About four of our clients pay on net 60 even though our terms our net 30. They are agency clients and that’s how it works. On some larger productions we get a set amount up front, usually enough to cover our outside costs for the shoot. But it is common for an agency to tell us that their terms are paying on net 60 and you either comply or walk from the job. Since we are not fools, and since we know they pay, albeit on their terms, we play along.
It’s not like we only have one job in the cue at a time so most of the time it does not affect cash flow.
Don’t know about the company you are asking about but I’m saying that net 60 is not unusual…for a first time client I might ask for something up front to cover some of your time and cost.
Rich Rubasch
Tilt Media Inc.
Video Production and Post
Owner/President/Editor/Designer/Animator
https://www.tiltmedia.com