A charter sales company such as Charter Sales Company Inc is best funded through revenue-based financing (an MCA-style advance) from a marketplace of funders, because approval is driven by your bank deposits and booking revenue rather than your credit score. For a seasonal, deposit-heavy business that brokers or sells charter services, this matters: a lender that reads your last three to six months of merchant and bank activity can typically approve working capital of around $10,000 or more with a FICO of 500+, and fund in roughly 24 to 48 hours. That speed lets a charter sales operation cover a slow off-season, pre-pay for inventory or fleet access, or bridge the gap between when a client books and when the money clears. Below we walk through how this works, when it fits, and when you should avoid it.
Key takeaways
- Charter sales companies are funded best through revenue-based financing, which approves on bank deposits and booking revenue rather than credit score.
- Typical qualifications: FICO 500+, roughly 6+ months in business, and consistent monthly deposits, with funding usually starting near $10,000.
- Funding speed is fast — decisions in hours and money commonly in the account within 24 to 48 hours.
- Repayment is a fixed daily or weekly remittance tied to cash flow, which can be structured around a seasonal booking calendar.
- A marketplace of funders matters because a seasonal charter file declined by one funder is often approved by another reading the same statements.
- No legitimate funder guarantees approval — 'guaranteed' offers are a warning sign.
- Match the capital to the use: short-term, fast-return seasonal needs fit well; long-lived asset purchases usually belong in equipment financing or an SBA loan.
What kind of business is a charter sales company?
"Charter Sales Company Inc" is the kind of legal name used across several charter-adjacent industries. A charter sales business generally earns revenue by booking, brokering, or reselling charter services and the equipment or access behind them. In practice, the label covers operations such as:
- Yacht and boat charter sales — selling or brokering charter bookings for marine vessels, often highly seasonal and tied to a coastal market.
- Aircraft and jet charter sales — brokering private-flight bookings and empty-leg deals, with large ticket sizes and long collection cycles.
- Bus, motorcoach, and ground charter sales — selling group transportation for tours, events, schools, and corporate travel.
- Fishing, dive, or excursion charter sales — smaller-ticket, high-frequency bookings that show up as steady card and deposit volume.
What ties them together from a funding standpoint is the cash-flow shape: lumpy, seasonal, deposit-driven revenue with a mix of upfront customer deposits and back-end balances. Underwriters care far more about that deposit rhythm than about the exact vertical.
Why revenue-based financing fits a charter sales company
Charter sales operations rarely fit a bank's box. Banks want two years of clean tax returns, strong personal credit, and hard collateral. A charter sales company that books through third parties, carries thin margins on brokered deals, or runs a seasonal calendar often fails those tests on paper while being perfectly healthy in the bank account.
Revenue-based financing flips the underwriting. A marketplace funder pulls three to six months of business bank statements and reads:
- Average monthly deposit volume and the number of deposits
- Consistency of revenue and how deep the seasonal dips go
- Negative days and any existing advances or daily debits
- Ending balances and overall cash-flow discipline
Because approval leans on revenue over credit, a charter sales company with FICO in the 500s and no collateral can still qualify. Repayment is structured as a fixed daily or weekly remittance tied to cash flow, so it moves with your booking season instead of demanding a rigid monthly note. For context on how this compares to term loans and lines of credit, see our small business loans guide and our overview of revenue-based financing.
What you need to qualify
The document load is light compared with a bank, which is the point. A charter sales company can usually get a decision with:
- Time in business: generally 6+ months operating.
- Revenue: a consistent deposit base — many funders look for roughly $10,000+ in monthly revenue, with funding amounts scaling from about $10,000 upward.
- Credit: FICO 500+ is workable; stronger credit widens your options and improves pricing.
- Bank statements: the last 3-6 months, business account.
- Basic file: a completed application, voided check, and proof of ownership/ID.
A marketplace matters here because a single funder may decline a seasonal charter file that a different funder on the same platform will fund. Submitting once to a marketplace puts your bank statements in front of multiple funders competing on the same revenue picture. Note that no legitimate funder can promise approval in advance — anyone using the word "guaranteed" is a warning sign, not a feature.
Decision framework: when it fits and when to avoid it
Revenue-based financing is a tool, not a default. Use this framework before you sign.
Works best when:
- You have a time-sensitive, revenue-generating use — pre-booking fleet or aircraft access, locking seasonal inventory, covering payroll into peak season, or funding a marketing push before your booking window opens.
- Your deposits are consistent enough to comfortably absorb a daily or weekly remittance without pushing the account negative.
- You were declined by a bank on credit or documentation but your bank statements are strong.
- The advance clearly generates more cash flow than it costs — the return on the capital is fast and visible.
Avoid when:
- You'd use it to cover a chronic shortfall or an unprofitable book of business — daily remittances will accelerate the problem, not solve it.
- Your revenue is too thin or too erratic to service a fixed remittance through the off-season.
- You are stacking multiple advances at once — layering daily debits is the fastest route to a cash-flow spiral.
- You have time to wait and can qualify for a bank line or SBA product at meaningfully lower cost.
The underwriter's rule of thumb: match the term to the use. Short-term working capital for a fast-return, seasonal need is a good fit; long-lived equipment purchases usually are not.
Example funding scenarios for a charter sales company
The figures below are illustrative examples only, not quotes, and every file is priced on its own revenue and risk.
| Charter sales profile (for example) | Avg. monthly deposits | FICO | Example advance range | Typical structure |
|---|---|---|---|---|
| Seasonal yacht charter broker, coastal market | ~$40,000 | 560 | ~$25,000-$40,000 | Weekly remittance, term set to peak season |
| Bus/motorcoach group charter seller | ~$70,000 | 620 | ~$50,000-$80,000 | Daily remittance, cash-flow indexed |
| Fishing/excursion charter, high booking frequency | ~$18,000 | 510 | ~$10,000-$15,000 | Daily remittance, shorter term |
| Air charter broker, large tickets, slow collections | ~$120,000 | 640 | ~$90,000-$150,000 | Weekly remittance, longer term |
Cost on revenue-based financing is expressed as a factor on the advance and collected through the daily or weekly remittance rather than a monthly APR. The practical question is not the sticker cost in isolation but whether the capital clears more cash flow than the remittance pulls out over the season you deploy it.
How to apply and what happens next
The process for a charter sales company is deliberately fast:
- Apply once. Complete a short application and connect or upload your last 3-6 months of business bank statements.
- Marketplace review. Multiple funders read the same revenue picture and return offers, typically within hours.
- Compare offers. Look at the advance amount, remittance frequency, term, and the total cost of capital against your booking calendar — not just the headline number.
- Fund. Once you accept and clear a quick verification, funds commonly land in 24 to 48 hours.
Before you sign, confirm the remittance frequency matches your deposit rhythm, ask whether there is an early-payoff benefit, and make sure you are not unintentionally stacking on top of an existing advance.
Alternatives worth weighing first
Revenue-based financing is not the only path, and a disciplined operator checks the cheaper options first:
- Business line of credit — revolving, draw-as-needed capital that suits a business with steadier revenue and better credit; lower cost, slower to secure.
- Equipment financing — the right tool if the charter sales company is actually buying a vessel, coach, or hard asset, since the equipment secures the loan.
- SBA loans — the lowest cost for those who qualify, but with paperwork and timelines measured in weeks to months, not days.
- Invoice or contract financing — useful for charter brokers with large, slow-paying corporate or group contracts.
The reason revenue-based financing wins so often for charter sales companies is speed and accessibility: when a booking window is closing or a slow season needs bridging, a 24-48 hour approval on your deposits beats a bank decision that arrives after the opportunity has passed.
Frequently asked questions
Is Charter Sales Company Inc a specific lender or funder?
No. "Charter Sales Company Inc" is a common style of business name used across charter-related industries — yacht, aircraft, bus, and excursion charter sales. This guide covers how a charter sales business of that type gets funded, not a single named lender.
Can a charter sales company get funded with bad credit?
Often yes. Revenue-based financing approves on bank deposits and booking revenue rather than credit, so a FICO of 500+ is typically workable. Stronger credit widens your options and improves pricing, but it is not the gate.
How fast can a charter sales business get funded?
With a marketplace of revenue-based funders, decisions frequently come back within hours and funds commonly land in about 24 to 48 hours after you accept an offer and clear a quick verification.
How much can a charter sales company borrow?
Funding usually starts around $10,000 and scales with your monthly deposit volume. A business depositing $70,000 a month, for example, will see much larger offers than one depositing $18,000. Amounts are always tied to your revenue picture.
How does repayment work on a seasonal charter business?
Repayment is a fixed daily or weekly remittance that moves with your cash flow. A funder can set the term and frequency around your peak booking season so the remittance is easier to absorb than a rigid monthly note.
What documents do I need to apply?
Generally a short application, the last 3-6 months of business bank statements, a voided check, and proof of ownership and ID. That light file is why decisions come back so quickly compared with a bank.
When should a charter sales company avoid this type of financing?
Avoid it when you would use it to cover a chronic shortfall or an unprofitable book, when revenue is too thin to service a remittance through the off-season, when you are already stacking advances, or when you have time to qualify for a lower-cost bank line or SBA loan.
Is approval ever guaranteed?
No. No legitimate funder can promise approval before reviewing your file. Any offer described as "guaranteed" should be treated as a red flag, not a benefit.
