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Ascentium Capital, DRB Systems Launch Finance Program

August 31, 2017, 07:12 AM
Filed Under: Vendor Finance News

DRB Systems, a trusted leader and innovator in the car wash industry, has joined with Ascentium Capital to develop a customized financing program aimed at helping car wash operators grow their businesses. The program is open to new or existing customers of DRB Systems or Unitec, who have been in business at least two years and are considering new equipment or upgrades from a few thousand dollars up to $250,000. Popular products like DRB's Growth Suite are easy add-ons to a customer's existing SiteWatch® POS system under this financing arrangement.  Payment structures are competitive combined with a streamlined process including a one-page application with most credit decisions within two to four hours.

The DRB Systems Growth Suite™ (XPT® Xpress Pay Terminal®, FastPass® RFID system and Unlimited Monthly Plans) builds stable, reoccurring revenue by providing the equipment and software needed to implement and market successful unlimited wash programs.  DRB Systems customers who have added the Growth Suite have seen extremely positive results.  A recent example of optimized Growth Suite success is from a major Northeast car wash that realized a 186% increase in monthly plan sales in just under two months. 

"Our financing program with Ascentium allows customers from both of our leading brands to easily purchase products with no money down while budgeting manageable monthly payments," states Joe Shoemaker, VP of Marketing for DRB Systems and Unitec.  He continues, "For our customers who have thought about expanding or upgrading their on-site experience through better automation, faster and easier customer processing or increased monthly plan sales, this financing option is a wonderful way to get the industry-leading products needed for the job without leveraging the business."

"We're excited to work with DRB Systems and offer our award-winning finance platform," comments Len Baccaro, Senior Vice President of Sales at Ascentium Capital. "The specialized car wash team at Ascentium is focused on providing solutions that enhance the profitability for our clients. It's rewarding to see our organizations come together and develop a comprehensive finance program dedicated to the success of DRB Systems and their customers. "

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