What are payment terms?

Net payment term refers to the number of days from when goods are purchased to when full payment is due. When selecting Rumbleship's net terms as a payment option, buyers are selecting the day they will be debited for the goods they are purchasing. For example, if a buyer chooses Net 30, Rumbleship Financial gives that buyer 30 days from the time the order ships to the time Rumbleship debits the linked account for that buyer.

Noteworthy, the shipping time is included in the net terms so if something takes 3 days to ship, a buyer has 27 days left until they are debited.