Chargers for homes and businesses
The business is an electrical contractor in regional Victoria that supplies and installs EV chargers. Some go into homes, some into business premises.
Each job is supply and install. The charger is sourced, fitted and wired up, and the invoice goes out once it’s working.
It’s a young business, run by its owner. The customer pays after the invoice lands, and until then the business has paid for the charger and the work itself.
The hardware comes first
A charger install isn’t like a day of general electrical work. The unit is bought in before it goes on the wall. A good part of the job’s cost is paid out before anyone has been invoiced.
When they signed up, the owner told the FundTap team the business was still young, supplying and installing chargers at homes and businesses. For a business that size, a few installs waiting on payment at once can be enough to hold up the next one.
Funding the finished installs
Their broker introduced them to FundTap. They signed up in May 2025 and connected Xero, and in June 2025 they funded their first invoice, a finished install waiting on its customer.
The owner picks the install invoice to fund and sees the fee before going ahead. The customer still pays the business directly, on the terms they agreed.
On to the next job
With the finished install funded, the money for the next charger isn’t waiting on the last customer. The owner can order the unit, book the install and get on with it.
The work picked up through the year. Their funding limit was raised in September 2025, and December 2025 was their busiest month, with five invoices funded. In May 2026 the limit went up again.
Quiet between installs
They’ve funded 18 invoices since June 2025: 11 in 2025 and seven in 2026 to September, the latest in July 2026. When there’s no install waiting on a customer, the account goes unused, and unused costs nothing.
The timeline
- May 2025 Introduced by their broker and signed up, with chargers going in at homes and businesses.
- June 2025 Funded their first invoice, a finished install waiting on its customer.
- September 2025 Funding limit raised as more installs went in.
- December 2025 The busiest month so far, with five invoices funded.
- May 2026 Funding limit raised again.
- July 2026 The most recent funding, one install invoice.
In numbers
- 18 invoices funded since June 2025, each one a finished install the owner chose to fund
- 2 increases to their funding limit as the installs added up
- 5 invoices funded in December 2025, the busiest month
Invoices funded each month, as a table
| Month | Invoices funded |
|---|---|
| June 2025 | 1 |
| July 2025 | 3 |
| August 2025 | 0 |
| September 2025 | 2 |
| October 2025 | 0 |
| November 2025 | 0 |
| December 2025 | 5 |
| January 2026 | 0 |
| February 2026 | 0 |
| March 2026 | 0 |
| April 2026 | 4 |
| May 2026 | 2 |
| June 2026 | 0 |
| July 2026 | 1 |
| August 2026 | 0 |
| September 2026 | 0 |
Sound like your business?
The charger’s on the wall and the invoice is out, but the next unit needs paying for now. Fund the finished install and order the next one.
Get paid now for work you’ve already done.
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