Case Study: Solé Bicycles achieves 24% Year-Over-Year Growth with Flexport

How Solé Cruises to 24% Year-Over-Year Growth With Shipping and Trade Finance

Solé Bicycles, a Venice Beach-based bike retailer, was growing quickly but struggling with supply-chain financing and cash flow constraints that limited its ability to buy inventory and invest in expansion. The company used Flexport for modern freight forwarding and Flexport Capital financing to better manage shipments and working capital.

Flexport paid suppliers on Solé’s behalf so the company could order bikes, maintain cash flow, and repay after sales, all through a faster, more transparent platform. The result was elimination of supply-chain cash flow problems and more capital available for marketing, product development, and business growth, helping Solé support continued expansion.

Solé Bicycles

Jimmy Standley

President