[abfunders]

got it..is it an all asset lien? the credit union maybe willing to do a carve out on the AR so you can get it done. Equipment financing deal could also possibly work if he owns his equipment free and clear

The other problem is the OP pointed out that he has really bad credit, so equipment financing is going to be difficult, even if the credit union doesn't have a blanket on that, too, which is doubtful. Hate to be pessimistic, but we have to know our limitations.