I'm about to submit an LOI for a company that's too large for SBA financing. How much equity do conventional lenders typically require as a % of the transaction price? I can get the company at 5x EBITDA and the revenue is all contractual with the government and very steady month to month for the last 3 years. I'm confident I can get seller financing for 1/3 of the transaction, but am trying to gauge what debt:EBITDA conventional lenders are providing and how much they are requiring for equity as a percent of the deal.