How to Write Clear Payment Terms That Get You Paid Faster
One of the most overlooked parts of an invoice is the payment terms. Vague or missing terms can lead to confusion, disputes, and delayed payments. Clear terms help set expectations from the start and strengthen your professional image.
Why Payment Terms Matter
Well-defined payment terms outline when and how you expect to be paid. They also help protect your business if a client pays late or disputes 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
BillBench makes it easy to set and customize payment terms on every invoice. You can clearly display due dates and conditions so your clients know exactly what to expect.
Start Getting Paid Faster
Set clear expectations and reduce awkward follow-ups. Try BillBench now.