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.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Prime Contract
A contract awarded directly...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Best and Final Offer
For negotiated procurements...
Applicant/Co-Applicant
Business entity and person requesting...
Contract
A mutually binding legal rel..
Electronic Data Interchange
Transmission of information bet...
Current Assets
A balance sheet item which equals...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
NAICS
NAICS codes are common...
Cash-basis Accounting
records revenue when cash is...
Guarantor
The legal entity and...
Limited Partnership
A business organization with one or...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Normal Gross Margin
The margin that would have been...

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