A consultant with a workshop
The business is a technology consultancy in Wellington, run by its owner. The consulting work is for a council, which takes the owner’s advice on technology and pays on the 25th of the month after each invoice.
The same company also runs a furniture workshop. The consulting side bills on terms, and the owner wanted some of that money working in the workshop.
The council’s payment date
An invoice sent to the council early in the month waits a long time for its money. The work is done and the advice is given, and the payment date is fixed on the council’s side.
In August 2024, the owner told the FundTap team the plan was to fund a consulting invoice now and then, for the furniture side.
The owner also told the FundTap team the council contract was up for renewal and they expected it to roll on.
Funding a council invoice
They signed up in August 2024, connected Xero and funded their first invoice that month.
Since then the owner has picked the consulting invoices to fund, with the fee shown before each one is committed. The council keeps paying the business on the 25th of the month after, on its own terms.
Money in the workshop sooner
With a council invoice funded, the consulting fee could go into the workshop without waiting for the 25th of the month after. The furniture side gets the money when it’s useful, not when the council’s payment run lands.
They funded six invoices in 2024, 12 in 2025 and nine in 2026 to September. When the council’s timing suits, nothing goes through FundTap and there’s nothing to pay.
The timeline
- August 2024 Signed up and connected Xero, with the council paying on the 25th of the month after.
- August 2024 Funded their first consulting invoice.
- September 2026 The most recent consulting invoice funded.
In numbers
- 25th of the month after: when the council pays
- 27 invoices funded since August 2024
- 12 invoices funded in 2025, up from six in 2024
- 9 invoices funded in 2026 to September
Sound like your business?
The council pays on the 25th of the month after, and the other side of your business needs the money now. Fund that one consulting invoice, and the rest can wait for the 25th.
Fund a specific invoice when the timing doesn’t work. Pay nothing when it does.
Invoice finance for professional services • All case studies
