|Applies To||Motive Cards|
Motive has a Motive Card program for fleets that includes an integrated credit card management UI(User Interface) to set spend controls, fuel insights that combine telematics and transactions data, and comes with pre-negotiated fuel discounts at preferred locations.
It is available for both New and Existing customers at no additional cost, where they can choose to use this as a standalone product or alongside our other products.
To avail this feature, you can submit Motive Commercial Underwriting in 4 simple steps.
Steps: Applying for Motive Commercial Underwriting
Fill out our easy online application form. It typically takes about 5 minutes to complete.
Provide Motive with all financial documents requested. Additional business verification documents may be requested.
The financial documents that Motive requires from you include;
- Al least one of the below
- Digitally connect your bank via Plaid (fastest option)
- Provide 3 consecutive months of PDF Business Bank Statements
- May be required for higher spending capacity
- 2 year of audited financials like Income Statement, Balance Sheet, and Statement of Cash Flow
- 2 consecutive years of Tax Returns
- Corporate Guarantee
- Letter of Credit
Motive reviews your application, financial documents, and other data to assess your creditworthiness.
Motive communicates the outcome of your business request for credit, usually within 3 business days.