Fuels

Gilbarco Veeder-Root Teams With US Energy Capital

Will provide retailers with funding for site investments

GREENSBORO, N.C. -- Gilbarco Veeder-Root and US Energy Capital Corp. have entered into a partnership to provide equipment financing programs to make site upgrades and new equipment investments more affordable.

US Energy Capital, formerly known as All American Financial, has been providing financing programs for the retail petroleum and c-store industries for nearly 25 years.

We understand the tight supply of capital in this industry and are working to ensure our customers have the resources to make themselves more competitive, [image-nocss] said Kirsten Paust, manager of POS systems at Gilbarco Veeder-Root, Greensboro, N.C. The service and competitive rates provided by US Energy Capital have been instrumental in helping customers affordably upgrade to new POS platforms and dispensers, which are driving real results for their sites. We will continue to seek attractive financing programs for our customers and will continue to work with other providers who service our customers today.

US Energy Capital can provide a broad range of financing programs, the companies said, including leasing, to help retailers access capital for equipment acquisition and improve and upgrade their sites. All Gilbarco Veeder-Root distributors have access to US Energy Capital services.

We look forward to enabling retailers to take advantage of the many new Gilbarco Veeder-Root products and enhancements that will improve their profitability, said Jim Borland, president of US Energy Capital, Conyers, Ga. Our financing program is very competitive and is known for its simplicity and convenience. With this special financing program, all retailers, both dealers and marketers, will find it much easier to acquire the best petroleum equipment available through Gilbarco Veeder-Root's authorized distributors.

Gilbarco Veeder-Root and Gasboy are major suppliers of integrated fuel control, site management and support services for petroleum marketers and commercial fueling enterprises worldwide.

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