from Charter Capital

A Charter Capital FactorLine is your key to growing your business. With a factoring from Charter Capital, you are free from many of the restrictions placed upon your business by traditional bank financing. Most importantly, you are free to grow your business without having to give up equity or control.

At Charter Capital, the factoring process is very simple. Your first step is to contact us. Give us a call or fill out our request for proposal. This process should take you just a few minutes and we will be able to contact you with pricing in less than 24 hours. Once we have set you up with a Charter Capital FactorLine, obtaining cash for your accounts receivable in less than 24 hours is simple and easy.

Factoring from Charter Capital can ease your cash flow worries and allow you to grow your business. No longer will you be afraid to turn down a customer because you cannot grant them payment terms.
No longer will you have to turn down business because your customer isn't going to pay you for 30, 60, or 90 days, but you have to pay your employees on Friday.
No longer will you have to wait for your customer to pay before ordering more material that you need for the next job. Most importantly, with a Charter Capital FactorLine, you can spend your time growing your business instead of worrying about how to pay for it.

Factoring from Charter Capital will enable you to increase your bottom line profits.

A Charter Capital FactorLine is a powerful tool to improve your financial position. When you use your FactorLine to grow your business, your bottom line should increase because the additional profitable business you are now able to add should more than offset the factoring costs. In many business net margins increase as well. Since you have already paid for fixed costs, like rent, office staff, etc, the additional sales that you are able to make are your most profitable ones.

A Charter Capital FactorLine will help you manage your customer accounts. We can provide you with valuable information that can help you determine if a new customer is a higher credit risk or not. We can also assist you in managing your customer accounts. That being said, we know that every business is different. Upon applying for a FactorLine, we will listen to your needs as it involves the collection process and we can customize a program just for your company depending on your particular needs for our involvement. Many of our clients prefer to continue participating in the collection process in the interest of preserving continuity with their customer relationships. As a financial incentive, the Client is rebated a part of the discount fee based upon a schedule of declining days outstanding. Other clients prefer that we become more involved and handle the collections process for them. Either way, your customer will be treated with the same respect and courtesy that you would personally give them.