# United States small business payment times and late payment statistics Small businesses in the United States waited an average of 29.1 days to be paid in June 2026, and invoices were paid 8.3 days after their due date on average. Across the April to June 2026 quarter, the period Xero headlines in its own commentary, the average wait was 29.3 days, with invoices 8.5 days late. Source page: https://www.paidnice.com/accounts-receivable-statistics/united-states ## Headline numbers - Small businesses in the United States waited an average of 29.1 days to be paid in June 2026, against 27.5 days a year earlier. - Invoices in the United States were paid an average of 8.3 days after their due date in June 2026, against 8.4 days a year earlier. - Small business sales in the United States grew 4.8% year on year in June 2026. American small businesses are waiting longer to be paid than they were a year ago. The spread between states is wide: a business in New York waits 14.6 days longer than one in California to see the same invoice paid. ## Which US states wait longest to be paid? Small businesses in New York waited longest to be paid in June 2026, at 38.7 days on average, and those in California were paid fastest, at 24.1 days. - New York: small businesses in New York waited 38.7 days on average to be paid in June 2026 (+8.5 days on a year ago). - Texas: small businesses in Texas waited 36.6 days on average to be paid in June 2026 (+2.0 days on a year ago). - Illinois: small businesses in Illinois waited 33.9 days on average to be paid in June 2026 (-1.2 days on a year ago). - Georgia: small businesses in Georgia waited 33.0 days on average to be paid in June 2026 (+0.8 days on a year ago). - Colorado: small businesses in Colorado waited 31.6 days on average to be paid in June 2026 (+4.3 days on a year ago). - North Carolina: small businesses in North Carolina waited 31.4 days on average to be paid in June 2026 (-3.1 days on a year ago). - Arizona: small businesses in Arizona waited 30.2 days on average to be paid in June 2026 (-4.1 days on a year ago). - DC, Maryland & Virginia: small businesses in DC, Maryland & Virginia waited 30.2 days on average to be paid in June 2026 (-0.1 days on a year ago). - Washington: small businesses in Washington waited 29.5 days on average to be paid in June 2026 (+4.3 days on a year ago). - Massachusetts: small businesses in Massachusetts waited 29.3 days on average to be paid in June 2026 (-6.7 days on a year ago). - Michigan: small businesses in Michigan waited 29.3 days on average to be paid in June 2026 (-3.1 days on a year ago). - Pennsylvania: small businesses in Pennsylvania waited 28.7 days on average to be paid in June 2026 (+1.9 days on a year ago). - Ohio: small businesses in Ohio waited 27.7 days on average to be paid in June 2026 (+0.4 days on a year ago). - Tennessee: small businesses in Tennessee waited 27.7 days on average to be paid in June 2026 (-1.5 days on a year ago). - Delaware: small businesses in Delaware waited 27.6 days on average to be paid in June 2026 (+1.6 days on a year ago). - Utah: small businesses in Utah waited 27.4 days on average to be paid in June 2026 (-3.5 days on a year ago). - Florida: small businesses in Florida waited 25.8 days on average to be paid in June 2026 (+1.2 days on a year ago). - California: small businesses in California waited 24.1 days on average to be paid in June 2026 (+0.6 days on a year ago). ## Is late payment getting worse in the US? Payment times in the United States are getting slower. The average wait was 29.1 days in June 2026, against a five-year average of 28.9 days. The fastest month since January 2017 was July 2021 at 25.3 days, and the slowest was March 2024 at 34.7 days. Invoices were paid 8.3 days late, 0.1 days less than a year earlier. Days paid late have ranged from 5.8 to 15.3 days. The Federal funds rate (effective, monthly avg) stood at 3.63% in June 2026. ## Frequently asked questions ### How long do small businesses in the United States wait to be paid? As of June 2026, small businesses in the United States waited an average of 29.1 days from issuing an invoice to receiving full payment (+1.6 days vs a year ago). This is the actual observed payment time across anonymized Xero invoices, not the stated payment terms. ### How late are invoices paid in the United States? Invoices in the United States were paid an average of 8.3 days after their due date in June 2026 (-0.1 days vs a year ago). The historical range runs from 5.8 days (June 2021) to 15.3 days (March 2024). ### Which state has the slowest payment times in the United States? New York is currently the slowest, with businesses waiting 38.7 days on average to be paid. California is the fastest at 24.1 days, a gap of 14.6 days. ### Are payment times in the United States getting better or worse? Payment times are getting slower. The average wait of 29.1 days in June 2026 compares with 27.5 days a year earlier and a five-year average of 28.9 days. ### Where does this data come from? All figures come from Xero Small Business Insights (June 2026 release), which aggregates anonymized data from hundreds of thousands of small businesses using Xero. Payment metrics are calculated from invoices marked fully paid in the month, weighted by invoice value, and seasonally adjusted. Paidnice presents the data with independent analysis; the underlying dataset is published by Xero. ### Can I charge late fees on invoices in the US? There is no federal statutory late fee for business-to-business invoices. Late fees and interest are governed by your contract terms and, in some cases, state usury laws that cap interest rates. See our usury laws by state guide for the caps in each state. ### What are typical payment terms in the US? Net 30 remains the most common B2B payment term in the United States, with net 15 and due-on-receipt increasingly used by smaller service businesses. The 29.1-day average time to be paid puts a typical net 30 invoice close to its due date, and the 8.3-day average lateness shows many invoices still run well past it. ## Methodology - Time to be paid: average days from invoice issue to full payment, from invoices marked fully paid in the month, weighted by invoice value, and seasonally adjusted. Invoices without payment terms are excluded. - Late payments: average days an invoice is paid beyond its due date, seasonally adjusted. - Source: Xero Small Business Insights, June 2026 detailed results for United States (https://www.xero.com/resources/small-business-insights/latest-united-states/), monthly from January 2017. Paidnice's analysis is independent of Xero. This page reports how long small businesses wait to be paid, from Xero Small Business Insights. How long large companies take to pay their suppliers is a different measure from government payment filings, and it is on the payment times pages. ## Cite United States small business payment statistics, analyzed by Paidnice. https://www.paidnice.com/accounts-receivable-statistics/united-states ## Related - [Accounts receivable statistics for all countries](https://www.paidnice.com/accounts-receivable-statistics) - [DSO calculator](https://www.paidnice.com/calculators/days-sales-outstanding) - [Net 30 calculator](https://www.paidnice.com/calculators/net-30-calculator)