Bolton Capital and TruckIT Partnership Solves Cash Flow Challenges for Growing Logistics Firm
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One Choice Logistics, a Florida-based aggregate transportation specialist operating 250 owner-operated dump trucks, dump trailers, and cement tankers across South and Central Florida, faced a critical financial challenge as its business expanded rapidly. Founded in 2022 and growing to over $6 million in revenue by 2024, the company's commitment to paying drivers weekly while purchasing materials monthly created significant cash flow pressure as accounts receivables stretched to 60-90 days.
Azohani Bernal, CEO of One Choice Logistics, explained the dilemma: "We pride ourselves in paying our drivers and subs on time, every time. But, the bigger contracts we won, the longer our accounts receivables stretched—anywhere from 60 to 90 days at times, putting stress on our finances." The company found itself carrying more than $600,000 in outstanding invoices during the summer months, creating substantial operational strain.
The solution emerged through a partnership between TruckIT, the market-leading technology provider for digitizing and optimizing the bulk hauling supply chain, and Bolton Capital, a specialized financial services firm focused on dump truck haulers' needs. This collaboration addresses one of the transportation industry's most persistent challenges—maintaining consistent cash flow while managing extended payment terms from commercial clients.
Bernal reported dramatic results: "Bolton funded $400,000 to us in 48 hours, and the remaining $200,000 the following Monday. We've had them fund our invoices every week, ever since." The integration of Bolton Capital's rapid payment capabilities with TruckIT's advanced digital e-Ticketing platform created a seamless transition from job completion to cash availability. One Choice now submits invoices through the TruckIT platform, with Bolton's ticket-matching technology ensuring instant verification and payment.
Andrew Lindsay, co-founder and CEO of TruckIT, brought firsthand industry experience to the solution: "My experience running Astra Group helped me understand what dump truck owner/operators face. Through our partnership with Bolton, we can help One Choice both improve efficiency and provide the funding needed to run its business effectively and strategically."
The financial impact extends beyond operational metrics to strategic positioning. Bernal noted, "We were in a tough spot trying to keep up with the big names in our space. Bolton and TruckIT helped us change that. They are part of our team now, helping keep our drivers, subcontractors, and customers paid and happy." This partnership demonstrates how technology and specialized financial services can empower mid-sized logistics companies to compete effectively against larger industry players.
Beyond the business benefits, the solution provided significant personal relief for the company's leadership. Bernal shared, "For six months, I was stressed out 24/7 about making payroll as well as paying our drivers and subs. I credit Bolton and TruckIT for making my life easier." This highlights the human element often overlooked in business financing discussions—the emotional toll that cash flow uncertainty takes on entrepreneurs and business leaders.
The successful implementation at One Choice Logistics serves as a model for other transportation companies facing similar cash flow constraints. The partnership between Bolton Capital and TruckIT represents an innovative approach to solving industry-wide challenges through technology integration and specialized financial services, potentially setting a new standard for how logistics companies manage their financial operations while maintaining growth momentum.
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