They might not give you much money, but they'd give you some! There are plenty of small businesses out there without any real saleable assets beyond their viable business activities and future income, indeed for many banks such a market is their speciality. You won't see a $10m loan on $2k/month, of course, but I should be very surprised if you couldn't at least get a $10k or $20k overdraft, which may well suffice to buy another couple of servers or contract a graphic designer or whatever it is you need to scale incrementally.
Conservatism is rife in the banking sector at the moment but at the same time, making loans is their job, after all.
Fair enough. You're probably right. I haven't tried it, after all.
I was actually thinking in terms of personal loans, which have less onerous collateral requirements since the debtor can't simply walk away from the loan, but I guess I am making assumptions about the creditworthiness of the founders in that instance, too.
It does kind of beggar belief that a couple of smart middle class kids with an obviously working business plan couldn't get someone to loan them a few grand. I guess you can't count on it, though. Point ceded.
Conservatism is rife in the banking sector at the moment but at the same time, making loans is their job, after all.