[FUNd]

Honestly this comes up a lot and ultimately it comes down to an individual underwriters comfort with the business owner. Obviously anything recent or Financial -related would be a big no no. But if the crime happened 15 years ago (lets say Drug possession for arguments sake) and the merchant has "paid their debt to society" and all other items are in order I see no reason not to give them a shot.

I will play devils advocate here, what's a safer bet, the guy with No balances 700 FICO and solid cash flow with a 10 year old felony or the guy with 3 positions 550 Fico and NSF's but has NO criminal history?

Someone with a 550 FICO score is a criminal.