NewLane Finance Alternatives: Modern Solutions for B2B Payment Terms

While NewLane Finance has facilitated over $1.1 billion in equipment financing for 31,000+ companies, B2B vendors seeking to offer payment terms to customers need a different solution entirely. Modern platforms like Resolve Pay specialize in non-recourse invoice financing and accounts receivable automation—addressing the unique needs of businesses that sell to other businesses rather than purchase equipment themselves.

Key Takeaways

• Different use cases require different solutions: NewLane Finance excels at equipment purchases with 12-72 month terms, while Resolve Pay specializes in B2B net terms with 15-90 day cycles and non-recourse protection
• 87% cost savings vs traditional factoring: Resolve's risk-based pricing with example fees approximately 2.6% dramatically reduces costs compared to traditional factoring's about 20% total fees
• Non-recourse financing eliminates bad debt risk: Resolve assumes 100% of customer non-payment risk, protecting your bottom line and cash flow
• AI-powered credit decisions in seconds: Modern platforms deliver instant approvals versus NewLane's 24-48 hour timeline, accelerating sales cycles
• Full AR automation suite included: Resolve provides AI-powered invoicing, collections, and reconciliation—features absent from equipment financing platforms
• E-commerce integrations drive online sales: Native Shopify, BigCommerce, and Magento integrations enable B2B sellers to offer net terms at checkout automatically

1. Resolve Pay — The Modern Alternative to Factoring for B2B Net Terms

Resolve Pay stands as the premier alternative for B2B vendors seeking to offer payment terms without assuming credit risk. Founded in 2019 as a spin-off from Affirm, Resolve combines embedded credit expertise, invoice financing, and payments into a single platform.

Key Features:

• Non-recourse financing with zero merchant risk
• Instant credit decisions using proprietary AI underwriting
• Net terms options including 15, 30, 60, or 90-day payment terms
• Advance pay up to 100% within one business day
• Transparent pricing with risk-based fees
• Platform integrations including QuickBooks, Oracle, Shopify, BigCommerce, and Magento
• White-label payment portal for customers

Pricing Structure:

• Risk-based pricing with example fees approximately 2.6% for 30-day terms with 90% advance
• 87% cost savings compared to traditional factoring's about 20% total fees
• No monthly minimums, setup fees, or hidden charges
• Credit card fees passed to buyers via online payment portal

The platform's AR automation features reduce manual work by 50% and save 14+ hours weekly, while its AI-powered invoicing workflow automatically syncs transactions across systems. Resolve case studies cite clients achieving double-digit YoY revenue growth and 40% increases in average order value after implementing Resolve.

Unlike traditional invoice factoring, Resolve maintains merchant control over customer relationships while eliminating the collections burden. The platform currently serves over 15,000 B2B businesses with backing from Insight Partners through $60 million in financing.

For B2B vendors specifically, Resolve's free credit check service provides instant, data-rich credit decisions without impacting buyer credit scores—a significant advantage over traditional underwriting processes.

The B2B payments landscape has evolved significantly in 2024, with AI-powered automation and non-recourse financing becoming essential for growing businesses. While NewLane Finance serves businesses purchasing equipment, alternatives like Resolve Pay address the complementary need of B2B vendors who want to offer payment terms to their customers while protecting their own cash flow.

Industry research confirms that equipment financing and B2B payment terms serve distinct but sometimes overlapping business needs. Understanding this distinction is crucial for selecting the right financial partner.

2. Fundbox — Quick Capital for Small Businesses

Fundbox occupies a distinct niche providing credit lines from $1,000 to $150,000 for small businesses that traditional lenders might overlook. Since 2013, the platform has raised over $550 million in funding and served over 325,000 businesses.

Speed and Accessibility:

• Instant decisions with next-day funding
• Credit lines up to $150,000
• 12, 24, or 52-week repayment terms
• 100% invoice advances available
• No personal guarantee required for qualified businesses

High-Cost Structure:

• Fees typically starting around 4.66% for 12-week plans
• Effective APR often exceeding 35%
• $50 late payment fees plus NSF charges
• Example: $10,000 draw over 12 weeks equals approximately $1,400 in fees

Reviews consistently note that while expensive, Fundbox provides critical funding when banks won't help. The transparent fee structure and lack of hidden charges provide clarity despite high costs.

For small B2B companies needing immediate working capital and able to manage the expense, Fundbox offers a viable if costly alternative to traditional financing options.

3. Kapitus — Comprehensive Small Business Financing

Kapitus, founded in 2006, provides a range of financing options including equipment loans, SBA loans, and business lines of credit. The platform serves as a marketplace connecting businesses with multiple lenders.

Platform Strengths:

• Loan amounts from $5,000 to $8 million
• Multiple financing types in one platform
• Quick application process with minimal documentation
• Funding as fast as 24 hours for qualified applicants
• Specialized industry expertise across 400+ business types

Pricing Considerations:

• Rates typically ranging from 6% to 30% APR depending on creditworthiness
• Origination fees typically 1-5% of loan amount
• Prepayment penalties may apply on some products
• Monthly payment obligations regardless of business cash flow

Kapitus excels at matching businesses with appropriate lenders based on their specific needs and credit profile. However, like NewLane Finance, it's primarily designed for businesses purchasing assets rather than B2B vendors offering payment terms to customers.

4. Tandem Finance — SME Equipment Financing Specialist

Tandem Finance focuses specifically on equipment financing for small and medium-sized enterprises, offering a streamlined alternative to traditional bank financing.

Core Features:

• Equipment financing from $5,000 to $250,000
• Terms from 12 to 60 months
• Soft credit check during application
• Quick approval decisions within 24-48 hours
• Direct vendor payment options

Limitations:

• Rates typically ranging from 6% to 30% APR depending on credit profile
• Recourse financing—borrower remains liable for payments
• Limited to equipment purchases only
• No accounts receivable automation or credit management features

Tandem Finance serves a similar market to NewLane Finance but with a more focused SME emphasis. However, it doesn't address the needs of B2B vendors looking to offer payment terms to their customers.

5. Balboa Capital — Heavy Equipment Financing Leader

Balboa Capital specializes in heavy equipment financing, particularly for construction, agriculture, and industrial businesses. The company offers financing from $5,000 to $500,000 with same-day funding possible.

Key Strengths:

• Same-day funding for qualified applicants
• Up to $500,000 in financing available
• Specialized industry expertise in heavy equipment
• Flexible terms from 12 to 60 months
• 100% financing options with no down payment required

Considerations:

• Primarily focused on heavy equipment purchases
• Rates typically ranging from 6% to 30% APR depending on creditworthiness
• Recourse financing with borrower liability
• No B2B payment terms or net terms capabilities

Balboa Capital excels in its specific niche but doesn't serve the needs of B2B vendors seeking to offer payment terms to customers.

6. Crest Capital — Long-Term Equipment Leasing Solutions

Crest Capital, established in 1989, offers equipment leasing and financing with some of the longest repayment terms in the industry—up to 84 months for qualified equipment.

Platform Advantages:

• Up to 84-month repayment terms
• Financing from $5,000 to $250,000
• Equipment leasing options with upgrade paths
• Established 35+ year track record
• Specialized in technology and medical equipment

Limitations:

• Primarily serves equipment purchase needs
• Quick underwriting process with credit decisions often within hours
• Recourse financing with borrower liability
• No accounts receivable automation or B2B net terms capabilities

Crest Capital's long-term financing options make sense for expensive equipment purchases but don't address the cash flow challenges faced by B2B vendors offering payment terms to customers.

7. Traditional Invoice Factoring — The Legacy Alternative

Traditional invoice factoring represents the legacy approach to B2B cash flow management, with thousands of providers offering varying terms and conditions.

Typical Features:

• Advance rates of 70-90% on outstanding invoices
• Recourse and non-recourse options available
• Weekly or monthly fee structures
• Credit protection on non-recourse facilities
• Accounts receivable management services

Significant Drawbacks:

• about 20% total fees compared to Resolve's risk-based pricing
• Complex fee structures with hidden charges
• Customer relationship concerns as factors often take over collections
• Monthly minimum volume requirements
• Lengthy contract terms with early termination penalties

While traditional factoring provides access to working capital, modern alternatives like Resolve offer transparent pricing, maintained customer relationships, and comprehensive AR automation at a fraction of the cost.

Complementary Solutions: When to Use Both

The research reveals an important strategic insight: NewLane Finance and Resolve Pay are complementary rather than competitive. Equipment vendors can benefit from using both solutions simultaneously:

Equipment Vendor Use Case:

1. Use NewLane Finance to help customers finance equipment purchases through 12-72 month payment plans
2. Use Resolve Pay to offer net 30/60/90 terms to customers while receiving payment within 1-2 days
3. Maintain customer relationships while eliminating credit risk and improving cash flow

This dual approach allows equipment vendors to provide comprehensive financing solutions to their customers while protecting their own working capital and eliminating bad debt risk.

Industry analysis confirms that equipment financing and B2B payment terms serve different stages of the sales cycle. The most successful B2B vendors implement both solutions to address the full spectrum of customer financing needs.

Making the Right Choice for Your Business

For B2B companies evaluating NewLane Finance alternatives, the choice depends entirely on your specific business model and financing needs:

Choose Resolve Pay when you:

• Sell products or services to other businesses
• Want to offer net terms without assuming credit risk
• Need immediate cash flow on outstanding invoices
• Require accounts receivable automation
• Operate e-commerce or online B2B sales channels

Choose NewLane Finance or equipment lenders when you:

• Need to purchase equipment for your own business operations
• Require 12-72 month financing terms for asset purchases
• Want structured monthly payments with eventual ownership
• Operate in medical, dental, or specialized equipment industries

Cost Comparison for $10,000 Transaction:

• Resolve Pay: Around $261 fee for example scenario (90% advance with 30-day payment terms)
• Traditional Factoring: Approximately $2,000 fee (around 20% for 80% advance)
• NewLane Finance: Around $1,613 total interest (estimated 10% APR) over 36 months (equipment purchase only)

For B2B vendors specifically, Resolve's non-recourse model provides the optimal combination of risk protection, cost efficiency, and operational automation.

Frequently Asked Questions

What are the main differences between traditional financing and modern B2B payment platforms like Resolve?

Traditional financing like NewLane Finance focuses on asset purchases with monthly payment obligations and borrower liability. Modern B2B payment platforms like Resolve specialize in trade credit management, offering non-recourse financing where the platform assumes all credit risk. Resolve provides transparent pricing with risk-based fees versus traditional factoring's approximately 20% complex fee structures, and includes AR automation that reduces manual work by 50%.

How can businesses offer net terms to customers without impacting their own cash flow?

Businesses can use Resolve's advance pay to receive up to 100% of invoice value within one business day while customers maintain 30, 60, or 90-day payment terms. This non-recourse financing model means Resolve assumes all credit risk for late payments or defaults, protecting the seller's cash flow and eliminating bad debt concerns. The platform handles credit assessment, underwriting, and collections automatically.

What role does AI play in B2B credit assessment and accounts receivable automation?

AI powers instant credit decisions by analyzing thousands of data points in seconds rather than days or weeks. Resolve's proprietary models evaluate buyer financial health beyond traditional credit scores, delivering dynamic credit decisions that reduce bad debt. In accounts receivable, AI agents automate payment reminders, collections workflows, and reconciliation, saving 14+ hours weekly and reducing manual errors by 50%.

Are there truly 'risk-free' alternatives to traditional debt financing for businesses?

Yes, Resolve's non-recourse financing is genuinely risk-free for merchants. All cash advances are non-recourse, meaning what you receive is always yours to keep regardless of whether your customer pays. Resolve assumes 100% of the credit risk for late payments or defaults, making it fundamentally different from recourse financing where borrowers remain liable.

Can Resolve integrate with my existing e-commerce and accounting systems?

Yes, Resolve offers native integrations with QuickBooks, Oracle NetSuite, Shopify, BigCommerce, Magento, and WooCommerce. The platform provides bidirectional QuickBooks sync that automatically reconciles transactions and reduces manual errors by 50%. For e-commerce platforms, Resolve enables embedded net terms, allowing B2B buyers to receive instant credit approvals during the online purchase process.

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.