TBB approved one for us last year. Merchant decided to not move forward though.

We would fund one in house if there is no history of enforcement against it, very favorable landlord reference, and a minimum of 3 years in biz. 5-6 months tops.

I totally agree about the above points adding layers of risk but on the flip side I would prefer to fund one in decent financial shape with favorable history than a run down banged up restaurant loaded with nsf's and other signs of distress. It's at least a little ironic that that same restaurant would get approved by everyone.