Will people invest in a new business if.....?

2 people need 2 to 3 million dollars to start up a new businesss. One is a graduate of college with a bachelors degree in business and marketing with out of this world credit and is 24 years old. The other is a 24 year old that didnt graduate college, but worked for a small corporation and worked his way up to a manager and opened a new store and made sales go through the roof for the company. The catch is that he has bad credit (not sure how bad), but with credit card chargeoffs and a car repo that are from about 4 years ago with everything currently current. Like I said I am not sure how bad his credit is but do investors look at personal credit or do they go by the business plan they have and go from there. Do they have a shot?? By the way it is a bowling alley in a very good area that should make good money.

Neither person is me

an investor will be more interested in the financial of the bowling alley and your business/marketing plan, but if your looking to get a loan for your business they will look at both, and if your personal credit is messed up you most likely will not get a loan or an investor? if you can't keep your own financial life in order, you certainly can't keep a business's financial in order. this is how they will look at it, he need to hire someone to clean up his credit report before you look for an investor or a loan which ever it is.