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.
Extraordinary Items
Additional expenses that are...
Affiliated Group
When two or more...
Partnering
A mutually beneficial business-to-bus...
Contracting
Purchasing, renting, leasing, or...
Contracting Officer
A person with the authority to...
Credit Score Test
Part of the home loan CET show a...
Applicant Entity
The business entity requesting...
Trend Analysis
A comparative analysis of...
Request for Proposal (RFP)
A document outlining a...
Phase 1
Process used to determine the...
Defense Contractor
Any person who enters into...
Sole Proprietor
an individual who...
Injury Analysis
Measures the effects of...
Working Capital (WC)
The amount of current assets that...
Credit Elsewhere Test (CET)
The test to determine the...

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