Veeder-Root and Patriot Capital Partner To Offer Deeply Discounted Financing On The TLS-450Plus

Petroleum marketers can unlock deeply discounted long-term financing programs of 2.9% and 4.9% on TLS-450PLUS from Veeder-Root

ATLANTA, GA – May 1, 2015 -- Atlanta-based Patriot Capital, a leader in innovative equipment financing solutions, today announced deeply discounted financing on the TLS-450Plus, Veeder-Root’s automatic tank gauge for fuel retailers who want to upgrade.

Through an exclusive partnership with Veeder-Root, Patriot Capital is offering petroleum retailers and dealers financing deals of 2.9% on a 36-month financing term, and 4.9% on a 60-month financing term.

“Cash flow is a critical part to success in any small business,” said Veeder-Root’s Kurt Witzgall, Director, Channel Management.. “In response to requests from both fuel jobbers and C-store operators, we’ve developed this program to enable them to utilize our leading edge gauging product and benefit from cash flow optimization at exceptional financing rates.”

The Veeder-Root TLS-450PLUS automatic tank gauge offers petroleum retailers and commercial fueling sites a level of comprehensive fuel site data needed for advanced fuel asset management. The ATG’s remote connectivity means that fuel retailers have 24/7 access to wet stock management and leak detection information, from the underground storage tank to the fuel dispenser.

"Veeder-Root knows that its TLS-450PLUS can offer both immediate and lasting benefits that can be measured in a fuel retailer’s bottom line. That’s why they want to make it easy for any petroleum dealer to obtain this cutting-edge gauge,” said Chris Santy, President, Patriot Capital. “With interest-rate increases looming on the horizon, we are pleased to offer low-cost deals now so fuel marketers can obtain the financing they need, with a minimal amount of hassle and maximum amount of flexibility.”

 

About Patriot Capital

Patriot Capital specializes in enabling entrepreneurs to succeed by providing hassle free equipment financing to retailers in the convenience store and retail petroleum fueling industries. Patriot has been recognized as Best in U.S. by the PMAA, Petroleum Marketers Association of America.

Working with our customers to enable them to optimize their capital structures, Patriot Capital is the leading provider of capital equipment financing and leasing to NACS (National Association of Convenience Stores) and SIGMA (Society of Independent Gasoline Marketers of America) members. For additional information, please visit www.patriotcapitalcorp.com. Patriot Capital is headquartered in Atlanta, Georgia.

About Veeder-Root

Veeder-Root [www.veeder.com] is a leading global supplier of automatic tank gauging, fuel management systems, and stage II vapor recovery solutions, and includes the Red Jacket® brand of submersible pumps and pressurized line leak detectors. Veeder-Root and Red Jacket are market-leading brands with a tradition of excellence in the petroleum industry.

Follow Patriot Capital on Twitter @PatriotCapital

 

Contact:

Patriot Capital

Richard Browne, Vice-President Marketing

Cell: 404.977.1251

Email: rbrowne@patriotcapitalcorp.com

 

Veeder-Root

Russell Diemer, Veeder-Root 

Phone: 860.463.9110

Email: rdiemer@veeder.com 

3565 Piedmont Road, NE Building 1 Suite 430 Atlanta, GA 30305 877-527-0383