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Truck Factoring Fuel Card Discounts

Posted by Gil Oliva on Wed, Nov 13, 2013 @ 07:15 AM

With freight bill factoring, discounts are available at the pump. You can manage your expenses with an FTS fuel card.

truck factoring fuel card

It is a constant challenge to manage and control fuel costs for your fleet. Steady cash flow means less need to worry about fuel costs, and factoring your accounts receivable can certainly help with this, however if paying for fuel can become a little easier, this is an added tool that can work in your favor.

Why should you consider a discount fuel card on top of using freight bill factoring for your accounts receivables? And why is it such a benefit?

Discount fuel cards offer benefits such as:

  • Low transaction fees
  • Universal card acceptance
  • Valuable discounts at many locations nationwide
  • Internet based reporting
  • Flexible payment methods
  • Purchase power is custom tailored to meet the needs of your company
  • Online access to thousands of recognized repair facilities

Consider the administrative savings. Your drivers do not have to find the money to pay for gas to be reimbursed later, rather fuel charges for each vehicle can be consolidated and managed electronically. Reporting is in-depth for accounting purposes, and easily accessible online.

Imagine the added benefit of typing in your location to check for nearby gas stations that not only accept the fuel card, but also offer discounts at the pump. This simple check can save time when you are on the road. You are also able to check for other services offered such as scales, a restaurant, towing, and if the station is open 24 hours. 

Once you are a customer, Bay View Funding works with Fleet-Tech Transportation Services to bring you the best discounts at the pump. The process is simple.

  • We send you an application for a Bay View TransAction Card
  • We work with you to complete the application process
  • Your account will be linked to your BVF portal for easy access and great rates

By factoring your invoices, not only can you use your working capital quickly, you can benefit from discounts at the pump. Bay View Funding also offers cash from copies, meaning you can submit scanned invoices for even more efficient and faster funding. We also offer services in Spanish

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Topics: Fuel Cards for Trucking Companies, Trucking Factoring

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