Q&A: how to get a business loan wih bad credit?

Question by charles f: how to get a business loan wih bad credit?
I’m looking for information on getting a loan to start a small business. I used to have a partner, but he has since left the business. Any information on this would be of great help. I currently have bad credit, but i do not have enough debt to be anywhere near bankruptcy. The business is a Web Development, Video production, and music production. I don’t need the loan for software as we started the business, but he took all the hardware and that is where the loan comes in. anyone that has any information on this please contact me.

Charles
someone asked what the exact situation between me an my partner was. We were setup as two independent freelance workers. He contributed the hardware(computers, cameras) I own and purchased the software(3d applications, Web Development tools). I do have a business plan, the only problem is I won’t be able to use a lot of the software I have due to my personal hardware not meeting requirements, and the make the situation worst, I’m kind of on a deadline because I do have a couple clients, but I don’t want to take a deposit until I officially have all the setup working and running properly(which takes time as well). Please do no post scams, I’m not an idoit!

Best answer:

Answer by asphaltjesus
I would lease the hardware you need. Apple has lease financing, so does Dell. If you can’t/won’t lease then buy used equipment. Financing is a total and complete rip off.

Good luck!

Know better? Leave your own answer in the comments!