Question-and-Answer Session
[Operator Instructions]. Now I will take our first question from J.B. Groh with D.A. Davidson.
J.B. Groh - D.A. Davidson
Good morning, Mark.
Mark Donegan - Chairman and Chief Executive Officer
Hey J.B. how are you doing?
J.B. Groh - D.A. Davidson
Doing good. Hey could you maybe address the credit availability, obviously acquisitions they are going to be a part of your strategy going forward and you guys have a done a great job there. Could you talk about conversations you've had with your bank in terms of credit availability and that sort of thing?
Mark Donegan - Chairman and Chief Executive Officer
Yes, acouple of things, first of all, we have $1 billion and that has very, very reasonable terms that we can tap into at any point in time and that is basically untapped right now. We have also had our banks in here, on my lead bank we had conversations and I guess to put him in nutshells, saying that yes, there is money available to the degree that you need to do, what you need to do. If the opportunities pop up, so either rates, would be a little lighter than what we are paying today but I guess and the basic response is that we are certainly a business that has proven the ability and they are willing to lend us money do when we need to do. Should that opportunity come up.
J.B. Groh - D.A. Davidson
Then can you discuss kind of stuff coming across you guys I think in the past you talked about potential for capital gains increases and perhaps that spurring some more activity from private business owners, may be talk about volume of deal flow that you are seeing and sort of asking multiples how that's changed over the last 90 days?
Mark Donegan - Chairman and Chief Executive Officer
And again I think the two assets from the start we know that that we got, now those of... we have been working for roughly two years. So, again they were targeted assets, they were great for us, they gave us technical capabilities we don't have today. They are extremely solid assets too.
So, if I look at that they are well run businesses, very strong in their marketplaces. And again I think some of the reason why we are able to get those to occur right now is, kind of where they think the market is and so it is from a capital gains standpoint. So, for the things those are there.
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