Unfortunately, traditional financing options are very limited and often nonexistent. At best an individual may try to work with a micro-lender or economic development organization. Poor credit will still be an issue. Other alternative financing options should be explored such as friends and family members as investors. Improving your credit history and putting some time between the problem and new credit may work. Be very careful about scams and stay away from predatory lenders who will want access to your bank accounts.

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