Charter Capital

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