How does repayment work with FundTap?

When your customer pays their invoice, the payment goes through FundTap's system. FundTap deducts the advance amount and its flat fee, then releases the remaining balance to you. You don't need to manually repay anything.

How fees are charged

Q: What if my customer pays early?

If your customer pays before the expected date, repayment happens automatically on that date. The fee may be lower if the invoice is outstanding for less time than expected.

Q: What if my customer pays late?

If your customer pays after the expected date, the advance remains in place and the fee may adjust. FundTap will notify you and work with you on a resolution.

TL;DR: Repayment is automatic on the due date of the invoice, but can be bought forward or extended by a week at your discretion. No fixed instalment schedule, no early-repayment fees. Your customer relationship is unchanged.

FundTap is transparent about costs before you commit. You see the exact fee before accepting any payment.

Select any invoice/s and see the exact cost of capital before you choose to proceed
We pay you up to 90% of the invoice value, within hours
Your customer pays you as normal, on their usual terms
On the invoice due date, FundTap collects the advance plus the fee via direct debit

You never get a surprise bill. The fee is transparent before you accept the payment from FundTap.

No fixed repayment schedule

Unlike a business loan, there are no fixed monthly repayments. Repayment happens naturally when your customer pays — which aligns with your actual cashflow, not an arbitrary calendar date.

Common questions

What if my customer pays early?

If your customer pays before the expected date, you can use the customer portal to bring your Fundtap repay date forward, meaning the fee may be slightly lower if the invoice is outstanding for less time.

What if my customer pays late?

If payment is delayed, you can use the customer portal to extend the repay date by up to a week. If your customer will be later, get in touch and we can work with you to organise a later payment. The fee may adjust to reflect the additional time outstanding. FundTap only funds invoices from creditworthy clients to keep this risk low.

Do I need to do anything to trigger repayment?

No. The entire repayment process is automatic. You'll receive a notification when funds are released to you, and again before repayment is taken by direct debit.

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Frequently asked questions

How does repayment work?

When your customer pays the invoice, repayment to FundTap happens automatically by direct debit on the due date. It is not a loan with a fixed schedule.

Can I change my direct debit date?

Yes. You can extend your repayment date by up to 7 days in the portal. Make changes at least one business day before the due date.

Can I repay early?

Yes. Move your repayment date forward in the portal or pay manually, and the fee reduces automatically with no penalty.

What if my customer has not paid yet?

Extend your repayment date in the portal before the due date. If you need longer, contact the team with your customer's confirmed payment date.