Hi everyone,

I finished a brief run through of SIG's Self Funded Search Study and it made me curious if the debt side of the transaction is comparable to a Canadian transaction. The study found 44% of respondents who acquired a company between $500k-$999k EBITDA (where I am searching) were able to leverage between 80-89% LTV

Most of that debt was covered by an SBA loan - I think about 10-20% total debt was through seller notes

Has anyone had experience with LTV percentages in that range - or close to that range - in Canada, and what bank/institution/product did you utilize to complete the transaction?

Thanks!
Chris

PS - Thanks to the guys at SIG and the Acquiring Minds podcast ^redacted‌^redacted‌ ^redacted‌redacted‌