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At Charter Capital, we are committed to helping small businesses realize their full growth potential by enhancing their cash flow. Privately owned and headquartered in Houston, Texas, we are a full-service invoice factoring company. Our principals ... Read More
Competitive Rates: Charter Capital’s low rates keep more money in your pockets.
Up to 100% Advances: Whereas other companies may only advance you 60-80% of an invoice’s value, Charter Capital can deliver up to 100%.
No Sign-Up Fees: There’s no cost to apply or get started with invoice factoring.
Transparent Pricing: You’ll always know exactly what to expect.
Fast Approval: You’ll receive your factoring quote and terms usually the same day you apply. Free Collections Services: They’ll collect for you so you can focus on your business and stop chasing invoices.
Free Credit Reports: Learn about the creditworthiness of your clients and make informed decisions about the work you take on.
White-Glove Service: Your dedicated account manager will be standing by to help you whenever you need it.
Factoring is an alternative funding solution that turns your unpaid B2B invoices into working capital. Instead of waiting 30, 60, 90, or more days for your clients to pay, you simply submit your unpaid invoice to the factoring company. The factoring company advances you a portion of the invoice’s value right away.
You’re free to spend the funds in whatever way you feel benefits your business most. Apply it to payroll, cover business overhead, or invest in your company’s growth. No matter what you choose, the factoring company will be the one waiting on the payment while you move forward. Once your client pays the invoice, the factoring company sends you any remaining funds, minus a nominal factoring fee.
What Are the Benefits of Factoring?
Fast Funding: You can get cash on the same day you submit your invoice.
No Long-Term Contracts: You choose which invoices you want to factor and when to factor them.
Debt-Free Funding: Unlike loans with principal and interest to pay back, factoring does not create debt because your clients are the ones paying the invoices.
Easy Qualification: There’s no minimum credit score, so it’s easy to get approved.
Since 1994, Scale-Funding Business Capital has provided best-in-class factoring solutions to thousands of small to midsize companies across the United States. These companies choose us because they need working capital and value the knowledge and... Read More
Expertise: We specialize in funding companies, with 29 years in business and serving customers across the US.
Dedicated Advisor: Get to work with a business advisor to help you with your lending needs.
Flexibility: Our funding ranges from $30K to $8M per month per customer, supporting businesses from startups to established companies.
Client-Focused: While we prefer service companies, we're open to diverse clientele. (Please note, we don’t handle progress/milestone billing construction).
Credit Accommodations: Our services are available to clients with imperfect personal credit, provided there’s no financial fraud on their records.
Competitive Advances: We offer up to 90% advances on standard deals and up to 97% for over-the-road trucking clients.
Quick & Reliable Funding: Our initial funding process typically takes just five business days, and subsequent funds are sent the same day we receive the invoices.
Flexible Contracts: We offer month-to-month agreements, ensuring that you never feel trapped in a long-term contract.
Invoice factoring is similar to invoice financing, but it operates on a slightly different model. Instead of borrowing against the value of the outstanding invoices, business owners sell their invoices to a factoring company at a discounted rate, in exchange for immediate cash. The factoring company then takes over the responsibility of collecting payments from the invoice recipients. Invoice factoring is an alternative to traditional bank loans because it offers faster access to cash than a typical loan, without requiring collateral or having to undergo a lengthy lending process.
Invoice Financing: What It Is and How It Works
Invoice financing is a funding solution in which businesses borrow against unpaid invoices to gain access to the cash they need. Essentially, invoice financing lets you convert your unpaid invoices into cash, without having to wait for the invoices to be paid. The basic process works like this: a lender or alternative financing provider (like a bank or online lender) evaluates your business’s unpaid invoices and offers you a loan based on the value of those invoices. You receive a percentage of the total value of the outstanding invoices upfront and repay the loan (plus interest) over time.