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.
Injury Analysis
Measures the effects of...
Physical Loans
Funds to repair/replace dis...
Working Capital (WC)
The amount of current assets that...
Business Activity
The business (or loss) activity of...
Normal Annual Sales
Those sales that would have...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
SCORE
Counselors to America's Small Bus...
S-Corporation
A form of corporation, allowed by...
Phase 1
Process used to determine the...
Current Assets
A balance sheet item which equals...
Contractor Team Arrangement
An arrangement in which...
Fair and Reasonable Price
A price that is fair to both parties...
Prime Contract
A contract awarded directly...

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