What are my options for finding capital for a startup biz when I have bad credit/no collateral? Likelyhood?

basicly I want to start up a company that will recover/recycle/and refine precious metals from automotive parts. That market is GREAT. I just don't have the means to start it all on my own. But I do have the knowledge and burning desire to get it going. The business is setup to almost be a business in a box (like a franchise, but no direct affilation like a franchise). By the way this business would be directly related to emissions systems.

It sounds like your only route would be to find a partner, who would believe in the viability of the business and be able to supply the capital. But be careful in the negotiations and be sure that you are represented by an attorney, who is experienced in this kind of work. If the process is unique, you may be able to patent it. Again, work closely with an attorney who is experienced in such matters.

When we started our first business 10 years ago even with good credit and an ability to repay with outside funds, because we have no experience in the industry we chose, we were laughed out of every bank in town. My point is that it will not be the easiest endeavor in which you embark.
You might look at approaching others who have the means to start a business and make arrangements to run it.
Good luck!