Fleet Credit Cards

Are rising fuel prices putting a strain on your company’s cash flow?

Looking for a better way to save money on gas while tracking and managing your company’s fuel expenses?

Well the good news is that fleet credit cards can not only help you save money on painful prices at the pump but also help build your company’s credit too.

A recent study from Aberdeen Group showed a cost savings by 80% of businesses who have implemented a fleet management system.

Cards like the Shell Fleet Plus Card offers gas rebates from 1.5 to 3 percent while fleet fuel cards offered by BP Business Solutions have fuel rebates up to 4.5 cents per gallon!

Now I’m sure you’ve heard of gas cards but the main difference is gas cards sole purpose is to purchase fuel but with fleet credit cards your business can purchase fuel and maintenance service within a network of authorized merchants.

These cards are specifically designed for businesses that have two or more vehicles in use for business purposes. It provides you simple tracking of expenses and each employee of your company can be issued a unique card that you can control and manage.

With greater control and management of your company’s fuel costs you can realize real savings that will impact your company’s bottom line.

Let’s review some of the other main benefits of using fleet credit cards:

• Receive discounts and/or rebates on fuel purchases
• Detailed reporting to better manage fuel and maintenance expenses
• Improve fuel efficiency by performing regular maintenance service
• Save money by reducing fraudulent fuel charges
• Set spending limits and block cards if necessary
• Save time with less paperwork
• Track your fuel purchases by driver and vehicle
• Easily locate fueling locations

But before you go out and apply you should be aware that like a business credit card not all types of fleet MasterCard or fleet Visa cards separate you and your business from a credit reporting and liability standpoint.

While you’ll soon find that every fleet credit card company has its share of bells and whistles only a select few truly offer your company the ability to build business credit without putting your personal credit and personal assets at risk.

With an ever changing business climate you should take advantage of financial tools like this so you can weather the storm.  By selecting the right type of fleet credit cards you can start managing, protecting, and reducing your company’s fuel expenses while protecting your personal credit and personal assets as well.

What other strategies are you implementing to save on your fuel expenses?

Looking for fleet credit cards that build business credit? Become a member of my Business Credit Insiders Circle and gain access to a proven step-by-step business credit building system. A system that provides you access to fleet credit cards, vendor lines of credit, business credit cards with and without a PG, funding sources and lenders that report to all the major business credit bureaus. Submit your name and email below for details and receive a free audio seminar ($597 value) =>

About the author

Marco Carbajo is a business credit expert, author, speaker, and founder of the Business Credit Insiders Circle. He is a business credit blogger for AllBusiness.com, a subsidiary of Dun and Bradstreet and author of “Eight Steps to Ultimate Business Credit” and “How to Build Business Credit with No Personal Guarantee.” His articles and blogs have also been featured in American Express Small Business, Business Week, The Washington Post, The San Francisco Tribune, Scotsman Guide, Alltop, Entrepreneur Connect, and Active Rain.