NASHVILLE, Tenn., (BUSINESS WIRE) -- Bibby Transportation Finance (BTF) announces successful national Fuel Card program. The fuel cards provide their transportation client's savings on purchases at over 4,900 truck stops, control and security over finances and fast cash when they need it most.
BTF and Fleet One Fuel Card have fully integrated their services for customers with over-the-road trucks, both commercial and private fleets. BTF's clients already receive fast cash for their invoices with high advance rates and 24-hour turn around. Clients with this fuel card have the flexibility to receive funding directly onto their cards, and the benefit of enjoying user discounts and security features.
BTF specializes in providing funding to transportation companies from owner-operators to large fleets. Their accounts receivable funding program has high advance rates up to 97%, featuring flexibility, low fees, and superior customer service.
Eric Hunter, CEO of Bibby Transportation Finance, states, "The fuel card is another way we can provide our clients with the best possible cash flow solutions. Owners have the control to decide who uses the cards, what they can buy, how much to spend, and where to spend it. Coupled with our accounts receivable finance program, great discounts, and fuel rebates, this is an ideal option for any transportation business."
Bibby Transportation Finance is part of the global receivables finance company Bibby Financial Services, which has doubled its clients and volumes in 2007 over 2006 and expects similar strong growth levels in 2008. BFS has an ever expanding regional presence throughout North America with businesses in Chicago, Dallas, Houston, Los Angeles, Nashville, Phoenix, Toronto and West Palm Beach. The group has in recent years embarked on an aggressive growth strategy driven by a unique business model of autonomous companies, designed to ensure it delivers a market-leading service to its clients.
