To fund the daily operations of your business, you need capital. That can sometimes be difficult to acquire, particularly for small businesses or those just starting out. Here are four ways to generate operating capital.

1. Bank Loans

The most commonly used option for funding your operations is a traditional bank loan. A loan from a bank is the best option if your business has a good credit history. Interest rates for these loans tend to be low and there are usually debt financing assistance programs available. There are three main lines of funding via bank loans. You can either apply for a line of credit, or you can apply for a short-term or long-term loan. A line of credit means you’ll have a pre-approved credit line available whenever you require funds. A loan is typically repaid in monthly installments, the amount of which is determined by the length of the loan term and its interest rate.

2. Asset-based Loans

One alternative to the traditional bank loan is an asset-based loan. This option provides you with operations capital in exchange for collateral from your company’s assets, such as commercial real estate, good equipment with equity or substantial inventory.

3. SBA Loans

SBA loans, or Small Business Association loans, are quite similar to traditional bank loans aside from being under the jurisdiction of the United States Small Business Association. With this type of loan, you can apply for two operating capital funding options, a credit line or a term loan. The term loan typically caps at ten years. The approval process tends to be quick, usually processing in ten days or fewer.

4. Cash Advance

This option is best for urgent operating capital needs. It may be a more expensive option, but you will receive the capital you need much more quickly than you would via other methods, and it’s relatively easy to get approved for the advance. You may be approved within a few days of applying or even within a single day. A cash advance is also a good option for individuals or businesses that have poor credit or no credit history because it is driven by cash flow rather than credit and repayment. With a cash advance, you’ll receive the funds you need upfront, with the agreement that your loan provider will receive a chunk of your future revenue.

The method you choose to generate capital for your daily operations depends on the type of business you run and your goals for that business. If you cannot apply for a traditional bank loan for any reason, then one of these options may work well for you instead.