Why do traditional lenders like banks hesitate to finance startup? List out what alternative financing options are available to entrepreneurs?

Traditional lenders like banks etc. are not interested in a startup business. The reason is that when you are just starting out, you're not at the point yet where a conservative lender or investor can rely on security of your assets or be able to forecast cashflows to secure their investments or estimate your repayment capacity with certainty. So that leaves one with the option of selling some assets, borrowing against one's home, asking loved ones i.e. family and friends for loans etc. But that involves a lot of risk, including the risk of bankruptcy and strained relationships with friends and family. Here are some of the sources for funding a startup: (i) Personal financing (ii) Personal credit lines (iii) Family and friends (iv) Peer-to-peer lending (v) Crowdfunding