Invoice Due Dates and Funding Eligibility Explained

Why was my invoice not funded?

FundTap funds invoices that are due within 60 days. In some cases, an exemption can be granted for invoices due up to 90 days, however you must apply for this in advance by emailing info@fundtap.co. Overdue invoices are not funded.

What invoice due dates are eligible for funding?

What happens if an invoice is already overdue?

Why might an invoice be declined even if the due date is acceptable?

An invoice may also be declined if:

• there is an overdue balance on the account
• the facility limit would be exceeded
• the invoice does not meet other approval requirements — contact FundTap at info@fundtap.co for details on your specific case

What should I do if my invoice is declined because of the due date?

1. Check whether the invoice due date is within 60 days.
2. If the invoice is due beyond 60 days, request an exemption up to 90 days by emailing info@fundtap.co.
3. Submit a different invoice with a due date within 60 days.

What type of invoice support does FundTap provide?

FundTap advances funds against an existing receivable, giving you access to money you have already earned before your client pays. For example, once your invoice is approved, FundTap pays you immediately and the funded amount is repaid automatically when your client settles the invoice.