What are Net 30 payment terms?

Net 30 refers to an invoice with 30 day payment terms. The 30 day period means the payment is due after goods or services are purchased, so this is essentially a form of trade credit.

Benefits of
Net 30 account

A company can establish a credit file by working with a Net 30 vendor that submits reports to a business credit bureaus.

Net 30 terms also enable your business to operate more freely knowing that you can make payments within 30 days of making a purchase without paying any interest or penalty. 

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