Business loans

• Overdraft

  A short deficit up to 30 days: account limit, interest on actual overdraft; for cash gaps.

• Credit line

  A revolving limit for 1+ year: draw-repay-repeat; cheaper than a one-off loan for working capital.

• Factoring

  Cash for receivables: the bank pays 80–90% of the invoice now, the rest after the buyer pays; for 30–90 day terms.

• Documents

  2+ years of statements, turnover, contracts, collateral/owner surety; FOP — simpler but pricier.

A loan to 'pay salaries' is the most expensive: it's a symptom, not a need. Working capital is covered by a line/factoring, investment by a term loan; mixing kills margin.