Laughable excuses for not lending money.

I have app**** for a loan to finance expansion of a very successfull little business into a medium sized business. I knew the requirement is trading for minimum 1 year, but thought I'll try my luck and see. However the reason for the rejection, "maintaining a low bank balance" is laughable. If I had a high bank balace I would not need a loan and would finance the expansion myself. Pity, you could have made some money here, but I'll pass that opportunity to your competition.