Financing FAQs

C-store financing presents a range of options. Please find below the answers to common questions about the advantages of financing your gas pumps, LED’s, POS, and other convenience store and commercial fueling equipment.

Common questions about financing gas pumps, LED lighting, and other convenience store and fueling equipment

How can I compare the true cost of financing or leasing for gas pumps, point of sale (POS), or underground storage tanks?

If someone suggests that they can give you financing on your convenience store equipment purchase that sounds too good to be true, it might well be. There are financing promotions offered by major manufacturers of dispensers, POS, and tank gauge equipment, such as Gilbarco or Veeder-Root. These offers are legitimate and provide an opportunity for fuel retailers to benefit from low financing or leasing rates for fuel dispensers, LED upgrades, beer caves, and other convenience store equipment. With any financing offer, be sure to ask for and compare the following items:

  • What is the monthly payment for this equipment financing agreement?
  • Does the monthly payment change at any time?
  • What payments are required up front?
  • When are these payments required?
  • What payments are required at the end of the financing agreement term?
  • What is the true term of the loan – how many payments are there in total?
  • Do I have clear title to the equipment following the final payment?
  • Are there any other costs or fees that I should be aware of?
  • If you are offered “free” equipment, would your interest be better if you didn’t accept the “free” equipment?
  • If you are offered a promotional interest rate for a limited time, such as $100/month for 120 days, are you charged interest during this promotional period that is then included in the total amount financed?
  • What is the true cost of the promotional rate?
  • Does the financing firm have a long history in the petroleum industry, and are they able to supply references of local customers?
Is my lease transferable?

Yes, as long as the new lessee’s credit qualifies and their application is approved.

What is the average length of a C-store equipment-financing contract or capital equipment lease?

The most popular terms for financing gas pumps range from 24 months to 60 months, with 60 months being the most common term for financing gas pumps. Financing LED’s and POS is usually done for 24 – 36 months, but can be done for longer periods. Underground storage tank financing is usually done for a period of 5 years, the term for UST’s varies based upon the scope of the project. In-store equipment, car washes, and other fueling equipment financing terms usually range from 2 years to 5 years. Longer financing terms, up to 84 months, can be arranged on certain fueling and C-store equipment based on an applicant’s credit history.

How long does the entire leasing process take for convenience store equipment?

24-72 hours for most transactions.

How do I apply for point of sale (POS) financing for Gilbarco Passport, VeriFone Commander, or other point of sale systems?

Financing with Patriot Capital is a simple 3-step process:

  1. Complete our online application form by clicking here or complete and fax the form you can download by clicking here.
  2. Get approved and notified of the financing amount you are approved for. This amount may include POS system, installation, training, and other related expenses.
  3. Finalize financing when equipment is installed.
Is EMV for gas pumps a required mandate?

The EMV mandate for gas pumps is a liability shift, not a requirement. What this means is that after October 2017, the retailer is liable for fraud charges related to transactions with EMV or chip cards. If a chip card is presented and processed with an EMV chip reader at the gas pump, in most cases the liability will not be with the retailer. If the chip card is used to purchase gasoline at a gas pump, and the pump cannot accept a chip card, the liability will be with the retailer. For more information on em liability at the gas pump, please click here.

What equipment does Patriot Capital finance for gas stations and fuel marketers?

Does Patriot Capital finance underground storage tanks (UST’s) and the related site improvement work?

Yes, Patriot finances underground storage tanks and the related work that is required to upgrade a storage tank to meet UST regulations from the EPA or state regulations. If you are planning on upgrading the underground storage tanks at a current fueling location, or are planning on installing UST’s, please contact us to discuss financing your storage tank program. Did you know there are an estimated 571,000 underground storage tanks in the U.S.? For more information on EPA regulations, please visit the EPA website. For more information on UST’s by state, please visit the EPA’s state directory.

Does all equipment that Patriot finances have to come from the same equipment manufacturer?

Patriot Capital routinely structures financing involving multiple brands of fueling equipment and payment systems. Patriot Capital finances dispensers from Gilbarco, Gasboy, Wayne Fueling, and Bennett; point of sale from most major POS companies, including Gilbarco, Verifone, Radiant, Retalix, and Wayne Fueling; LED lighting from LSI, Acuity, and Cree lighting; fleet fueling systems from Gasboy, Gilbarco, and Fis-cal.

In addition to c-store equipment such as fuel dispensers and gas pumps, point of sale systems, LED’s, and UST’s, what other equipment does Patriot Capital finance?

Patriot finances most equipment used inside a convenience store and on the forecourt. This can include financing beer caves, price signs, tank gauges (ATG’s), underground tank work, and other equipment upgrades, including upgrades to comply with EMV on gas pumps and point of sale.

In addition to financing c-store equipment, Patriot finances the related costs such as shipping, taxes, and installation for most gas pumps, LED’s, POS, and other convenience store and gas station equipment needing financing.

Does Patriot finance equipment for both Fuel Jobbers and Retail Dealers?

Yes we finance fuel jobbers, convenience store owners, and commercial fueling sites including card locks.

70% of our leases or loans are with jobbers and 30% are with dealers.

Can I finance EMV retrofit upgrade kits for my existing gas pumps?

Yes, Patriot finances EMV CRIND retrofit kits for all major brands of dispensers, including Gilbarco Encore 700, Encore 500, Encore 300, and Advantage; Wayne Ovation and Wayne Vista; Tokheim and Bennett Pacific gas pumps. In some situations, financing an EMV retrofit kit may be more practical than replacing your current gas pump.

Does Patriot Capital finance commercial dispensers and fleet fuel controllers for municipalities, mining, and distribution centers?

Yes, Patriot is a leading supplier of leasing and financing services to commercial fueling sites and truck-stops. Patriot finances a wide range of equipment for commercial sites, including underground storage tanks, above ground storage tanks with dispensers, and fleet management systems. Typical dispensers that are financed included Gasboy, Bennett 3000 series, and Wayne Fueling Reliance Fleet Fueling Dispensers.

Can I finance DEF (Diesel Exhaust Fluid) fuel dispensers with Patriot Capital?

Yes, the majority of trucks operating in the U.S. now require DEF to meet federal air quality standards. Patriot Capital finances everything that is needed in upgrading a truck-stop or commercial fueling site to dispense DEF. These upgrades can include ultra-high flow dispensers, dedicated DEF dispensers, upgrades to underground storage tanks to hold DEF, or the addition of above ground storage tanks. DEF dispensers from Gilbarco Veeder-Root, Wayne Fueling, and Bennett may be financed. If you are considering a loan for a DEF upgrade, equipment financing may be a more effective form of providing the funds needed to purchase and install the dispensers, DEF storage tanks, and other needed equipment.

Can I finance CNG dispensers with Patriot Capital?

Yes, Patriot Capital is experienced in all areas of financing commercial and retail fueling equipment. Our partnerships with many of the CNG industry leaders, including ANGI, provide us with insights into the operations of a CNG fueling site that firms not focused on loans or financing to our industry may not have.

Our financing for CNG fueling equipment extends beyond CNG compressors and CNG storage. Retailers can also include related site work, shipping of equipment, and taxes. Patriot is experienced in financing both commercial CNG filling sites and retail CNG stations, including CNG at truck-stops. If you are considering a traditional loan or other method of borrowing, contact your local Patriot representative to learn more about the advantages of equipment financing as a means of funding your CNG equipment.

How can I finance E15 dispensers, E85 fuel dispensers, or other alternative fuels gas pumps?

Financing alternative fuels gas pumps is straightforward with Patriot Capital. Financing rates for ethanol fuel pumps are based on similar factors as financing for standard gas pumps or diesel pumps. The factors that determine financing cost include the site's volume, owner's time in business, and the length of time the site has been owned by the current owner.

Patriot is able to finance E85 for municipal, state, and federal governments, including public vehicle fleet refueling and government vehicles that require ethanol fuel.

Patriot has a 0% gas pump financing program with Protec Fuels to assist with upgrading sites to dispense ethanol fuels. For further details, please click here. This program provides 0% financing for E85 and E15 dispensers, underground storage tank (UST) modifications. It also provides 0% financing for ethanol signage, updating point of sale, or other site equipment to handle E15 and E85 or other ethanol blends, and may help finance additional site modifications for handling ethanol fuels.

Can I finance aviation fueling equipment with Patriot Capital?

Yes, you can finance aviation fueling equipment from firms such as Beta Aviation Fueling Systems. Patriot’s expertise in financing fueling equipment extends to all areas of commercial and retail fueling, including AVGAS and other more exotic fuels.

How does Patriot Capital's financing process work?

Why should I trust Patriot Capital with my financing?

As a division of State Bank and Trust Company, Patriot is a publicly traded company that is bound by U.S. Securities and Exchange Commission regulations.

Patriot Capital is among the highest rated companies in the equipment financing business, focused on customer satisfaction and customer service. In recognition of these values, in 2017, the Petroleum Marketers Association of America (PMAA) honored Patriot Capital as “Best in the U.S.” for equipment financing for the third consecutive year.  (BEST logo)

Our experience and expertise in the convenience store and commercial fuel industries allows us to understand your challenges and goals.

Patriot Capital is the leading provider of capital equipment financing and leasing to National Association of Convenience Stores (NACS) and Society of Independent Gasoline Marketers of America (SIGMA) members.



What interest rates will I pay for financing or leasing fueling equipment such as gas pumps from Patriot Capital?

The interest rate that you will pay to finance equipment depends on a number of factors. In developing a financing quote for your purchase, the following factors are considered in developing your financing proposal. These factors include:

Type of equipment.

Fuel dispensers, commercial gas pumps and card locks, point of sale (POS), underground storage tanks (UST’s), tank gauges (ATG’s), and beer caves all have different life expectancies and other variables that can impact the cost of your equipment financing.

Size of financing transaction. 

The size of the financing transaction impacts the interest rate, for example, a single point of sale system valued at $12,000 will have a higher financing cost than the same POS system financed with 6 fuel dispensers and an upgrade to underground storage tanks.

Financing Costs. 

Financing costs will be impacted by the c-store owner’s credit history and quality of credit. Favorable items include factors such as a long time in business and a consistent history of on time payments. Unfavorable items can include delinquent payments or outstanding judgments. 

Terms of Agreement.

The term of a financing agreement or lease also impacts the cost of financing equipment. Generally, a shorter financing term results in a lower rate. Patriot was founded in 2000 and has consistently grown due to our ability to offer competitive financing and leasing rates to fuel jobbers and marketers in the c-store and commercial fueling businesses.

What interest rates will I pay for financing or leasing LED lighting from Patriot Capital?

Financing LED lights is straightforward with Patriot Capital. The average term for LED lighting is 3 years. Combining financing with grants from utility companies can be a powerful way to improve a c-store's cash flow and capture the energy savings of LED lights.

Retailers have the option of combining their LED upgrades with other site upgrades, such as EMV gas pumps or EMV POS upgrades. Combining transactions has the benefit of lowering interest rates and/or extending the term of a financing contract. This is due to the larger transaction size that results from combining LED financing with other c-store equipment.

What is Patriot Capital’s average financing deal size for convenience stores?

The average transaction we fund is $85K.

We will fund equipment deals from $10K – $2M+.

How long does the process take for financing gas pumps and other convenience store equipment?

24 – 72 hours for most transactions.

What does Patriot Capital require as collateral for equipment financing?

In financing your c-store equipment, the only thing we take as collateral is the equipment, such as the gas pumps or point of sale that we are financing, and generally the signature of the owner of the business.

Does Patriot Capital handle filing the UCC’s on the financed equipment?

Yes, we handle filing the UCC’s on the financed equipment.

Section 179 / Tax Incentive Questions

What is Section 179?

Section 179 is a portion of the federal tax code that allows small businesses – including many c-store owners and fuel marketers — to accelerate the depreciation of their capital and equipment spending (and even some business software) into the current tax year.


Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

What does the "2017 Tax Cuts and Jobs Act" mean for Section 179 depreciation?

The tax reform act signed in December 2017 expands the maximum Section 179 deduction from $500,000 to $1,000,000.  This limit for Section 179 is also indexed for inflation starting in 2019.  Now, c-store owners and fuel marketers can deduct 100 percent of their investment — up to the $1,000,000 ceiling – in the year in which the equipment is purchased and put into service.  Section 179 and Bonus Depreciation are tax deductions that apply to most fueling equipment, including gas pumps, EMV upgrades, underground fuel storage tanks and QSR restaurant equipment.


Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

What types of equipment purchases are considered deductible under Section 179?
  • EMV equipment upgrades, including EMV pumps, EMV retrofit kits, and point of sale upgrades
  • In-store equipment such as beer caves or fixtures
  • Energy efficiency improvements, including LED lighting and HVAC equipment
  • Commercial fueling equipment, including pumps and tanks
  • DEF and AdBlue equipment for truck-stops and commercial fleet operations

Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

What are the benefits of Section 179 accelerated depreciation?

For a business with $300,000 in spending, for example an EMV dispenser upgrade and UST (underground storage tank) work, if the business is in a 35% tax bracket the benefit could be $105,000.

Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

What is "bonus depreciation"?

In addition to the Section 179 deduction, Congress has as part of the tax reform act extended until 2026 a "bonus depreciation" provision which the unlimited or uncapped deduction of capital equipment spending in the current tax year at 100 percent of the spend. That percentage is reduced through a phase out provision between 2023 and 2026.

Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

Why should I take advantage of the Section 179 Deduction and Bonus Depreciation?

The combined impact of the accelerated depreciation tax benefits can be substantial. For example, a purchaser of $600,000 in fuel dispensers, EMV upgrades, and LED lighting fixtures is able to deduct the full $600,000 of that purchase (compared with $85,174 without the tax benefits) in the year of purchase. Assuming a marginal tax rate of 35 percent, the net first-year cost of that equipment – helped by the Section 179 or Bonus Depreciation benefit – is effectively $404,999.

As a side note, capturing 100 percent of the available depreciation in the first year is a strong incentive to act now to buy your new EMV-enabled equipment, especially in an environment where technicians will be in short supply during the EMV upgrade cycle.

Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

Why did Congress expand Bonus Depreciation and Section 179?

This tax incentive is intended for to encourage businesses to invest in upgrading their equipment and processes. The improved cash flow from accelerated depreciation improves the return on investment (ROI and ROIC) for businesses.  

Combining financing or leasing with bonus depreciation is a strategy that can make upgrading your gas pumps or c-store an easier to manage investment.

As always, you should consult with your financial advisor to ensure any of the incentives are appropriate or applicable for your business.

Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

Are there alternative fuel tax incentives that I can use to upgrade for E-85, bio-diesel, DEF or other alternative fuels ?

Yes, there are some alternative fuel infrastructure tax credits.  These deductions vary by fuel type and state.  If you are considering upgrading your site to offer alternative fuels, including E-85, E-15 or DEF pumps, we encourage you to discuss with your distributor and accountant available incentives in your area. 

Alternative fuels that may qualify for tax credit include E-85, DEF, propane, biodiesel (20% minimum), and liquefied hydrogen. 

Patriot Capital, a division of State Bank and Trust Company, does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

Questions about Patriot Capital

What makes Patriot Capital different than other firms that finance gas pumps or c-store equipment?

Patriot Capital was founded in 2000 with the goal of providing hassle-free financing to the petroleum industry. Our business has grown into the leading supplier of financing for fuel dispensers, point of sale equipment, automated tank gauges, and other convenience store equipment financing as a result of our customer-first focus. Many of our customers are repeat customers, who we have partnered with to help them continue to grow the value of their business through optimization of their capital resources.

Patriot was recognized by the Petroleum Marketers Association of America (PMAA) as the Best in US for equipment financing. We are honored to be recognized by the convenience store operators, fuel jobbers, wholesalers, and commercial fueling operators that are members of PMAA and the state associations that support PMAA.

Where can I locate my Patriot Capital sales representative?

Patriot Capital has equipment financing experts located across the United States. You may find your local financing expert by clicking here.

Questions about SBA Lending

What types of businesses/industries can benefit from the SBA loan programs?

Most small owner-operated business can benefit from SBA loans.

Are there specific items that can be financed with an SBA loan?

Most ordinary assets – including real estate, buildings, furniture, fixtures, and working capital – can be financed through an SBA loan. Most capital and many expense items needed for businesses can be financed, with only a few exceptions.

Can I use SBA financing to acquire an existing business?

Yes. SBA loans can be used to finance the purchase of an existing business or to finance a franchise.

How long does the SBA loan application and financing process take?

Like most things, it depends on the type of transaction and how responsive the borrower is. The timing is comparable to conventional financing. If you’re buying real estate, third-party services, like an appraisal, can delay or slow down the process a little bit. If a borrower is responsive in getting us the information we need, it could be as short as a few weeks. If it’s a complicated transaction, it may take 4 to 6 weeks. Typically, SBA loans take anywhere from 3 to 6 weeks to be funded, depending on the transaction.

How much can be borrowed through SBA programs?

We can finance up to $5 million through the SBA loan program. Generally, smaller amounts, under a $100,000 loan amount, may not make sense due to the time and associated costs of an SBA loan. In this case, an alternative financing vehicle, such as equipment financing, may be a more effective form of borrowing. SBA loans are designed to provide enough capital to acquire or operate a small to mid-size businesses for most purposes. Patriot Capital offers conventional equipment financing that’s suitable for a small or mid-sized equipment purchase.

What are the terms for an SBA loan? How long will I have to pay off the loan?

SBA defines the terms based on the use of the proceeds, so it depends on what you’re financing. If you’re buying a long-term asset – for instance, if you’re buying a building for your business – you can get up to a 25-year fully amortizing loan. It’s a 25-year commitment, and you do not have to worry about refinancing, you just make your payment every month for 25 years, and it’s paid in full. If it’s a business acquisition or soft asset – maybe furniture or fixtures – those might be a 5 or 10-year borrowing term.

When would an SBA loan be a more attractive form of borrowing than conventional financing or leasing?

One of the things that makes SBA loans attractive is, if you go get a conventional loan from your bank to buy a gas station or small business, generally, they might give you a 25-year amortization but it will be a 3 or 5-year loan term that you have to renew at the end of the term. You would have to renew your loan every 3 or 5 years. Whereas, with the SBA, it’s one and done – once you get the loan, as long as you make the payments, you don’t have to think about it again.

How much experience does State Bank & Trust have with SBA loans?

State Bank and Trust Company has been doing SBA loans since our inception. We have members of our team who have been doing SBA loans for 20 years or more. State Bank has dedicated SBA underwriters, SBA-dedicated approvers, packagers, and closers, which gives us a competitive advantage. A lot of our peers offer SBA as an additional product within their commercial underwriting, but we specialize in it. We have SBA-dedicated people, and that’s all they do, which typically means we can do it quicker with less complications.

We are an approved PLP, which is the SBA Preferred Lenders Program. This preferred lending status allows us to be able to make decisions on behalf of the SBA which can result in a significantly shorter funding cycle.

How did State Bank & Trust become a preferred SBA lender (PLP)?

The SBA has a formal review process, which includes ongoing audits by the SBA, and other reviews. We have had to demonstrate to the SBA that we know what we are doing and understand all the SBA lending rules; we had to earn the ability to underwrite on their behalf. The advantage to being a PLP is that we don’t have to submit everything to the SBA and wait for them to provide approvals. We aren’t an intermediary, you’re dealing with us directly and we represent the SBA.

Will State Bank & Trust help me collect all the documents needed to apply?

Most of the documents are standard underwriting documents you would need for any commercial loan. It’s really a misnomer that the process is so much more difficult than a conventional loan, although there are certain documents that are specific to the SBA that are not required in a traditional loan. We work very closely with our clients to make it as easy as possible. Instead of giving you a large stack of documents and saying ‘we’ll work on it once you get all this back to us,’ we treat it like a traditional commercial loan and deal with the documentation in incremental portions along the way. This way, you’re not overwhelmed with a giant stack of paper. There are some key documents we need early on, so we address those early. We have significant SBA underwriting experience; we know exactly when certain documents may be an issue so we can stay on top of that and make it a smooth process for the client.

Can I still qualify for an SBA loan if I have existing conventional financing debt?

Yes. However, there is something called ‘credit elsewhere.’ If you have enough financial wherewithal that there’s readily available financing conventionally, you may not be eligible for SBA financing. SBA loans are there to help small businesses that may have a challenge getting financing, not necessarily because of bad credit, but possibly because of a low down payment or high loan-to-value collateral scenario which makes it difficult to obtain conventional financing. SBA financing is there to fill a lending gap. It’s there for the business that needs a little help.

You could have a conventional loan and you’re buying a second business and don’t have as much money to put down as your local bank may request; that might be a good scenario for an SBA loan.

Does my personal credit score affect my ability to qualify for an SBA loan?

We don’t use a specific scoring model, so a specific credit score will not keep you out of SBA programs. Your personal credit does come into play as one of many factors in underwriting the loan. We do have customers who have low credit scores, but they are very well explained. For instance, a medical collection that’s on a payment plan could bring your credit score down to a lower-than-typical mark, but it’s very well documented. For example, you were in a car accident, you incurred this expense, you negotiated a payment plan, and you’re making those payments. We can document this, and can possibly do that loan.

If you just have bad credit because sometimes you pay your bills on time and sometimes you don’t, you’re probably not eligible for a SBA loan. If you have previously defaulted on a government-guaranteed debt, if you defaulted on a student loan, or you defaulted on a prior SBA loan, you’re not going to be eligible for an SBA loan.

Are SBA interest rates competitive compared with conventional financing?

Interest rates for any lending is based upon risk and return. SBA loans are typically a little riskier, that’s why they have a government guarantee associated with them. Therefore, the rates are a little bit higher, but they’re not high when compared with what a person may be quoted for a similar conventional loan given their scenario [such as low down payment available, long term needed, high loan-to-value ratio and amortization factors].

Our pricing is fair for the market – it is market [rate] for that type of transaction. Generally our rates will vary anywhere from Prime plus 1.50% to Prime plus 2.75%. In the grand scheme of things, that’s fairly competitive pricing.

People are often willing to pay a little bit more in terms of the interest rates of an SBA loan because they don’t have to put quite as much money down. Once they have the loan, they’re all set, they can forget about the financing, and just make their payments, and go on about running their business.

Why should borrowers choose State Bank and Trust Company over another SBA PLP?

Firstly, we’re a dedicated SBA shop. With a lot of the other lenders, your bankers aren’t dedicated SBA bankers. Secondly, we are a large community bank, so we have very much the community bank mentality with our borrowers. We want to sit down and figure the scenario out, understand who our borrower is, hear their story, and understand why this transaction makes sense. We tend to try to be smarter lenders, not necessarily the spreadsheet-based, ‘plug it in a formula’ kind of lender. We don’t have a box that all of our borrowers need to fit into. We try to understand and evaluate each transaction for what it is. That’s true for our bank whether it’s SBA or conventional lending. It’s one of State Bank’s main tenants, which tends to serve us well out in the lending market.

How does the relationship between State Bank and Trust and Patriot Capital help borrowers?

State Bank’s SBA PLP capabilities work in conjunction with Patriot Capital’s equipment financing, making us pretty unique in the market. Having an SBA lender and an equipment finance lender working together is unique, and a pretty neat offering. Sometimes the borrower has a mortgage on his property that he’s happy with, but he needs an equipment material purchase, and Patriot’s going to excel at that. In another scenario, a borrower needs to buy equipment but he also needs a long-term permanent debt on the property; that may be a great loan for State Bank SBA to handle. It’s not so much that we would both finance the same project, although that could happen; it’s that we have the ability to analyze your needs and recommend the best financing solution for your business. If you’re putting in LED lights and you need a 3-year note to do that, Patriot Capital can provide an approval in a couple of days. If your need is more complicated, for example, if your company’s been running a business such as a hotel, or restaurant, or convenience store as a tenant for the last 5 years and you want to buy it from the owner, including the land and fixtures – then you’re probably going to talk to us on the SBA side, where we can do the whole transaction. We’ve got you covered; you call us, and we can cover any end of the financing spectrum.

If I’m interested in learning more about an SBA loan, how do I get started?

You may contact our SBA loan officers at (800) 414-4177 or learn more by clicking here – State Bank SBA information

Hospital/Medical Center Focus

Does Patriot Capital offer financing fuel storage tanks for emergency generators at hospitals and, medical centers or convenience stores?

Patriot Capital offers a variety of financing opportunities for hospitals and medical centers with on-site fuel storage tanks for their back-up and emergency power generating systems. Federal law requires hospitals in many regions throughout the U.S. to have the capacity to provide backup power for up to 96 hours in the case of a power outage, requiring many medical facilities to maintain large on-site underground fuel storage tanks that are subject to the new, stricter Environmental Protection Agency (EPA) storage tank rules instituted in 2015. Patriot Capital offers financing options that do not encumber the entire property; using only the financed equipment as collateral means no liens on real estate or structures.

Can Patriot Capital help hospitals and medical centers with financing on energy-saving LED lighting?

Government and industry studies have concluded that better outdoor lighting improves security and reduces crime. In addition, updating parking areas with LED technology can reduce energy costs by up a third or more compared to fluorescent, halogen or incandescent lighting. Patriot Capital offers a variety of financing options to assist hospitals and medical centers in updating to LED lighting, with 12- to 60-month terms available and no blanket property liens.

Does Patriot Capital offer financing for medical centers and hospitals to avoid liability for fraud by updating payment terminals to accept EMV credit and debit cards?

Hospitals and medical centers must update their point-of-sale (POS) systems to accept EMV “chip and PIN” cards to avoid responsibility for credit card fraud. New rules that took effect in October, 2015, allowed bank and other credit- and debit-card issuers to shift liability for fraudulent purchases to the merchants – including hospitals and medical centers. Patriot Capital offers a variety of financing options to hospitals and medical centers to assist in the purchase and installation of EMV card readers to replace the outdated magnetic-strip POS systems and avoid liability for fraudulent payments.

Patriot Capital - 1200 Ashwood Parkway
Suite 570, Atlanta, GA 30338 877-527-0383