Dump truck haulers across the U.S. are dealing with payment delays of up to 60 to 70 days, according to the National Dump Trucking Association (NDTA). These long accounts receivable (AR) cycles can strain cash flow, limit growth and make it harder for operators to take on new projects — especially as infrastructure investments ramp up.
One of the primary causes is the continued use of manual ticketing and invoicing processes. Paper-based systems delay billing, and in a fragmented industry like hauling, the result is widespread inconsistency in payment timelines.
In response, some haulers are turning to technology-driven solutions that speed up payment cycles. A recent collaboration between TruckIT, a digital logistics platform, and Bolton Capital, a financial firm specializing in freight factoring, aims to shorten AR timelines significantly.
The program allows haulers using TruckIT to submit invoices digitally and access same-day payment through Bolton Capital. Bolton’s system matches submitted tickets with verified job data, reducing friction and eliminating the typical paperwork bottlenecks.
Juanita Marry, CEO of Riverdale, GA-based Accession Distribution, said her company now gets funded within hours. “It’s given us enormous flexibility and freedom,” she said. “We’ve been able to sign new business and offer better billing terms to customers.”
This kind of integrated, tech-enabled approach could offer a path forward for haulers navigating slow payments in a high-demand market. As infrastructure spending increases, the ability to get paid faster may become a competitive advantage for contractors and operators alike.
