This isn’t blame, it’s structure. I know the constraints, covenants, and lender optics owners are under. The point is simple, align capex to the cheapest balance sheet, prove the unit economics, then capitalise the proof. If you want the IC-safe memo and hybrid-lease model, DM me and I’ll share it.
Editor’s note:
This isn’t blame, it’s structure. I know the constraints, covenants, and lender optics owners are under. The point is simple, align capex to the cheapest balance sheet, prove the unit economics, then capitalise the proof. If you want the IC-safe memo and hybrid-lease model, DM me and I’ll share it.