An engineering firm in Otago and Southland: mining customers on longer terms

The story in short

• 77 invoices funded since March 2024
• 28 of 31 months with an invoice funded since March 2024
• 34 invoices funded in 2025, their busiest year
• 7 invoices funded in March 2025, their busiest month

The gap

The firm carries the cost of materials, labour and production on every order. Its ideal terms are a deposit up front and the balance when the product reaches the port.

In practice the balance can arrive late, because customers have been pushing payment out. Some are now on much longer terms, while its own costs arrive on schedule.

How they use FundTap

They use FundTap almost every month, 28 of the 31 since March 2024, for 77 invoices on 45 funding days.

The pattern is steady: 24 invoices in 2024, 34 in 2025 and 19 so far in 2026.

What’s changed

Orders can be built and shipped without waiting on the last customer’s payment. Their funding limit has gone up once, and every one of the last six months has had funding.

Their customers pay them as normal, and the firm has now been funding invoices for more than two years.

Sound like your business?

If your customers keep stretching their terms while materials and wages still fall due on time, FundTap covers the difference.

Fund the next order without waiting on the last one.

Invoice finance for makers and distributors  •  All case studies

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