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.
Adjusted Net Worth
Post disaster fair market value of tangible...
Duplicated Interest
The amount of interest exp...
Credit Score Test
Part of the home loan CET show a...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Collateral
Assets pledged by a borrower to secure a loan...
Fair and Reasonable Price
A price that is fair to both parties...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
NAICS
NAICS codes are common...
Substantial Damage
This means uninsured or otherwise uncompensated...
Credit Elsewhere Test (CET)
The test to determine the...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.