Acquiring startup business loans can be challenging, but having a bank account can boost your chances. Banks are often more willing to lend to startups they have an established relationship with. This highlights the importance of opening a business bank account. It not only facilitates your financial transactions but also helps build your business's credit history and reputation with the bank. As a result, the bank is more likely to consider lending your business the necessary funds. Otherwise, you might find yourself seeking alternative options, like high-interest rate and fee-laden easy business loans.