Here’s how it typically works:
- Billing Cycle: Monthly
- Repayment Term: 30 days (standard) from statement date
- Limit: Based on your credit profile, farm size, and usage patterns
- Who You Pay: You settle directly with the credit provider (TFN supplies the diesel but doesn’t collect the funds)
What TFN provides:
- A dashboard view of all transactions
- Route-based logs with litres, drivers, vehicles, and depot data
- Exportable reports to compare against your monthly credit statement
This separation allows you to manage fuel with TFN, while giving your bank or lender full clarity on how their funds are being used. It’s the best of both worlds operational flexibility with financial structure.
Ready to fuel smart and save big?
Sign up with TFN today and experience the difference—where fuel price protection meets real savings.
Resources
- https://kpmg.com/us/en/taxnewsflash/news/2024/02/tnf-south-africa-increase-carbon-tax-rate-carbon-fuel-levies.html?utm_source=chatgpt.com
- https://www.cnbcafrica.com/2024/south-africas-revised-carbon-tax-to-be-harsher-but-with-more-offsets-treasury-says/
- https://www.zawya.com/en/economy/africa/south-africa-can-carbon-tax-on-shipping-help-maritime-commerce-and-climate-change-xitlidai
- https://www.elibrary.imf.org/view/journals/002/2023/195/article-A003-en.xml
- https://www.deloitte.com/za/en/services/tax/perspectives/south-africas-carbon-tax-changes-and-implications-for-taxpayers.html https://www.resbank.co.za/content/dam/sarb/publications/occasional-bulletin-of-economic-notes/2024/carbon-taxation-in-south-africa-and-the-risks-of-carbon-border-adjustment-mechanisms-%20april-2024-01.pdf