Frequently asked questions

FundTap turns your unpaid invoices into money in your account, the same day. You have done the work and the invoice is out. FundTap brings that money forward for one flat fee, and you choose which invoice and when.

No. It is your own invoice, brought forward early. You choose which one, and when, for one flat fee, shown before you confirm. Nothing else you are owed is signed over and there is no ongoing arrangement sitting behind it.

Yes. FundTap funds businesses in both New Zealand and Australia, and it works the same way either side of the Tasman.

Registering takes about ten minutes. Our approvals team then reviews your application, usually the same day, a little longer for more complex businesses. Once approved, every invoice you fund after that lands the same day.

Up to 90% of the invoice value. It can be less if you choose to fund only part of an invoice, or if 90% would take you past your funding limit. The rest, less the fee, is released when your customer pays.

Yes. FundTap lets you choose one invoice, several, or none at all. No minimum, no lock-in, no ongoing commitment.

No. Your customer pays your invoice to you, into your own account, on the terms you already agreed. There is nothing at their end to sign or change, no payment is redirected to FundTap, and you stay in charge of the relationship.

You can move the repayment date yourself in the portal by five working days, or let our friendly team know. The fee is recalculated for the actual number of days the funding runs, so it moves in both directions: earlier payment brings it down.

One flat fee, from 4% per invoice, shown in full before you confirm. No setup fees, no monthly charges, and nothing owing while you are not using it. You are always the one deciding when that fee applies.

No. Setting up costs nothing, and an account that is set up and unused costs nothing to hold. Set it up once and it is there when you need it.

If you are actively trading in New Zealand or Australia and invoice your customers on terms, usually yes. Four things: actively trading, invoicing on terms, the invoice is for work already done and unpaid, and your accounts are in order. As a general guide we look for around six months trading and roughly $60k in turnover.

Yes, as part of approval. It is not the whole picture though. Our approvals team looks at your business and at the invoice itself, not just a credit score, so you can still qualify even if a bank has said no.

Use it once, or every month. No minimum, no lock-in, no ongoing commitment, and it costs nothing while it is not in use.