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.
Principal
the owner(s) of the Applicant Entity that...
Subsidiary
A company for which a majority of the...
Normal Annual Sales
Those sales that would have...
Injury Analysis
Measures the effects of...
Liabilities
A financial obligation...
Capital Leases
are for the purchase of fixed assets such as...
Applicant Entity
The business entity requesting...
Affiliates
Business concerns, organizations, or...
SCORE
Counselors to America's Small Bus...
Substantial Damage
This means uninsured or otherwise uncompensated...
Equity
An accounting term used to...
Full and Open Competition
With respect to a contract action...
Contracting Officer
A person with the authority to...
Affiliate
Business concerns are affiliates if one concern...
Joint Venture
In the SBA Mentor-Protégé Program...

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