Days Payable

A measure of the average time a company takes to pay vendors, equal to accounts payable divided by annual credit purchases 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.
Negotiation
Contracting through the use of...
Current Liabilities
A balance sheet item, which...
Applicant/Co-Applicant
Business entity and person requesting...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Injury Analysis
Measures the effects of...
Prime Contract
A contract awarded directly...
Acquisition
The acquiring of supplies or...
Mentor
A business, usually large, or...
Best and Final Offer
For negotiated procurements...
B/E (Business EIDL) Loan
A business loan that...
Subsidiary
A company for which a majority of the...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Capital Leases
are for the purchase of fixed assets such as...

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