BHG Money Alternatives: Modern Solutions for Business Growth

While BHG Money serves high-income professionals with personal loans up to $250,000, B2B businesses need fundamentally different financing solutions that enhance customer relationships while accelerating cash flow. Modern alternatives like Resolve's B2B Net Terms platform offer non-recourse invoice advancement, AI-powered credit decisions, and embedded payment capabilities that transform how businesses manage working capital and grow sales.

Key Takeaways

• B2B vs. Personal financing: BHG Money focuses on personal loans for professionals (typical borrower income around $200K per year), while B2B solutions like Resolve address business-to-business credit needs with net terms and AR automation
• Non-recourse financing eliminates risk: Resolve provides 100% non-recourse financing—what you get is always yours to keep—with advance payments up to 90% on approved invoices
• Risk-free growth capital: Unlike BHG's 3-5% origination fees and 3-5 day funding, Resolve offers same-day payment with fees up to 3.5% on 30-day net terms while taking on all credit risk
• Embedded payments transform B2B commerce: Resolve's platform integrates credit, payments, and AR automation into a single solution, enabling businesses to offer net terms while getting paid immediately
• AI-powered underwriting accelerates decisions: Resolve delivers instant credit decisions using proprietary AI models that evaluate thousands of data points, compared to BHG's lengthy application process
• Focus on customer relationships: Resolve maintains your brand relationship with customers through white-label portals while handling collections and credit risk

BHG Financial has established itself as a leader in personal lending for high-income professionals, funding over $23 billion in loans to 216,000+ customers. However, B2B businesses face different challenges that require specialized solutions focused on accounts receivable management, customer credit extension, and cash flow optimization rather than personal debt consolidation.

1. Resolve — The Modern Alternative to Traditional Business Financing

Resolve emerges as the premier BHG Money alternative for B2B businesses by completely reimagining how companies extend credit to customers while protecting their cash flow. Founded by former Amazon and PayPal executives who spun off the B2B version of Affirm in 2019, Resolve combines embedded credit expertise, invoice financing, and payments into a single platform.

Key Features:

• 100% non-recourse financing with zero merchant risk—what you get is always yours to keep
• Advance payments up to 90% on approved invoices within 24 hours
• Net 30, 60, or 90-day terms for customers
• Real-time credit decisions (within seconds) powered by proprietary AI underwriting
• AI-powered AR automation that reduces manual work by automating workflows and collections
• Branded payment portal accepting ACH, credit card, wire, or check
• Seamless integrations with QuickBooks, Shopify, BigCommerce, Magento, and other platforms

Pricing Structure:

• Fees typically 2.61–3.5% on 30-day net terms with 90% advance
• Risk-based advance rates (90%, 75%, or 50%) based on buyer creditworthiness
• No monthly minimums, setup fees, or hidden charges
• Credit card fees passed to buyers through the online payment portal

Resolve's platform addresses the core B2B challenge: offering net terms to customers while maintaining healthy cash flow. Unlike BHG Money's personal loan model, Resolve enables businesses to extend credit directly to their B2B customers, increasing purchasing power and driving sales growth. The platform's AI-powered reconciliation reduces DSO (Days Sales Outstanding) while its LLM-powered invoicing workflow automatically syncs transactions across systems.

Recent case studies demonstrate significant impact: businesses have seen up to 5× sales growth in case studies using Resolve, and unlocked working capital while increasing profit margins. The platform serves thousands of businesses across the U.S. and provides free business credit checks requiring only a company name and address.

Unlike traditional factoring, Resolve maintains merchant control over customer relationships while eliminating the collections burden. The platform's credit experts—formerly of Amazon, PayPal, and Fortune 500 firms—deliver deeper credit insights than traditional bureaus, enabling more accurate risk assessment and higher approval rates.

2. LightStream — Lowest Rates for Excellent Credit

LightStream, a division of Truist Bank, offers the lowest starting APR in the personal lending space at 6.49% with no fees whatsoever. Founded in 2013 with BB&T heritage, LightStream serves borrowers with excellent credit (700+ FICO) seeking the most cost-effective financing.

Key Advantages:

• Lowest starting APR at 6.49%
• Zero fees (no origination, late, or prepayment penalties)
• Rate Beat Program guaranteeing to beat competitors by 0.10%
• Same-day funding if approved before 2:30 PM ET
• Up to 144-month terms for certain loan purposes

Limitations for B2B:

• Maximum loan amount of $100,000 (vs BHG's $250,000)
• No soft credit check—requires hard inquiry for rate quotes
• Focus on personal rather than business financing needs
• High credit requirements exclude many business owners

While LightStream offers excellent value for personal financing with excellent credit, it doesn't address the fundamental B2B need for customer credit extension and accounts receivable management that Resolve provides.

3. SoFi — Zero Fees with Member Benefits

SoFi has established itself as a major online lender serving tech-savvy borrowers with comprehensive member benefits. Founded in 2011, SoFi offers a full suite of financial services beyond just personal loans.

Platform Strengths:

• Zero fees across the board—no origination, late, or prepayment penalties
• Same-day funding available for urgent needs
• Extensive member benefits including career coaching and financial planning
• Direct creditor payment for debt consolidation
• Maximum loan amount of $100,000

B2B Limitations:

• Limited to personal loan products rather than B2B credit solutions
• Lower maximum loan amount compared to BHG Financial
• Focus on consumer rather than business-to-business financing
• No accounts receivable automation or customer credit management

SoFi excels as a personal loan alternative to BHG Money but doesn't provide the B2B-specific capabilities businesses need to extend credit to customers, manage accounts receivable, or accelerate cash flow through invoice advancement.

4. Upstart — AI-Driven Underwriting for Lower Credit Scores

Upstart represents the AI-driven approach to lending, using alternative data points to serve borrowers who might not qualify with traditional lenders. Founded in 2012, Upstart's AI models consider factors such as education and employment history beyond traditional credit scores.

Accessibility Advantages:

• Considers applicants with fair credit (minimum score 620) and those with limited credit history
• AI-driven underwriting considering alternative data
• Lowest minimum loan at $1,000 (vs BHG's $20,000)
• Fast approval and funding (typically 1 day)
• Maximum loan amount of $75,000

B2B Constraints:

• Primarily focused on personal rather than business financing
• Lower maximum loan amounts limit utility for larger business needs
• Shorter maximum terms (60 months) compared to BHG's 120 months
• Variable origination fees can be significant

Upstart's innovation in AI underwriting parallels Resolve's approach to B2B credit decisions, but Upstart serves the personal lending market while Resolve specifically addresses B2B commerce needs.

5. Fundbox — Quick Capital for Small Businesses

Fundbox occupies a distinct niche providing credit lines from $1,000 to $250,000 for small businesses that traditional lenders overlook. Since 2013, the platform has provided an estimated $6 billion in funding to approximately 500,000+ businesses.

Speed and Accessibility:

• Instant decisions with next-day funding
• Credit lines up to $250,000
• 12, 24, or 52-week repayment terms
• No personal guarantee required
• Serves businesses with lower credit scores

Cost Considerations:

• High effective APR often 35% or higher
• Fees typically start around 4.66% for 12-week plans
• $50 late payment fees plus NSF charges
• Expensive compared to other alternatives

While Fundbox provides critical funding when banks won't help, its high costs make it less attractive than Resolve's non-recourse, risk-free model for B2B businesses seeking to extend credit to customers while protecting cash flow.

Why B2B Businesses Need Different Solutions Than Personal Loans

The fundamental difference between BHG Money and Resolve lies in their target use cases. BHG Financial serves individual professionals seeking personal loans for debt consolidation, home improvements, or major purchases. In contrast, Resolve addresses the unique challenges B2B businesses face:

B2B Cash Flow Challenges:

• Customers expect net 30, 60, or 90-day payment terms
• Accounts receivable ties up working capital needed for operations
• Extending credit to customers increases sales but creates cash flow gaps
• Managing collections and credit risk requires specialized expertise

Resolve's B2B-Specific Solution:

• Enables businesses to offer net terms while getting paid immediately
• Transfers credit risk from seller to Resolve
• Automates the entire AR workflow from invoicing to collections
• Increases customer purchasing power and loyalty
• Integrates seamlessly with existing e-commerce and accounting systems

This distinction is crucial: while BHG Money helps individuals manage personal debt, Resolve helps businesses grow B2B sales, get paid faster, and reduce risk through streamlined net terms and AR automation.

Making the Right Choice for Your Business

For B2B companies evaluating financing alternatives, the choice depends on whether you need personal or business solutions:

Choose Personal Loan Alternatives (BHG Money, LightStream, SoFi, Upstart) when:

• You need personal financing for debt consolidation or major purchases
• You're a high-income professional seeking large loan amounts
• You prefer traditional lending relationships with established institutions
• Your financing needs are separate from your business operations

Choose Resolve when:

• You need to extend credit to B2B customers while protecting cash flow
• You want to offer net terms without taking on credit risk
• You need to accelerate cash flow by getting paid immediately on invoices
• You want to automate accounts receivable workflows and reduce DSO
• You're looking to increase B2B sales through enhanced customer purchasing power

Cost Comparison Reality:

• BHG Money: 3-5% origination fees plus 8.72%-27.87% APR, 3-5 day funding
• Resolve: Up to 3.5% fee on 30-day net terms with 90% advance, same-day payment
• LightStream: 6.49%-25.29% APR, zero fees, same-day funding
• SoFi: 8.74%-35.49% APR, zero fees, same-day funding

For B2B businesses, Resolve's non-recourse model provides superior value by eliminating default risk while providing immediate working capital and enhancing customer relationships.

Frequently Asked Questions

How does Resolve differ from traditional personal loans like those offered by BHG Money?

Resolve addresses fundamentally different needs than BHG Money's personal loans. While BHG provides personal financing to individuals (with an average customer earning $213K/year), Resolve offers B2B-specific solutions that enable businesses to extend credit to their customers through net terms while getting paid immediately. Resolve's non-recourse financing eliminates merchant risk, whereas personal loans create individual debt obligations. Additionally, Resolve provides AR automation and integrates with business systems like QuickBooks, addressing operational needs that personal loans cannot solve.

Can Resolve help my business get quick funding similar to emergency same-day loans?

Yes, Resolve provides faster funding than BHG Money's 3-5 day timeline. While BHG requires 3-5 days for funding, Resolve advances up to 90% on approved invoices within 24 hours. This immediate access to working capital helps businesses manage cash flow gaps without waiting for customer payments. Unlike emergency personal loans that create debt obligations, Resolve's invoice advancement provides non-recourse funding based on your existing B2B sales, making it a more sustainable solution for business growth.

What are the fees associated with Resolve's net terms and invoice advancement services?

Resolve's fees are transparent and competitive. The platform charges up to 3.5% on 30-day net terms with a 90% advance rate. Fees vary based on advance percentage (90%, 75%, or 50%) and risk assessment, with lower-risk customers qualifying for higher advance rates. Unlike BHG Money's 3-5% origination fees plus ongoing APR charges, Resolve's fee is a single, upfront cost with no additional interest or hidden charges. Additionally, credit card fees are passed to buyers through the online payment portal, protecting your margins.

How does Resolve's non-recourse financing protect my business?

Resolve's non-recourse financing provides complete protection against customer defaults. When Resolve advances payment on your invoices, they assume all credit risk—meaning if your customer fails to pay, you keep the advanced funds without any obligation to repay Resolve. This eliminates the financial risk traditionally associated with offering net terms to customers. In contrast, personal loans from BHG Money or other lenders create direct debt obligations for the borrower, regardless of business performance or customer payment behavior.

Is Resolve compatible with my existing accounting and e-commerce systems?

Yes, Resolve offers seamless integrations with leading platforms including QuickBooks, Oracle, Shopify, BigCommerce, Magento, WooCommerce, Xero, NetSuite, and Sage Intacct. The platform automatically syncs transaction data in real-time, eliminating manual data entry and ensuring accurate bookkeeping. Resolve's flexible APIs can also be integrated into custom e-commerce implementations, making it compatible with virtually any existing tech stack. This integration capability contrasts with personal loan providers like BHG Money, which don't offer business system integration since they serve individual rather than business financing needs.

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.