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Fuelmate launches new fuelcard for companies with limited credit history

By / 5 years ago / Latest News / No Comments

The new card allows companies to load a set number litres on to an account and top up via phone or direct debit when the credit is running low. It leverages the Keyfuels network, meaning Flexi-pay is accepted at more than 1,600 forecourts and supermarkets across the UK.

Andy Smith, manager of Hull-based Fuelmate, said the Flexi-pay fuel card enables businesses to budget and track their fuel spend far more precisely than using cash, as well as providing a single invoice detailing all transactions, meaning drivers don’t have to collect and submit fuel receipts.

The Flexi-pay card can also be made driver or vehicle specific, enabling business owners to control how the card is used and by whom, and set spending limits.

Mr Smith explained: “Flexi-pay has been introduced into our extensive fuel card portfolio to help new companies with little or no credit history and established companies with a poor credit history get access to a fuel card.

“It means they can get access to all the benefits of a fuel card – cheaper prices, better financial planning, no need for cash, a single, weekly invoice – and is available to any company that spends more than £500 per month on diesel, regardless of their credit history.”

Customers using the product are notified by text or email when the account balance drops to 25%, 15% and 5% of their estimated weekly volume.

When companies had used Flexi-pay for 12 months or so, they could become eligible for a more traditional fuel card.

Smith added: “Once companies have established a reputable trading history with us, they are far more likely to pass a credit check and then they can decided to change to a different product if they wish. We offer a comprehensive range of fuel cards from leading brands such as BP, Shell and Esso, and tailor the right solution to suit just about any kind of business.”

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Katie Beck

Katie joined Fleet World in 2012 as an editorial intern, following the completion of an English and American Literature BA from the University of East Anglia. She accepted a full-time position as an editorial assistant at the end of the internship period, and was promoted to the role of features editor in 2014. She works across the magazine and website portfolio, and administrates the social media channels.