Tue, 30 October 2018
We know what getting a new business up and running is like – start-up costs, financing capital acquisitions, building a credit score, tight margins and erratic cash flow – all this whilst managing your growth and getting traction in your market.
Fuel cards for new businesses help solve these issues by letting you take control of refuelling your fleet.
But there isn’t one fuel card that suits every new business.
It’s important you pick the best fuel card for your company. That’s why we’ve explained exactly what you need to look for and which fuel card providers offer the right benefits for your new business.
There are many different ways that your new business benefits by using fuel cards, but they all boil down to two things – they save you time and they save you money.
If your business uses transport in any way, shape, or form, then fuel costs are one of your top priorities – without fuel, your customers won’t get their goods and you won’t get paid.
It’s that simple.
Fuel cards can be used by new businesses, including by sole traders and the self employed, throughout the UK and Europe. You can fill your vehicles up with all the big brand fuels, at all the major stations, and even at supermarket fuel pumps.
Fuel cards allow your new business to keep a track over what it’s spending on fuel, helping you to see where you can save money.
But fuel cards don’t just save your new business money by giving you great access to petrol and diesel stations – fuel cards also give your new business access to fuel that’s cheaper, comes at a weekly fixed-rate, and is available with interest-free credit.
Money can be tight in the early days of starting a company – picking the right fuel card for your new business can ease some of the financial stress that comes from being your own boss.
There are many fuel cards out there for new businesses and it can be tough finding the best one for your company.
That’s why we’ve listed the five best fuel cards for new businesses – each one offers something a little different.
|Name of fuel card||Why it’s a great fuel card for new businesses||iCompario star rating|
|BP Plus||Fixed weekly fuel prices at over 3,200 BP fuel stations||★★★★★|
|Esso National||Access to 25% of all fuel stations in the UK||★★★★★|
|fuelGenie||Accepted at 1,350 Morrisons, Sainsbury’s, & Tesco stations||★★★★★|
|EDC||Lets you fill up your vehicles in 21 European countries||★★★★★|
|Shell Multi-Network||Access to Shell, Esso and Texaco stations||★★★★★|
Fuel cards let your new business refuel at the major stations across the UK and Europe.
But it can be difficult knowing which is the best fuel card provider for your new business.
We’ve covered the five best major UK fuel card providers for you, explaining the key reason to use each one.
|Name of fuel card provider||Why it’s one of the best fuel card providers||iCompario star rating|
|Shell||Provides security of weekly fixed fuel prices||★★★★★|
|Esso||Let’s you fill up at 14,000 European stations||★★★★★|
|BP||Offers access to the largest motorway network||★★★★★|
|Texaco||Enables you to refuel at major supermarkets||★★★★★|
|UK Fuels||Gives you an incredible selection of fuels||★★★★★|
If fuel spend and vehicle maintenance are amongst your major expenses, then comparing what’s out there and gaining any price advantage you can is of crucial importance for your new business.
The basics of fuel card usage are seemingly obvious, but you will get much more value when you choose a card through iCompario.
With our chosen fuel card providers staffed by dedicated account managers and offering in-house credit – you’re in good hands, especially when it comes to the finer nuances of card use, reducing costs and maximising value.
Check out our comparison tool to find a fuel card best suited to your new business.