CloudTrucks has launched a new business credit card that caters to truck owner-operators and small fleets. The CT Card is a no-interest Visa credit card with no fees, no business credit needed, and unlimited cards for the entire team fleet. It helps fund trucking entrepreneurs who may not qualify for traditional credit cards to grow their businesses.
CloudTrucks Launches a Business Credit Card For Truckers
A Credit Card Designed to Empower Trucking Businesses
CT Credit, from CloudTrucks, is a no-fee and no-interest Visa credit card for truck drivers. The card provides a solution for trucking entrepreneurs to manage day-to-day expenses. Additionally, cardholders can build business credit with every purchase. With the CT Card, customers also have the potential to earn cash back rewards when they use their card with discount partners, such as Road Ranger, Pilot Flying J, and Love’s Maintenance.
Furthermore, customers will have access to unlimited cards for their team of drivers. The unlimited-cards feature, paired with the no-fees element, grants peace of mind to trucking entrepreneurs so they can focus more on the business of trucking with less time spent on managing finances. The no-fees feature applies to the following:
- Setup fees
- Transaction fees
- Account fees
- Late charge fees
- Interest fees
When customers apply, CT Credit will not run a hard credit check. Instead, they will make credit resources more accessible for trucking businesses to begin building healthy business credit.
The new CloudTrucks credit card is a Visa card and can be used anywhere Visa is accepted. Their site claims to be more than just a fuel card. Truckers can use the CT Card not only for gas but also for food, lodging, and more. With the CT Card, owner-operators and small fleets will have access to control their finances. Team managers can also track credit balances and monitor spending limits for each cardholder in their fleet. Balance settlement is automatic and occurs twice a month with multiple notifications leading up to the payment dates.
“Committed to Empowering Trucking Entrepreneurs”
“We regularly hear from drivers how easy it is to get stuck in a cycle of paying for business expenses out of pocket – especially now that prices for essentials are rising,” said Tobenna Arodiogbu, co-founder and CEO, CloudTrucks. “We built CT Credit with the goal of delivering a simple solution that gives drivers more control of their cash flow and we remain committed to empowering trucking entrepreneurs with the tools they need to grow their businesses.”
CloudTrucks is a platform built to help truck owner-operators manage their trucking businesses with ease. It uses software and data science to reduce operating costs for truckers. The CloudTrucks platform also seeks to improve revenue and cash flow costs for trucking entrepreneurs. The company was founded in 2019, and its services include solutions for virtual carrier authority, instant pay and schedule optimization, streamlining administrative bottlenecks, and more.
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