How A Fuel Card Works - YouTube

Channel: Apex Capital

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Fuel and trucking go hand in hand. If you're hauling freight
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you're buying diesel fuel and probably a lot of it!
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You have several options to pay for fuel but there's only one way to save
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thousands of dollars off the diesel cash price each year -
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a fuel card.
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Since you're watching this video you're probably wondering how fuel card works,
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right? Well it's actually pretty simple, a fuel
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card works like a debit, credit, or gas card. Meaning that when
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you're in the truck stop diesel lane at the
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pump you swipe the card just like you would a credit or debit
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card. Follow the directions on the pump, fuel up, and take your receipt. The
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difference is you'll save quite a bit off the cash
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price when you use a fuel card instead. Of course, you can always use your fuel
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card to pay in the truck stops fuel desk to receive the same great discount.
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The reason you get a better price on diesel fuel with the fuel card
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is because the fuel card providers have negotiated diesel fuel savings
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with a variety of truck stops to comprise what they call
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a network for their fuel card. So basically a fuel card providers
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network includes all the truck stops that have agreed to offer
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diesel fuel discounts to its fuel card users.
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Although fuel discounts are the biggest advantage of using a fuel card
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there are several other benefits for truck drivers, owner-operators, and fleets.
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For example, a fuel card is really easy to use.
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You can simply swipe it at the pump like a credit card but unlike a credit card
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you get the advantage of saving a bunch of money.
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If you or your drivers are currently taking personal risks
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by carrying cash to pay for fuel using a fuel card is a much safer option.
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If you own a trucking company or manage a fleet you can minimize fraud and
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increase security by maintaining control of your company's fuel card purchases.
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You can decide who can use the card, what can be purchased, where it can be used
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and, how much can be spent. Using a fuel card can help simplify
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quarterly IFTA tax preparation. Since all of your transactions are
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recorded by the fuel card provider you gain easy access to your fuel
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transaction history and information. The Apex TCS Fuel Card offers everything
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we just mentioned, plus there are no setup fees, no
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membership fees, no activation fees, and no annual fees.
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We pass 100% of our negotiated fuel discounts
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back to you so you can see huge savings at the pump.
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At the time of this recording our clients are saving an average of 49
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cents per gallon on diesel fuel and they pay zero transaction fees on
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diesel fuel purchases at more than one thousand in network
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locations nationwide.
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Saving money on fuel with a fuel card is a huge benefit for trucking companies
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and so is getting paid faster to more efficiently manage your cash
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flow. Apex has been helping thousands of trucking companies get paid
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faster for 25 years and we can help you, too. We can buy your
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freight bills so you can get paid in as little as a few minutes.
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Many of our factoring clients have saved so much on fuel
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that their savings often offset their factoring fee,
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it's almost like they're factoring for free!
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There are many benefits of being an Apex factoring and fuel card client.
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You can get a fuel credit line starting at fifteen hundred dollars,
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there are no long-term contracts, there are no monthly minimum volume fees,
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you can run unlimited free credit checks on brokers and shippers,
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you gain access to our mobile factoring app to manage your factoring account,
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and you can use the fuel finder to see the best discounts along any route.
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Apex factoring plus the Apex TCS Fuel Card
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is just a win-win! To learn more about factoring and fuel card savings
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visit our website in the link below or give us a call
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at 855-211-0929 we look forward to hearing from you.
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Thanks for watching give us a thumbs up if you liked the video. Hit the subscribe
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button if you haven't already and hit the bell so you'll get notified when we
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post our next video. We'll see you on the next one!