Enrolling in Tank Factoring Rebates

Lower your Factoring Costs

Tank Payments is working with your factoring company to offer you factoring rebates when you submit an invoice. Each time you spend on the Tank Card - on fuel, repairs, corporate expenses - you earn a bigger rebate that's automatically paid out to you at the end of the month. By participating, you’ll be able to lower your factoring rate each month and keep more of your cash in your pocket.

Great! How do I start?

Factoring Fee Rebates are available through participating factoring companies. Talk to your account manager if your factoring company is working with Tank Payments to offer rebates.

After you’re added to the program, you’ll receive a text message and email welcome from our team, and receive text notifications whenever you’ve earned a rebate. You'll also have access to a new section at the top of the Cards page that displays your accrued rebate balance, which will be deposited into your Tank Cash page at the end of every month.

Frequently Asked Questions

FAQ 1: Which transactions are eligible for a rebate?

Transactions that are eligible for rebates include:

Transactions that aren’t eligible for rebates include purchases made using the Tank account + routing numbers directly, as well as transfers to external banks.

FAQ 2: How much will this cost me?

There is no fee for companies in the Tank Factoring Rebate program. Tank is committed to helping trucking companies avoid fees that slow down their business.

FAQ 3: How much money will I get back?

The size of your factoring fee rebates is determined by Tank and your factoring company. We work together with your factor to send rebates directly to your Tank account.