In this situation, I would recommend you to search online, as there are several factoring companies who can provide you funding, even though you have bad credit.
Now there's a variety of loans and bad credit is not a problem anymore. Of course, it will be a bit harder to get a loan with the best terms an conditions, but anyway, it's possible. You can call to local banks or other banks and ask if they can offer someting, if you own a house you can take out a home equty loan. Also you can look for a loan at this website, there are loans available for people with bad credit, but these loans are short-term and need to be repaid quickly. I advice you to look up in the Internet and call to banks, lending companies or to look for a private lender.
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It provides with all resources that you need to qualify even if your credit is bad.
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When it involves obtaining a loan for a business, several lenders if not all, would really like to examine a close business set up before they even believe approving your application if you're applying with no cash down. the simplest thanks to make out is to induce an expert business set up author to place down a close set up showing the goals of the business, however you propose to create profit within the business and the way long it'll take before you'll be able to begin creating repayments.
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you would need to establish business credibility and lender compliance,
to make that happen.
I have a free ebook for your enjoyment.
Have you thought about entering your idea into a competition? Some give a shitload of money.. And that wouldn't depend on your credit history. Just a thought.
I just started vlogging about my experience looking for funds, check it out if you want?