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.
Equity
An accounting term used to...
Contracting
Purchasing, renting, leasing, or...
Primary Activity
The major business activity of...
Normal Gross Margin
The margin that would have been...
Depreciation
A non-cash operating expense that...
Companion File
When an applicant has another application filed...
Extraordinary Items
Additional expenses that are...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Assets
The amount of current assets that is left...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Applicant/Co-Applicant
Business entity and person requesting...
Joint Venture
In the SBA Mentor-Protégé Program...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...

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