Invoice Discounting or a Bank Overdraft ?
Bank overdrafts serve businesses well - that is a fact.
However, as much as they serve businesses well, it's also a well known fact that the main problem with a traditional banking overdraft is that it is repayable on demand and can be withdrawn at anytime. The limit is usually fixed and, should more be required, you generally have to go through the whole application process again.
Now wouldn't it be nice if you could just phone up your Account Manager, explain why you need more funds, and get it authorised there and then?
With Invoice Discounting, this is a possibility.