2026 data

How long does it take to get paid?

Based on anonymized invoicing activity from small businesses on Novo, the median business gets paid in 8 days — but it varies a lot by industry.

8 days

Median time to get paid

24 days

75% of invoices paid within

30%

Paid within 2 days

Typically by card

66%

Paid after the stated due date

Invoices created January 2026 onward. “Paid late” reflects that many businesses set very short terms — even due on receipt.

Days to get paid, by industry

IndustryMedian days to get paid% paid after due date
Pest Control028%
HVAC & Plumbing168%
Appliance & Equipment Repair159%
Concrete, Masonry & Other Trades258%
Legal Services363%
Roofing, Siding & Exterior471%
Septic, Waste & Remediation555%
Landscaping & Lawn Care559%
Cleaning & Janitorial665%
General Construction & Remodeling677%
Accounting, Bookkeeping & Tax665%
Other Professional & Creative761%
Painting, Flooring & Finishing765%
Design & Creative865%
Consulting1069%
Advertising & Marketing1173%
Electrical1263%
Heavy & Civil Construction1466%
Architecture & Engineering1564%
IT & Software Services1564%
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Data source: anonymized, aggregated Novo invoicing activity (as of June 2026). Figures are medians and directional, not financial advice.

Across anonymized Novo invoicing data, the median small business gets paid in about 8 days, with three-quarters paid within 24 days. Speed varies by industry — home-service trades like HVAC and repair are often paid within a day or two, while professional services like IT, architecture and consulting typically take 10–15 days.

About 66% of invoices are paid after their stated due date — though many small businesses set very short terms (even due on receipt), so a payment a few days later still counts as late. Around 30% are paid within two days, typically by card.

Send the invoice immediately, accept card and ACH payments, request a deposit up front for larger jobs, and set clear short terms. Businesses that let customers pay online are paid materially faster than those waiting on checks. A Novo account lets you invoice and accept card/ACH so payments land directly in your checking.