Compare your finance options

Not all small business finance works the same way. Before committing to anything, it's worth understanding what each option actually involves. These guides lay it out clearly.

Questions

Questions people ask before comparing

What is the difference between invoice finance and invoice factoring?

Invoice finance (like FundTap) advances money against your invoices confidentially. Invoice factoring involves selling your invoices to a third party who then collects payment from your customers directly, so your customers know.

How does invoice finance compare to a business loan?

A business loan gives you a lump sum you repay in fixed instalments regardless of your revenue. Invoice finance advances money from invoices you have already raised, so there is no fixed repayment schedule and no interest rate.

Is FundTap cheaper than a business overdraft?

It depends on usage. An overdraft charges interest daily on the balance used. FundTap charges one flat fee per invoice funded. For businesses that use funding occasionally, FundTap is often more cost-effective.

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FundTap provides invoice finance for small businesses in Australia and New Zealand. Australia: +61 1800 595 505 New Zealand: +64 800 88 33 55 Email: info@fundtap.co Address: 255 Hardy Street, Nelson 7010, New Zealand ABN: 47914654579 NZBN: 9429031726887