How much of my invoice will Fundtap advance?

How much does Fundtap advance on an invoice?

FundTap advances up to 90% of your invoice value, up to the credit limit of your account. If you would like a smaller portion funded, you can use the comment function alongside your invoice to note this. When your invoice is submitted, FundTap staff will reduce the amount advanced to you, and once funded provide a funding notice with the updated fee amount.

What does Fundtap deduct at the repay date?

At the repay date, FundTap automatically deducts from your nominated account:

1. The 90% advanced, plus
2. The agreed fees per the original quote

Where can I see the exact advance amount and fees?

The exact advance amount and fees are always shown in the funding quote, the funding notice and on your invoice dashboard. If you choose to extend out the repay date, the fees recalculate, and will be displayed and deducted at the updated amount.