Charter Capital
Houston invoice factoring since 2001. No published max, fees 1% to 3%, typical 90% advance, no credit or volume minimum, same-day funding once set up. Best for B2B firms.
Rates & Cost
What the financing costs, normalized so lenders can be compared.
Repayment Terms
How and how fast you pay it back, and how flexible it is.
Eligibility & Access
Who qualifies and what you have to put on the line.
Speed & Service
How fast you get funded and how the lender treats you.
Company Verification
Who actually stands behind the lender: legal entity, registration, and how long the business and its website have existed. Checked against public registries.
Best for: B2B firms in trucking, staffing, security, oilfield services or manufacturing that want to choose which invoices to sell.
Not for: Businesses that need guaranteed non-recourse cover or a published maximum, or that sell to consumers.
Lender List verdict: Charter Capital is a direct Houston-area factor with a published 1% to 3% fee and same-day funding once set up. A 2% fee on an invoice paid in 45 days is about 18% simple annualized.
Charter Capital at a glance
| Charter Capital | |
|---|---|
| Lender type | Direct invoice factoring company (not a broker) |
| Founded / HQ | 2001 / Bellaire (Houston), Texas |
| Advance | Typically 90%, up to 98% |
| Cost (headline) | 1% to 3% of invoice value |
| Funding speed | Approval within 24 hours; same-day advances |
| Status | Active (checked 2026-10-27) |
What is Charter Capital?
Charter Capital (Charter Capital Holdings LP) is a Houston-area invoice factoring company founded in 2001. Its co-founders ran an earlier Houston factor that a bank bought in 1998. It funds companies nationwide.
How Charter Capital factoring works
Charter Capital buys the invoices you choose and usually advances cash the same day.
- You submit invoices; there is no minimum.
- Charter verifies them and advances about 90%.
- Your customer pays Charter on its normal terms.
- Charter returns the reserve, less its fee, within 1 to 2 business days of payment.
Charter Capital advance rate, factor fee, and recourse
Charter Capital charges 1% to 3% of invoice value for most clients and typically advances 90%, up to 98%.
- Fee structure: Flat or tiered; minimum-volume fees are rarely applied.
- Fees that do not exist: ACH transfer fees; setup fees are waived.
- Recourse: Not stated; agreements can be recourse or non-recourse, so ask which you're signing.
Worked example: sell a $100,000 invoice at a 90% advance and a 2% fee. You get $90,000 now and $8,000 later, after a $2,000 fee. Paid on day 45, that is about 18% simple annualized (19.5% compounded). At 1% it is about 9%; at 3%, about 27%. We found no independent review of these prices.
Charter Capital requirements
Charter Capital approves mainly on your customers' credit, not yours.
| Requirement | Charter Capital minimum |
|---|---|
| Personal credit score | No minimum; no hard pull for a quote |
| Time in business | None stated; startups accepted |
| Annual revenue | Lender does not publish |
| Customer creditworthiness | Each customer is credit-checked |
| Existing bank lien | Bank must subordinate |
| Invoice age limit | Lender does not publish |
| Industries excluded | Lender does not publish |
| Personal guarantee | Lender does not publish |
Compare Apex Capital in Texas or all invoice factoring companies.
Frequently asked questions about Charter Capital
Is Charter Capital Legit? Yes. Charter Capital Holdings LP has factored invoices since 2001, holds California Financing Law license 60DBO-193594 and has been BBB accredited since March 2021. Reviews are thin: 4.1 on Trustpilot (five reviews, newest 2022) and 4.1 on Trustburn (10). We found no regulator actions in the sources we reviewed.
How Much Does Charter Capital Factoring Cost? Charter Capital says most clients pay 1% to 3% of the invoice value, based on customer credit, monthly volume and industry, with no ACH fees. On a $100,000 invoice paid in 45 days at 2%, the fee is $2,000, roughly 18% simple annualized.
Is Charter Capital Recourse or Non-Recourse? Charter Capital does not say which is standard. Its guide says under recourse you may be responsible for an unpaid invoice, and Charter may keep that reserve, while non-recourse moves more of that risk to Charter. Ask which plan you're signing.
Will My Customers Know I'm Factoring? Yes. Charter Capital verifies invoices with your customers and has them pay Charter directly. If a customer sends a payment to you on a purchased invoice, you must forward it. You can stay involved in collections, and Charter rebates part of its fee when you help invoices get paid sooner.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
Best for: B2B firms in trucking, staffing, security, oilfield services or manufacturing that want to choose which invoices to sell.
Not for: Businesses that need guaranteed non-recourse cover or a published maximum, or that sell to consumers.
Lender List verdict: Charter Capital is a direct Houston-area factor with a published 1% to 3% fee and same-day funding once set up. A 2% fee on an invoice paid in 45 days is about 18% simple annualized.
Charter Capital at a glance
| Charter Capital | |
|---|---|
| Lender type | Direct invoice factoring company (not a broker) |
| Founded / HQ | 2001 / Bellaire (Houston), Texas |
| Advance | Typically 90%, up to 98% |
| Cost (headline) | 1% to 3% of invoice value |
| Funding speed | Approval within 24 hours; same-day advances |
| Status | Active (checked 2026-10-27) |
What is Charter Capital?
Charter Capital (Charter Capital Holdings LP) is a Houston-area invoice factoring company founded in 2001. Its co-founders ran an earlier Houston factor that a bank bought in 1998. It funds companies nationwide.
How Charter Capital factoring works
Charter Capital buys the invoices you choose and usually advances cash the same day.
- You submit invoices; there is no minimum.
- Charter verifies them and advances about 90%.
- Your customer pays Charter on its normal terms.
- Charter returns the reserve, less its fee, within 1 to 2 business days of payment.
Charter Capital advance rate, factor fee, and recourse
Charter Capital charges 1% to 3% of invoice value for most clients and typically advances 90%, up to 98%.
- Fee structure: Flat or tiered; minimum-volume fees are rarely applied.
- Fees that do not exist: ACH transfer fees; setup fees are waived.
- Recourse: Not stated; agreements can be recourse or non-recourse, so ask which you're signing.
Worked example: sell a $100,000 invoice at a 90% advance and a 2% fee. You get $90,000 now and $8,000 later, after a $2,000 fee. Paid on day 45, that is about 18% simple annualized (19.5% compounded). At 1% it is about 9%; at 3%, about 27%. We found no independent review of these prices.
Charter Capital requirements
Charter Capital approves mainly on your customers' credit, not yours.
| Requirement | Charter Capital minimum |
|---|---|
| Personal credit score | No minimum; no hard pull for a quote |
| Time in business | None stated; startups accepted |
| Annual revenue | Lender does not publish |
| Customer creditworthiness | Each customer is credit-checked |
| Existing bank lien | Bank must subordinate |
| Invoice age limit | Lender does not publish |
| Industries excluded | Lender does not publish |
| Personal guarantee | Lender does not publish |
Compare Apex Capital in Texas or all invoice factoring companies.
Frequently asked questions about Charter Capital
Is Charter Capital Legit? Yes. Charter Capital Holdings LP has factored invoices since 2001, holds California Financing Law license 60DBO-193594 and has been BBB accredited since March 2021. Reviews are thin: 4.1 on Trustpilot (five reviews, newest 2022) and 4.1 on Trustburn (10). We found no regulator actions in the sources we reviewed.
How Much Does Charter Capital Factoring Cost? Charter Capital says most clients pay 1% to 3% of the invoice value, based on customer credit, monthly volume and industry, with no ACH fees. On a $100,000 invoice paid in 45 days at 2%, the fee is $2,000, roughly 18% simple annualized.
Is Charter Capital Recourse or Non-Recourse? Charter Capital does not say which is standard. Its guide says under recourse you may be responsible for an unpaid invoice, and Charter may keep that reserve, while non-recourse moves more of that risk to Charter. Ask which plan you're signing.
Will My Customers Know I'm Factoring? Yes. Charter Capital verifies invoices with your customers and has them pay Charter directly. If a customer sends a payment to you on a purchased invoice, you must forward it. You can stay involved in collections, and Charter rebates part of its fee when you help invoices get paid sooner.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
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