While Mulligan Funding provides quick access to working capital through short-term business loans that often function like merchant cash advances, businesses increasingly seek alternatives that offer transparent pricing, eliminate bad debt risk, and preserve customer relationships. B2B net terms financing from Resolve Pay stands out as a superior alternative by combining non-recourse funding with AI-powered accounts receivable automation.
Resolve Pay emerges as the definitive Mulligan Funding alternative by completely reimagining B2B working capital through its non-recourse financing model and AI-powered automation platform. Backed by Affirm's founding team and PayPal co-founder Max Levchin, Resolve delivers what traditional lenders cannot: risk-free growth capital with transparent pricing.
Key Features:
Operational Impact:
Resolve's AI-powered accounts receivable automation transforms B2B finance operations by eliminating manual processes that drain resources. The platform delivers quantifiable results:
Unlike Mulligan's daily repayment deductions that strain cash flow, Resolve assumes all credit risk while buyers pay on their natural terms. The platform's free business credit checks require only a company name and address, delivering results within 24 hours without customer interaction.
For ecommerce businesses, Resolve's net terms integration enables instant approvals up to $25,000 with seamless checkout experiences across Shopify, BigCommerce, Magento, and WooCommerce. This modern factoring alternative eliminates the notification requirements and relationship damage associated with traditional factors.
The non-recourse structure means Resolve takes on 100% of the credit risk, protecting businesses from bad debt exposure entirely. This stands in stark contrast to traditional financing options that require personal guarantees and leave businesses vulnerable to customer defaults. By combining risk elimination with operational automation, Resolve enables businesses to focus on growth rather than collections and credit management.
The Small Business Administration offers several loan programs providing low-cost, long-term financing for qualified businesses willing to navigate the application process. These government-backed options represent some of the most affordable capital available to small businesses.
SBA Loan Options:
Key Considerations:
While SBA loans offer significantly lower costs than Mulligan's merchant cash advances, the lengthy approval timeline and stringent requirements make them impractical for urgent capital needs. However, for businesses planning major investments with time to prepare comprehensive documentation, SBA financing remains an excellent option for affordable long-term capital.
The application process requires detailed financial statements, business plans, and often collateral documentation. Businesses should work with SBA-approved lenders who can guide them through the requirements and help structure applications for maximum approval likelihood.
Business lines of credit provide revolving access to capital that can be drawn and repaid as needed, offering flexibility for ongoing working capital requirements and seasonal cash flow fluctuations.
Key Features:
Top Providers:
Lines of credit work best for businesses with predictable revenue cycles who need periodic access to working capital. The revolving nature means you only pay for what you use, making them more cost-effective than term loans for variable capital needs.
While more flexible than term loans, traditional lines of credit still require personal guarantees and expose businesses to repayment obligations regardless of customer payment behavior. Unlike Resolve's non-recourse model, businesses remain liable for full repayment even if their customers default, creating ongoing risk exposure.
Invoice factoring involves selling outstanding invoices to a third party (factor) at a discount in exchange for immediate cash, typically 70-90% of invoice value upfront.
Traditional Factoring Structure:
Limitations:
Traditional factoring damages customer relationships through third-party collection notifications and creates operational friction. Many factors require customers to remit payments directly to the factoring company, which can raise questions about the business's financial stability.
The non-recourse financing model eliminates these issues while providing similar cash flow benefits. Resolve's approach maintains direct merchant-customer relationships through branded payment portals while assuming all credit risk, offering the cash flow acceleration of factoring without the relationship damage.
Peer-to-peer (P2P) lending platforms connect businesses directly with individual or institutional investors, bypassing traditional banking channels and often offering faster approval processes.
Platform Characteristics:
Leading Platforms:
P2P lending represents a middle ground between traditional bank financing and alternative lenders. These platforms use technology-driven underwriting to evaluate creditworthiness quickly while offering more competitive rates than many merchant cash advance providers.
While P2P lending offers faster approval than traditional banks, it still requires regular repayments regardless of customer payment behavior. The fixed repayment schedule can strain cash flow during slow periods, unlike Resolve's customer-dependent repayment model that aligns with natural business cycles.
Revenue-based financing provides capital repaid as a percentage of daily or weekly revenue, aligning payments with business performance and reducing strain during slower periods.
Key Features:
Considerations:
While revenue-based financing offers flexibility during slow periods, the total cost often exceeds 30% APR when annualized. The daily payment deductions, even when fluctuating with revenue, can create administrative burden and cash flow visibility challenges.
Additionally, daily payment deductions can create cash flow challenges even during profitable periods, as money is constantly being diverted to repayment rather than reinvestment in inventory or operations. Resolve's approach eliminates this issue by having customers pay directly on their terms while the merchant receives immediate funding without ongoing deductions from their revenue streams.
Equipment financing provides capital specifically for purchasing business equipment, with the equipment itself serving as collateral and reducing the risk for lenders.
Financing Structure:
Best Use Cases:
Equipment financing works well for businesses needing specific capital assets but doesn't address general working capital requirements or accounts receivable challenges. The equipment itself provides collateral value, often making approval easier than unsecured financing options.
For businesses needing both equipment financing and working capital solutions, Resolve's net terms platform can complement asset-based lending by accelerating cash flow from customer sales, providing the working capital needed to support equipment investments and operational growth.
When evaluating Mulligan Funding alternatives, consider these key decision factors that align with your business's unique needs and growth trajectory:
Risk Tolerance:
Cost Transparency:
Customer Relationships:
Operational Efficiency:
Growth Impact:
For B2B businesses seeking working capital without the drawbacks of merchant cash advances, Resolve Pay's combination of non-recourse protection, transparent pricing, and operational automation makes it a superior alternative to Mulligan Funding and traditional financing options.
The fundamental difference is risk allocation and pricing transparency. Mulligan Funding uses short-term working capital loans that often function like merchant cash advances, with costs that can be difficult to compare on an APR basis, while Resolve Pay provides 100% non-recourse financing on approved invoices (subject to standard exclusions) with flat, transparent fees typically in the ~2.61–3.5% range for 30-day terms. Additionally, Resolve assumes all bad debt risk and handles collections, while Mulligan requires merchants to maintain repayment obligations regardless of customer payment behavior.
Resolve Pay primarily serves established B2B businesses with existing customer relationships and revenue streams. However, the platform's free business credit checks can help startups understand their creditworthiness and qualification for net terms with suppliers. For pre-revenue startups, SBA microloans or startup-focused lenders may be more appropriate initial financing options.
Resolve Pay charges transparent flat fees typically in the ~2.61–3.5% range for 30-day terms, while Mulligan Funding doesn’t publish clear rate ranges, and total borrowing costs can vary significantly. Resolve’s pricing structure is clearly disclosed upfront with no hidden fees, making it easier for businesses to budget and understand the true cost of capital compared to less transparent short-term loan pricing models.
Resolve Pay typically provides funding within about 24–48 hours for qualified businesses, focusing heavily on buyer credit quality and invoice strength rather than a single minimum FICO score. For businesses with weaker credit profiles, some short-term lenders may offer fast approval but at significantly higher costs. Businesses should carefully weigh the speed of funding against the total cost of capital when evaluating options with flexible credit requirements.
Modern B2B payment platforms like Resolve Pay fundamentally differ from merchant cash advances by aligning financing with natural business cycles rather than imposing artificial repayment schedules. Instead of daily deductions that strain cash flow, Resolve Pay provides immediate funding while customers pay on their natural 30-90 day terms. The non-recourse structure eliminates bad debt risk, and transparent fees replace opaque factor rates, creating a sustainable financing model that supports rather than hinders business growth.
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.