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.
Operating Leases
are deducted on the company’s...
GPM%
The measure of every sales dollar left...
Business Activity
The business (or loss) activity of...
Equity
An accounting term used to...
Corporation (C-corp.)
The most common form of business org...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Negotiation
Contracting through the use of...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
B/E (Business EIDL) Loan
A business loan that...
Credit Score Test
Part of the home loan CET show a...
Affiliated Group
When two or more...
Cash Flow Test
Part of the CET that determines if...
Request for Proposal (RFP)
A document outlining a...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Certificate of Competency
A certificate issued by the Small Bus...

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