New Delhi, Sept. 5 -- Your biggest order of the year is confirmed, the buyer will pay in 60 days, and your fabric supplier wants the money in 7 days. Growing businesses hit this gap long before they hit any ceiling on demand.

Invoice discounting, an overdraft, and a term loan each can solve a different version of the same problem, yet many owners pick whichever one a relationship manager mentioned first. Choosing the wrong one costs more than a slightly higher rate ever would. This blog will help you understand the real difference between the three, and the problem one solves.

A growing business spends before it collects. Materials, wages, and freight leave your account this month, while payment for last month's dispatch arrives 45 or 6...