Charter Capital

Are Slow-Payers Putting the Brakes on Accounts Receivable?
Factoring Companies Can Rev Up Your Cash Flow.
https://www.chartercapitalusa.com/accounts-receivable-factoring-companies-rev-up-your-cash-flow/

According to the ATA, there’s no better time to be a trucker or to own a trucking firm in the U.S. The industry enjoyed a robust $796.7 million in revenues in 2018, up nearly $100 million from the previous year. Truckers moved almost 11.5 billion tons of freight in 2018, representing 71.4 percent of all U.S. tonnage freight. That number could be s…[Read more]

No one likes being played for a sucker. How can you protect your small business when you apply for an online loan or cash advance so that you’re not really funding someone else’s scam?

Considering Online Funding? Don’t Get Played for a Sucker

The Tax Man doesn’t have to take it all. Just because taxes are necessary, that doesn’t mean there aren’t things you can do to lessen your bill when it comes due.

Here Comes the Tax Man – Six Tips to Get Ready for the Big Day

Nationally, banks reject small business loan applications 80 percent of the time, on average. So, each time an entrepreneur walks into a bank seeking capital to start or expand his or her business…

Tired of Striking Out with Banks, Small Businesses Find Alternative Lenders’ Pitch More to Their Liking

Mack is hiring for a mysterious project in Virginia. It started with a few job listings posted earlier this month by Mack’s parent company for engineering positions.

Mack is hiring for a mysterious project in Virginia. Could it be a new truck line? [The Morning Call (Allentown, Pa.)]

Now the race is on to roll out the first battery-powered big rigs. Telsa is expected to start delivering a handful of electric long-haul trucks by 2020.

How fast can California switch from diesel-burning freight trucks to electric big rigs? [The San Diego Union-Tribune]

Stephen joins Charter Capital to continue success in providing accounts receivable financial services to many of the top industries it serves.

Stephen Ray Joins Factoring Company Charter Capital as VP of Business Development

Golden Times for Those in Skilled Trades
If you’re engaged in the skilled trades, either as an entrepreneur or a craftsman for hire, you may not have time to read this article. You’re simply too busy working.

Golden Times for Those in Skilled Trades

Now that the government has re-opened for business, many are expecting to see a quick resumption in loan processing. This means that the Small Business owners need to have a backup financing plan. The good news? There are options.

What small businesses can do while waiting for SBA loans to be approved after the shutdown

Navistar and the UAW has reached a tentative agreement on the local contract. A ratification vote is set for Saturday in Springfield.

UAW, Navistar reach tentative pact; ratification vote Saturday [Dayton Daily News, Ohio]

More than a quarter of small businesses surveyed said they planned to increase investments and hire more staff in 2019. However, as the calendar now flips to a new year, is that near-record optimism justified in light of recent economic news?

Is the U.S. Economy Slowing?

A six-year contract ratified by the United Auto Workers is now the subject of an unusual dispute, after Navistar told the News-Sun Wednesday that the company is not willing to sign the agreement because workers in Springfield have not approved a separate, local agreement with the truck…[Read more]

The results show small business owners and operators are still upbeat about the overall national and local economy.

Small Business Optimism Remains High Heading into 2019