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Payment Terms

Understanding Net 30 and Quick Pay

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Written by Steven Arevalo-Armendariz
Updated over 10 months ago

Next Day Pay (Quick Pay) and Net 30 terms

Please note you have two different options to choose between for payment terms.

NET 30; After a load is processed through the billing cycle, the payment will age for 30 calendar days before payment is initiated into the account.

NEXT DAY PAY; After a load is processed through 5F’s billing cycle, this option will ensure payment is deposited next business day into the account listed in your packet.

EITHER OPTION DOES NOT INCREASE THE SPEED OF THE BILLING CYCLE.

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