How does Fundtap compare to traditional NZ invoice factoring?

Traditional NZ invoice factoring typically requires whole-ledger commitment, notifies your customers, and involves longer contracts. Fundtap is selective, confidential and has no lock-in.

Is invoice factoring common in New Zealand?

Invoice factoring has been available in NZ for decades but has typically been for larger businesses. Fundtap was built to make this type of finance accessible to smaller NZ businesses.

What are the main invoice finance providers in New Zealand?

Providers include Fundtap, ScotPac, Lock Finance, and traditional bank debtor finance products. Each has different minimum requirements and terms.

Fundtap vs traditional invoice factoring in New Zealand

Invoice factoring has been available in New Zealand for years — but the traditional model wasn’t designed for small businesses. Here’s how Fundtap compares.

⭐⭐⭐⭐⭐ 4.9 stars · 240+ reviews on Google • 54% average revenue growth for Fundtap customers

Feature	Fundtap	Traditional NZ Invoice Factoring
Confidential	Yes	Usually no (customers notified)
Selective invoices	Yes (choose any invoice)	No (full ledger typical)
Minimum	No minimum	Often $50K+/month
Lock-in	None	6-24 months typical
Fee structure	One flat fee per invoice	% of invoice + admin fees
Accounting integration	Xero, MYOB, QuickBooks	Varies
Decision speed	Hours	Days to weeks

Why Fundtap was built for NZ small businesses

Traditional invoice factoring was designed for large businesses with consistent, high invoice volumes. Fundtap was built for NZ’s small business economy — flexible, confidential, and accessible for businesses turning over $150K or more.

“Fundtap has been a game-changer for our construction business. We get funded the same day we submit an invoice — no waiting 60 days to pay our subbies.”
Sam T., Construction Business Owner, Auckland

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Competitor information is based on publicly available data and may change. This page is for general information only and is not financial advice. Contact providers directly to confirm current terms.

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