ATLANTA -- National Wholesale Fuels has partnered with Patriot Capital to offer Patriot’s Easy EMV equipment financing program to its nationwide network of fuel dealers.
Through “Easy EMV,” convenience store owners can leverage the value of equipment upgrades--including those with Europay MasterCard and Visa (EMV)-compliant payment security--to obtain the financing needed to expedite the installation of new point-of-sale (POS) and dispensing equipment.
“National Wholesale Fuels provides unique, tailored business solutions to retail and commercial fueling locations across the country,” said Ken Langston, senior director of National Wholesale Fuels. “We are excited to add Patriot Capital’s innovative financing programs to the solutions that we are able to provide our customers.”
Easy EMV enables National Wholesale Fuels a means of enhancing its dealers’ business, and of helping customers upgrade gas pumps with EMV-compatible equipment, prior to the October 2017 liability shift on the forecourt. The method of enforcement shifts the burden for fraudulent payment card transactions from card issuers to retailers.
“We are honored that National Wholesale Fuels has chosen Patriot Capital as their endorsed equipment financing partner,” said Chris Santy, president of Patriot Capital. “Our team looks forward to helping NWF’s dealers achieve their business goals and deliver the needed equipment financing options that allows for an easy upgrade of their site equipment, including dispensers and POS equipment.”
Patriot Capital, a division of State Bank & Trust Co., specializes in providing equipment financing in the retail and commercial fueling verticals and other retail and manufacturing industries. Working with its customers to enable them to optimize their financing and capital structures, Patriot Capital 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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