Terms and Discounts

Chesapeake’s standard payment terms are net 60 days. We will be glad to expedite payment for suppliers who apply the following discounts:

  • 1% discount for 45-day payments
  • 2% discount for 30-day payments

Chesapeake is also offering a flex payment discount option for invoices that are approved in our system and waiting for a due date before the check is cut. To establish these terms or for more information please email Supplier Relations or call 877-245-1427.

Click the image below to see the full-scale map of our business units for contract purposes.