Is the Companio Lone Product Subordinated?

Solitious assume if there's no assets, no collateral, then it's going to be subordinated. So usually it's sub so once again, we're underwriting to the cash flow in the strength of the overall deal. If you pay a higher multiple for a small companyad most of em are between three and four and a half. Then do you gon t ned more than ten % equity to hit the one point five debt coverage that we require?

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