Tank Payments

Tank Payments is for owner-operators and freight carriers who want quicker access to money from factored invoices and a way to manage business spending. When a participating factoring company purchases an invoice, the funds can be deposited into the Tank account within seconds, helping carriers access cash for expenses such as fuel without waiting for a bank transfer to settle. You may need to ask your factoring company to send payments to Tank. Use the app to check your account balance and transactions, pay bills, transfer money to other accounts, and send payments to drivers by text message. Carriers can also issue fleet cards, set spending limits, and receive transaction alerts. Tank Payments is designed for trucking businesses that want to manage incoming factoring payments and day-to-day payments in one account.

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