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.
Assets
The amount of current assets that is left...
SCORE
Counselors to America's Small Bus...
Full and Open Competition
With respect to a contract action...
Emerging Small Business
A small business concern whose...
Applicant Entity
The business entity requesting...
Subcontract
A contract between a prime cont...
Comparative Analysis
Is designed to point out significant trends that...
Guarantor
The legal entity and...
Amortization
A non-cash operating expense that...
Adjusted Net Worth
Post disaster fair market value of tangible...
Capital Leases
are for the purchase of fixed assets such as...
Trend Analysis
A comparative analysis of...
Projection
An estimate of future economic or...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Equity
An accounting term used to...

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