What Is Net 15? Payment Terms Explained
Plain-English explanation of Net 15 payment terms and how to calculate the due date from any invoice date.
Net 15 means the full invoice amount is due 15 calendar days after the invoice date. It is shorter than Net 30 and popular with freelancers and small vendors who need predictable cash flow. Use the calculator below to turn 'what is Net 15' into an exact due date.
Market reference
| Metric | Range | Note |
|---|---|---|
| Net 15 | 15 calendar days | from invoice date |
| vs Net 30 | half the wait | faster cash |
| vs Due on receipt | 15 days later | not same-day |
| US freelancers | common default | under $10k projects |
Interactive example — what is net 15
- Due date
- Sun, Aug 2, 2026
- Days from invoice
- 15 days
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Frequently asked questions
What does Net 15 mean?
Payment is due in full within 15 days of the invoice date.
Is Net 15 business or calendar days?
Calendar days unless your contract says business days.
Is Net 15 better than Net 30?
For sellers, yes — you get paid faster. Buyers may prefer Net 30.