Unlocking Fuel Savings
In the trucking business, operating costs accumulate faster than profits, affecting proper cash flow and, ultimately, the entire operation. For this reason, FactorLoads, in partnership with Electronic Funds Source (EFS) and Comdata®, offers fuel cards with a discount to help you save money. This savings program is available to existing FactorLoads clients.
Understanding Fuel Discount Cards
A fuel card enables access to discounted diesel rates at major truck stops. These fuel cards are ideal for owner-operators and small or mid-sized trucking business owners who want to improve their cash flows. They’re also suitable for anyone who wants to track fuel costs with detailed reports.
How does a
fuel discount card work?
Fuel cards save cents per gallon and are acceptable at supported truck stops. Here’s how to use this card:
- Drive to a supported location.
- Fill your tank with fuel.
- Use the card to complete the transaction.
- Unlock instant savings on your purchase.
EFS Fuel Discount Card Features
The features of a fuel discount card will vary from provider to provider. Let’s look at what you get with an EFS card:
- About 15 cents off for every gallon of fuel
- Ability to fuel your truck at over 12,000 truck stops
- Total control over your card, meaning you can set up customized authorization controls, fraud prevention and truck reports
- Easy integration of the EFS card with your existing business software
- Ability to manage your card through the EFS CarrierControl mobile app
- 24/7 customer assistance
Comdata Offerings
The Comdata card has the following features:
- A discount of 10 cents per gallon at Pilot Flying, 8 cents at Speedway, AMBEST and Love’s and 25 cents at TA Petro
- Ability to customize card controls like spending limits
- Transaction reports
- Ability to fuel at over 8,000 truck stops
- Customizable fraud detection and prevention features
Fuel Card Benefits
Joining the FactorLoads fuel card program offers the following benefits:
Improved cost savings
You’ll save money on diesel and reduce operating costs. While you only receive several cents off per gallon, these savings add up over time, allowing you to minimize expenses.
Enhanced expense management
Our fuel cards provide reports that simplify expense management.
Better controls
Our cards enable you to set transaction limits, allowing you to control expenses as you see fit.
Easier International Fuel Tax Agreement (IFTA) reporting
Get access to information that you can use to prepare IFTA fuel tax reports.
Informed decision-making
Reports help you identify quicker routes for better fuel efficiency.
Access Fuel Savings With FactorLoads
At FactorLoads, our collaboration with EFS and Comdata makes it easier for you to run your trucking business. We understand the cash flow challenges that owner-operators and small and mid-sized businesses face, and we’re committed to solving them by helping you minimize operational costs.