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.
Full and Open Competition
With respect to a contract action...
Guarantor
The legal entity and...
GPM%
The measure of every sales dollar left...
Joint Venture
In the SBA Mentor-Protégé Program...
Liabilities
A financial obligation...
Working Capital (WC)
The amount of current assets that...
Affiliated Group
When two or more...
Sole Proprietor
an individual who...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Comparative Analysis
Is designed to point out significant trends that...
Applicant/Co-Applicant
Business entity and person requesting...
Applicant Entity
The business entity requesting...
Protégé
A firm in a developmental stage that...
Small Business
A business smaller than...
Fair and Reasonable Price
A price that is fair to both parties...

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