Monthly invoice billing is a payment option where Microsoft Advertising extends you a credit line to accrue advertising charges. You then receive a monthly invoice and pay based on the terms and conditions of your contract. Your business must meet certain requirements to qualify for monthly invoicing.
Since monthly invoicing is tied to a credit line that allows your business to accrue charges, you'll need to undergo a credit check. In addition, Microsoft Advertising will assess whether your business meets these minimum requirements:
The financial standing of businesses are thoroughly reviewed, and applicants may be asked for more information on a case-by-case basis. If you meet the minimum requirements and you are a Super Admin user, you can apply for monthly invoicing through Microsoft Advertising.
If your business is approved, Microsoft Advertising will notify you and your account will be switched to monthly invoice billing. You'll also have to comply with the payment terms. The payment terms dictate how much time you have to pay after you've received an invoice (usually 30 days).