Bank Debt Is Not a Realistic Source of Financing for Start-Ups

Bank debt is not a realistic source of financing for start-ups due to all of the following reasons except?

A) a large portion of the assets are intangible and provide no collateral
B) payables either don't yet exist or its history is inadequate
C) the start-up's dependence on a small number of irreplaceable people is not a good match to demand deposits or other bank liabilities
D) receivables collection track record is incomplete
E) in the event of a default, it is now plausible for the bank to install a management team to help right the operations