As a Business Plus client, you can apply for monthly invoicing with 30-day payment terms, also called Net-30, to meet your business needs.
Net-30 payment terms allow your company to be invoiced monthly instead of being charged as work is completed. This application-based option refers to a billing period, meaning you can accumulate charges throughout the month. You will receive your invoice at the end of the month, and your billing method will be charged automatically 30-days from the invoice date.
Requirements to apply for Net-30 payment terms
This is an exclusive option for established companies with a U.S. billing address.
To apply for monthly invoicing with 30-day payment terms in Business Plus, you need to:
- Be a Business Plus member with full admin or finance admin permissions for your company
- Have a valid U.S. billing address within your settings
- This address cannot be a UPS, Wework, or other virtual/temporary address site
- Your company must retain two or more employees. This option is not available for single-person LLCs (or solopreneurs)
- Because this is a new feature, companies who have had an Any Hire contract within the past 12 months will not be eligible to apply
To apply for Net-30 payment terms
To apply for monthly invoicing with 30-day payment terms, you need to have a Business Plus membership. Only “full admin” or “finance admin” roles can apply on behalf of your company.
- Go to Settings > Billing and Payments and find your company billing cycle section
- If your company is eligible, choose Apply under the Net-30 option. This button will be disabled if you’re not eligible to apply
- Fill out the form, and be sure to add as much detail as possible
If we need more information to process your application, an Upwork team member will reach out.
You can expect to be notified of approval within five business days through email.
If you are not accepted, you can apply again after six months.
View your monthly invoices
After you’re accepted to use monthly invoicing with 30-day payment terms, it will be important to monitor your company’s spend. You can view your spend in Reports > Net-30 invoices. All charges accrued during the month, including freelancer payments fees, taxes, and adjustments will be billed at the end of each calendar month. Your primary billing method is charged automatically 30 days from the invoice date.
Frequently Asked Questions
No, this is an exclusive, application-based feature for Business Plus clients with a U.S. billing address.
To apply for Net-30 payment options in Business Plus, you need to meet these criteria:
- Be a Business Plus member with full admin or finance admin permissions
- Have a valid U.S. billing address within your settings
- This address cannot be a UPS, Wework, or other virtual/temporary address sites
- Your company must keep two or more employees. This option is not available for single-person LLCs (or solopreneurs)
- Because this is a new feature, companies who have had an Any Hire contract within the past 12 months will not be eligible to apply.
You will be invoiced throughout the month and charged automatically at the end of the next month. Your primary billing method on file will be charged automatically the invoice balance amount 30 days from the invoice date.
You will be charged 30 days from your invoice date automatically. For example, for billing in April, your invoice is generated on May 1. You will be charged on May 30.
No, you will be invoiced throughout the month and your payment method will be automatically charged at the end of the month.
No, your freelancer is paid according to our standard billing cycle, when the work is completed and approved by you. We cover all the expenses incurred during the month, including freelancer payments.
You can apply again six months after the first application.
Once your company has been approved for monthly invoicing with 30-day payment terms, you can view the current month’s spend by going to Reports > Net-30 invoices to see the accrued balance, as well as any past invoices. The balance will update as transactions are created, so you can see your spend in real time.
Yes, as a client you are still eligible for Upwork Payment Protection when you use Net-30. Learn more about how Upwork protects your payments.
You’re welcome to opt out of Net-30, but you can’t rejoin monthly payment terms without submitting another application. If you’d like to revert back to Upwork’s standard billing cycle and standard payment terms:
- Go to Settings > Billing and payments
- Scroll to Company billing cycle and choose Manage billing cycle
- Choose Standard billing cycle, accept the terms, and choose Update billing cycle
After updating, you will be charged according to the standard billing cycle. You will receive a final monthly invoice for all accrued charges.
