Having bad credit certainly hinders your ability to get loans for a startup small business. However, need it not entirely negate it. If you can still produce ample security, convincing a lending institution to take a chance on you is still possible. A number of programs have been designed to assist females and minorities in becoming small business owners, even with bad credit. So, you may be able to gain funding for your startup in that manner. At any given time, there may be any number of government and non-government loans available to you.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.