For new businesses, creating a steady stream of cash flow can be almost impossible. If you find yourself struggling to make ends meet, you’ll need to explore your financing options. While it’s possible to cover expenses with personal credit cards or to use your savings as a temporary stopgap, it’s not enough to get you through in the long run. You’ll want to explore more traditional and long-term financing options like a business line of credit. Here are a few tips to help you qualify for the credit you need when you need it.

1. Shop Around

Different lenders assess a business’s creditworthiness in different ways. What one lender sees as a risk, another might see as a creditworthy borrower. Start getting quotes from different banks in your area that offer credit lines and compare the terms in detail.

You’ll want to look at the amount that the bank qualifies you for, the fees they charge, and the repayment terms before you accept the credit line. Keep in mind that banks often have very strict repayment terms and may not offer you as much money as you need to get by.

2. Look for SBA Financing Options

The Small Business Administration (SBA) understands that new businesses need money if they want to grow and expand. This is why they offer low-interest loans and credit lines to new businesses that otherwise wouldn’t qualify. Speak with SBA-approved lenders in your area to discuss your options and, once again, shop around.

SBA credit lines are supplied by banks and guaranteed by the SBA itself. This means the banks are free to set their own minimum qualification requirements. Getting quotes from different SBA-approved lenders will help you make sure you’re getting the best deal for your business.

3. Partner with an Investor

One of the best ways to get money quickly is to partner with an investor. This could be a friend, family member, or other business in the community that has money they’re willing to give you toward your business’s growth. They look at your business’s potential rather than your credit score when making the decision and often can turn into a long-term support system for your company.

If you find an investor, make sure you discuss the terms with an attorney to make sure everything is clear and legally binding. Otherwise, you could end up facing unexpected fines or legal costs if the investor has a problem with the deal down the line.

Getting a line of credit is a great way to finance your business. Keep these tips in mind when you start looking at your options.