Terms by Industry

Payment terms are the rules that govern how and when a buyer should pay a seller. They are foundational to a business’s cash flow strategy. For accounts receivable (AR), these terms define when your business expects to get paid. For accounts payable (AP), they determine when you’re expected to pay vendors.

Industry	Typical Terms
Agriculture	Immediate – 3 days
Construction	30 – 90 days
IT & Marketing	30 days
Medical Supplies	Immediate – 30 days
Retail	3 – 7 days
Professional Services	14 – 75 days