Empire Petroleum Enhances Financing Options for Its Dealers
DALLAS — Through an exclusive strategic financing partnership with Patriot Capital Corp., Empire Petroleum Partners LLC retailers may now turn to Patriot to access enhanced financing options to upgrade their equipment to meet consumer demands for convenience and technologies, both in-store and at the pump.
Headquartered in Dallas, Empire is a motor fuels distributor whose brands include Shell, Sunoco, BP, Chevron, Texaco, Valero, Gulf, Marathon, ExxonMobil, Phillips 66, Crown and 76. It currently distributes motor fuel products to gas stations in 29 states.
“Patriot Capital’s experience and strategic insights into financing options will be of major benefit as we and our partners seek to meet our aggressive growth objectives,” said Ted Roccagli, director of partnerships and preferred vendor programs, Empire Petroleum Partners. “The partnership with Patriot Capital Corporation gives our dealers the ability to obtain rapid approvals and execute deals efficiently to enable their success.”
Atlanta-based Patriot Capital — a division of State Bank and Trust Co. — provides hassle-free equipment financing in the retail and commercial fueling industries.
“We are excited to expand our relationship with Empire Petroleum,” said Chris Santy, president of Patriot Capital. “With EMV and marketing technology upgrades becoming a necessity for c-store operators, their vision is something we hope to help enable and support through our hassle-free equipment financing and leasing solutions. We are honored to be selected as their exclusive equipment-financing partner for products including dispensers, point-of-sale, ATGs and underground storage tanks.”