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Debtor Daddy partners with FundTap to offer a complete cash flow solution

February 4, 2021

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
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We’re excited to announce our new partnership with invoice financing service FundTap. FundTap turns outstanding invoices into immediate cash so businesses can grow stress-free without being restricted by a shortage of cash.*

Cash flow issues from long payment terms can cause serious headaches and hinder business growth. Partnering with FundTap will allow Debtor Daddy customers access to fast, simple and transparent business funding that will keep them moving forward.

“Partnering with FundTap was a no-brainer,” says Matt McFedries, Debtor Daddy CEO. “Their system is brilliant, it’s simple to use and they’ve got the same mission as us – creating a world of stress-free cash flow. Having access to this funding will open up a whole range of new opportunities for our customers.”

“FundTap’s one focus is solving the cash flow solutions of small businesses,” adds FundTap Owner and Director, Matt Peacey. “The ability to manage, automate and collect invoices is critical to cash flow and Debtor Daddy has mastered it.”

“We are incredibly excited to partner with Debtor Daddy to create an end-to-end cash flow solution so businesses can stop worrying about cash flow and get on with doing what they do best.”

What FundTap customers have to say

Phoenix Kitchen Transformations cash flow issues were based on the need to buy materials in advance, pay contractors during a renovation, and financially support the development of many designs at different stages all at once.

Owner Aaron Orchard knew invoice financing was a fast, trustworthy alternative to traditional bank lending. They selected FundTap due to its simple processes and compatibility with Xero.

“It’s made finances a lot easier, I can buy materials in bulk rather than as I go, which saves me money and valuable time,” says Aaron. “FundTap allows the leeway for strategising financially to remain competitive and maintain momentum for continued growth.”

How does it work?

FundTap links seamlessly with Debtor Daddy to make funding your business simple – just a couple of clicks to access as much or as little money as you need. Head over to our help doc to see how it works.

*FundTap is only available to Debtor Daddy customers in Australia and New Zealand.

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