How to Write Clear Payment Terms That Get You Paid Faster

Payment terms are the bit people skip, then wonder why nobody paid on time. A single line with a due date fixes most of that.

Why Payment Terms Matter

They answer “when” and “how” without a phone call. If someone is late, you can point at what they already agreed to by receiving the invoice.

What to Include

• Exact due date (e.g., "Due within 14 days of invoice date")
• Accepted payment methods (bank transfer, credit card, etc.)
• Late fee policy, if any (e.g., "Late payments may incur a 5% fee")
• Discounts for early payments (optional)

Make It Clear with BillBench^™

Set your default terms once in BillBench^™ and they show up on every new invoice. Change them for a one-off job when you need to.

Start Getting Paid Faster

Less “what was the due date again?” Try BillBench^™.