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.

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B2B trade financing & credit terms

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