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.
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:
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 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:
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.
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.
Resolve Pay won the 2025 BigCommerce Innovative Integration Award, reflecting deep e-commerce platform connectivity. Native integrations cover:
Implementation typically completes within 2-4 weeks with dedicated support, enabling rapid time-to-value compared to complex enterprise implementations.
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:
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.
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.
Businesses that relied on Hokodo face specific migration requirements:
Resolve Pay offers dedicated implementation support for businesses transitioning from other platforms, with typical deployment completing within 2-4 weeks.
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:
The platform offered quick approval processes with decisions in approximately one minute, making it accessible for smaller transactions.
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.
The buyer-focused financing model created fundamental differences from Resolve Pay's seller-centric approach:
Primary Relationship
Credit Risk Management
AR Automation
Collections
White-Label Experience
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.
The most critical comparison point centers on platform availability:
This operational status renders feature-by-feature comparisons largely academic. Businesses cannot select platforms that no longer exist.
For historical context, here is how the platforms compared when all were operational:
Net Terms Options
Non-Recourse Protection
Geographic Focus
AR Automation
ERP Integrations
Documented customer outcomes demonstrate the pipeline and efficiency impact of Resolve Pay's comprehensive platform:
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.
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:
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.
Businesses that previously relied on Hokodo should evaluate migration based on their geographic focus:
The migration timeline is critical since Hokodo's systems are no longer accessible.
Businesses that used Behalf face a model shift when moving to Resolve Pay:
This model provides greater seller control over the customer relationship while helping reduce credit exposure.
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.
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.
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.
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.
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.
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.