ASCENTIUM CAPITAL SUPPORTS WAYNE FUELING SYSTEMS SUMMER OFFER
KINGWOOD, TX, July 7, 2015 – Ascentium Capital, a leader in providing equipment financing across the United States, announces its support of Wayne Fueling Systems (“Wayne”), a global provider of fuel dispensing, payment, automation, and control technologies for retail and commercial fuel stations, through its customized finance program.
Ascentium Capital specializes in providing equipment lending solutions to the petroleum industry. Wayne is leveraging Ascentium’s specialized finance program to help ensure C-store and fuel retailers have a convenient way to acquire Wayne Ovation™2 fuel dispensers. When these dispensers are financed through Ascentium Capital’s finance program, Wayne is offering a special promotion on their EMV® hybrid chip card readers. EMV is the global standard created by EuroPay, MasterCard, and Visa to securely authenticate credit and debit card transactions. To be compliant with payment network EMV requirements, fuel retailers are encouraged to upgrade indoor POS software and hardware by October 2015, and outdoor pay-at-the-pump equipment by October 2017. This offer is available through September 30, 2015.
“We are pleased to team up with Ascentium Capital to ensure our distributor network has a financing solution to extend to their clients when they are purchasing Wayne equipment and solutions. Our goal is to enhance the point-of-sale solution by offering a secure, state-of-the art EMV® payment platform, helping drive the success of C-stores and fuel retailers,” commented Wayne’s Director, U.S. Distribution and National Accounts, Dave LaCaille.
“Combining Wayne’s dispenser and POS solutions with Ascentium’s financing is a way for fuel retailers to conveniently upgrade or add new equipment. Taking advantage of a finance structure that helps manage cash flow as the new dispensers and point of sale solution, will help drive client satisfaction and increase revenue,” remarked Len Baccaro, Senior Vice President of Sales at Ascentium Capital.
About Ascentium Capital
As a direct lender, Ascentium Capital specializes in providing business financing, leasing, and loans for equipment manufacturers and distributors as well as direct to businesses nationwide. The company is backed by the strength of leading private investment firms Vulcan Capital and LKCM Capital Group, LLC.