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.
Capital Leases
are for the purchase of fixed assets such as...
Affiliate
Business concerns are affiliates if one concern...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Small Disadvantaged Business Concern
A small business concern that...
Primary Activity
The major business activity of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Collateral
Assets pledged by a borrower to secure a loan...
GPM%
The measure of every sales dollar left...
Substantial Damage
This means uninsured or otherwise uncompensated...
Best and Final Offer
For negotiated procurements...
Contract
A mutually binding legal rel..
Request for Proposal (RFP)
A document outlining a...
Negotiation
Contracting through the use of...
Full and Open Competition
With respect to a contract action...
Cash-basis Accounting
records revenue when cash is...

Get the quick rundown on SBA Loans

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