If you have a good business plan (as Daylily has pointed out) and you will truly buckle down to work on your business, some debt is to be expected. The Dave Ramsey-philes will tell you that all debt is bad, but it's simply not true. If you can turn that debt into a thriving business, you'll leave all those people doing the baby step plan in the dust.
I second Daylily's comment that you should seek out small business resources in your area. Like, now. We can't really advise on the financing for your business without knowing the business details.
If, OTOH, you don't think you have it in you right now to run your own business, cut your losses, go to work for "the man" and pay down the debt. You can always give it another go later.
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