Moneytech is a broad business lender, and its closest product to FundTap is Cash Advance: a confidential invoice finance facility with limits from $150,000 to $1 million. The biggest difference is how you use it. FundTap has no facility and no minimum: you fund one invoice, one customer or several, from $300, and each is repaid once on its due date, with no setup or ongoing fees. Moneytech suits larger ongoing facilities, funding before an invoice exists, or equipment and property-backed lending.
Last reviewed 7 October 2026
Moneytech is an Australian lender offering invoice finance, trade finance, business loans, lines of credit, equipment finance and property-backed loans. FundTap is on-demand invoice finance for Australian and New Zealand small businesses. Moneytech is not one product, so this page compares FundTap with the Moneytech products closest to it, Cash Advance and Invoice Finance, and says where Moneytech's other products are the better fit.
At a glance
| Feature | FundTap | Moneytech Cash Advance |
|---|---|---|
| What it is | On-demand invoice finance. You fund the unpaid invoices you choose | A simplified invoice finance facility. Moneytech also offers a full Invoice Finance facility, custom priced and tailored to larger businesses |
| How you use it | One invoice, one customer or several. No facility to set up | An ongoing facility with a limit, drawn against your receivables |
| Size | No minimum. Invoices from $300, and up to $300,000 to start, growing as your invoicing grows | Facility limits from $150,000 to $1 million |
| Advance | Up to 90% of the invoice | Up to 80% of the invoice value upfront |
| Repayment | One repayment, by direct debit, on the date your customer is due to pay the invoice | Settled under the facility's terms. Ask how and when advances are repaid |
| Cost structure | From 4% per invoice, quoted in full before you accept. No setup fees, no monthly fees, no exit fees | Priced on application. Ask which fees apply, such as establishment, monthly or turnover fees, and whether any apply in months you don't draw |
| Your customers | Not contacted. They keep paying you as normal | Confidential, with no control account, so you keep your existing bank setup |
| Entry criteria | Connect Xero, MYOB, QuickBooks or Reckon and pick an eligible invoice. Three months of trading activity and more than $5,000 a month in revenue, subject to standard credit assessment of you and your customer | Invoices on terms of up to 90 days to creditworthy Australian businesses, and a diverse customer base |
| Security | No property security. A general security agreement over the business, and for limits over $30,000 a personal guarantee backed by property the guarantor owns | Your receivables are the security. No property security needed |
| Speed | Approval usually within a day. Once approved, funded within 2 hours | Not published for Cash Advance. Moneytech says its business loan approvals often come within 24 hours |
| Markets | Australia and New Zealand | Australia |
Moneytech facility limits, advance rate, entry criteria and features are taken from Moneytech's own published invoice finance page, read on 7 October 2026. Moneytech does not publish Cash Advance or Invoice Finance pricing on that page, so no rate is quoted here on its behalf. Individual facilities vary, so confirm current terms with Moneytech directly.
A facility, or one invoice
Moneytech's Cash Advance is a facility: you set up a limit of at least $150,000 and draw against your receivables. FundTap has no facility. You choose an invoice, see the fee, and fund it. Fund one this month and none next month, and nothing is charged in between.
That difference shapes who each one suits. A business that funds a large part of its ledger every month may be well served by a facility, and at constant high use a facility can work out cheaper. A business with an occasional gap, or one big invoice from a slow-paying customer, is usually better off funding just that invoice. The $150,000 minimum also puts Cash Advance out of reach for many smaller businesses that FundTap funds every day.
With FundTap, each funded invoice is repaid once, by direct debit, on its due date. There is no ongoing facility to manage and nothing to close if you stop using it.
Before the invoice, or after it
FundTap funds work you have already done and invoiced. Moneytech also funds earlier in the cycle. Its trade finance pays local or overseas suppliers before you have made the sale, with up to 120 days to repay and borrowing up to $10m.
If your gap is paying for stock or materials before you can invoice, that is a different problem, and trade finance is built for it. If your gap is waiting for customers to pay invoices you have already sent, FundTap is built for that. Some businesses use both.
Moneytech's other products
Moneytech's breadth is its real strength, and for some needs it is the better choice. On its published pages:
- Business loans from $25,000 to $500,000, with terms up to 36 months and approvals often within 24 hours. It asks for 12 months of GST registration and 12 months of bank statements.
- A line of credit of up to $500,000, with up to 120 days to repay each drawdown.
- Trade finance up to $10m, for paying suppliers before you sell.
- Equipment finance for vehicles, machinery and other assets.
- Secured loans from $100,000 to $2.5 million, backed by residential or commercial property.
None of these compete directly with FundTap. A business might finance a truck through Moneytech and fund the invoices that truck earns through FundTap.
Six questions to ask any invoice finance provider
- Is there a minimum facility size or monthly minimum? Ask what happens in a month you don't use it.
- What is every fee, in dollars? Ask about establishment, monthly, turnover and exit fees, not just the rate.
- Can I choose which invoices to fund? Or does the facility cover the whole ledger?
- Will my customers be contacted, or asked to pay a different account? Ask about debtor verification as well as collections.
- How much of each invoice is advanced? And when is the rest released?
- How do I leave? Ask about notice periods and closing costs.
Ask FundTap the same six. The answers are: no minimum and no facility, so nothing is charged in a month you don't use it; one fee per invoice, shown in dollars before you accept, with no setup, monthly or exit fees; you choose every invoice; your customers aren't contacted and keep paying you as normal; up to 90% is advanced, and the balance less the fee is released on repayment; and you can stop whenever you like.
For the broader trade-offs between funding types, see selective vs whole-ledger invoice finance.
When FundTap is likely the better fit
- You need funding for some invoices some of the time, not an ongoing facility.
- You need less than Moneytech's $150,000 Cash Advance minimum, or want to start with one invoice.
- You want no setup, monthly or minimum fees, and to pay only when you use it.
- You want one repayment on each invoice's due date.
- Your business is younger or smaller, with at least three months of trading and more than $5,000 a month in revenue.
- You trade in New Zealand, Australia, or both.
When Moneytech is likely the better fit
- You want a large ongoing facility across much of your ledger, and you will use it constantly.
- You need to pay suppliers before you can invoice.
- You need equipment finance, a property-backed loan, or a general-purpose loan that isn't tied to an invoice.
- You want several types of funding from one lender.
Switching to FundTap takes four steps
- Connect your accounting software (Xero, MYOB, QuickBooks or Reckon). Takes about 10 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 within 2 hours of approval.
More detail on each step is on how FundTap works.
Common questions
What is the difference between FundTap and Moneytech?
Moneytech is a broad business lender. Its closest product to FundTap is Cash Advance, an ongoing invoice finance facility with limits from $150,000 to $1 million. FundTap is selective: you fund the invoices you choose, from $300, with no facility and no setup or ongoing fees, and each is repaid once on its due date. Moneytech suits larger ongoing facilities, funding before an invoice exists, or equipment and property-backed lending.
What is Moneytech Cash Advance?
Moneytech describes Cash Advance as a simplified version of invoice finance. It has facility limits from $150,000 to $1 million, advances up to 80% of the invoice value, uses your receivables as security, connects to Xero, and is confidential with no control account, so you keep your existing bank setup.
Will my customers know?
Not with FundTap: your customers aren't contacted and keep paying you as normal. Moneytech describes Cash Advance as confidential too. For its full Invoice Finance facility, ask how collections and debtor verification work.
Is Moneytech cheaper than FundTap?
It can be, for a larger facility you use all the time. Moneytech prices its invoice finance on application, so ask for every fee in writing, including whether any apply in months you don't draw. FundTap is one fee per invoice, from 4%, shown in dollars before you accept, with no setup or ongoing fees. Compare the total dollar cost for the funding you actually need.
Is there a minimum?
Moneytech's Cash Advance facility starts at $150,000. FundTap has no minimum facility and no minimum number of invoices, and funds invoices from $300.
Does it cost less if my customer pays early?
With FundTap, yes. The fee is recalculated for the actual number of days the funding runs, so it comes down if your customer pays early. If the repayment date moves out, the extra days are added.
Do I need property security?
FundTap does not take property security. It takes a general security agreement over the business, and for funding limits over $30,000 a personal guarantee, which needs to be backed by property the guarantor owns. Moneytech says its invoice finance uses your receivables as security, with no property security needed. Whichever provider you use, ask exactly what security applies.
How quickly can I get funded?
Once your accounting software is connected and your account is approved, eligible invoices are typically funded within 2 hours of approval.
Moneytech product details are taken from Moneytech's own published pages for invoice finance, business loans, line of credit, trade finance, equipment finance and secured loans, read on 7 October 2026. Moneytech does not publish invoice finance pricing, so none is stated here on its behalf. 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.
