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.
B/E (Business EIDL) Loan
A business loan that...
Subsidiary
A company for which a majority of the...
Limited Partnership
A business organization with one or...
NAICS
NAICS codes are common...
Electronic Data Interchange
Transmission of information bet...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Intermediary Organization
Organizations that play a funda...
Joint Venture
In the SBA Mentor-Protégé Program...
Fair and Reasonable Price
A price that is fair to both parties...
Guarantor
The legal entity and...
Extraordinary Items
Additional expenses that are...
Comparative Analysis
Is designed to point out significant trends that...
Collateral
Assets pledged by a borrower to secure a loan...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Defense Contractor
Any person who enters into...

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