Eastern Funding Alternatives

While Eastern Funding has operated since 1997 (25+ years) in equipment financing and SBA loans for specialized industries like laundromats and car washes, modern B2B businesses increasingly need complementary solutions for operational cash flow and sales growth. Resolve's B2B Net Terms platform offers a debt-free alternative that accelerates cash flow while enabling net payment terms to drive revenue growth.

Key Takeaways

• Non-recourse financing eliminates risk: Resolve provides non-recourse net-terms financing with up to 100% advance on approved invoices, making it completely risk-free to merchants
• AI-powered automation transforms efficiency: AI agents handle collections and reduce DSO from the industry average of 52.6 days to around 1 day, saving an estimated 14+ hours per week in manual AR work
• Instant credit decisions accelerate sales: Resolve's AI-powered underwriting delivers credit decisions in seconds, not days or weeks like traditional lenders
• Proven growth impact: Resolve reports 20% YoY sales growth and ~40% higher average order values for businesses offering net terms (company-reported) by offering net terms
• Complementary, not competitive: Eastern Funding excels at asset-based lending (SBA 504, equipment), while Resolve optimizes operational cash flow through B2B payments
• Seamless integration: Resolve offers bi-directional ERP sync with QuickBooks, Oracle NetSuite, and other platforms, reduce manual work by up to 90% 

1. Resolve — AI-Powered Net Terms Without the Risk

Resolve stands out as the premier Eastern Funding alternative for B2B businesses focused on operational cash flow and sales growth rather than asset acquisition. Founded in 2019 by former Affirm executives and announced $60M in asset + equity financing in 2021 and later raised an additional $25M equity round led by Insight Partners, Resolve brings consumer fintech innovation to B2B payments with a platform trusted by 15,000+ businesses.

Why B2B Businesses Choose Resolve

The B2B payments landscape has evolved dramatically, with AI-powered automation and non-recourse financing becoming essential for growing companies. According to the U.S. Small Business Administration, cash flow management remains one of the top challenges for small and medium-sized businesses, with payment delays creating significant operational constraints.

Independent industry research confirms that the average Days Sales Outstanding (DSO) for B2B companies is 52.6 days, creating significant working capital constraints. Modern alternatives like Resolve address this gap by providing immediate cash flow while enabling businesses to offer competitive net terms to their customers.

Core Platform Features

Resolve's comprehensive platform combines multiple capabilities that traditional lenders cannot match:

• 100% non-recourse financing with zero merchant risk on approved buyers
• Instant credit decisions using proprietary AI underwriting
• Net 30, 60, or 90-day payment terms with up to 100% advance within 24 hours
• AI-powered AR automation with intelligent collections agents
• Pricing is risk-based. Resolve’s pricing page doesn’t publish a fixed % range; some Resolve materials cite example fees such as 2.61% for Net 30 and up to ~3.5% depending on buyer risk and advance rate.
• Bi-directional ERP integration with QuickBooks, Oracle NetSuite, Sage Intacct, and Xero
• White-label payment portal accepting ACH, credit cards, wire, and check

Transparent Pricing Structure

Resolve's pricing model aligns with business growth rather than creating fixed debt obligations:

• Fees vary by advance percentage and risk: around 2.61% for 30-day net terms with standard advance rates, up to approximately 3.5% when advancing 100% upfront
• No monthly minimums, setup fees, or hidden charges
• Plans are quoted/custom; Resolve describes pricing as risk-based and notes no setup fees or monthly minimums.
• Custom enterprise pricing available

Real-World Business Impact

The platform's AI-powered reconciliation reduces manual work by up to 90%, while its LLM-powered invoicing workflow automatically syncs transactions across systems. Recent case studies demonstrate significant impact: businesses achieve an average 20% YoY revenue growth, with some customers like Nandansons reporting 75% revenue growth in a single month.

Unlike traditional invoice factoring, Resolve maintains merchant control over customer relationships while eliminating the collections burden. The platform's non-recourse structure means that all cash advances are yours to keep, with Resolve assuming the majority risk of late payments or defaults on approved buyers.

Industry-Specific Solutions

Resolve excels specifically for B2B ecommerce businesses, wholesalers, distributors, and manufacturers who need to offer net terms to compete while maintaining healthy cash flow. The platform integrates natively with BigCommerce, Shopify, and Magento, enabling embedded net terms at checkout that increase conversion rates and average order values.

The Federal Reserve reports that payment flexibility significantly impacts B2B purchasing decisions, with buyers increasingly expecting the same convenient payment options in business transactions that they experience as consumers.

2. National Funding — Fast Equipment Financing Alternative

National Funding represents a traditional lending alternative with a focus on speed and accessibility. Founded in 1999, the company offers equipment financing and working capital loans with 24-hour approval processes that address urgent funding needs.

Platform Strengths:

• Fast 24-hour approvals for equipment and working capital
• Accepts lower credit scores (500-620 range)
• Loan amounts from $5,000 to $10 million
• Flexible repayment terms from 12-120 months
• Multiple financing products including term loans and lines of credit

National Funding provides faster access to capital than Eastern Funding's traditional processes and operates on a debt-based model that requires businesses to take on loans with fixed repayment obligations. This contrasts with Resolve's non-recourse approach that provides working capital without impacting the balance sheet.

3. OnDeck — Technology-Driven Term Loans

OnDeck, now part of Enova International, has funded over $15 billion for 150,000+ businesses since 2007. The platform leverages technology to streamline the lending process, though it operates within the traditional loan framework rather than offering comprehensive payment solutions.

Core Capabilities:

• Same-day to 48-hour funding for approved applications
• Loan amounts up to $250,000
• Simple online application process
• No collateral required for smaller loans
• Established track record with substantial funding volume

Cost Structure:

• Factor rates starting at approximately 1.10×, which translates to 10-30% effective costs
• Short repayment terms (12-24 months) that can create cash flow pressure
• No prepayment penalties
• Higher costs for faster access to capital

OnDeck's main difference compared to Resolve is its recourse nature—businesses remain liable for repayment regardless of customer payment behavior. Additionally, the platform doesn't offer AR automation or net terms capabilities, focusing purely on loan provision rather than comprehensive payment solutions.

4. Bluevine — Integrated Banking and Credit

Bluevine combines business banking with credit services, offering lines of credit and invoice factoring through an integrated platform. Founded in 2013, the company has built a reputation for serving small businesses with accessible financing options.

Key Features:

• Business checking accounts with integrated credit services
• Lines of credit from $6,000 to $250,000
• Invoice factoring with approximately 70-90% advance rates
• QuickBooks and Xero integration
• Revolving credit lines for ongoing cash flow needs

Pricing Model:

• APR starting at around 7.8% for lines of credit
• Factoring fees typically range from 3-6%
• No prepayment penalties
• Recourse financing means sellers retain default risk

Bluevine's integrated banking approach provides convenience for businesses seeking both banking and credit services, while its factoring model still requires businesses to assume risk on customer defaults. The platform offers different capabilities compared to Resolve's comprehensive AR automation and non-recourse protection.

5. Fundbox — Startup-Friendly Working Capital

Fundbox specializes in serving early-stage businesses that traditional lenders often overlook. Since 2013, the platform has provided over $6 billion in funding to businesses with minimal operating history.

Accessibility Advantages:

• Accepts businesses with as little as 3 months operating history
• Minimum revenue requirements as low as $30,000
• Fast 1-2 business day funding
• Lines of credit from $6,000 to $150,000
• Strong customer satisfaction ratings

Cost Structure:

• Effective rates starting at approximately 4.66% for 12-week terms, but can reach higher APRs
• Short repayment terms (12-24 weeks) create frequent repayment cycles
• Recourse financing maintains seller risk
• Better suited for emergency working capital than strategic growth

Fundbox serves an important niche for very early-stage businesses, though its costs and short terms make it more suitable for immediate working capital needs than strategic growth solutions.

6. Lendio — Marketplace Comparison Shopping

Lendio operates as a lending marketplace rather than a direct lender, connecting businesses with 75+ partner lenders through a single application process. This model provides comparison shopping benefits but adds complexity to the funding process.

Marketplace Benefits:

• Single application process for multiple lender options
• Dedicated advisor support through the application process
• Access to diverse financing products including SBA loans
• Suitable for businesses unsure about their best financing option
• Helps businesses find specialized lenders for specific needs

How It Works:

Lendio's marketplace approach operates differently than direct financing platforms. Businesses submit one application, and Lendio's advisors match them with suitable lenders from their network. While this can provide options, it doesn't address the fundamental need for non-debt working capital solutions that platforms like Resolve provide.

Understanding B2B Payment Trends

The shift toward modern B2B payment solutions reflects broader changes in business operations. The U.S. Department of Treasury has emphasized the importance of efficient payment systems for economic growth, noting that delayed payments create ripple effects throughout supply chains.

Research shows that B2B buyers increasingly expect flexible payment terms similar to consumer experiences. Companies offering net terms report higher conversion rates, larger average order values, and stronger customer retention. However, traditional approaches to extending credit create cash flow challenges that can constrain growth.

This is where modern platforms differentiate themselves. Rather than simply providing loans that must be repaid regardless of customer behavior, non-recourse solutions transfer default risk away from sellers while maintaining cash flow stability.

When to Choose Each Alternative

The choice between Eastern Funding and its alternatives depends entirely on your business needs and objectives:

Choose Resolve when you need:

• B2B net terms at scale to drive sales growth without taking on debt
• AR automation to reduce manual work and accelerate cash flow
• Non-recourse financing that eliminates bad debt risk
• Integration with ERP and ecommerce platforms
• Instant credit decisions to speed sales cycles

Choose Eastern Funding when you need:

• SBA 504 loans for real estate purchases with 10% down payments
• Industry-specific expertise in laundromat, car wash, or grocery equipment financing
• Long-term fixed-rate financing for major asset acquisitions
• Business acquisition financing for established industry businesses

Choose National Funding/OnDeck when you need:

• Fast equipment financing with 24-hour approvals
• Working capital loans when you can accept higher interest rates
• Lower credit score acceptance for urgent funding needs

Choose Bluevine/Fundbox when you need:

• Integrated business banking with credit services
• Emergency working capital for very early-stage businesses
• Short-term financing for immediate cash flow gaps

Many successful businesses actually use a complementary approach—leveraging Resolve for operational cash flow and sales growth while using Eastern Funding for major asset acquisitions. This strategy maximizes the benefits of both modern payment platforms and traditional asset-based lending.

Frequently Asked Questions

What makes Resolve a 'modern alternative to factoring'?

Resolve differs from traditional factoring through its 100% non-recourse structure that eliminates merchant risk, higher advance rates (up to 100% vs. 70-90% with factoring), and comprehensive AR automation that maintains merchant control over customer relationships. Unlike factoring companies that often collect directly from your customers, Resolve provides a white-label payment portal that preserves your brand relationship while handling collections automatically.

How does Resolve help businesses offer net terms without impacting cash flow?

Resolve solves the cash flow paradox of net terms by advancing up to 100% of invoice value within 24 hours while customers receive 30, 60, or 90 days to pay. This means businesses get immediate cash flow to fund operations while offering competitive payment terms that drive sales growth. The platform's AI-powered collections automatically manage reminders and follow-ups, reducing DSO from the industry average of 52.6 days to around 1 day.

What kind of businesses can benefit from Resolve's AI-powered AR automation?

Resolve's AI-powered AR automation benefits B2B businesses across industries, particularly wholesalers, distributors, manufacturers, and B2B ecommerce companies with complex payment terms and manual collections processes. The platform saves an estimated 14+ hours per week in manual AR work while reducing DSO and eliminating bad debt risk through non-recourse financing on approved buyers.

Is Resolve's credit checking process discreet for my customers?

Yes, Resolve's credit checking process is completely discreet and requires only your customer's business name and address. There's no customer interaction needed during the credit assessment process, and approved customers receive access to a branded payment portal that maintains your business relationship while providing flexible payment options.

What payment methods can customers use when paying through Resolve?

Customers can pay through Resolve's branded payment portal using ACH, credit cards, wire transfers, or checks. This flexibility accommodates diverse customer preferences while centralizing all payment processing through a single, integrated platform that automatically reconciles with your accounting systems.

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.