Supplying the mills and heavy industry
The business supplies engineering parts to mills and heavy engineering firms around Waikato and Bay of Plenty. When an order comes in, the parts are bought from the supplier first and sold on to the customer.
The suppliers want paying when the parts are bought. The customers pay on terms, usually within the month, and on the bigger orders the terms stretch further.
The parts are paid for first
When they signed up in July 2025, the owner told the FundTap team they had taken on a few big orders at close to two months, rather than the usual month, with the parts already paid for.
That’s the gap. The bigger the order, the more goes out up front, and the longer the wait for it to come back.
The occasional big job for an industrial plant works the same way, only larger: the costs come first, and the invoice follows the job.
Funding the big orders
Their broker introduced them to FundTap and they signed up in July 2025, funding three invoices that month.
The owner told the FundTap team they wanted to fund only the odd big order, not every invoice, and to keep things with their customers exactly as they were. That’s how it runs: they choose the invoices, see the fee before they commit, and the mills and engineering firms keep paying them direct.
A yes to the big industrial jobs
At sign-up, the owner mentioned the big industrial jobs, where the costs come first, as the work they could see funding again.
That’s how it has gone. An order on longer terms no longer means waiting out the terms with the parts already paid for, so the bigger jobs can be taken on as they come. Their funding limit was raised in August 2025, the month after they started, and again in September 2025 as the orders grew.
As the orders grew
It turned out to be more than the odd job. They funded 30 invoices in 2025 and 184 in 2026 to September. January 2026 was the busiest month, with 35 invoices funded, and their funding limit has been raised 10 times, three of them in August 2026 alone.
It’s still their call which invoices to fund and which to wait out.
The timeline
- July 2025 Introduced by their broker and signed up, with big orders on longer terms and the parts already paid for.
- July 2025 Funded their first invoices, three that month.
- August 2025 Funding limit raised for the first time.
- January 2026 Busiest month so far, with 35 invoices funded.
- August 2026 Funding limit raised three times in one month as the orders grew.
- September 2026 Funded 14 invoices, the most recent in the records.
In numbers
- 30 days, their usual terms, with a few big orders on longer ones
- 214 invoices funded since July 2025
- 35 invoices funded in January 2026, the busiest month
- 10 increases to their funding limit since August 2025
Sound like your business?
The parts are paid for, the order’s delivered, and the mill pays on its own terms. Fund that invoice and take the next big order on.
Fund the next order without waiting on the last one.
Invoice finance for makers and distributors • All case studies
