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.
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.
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:
Pricing Transparency:
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.
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:
Unlike NOWaccount's invoice-dependent funding, these accounts offer stable returns on idle cash while maintaining complete liquidity for operational needs.
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:
These accounts serve businesses needing both transaction capabilities and interest earnings, providing more flexibility than NOWaccount's invoice-only financing model.
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:
However, early withdrawal penalties can eliminate all earned interest in many cases, making CDs unsuitable for working capital needs that NOWaccount addresses.
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:
While membership requirements may limit access, eligible businesses often find superior terms compared to NOWaccount's transaction-based fees.
Many neobanks introduce features like two-day early direct deposit and automated cash management that traditional factoring companies don't offer:
Innovation Highlights:
These platforms address cash flow management holistically rather than just advancing invoice payments like NOWaccount.
Traditional business credit lines can cost less than invoice-dependent financing:
For businesses with established credit, these facilities often cost less than NOWaccount's per-invoice fees while providing greater flexibility for various business needs.
The future of B2B payments lies in embedded finance solutions that integrate directly into existing workflows:
Platform Integration Benefits:
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.
When evaluating NOWaccount alternatives, consider your specific business requirements:
By Business Priority:
Cost Comparison for $100,000 Monthly Invoicing (as of January 2025):
Implementation Timeline:
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.
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%.
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.
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.
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.
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.