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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!
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