Lapasar
Finance & Payments

Credit Terms

Also known as: Payment terms

Credit terms are the conditions under which a supplier allows a buyer to pay for goods after delivery, rather than upfront — for example, payment within 30 days.

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Credit terms specify how long a buyer has to pay after being invoiced (such as Net 30 or Net 60) and any conditions like early-payment discounts. They effectively provide short-term financing from the supplier, helping the buyer manage cash flow between paying suppliers and being paid by customers.

For buyers, generous credit terms free up working capital; for suppliers, they are a cost and a credit risk. On B2B marketplaces, approved businesses can often access trade credit centrally — Lapasar, for example, offers credit terms to approved businesses, typically 30-60 days subject to assessment.

Frequently asked questions

What are credit terms?
Credit terms are the conditions under which a supplier lets a buyer pay after delivery instead of upfront — such as payment within 30 days — effectively providing short-term financing.
What does Net 30 mean?
Net 30 means the full invoice amount is due within 30 days of the invoice date. Net 60 means within 60 days.

Go deeper

B2B trade financing & credit terms

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