Net terms for fashion labels
Seasonal pre-orders are big, and boutiques expect longer terms. Terms Due keeps an eye on every account so one late payer does not sink your season.
Bigger orders, bigger risk
A single boutique season order can be worth thousands. On Net 60, that is two months of your cash sitting in someone else's shop. Credit limits and a clear hold rule mean you know exactly how much each account can owe before the next drop ships.
The aging report shows which boutiques are paying late across seasons, so you can adjust terms before the next round of orders.
Related
Reading an aging report
What an accounts receivable aging report is, how the aging buckets work, how to read it and what to do about each bucket, with a worked example.
Read moreSetting credit limits
How to decide credit limits and payment terms for wholesale buyers: order value, trade references, credit checks, starting limits and when to review.
Read morePricing
Terms Due pricing: Starter $29, Growth $79 and Pro $149 a month, each with a 14-day free trial, billed through Shopify.
Read moreStop chasing wholesale invoices by hand
Install Terms Due, set a credit limit for each buyer and let the app hold, remind and collect.
Install on Shopify