Glossary
Net-30
Definition
Net-30 is a payment term meaning the invoice is due 30 days after it is issued, common in commercial and property-management work where customers will not pay on the spot.
Residential jobs usually collect on completion, but commercial accounts, HOAs, and property managers expect terms, and net-30 is the typical ask. The trade-off is steady, larger contracts in exchange for floating the cost of the work for a month.
Terms only work if your cash flow can carry them and you actually collect. Send clean invoices promptly, track aging, and decide in advance what you will offer, because a stack of unpaid net-30s can sink a profitable-looking commercial book.