Glossary
Money owed to a business for goods or services already delivered.
✓ Checking what you qualify for does not affect your credit score.
Money owed to a business for goods or services already delivered.
They appear on the balance sheet until paid. Invoices outstanding for long periods tie up cash.
Their timing sets the cash cycle.
$120,000 of invoices at 45 days average means about $120,000 is tied up at any time.
Receivables are the basis of factoring and a driver of working-capital needs.
Receivables appear indirectly in a deposit-based review: as a delay between work done and money in. A funder asks how old they are and whether one customer dominates, since the quality of receivables explains the shape of the deposits.
An invoice sent is not cash. Counting receivables as liquidity overstates what you can spend this week.
A simple ageing table splits invoices into current, 30 days, 60 days and over 90. If more than a fifth of the balance sits in the oldest bucket, a reviewer will read the book as slow, and it is worth chasing those before applying.
Revenue is recognized when earned. Receivables are what remains unpaid.
See the related guides and the comparison pages, or apply and ask.
No. It is educational information, and agreements vary.
Educational information only. It is not legal, tax or accounting advice.
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