Earlypay is an Australian invoice finance and equipment finance provider, traditionally serving larger SMEs through brokers. FundTap is direct and software-led: connect Xero, MYOB, QuickBooks or Reckon, pick any invoice, get funded the same business day from 4%. Earlypay suits larger facilities with broker relationships. FundTap suits small businesses that want speed and self-service.
Last reviewed 11 August 2026
Earlypay provides invoice finance and asset finance for Australian businesses. 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.
At a glance
| Feature | FundTap | Earlypay |
|---|---|---|
| What it is | On-demand invoice finance | Invoice finance and asset finance |
| Cost | Per-invoice fee from 4% (no setup fees, no monthly subscription fees, no early-repayment fees) | Percentage fee per invoice funded |
| Repayment | Automatic when your customer pays the original invoice | Repaid when your customer pays the invoice |
| 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 larger monthly invoicing volumes; AU only |
| Effect on balance sheet | No new debt added to the balance sheet , you are accessing money you have already earned | No new debt added to the balance sheet |
| Speed | Typically funded same business day, once your accounting software is connected | Funding timeframes vary by structure |
| Markets | Australia and New Zealand | Australia |
| Ongoing commitment | No monthly subscription fees, no minimum draw volume | Facility-based pricing may apply (confirm with Earlypay) |
When FundTap is likely the better fit
- You are based in New Zealand or you trade across both markets.
- Your invoicing volume is smaller, sporadic, or seasonal and you want to fund individual invoices on demand.
- You want a per-invoice fee with no facility commitment.
When Earlypay is likely the better fit
- You are an Australian business invoicing consistently at a level that fits Earlypay's facility structure.
- You also want asset finance products from the same provider.
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.
Common questions
Does my business need to invoice other businesses to use FundTap?
FundTap funds invoices your customers owe you, whether they are businesses, government departments, councils or consumers. The most common use is invoicing other businesses, but business-to-consumer, business-to-government and similar arrangements work too. What does not fit is cash-only work, 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.
