LISLE, Ill. -- Clark Crown Brands LLC has announced two new enhancements to its existing point-of-sale (POS) upgrade program. Clark and Crown fuel marketers can now access zero-interest program financing through a new alliance with Patriot Capital, a leader in equipment financing solutions for fuel marketers.
Clark’s unbranded dealers may also obtain POS financing through Patriot Capital at rates starting at 1.9%.
In addition, Clark Brands have also extended the special pricing and subsidy program through Jan. 31, 2016. Fuel marketers can take advantage of the subsidy program or may elect to apply the savings towards buying down the interest and pay over time through Patriot Capital.
“We believe that these enhancements help marketers address the pressing needs of keeping up with the latest technology and operational best practices while providing cost effective solutions to our customers,” Stephen Ruch, Clark Crown’s CEO said.
“We are excited to enter into an exclusive agreement with Clark Brands to provide exclusive equipment financing services to their C-store dealers,” said Chris Santy, president of Patriot Capital. “This partnership allows their dealers to continue to upgrade fueling and marketing infrastructure and equipment at their sites. In addition to the special offer related to point-of-sale upgrades, we can also help Clark’s dealers finance other improvements—including gas dispensers, price signs, underground storage tanks and other equipment work—at competitive rates.”
Lisle, Ill.-based Clark Crown Brands has more than 90 years of experience in gasoline marketing and owns and licenses the Clark and Crown fuel brands, as well as, the On The Go, Fast Fare and Express Mart convenience-store brands to fuel and lube oil marketers. Clark Crown also processes payments transactions for Clark, Crown and independent gas stations in 29 states and the District of Columbia and the lube oil brands are marketed both domestically and internationally.
Patriot Capital, Atlanta, specializes in providing equipment financing in the retail and commercial fueling verticals and other retail and manufacturing industries. It is a major provider of capital equipment financing and leasing to National Association of Convenience Stores (NACS) and Society of Independent Gasoline Marketers of America (SIGMA) members.
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