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Patriot Capital Launches Financing Program For Fuel Retailers, C-Store Operators

June 02, 2015, 06:35 AM
Filed Under: Vendor Finance News

Patriot Capital Corporation announced financing incentives starting at 1.9% for fuel retailers and C-store operators who wish to upgrade their dispenser and payment technologies using Gilbarco Veeder-Root products.

Patriot’s partnership with Gilbarco offers equipment-financing rates of 1.9% on a 24-month equipment financing term. Low rates are also 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%.

“Many of Gilbarco’s customers are looking at the EMV 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, Payment & Market Applications for Gilbarco Veeder-Root.

Retailers can easily purchase offerings – like Encore dispensers with Applause TV media technology –using Patriot Capital Corporation’s hassle-free, flexible financing process.

“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,” said Chris Santy, President, Patriot Capital Corporation. “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.”

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