What are Sipro’s standard payment terms?
“Sipro’s standard payment terms are;
30% deposit with order
60% on successful FAT and before despatch
10% on completion of IAT and successful system hand over
However, generally payment terms vary depending on customer and project size. Sipro will negotiate with each customer to obtain a best fit for all parties. We generally like to base payment schedules on measurable milestones, which provides a transparent approach for both Sipro and its customers.”