Contracting to the builders
The business is a quantity surveyor in Canterbury. It contracts in to other construction businesses, as a quantity surveyor on some jobs and as a project manager on others.
Most of that work is for one big national builder. The owner told the FundTap team the builder had a long and reliable record of paying its invoices.
The terms are the builder’s: the 20th of the month following the invoice.
The bills that fall first
A reliable payer is still a slow one when the terms say the 20th of the month following. The work is done, the invoice is good, and the money is still some way off when a bill lands.
When they signed up in October 2024, the owner told the FundTap team a few costs were falling due before the 20th, and that they were looking for a short-term fix.
Nothing about the builder needed to change. The business just needed an invoice paid ahead of the builder’s 20th.
The short-term fix
They signed up in October 2024 and funded one invoice that month. The fee showed before they committed, and the builder paid the business on the 20th following, the same as every other invoice.
That was the fix the owner had asked for: an invoice funded ahead of the 20th, the bills paid on their dates, and nothing else touched.
Nothing to pay in between
Nothing was funded in 2025, and with no ongoing fee, nothing was charged.
In August 2026 they funded a second invoice. Two in all since October 2024, and the builder still pays on the 20th following.
The timeline
- October 2024 Signed up, with the builder paying on the 20th of the month following and a few bills due before it.
- October 2024 Funded their first invoice, the short-term fix they had asked for.
- August 2026 Funded a second invoice, with nothing charged in between.
In numbers
- 20th of the month following: when the builder pays
- 2 invoices funded in all since October 2024
- 1 invoice funded in August 2026, the most recent, with nothing charged in the stretch before it
Sound like your business?
You contract to a builder that pays on the 20th following, and your own bills land before that. Fund an invoice when they do, and pay nothing when they don’t.
Fund a specific invoice when the timing doesn’t work. Pay nothing when it does.
Invoice finance for professional services • All case studies
