Blog | Resolve

Best B2B Payment Platforms for Industrial Fasteners & Hardware Distributors

Written by Resolve Team | Feb 26, 2026 8:02:29 AM

Industrial fasteners and hardware distributors face a unique payment paradox: customers demand net 30, 60, or even 90-day payment terms, yet cash flow can't wait that long when managing inventory worth hundreds of thousands. With typical net margins often in the low single digits to around 10%—and higher for a handful of top performers, even small payment processing fees directly impact profitability. Traditional B2B payment methods create 30-90 day delays that can strain operations when you're sourcing components internationally and managing complex supply chains. For distributors looking to streamline their financial operations while offering flexible payment terms, Resolve's B2B Net Terms platform provides a comprehensive solution that addresses these specific industry challenges.

Key Takeaways

  • Industrial fastener and hardware distributors need B2B payment platforms that handle high-value transactions ($5K-$50K average order values), support extended payment terms without straining cash flow, and integrate seamlessly with distribution-specific ERPs
  • Non-recourse financing solutions eliminate credit risk while providing instant approvals and rapid funding, addressing the distribution industry's extended payment cycle challenges
  • AI-powered payment platforms can deliver instant credit decisions and automated cash application with high match rates, reducing manual reconciliation for complex invoices
  • Platforms with Level 2/Level 3 processing capabilities can reduce card acceptance costs significantly in some cases (especially on eligible commercial cards), providing critical margin protection for distributors
  • Cost-effective solutions with transparent pricing are essential for small to mid-sized distributors prioritizing affordability without sacrificing capability
  • Comprehensive AR automation with seamless ERP integration enables distributors to manage the entire credit-to-cash lifecycle efficiently

1. Resolve Pay - AI-Powered Non-Recourse B2B BNPL

Resolve Pay offers industrial fastener and hardware distributors a unique advantage: 100% non-recourse financing that eliminates credit risk while providing instant approvals and 24-hour funding. Unlike traditional factoring or payment processors, Resolve takes on the credit assessment, credit decision, and majority risk of late payments or defaults, allowing distributors to offer net terms without jeopardizing their cash flow.

Best For

Industrial fastener and hardware distributors need to offer net terms without credit risk, with instant approvals supporting high-value B2B transactions.

Key Features

  • 100% non-recourse financing eliminates merchant credit risk completely
  • AI-powered instant credit decisions with up to 100% invoice advance
  • Enterprise ERP integration supporting NetSuite, QuickBooks, and Sage
  • Automated AR workflow with payment reminders and collections management
  • 24-hour funding cycles that address extended payment term challenges
  • Seamless integration with Accounts Receivable with AI-Powered Automation

Industrial Distribution Relevance

Resolve's platform is particularly valuable for industrial distributors who need to extend credit to contractors, OEMs, and other businesses while maintaining healthy cash flow. The platform's ability to advance up to 100% of invoice value within 24 hours directly addresses the industry's extended payment cycle challenges. With a significant portion of industrial B2B sales made on credit according to Federal Reserve payment studies, having a solution that manages the entire credit-to-cash lifecycle is essential.

The non-recourse nature of Resolve's financing means distributors can confidently offer competitive payment terms to grow their customer base without worrying about default risk. This is particularly valuable in the industrial sector where building long-term relationships with contractors and OEMs often requires flexible credit terms.

Customer Validation

Resolve's AI-powered underwriting provides instant credit approvals compared to the multi-day processes typical of traditional methods, enabling distributors to respond quickly to customer orders. The platform's automated collections management reduces the administrative burden on AR teams while maintaining professional customer relationships. Case studies show distributors achieving significant growth, with one partner seeing a 75% increase in B2B revenue through strategic use of Resolve's platform.

2. Billtrust

Billtrust brings over 20 years of experience serving the distribution industry, with a proven track record specifically in industrial sectors. Their platform combines end-to-end order-to-cash automation with AI-powered payment processing that significantly reduces manual reconciliation for complex distributor invoices.

Established industrial fastener and hardware distributors with complex AR needs and high transaction volumes.

Key Features

  • End-to-end order-to-cash automation built for distribution
  • AI-powered payment processing and cash application
  • Native ERP integrations with major distribution systems
  • Over 20 years of specialized experience in the distribution industry

Billtrust's two decades of distribution experience means their platform is purpose-built for the unique challenges of industrial fastener and hardware distribution. Their comprehensive AR automation from invoicing through collections addresses the full lifecycle of distributor payments, reducing Days Sales Outstanding (DSO) and accelerating cash flow for businesses managing high-volume B2B transactions.

3. TreviPay

TreviPay has extensive experience in B2B payments, with a 40-plus year legacy serving manufacturing and distribution sectors. Their platform offers white-label customization for branded payment experiences, making them particularly valuable for industrial distributors managing complex B2B relationships.

Industrial distributors with manufacturing customers requiring white-label payment experiences and streamlined payment timelines.

Key Features

  • Extensive experience specializing in B2B manufacturing and distribution
  • White-label customization for branded payment experiences
  • End-to-end order-to-cash automation
  • Focus on improving DSO (Days Sales Outstanding)

TreviPay's manufacturing-specific approach with proven effectiveness for industrial equipment suppliers is directly applicable to fastener distributors. Their platform is designed to deliver significant improvements in DSO and order volumes for clients operating in complex industrial environments.

4. Stripe

Stripe offers a flexible API-first approach for custom integrations, supporting 135+ currencies and dozens of payment methods (including 40+ local payment methods in many markets). This makes them suitable for industrial fastener distributors with custom eCommerce platforms or those selling internationally across complex supply chains.

Industrial distributors with in-house development teams needing robust global payment processing with extensive customization.

Key Features

  • Flexible API-first approach for custom integrations
  • Global reach with 135+ currencies
  • Powers major platforms demonstrating enterprise reliability
  • Recurring billing and subscription management

Industrial fastener distributors often require custom integrations with specialized inventory systems and equipment configuration tools. Stripe's extensive APIs enable these customizations while their global reach supports international component sourcing and sales operations. The platform powers millions of businesses globally, including major platforms, demonstrating enterprise reliability for international trade operations.

5. Bill.com

BILL moved and safeguarded nearly $300 billion in payment volume in FY24 and served roughly 470,000+ businesses (growing to about 493,800 businesses by mid-2025), creating a massive vendor network that provides instant value through connectivity to millions of vendors. Their fast implementation timeline provides quick time-to-value for distributors managing hundreds of supplier relationships.

Industrial distributors managing extensive supplier networks who need comprehensive AP/AR automation with rapid implementation.

Key Features

  • Automated AP/AR workflows with invoice processing
  • Extensive vendor network connecting to millions of vendors
  • Two-way sync with QuickBooks, NetSuite, Xero
  • Fast implementation timeline provides quick time-to-value

Industrial fastener and hardware distributors typically manage hundreds of supplier relationships and customer invoices simultaneously. Bill.com's massive vendor network means instant connectivity to existing suppliers, while their comprehensive AP/AR automation reduces the administrative burden of managing these complex relationships.

6. Versapay

Versapay processes significant transaction volumes with proven success in supply chain businesses, offering AI-powered cash applications with high straight-through processing rates. Their platform includes features designed to optimize B2B payment processing for industrial operations.

Industrial distributors seeking comprehensive AR automation with proven supply chain experience.

Key Features

  • AI-powered cash application with high straight-through processing
  • L2/L3 B2B processing for optimized interchange costs
  • Collaborative customer portals for dispute resolution
  • Designed for smooth onboarding in complex use cases

Versapay's interchange optimization can save up to 40% on card fees, providing critical margin protection for distributors. Their proven success with industrial supply chain businesses demonstrates real-world effectiveness, with case studies showing significant time savings and reductions in outstanding receivables for distribution operations.

7. Melio

Melio offers cost-effective payment processing for small to mid-sized industrial distributors, with free ACH payments and strong QuickBooks integration. The platform has processed over $100 billion and served thousands of businesses, demonstrating reliability while helping companies save an average of 15+ hours monthly on bill pay.

Small to mid-sized industrial fastener and hardware distributors prioritizing affordability with strong accounting integration.

Key Features

  • Free ACH payments reduce costs dramatically
  • Native QuickBooks Online, Desktop, and Xero integration
  • No-account-required for payment recipients
  • Saves an average of 15+ hours monthly on bill pay

Small to mid-sized industrial distributors often lack dedicated finance teams but still need robust payment capabilities. Melio's free ACH payments and strong QuickBooks integration make it accessible without sacrificing capability, while their no-account-required approach simplifies payment collection from diverse customer segments.

8. Paystand

Paystand offers a unique zero-fee payment model through their proprietary network, supporting over 1 million payers. Their blockchain-based infrastructure provides enhanced security, while customer reports indicate significant reductions in DSO, helping distributors maintain healthy cash flow even when extending credit terms.

High-volume industrial distributors with thin margins who need zero-fee payment processing to protect profitability.

Key Features

  • Zero transaction fees on digital payments through proprietary network
  • Blockchain-based infrastructure for enhanced security
  • Designed to significantly reduce DSO
  • Strong ERP integration (NetSuite, Sage Intacct, Dynamics)

The zero-fee model is particularly valuable for high-volume industrial fastener distributors operating with margins that require careful cost management. Paystand's ability to help reduce DSO directly addresses cash flow challenges, while their strong ERP integrations ensure seamless financial operations. With over 1 million payers on their network, the platform demonstrates substantial reach for distributors managing high transaction volumes.

Choosing the Right B2B Payment Platform for Your Industrial Distribution Business

Selecting the right B2B payment platform for industrial fastener and hardware distribution requires careful evaluation of your specific operational needs, transaction volumes, and growth trajectory. The industry's unique challenges—including high-value transactions, extended payment terms, thin profit margins, and complex supply chains—demand payment solutions purpose-built for these requirements.

For industrial distributors seeking to eliminate credit risk while maintaining healthy cash flow, Resolve Pay's non-recourse financing model offers a compelling solution. The platform's ability to advance up to 100% of invoice value within 24 hours while assuming the credit risk enables distributors to offer competitive net terms without jeopardizing their financial position. This becomes particularly valuable when working with contractors, OEMs, and other businesses who expect flexible payment options.

The instant credit approval capabilities powered by AI underwriting accelerate the order-to-cash cycle, enabling industrial distributors to respond quickly to customer orders without the multi-day delays typical of traditional credit evaluation processes. Combined with seamless ERP integration supporting NetSuite, QuickBooks, and Sage, Resolve Pay provides distributors with a comprehensive platform that addresses both immediate cash flow needs and long-term customer relationship management.

As industrial distribution continues to evolve with increasing digital transformation and global supply chain complexity, having a B2B payment platform that scales with your business while maintaining operational efficiency becomes increasingly critical. Whether you're a small specialist distributor or a large enterprise managing complex supply chains, the right payment platform serves as strategic infrastructure that supports sustainable growth and competitive advantage.

Frequently Asked Questions

How can B2B payment platforms address the long payment cycles common in industrial distribution?

Platforms like Resolve Pay address the industrial distribution industry's extended payment terms by advancing up to 100% of invoice value within 24 hours while customers maintain their standard payment terms. This non-recourse financing model eliminates the cash flow strain without requiring customers to change their payment behavior. The distributor receives immediate funding while the payment platform manages credit risk and collections.

What role does AI play in modern B2B payment solutions for industrial distributors?

AI powers instant credit decisions, automated cash application with high match rates, and intelligent payment routing for higher approval rates. For industrial distributors, AI reduces manual processing of complex invoices and accelerates credit decisions from days to seconds. This automation enables faster order fulfillment and improved customer experience while reducing administrative overhead on AR teams.

How can implementing a B2B payment platform improve cash flow for industrial distributors?

B2B payment platforms improve cash flow through invoice financing, automated AR workflows that reduce DSO (Days Sales Outstanding), and interchange optimization that reduces processing fees. Platforms offering non-recourse financing provide immediate access to capital while eliminating credit risk. Additionally, automated collections management and payment reminders reduce the time and resources required to manage accounts receivable.

What ERP integrations should industrial distributors prioritize when selecting a payment platform?

Industrial distributors should prioritize platforms offering native integrations with distribution-specific ERPs like NetSuite, QuickBooks, Sage, and Epicor. These integrations enable automated invoice synchronization, real-time payment updates, and seamless financial reconciliation. When evaluating platforms, verify that they support your specific ERP system and understand the depth of integration available—some platforms offer basic data export while others provide comprehensive two-way synchronization with automated workflows through Integrations with Financial Tech Stack.

How do interchange optimization features benefit industrial fasteners and hardware distributors?

Interchange optimization through Level 2/Level 3 data capture can reduce card processing fees by up to 40%, providing critical margin protection for distributors. Platforms specializing in this optimization automatically capture enhanced transaction data that qualifies for lower interchange rates on B2B transactions, directly impacting bottom-line profitability for high-volume operations.

This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.