LISLE, Ill. — Clark Crown Brands LLC is adding two new enhancements to its existing point-of-sale (POS) upgrade program.
Clark and Crown fuel marketers can now access zero-interest program financing through a new alliance with Patriot Capital, a private-equity firm and provider of equipment financing solutions for fuel marketers. Clark's unbranded dealers may also obtain POS financing through Patriot Capital at rates starting at 1.9 percent.
Additionally, Clark has extended its special pricing and subsidy program through Jan. 31, 2016. Fuel marketers can take advantage of the program or elect to apply the savings toward buying down the interest and pay over time through Patriot Capital.
"We believe these enhancements help marketers address the pressing needs of keeping up with the latest technology and operational best practices while providing cost-effective solutions to our customers," stated Clark Crown CEO Stephen Ruch.
Lisle-based Clark Crown Brands LLC has more than 90 years of experience in gasoline marketing and owns and licenses the Clark and Crown fuel brands, as well as the On The Go, Fast Fare and Express Mart convenience store brands to fuel and lube oil marketers. Clark Crown also processes payment transactions for Clark, Crown and independent fuel stations in 29 states and the District of Columbia.
"We are excited to enter into an exclusive agreement with Clark Brands to provide exclusive equipment financing services to their c-store dealers," said Patriot Capital President Chris Santy. "This partnership allows their dealers to continue to upgrade fueling and marketing infrastructure and equipment at their sites. In addition to the special offer related to point-of-sale upgrades, we can also help Clark's dealers finance other improvements — including gas dispensers, price signs, underground storage tanks and other equipment work — at competitive rates."