Resolve Pay vs Hokodo vs Behalf

Selecting the right B2B net terms financing platform can determine whether your business maintains healthy cash flow or struggles with receivables risk. While Hokodo once served European markets and Behalf offered buyer-focused financing in the US, both platforms have ceased operations. Resolve Pay delivers comprehensive net terms financing with non-recourse protection, AR automation, and integrated collections for mid-market manufacturers, distributors, and wholesalers. Understanding what these platforms offer and why Resolve Pay remains the viable option helps B2B businesses make informed decisions about their payment infrastructure.

When B2B sellers evaluate net terms financing options, understanding platform viability matters as much as feature sets. This comparison serves three essential purposes: providing historical context for what Hokodo and Behalf offered, guiding former users toward active alternatives, and demonstrating why operational stability should factor heavily into platform selection.

Key Takeaways

• Resolve Pay is the only operational platform in this comparison, serving 15,000+ businesses with comprehensive B2B net terms financing, while Hokodo stopped accepting new business and began winding down in November 2025 before its APIs and dashboards permanently shut down in March 2026, and Behalf ceased operations in January 2023
• Resolve Pay provides non-recourse advances on eligible approved invoices, helping protect sellers from buyer default risk while accelerating access to cash
• Former Hokodo customers who financed over $500M USD in invoices across European markets need migration to active alternatives like Resolve Pay for US operations
• Resolve Pay's AI-powered credit engine can deliver qualified approvals in seconds, while other credit assessments may be completed within 24 business hours, replacing manual underwriting processes that previously took days
• The platform includes full AR automation that reduces manual work significantly, combining invoicing, collections, and reconciliation in a single solution
• Resolve Pay currently has a 5.0/5 overall G2 rating, reflecting positive reviewer sentiment toward the platform

Understanding B2B Net Terms Platforms

B2B net terms platforms enable sellers to offer deferred payment options (Net 30, 60, or 90 days) to business buyers while receiving immediate cash. These solutions address a fundamental tension in wholesale and distribution: buyers expect payment flexibility, but sellers need working capital to operate.

The market has evolved through three distinct models:

• Traditional Invoice Factoring requires sellers to sell receivables at a discount, often with recourse provisions that leave credit risk with the seller. This model typically involves lengthy approval processes and limited integration with modern business systems.
• Buyer-Focused Financing platforms like Behalf operated by providing loans directly to buyers, who then paid vendors immediately. The financing relationship existed between the platform and the buyer, with sellers receiving payment but not managing the credit process.
• Seller-Centric Net Terms Platforms like Resolve Pay flip this model. Sellers offer net terms to buyers, the platform advances funds to sellers within days, and the platform can assume credit risk on approved transactions. This approach helps protect seller cash flow while enabling competitive payment terms.

The distinction matters because it determines who bears risk, who controls the customer relationship, and how the financing integrates with existing business operations. Resolve Pay's seller-centric approach maintains the seller's brand throughout the buyer experience while helping transfer covered credit risk away from the business.

Resolve Pay: The Active Platform for B2B Net Terms

Comprehensive Net Terms Financing

Resolve Pay operates as an integrated B2B payments platform combining net terms financing, AR automation, credit decisioning, and collections management. The platform serves manufacturers, distributors, and wholesalers with $1M+ annual revenue who need to offer competitive payment terms without straining cash flow.

The non-recourse financing model stands as a core differentiator. For eligible approved invoices, Resolve Pay can advance funds to the seller while assuming the covered buyer default risk under the applicable program terms. This helps protect seller cash flow while buyers retain their payment terms.

Key platform capabilities include:

• Net 30/45/60/90 terms with flexible configurations based on buyer relationships
• Advance payments on approved invoices, with rates determined by the applicable Resolve Pay program and buyer approval
• AI-powered credit decisions, with qualified buyers potentially approved in seconds and other assessments generally completed within 24 business hours
• White-label buyer portal maintaining seller brand identity
• Multi-channel payment acceptance including ACH, wire, credit card, and check

AI Credit Engine and Risk Management

Resolve Pay's proprietary credit engine evaluates thousands of buyer data points including cash flow trends, payment history, and behavioral signals. The system delivers real-time credit decisions that replace manual trade reference calls and spreadsheet tracking.

Federal Reserve research notes that some small businesses seek financing sources that can provide funds quickly to meet their financing needs. Archipelago Lighting reported that credit approvals dropped from 10 days to 24 hours after implementing Resolve Pay, while also extending significantly higher credit lines to qualified buyers. This combination of speed and accuracy enables sellers to capture opportunities that previously required lengthy manual underwriting.

The quiet credit check approach means buyers are not notified during the evaluation process, and their credit scores remain unaffected. This preserves the sales relationship while enabling informed credit decisions.

AR Automation and Collections

Beyond financing, Resolve Pay provides comprehensive accounts receivable automation that handles invoice generation, payment reminders, reconciliation, and collections. The platform integrates with major ERP and accounting systems including QuickBooks Online, Xero, Sage Intacct, and NetSuite, with synchronization behavior varying by system and configured workflow.

Trenchless Supply reduced AR workload significantly after implementing Resolve Pay's automation capabilities. The platform's agentic collections system uses multi-channel automated sequences including email, SMS, and voice AI to manage buyer follow-ups while preserving customer relationships.

The collections approach differs fundamentally from traditional factoring, which often employs aggressive tactics that damage seller-buyer relationships. Resolve Pay's automated sequences maintain a professional tone with intelligent escalation based on buyer response patterns.

Integration Ecosystem

Resolve Pay won the 2025 BigCommerce Innovative Integration Award, reflecting deep e-commerce platform connectivity. Native integrations cover:

• E-commerce: Shopify, BigCommerce, WooCommerce, Magento
• Accounting/ERP: QuickBooks Online, Xero, Sage Intacct, Oracle NetSuite
• Payments: BlueSnap for global payment processing

Implementation typically completes within 2-4 weeks with dedicated support, enabling rapid time-to-value compared to complex enterprise implementations.

Hokodo: Historical Reference (Services Ended March 2026)

What Hokodo Offered

Hokodo operated as a pan-European B2B BNPL provider, serving business buyers across multiple countries before its services ended. The platform financed hundreds of millions of dollars in invoices during its years of operation.

When operational, Hokodo's features included:

• Pan-European coverage across multiple markets
• Lloyd's of London insurance backing for credit protection
• Real-time credit decisions at checkout
• API-first integration approach for developer flexibility

The platform offered payment terms including 14, 30, 45, 60, and 90 days plus end-of-month options, providing flexibility for European B2B commerce patterns.

Operational Timeline

Hokodo stopped accepting new business and began winding down in November 2025. Its production and sandbox APIs and dashboards fully shut down on March 23, 2026, ending access to its B2B BNPL services.

Migration Considerations for Former Hokodo Users

Businesses that relied on Hokodo face specific migration requirements:

• US-focused operations: Resolve Pay provides comprehensive net terms with domestic credit expertise
• European-focused operations: Confirm that any prospective provider supports the required countries, currencies, credit workflows, and regulatory requirements
• Timeline: All migrations should be complete as Hokodo's systems are no longer accessible

Resolve Pay offers dedicated implementation support for businesses transitioning from other platforms, with typical deployment completing within 2-4 weeks.

Behalf: Historical Reference (Ceased Operations January 2023)

What Behalf Offered

Behalf operated as a buyer-focused B2B financing platform in the US market, allowing business buyers to apply for financing that paid vendors directly. The platform raised significant funding including debt facilities before ceasing operations.

When operational, Behalf's model differed from seller-centric platforms:

• Buyer applies for financing rather than seller offering terms
• Behalf pays vendor directly upon approval
• Buyer repays Behalf over time with interest
• Financing limits ranged from a few hundred to tens of thousands of dollars for SMBs

The platform offered quick approval processes with decisions in approximately one minute, making it accessible for smaller transactions.

Operational Status

Behalf ceased operations in January 2023. Public information about the reasons for the closure is limited, so the company is best treated as a historical reference rather than a currently available B2B financing platform.

Key Differences from Resolve Pay

The buyer-focused financing model created fundamental differences from Resolve Pay's seller-centric approach:

Primary Relationship

• Resolve Pay: Seller controls terms
• Behalf: Buyer applied for financing

Credit Risk Management

• Resolve Pay: Can assume covered buyer default risk on eligible approved advances
• Behalf: Buyer carried loan

AR Automation

• Resolve Pay: Full suite included
• Behalf: Not included

Collections

• Resolve Pay: Automated, seller-branded
• Behalf: Platform handled directly

White-Label Experience

• Resolve Pay: Yes
• Behalf: No

Resolve Pay's seller-centric approach maintains the business relationship between seller and buyer while helping transfer covered credit risk, whereas Behalf inserted itself as the financing provider in direct relationship with buyers.

Platform Comparison: Active vs. Defunct

Operational Reliability

The most critical comparison point centers on platform availability:

• Resolve Pay: Active and growing with 15,000+ businesses, backed by $85M+ in funding from Insight Partners and others
• Hokodo: Began winding down in November 2025, with APIs and dashboards permanently shut down in March 2026
• Behalf: Ceased operations in January 2023

This operational status renders feature-by-feature comparisons largely academic. Businesses cannot select platforms that no longer exist.

Feature Comparison (When Operational)

For historical context, here is how the platforms compared when all were operational:

Net Terms Options

• Resolve Pay: Net 30/45/60/90 with custom configurations
• Hokodo: 14/30/45/60/90 days plus end-of-month
• Behalf: Net 30-180 days (buyer-focused)

Non-Recourse Protection

• Resolve Pay: Non-recourse protection on eligible approved advances
• Hokodo: Lloyd's insurance-backed protection
• Behalf: Buyer carried loan (not non-recourse for sellers)

Geographic Focus

• Resolve Pay: United States (optimized for domestic B2B)
• Hokodo: Pan-European (multiple countries)
• Behalf: United States

AR Automation

• Resolve Pay: Full suite with invoicing, reconciliation, collections
• Hokodo: Limited automation features
• Behalf: Not included

ERP Integrations

• Resolve Pay: QuickBooks Online, Xero, Sage Intacct, NetSuite
• Hokodo: API-first approach
• Behalf: Limited accounting sync

Real-World Results: Resolve Pay Customer Success

Documented customer outcomes demonstrate the pipeline and efficiency impact of Resolve Pay's comprehensive platform:

Revenue Growth

• SS&SI Dealer Network achieved 5x revenue growth through net terms expansion
• ConEquip reported 30% year-over-year growth in construction equipment sales
• Archipelago Lighting tripled revenue while reducing approval times from 10 days to 24 hours
• Nandansons achieved 75% growth through their agency partnership implementation

Operational Efficiency

• Trenchless Supply reduced AR workload significantly with credit approvals completing in under 24 hours
• Elston Materials increased margins from 25% to 30%, a 5-point improvement
• Shields Childcare Supplies won new business by offering Net 90 terms they could not extend independently

Cash Flow Improvements

• RentAll Construction reported quicker receivables contributing directly to healthier cash flow management
• TrueCable achieved credit approval response times under 24 hours
• Marshall Wolf Automation streamlined B2B payments to scale operations

These results share common patterns: rapid implementation, sustained growth over quarters, and efficiency gains that compound as teams redirect time from manual AR tasks to revenue-generating activities.

Resolve Pay for B2B Net Terms Financing

Among the three platforms discussed here, Resolve Pay is the active option for businesses seeking an integrated platform for net terms financing, credit management, accounts receivable automation, payments, and collections. B2B sellers evaluating Resolve Pay should consider:

• Operational stability: Proven track record with growing customer base
• Non-recourse protection: Protection from covered buyer default risk on eligible approved advances
• Comprehensive features: Integrated financing, AR automation, and collections
• Integration ecosystem: Native connections to e-commerce and accounting platforms

The U.S. Small Business Administration notes that access to working capital helps small businesses operate efficiently, manage cash flow, and pursue growth opportunities. Resolve Pay addresses these needs through its integrated platform approach.

For Former Hokodo Users

Businesses that previously relied on Hokodo should evaluate migration based on their geographic focus:

• US operations: Resolve Pay provides comprehensive net terms with domestic credit expertise and 2-4 week implementation
• European operations: Businesses should confirm geographic coverage and regulatory requirements before selecting a replacement platform

The migration timeline is critical since Hokodo's systems are no longer accessible.

For Former Behalf Users

Businesses that used Behalf face a model shift when moving to Resolve Pay:

• From buyer financing to seller net terms: Resolve Pay empowers sellers to offer terms rather than directing buyers to apply for financing
• Added AR automation: Comprehensive invoicing and collections not available with Behalf
• Non-recourse protection: Resolve Pay can assume covered buyer default risk on eligible approved advances

This model provides greater seller control over the customer relationship while helping reduce credit exposure.

Platform Selection Insights

The operational status of Hokodo and Behalf underscores important considerations for B2B platform selection. Resolve Pay's 15,000+ businesses and 5.0/5 overall G2 rating indicate sustainable product-market fit. Customer satisfaction and retention provide stability signals that funding rounds alone cannot replicate.

Resolve Pay originated as the B2B payments spinout of Affirm and is backed by PayPal's founder. Its broader credit team also includes professionals with experience at companies such as Amazon and PayPal, bringing established fintech and credit expertise to its B2B payments platform.

The 2025 BigCommerce Innovative Integration Award reflects Resolve Pay's investment in ecosystem connectivity. Deep integrations create mutual value for platforms and customers, supporting long-term viability.

Frequently Asked Questions

What happened to Hokodo and when did it shut down?

Hokodo stopped accepting new business and began winding down in November 2025 after serving European B2B markets. Its production and sandbox APIs and dashboards permanently shut down on March 23, 2026, ending access to its services. The platform financed hundreds of millions of dollars in invoices across multiple countries before ceasing operations.

Can former Behalf customers transition to Resolve Pay?

Yes, though the models differ. Behalf operated as buyer-focused financing where buyers applied for loans, while Resolve Pay enables sellers to offer net terms directly. Former Behalf users gain additional capabilities with Resolve Pay including full AR automation, non-recourse protection on eligible approved advances, and white-label buyer portals. The transition typically completes within 2-4 weeks with dedicated implementation support.

How does Resolve Pay's non-recourse financing protect sellers?

With non-recourse financing, Resolve Pay can assume covered buyer default risk on eligible approved advances. The seller receives the applicable advance while the buyer continues paying according to the approved terms. Eligibility, verification, invoice validity, disputes, fraud, and other program requirements can still apply. This helps protect seller cash flow compared to traditional factoring where sellers may retain recourse obligations.

What integration options does Resolve Pay offer?

Resolve Pay provides native integrations with major e-commerce platforms including Shopify, BigCommerce, WooCommerce, and Magento, as well as accounting systems including QuickBooks Online, Xero, Sage Intacct, and NetSuite. The platform won the 2025 BigCommerce Innovative Integration Award. Most teams launch within 2-4 weeks with dedicated implementation support.

Is Resolve Pay suitable for businesses that previously used Hokodo?

Resolve Pay is designed primarily for North American B2B sellers, including manufacturers, distributors, and wholesalers. Businesses with US or North American operations can evaluate Resolve Pay for net terms financing, credit workflows, AR automation, payments, and collections. Organizations operating solely in Europe should confirm geographic eligibility and regional requirements directly with any prospective provider.

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.