7 Best NOWaccount Alternatives for B2B Invoice Financing

While NOWaccount processes invoices with their "Sell Now, Collect Now" approach, modern B2B companies are discovering superior alternatives that combine AI-powered underwriting, non-recourse financing, and seamless integrations. From Resolve's risk-free net terms to specialized industry solutions, these seven platforms deliver the invoice financing capabilities businesses need without the limitations of traditional factoring models.

Key Takeaways

Non-recourse financing eliminates merchant risk: Resolve provides non-recourse advances on credit risk (exclusions may apply for fraud/disputes) up to 90% of invoice value within 24 hours, with transparent fees starting at 2.61% for 30-day terms (as of January 2025)
AI automation transforms approval speed: According to Resolve, modern platforms deliver instant credit decisions, with their AI analyzing thousands of data points in real-time
Integration happens instantly: Resolve connects with QuickBooks, NetSuite, and major ecommerce platforms in hours
No hidden fees or monthly minimums: Unlike traditional factoring with complex fee structures, Resolve offers transparent flat-rate pricing with no setup costs or volume requirements
White-label solutions preserve relationships: Maintain complete control over customer interactions with branded payment portals
Flexible payment terms drive growth: Offer Net 30, 60, or 90-day terms while getting paid immediately

The B2B payments landscape has evolved significantly, with businesses seeking more than basic invoice advances. Modern alternatives to NOWaccount combine instant credit decisions with comprehensive AR automation, creating solutions that both accelerate cash flow and reduce operational overhead.

1. Resolve Pay — Risk-Free Net Terms with AI-Powered Automation

Resolve Pay stands as the premier NOWaccount alternative by completely eliminating merchant risk through non-recourse financing while automating the entire accounts receivable workflow. According to the company, Resolve was developed by former executives from Amazon, PayPal, and Affirm, bringing enterprise-grade credit expertise to businesses of all sizes.

Core Advantages:

100% non-recourse financing on credit risk—zero risk on defaults (exclusions may apply for fraud/disputes)
Advance rates up to 90% paid within 24 hours
AI-powered credit decisions in real-time according to Resolve
Net 30, 60, or 90-day payment terms
Transparent fees from 2.61% to 3.5% for 30-day terms (as of January 2025)
QuickBooks auto-bookkeeping integration • White-label payment portal maintaining your brand

Pricing Transparency:

Net 30 terms: 2.61% to 3.5% flat fee (as of January 2025)
No monthly minimums or setup costs
Custom pricing for enterprise volumes
Credit card processing fees passed to buyers where permitted by law and card network rules
All cash advances are non-recourse on credit risk

The platform's AI-driven AR automation, according to Resolve, uses LLMs to manage workflows, automate payment reminders, and reduce collection friction. Resolve's proprietary credit models evaluate thousands of buyer data points to generate dynamic, scalable credit decisions.

Resolve reports that businesses using their platform experience 30-60% faster payment cycles, 50% reduction in time managing receivables, and 9x faster credit approvals compared to traditional methods. Resolve maintains your customer relationships through white-label solutions while handling all backend credit and payment processes.

As of January 2025, Resolve serves over 12,000 businesses and integrates seamlessly with BigCommerce, Shopify, Magento, and WooCommerce for instant checkout financing. The platform's experts—formerly of Fortune 500 firms—deliver deeper credit insights than traditional factoring companies.

2. Alternative Financing Solutions for Different Business Needs

High-Yield Business Savings Accounts

For businesses seeking to optimize cash reserves while maintaining liquidity, high-yield savings accounts offer APYs up to 4.46% (as of January 2025) compared to traditional business accounts earning 0.01%. These FDIC-insured accounts provide:

Immediate access to funds without penalties
No minimum balance requirements at many institutions
Online banks typically offer higher rates due to lower overhead
FDIC insurance coverage up to $250,000 per depositor, per insured bank, per ownership category

Unlike NOWaccount's invoice-dependent funding, these accounts offer stable returns on idle cash while maintaining complete liquidity for operational needs.

Money Market Accounts for Business

Money market accounts combine checking features with enhanced yields, offering tiered interest rates from 0.10% to 1.25% (as of January 2025) based on balance levels. Key benefits include:

Check-writing privileges and debit card access
Higher rates than traditional checking accounts
Minimum deposits vary by institution, with some offering no minimum
FDIC insurance protection

These accounts serve businesses needing both transaction capabilities and interest earnings, providing more flexibility than NOWaccount's invoice-only financing model.

3. Certificates of Deposit for Predictable Returns

For businesses with predictable cash flow cycles, CDs offer guaranteed returns superior to NOWaccount's variable costs. CD rates range from 4.60% to 5.55% (as of January 2025) with terms from three months to five years.

Strategic Advantages:

Fixed rates provide certainty for financial planning
Higher yields than savings accounts for committed funds
FDIC insurance protection on all deposits
Laddering strategies maintain liquidity while maximizing returns

However, early withdrawal penalties can eliminate all earned interest in many cases, making CDs unsuitable for working capital needs that NOWaccount addresses.

4. Credit Union Business Solutions

Credit unions often offer higher interest rates on deposits and lower rates on loans on average compared to traditional banks, providing compelling alternatives to invoice factoring:

Member-owned structure prioritizes customer benefits
Lower fees and better rates than commercial banks
Personalized service with local decision-making
Business credit lines without invoice requirements

While membership requirements may limit access, eligible businesses often find superior terms compared to NOWaccount's transaction-based fees.

5. Modern Digital Banking Platforms

Many neobanks introduce features like two-day early direct deposit and automated cash management that traditional factoring companies don't offer:

Innovation Highlights:

Automated savings programs with goal tracking
Enhanced budgeting tools integrated with accounts
Real-time payment processing and notifications
Cash management accounts through sweep programs across multiple partner banks providing expanded FDIC coverage

These platforms address cash flow management holistically rather than just advancing invoice payments like NOWaccount.

6. Business Lines of Credit

Traditional business credit lines can cost less than invoice-dependent financing:

Draw funds as needed without invoice requirements
Pay interest only on amounts used (typically 7-25% APR as of January 2025)
Revolving credit rebuilds as you repay
No transaction fees per invoice

For businesses with established credit, these facilities often cost less than NOWaccount's per-invoice fees while providing greater flexibility for various business needs.

7. Embedded B2B Payment Solutions

The future of B2B payments lies in embedded finance solutions that integrate directly into existing workflows:

Platform Integration Benefits:

Seamless checkout with net terms options
According to Resolve, instant approvals up to $25,000 at point of sale
API connectivity with any custom platform
Automated reconciliation and bookkeeping

Unlike NOWaccount's standalone invoice processing, embedded solutions like Resolve's B2B payments platform streamline the entire order-to-cash cycle. The platform supports automatic syncing with QuickBooks, eliminating manual data entry.

Making the Strategic Choice for Your Business

When evaluating NOWaccount alternatives, consider your specific business requirements:

By Business Priority:

Risk elimination: Resolve's non-recourse financing (zero merchant liability on credit risk)
Cash optimization: High-yield savings and money market accounts
Predictable returns: Certificates of deposit for excess cash
Relationship banking: Credit unions for personalized service
Technology innovation: Digital platforms with advanced features
Flexibility needs: Business lines of credit
Workflow integration: Embedded payment solutions

Cost Comparison for $100,000 Monthly Invoicing (as of January 2025):

Resolve: $2,610-$3,500/month (2.61%-3.5% flat fee)
High-yield savings on reserves: +$370/month (4.46% APY)
Money market accounts: +$75/month (0.90% APY)
Business credit line: Variable based on usage
Traditional factoring: 3-5% per invoice plus fees

Implementation Timeline:

Same day: Resolve with existing integrations (typically)
Immediate: High-yield savings and money market accounts (typically)
1-3 days: Digital banking platforms (typically)
1-2 weeks: Credit union membership and setup (typically)
2-4 weeks: Business lines of credit approval (typically)

For businesses seeking comprehensive AR management beyond simple invoice advances, Resolve's platform combines the best aspects of all alternatives: non-recourse financing, automated workflows, instant credit decisions, and seamless integrations—all without the risk and complexity of traditional factoring.

Frequently Asked Questions

What makes Resolve Pay superior to NOWaccount for invoice financing?

Resolve Pay offers several key advantages: 100% non-recourse financing on credit risk eliminating merchant risk (exclusions may apply for fraud/disputes), transparent flat-rate pricing from 2.61% (as of January 2025) with no hidden fees, and AI-powered credit decisions that approve customers in real-time according to Resolve. Additionally, Resolve's white-label payment portal maintains your brand throughout the customer experience, while the platform's QuickBooks integration automatically syncs all transactions. Resolve reports that businesses using their platform can reduce DSO by up to 60%.

How quickly can I implement a NOWaccount alternative?

Implementation speed varies by solution type. Resolve Pay integrates within hours for businesses using supported platforms like Shopify, BigCommerce, or QuickBooks. Digital banking alternatives like high-yield savings accounts can be opened immediately online. Traditional business credit lines typically require 2-4 weeks for approval and setup. The fastest path to replacing NOWaccount is through platforms with pre-built integrations and self-serve onboarding like Resolve's instant checkout extensions.

Do NOWaccount alternatives require personal guarantees?

Some modern alternatives eliminate personal guarantee requirements. Resolve Pay's non-recourse financing means zero merchant liability on credit risk—you keep 100% of advances regardless of customer payment (exclusions may apply for fraud/disputes). High-yield savings and money market accounts are FDIC-insured deposits requiring no guarantees. Some business credit lines may require guarantees depending on business credit history. The shift away from personal guarantees reflects the industry's move toward data-driven underwriting that evaluates business performance rather than personal credit.

What are typical fees for invoice financing alternatives compared to NOWaccount?

Fee structures vary significantly across alternatives. Resolve charges transparent flat fees from 2.61% to 3.5% for 30-day net terms (as of January 2025) with no monthly minimums or hidden costs. Traditional factoring typically charges 3-5% per invoice plus additional fees. High-yield savings actually pay you up to 4.46% APY (as of January 2025) rather than charging fees. Business credit lines charge interest only on amounts used, often 7-25% APR (as of January 2025) depending on creditworthiness. When comparing total costs, factor in setup fees, monthly minimums, and transaction charges that traditional factoring companies often hide.

Can I maintain customer relationships when switching from NOWaccount?

Absolutely. Modern platforms like Resolve prioritize relationship preservation through white-label solutions that keep your brand front and center. Your customers interact with your branded payment portal while Resolve handles backend credit and collections invisibly. The platform's automated AR workflows send payment reminders from your domain, maintaining consistent communication. You retain complete control over customer interactions while benefiting from professional credit management.

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.