Sounds on target. Anyone in the US can start a business based solely upon churning credit cards. For illustration purposes: Let's say you swipe at the start of the billing cycle, you now have about 60 days to repay. We will also assume that you have 10 acquaintances willing to swipe for you, each with a credit line of 80k, you suddenly got 800k credit to start. The more being spent, the higher the credit line offered by the banks. Add the incentive of credit card points/cash-back, and it's no wonder people are blinded by the risks of swiping. The end result? Small business owners will take heavy risks with an outsized amount of capital.