How are Fundtap fees calculated?

Fundtap charges one fee per invoice you fund, from 4% of the invoice value. There are no setup fees, monthly fees or early repayment penalties.

You see the exact dollar fee in your funding quote before you confirm, and nothing is charged until you do.

What changes the fee

• How long the funding runs. The fee covers the days until your invoice is repaid. If your customer pays early, the fee comes down. If the repayment date moves out, the extra days are added.
• The invoice amount. Small invoices cost proportionally more, so most people fund their bigger ones.
• Your business. Connecting your accounting software gets you the standard fee. Without it, the fee starts higher. Trades and construction businesses are priced differently too.

That's why two businesses funding the same amount can be quoted different fees.

Example

Fund a $4,500 invoice for 30 days and the fee is $235. You receive $4,050 upfront. On the due date, $4,285 is repaid (the advance plus the fee), and the remaining $215 of the invoice is yours.

If you have questions about your fees or want to understand a specific quote, contact Fundtap Support.