A payment term meaning an invoice is due in full 15 days after the invoice date — faster than net-30, and common for smaller projects.
Net-15 means an invoice is due in full 15 days after its date. It’s the middle ground between due on receipt and net-30 — long enough for a client to run a payment cycle, short enough that you’re not floating a month of their cash.
For sellers, net-15 is a sensible default for project work. It gives professional clients a reasonable window while keeping your cash flow tight. Many freelancers use net-15 for balances and due-on-receipt for deposits. For buyers, net-15 is easy to honor with basic bookkeeping; set a reminder for day 10 and you’ll never be late.
The number is only as good as your enforcement. Whatever window you pick, state it plainly on the invoice, add a late-fee line, and follow up the day it lapses. A term nobody checks is just a suggestion.