For some reason, I don't think that's the issue is here. They don't have much credit history - seems to me that they have bootstrapped up until now - doing ever

For some reason, I don't think that's the issue is here. They don't have much credit history - seems to me that they have bootstrapped up until now - doing everything from profits and retained earnings. `Harsh penalties for prepayment in the first five years` that shows that the banks are concerned that they have been debt-free or low debt (i.e. there is no money in providing the loan, because they will likely pay it back quickly). The bottom line is that the banks don't think they will make much, if any, money on it.