Why are banks reluctant to give loans to new businesses?

.......and ALSO why are banks reluctant to give business accounts to new businesses.?
Why are banks reluctant to give loans to new businesses?
Because it%26#039;s a huge risk.
Why are banks reluctant to give loans to new businesses?
Because 80% of new businesses fail within the first year due to bad planning, economy, inexperience, etc. It%26#039;s usually a losing deal for banks.
Reply:Because 80% of businesses fail within their first year and the banks wont be able to get thier money back as fast as assumed.
Reply:Banks loan to those that pose the least risk. It doesn%26#039;t matter the business, but the ability and security that the loans will be repaid. My advice is to ask for a loan amount that is easy to repay, and keep going back for incrementally larger loans and build the credit up after the loan is repaid and on time.