I wouldn't even have a bank to submit this deal to if I wanted to. The only reason I would send this to any of the banks I work with would be if it was a joke, becuae the second they saw 5 outstanding loans the only reaction they would have would be laughter.
Concerning strategic they may not know about the other balances if there are multiple bank accounts.. . If they did I would guess they would kill it. It is bad business and its predatory. Just because you can make money doesn't mean it makes sense. It is lending like this that will lead to regulation of the industry and profits for all people in the space to drop immensely. Smart people in the space are staying away from these deals not because you can't make money but because they are looking big picture and realize a couple extra dollars today is not worth risking the ability to make money in the future