FundTap vs Bizcap: when each is the better fit
TL;DR: Bizcap is an Australian unsecured business loan provider known for fast approval and flexible criteria. FundTap is invoice finance, not a loan: no fixed term, no fixed repayments, no new debt on your balance sheet. Bizcap suits emergency cash needs and businesses without strong receivables. FundTap suits businesses with unpaid invoices that want to unlock the cash already owed to them.
Bizcap provides fast unsecured business loans for AU and NZ SMEs that need a lump sum of capital quickly. FundTap is on-demand invoice finance for Australian and New Zealand small businesses. Here is a straightforward comparison so you can decide what suits your situation.
5.0★ on Google (117 reviews) and 4.9★ on Xero App Marketplace (107 reviews) · FundTap customers grew revenue by 27% during FY2026
At a glance
| Feature | FundTap | Bizcap |
|---|---|---|
| What it is | On-demand invoice finance | Unsecured business loan |
| Cost | 4–6% per invoice (no setup fees, no monthly subscription fees, no early-repayment fees) | Factor rate (total cost varies by term and risk) |
| Repayment | Automatic when your customer pays the original invoice | Fixed daily or weekly repayments over the loan term |
| Entry criteria | Connect Xero, MYOB, QuickBooks or Reckon and pick a single eligible invoice , no fixed trading-history or revenue threshold for new accounts (subject to standard credit assessment of you and the debtor) | Typically several months trading, regular bank deposits, credit assessment |
| Effect on balance sheet | No new debt added to the balance sheet , you are accessing money you have already earned | Adds loan liability to the balance sheet |
| Speed | Typically funded same business day, once your accounting software is connected | Funds within hours of approval |
| Markets | Australia and New Zealand | Australia and New Zealand |
| Ongoing commitment | No monthly subscription fees, no minimum draw volume | Loan interest applies for the full term whether or not you draw on it again |
When FundTap is likely the better fit
- You have outstanding invoices from businesses, government or council clients and want to access that money sooner without taking on new debt.
- Your cashflow needs are short-term or sporadic, and you only want to pay when you actually use funding.
- You want repayment to happen automatically when your customer pays, not on a fixed daily or weekly schedule.
- You want the exact fee for each invoice shown before you commit.
When Bizcap is likely the better fit
- You need a lump sum of capital not tied to specific invoices.
- Your business does not invoice other organisations (e.g. retail or B2C).
- You are comfortable with fixed daily or weekly repayments for a defined loan term.
Switching to FundTap takes four steps
- Connect your accounting software (Xero, MYOB, QuickBooks or Reckon). Takes about five minutes.
- Pick an unpaid invoice you would like to fund.
- See the exact fee for that invoice before you commit to anything.
- Receive funds, typically the same business day.
Trusted by NZ & AU businesses
200+ businesses rate FundTap five stars.
- ★★★★★5.0 Google117 reviews
- ★★★★★4.9 Xero App Marketplace107 reviews
- SBAAApproved supplierSmall Business Association of Australia
Fundtap has removed the stress and sleepless nights from running a trades business. Instant access to our money when we need it has repaired our cash flow and ensures our supplier bills are paid on time every time.
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.
Great service with a professional team. FundTap does a great job at plugging the gap for small businesses and providing confidence to make decisions regarding business growth.
Common questions
Does my business need to invoice other businesses to use FundTap?
FundTap funds invoices owed by other organisations, including businesses, government departments, and councils. The most common use is invoicing other businesses, but business-to-government and similar arrangements work too. Cash-only or business-to-consumer arrangements do not fit the product because there is no invoice to fund against.
How is FundTap different from a business loan?
FundTap is not a loan. There is no new debt added to your balance sheet, no fixed repayment schedule, and no lock-in. You are accessing money you have already earned through an unpaid invoice. The invoice is repaid automatically when your customer pays, so you are never paying for funding you are not using.
What if my cashflow needs are short-term or sporadic?
That is exactly when FundTap works best. There are no monthly subscription fees, no minimum draw volume, and no contract. Fund one invoice, a few, or none. There is no penalty for not using the product.
How quickly can I get funded?
Once your accounting software is connected and your account is verified, eligible invoices are typically funded the same business day. Cut-off times and processing windows apply.
Competitor information is based on publicly available data at time of writing and may change. This page is for general information only and is not financial advice. Outcomes depend on circumstances, invoice profile, and approval. Confirm current terms directly with each provider.
FundTap provides invoice finance for small businesses across Australia and New Zealand. FundTap is the trading name of Seascape (2010) Limited, 255 Hardy Street, Nelson 7010. Our Australian business number (ABN) is 47914654579 and our New Zealand business number (NZBN) is 9429031726887.