Cameras, alarms and gates
The business is an electrical installer in Wellington. Its work is CCTV, alarm systems and automated gates: the wiring, the fit-out and the commissioning on each site.
The owner does most of it alone, with a contractor alongside when a job needs it, and has been at it for years.
Every install has materials to buy and a contractor to pay before the invoice for it goes out.
A bigger customer, a longer wait
Then the chance came to grow: a contract with a large building-systems company. It was more work than the business had been doing, and it came with that company’s own payment terms.
When they signed up, the owner told the FundTap team the new customer wouldn’t agree to anything shorter than a month to pay.
The business pays its contractor and buys its materials as the jobs go. A month on every invoice is a long time while the contract gets up to speed.
Funding the month-long wait
They signed up in August 2024 and connected their accounting software. In September 2024 they funded their first invoice.
When an invoice on the slow terms goes out, the owner can fund it and see the fee before deciding. The customer pays the business directly a month later, as agreed.
Taking the contract on
With the slow invoice funded, the business could take the contract on the company’s terms and keep the contractor and the materials paid in the meantime.
At sign-up, the owner explained the squeeze on everyday running costs would last only until the contract was up and running.
Three invoices have been funded in all, two in 2024 and one in February 2025. Nothing has been funded since, and nothing has been charged. The next invoice gets funded when the owner chooses.
The timeline
- August 2024 Signed up, with a new contract on hand that pays a month after each invoice.
- September 2024 Funded their first invoice.
- February 2025 Funded their most recent invoice.
In numbers
- 30 days from the invoice before the building-systems company pays
- 3 invoices funded since September 2024, picked by the owner
- 2 invoices funded in 2024, the year the new contract started
Sound like your business?
The big customer wants a month to pay, and your contractor wants paying this week. Fund that invoice and take the contract on its terms.
Get paid now for work you’ve already done.
Invoice finance for construction and trades • All case studies
