Bags for the big laundries
The business is family-run, based in Auckland, and makes laundry bags, wash nets and other textile products for commercial laundries. Its customers are some of the bigger laundry operations in New Zealand, plus a distributor who sells its range in Australia.
Everyone in the family does a bit of everything, from the making to the admin. The work comes in; the paying runs on the customers’ clock.
Most customers are on standard terms and pay on the 20th of the month after the invoice. The biggest takes two months.
“...we do laundry bags and wash nets ... that we supply to some of the major commercial laundries in New Zealand and then we have an Australian distributor as well.”
From a call with the FundTap team, October 2025
One customer on two-month terms
Two months is a long time to carry an order that has already been made and delivered.
When they signed up, the manager explained that nothing in particular was pressing, but one of their big customers paid on two-month terms and they wanted funding ready for when it was needed.
That’s a different reason to sign up from most. Not a bill due tomorrow, but a long invoice that could be funded if the timing ever called for it.
“...just having a little bit more of a fluid cashflow would certainly help.”
From a call with the FundTap team, October 2025
An option for the slow invoices
They signed up in October 2025, connected Xero and funded their first invoice that month. The point was to have funding ready for the invoices that take longest, so the business could choose when to use it.
They see the fee on each invoice before they commit and pay only on what they fund. The laundries and the distributor pay the business on their usual terms.
“...knowing that there is an option if we need it.”
From a call with the FundTap team, October 2025
Keeping the laundries supplied
When a long invoice is funded, the money for the next run of bags is there without waiting out the two months. In March 2026 they funded another.
By July 2026 more of the work was going through. Their funding limit was raised twice that month, and four invoices were funded, their busiest month so far.
Picked when the timing calls for it
They have funded 14 invoices since October 2025: two in 2025 and 12 in 2026, the most recent in September 2026.
When the laundries have paid and nothing is waiting, there’s no fee to pay. The option is there for the next long invoice, which was the point from the start.
The timeline
- October 2025 Signed up and connected Xero, with one big customer on two-month terms and nothing pressing yet.
- October 2025 Funded their first invoice.
- March 2026 Funded another invoice.
- July 2026 Funding limit raised twice, and four invoices funded, the busiest month so far.
- September 2026 The most recent invoice funded.
In numbers
- 60 days before their biggest customer pays an invoice
- 14 invoices funded since October 2025
- 2 increases to their funding limit, both in July 2026
- 4 invoices funded in July 2026, the busiest month
Sound like your business?
Your big customer pays in two months and the next run has to be made now. Fund that one invoice and get the next run made.
Fund the next order without waiting on the last one.
Invoice finance for makers and distributors • All case studies
