If you're comparing Resolve Pay net terms vs OnDeck vs Hokodo, you're usually trying to solve a cash flow problem that does not fit neatly into one software category. Some suppliers need to offer Net 30, Net 60, or Net 90 without waiting through the full customer payment cycle. Others need direct working capital for payroll, inventory, marketing, or operating expenses. The difference matters because a buyer-facing net terms workflow is not the same as a business loan.
Resolve Pay is built for B2B suppliers that want to offer flexible payment terms, get paid faster on approved invoices, reduce credit exposure, and automate receivables in one workflow. OnDeck belongs in the comparison when the priority is direct business borrowing through a loan or line of credit. Hokodo matters mainly as market context in 2026 because The Paypers reported on April 15, 2026 that the company is shutting down after eight years in market.
For North American B2B suppliers, the practical decision is category fit. If the problem starts with buyers asking for terms, Resolve Pay is closer to the operating need. If the problem is general business capital, direct lending belongs in a separate evaluation.
Teams usually land on this comparison when three pressures hit at once. Buyers want terms, supplier cash conversion is too slow, and finance operations still rely on manual credit reviews, collections, or reconciliation. Treasury Today notes that B2B BNPL brings more complex credit assessment, payment cycles, and collections than many consumer payment flows.
That is why these names show up in the same search, even though they do different jobs. Resolve Pay vs OnDeck vs Hokodo is really a category-fit decision.
Resolve Pay addresses the supplier-side B2B buy-now-pay-later and net terms problem. It helps merchants approve buyers, offer terms, receive upfront payment on approved invoices, and automate the receivables workflow through accounts receivable automation.
OnDeck addresses a business-borrowing problem instead. It offers direct working-capital products for companies that want a term loan or line of credit. The SBA also describes loans as funding products that businesses typically evaluate based on use case, eligibility, repayment structure, and lender requirements.
Hokodo had been relevant for Europe-focused embedded B2B trade credit. In 2026, the status issue changes the conversation from feature evaluation to replacement planning because Hokodo's shutdown was reported on April 15, 2026.
For most finance leaders, the real question is not which brand is bigger. It is which operating model matches the constraint inside the business. If the pain starts with buyers asking for terms, Resolve Pay is closer to the root issue. If the pain starts with needing general capital, a direct business loan or credit line belongs in a different evaluation path.
Resolve Pay is a B2B net terms, payments, and AR automation platform for suppliers. It helps merchants offer B2B buy-now-pay-later terms, get paid faster on approved invoices, use non-recourse credit, and reduce manual receivables work through ERP and ecommerce integrations.
Resolve Pay also supports payment workflows through ACH, wire, credit card, and check via a branded buyer portal. Its platform is designed for manufacturers, wholesalers, distributors, and B2B ecommerce operators that want to offer terms without building an internal credit and collections department.
OnDeck is a small-business lender focused on direct working-capital products. It is generally relevant when a business wants borrowed capital for operating expenses, inventory, hiring, equipment, marketing, or other internal uses. It is not a buyer-credit platform or AR automation system.
Hokodo had been a Europe-focused embedded B2B trade-credit provider. In 2026, it functions mainly as market context because The Paypers reported that the company is shutting down after eight years in market.
These products solve B2B cash flow in different ways: Resolve Pay funds supplier terms, OnDeck lends directly, and Hokodo now serves mainly as context.
|
Category |
Resolve Pay |
OnDeck |
Hokodo |
|---|---|---|---|
|
Core model |
Net terms financing, B2B payments, and AR automation |
Business term loans and lines of credit |
Embedded B2B trade credit |
|
Current status in 2026 |
Active |
Active |
Shutdown reported on April 15, 2026 |
|
Best fit |
B2B suppliers offering terms to buyers |
Businesses borrowing directly for working capital |
Historical Europe-focused trade-credit benchmark |
|
Funding flow |
Supplier gets paid faster on approved invoices while buyer receives terms |
Borrower receives loan or credit-line proceeds |
Merchant payout tied to embedded trade-credit flow |
|
Buyer underwriting |
Buyer credit decisions for terms |
Not a buyer-credit platform |
Historically embedded underwriting workflow |
|
Risk model |
Non-recourse financing on approved invoices |
Borrower repays lender directly |
Trade-credit risk sat inside Hokodo's program |
|
Workflow depth |
Credit, invoicing, collections, payments, and reconciliation |
Loan application and repayment workflow |
Embedded trade-credit workflow |
|
ERP and AR automation |
ERP-connected automation with invoicing, collections, and reconciliation |
Separate from AR automation workflows |
Historically focused on embedded trade credit |
|
Geographic fit |
Strong fit for North American B2B suppliers |
Direct business lending use cases |
European B2B BNPL market context |
|
Pricing visibility |
Competitive pricing discussed with Resolve Pay |
Evaluated through lender terms and repayment structure |
Not meaningful for a new rollout |
Hokodo is no longer a practical fresh-rollout option because The Paypers reported its shutdown on April 15, 2026, shifting comparisons from feature review to replacement planning. The same report says Hokodo raised approximately USD 177 million, financed more than USD 590 million in invoices, and served more than 100,000 buyers across ten countries.
That operating history still matters because it shows demand for embedded B2B trade credit. But for a buyer making a new platform decision in 2026, the more important issue is continuity. If your team was evaluating Hokodo, you now need a live platform with clear geographic fit, an active product roadmap, and a workflow that matches your order-to-cash process.
For North American suppliers, that usually pushes the comparison toward Resolve Pay rather than a direct lender. For companies that simply need short-term operating capital, it pushes the comparison toward business-loan products instead.
Category: B2B net terms, B2B payments, and AR automation
Resolve Pay is built for suppliers that need to offer terms without carrying the full receivables burden on their own balance sheet. The platform is positioned around B2B buy-now-pay-later, net terms financing, and AR automation, not direct lending.
That matters because a supplier offering terms does not just need cash. It needs buyer underwriting, invoice delivery, payment collection, and reconciliation to stay connected. Resolve Pay's B2B payments platform is built around that workflow.
Resolve Pay gets stronger when the business problem is operational, not just financial. The platform helps suppliers expand buyer payment flexibility while automating important finance workflows across credit, invoicing, collections, payment matching, and reconciliation. Resolve Pay also positions itself as a modern factoring alternative for approved invoices because it combines upfront supplier payment with non-recourse credit support.
Resolve Pay fits businesses whose growth is constrained by buyer payment expectations rather than by a lack of generic access to capital. It is strongest for manufacturers, distributors, wholesalers, and B2B ecommerce operators that need to extend terms as part of the sale.
It is also useful for teams that want to connect trade credit into their existing financial stack through Resolve Pay integrations, including accounting, ERP, ecommerce, and API-based workflows.
Resolve Pay combines credit, financing, collections, and reconciliation in one operating layer. That is the main structural difference between Resolve Pay and a lender like OnDeck. Instead of borrowing first and managing buyer collections separately, suppliers can keep the trade-credit workflow inside one platform.
For teams that want to improve the buyer experience, Resolve Pay can also support net terms ecommerce and embedded checkout flows. That helps suppliers offer terms online, offline, through field reps, or through hybrid sales processes.
Resolve Pay is the strongest fit for North American B2B suppliers that want to offer net terms, get paid faster on approved invoices, and reduce the manual work attached to collections and reconciliation. It is especially relevant when the finance team is trying to shorten the cash-conversion cycle while keeping buyer experience intact.
Category: Small-business lending
OnDeck is not a trade-credit platform. It is a small-business lender that offers term loans and lines of credit for businesses that want direct access to cash. That makes it a different product from Resolve Pay.
If your use case is payroll coverage, inventory purchasing, equipment, marketing, or short-term operational funding, OnDeck is the more relevant category match. The lender relationship centers on the borrowing business, not the buyer receiving terms.
The main structural difference is what happens after funding. OnDeck does not underwrite your buyers, automate receivables, or manage a net terms checkout experience. It gives the business capital directly and then relies on a repayment schedule under the loan agreement.
Category: Embedded B2B trade credit
Hokodo had been known as a Europe-focused B2B BNPL and digital trade-credit provider. Industry coverage positioned it around embedded checkout finance, underwriting, collections, financing, and credit insurance inside one trade-credit workflow.
In an earlier market cycle, that would have made Hokodo a meaningful point of comparison for a business evaluating embedded B2B trade credit in Europe. In 2026, though, the current status changes the buying decision. The platform is most useful here as a benchmark for understanding what Europe-focused embedded trade credit looked like, not as an active choice for a fresh implementation.
Teams that had been shortlisting it now need to compare active platforms instead.
For B2B suppliers, the core issue is often not simply access to capital. It is the need to let buyers pay later while the supplier gets paid faster, protects cash flow, and avoids manual AR expansion.
The Federal Reserve reported in its 2026 small business credit survey that rising costs and growth challenges remain important concerns for employer firms. In that environment, suppliers need working-capital strategies that support both revenue growth and operational control.
Resolve Pay is built around that exact supplier-side workflow:
This is why Resolve Pay is a better category fit when the buyer experience is part of the cash flow problem. A loan may add capital to the business, but it does not create a buyer terms program, automate collections, or reconcile payments back into the supplier's accounting workflow.
For most North American suppliers comparing Resolve Pay vs OnDeck vs Hokodo, Resolve Pay is the clearest recommendation because it addresses the actual trade-credit problem. In practice, this comparison separates buyer-term financing from direct borrowing and historical market context.
Resolve Pay helps suppliers offer terms, get paid faster on approved invoices, keep approved credit risk off their books, and automate collections and reconciliation in one place. That combination is especially valuable for finance teams that want to grow sales without turning receivables into a manual, high-risk process.
OnDeck still has a place in the market when the need is direct working capital rather than buyer-facing net terms. Hokodo still matters as market context, but its reported shutdown on April 15, 2026 means new evaluations now center on active platforms with the right geographic fit and workflow depth.
If your primary need is to let B2B buyers pay on terms without stretching your own cash flow, Resolve Pay is the strongest fit in this comparison. Get started with Resolve Pay
Resolve Pay helps suppliers offer buyer terms and automate receivables, while OnDeck gives businesses direct borrowing through loans or credit lines. Resolve Pay is built for suppliers that want to offer net terms and automate the receivables workflow around those transactions. OnDeck is built for businesses that want direct working capital.
The Paypers reported on April 15, 2026 that Hokodo is shutting down after eight years in market. In this comparison, that places Hokodo mainly in the role of historical context for embedded B2B trade credit rather than as a live shortlist option for a new rollout.
Yes. Resolve Pay ties invoicing, collections, bookkeeping automation, and payment matching together, which helps finance teams reduce manual AR work overall. Resolve Pay's accounts receivable workflow covers invoicing, automated reminders and collections, smart bookkeeping automation, and payment reconciliation.
OnDeck can provide working capital to the business itself, but net terms financing handles buyer approvals, supplier payout timing, and receivables operations. If your bottleneck is extending buyer terms without slowing cash flow, Resolve Pay is solving the closer problem.
Not always. Buyer demand for terms is often an order-to-cash issue that supplier financing platforms solve more directly than loans. If the root issue is that customers expect Net 30 or Net 60 and your team is carrying the receivables burden, a business loan solves a different problem. A platform built around buyer terms and supplier payout is usually closer to the operational bottleneck.
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.