A painter in Auckland: month-end bills covered while the insurer pays

Some of the work is for insurers

The business is a self-employed painter in Auckland. Some of the work comes from insurance companies, where the insurer is the one paying the invoice.

An insurer pays on its own terms, and those terms run long. In this painter’s experience the payment then came later still, well past the date on the invoice.

Long terms, and bills that don’t wait

The painter’s own bills don’t move. Paint, gear and the rest of running a trade get paid at month-end whether or not the insurer has paid for the job they went into.

At sign-up in April 2023, the painter told the FundTap team the insurers paid late and the month-end bills needed money by the 20th.

The jobs were worth having. The gap between finishing one and being paid for it was the problem.

Funding the slow invoice

They signed up in April 2023 and didn’t need the account until February 2024, when they funded their first invoice. The months in between cost nothing.

The fee was visible before they committed, and the insurer paid the business directly, on its own timetable, as it would have anyway.

Month-end bills paid on time

With the slow invoice funded, the month-end bills were paid from a job already finished instead of waiting on the insurer. The insurance work could stay on the books, long terms and all.

They funded four invoices in 2024, two of them in August. Their funding limit was raised in January 2025, when they funded the most recent one. Five invoices in all, each for a finished job, and nothing to pay in the stretches between them.

“...I’ve had payees that have got long payment terms and it didn’t fit with my business payments and all that, so it’s really helped me big time...”

From a call with the FundTap team, October 2025

The timeline

1. April 2023 Signed up, with insurance jobs paying on long terms and month-end bills to cover.
2. February 2024 Funded their first invoice.
3. August 2024 Funded two invoices in the month, the most so far.
4. January 2025 Funding limit raised, and the most recent invoice funded.

In numbers

• 20th of the month: when the money was needed for the end-of-month bills
• 5 invoices funded since February 2024, each for a finished job
• 4 invoices funded in 2024, two of them in August
• 1 increase to their funding limit, in January 2025

Sound like your business?

The insurer will pay, on its own clock. Your month-end bills won’t wait for it. Fund the insurer’s invoice and pay the bills on time.

Get paid now for work you’ve already done.

Invoice finance for construction and trades  •  All case studies