There are a lot of ways for a small business to access funding. FundTap is not trying to be all of them — it is designed to do one specific thing extremely well.
Here is what makes it different from the traditional options.
Traditional invoice finance products often require you to sign up to a facility and commit to using it. You may have to pay ongoing fees whether you draw on the facility or not.
FundTap works differently. You connect your accounting software, and the platform is available when you need it. You only pay when you use it. There are no ongoing fees for having access, and no penalties for not using it every month.
This makes it a planning tool that sits in the background — available when you need it, invisible when you do not.
Many traditional invoice finance arrangements require you to assign your entire debtor ledger to the provider. All your invoices, all your clients — the provider has visibility and control over your complete receivables.
FundTap lets you choose individual invoices. You might want to fund one large invoice from a client with 60-day terms, while leaving your other invoicing arrangements untouched. That is entirely possible.
In traditional factoring, the funding provider often contacts your clients directly to collect payment. This means your clients are aware of — and involved in — your funding arrangement.
FundTap is completely confidential. Your clients pay you as they always have. There is no contact from FundTap to your clients, and they have no knowledge of your funding arrangement. Your business relationships remain yours.
The funding process is measured in hours, not days or weeks. Once your accounting software is connected — which takes minutes — you can select an invoice and have funds in your account within hours.
There is no lengthy application process, no credit committee, no waiting for a relationship manager to return your call.
FundTap connects directly to Xero, MYOB, and QuickBooks. Your invoices are automatically visible in FundTap without any manual data entry. When an invoice is paid by your client, the transaction settles automatically in your accounting system.
This integration removes the administrative overhead that makes some funding solutions impractical for small businesses.
Pricing is simple and clearly communicated. There are no hidden fees, no complex fee structures, and no surprises. You know exactly what funding an invoice will cost before you do it.
FundTap exists specifically to solve the timing mismatch between when businesses earn revenue and when they receive it. It is not trying to be a long-term lender, a working capital facility, or an asset financier. It does one thing — solve the invoice timing gap — and it is designed from the ground up to do that well.
If you invoice other businesses and experience the gap between invoicing and payment, FundTap is built for you.