Days Receivable

A measure of the average time a company's customers take to pay for purchases, equal to accounts receivable divided by annual sales on credit times 365.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Contracting
Purchasing, renting, leasing, or...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Income Statement
Shows the entity’s income and...
Partnering
A mutually beneficial business-to-bus...
Cash Flow Test
Part of the CET that determines if...
Mentor
A business, usually large, or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Collateral
Assets pledged by a borrower to secure a loan...
Subsidiary
A company for which a majority of the...
B/E (Business EIDL) Loan
A business loan that...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
S-Corporation
A form of corporation, allowed by...
Capital Leases
are for the purchase of fixed assets such as...

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