Payment Terms with Suppliers – Negotiate Better

Payment terms with suppliers affect your cash flow and cost.

Common Terms

• Immediate – Pay on delivery
• 7–15 days – Pay within a week or two
• 30 days – Monthly credit
• 2/10 net 30 – 2% discount if paid in 10 days, else full in 30

Negotiate

• Volume – Large orders may get better terms
• Relationship – Loyal customers get more leeway
• Early payment – Ask for discount for paying early
• Consistency – Pay on time to build trust

Match With Your Sales

If you give customers 15 days credit, try to get at least 15 days from suppliers. Otherwise you fund the gap.

Track Due Dates

Know when each supplier payment is due. Don’t miss dates—late payment can affect future terms.

Stockkeeper helps track purchase orders and payment due dates. Join the waitlist.