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.
Amortization
A non-cash operating expense that...
Affiliates
Business concerns, organizations, or...
Joint Venture
In the SBA Mentor-Protégé Program...
Electronic Data Interchange
Transmission of information bet...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Working Capital (WC)
The amount of current assets that...
Contractor Team Arrangement
An arrangement in which...
NAICS
NAICS codes are common...
Subsidiary
A company for which a majority of the...
Credit Score Test
Part of the home loan CET show a...
Cash Flow Test
Part of the CET that determines if...
Acquisition
The acquiring of supplies or...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Sole Proprietor
an individual who...
Comparative Analysis
Is designed to point out significant trends that...

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