Technology/Services

Veeder-Root Teams Up With Patriot Capital

Providing 0% interest financing with free installation for TLS-450 upgrades

SIMSBURY, Conn. -- Veeder-Root, a leading supplier of automatic tank gauges (ATGs), recently announced that it is offering 0% financing with free installation for upgrades to the TLS-450 tank monitoring system through a new partnership with Patriot Capital Corp., a leader in financing retail and commercial petroleum equipment.

With more than 100,000 ATG's installed in North America, Veeder-Root is aware that retail and commercial fueling site owners want their Veeder-Root automatic tank gauge to be more than a compliance tool. Site owners want features such as high-speed connectivity, remote data management and ample data storage. The TLS-450 provides features such as three years of data storage, Ethernet connectivity and access from any major web browser, coupled with attractive financing options for customers to upgrade their equipment.

"We understand our customers' need to drive productivity through their fueling operations and feel the TLS-450 is the best choice today, and for the future. To help site owners take advantage of the TLS-450,Veeder-Root partnered with Patriot Capital because of their industry knowledge, expertise and outstanding reputation for fast and focused service," said Kevin Hughes, vice president of marketing at Veeder-Root.

Chris Santy, president of Patriot Capital, said, "Veeder-Root wants to make it as easy as possible for customers to acquire the state-of-the-art TLS-450 tank monitoring system. By partnering with Patriot Capital to offer a true 0% interest finance program, it's clear that Veeder-Root is committed to helping their customers acquire, and their distributors sell, the TLS-450 system. We're pleased to partner with Veeder-Root by providing the financing for this program."

Simsbury, Conn.-based Veeder-Root is part of Gilbarco Veeder-Root, Greensboro, N.C., a worldwide technology leader for retail and commercial fueling operations.

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