Best B2B Payment Platforms for Plastics & Rubber Manufacturing

The plastics and rubber manufacturing industry faces distinctive payment challenges that demand specialized financial solutions. With nearly 64% of B2B companies struggling with late payments, and with typical transactions ranging from $50,000 to $500,000+, manufacturers require platforms that support extended payment terms (Net 30–90 days are common, with Net 60–90 often used for larger buyers) while maintaining healthy cash flow. Plastics and rubber manufacturers must navigate complex international supply chains for raw materials, manage high inventory costs, and offer competitive credit terms to distributors and OEM customers—all while protecting their working capital. For manufacturers 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

• Plastics and rubber manufacturers need B2B payment platforms that handle high-value transactions, extended payment terms (Net 60-90 days), and complex international supply chains
• Non-recourse financing solutions eliminate credit risk while providing instant approvals and rapid funding, addressing the industry's extended payment cycle challenges
• AI-powered payment platforms can deliver instant credit decisions and automated cash application, reducing manual reconciliation for complex invoices
• Industry-specific platforms offer specialized features like manufacturing ERP integrations, raw materials supply chain financing, and security/compliance controls
• Global plastics manufacturers benefit from payment platforms that optimize FX rates and support multi-currency transactions across international operations
• Comprehensive AR automation with seamless ERP integration enables plastics and rubber companies to manage the entire credit-to-cash lifecycle efficiently

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

Resolve Pay offers plastics and rubber manufacturers 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 manufacturers to offer net terms without jeopardizing their cash flow.

Best For

Plastics and rubber manufacturers 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 Oracle
• 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

Manufacturing Relevance

Resolve's platform is particularly valuable for plastics and rubber manufacturers who need to extend credit to automotive OEMs, construction companies, and industrial distributors 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 manufacturing B2B sales made on credit, having a solution that manages the entire credit-to-cash lifecycle is essential.

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

Customer Validation

Resolve has helped manufacturers achieve a 90% reduction in AR workload and 75% revenue growth in a single month. The platform's automated collections management reduces the administrative burden on AR teams while maintaining professional customer relationships.

Resolve's AI-powered underwriting provides instant credit approvals compared to the multi-day processes typical of traditional methods, enabling manufacturers to respond quickly to customer orders. The white-label payment portal maintains brand consistency while accepting multiple payment methods.

2. TreviPay

TreviPay leverages 40+ years of B2B credit expertise with a global trade credit network spanning 32 countries. Their platform offers guaranteed settlement that helps make DSO more predictable and can accelerate cash flow, making them suitable for plastics and rubber manufacturers with international operations.

Large plastics and rubber manufacturers with global operations requiring multi-currency capabilities and established trade credit relationships.

Key Features

• 45+ years of B2B credit expertise with deep trade relationships
• Global reach across 32 countries and 10+ currencies
• Universal Acceptance via Mastercard network
• Guaranteed settlement reducing DSO by an average of 20%
• Comprehensive platform combining payments, invoicing, and AR automation

TreviPay's extensive global network is particularly valuable for plastics manufacturers sourcing raw materials internationally or selling finished products to global distributors. Their established relationships with major manufacturers provide credibility and trust for high-value transactions. The platform's Universal Acceptance feature enables net terms through existing payment infrastructure, reducing implementation complexity.

3. Billtrust

Billtrust has 20+ years of experience serving distributors and manufacturers. Their platform combines digital lockbox technology with AI-powered cash application that helps increase electronic payment adoption and reduce manual reconciliation, significantly reducing manual reconciliation for complex manufacturing invoices.

Plastics and rubber manufacturers with high transaction volumes and complex AR needs requiring comprehensive automation.

Key Features

• Digital Lockbox for automated virtual card processing
• Around 40% more electronic payments on average
• Estimated 30% lower payment processing costs
• Business Payments Network connecting to buyer AP systems
• AI-powered predictive analytics for cash flow forecasting

Billtrust's extensive experience serving distributors and manufacturers makes them well-suited for the plastics and rubber industry's complex payment workflows. Their Business Payments Network connects directly to buyer AP systems, ensuring faster payments and reduced disputes—critical for manufacturers managing large, custom orders with specific delivery requirements.

4. Versapay

Versapay serves 10,000+ customers with a collaborative AR platform that reduces dispute resolution time through customer portals. Their PayFac model ensures faster onboarding, while interchange optimization reduces card fees by up to 40%—providing significant cost savings for high-value manufacturing transactions.

Plastics and rubber manufacturers seeking comprehensive AR automation with collaborative dispute resolution capabilities.

Key Features

• Collaborative customer portal for dispute resolution
• Estimated 50% less time managing receivables
• Interchange optimization reducing card fees up to 40%
• ERP-native integrations without IT burden
• PayFac status enabling smooth merchant onboarding
• 5 million+ companies in network

Versapay's collaborative portal is particularly valuable for plastics and rubber manufacturers who frequently encounter invoice disputes related to custom orders, material specifications, or delivery timelines. The platform enables customers to communicate payment challenges directly through the portal, reducing manual outreach and accelerating resolution.

5. Airwallex

Airwallex platform supports multi-currency wallets and achieves 95% of transfers within one business day, making them suitable for plastics manufacturers with international supply chains or global customer bases.

Plastics and rubber manufacturers with significant international transactions requiring FX optimization and multi-currency capabilities.

Key Features

• Superior FX rates for international transactions
• Multi-currency wallets for holding multiple currencies
• 95% of transfers arrive within one business day
• 0% foreign transaction fees on corporate cards
• Local bank details in multiple countries
• Like-for-like currency settlement without conversion fees

Plastics manufacturers frequently engage in cross-border transactions for raw materials (petrochemicals, additives) and finished product sales. Airwallex's superior FX rates protect margins on international deals while their fast settlement ensures timely payments to suppliers—critical for maintaining production schedules and inventory levels.

6. Bill.com (BILL)

Bill.com offers an all-in-one AP and AR automation platform serving 494,000+ businesses, their platform is accessible for small-to-midsize plastics and rubber manufacturers transitioning from manual processes, with native integrations for QuickBooks, NetSuite, and Xero.

Best For

Small-to-midsize plastics and rubber manufacturers managing both payables and receivables with limited IT resources.

Key Features

• All-in-one AP and AR automation in single platform
• Two-way sync with QuickBooks, NetSuite, and Xero
• 494,000+ businesses trust the platform
• Simple setup with minimal technical requirements

Small-to-midsize plastics and rubber manufacturers often manage both supplier payments (raw materials, equipment) and customer receivables with limited staff. Bill.com's unified platform reduces the complexity of managing separate AP and AR systems while their massive vendor network enables instant electronic payments to suppliers—improving cash flow management across the entire operation.

7. Stripe

Stripe offers extensive developer tools and API documentation among payment platforms, supporting 135+ currencies for global manufacturing supply chains. Their 99.999% uptime SLA and enterprise-grade reliability make them suitable for technically sophisticated plastics and rubber manufacturers with custom integration needs.

Technically sophisticated plastics and rubber manufacturers with custom integration needs, international operations, or complex e-commerce requirements.

Key Features

• Extensive developer tools and API documentation
• Global payment acceptance in 135+ currencies
• 99.999% uptime SLA for enterprise reliability
• Powers major platforms like Shopify, Uber, and Amazon
• API-first approach enabling custom equipment configurators
• Comprehensive financial services beyond payments

Plastics and rubber manufacturers with custom e-commerce platforms, complex product configurators, or specialized manufacturing workflows benefit from Stripe's API-first approach. Their global infrastructure supports international sales while their enterprise-grade reliability ensures uninterrupted payment processing for high-value transactions.

8. Paystand

Paystand eliminates transaction fees entirely through their blockchain-based Paystand Bank Network, offering 0% transaction fees via subscription pricing. Their platform serves 1+ million businesses and provides real-time account-to-account payments, making them suitable for manufacturers seeking to eliminate processing costs on high-volume, high-value transactions.

Plastics and rubber manufacturers seek to eliminate transaction fees entirely on high-volume, high-value transactions.

Key Features

• 0% transaction fees via Paystand Bank Network
• Blockchain infrastructure for fee elimination
• Real-time account-to-account payments
• 1+ million businesses in network
• Native ERP integrations (NetSuite, Sage Intacct, Dynamics, Acumatica)
• Manufacturing-specific payment solutions

Plastics and rubber manufacturers processing high transaction volumes can achieve substantial cost savings by eliminating typical 2-4% transaction fees entirely. Paystand's manufacturing-specific solutions address industry requirements while their native ERP integrations ensure seamless financial operations without custom development.

Choosing the Right B2B Payment Platform for Your Plastics & Rubber Manufacturing Business

Selecting the right B2B payment platform for plastics and rubber manufacturing 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 (Net 60-90 days standard), complex international supply chains, and the need to offer competitive credit terms while maintaining working capital—demand payment solutions purpose-built for these requirements.

For plastics and rubber manufacturers 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 manufacturers to offer competitive net terms without jeopardizing their financial position. This becomes particularly valuable when working with automotive OEMs, construction companies, and industrial distributors who expect flexible payment options.

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

According to research on B2B buyer expectations, 85% of B2B buyers want net terms options, making flexible payment solutions not just a competitive advantage but a necessity for growth in the plastics and rubber manufacturing sector. As the industry continues its growth trajectory, having a B2B payment platform that scales with your business while maintaining security, compliance, and operational efficiency becomes increasingly critical. Whether you're a large enterprise manufacturer processing high transaction volumes or a growing company looking to expand your customer base through flexible payment terms, the right payment platform serves as strategic infrastructure that supports sustainable growth.

Frequently Asked Questions

How can B2B payment platforms help plastics and rubber manufacturers manage large, variable orders?

Platforms like Resolve Pay help manufacturers manage large, variable orders by providing instant credit decisions and immediate funding—often within 24 hours—while assuming the credit risk. This enables manufacturers to fulfill large custom orders without worrying about cash flow constraints or customer default risk. The non-recourse financing model ensures that manufacturers receive payment regardless of the customer's ultimate payment behavior.

What are the benefits of offering net terms to my B2B customers in the manufacturing sector?

Offering net terms to B2B customers in manufacturing increases buying power and can lead to larger order values and repeat purchases. Research shows that 85% of B2B buyers want net terms options, making it a competitive necessity. Platforms like Resolve Pay enable manufacturers to offer Net 30-90 day terms while receiving immediate payment, eliminating the traditional cash flow strain associated with extended payment terms.

How does AI automation improve accounts receivable for industrial businesses?

AI automation improves accounts receivable for industrial businesses by reducing DSO by up to 50%, automating payment reminders, and enabling self-service customer portals for dispute resolution. Resolve's AI-powered platform automates the entire net terms workflow from invoice to payment, reducing manual overhead and errors while accelerating cash flow through intelligent payment processing and collections management.

How does integrating a payment platform like Resolve with my existing ERP system work?

Resolve integrates seamlessly with existing ERP systems like QuickBooks, NetSuite, Oracle, and Sage Intacct through native integrations and flexible APIs. The platform automatically syncs transaction data in real-time, eliminating manual data entry and ensuring accurate financial reporting. The integration process typically takes 1-2 weeks and includes automated invoice synchronization, payment updates, and reconciliation workflows.

Can Resolve accommodate custom payment terms for specific manufacturing clients?

Yes, Resolve can accommodate custom payment terms for specific manufacturing clients. The platform supports Net 30, 45, 60, and 90-day terms, with the ability to offer extended net terms or installment options tailored to each customer based on their credit profile. Resolve's proprietary AI models evaluate thousands of buyer data points to generate dynamic, scalable credit decisions that support flexible payment arrangements while protecting the manufacturer's cash flow.

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.