Partnership creates financing resources for forecourt and in-store EMV upgrades across dealer network
ATLANTA, GA — March 8, 2016 — Atlanta-based Patriot Capital, a leader in innovative financing solutions for fuel jobbers and retailers, announced today a strategic financing relationship with U.S. Oil, a leading fuel distributor.
U.S. Oil retailers, whose brands include Shell, Sunoco, BP, ExxonMobil, Phillips 66, Marathon, Clark and CITGO – will have access to a range of dispenser and POS (Point of Sale) financing programs to upgrade their forecourt and in-store equipment. These programs assist C-Stores in meeting the shift to accept EMV payment at the gas pump and in-store, and also as a means of meeting consumers’ demands for better conveniences and technologies, both in-store and at the pump.
“Patriot Capital’s ability to provide financing that meets the diverse needs of our dealers and their proven track record of quick financing approvals, competitive financing rates and a strong customer service orientation all contribute to making Patriot Capital a strong partner for C-Store Owners,” said Steve Quinette, V.P. Branded Fuels for U.S. Oil. “The extension of our partnership with Patriot Capital gives our dealers the ability to continue to effectively invest in their businesses.”
“Expanding our financing partnership with U.S. Oil is a logic evolution of our longstanding relationship,” said Chris Santy, President, Patriot Capital, a division of State Bank and Trust. “We are flattered to be chosen as a trusted financing partner for products including dispensers, point of sale, ATGs and underground storage tanks.”
About Patriot Capital
Patriot Capital, a division of State Bank and Trust Company, specializes in enabling entrepreneurs to succeed by providing access to hassle free equipment financing and SBA loans in the retail and commercial fueling verticals and other manufacturing industries. Working with its customers to enable them to optimize their financing and capital structures, Patriot Capital is the leading provider of capital equipment financing and leasing to NACS (National Association of Convenience Stores), PMAA (Petroleum Marketers Association of America) and SIGMA (Society of Independent Gasoline Marketers of America) members. Member FDIC.
About U.S. OilU.S. Oil, a division of U.S. Venture, Inc., is recognized by customers and partners for its value-adding approach in the distribution, marketing, trading and operations of fuel and renewable energy products in United States and Canada.
Contact: Patriot Capital, a division of State Bank and Trust Company Richard Browne, Vice-President Marketing, Cell: 404.977.1251 Email: [email protected] Follow Patriot Capital on Twitter @PatriotCapital
Contact: U.S. Oil, a division of U.S. Venture, Inc. Tracy Williams-Prince, Marketing Manager Cell: 920-257-8533 Email: [email protected]