Payment Terms

Net 15

Payment terms requiring the full invoice amount to be paid within 15 days of the invoice date.

What does Net 15 mean?

Net 15 is a payment term that requires your client to pay the full invoice amount within 15 days of receiving it. It's a middle ground between immediate payment and longer terms like Net 30, giving clients a short window while keeping your cash flow moving.

When to use Net 15

Net 15 works well in several situations:

Smaller projects — When the job is quick and you don't want to wait a month for payment
New clients — Before you've established trust, shorter terms reduce your risk
Repeat work — For ongoing services where you're invoicing regularly
Cash flow priority — When you need money coming in faster to cover expenses

Net 15 vs. Net 30

The main difference is timing and who it benefits. Net 15 favors you as the service provider—you get paid faster and reduce the risk of chasing payments. Net 30 favors the client by giving them more time to process payment, which is why larger companies often expect it.

If you're a contractor or small business, Net 15 is often the better default. You can always extend to Net 30 for established clients or bigger commercial jobs.

Getting clients to pay on time

Shorter terms only help if clients actually pay within them. Be clear about your payment terms upfront, include the due date prominently on your invoice, and send reminders a few days before and after the due date. Some businesses offer a small discount for early payment to encourage promptness.

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Set Net 15, Net 30, or custom terms on every invoice—and automate payment reminders.

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