I looked into this earlier while banging my head against the wall trying to get a bank loan and thinking "Crikey, somebody has to have a better option for this.

I looked into this earlier while banging my head against the wall trying to get a bank loan and thinking "Crikey, somebody has to have a better option for this." There aren't a heck of a lot of options, so if somebody said "Our business accepted their terms" I wouldn't immediately think "You must be crazy.", but I'll observe that 19~40% APR is pretty expensive for debt and that "You have to switch credit card processors to one we nominate and, btw, your new account will be a lockbox controlled by us." is both an operational hassle and strikes me as a fairly onerous term.