Frequently Asked Questions (Buyers)
In the current financial climate where credit is harder to obtain, Voyager will guarantee your credit to any contracted supplier. You are given an average of 36 days credit for all your fuel transactions. This will enhance your liquidity and improve your profitability.
Yes. Being given longer to pay for your fuel will improve your profitability. In addition, you will be given a free fuel test for every transaction. Contact us for a detailed discussion and a financial demonstration of the potential benefits.
There is no charge for buyers to use Voyager.
No. The financial advantages for a supplier using Voyager are substantial even when they absorb 100% of the fee.
None whatsoever. If you sign up to use Voyager you will not be asked for any upfront fees, licences, maintenance charges, minimum transaction requirements or any other contractual obligation. Your only obligation as a buyer is to pay your bill on time.
Voyager is completely secure and your information will never be divulged to third parties without your express permission. The Voyager site uses the best in technology and security practices, you can be completely confident in Voyager’s security.
You will send your financial information directly to US Bank for credit review. US Bank complies with strict banking rules and has audited procedures in place to ensure your financial information remains completely confidential. While you will work closely with Voyager personnel on operational issues, only qualified US Bank personnel see or handle client financial information. If you use Voyager, you will not have to give your information to suppliers. This ensures that your financial position is never divulged to your bunker suppliers compromising your negotiating position. When you undertake and complete transactions on Voyager, all your transactions remain private to you and your supplier and no other system user can see any of this information at any time.
Change can be difficult for some, but many suppliers are seeing this as a good opportunity for secure and rapid payment during very turbulent times.
Voyager is compatible with most systems and can work in parallel to your existing system to save you money. At a later date it can be integrated with your own system to give a seamless solution.
The information required varies in each case. The buyer’s relationship with US Bank is best thought of as a banking relationship, so three years of audited financial statements and possibly more detailed information will be required.
No. US Bank provides Voyager with its financial strength to underwrite each bunker transaction. US Bank will assess your company for credit worthiness but it will not expect you to conduct any of your general banking business with them.
We are very happy to discuss, in complete confidence, your specific requirements and to demonstrate how using Voyager can significantly improve your company’s financial performance. Please contact us for more details.