FACTOR KING® was established with a few simple goals in mind- combine "Old World Factoring" with "New Age Thinking". Our Mission to provide crucial funding to small and middle tier companies that may or may not have access to adequate bank financing is responsible for our success. Through our leverage of various technologies our systems and procedures provides fast and accurate factoring, simple order processing, and ease of use allowing our clients to focus on building their core business. Client growth is how we measure our own success. Become part of FACTOR KING® today!!
Glossary
Factoring Terms
FACTORING TERMS
There are currently 6 Factoring Terms in this directory beginning with the letter T.
T
Tail
The payment stream and/or balloon payment of an income stream subsequent to another party's right and interest in the income stream. Usually the back half of the payment stream when another party has purchased the front half.
Tangible Personal Property
Personal property other than real estate, such as cars, boats, or other assets.
Term
The period of duration of an invoice, acceptance, time draft, bill of exchange, or bond; synonymous with tenor and usance. The time allowed for payment of bills.
