Managing cashflow timing is one of the biggest challenges for small businesses in New Zealand and Australia. Long payment terms, seasonal fluctuations, and unexpected expenses can leave you waiting on money you have already earned. That is exactly the problem Fundtap was created to solve.
This guide brings together everything you need to know about Fundtap in one place. You will learn who it is for, how it works, why businesses trust it, and where to find quick answers when you need support.
Fundtap is a simple and flexible way for small businesses to get paid early on their approved invoices. Instead of waiting weeks or months for customers to pay, you can turn selected invoices into cash within hours. There are no subscriptions, no lock-ins, and no long applications. You only pay when you use it.
Learn more on our How It Works page.
Fundtap isn’t new. We have been operating since 2010, launched our on demand invoice finance model in 2018, and expanded into Australia in 2021. Our longevity shows our commitment to building a sustainable, reliable service that small businesses can depend on.
Fundtap is primarily funded by the Bank of New Zealand (BNZ), a Tier 1 bank known for trust and stability. We also have a long standing relationship with New Zealand Trade and Enterprise (NZTE), which supports businesses with global potential.
Fundtap connects directly to the platforms you already use, including Xero, MYOB, QuickBooks, and Reckon. This helps us review invoices accurately and quickly, without adding any extra admin for you.
Hundreds of businesses across New Zealand and Australia trust Fundtap to bridge cashflow gaps, support growth, and keep operations moving. You can see feedback on Google Reviews and the Xero App Store, where customers consistently highlight our speed, transparency, and support.
Fundtap is designed for businesses that invoice customers after work is completed. You are likely eligible if you:
Are based in New Zealand or Australia
Are a sole trader, company, partnership, or trust
Turn over at least 5,000 dollars per month
Have been trading for at least three months
Have issued and been paid on at least two invoices
Check your eligibility on our website.
Fundtap supports a wide range of business types, including:
Service providers
Trades and contractors
Manufacturers and exporters
Real estate agents (commission based)
Dairy farmers
Ecommerce and B2C sellers
As long as the payment is confirmed, Fundtap can usually help.
Fundtap accepts:
B2B and B2C invoices
Domestic or international debtors
Commission statements
Invoices with longer payment terms (within 90 days)
Your customers do not need to know you are using Fundtap, and you choose exactly which invoices you want to fund.
Fundtap believes in full transparency. There are no subscription fees and no ongoing costs. You only pay when you choose to draw down funds.
Fees are based on two components:
A 4 percent base fee
A small additional cost based on how long the invoice remains outstanding, approximately 15 percent annualised
Most customers pay between 4 and 6 percent of the invoice value.
You can try our cost calculator on the How It Works page.
Some customers set up an account so they are prepared for unexpected cashflow gaps. Think of the facility like insurance. It costs nothing to keep ready, but gives you peace of mind when things tighten.
Growth takes money. Whether you are hiring staff, buying stock, or ramping up production, Fundtap helps bridge the gap until your customer pays.
Almost every small business has a cash negative month at least once per year. If GST, payroll, or supplier payments are due before you get paid, Fundtap lets you access your cash early so you can keep moving.
Once approved, you choose which invoices to fund and when. There are no minimums. Use it once a week or once a year. You stay in control.
Submitting invoices is simple. If your accounting platform is linked:
Log in to your Fundtap portal
Select the invoices you want to fund
Review the quote
Accept and submit
If submitted before 3.30 pm NZT, most invoices are funded the same day.
You can also upload invoices manually if you are not using one of the supported accounting tools.
If you do not want the full 90 percent advance, you can request a smaller amount. Just include the partial amount in the Customer Comments section of your invoice submission. Fees only apply to the amount you draw.
Most invoices are funded quickly, but occasionally one may not be eligible. Common reasons include:
The due date is more than 90 days away
You have reached your facility limit
The invoice is overdue
You have overdue repayments
The invoice is to a related party
Your account is not approved
Your financials have changed significantly
If you are unsure, you can contact our team through your portal.
Delays are rare, but usually happen when:
Additional information is needed
An invoice triggers a manual review
Details on the invoice do not match expectations
The team will always contact you if more information is required.
For quick answers, detailed guides, and troubleshooting help, the Fundtap Knowledge Base is your best resource. You can reach it from the How It Works page.
It includes articles on:
About Fundtap
Creating your account
Submitting invoices
Managing repayments
Account support
Partner and advisor information
Comparisons with other finance tools
You can search keywords like “submit invoice” or “repayment date” to find help instantly.
Fundtap began as a traditional invoice finance company in the top of New Zealand’s South Island. Everything was manual and slow. As cloud accounting platforms like Xero emerged, our founder Matt Peacey recognised the opportunity to build a modern, digital solution.
We rebuilt Fundtap from the ground up with a focus on:
Integrity
People
Practical innovation
Today, Fundtap gives small business owners fast access to money they have already earned, helping them navigate challenges and seize opportunities.
Fundtap is built to make cashflow simple, flexible, and transparent. Whether you want to grow, smooth out timing gaps, or simply be prepared, we are here to help.
Start by checking your eligibility or visiting our How It Works page to learn more.