There was once a time when the only answer to financing your cash flow was by asking your bank for a loan or overdraft, or factoring your invoices. However, although invoice discounting offered a different way of achieving the same result, it had one thing in common with the other solutions: debt.
At this time, if you needed to finance your cash flow you had to borrow against your unpaid invoices. The only choice you had was which form of borrowing to use. There was no alternative to debt.
But now there is.