An electrical engineering firm in Auckland: paid the month after invoicing

The story in short

• 17 invoices funded since September 2022, each on its own day
• 14 of 49 months used since their first funded invoice
• 2 increases to their funding limit
• 9 invoices funded in 2023, their busiest year

The gap

That’s a predictable cycle, but it’s a long wait. The engineers’ time goes in during the month of the work, and the payment arrives well after the invoice.

Most months that works fine. Now and then it doesn’t, and they’ve used FundTap to cover the wait on a specific invoice.

How they use FundTap

Since September 2022 they’ve funded 17 invoices, each on its own day, across 14 of the 49 months. That’s occasional use, which suits the way the business gets paid.

Their busiest year was 2023, with nine invoices. The architects they work for keep paying on their usual dates and are never contacted.

What’s changed

Four years in, FundTap is a tool they reach for when the timing needs it, not a standing arrangement. The funding limit has been raised twice along the way, so the cover has kept pace with the work.

Sound like your business?

If most of your clients pay in the month after invoicing, the wait is built into the job. Fund the invoice that matters, and let the rest of the month run as usual.

Fund a specific invoice when the timing doesn’t work. Pay nothing when it does.

Invoice finance for professional services  •  All case studies

About this story. Anonymised: business and owner details are withheld. Counts are from FundTap’s records to 30 September 2026.