Charter Capital vs Gateway Commercial Finance: Which Should You Use?
A field-by-field comparison of Charter Capital and Gateway Commercial Finance — published terms, positioning, who each suits, and what to check before signing. Our commercial position on both is stated up front.
Our position on both
We have no commercial relationship with Charter Capital. We have no commercial relationship with Gateway Commercial Finance. See the full rate card.
Charter Capital and Gateway Commercial Finance both provide invoice factoring, and on the surface the products look similar. The differences that matter are in positioning, contract posture and what each company is willing to publish. This page puts them side by side on the same fields.
Published terms, side by side
| Field | Charter Capital | Gateway Commercial Finance |
|---|---|---|
| Advance rate | Not published | Up to 97% |
| Recourse | Not published | Non-recourse available |
| Monthly minimum | Not published | Lines from $25K to $10M |
Gateway Commercial Finance terms from www.gatewaycfs.com — read 2026-07-29. We re-check monthly.
Only terms at least one company publishes are shown. Neither publishes: advertised rate, typical small-operator rate, contract. We never fill a gap with an estimate. Method →
What each is actually optimising for
Charter Capital
Long-established small-business factor without the bundled-services approach of trucking specialists.
- Small-business focus
- Long operating history
- All-industry
Gateway Commercial Finance
Small-business focused with explicit no-long-contract positioning and genuinely useful published guidance on what to check.
- Small-business AR factoring
- No long-term contract positioning
- Recourse and non-recourse
- Tiered pricing
- Publishes education
Choose Charter Capital if
- Small businesses wanting a straightforward AR facility
- Companies that value longevity in a counterparty
Choose Gateway Commercial Finance if
- Small businesses wanting flexibility over the lowest rate
- Companies new to factoring who want the mechanics explained
- Operators wanting the recourse/non-recourse choice
Where each one is the wrong choice
Skip Charter Capital if
- You want published pricing
- You need trucking-specific tooling
Skip Gateway Commercial Finance if
- You need very large facilities
- You want a trucking-native product
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What to check with each before signing
Charter Capital
Ask directly about monthly minimums and contract length — the two terms that most often surprise small businesses.
Gateway Commercial Finance
They publish a good checklist of questions to ask a factor. Use it on them too — particularly advance rate and reserve requirements.
How to actually decide between them
With rate data incomplete on both sides — which is the normal condition of this market — the decision comes down to four things you can establish yourself in one phone call to each.
- Will they take you? Authority age, business size or industry, and volume floor. This eliminates one of them more often than price does.
- What does a slow month cost? The monthly minimum, not the rate, is what hurts at low volume. Price your worst realistic month under each.
- How do you get out? Term, notice window, termination fee, UCC release speed. Ask for all four in writing.
- What does the non-recourse actually cover? Request the covered-event definition, and one example of a claim each has declined.
Then put the two written offers in front of each other. Quoted terms in this market move when there is a credible alternative on the table, and they rarely move without one.
Our read on each
Charter Capital: A conventional small-business option. The terms conversation matters more than the brand.
Gateway Commercial Finance: Strong educational posture and flexible terms. A sensible small-business shortlist entry.
Both judgements are about published positioning and structure, not about a rate verified for your specific business.
Full reviews
- Charter Capital review — published terms, who it suits, what to check
- Gateway Commercial Finance review — published terms, who it suits, what to check
Compare against all 34 companies in the index →