Licensing and Oversight

Charter Asset Management (CAM) is a provider of funding to U.S. charter schools. We also work with CMOs and EMOs. As a financial institution, we have licensing and oversight in place as part of the national regulatory oversight process that help establish our credibility to prospective clients.

FINRA Regulation

CAM is a member in good standing with the FINRA.

Financial Industry Regulatory Authority, Inc. (FINRA) is a private corporation that operates as a self-regulatory control agency. In tandem with the Securities and Exchange Corporation (SEC), FINRA regulates the securities industry — specifically, member brokerage firms and exchange markets — providing fair enforcement that increases investor confidence.

FINRA provides the highest standard of regulation for organizations in our industry. The Office of the Chief Economist (OCE) works to ensure that FINRA regulations mitigate unneeded regulatory burdens.

California Finance Lender License

CAM is a factoring company, not a lender. However, CAM maintains a California Finance Lender License. License number is: #6054799

Legal Disclaimer:

CAM is not a lender and does not make loans. CAM is a factoring company. The availability of funding for each draw request is subject to and conditioned upon CAM’s prior approval, satisfactory completion of due diligence, and the parties agreeing upon and reducing to writing all terms and conditions necessary and incidental to the validity of a separate purchase contract.

CAM has no obligation to provide funding until the parties have executed a formal written Factoring Agreement covering each specific draw request. Either party may, at any time prior to the execution of a definitive purchase agreement, unilaterally terminate all negotiations pursuant to this letter, for any reason or for no reason, without any liability whatsoever to the other party.

Thank you for reading our Licensing and Oversight page.