An electrical contractor in Auckland: a few customers on long terms

Quick payers, mostly

The business does electrical work across Auckland, in homes and on commercial sites.

Most customers pay quickly, about a week after the invoice goes out. That’s the rhythm the business runs on: the job’s done, the invoice is sent, and the money follows close behind.

The ones that go to the 20th

A few customers are on different terms. They pay on the 20th of the month after the invoice, so a job done early in the month waits weeks for its money.

At sign-up in December 2024, the owner told the FundTap team some customers went out to the 20th of the month after.

Those invoices hang behind the quick ones. The work’s done, the cost of it is spent, and the money lands on the customer’s date, not the business’s.

Funding the invoices that wait

They signed up in December 2024 and connected Xero. Two invoices were funded that month, and their funding limit went up in the same month.

The owner picks which invoice to fund and knows the fee before going ahead. A job that pays quickly doesn’t need it; one on the 20th of the following might. The customer still pays the business on their usual date.

The slow job paid like the quick ones

Funding the slow invoice turns a 20th-of-the-following job into one that pays like the rest of the work. The customer keeps its terms, and the business doesn’t carry the job for weeks.

They’ve funded 30 invoices since December 2024: 13 in 2025 and 15 in 2026 to September. November 2025 was the busiest month, with three.

In a month with no slow invoices, there’s nothing to fund and nothing to pay. The next one gets funded when a job on the 20th of the following is done and the money is weeks away.

The timeline

1. December 2024 Signed up and connected Xero, with most customers paying in about a week and a few on the 20th.
2. December 2024 Funded their first two invoices, and their funding limit was raised.
3. November 2025 The busiest month so far, with three invoices funded.
4. September 2026 Funded two more invoices, the latest in the records.

In numbers

• 20th of the month after: when a few of the customers pay
• 30 invoices funded since December 2024, picked one job at a time
• 15 invoices funded in 2026 to September, up from 13 in 2025
• 3 invoices funded in November 2025, the busiest month

Sound like your business?

Most of your customers pay in a week, but the odd one pays on the 20th of next month. Fund that one invoice when it matters, and let the quick ones be.

Get paid now for work you’ve already done.

Invoice finance for construction and trades  •  All case studies