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.
Certificate of Competency
A certificate issued by the Small Bus...
Phase 1
Process used to determine the...
Projection
An estimate of future economic or...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
SCORE
Counselors to America's Small Bus...
Standard Industrial Classification (SIC) Code
A code representing a category within...
B/E (Business EIDL) Loan
A business loan that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Guarantor
The legal entity and...
Operating Leases
are deducted on the company’s...
Companion File
When an applicant has another application filed...
Sole Proprietor
an individual who...
Principal
the owner(s) of the Applicant Entity that...
Working Capital (WC)
The amount of current assets that...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers

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