Wayne, Petroleum Capital Launch Lease Program

Dresser Wayne, the manufacturer of gasoline dispensers, and Portland, Ore.-based Petroleum Capital Co. said they will offer full-service equipment leasing program to the retail petroleum industry. The program will include preferred credit and documentation transaction processing, a broad range of leasing products, shared field support, marketing support and field training.

The new program will give petroleum and convenience store retailers flexible payment and financing options that will assist them in the selection, deployment and support of new Dresser Wayne retail solutions, the companies said. Retailers will be afforded an optional four-year maintenance package for the length of the lease that covers dispensers, card readers, card reader printers and help desk coverage.

"The retail petroleum industry is undergoing a fundamental change in the way business is done, and technology is leading that change," said Rollie White, Dresser Wayne vice president of sales and marketing. "Dresser Wayne, through its strategic relationships with leading technology and service providers like Petroleum Capital is making it easier for our customers to make a profit while having the most advanced systems for serving their customers."

"Our emphasis will be on positioning both Wayne and their customers for an orderly migration through technological advancement," said Bill Arnold, Petroleum Capital's vice president of sales and marketing. "To do this, we will provide an aggressive equipment leasing program."
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