Module 11
Don't confuse possibility with proof.
Two columns: what we actually know, and what we still need to verify. Nothing in the right column is a fact — and treating it as one is the single fastest way to make a bad financing decision.
What we know
- Rocky reportedly operates two trucks.
- He reports government-related dry-goods hauling work.
- 1301 has an established Bank of America banking relationship and significant historical deposit activity.
- 1301 has an existing commercial Silverado loan.
- WMac has spoken to a trucking-financing consultant who believes multi-truck financing may be achievable.
What we still need to verify
- Rocky's exact contracting relationship.
- Contract duration and expansion rights.
- Revenue and expenses per truck.
- Whether trailers are provided.
- Equipment specifications.
- Lender approval and actual loan terms.
- Permission to lease financed trucks to Rocky.
- JV compensation and ownership arrangements.
- Operating insurance requirements.
- Whether the projected business can sustain downtime and unexpected costs.
Label discipline
Nothing in the right-hand column is labeled a fact. A reported figure is not a verified figure; a possible arrangement is not a signed one. Every item above moves from "possible" to "verified" only with evidence — and the financing decision waits for that.
None of the unverified items above is a fact. Don't treat possibility as proof.