New self funded searcher here. Given the elevated EBITDA multiples in services business (HVAC, Pest, IT) due to PE consolidation over the last few years how are you all managing to stay competitive for deals from a multiple perspective while maintaining the requirements for a SBA loan?

Seems like lenders are comfortable providing 80% leverage on a 4-5x EBIDTA transaction but to be a competitive buyer now in the more traditional search friendly industries assets are trading for 7-10x EBITDA.

Anyone have some success financing a 7x EBITDA deal with 10% seller financing through a SBA lender?