Wiring new homes for the builders
The business is a general electrical contractor in Otago and Southland. Most of its work is residential: wiring new builds for home builders.
Builders pay the way the trade does. The invoice goes in, and it’s paid on the 20th of the month after. On a new build, the wiring is done long before that 20th comes round.
A bill due before the builders pay
A bill fell due before the 20th, and the builders’ money wasn’t landing until then. The work was done and invoiced, so the money was coming. It just wasn’t coming first.
On a call with the FundTap team, the owner explained a bill was due before the builders’ invoices paid on the 20th, and asked whether a small amount could cover it until then.
The owner also said the business had a solid run of jobs lined up with the builders.
Funding the builder’s invoice
They signed up in October 2025 and connected Xero, where the builders’ invoices already sat. The account was approved that month.
They picked one invoice from the builders, enough to cover the bill, and saw the fee before they committed. The builder still paid that invoice on the 20th, straight to the business.
The bill paid, the jobs kept rolling
The bill was paid before the 20th, and the business carried on with the jobs it had lined up. Nothing about the work changed. Only the wait did.
That was October 2025, and that one invoice is the only one they’ve funded. The builders have paid on the 20th since, and the account has cost nothing while it sits unused. If a bill lands ahead of the 20th again, the next invoice is there to fund.
The timeline
- October 2025 Signed up and connected Xero, with a bill due before the builders paid on the 20th.
- October 2025 Approved, with no charge until they funded an invoice.
- October 2025 Funded an invoice from the builders, and the bill was paid.
In numbers
- 20th of the month after: when the home builders pay
- 1 invoice funded, enough to cover the bill
- 12 months as a customer, to September 2026
Sound like your business?
The builders pay on the 20th of next month and a bill wants paying now. Fund the invoice that covers it and let the rest wait for the 20th.
Get paid now for work you’ve already done.
Invoice finance for construction and trades • All case studies
