this sounds like a recipe for disaster. there's quite a few red flags here
1. 35k in credit to start a business - and you're using credit cards - seems pretty bad from the top down
2. you already have poor credit - it got there somehow. could it have been b/c of doing number 1 previously.
i'd work on increasing my credit to get a small business loan ... other than that. this seems like its doomed to fail
i'd be cautious owning a blog about financial literacy and posing this question