FAQ: What is Tank?
Last updated June 4, 2024
Tank is the cheapest and fastest way to get paid for your invoices. Your Tank Account is a no-fee, financial account designed for businesses that use factoring services.
Deposits to your Tank Account will be made within seconds of your invoices being purchased, with no additional money transfer fees.
With Tank, you’re in control of your funds. You can pay a person, like a driver or dispatcher, pay a bill, set up autodraft for recurring expenses, or transfer funds to a traditional bank account.
Your Tank Card is the most convenient way to spend funds out of the Tank Account. It is a no-fee business card that can be used anywhere Visa is accepted. You can link it to Apple or Google Pay and use it to withdraw from ATMs.