Hey guys,

I am thinking doing some thinking on what the capital structure might look like for a business / consumer services company that is doing US$5 mm in EBITDA and has an Enterprise Value of roughly US$15-20 mm.

From a debt perspective, what are people using to get to 50-60% leverage? Are regular bank loans available? I am assuming it is difficult to collateralize given low fixed assets and not sure how receptive banks would be to this. Is SBA financing the only real route?