ATLANTA -- Patriot Capital Corp., a leader in equipment financing solutions, has announced financing incentives starting at 1.9% for fuel retailers and convenience-store operators who wish to upgrade their dispenser and payment technologies using Gilbarco Veeder-Root products.
“Many of Gilbarco’s customers are looking at the EMV [Europay, MasterCard and Visa] migration as an opportunity not only to enable better security for their customers, but also to implement technologies that will improve their consumers’ fueling experience and drive more traffic to their sites,” said Parker Burke, director of payment and market applications for Gilbarco Veeder-Root.
Patriot’s partnership with Gilbarco offers equipment-financing rates of 1.9% on a 24-month equipment financing term. Rates also are available on 36-month (3.9%) and 60-month (5.9%) financing terms for the Encore 700 series dispensers. For customers who select the Applause TV media solution, the 60-month rate drops to 4.9%.
“Fuel retailers need to have a marketing technology plan, and Gilbarco Veeder-Root has a wonderful array of equipment packages that will quickly address these needs,” Patriot Capital president Chris Santy said. “With both the EMV in-store deadline and interest-rate increases expected in the near future, we are pleased to offer low-cost financing solutions now, so fuel marketers can obtain the equipment they need, with a minimal amount of hassle and maximum amount of flexibility.”
Gilbarco Veeder-Root, Greensboro, N.C., is a technology leader for gas-station, convenience-store and commercial fueling operations. It offers a broad range of integrated solutions from the forecourt to the convenience store and head office.
Atlanta-based Patriot Capital provides equipment financing to retailers in the convenience-store and retail petroleum fueling industries. It is a leading provider of capital equipment financing and leasing to National Association of Convenience Stores (NACS), Petroleum Marketers Association of America (PMAA)and Society of Independent Gasoline Marketers of America (SIGMA) members.
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