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Once established, these accounts (often called net-30, net-60, or net-90 accounts) allow you to pay for goods or services within an agreed-upon time period after delivery—typically 30, 60, or 90 ...
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Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.
Ramp explains simple and effective ways to build business credit quickly, no matter what stage your company is at.
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