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.
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Limited Partnership
A business organization with one or...
Days Payable
A measure of the average time a...
Certificate of Competency
A certificate issued by the Small Bus...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Subcontract
A contract between a prime cont...
Principal
the owner(s) of the Applicant Entity that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Affiliated Group
When two or more...
Substantial Damage
This means uninsured or otherwise uncompensated...
Sole Proprietor
an individual who...
Assets
The amount of current assets that is left...
Acquisition
The acquiring of supplies or...
Negotiation
Contracting through the use of...
Request for Proposal (RFP)
A document outlining a...

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