Patriot Capital Corporation
Patriot Capital is dedicated to the financing needs of the retail and commercial petroleum industry, including municipal, fleet fueling, CNG/LNG, as well as other alternatives.
Fast and Affordable financing solutions to the retail and commercial petroleum industry since 2000.
Our Portfolio of retail and commercial petroleum equipment is the largest in the industry, comprising over 3500 customers. We’ve funded over $250 million in equipment such as dispensers, POS, UST, canopies, carwashes, etc.
Who We Are
AssociationsTrade | Manufacturer | Major Oil
Putting The Pieces Together
Benefits of Financing on Behalf of your Dealers
I’ve been working with Patriot Capital for almost six years now. I use them to finance nearly all of my equipment acquisitions. Their knowledge of the petroleum industry is second to none, their turn-around time is excellent, their customer service is always focused and helpful, and their lease financing products keep my lines of credit clear for appreciating purchases. They really deliver true value for my business.
Barry BierenbaumMt. Express Oil Company
Extended supply contractsPass on competitive cost of capital or turn it into a mini profit-center.
Properly doc and control equipmentTake emphasis off pennies over rack price contracts and provide full service solutionEnsure that your dealers are up to specs that you expect and your MOC requires.Retain control of equip to protect yourself
from competitor brand switchingMaximize your own tax savings such as
Section 179 & Bonus Depreciation
Use site upgrades as an incentive to do business with your company – to extend
existing or add new supply contracts.
Investment Requires Capital
A Jobber has essentially three options for acquiring capital:
Cash Line of Credit (Bank Loan)
Equipment Financing
Plus Minus
No interest R.O.I. can be lengthy
Fast as you want it to be
Placing equipment @ 3rd party location w/
cash may put ownership in
question.
Spending valuable cash
on depreciating assets in
environment where cash is
king.
Plus MinusPotentially lower
interestBorrowing
against appreciating
assets to purchase
depreciating equipment
Potentially fast and easy
Reduces ability to use LOC for
growth opportunities
If collateralized by real estate, term may be
longer
LOC can become
cluttered w/ various
equipment ar various
locations w/o meaninful
capital structure.
Plus Minusonly equipment
and your signature as the
collateral.
Rate may be higher than your
bank.
100% of your acquisition
without liens on land or hard
assets.
Term is typically shorter than the
bank. 24-84 months.
Fast and efficient process
No closing fees, nominal cost to
close
simple, fixed monthly payment
Section 179 A popular tax deduction in the “fiscal cliff” legislation that is designed to help encourage equipment acquisitions in 2013.
Cost of equipment $600,000.001st year write-offs • Section 179 $500,000.00 • Bonus depreciation* $50,000.00 • Normal 1st year depreciation** $7,145.00Total deduction in 1st year $557,145.00Marginal tax rate assumed 35%*** $195,000.75
$404,999.25Bottom line equipment cost after tax
The Process One-page application for projects under $200,000 for marketers
For transactions over $200,000 for marketers, we will need a full financial package to provide a decision within 5 days of receipt.
Our standard credit requirements are 2-3 years in business, 650+ CBR, reasonable bank balances, home or site ownership, no significant adverse and unresolved credit events (judgments, tax liens).
TLS-450 0% Financing With Free Installation Find out how you can drive equipment sales with Patriot Capital and Veeder-
Root’s 0% Financing with Free Installation Promotion for the TLS-450.
GILBARCO ENCORE PATRIOTFINANCING PROGRAM
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