An upper North Island distributor sells electrical safety products to wholesalers and corporate customers. Those customers pay on the 30th of the following month. The stock has to be paid for well before then.
Distribution runs on the same cycle every month: buy the stock, sell it on to wholesalers, wait for the 30th of the following month. When the business pulled back from Australia and brought its stock home, that gap got harder to carry while the New Zealand side rebuilt.
They didn't want a facility to pay for every month. They wanted something to reach for when the timing went wrong.
A top-up for a few days when cashflow timing is out of whack, so the deadlines still get met.
Their finance broker introduced them in October 2023. The first invoices were funded in early December. They've come back to it ever since.
This is the kind of client advisers refer most: steady, repeat, and only paying when they use it. You keep the relationship. We fund the invoices.
Over three years they've funded 455 invoices on 31 separate days. Some months it's a single top-up. Their busiest stretch is summer: in January 2026 they funded on seven separate days.
Invoices funded each monthDecember 2023 to July 2026. In the 13 months with no funding, it cost nothing.| Month | Invoices funded |
|---|---|
| Dec 2023 | 7 |
| Jan 2024 | 0 |
| Feb 2024 | 17 |
| Mar 2024 | 49 |
| Apr 2024 | 0 |
| May 2024 | 0 |
| Jun 2024 | 9 |
| Jul 2024 | 0 |
| Aug 2024 | 0 |
| Sep 2024 | 0 |
| Oct 2024 | 0 |
| Nov 2024 | 11 |
| Dec 2024 | 0 |
| Jan 2025 | 27 |
| Feb 2025 | 4 |
| Mar 2025 | 12 |
| Apr 2025 | 5 |
| May 2025 | 0 |
| Jun 2025 | 0 |
| Jul 2025 | 24 |
| Aug 2025 | 42 |
| Sep 2025 | 4 |
| Oct 2025 | 40 |
| Nov 2025 | 16 |
| Dec 2025 | 50 |
| Jan 2026 | 71 |
| Feb 2026 | 56 |
| Mar 2026 | 0 |
| Apr 2026 | 0 |
| May 2026 | 0 |
| Jun 2026 | 4 |
| Jul 2026 | 7 |
The gaps in the chart matter as much as the bars. In the 13 months they didn't fund anything, it cost them nothing.
The limit started where it sensibly could for a new customer. It's been raised four times since, as their invoice history built up.
You buy the stock before you can invoice it, and your customers pay on the 20th or the 30th. Fund the next order without waiting on the last one.
Connect Xero, MYOB, QuickBooks or Reckon, choose an invoice and see the fee before you confirm. Once approved, funded within 2 hours. No lock-in, and nothing to pay while it sits there.
About this story. Anonymised: business and director details are withheld. Counts are from FundTap's records to 30 September 2026. Their words are paraphrased.