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.
S-Corporation
A form of corporation, allowed by...
Guarantor
The legal entity and...
Contractor Team Arrangement
An arrangement in which...
Break-even Analysis
A calculation of the approximate sales...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Phase 2
Process to be used to determine economic injury for...
Protégé
A firm in a developmental stage that...
Cash Flow Test
Part of the CET that determines if...
Negotiation
Contracting through the use of...
Days Receivable
A measure of the average time a...
Income Statement
Shows the entity’s income and...
Liabilities
A financial obligation...
Best and Final Offer
For negotiated procurements...
Affiliated Group
When two or more...

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