When B2B companies evaluate payment and financing solutions, the right platform depends on their business model, buyer workflow, and cash flow goals. Resolve Pay, Capchase, and Hokodo represent different approaches to B2B financing. Resolve Pay is built for invoice-based B2B sellers that want to offer net terms, automate accounts receivable, and get paid faster on approved invoices. Capchase focuses on financing models for SaaS and recurring-revenue companies. Hokodo was a European B2B BNPL provider, but it ceased operations after eight years, making it a historical reference rather than an active option. For manufacturers, wholesalers, distributors, and B2B ecommerce sellers, Resolve Pay offers the most relevant path because it combines net terms, credit decisions, payment workflows, collections, and AR automation in one platform.
Businesses compare Capchase and Hokodo alternatives when cash flow, buyer payment flexibility, or operational efficiency becomes a limiting factor. For seller-led B2B companies, the pressure point is often clear: they want to offer net terms to win larger orders and build stronger buyer relationships, but they cannot afford to wait through extended collection cycles or manage every payment reminder manually.
Modern B2B payment platforms change that operating model by connecting credit checks, invoice follow-up, payment processing, and accounting reconciliation. Instead of treating these as separate finance tasks, integrated platforms help sellers manage the complete credit-to-cash process from one system. The Federal Reserve tracks how business payment activity continues to evolve across noncash payment channels, which makes payment infrastructure increasingly important for B2B teams.
For businesses evaluating Capchase, the focus usually centers on SaaS-specific requirements, recurring revenue, and subscription contract financing. For businesses previously evaluating Hokodo, the focus was European B2B BNPL and localized buyer payment terms. Since Hokodo is no longer operating, the comparison now depends on which active platform best matches the seller’s business model.
Resolve Pay operates as a B2B payments and net terms platform for invoice-based businesses. It helps sellers offer flexible payment terms to business buyers while improving cash flow, reducing manual AR work, and managing credit risk on approved invoices.
Resolve Pay supports net terms, credit decisioning, invoicing, collections, payment workflows, reconciliation, and integrations across ecommerce, ERP, and accounting systems. It is especially relevant for manufacturers, wholesalers, distributors, and B2B ecommerce companies that sell to business customers on invoice-based payment terms.
Resolve Pay enables sellers to offer Net 30, Net 60, Net 90, or custom terms while receiving advance payment on approved invoices. Its non-recourse structure means approved advances are not clawed back from the seller if the buyer later fails to pay, subject to Resolve Pay’s approval and verification requirements.
Capchase takes a different approach. It focuses on financing for SaaS, software, and recurring-revenue companies. Its platform helps businesses access booked revenue from annual or multi-year contracts and offer flexible payment options to customers purchasing software or similar recurring services.
Capchase can be useful for companies with predictable ARR or MRR, annual contracts, and subscription billing workflows. That makes it structurally different from Resolve Pay, which is focused on invoice-based B2B sellers that need net terms, AR automation, and payment operations for business buyers.
Hokodo was a European B2B BNPL provider that served merchants and business buyers across multiple European markets. It offered instant credit decisions and payment terms for B2B purchases before ceasing operations after eight years.
Reports on Hokodo’s closure stated that the company had financed more than €500 million in invoices and raised substantial equity and debt funding before shutting down. Because Hokodo is no longer operating, it should be treated as a historical reference rather than a viable platform option.
The key distinction is simple: Resolve Pay serves invoice-based B2B sellers, Capchase serves SaaS and recurring-revenue companies, and Hokodo is no longer active.
Resolve Pay is the strongest fit in this comparison when the business priority is to accelerate cash conversion while offering flexible buyer payment terms. The platform is built for suppliers that want to extend net terms, manage buyer credit decisions, reduce manual AR work, and receive advance payment on approved invoices. The CFPB highlights why transparent small business credit access remains important for business financial health.
Resolve Pay consolidates multiple workflows into one operating model. Sellers can use Resolve Pay for buyer credit approvals, payment workflows, collections support, invoice advancement, and accounting reconciliation. That matters for finance teams that want to reduce manual invoice follow-up, payment matching, and repetitive month-end close work.
Resolve Pay offers comprehensive value for B2B invoice-based businesses through several key advantages.
Non-recourse advance pay: Resolve Pay’s non-recourse structure helps sellers protect cash flow on approved invoices. Once an invoice is approved and advanced, the seller keeps the advance even if the approved buyer later defaults, subject to Resolve Pay’s terms and buyer verification.
Faster access to working capital: Resolve Pay helps sellers get paid faster on approved invoices while buyers keep the flexibility of net terms. This supports healthier cash flow without forcing sellers to choose between buyer-friendly terms and immediate liquidity.
Integrated AR workflows: Resolve Pay combines net terms, invoicing, payment reminders, collections, and reconciliation in one platform. This helps finance teams reduce manual work and improve visibility across the credit-to-cash lifecycle.
Ecommerce and ERP support: Resolve Pay supports sellers that operate through ecommerce, field sales, invoice-based sales, or hybrid channels. Its integration ecosystem makes it easier to embed payment terms into existing commerce and accounting workflows.
Built for B2B sellers: Resolve Pay is aligned with the needs of manufacturers, wholesalers, distributors, and B2B ecommerce companies that sell physical goods, materials, parts, equipment, or specialty products to business buyers.
Resolve Pay is best for manufacturers, wholesalers, distributors, and B2B ecommerce stores with established B2B revenue that want to offer competitive payment terms while maintaining healthier cash flow. It is particularly useful for companies in sectors such as industrial supply, construction, medical products, lighting, materials, specialty products, and equipment distribution.
Resolve Pay can also support sellers that want a modern alternative to manual trade credit management or traditional factoring. Its B2B net terms and AR automation workflows help sellers manage buyer credit, payment timing, and collections without building a large internal credit team.
Capchase provides services tailored to recurring-revenue businesses, especially in SaaS and software. Its platform focuses on helping companies access capital tied to booked revenue and offer flexible payment options to customers purchasing software contracts.
Capchase serves SaaS companies with predictable recurring revenue, software vendors offering annual or multi-year contracts, and businesses that need financing structures tied to booked revenue. It is designed for subscription-based business models rather than invoice-based manufacturers, wholesalers, distributors, or B2B ecommerce sellers.
For companies that sell physical goods on net terms, Resolve Pay is the more relevant fit because it is built around B2B invoice workflows, buyer credit checks, advance pay, collections, and AR automation.
Before shutting down, Hokodo provided B2B payment solutions with a European market focus. The company offered credit decisions and payment terms for B2B purchases across several European markets.
Hokodo’s closure shows why platform stability, capital access, underwriting quality, and operational focus matter in B2B payments. For merchants that need payment terms and invoice financing, the provider’s ability to manage risk and support ongoing collections is just as important as the checkout experience.
Since Hokodo is no longer active, businesses that previously evaluated it should focus on currently operating platforms. For invoice-based B2B sellers that need net terms, AR automation, and advance payment on approved invoices, Resolve Pay is the strongest fit in this comparison.
Integration capabilities directly affect implementation speed, adoption, and ongoing efficiency. B2B sellers often need payment terms to work across ecommerce platforms, ERP systems, accounting software, sales channels, and manual invoice workflows.
Resolve Pay offers an integration ecosystem built for B2B commerce and invoice-based workflows.
Ecommerce platforms: Resolve Pay supports ecommerce sellers through integrations and flexible implementation options for platforms such as Shopify, BigCommerce, Magento, and WooCommerce. Sellers can use net terms for ecommerce to extend buyer payment flexibility at checkout or through invoice-based workflows.
ERP and accounting systems: Resolve Pay connects with accounting and ERP systems such as QuickBooks Online, NetSuite, Xero, and Sage Intacct. These integrations help reduce manual data entry, improve reconciliation, and keep payment records aligned with the original invoice.
API capabilities: Resolve Pay offers flexible API options for businesses with custom ecommerce, marketplace, or back-office workflows. This helps sellers embed credit and payment terms into the systems they already use.
Capchase prioritizes software sales and recurring-revenue workflows. Its integrations and financing model are designed around SaaS contracts, booked revenue, customer payment plans, and sales-led software transactions.
That focus can work well for software companies, but it is a different use case from sellers that need ecommerce checkout terms, invoice advancement, and AR automation for physical goods or B2B distribution.
Hokodo previously offered ecommerce and API-based B2B BNPL integrations. Since the company has ceased operations, those integrations are no longer a practical implementation path for merchants evaluating active payment platforms.
Review platforms can provide insight into customer experience, but they should be evaluated carefully because review counts and ratings change over time. The most important evaluation criteria are whether the platform fits the seller’s business model, supports the right workflows, and can be implemented into existing finance operations.
Resolve Pay is commonly recognized for customer support, payment flexibility, and its ability to simplify net terms workflows. Sellers often value the combination of advance pay, buyer credit checks, invoicing, collections, and reconciliation because it reduces the operational burden of offering trade credit.
Resolve Pay also reports that it is trusted by more than 15,000 businesses, which supports its position as an established platform for B2B sellers.
Capchase receives positive feedback from SaaS and recurring-revenue companies that need financing connected to booked revenue or customer contract payments. Its customer experience is most relevant for software companies, not traditional B2B sellers that operate through invoices, physical shipments, and net terms.
For B2B invoice-based businesses, Resolve Pay delivers the most relevant and practical solution in this comparison because it is designed around how manufacturers, wholesalers, distributors, and B2B ecommerce sellers actually operate.
Resolve Pay brings net terms, credit checks, advance pay, collections, payments, and reconciliation into one operating model. Instead of using separate tools for credit review, invoicing, follow-up, and payment matching, sellers can manage more of the credit-to-cash lifecycle through Resolve Pay.
This matters because invoice-based B2B businesses often have complex buyer relationships, repeat purchase cycles, multiple payment methods, and manual AR processes. Resolve Pay helps streamline these workflows while preserving the seller’s ability to offer flexible terms.
Resolve Pay’s non-recourse advance pay helps sellers reduce risk on approved invoices. This is one of the biggest differences between offering terms manually and using a dedicated B2B payments platform. Sellers can extend payment flexibility to buyers without carrying the same level of collection risk internally.
Resolve Pay supports ecommerce, marketplace, traditional sales, and hybrid B2B transaction types. That makes it useful for companies selling through online storefronts, inside sales teams, field reps, or invoice-based ordering processes.
The US Census Bureau tracks the continued role of ecommerce in business activity, reinforcing why B2B sellers need payment experiences that work across digital and offline channels.
Capchase can be useful for SaaS companies, but its model is centered on recurring revenue and software contracts. Resolve Pay is better aligned with companies selling products, materials, equipment, or supplies on invoice terms.
For B2B sellers that want to improve cash flow, reduce AR workload, and support buyer purchasing power, Resolve Pay provides a more complete fit.
Resolve Pay is the best fit for invoice-based B2B sellers that want to offer net terms, get paid faster on approved invoices, and reduce the manual workload of accounts receivable. Its platform brings together credit decisioning, advance pay, payment workflows, collections, reconciliation, and integrations across ecommerce, ERP, and accounting systems.
Capchase is best understood as a SaaS and recurring-revenue financing platform. Hokodo is no longer an active provider, so it should not be treated as a current option. For manufacturers, wholesalers, distributors, and B2B ecommerce companies, Resolve Pay provides the most relevant combination of payment flexibility, cash flow support, and AR automation.
Resolve Pay helps B2B sellers offer Net 30, Net 60, Net 90, or custom payment terms while supporting buyer credit checks, advance pay on approved invoices, payment workflows, collections, and reconciliation through one B2B payments platform.
Resolve Pay is better aligned with invoice-based B2B sellers because it supports net terms, buyer credit checks, advance pay, collections, and AR automation. Capchase is built mainly for SaaS and recurring-revenue companies.
Resolve Pay provides advance pay on approved invoices. Because the structure is non-recourse, sellers keep approved advances even if the approved buyer later fails to pay, subject to buyer verification and Resolve Pay’s terms.
Resolve Pay helps sellers offer Net 30, Net 60, Net 90, or custom payment terms to approved buyers. This lets sellers provide buyer flexibility while improving their own cash flow timing.
Resolve Pay is a modern credit-to-cash platform, not just a financing option. It combines net terms, advance pay, credit checks, payment workflows, collections, and reconciliation through a B2B payments platform built for sellers.
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.