Who has some insight on how a new business can get funded?

How can a startup secure working capital, business loans, or business credit when the owner’s personal credit is insufficient to support the business?

I recently launched a business two months ago and immediately hit the ground running with immense enthusiasm and confidence in its potential. Within this short timeframe, I’ve managed to generate significant interest from several large companies, including one with over 300 locations, all eager to sign contracts with me to advertise and sell my product. I firmly believe this business has the potential to grow into a billion-dollar company within the next decade.

However, I’ve encountered a substantial challenge: securing the necessary working capital to fulfill my initial orders and deliver products to these companies. My personal credit is a barrier—primarily due to a lack of history and past financial missteps, such as multiple hard inquiries when attempting to finance a car two years ago. These factors have made it nearly impossible to obtain funding for my business, creating a bottleneck in my ability to execute and meet the demand from prospective clients.

I am seeking advice on alternative funding solutions, such as options for startups to establish credit independent of personal credit, strategies for securing business loans without strong personal credit, or other methods to raise working capital quickly. I am eager to learn and take actionable steps to overcome this obstacle, as I want to ensure the excitement and interest from these potential partners remain strong. Any insights or recommendations would be greatly appreciated.