A new partnership is expected to hold benefits for both Allied Brand Capital and BPAMA, along with their clients.
Allied Brand Capital (ABC) is now one of the newest Affiliate Partners under the BPAMA Affiliate Member Program.
“BPAMA is a powerhouse of knowledge in the petroleum marketing business and one of the most effective Associations of its kind in the petroleum industry,” said Mike Cerminaro, president of ABC. “This Program allows BPAMA fuel marketer members the opportunity to engage with high quality service providers, like Allied Brand Capital,” said Jack Allard, executive director of BPAMA. “The goal of creating Affiliate Partnerships is to add value to all BPAMA’s Marketer members, to the Service providers who partner with us, and for the Association.”
Given the significant capital requirements related to EMV upgrades, BPAMA Marketers are expected to benefit through special pricing on equipment financing, through network opportunities structured and designed by ABC. “These are financing programs that give BPAMA Marketers additional options for managing these expenses,” said Allard.
“At ABC, we believe working with clients, like the BPAMA Marketers, to help them tackle their business and work flow challenges, as opposed to just providing financing, is the right approach,” said Cerminaro. “When lenders only focus on financing they often miss significant opportunities to make a real difference for their clients.”
Fuel marketers and retailers have been considering how they can make their investments in EMV equipment match the cash flows of their business, rather than being exposed to a large one-time capital outlay. In response to these inquiries, ABC offers a comprehensive set of financing solutions to assist with EMV migration and other capital requirements for equipment upgrades.
ABC’s innovative financing programs not only provide solutions for financing new EMV- upgraded equipment, but they also provide financing that may include the related costs of installation, freight and sales tax. In addition, the program can provide financing solutions for underground storage tanks, above ground storage tanks, bulk on-island DEF dispensing equipment, LED lighting, car wash equipment, franchise fees, food service equipment and other in-store equipment needs.