Also, on BofA's parameters, how many businesses could that possibly be? I will throw out "thousands" as a high estimate. On the other hand, I will throw out "hundreds of thousands" as a number if the word gets spread around the gun community. Hundreds of thousands of individuals who might switch banks and take not just their money, but credit card business elsewhere.
I don't carry balances on my cards so don't know, but what's the going rate? 17-20%? That probably racks up a whole lot more lost interest than a couple of thousand business loans at 8%.