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.
Injury Period
The time period during...
Physical Loans
Funds to repair/replace dis...
Depreciation
A non-cash operating expense that...
Subsidiary
A company for which a majority of the...
Small Business
A business smaller than...
S-Corporation
A form of corporation, allowed by...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Cash Flow Test
Part of the CET that determines if...
Liabilities
A financial obligation...
Protégé
A firm in a developmental stage that...
Working Capital (WC)
The amount of current assets that...
Days Receivable
A measure of the average time a...
Hardship Waiver
Method used to approve a...
Request for Proposal (RFP)
A document outlining a...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...

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