CFG Merchant Solutions Alternatives

While CFG Merchant Solutions has funded over $2 billion to small businesses, many B2B companies are discovering superior alternatives that offer transparent pricing, non-recourse financing, and AI-powered automation. From Resolve's risk-free net terms to purpose-built B2B payment platforms, these solutions deliver the working capital businesses need without the hidden costs and recourse debt of traditional merchant cash advances.

Key Takeaways

• Non-recourse financing eliminates risk: Resolve provides 100% non-recourse financing with zero merchant risk, unlike CFG's recourse debt model
• Transparent flat-fee pricing: Resolve's 2.61-3.5% flat fees represent significant savings compared to CFG's opaque factor rates that can translate to 40-350% APR equivalents
• AI-powered credit decisions: Modern platforms deliver instant to 48-hour credit decisions using proprietary AI models, far surpassing traditional manual underwriting
• Complete AR automation: Resolve offers a full suite of accounts receivable automation tools that significantly reduce manual work, while CFG provides only capital without workflow solutions
• B2B-specific design: Resolve was built from the ground up for invoice-based businesses, not adapted from consumer lending or general merchant services
• Enterprise integrations: Resolve offers native integrations with QuickBooks, NetSuite, Shopify, and other platforms, creating a seamless financial ecosystem

1. Resolve — The Non-Recourse Alternative Built for B2B

Resolve stands out as the premier CFG Merchant Solutions alternative by completely eliminating merchant risk through its 100% non-recourse financing model. Founded in 2019 and spun out from Affirm, Resolve brings consumer fintech innovation to B2B payments with backing from Initialized Capital, Commerce Ventures, and PayPal co-founder Max Levchin.

Key Features:

• 100% non-recourse financing with zero merchant risk
• AI-powered credit decisions in instant to 48 hours
• Net 30, 60, or 90-day payment terms
• Up to 100% advance payment within 24-48 hours
• Transparent flat fees ranging from 2.61-3.5% for 30-day terms
• Native integrations with QuickBooks, NetSuite, Shopify, BigCommerce, and more
• White-label payment portal for customers

Pricing Structure:

• Flat fees of 2.61-3.5% for 30-day net terms invoices
• No monthly minimums, setup fees, or hidden charges
• Fees based on risk assessment of buyer, not merchant credit
• Custom pricing available for enterprise volumes

The platform's AR automation tools significantly reduce manual work, while its LLM-powered invoicing workflow automatically syncs transactions across systems. Recent case studies demonstrate significant impact: businesses have achieved 5x revenue growth, tripled their revenue through Resolve, and unlocked working capital while increasing profit margins.

Unlike traditional merchant cash advances, Resolve maintains merchant control over customer relationships while eliminating collections burden. The platform currently serves over 15,000 businesses with $60M+ in venture funding.

For B2B businesses seeking to offer net terms without assuming credit risk, Resolve's Net Terms solution provides the perfect combination of risk-free financing, transparent pricing, and operational efficiency.

The B2B payments landscape has evolved dramatically, with businesses increasingly seeking sustainable alternatives to high-cost merchant cash advances. While CFG Merchant Solutions serves a market need for general working capital, specialized platforms like Resolve offer superior solutions for invoice-based B2B businesses that want to offer net terms without assuming credit risk.

Industry research shows that merchant cash advances often carry effective APRs between 40-350%, making transparent alternatives like Resolve's 2.61-3.5% flat fee model particularly attractive for businesses seeking sustainable financing. According to the U.S. Small Business Administration, understanding the true cost of financing is critical for long-term business sustainability, with transparent fee structures enabling better financial planning than opaque factor rate models.

2. Bluevine — Line of Credit for Established Businesses

Bluevine offers a business line of credit that may serve as an alternative for businesses with strong credit profiles. Founded in 2013 and based in Jersey City, New Jersey, Bluevine is a well-known online lender and serves as a major online lender in the alternative finance space.

Key Features:

• Revolving line of credit up to $250,000
• Estimated APR range of 14-95% based on credit profile
• Same-day funding possible for qualified applicants
• QuickBooks integration for basic accounting sync
• No prepayment penalties

Pricing Structure:

• 14-95% APR based on merchant credit score (minimum 625 required)
• Interest paid only on drawn amounts
• Monthly or weekly repayment options
• No origination fees

While Bluevine offers competitive rates for businesses with excellent credit, it lacks the non-recourse protection, AR automation, and B2B-specific features that Resolve provides. Bluevine's model is better suited for general working capital needs rather than invoice-specific financing, and it requires strong merchant credit rather than evaluating buyer creditworthiness.

For businesses with credit scores above 700 seeking a traditional line of credit, Bluevine may provide competitive rates. However, for B2B invoice-based businesses looking to offer net terms without assuming risk, Resolve's platform offers a more specialized and comprehensive solution.

3. OnDeck — Established Term Loan Provider

OnDeck represents one of the earliest online lenders, having delivered over $13 billion in capital since its founding in 2006. Now part of Enova International, OnDeck provides term loans to small businesses with an established track record.

Key Features:

• Term loans from $5,000 to $250,000
• Average APR of approximately 56% APR
• Same-day funding upon approval
• Daily or weekly repayment options
• A+ BBB rating

Pricing Structure:

• Approximately 24.6% stated interest (equivalent to around 42.5% APR)
• Daily or weekly automatic payments
• No prepayment penalties
• Minimum credit score of 600-625 required

OnDeck's established reputation provides comfort for businesses seeking a proven lender, but its high effective APR and recourse debt structure make it less attractive than non-recourse alternatives like Resolve. Additionally, OnDeck provides only capital without the AR automation, net terms management, or B2B-specific features that invoice-based businesses need.

For businesses requiring a traditional term loan for purposes unrelated to customer invoices, OnDeck may be appropriate. However, for B2B companies looking to offer net terms while protecting cash flow, Resolve's solution provides a more targeted and cost-effective approach.

4. Fora Financial — High-Factor Rate Financing

Fora Financial provides merchant cash advances and term loans to businesses that may not qualify for traditional financing. Founded in 2008 and based in New York, Fora Financial serves businesses with lower credit scores through its flexible underwriting approach.

Key Features:

• Merchant cash advances and term loans
• Factor rates typically ranging from 1.13-1.50 (equivalent to 132-150% annualized APR)
• 24-hour approval and funding
• Minimum credit score of 570
• Minimum monthly revenue of $17,000

Pricing Structure:

• Factor rates typically ranging from 1.13-1.50
• Daily or weekly repayment as a percentage of sales
• Early payoff discounts available (factor rate can drop to 1.05)
• Revenue requirements

Fora Financial's high factor rates translate to effective APRs between 132-150% or higher, making it significantly more expensive than Resolve's transparent 2.61-3.5% flat fee model. Additionally, Fora's recourse debt structure places full liability on the merchant, unlike Resolve's non-recourse protection.

For businesses with credit scores between 570-625 that cannot access traditional financing, Fora Financial provides an option. However, the high costs and daily repayment structure can strain cash flow, particularly during slow periods. For B2B invoice-based businesses, Resolve's service evaluates buyer creditworthiness rather than merchant credit, making it accessible regardless of the seller's credit score.

5. Credibly — Fast Approval for Low-Credit Businesses

Credibly offers one of the fastest approval processes in the alternative lending space, with funding available to businesses with very low credit scores. Founded in 2010 and based in Southfield, Michigan, Credibly has funded many small businesses.

Key Features:

• 4-hour approval process with same-day funding
• Minimum credit score of 500
• 4.8/5 customer rating on Trustpilot
• Factor rates starting at 1.11
• Minimum annual revenue of $180,000

Pricing Structure:

• Factor rates starting at 1.11 plus 2.5% origination fee and $50/month admin fee
• Daily repayment with 10% holdback
• High effective APR (estimated 132%+ annualized)
• Potential for "stacking fees" after payoff (per BBB complaints)

Credibly's speed and accessibility for low-credit businesses fills an important market need, but its high costs and potential fee complications make it less suitable for sustainable business growth. The recourse debt structure also places full liability on the merchant, unlike Resolve's non-recourse model.

For true emergency funding when invoices don't exist, Credibly may serve a purpose. However, for B2B businesses with customer invoices seeking sustainable financing, Resolve's solution offers transparent pricing, non-recourse protection, and operational benefits that Credibly cannot match.

Making the Right Choice for Your Business

For B2B companies evaluating CFG Merchant Solutions alternatives, the choice ultimately depends on your business model, credit profile, and specific needs. Understanding the fundamental differences between these financing options can significantly impact your company's financial health and growth trajectory.

By Business Model:

• B2B invoice-based businesses: Resolve (non-recourse, AR automation, buyer credit evaluation)
• B2C businesses without invoices: Credibly or Fora Financial (emergency funding)
• Established businesses with excellent credit: Bluevine (competitive APRs)
• Businesses needing traditional term loans: OnDeck (proven track record)

Cost Comparison for $10,000 in Working Capital (30 days)

• Resolve: $261-$350 (2.61-3.5% flat fee, 31.3-42% annualized)
• Bluevine: $117-$792 (estimated 14-95% APR)
• OnDeck: Around $354 (approximately 42.5% APR)
• Fora Financial: $1,130-$1,500 (estimated 132-150% annualized)
• Credibly: $1,100+ (estimated 132%+ annualized)
• CFG Merchant Solutions: Unknown (opaque pricing)

Risk Management Comparison:

• Resolve: 100% non-recourse (zero merchant risk)
• All competitors: Recourse debt (full merchant liability)

Strategic Considerations for B2B Companies:

When evaluating financing alternatives, B2B businesses should consider not just the cost of capital, but the total value proposition. According to research from the Federal Reserve Banks, small businesses that understand their financing options make better long-term decisions. Key factors include:

Cash Flow Impact: Traditional merchant cash advances require daily or weekly payments that can strain cash flow during slow periods. Resolve's model advances payment upfront without requiring daily deductions from your revenue.

Customer Relationships: With Resolve, you maintain complete control over customer relationships while the platform handles collections professionally. Traditional lenders have no involvement in your customer interactions.

Operational Efficiency: Beyond financing, Resolve provides AR automation tools, credit checking, and invoicing workflows that reduce manual work and improve financial operations. Traditional lenders provide only capital.

Growth Enablement: Resolve's buyer-focused credit evaluation means you can offer net terms to more customers without assuming risk, directly enabling revenue growth. Traditional financing requires you to already have the cash flow to support extended payment terms.

For B2B businesses specifically, Resolve's combination of non-recourse financing, transparent pricing, AR automation, and B2B-specific design makes it the superior alternative to CFG Merchant Solutions and other traditional lenders. The platform's focus on invoice-based financing rather than general working capital aligns perfectly with the needs of B2B companies that want to offer net terms without assuming credit risk.

Frequently Asked Questions

What are the primary differences between traditional merchant services and modern B2B payment platforms?

Traditional merchant services like CFG Merchant Solutions provide general working capital through recourse debt with opaque pricing (often factor rates translating to 40-350% APR equivalents). Modern B2B payment platforms like Resolve offer invoice-specific financing with transparent flat fees (2.61-3.5%), non-recourse protection that eliminates merchant risk, and additional operational benefits like AR automation and buyer credit evaluation. Traditional services evaluate merchant credit and require strong business financials, while B2B platforms like Resolve evaluate buyer creditworthiness, making them accessible regardless of the seller's credit profile.

How can offering net terms benefit my B2B business's growth and customer loyalty?

Offering net terms can significantly increase buyer purchasing power, leading to larger orders and more frequent purchases. Businesses that offer net terms see faster payment cycles and increased customer loyalty. Net terms remove immediate payment barriers, allowing customers to manage their cash flow while enabling you to close more sales. With Resolve's financing, you can offer these attractive terms without assuming credit risk, since Resolve advances up to 100% of invoice value within 24-48 hours and assumes responsibility for collections and potential defaults.

What does 'non-recourse' mean in the context of invoice financing, and why is it important?

Non-recourse financing means the funding provider assumes 100% of the credit risk for approved invoices. If a customer fails to pay, the merchant keeps the advance and faces no liability or repayment obligation. This is critically important because it eliminates bad debt risk from your balance sheet and protects your cash flow. Traditional financing options like merchant cash advances and term loans are recourse debt, meaning you remain fully liable regardless of customer payment behavior. Resolve's model transforms invoice financing from a risk management challenge into a growth enabler.

How does AI improve the accuracy and speed of B2B credit decisions?

AI-powered platforms like Resolve analyze thousands of data points in real-time, including cash flow patterns, bank transactions, business performance metrics, and traditional credit bureau data. This comprehensive approach delivers credit decisions in instant to 48 hours, compared to days or weeks for traditional manual underwriting. AI models can identify creditworthy businesses that might be overlooked by traditional scoring methods, particularly newer companies or those in emerging industries. The technology evaluates actual business performance rather than relying solely on credit scores, resulting in more accurate risk assessment and higher approval rates for qualified buyers.

Can financing solutions help B2B companies compete with larger enterprises?

Yes, modern B2B financing platforms level the playing field by enabling smaller businesses to offer the same payment terms that large enterprises provide. According to SBA research, access to working capital solutions allows small businesses to compete more effectively. With Resolve's Net Terms solution, even growing B2B companies can offer 30, 60, or 90-day payment terms without tying up working capital or assuming collection risk. This allows smaller businesses to win contracts that would otherwise go to larger competitors with stronger balance sheets, while maintaining healthy cash flow through immediate payment advances.

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.