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.
Hardship Waiver
Method used to approve a...
Business Activity
The business (or loss) activity of...
Principal
the owner(s) of the Applicant Entity that...
Corporation (C-corp.)
The most common form of business org...
Sole Proprietor
an individual who...
Applicant Entity
The business entity requesting...
Projection
An estimate of future economic or...
GPM%
The measure of every sales dollar left...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Days Payable
A measure of the average time a...
Operating Leases
are deducted on the company’s...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Certified 8(a) Firm
A firm owned and operated by socially and...
B/E (Business EIDL) Loan
A business loan that...
Limited Partnership
A business organization with one or...

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