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.
Capital Leases
are for the purchase of fixed assets such as...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Mentor
A business, usually large, or...
Applicant Individual
aka who is requesting an SBA loan...
Applicant/Co-Applicant
Business entity and person requesting...
Trend Analysis
A comparative analysis of...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
S-Corporation
A form of corporation, allowed by...
Emerging Small Business
A small business concern whose...
NAICS
NAICS codes are common...
Injury Period
The time period during...
Contracting Officer
A person with the authority to...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Days Receivable
A measure of the average time a...
Sole Proprietor
an individual who...

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