0

Business Finance

Don’t just take our word for it, have a read why we’re our customers’ preferred invoice finance provider and why they choose to keep coming back for our simple solution for their cash flow needs.

Testimonials

"Since choosing to work with FundTap, we've been able to grow a lot faster and it has been a pleasure to work with the team."
FundTap makes things so easy and their system is brilliant; it’s simple to use, there’s no hidden costs. Access to this funding has opened up a whole range of new opportunities for our business.”
“FundTap has literally removed the stress and sleepless nights from running a trades business. Instant access to money when we need it has repaired our cash flow and ensures our supplier bills are paid on time every time. Our favourite feature is that our clients still pay into our bank account, there's no added hassle to our clients having to pay into a factoring companies bank account. All synced up to Xero makes it so easy, just a couple of clicks to access as much or as little of our money as we need. Funds are usually in our account within a couple of hours. The communication from the team is awesome. We couldn't be happier with the service from FundTap.”
“As a small business, late payments from clients can have a major influence on cash flow. FundTap gives me control over this and is incredibly efficient and easy to use. Highly recommended.”
“I have used the services of FundTap regularly and I am absolutely delighted with the way it is working for me. I have found that as an owner of a small business the banks tend to need me to prove that I don’t actually need the money that I have applied for in the past. FundTap lend against my invoices in turn allowing for my contractors to be paid before I receive my payments. It has helped me to grow and to be able to tackle work that I would have struggled to find capital for. Then once I’m paid, they debit my account. The fees are very reasonable. Thank you to the FundTap team you are a godsend.”
Aaron Orchard
Phoenix Kitchens

Customer success stories

How YUM diversified their product range and achieved cost savings with FundTap

sarah

“We love the convenience and accessibility of FundTap. It’s simple which is really nice and has enabled us to do things we wouldn’t otherwise have been able to do.”

- Sarah, Co-Founder

Phoenix Kitchen Transformations have grown exponentially with support from FundTap

phoenix kitchen

“It’s made finances a lot easier, I can buy materials in bulk rather than as I go, which saves me money and valuable time.”

- Aaron, Owner

How YUM diversified their product range and achieved cost savings with FundTap

sarah

“We love the convenience and accessibility of FundTap. It’s simple which is really nice and has enabled us to do things we wouldn’t otherwise have been able to do.”

- Sarah, Co-Founder

YUM are the pioneers of delectable, handmade NZ granola and breakfasts available across the country, to households as well as cafes, hotels and supermarkets.

After experiencing high demand and growth, they began observing a pattern in their cashflow and finding themselves in a pinch for a couple of weeks in each month, between receivables and payables, seeking out a solution to help smooth that gap. After speaking to their bank, their bank referred them to  FundTap, a highly regarded local invoice financing service.

They were looking for unsecured financing to help with the cyclical pinch they were experiencing. FundTap stood out being a local provider, with a more personal approach to working together, where there was always a person to answer questions and assist.

YUM know the growth level they can support with their own capital, and then they choose to work with FundTap when they fluctuate above this. They have been able to launch a new product flavour, No 8 – 100% NZ grown granola. It was a lockdown idea that they were able to push out to the market in 3 months receiving phenomenal sales and growth with support from FundTap.

“We are able to achieve scalability more easily with FundTap, making cost savings when ordering larger volumes of ingredients, and having capital available for huge packaging runs with long lead times.”

YUM value the speed in which FundTap operate, along with the human beings on the other side of the phone to strategise with and come up with solutions. YUM are looking to switch their packaging to compostable materials involving a large level of capital. They have found that start ups don’t look favourable to a bank on a piece of paper, so considering the progress they have made while using FundTap, they will continue working together to achieve success in this key next step of their growth plan.

 

Phoenix Kitchen Transformations have grown exponentially with support from FundTap

Phoenix Kitchen Transformations have grown exponentially with support from FundTap.

Phoenix Kitchen Transformations (PKT) are leading kitchen design experts in New Zealand, renovating and redesigning timeless kitchen spaces for any taste and style. After social media marketing in the industry led to rapid growth and increased demand for retail kitchen spaces, PKT reached out to FundTap to secure capital to continue to grow with market demands.

 

Driven by the need to buy materials in advance, pay contractors during a renovation, and with many designs at different stages all at once, PKT knew invoice financing was a fast, trustworthy alterative to traditional bank lending, and looked to FundTap due to their simple processes, and compatibility with Xero, as a solution for cashflow.

For PKT, they found that banks would’ve required they prove they didn’t need financing, in order to be able to smoothly obtain bank financing.

With prior knowledge of the invoice financing industry, PKT phoned and instantly had confidence in the team and FundTap service, noting the fees are very reasonable and the speed in which funding was advanced.

“It’s made finances a lot easier, I can buy materials in bulk rather than as I go, which saves me money and valuable time. FundTap allows the leeway for strategising financially to remain competitive and maintain momentum for continued growth.”

Once funding was advanced, PKT particularly rated the simplicity of the process, being able to connect FundTap to his accounting software meant a seamless process, and the FundTap team would take over monitoring through Xero.

PKT rated the contactability of the team at FundTap, the speed at which things can be sorted, particularly in times where it’s more urgent, they appreciate that they are assessed on a case-by-case basis.