ATLANTA, GA, January 06, 2016 /24-7PressRelease/ -- Recently, the Federal Reserve Bank made an announcement regarding the fact that it would be implementing measures to raise interest rates. A number of analysts have stated that they are expecting the baseline rates to be raised by as much as 4-5%. However, Patriot Capital, a leading financial services provider to the C-Store and Gas Station industry, has stated that it will not raise rates on any applications that it approves between now and January 15, 2016.
The Wall Street Journal has labeled the looming interest rate hike as 'The End of Era' in that anyone who has loans will no longer be able to enjoy low interest rates on the outstanding balances. As a result, these individuals and business owners could now find themselves paying hundreds - or even thousands - of dollars more on their loans each month, which would have a negative impact all round.
Patriot Capital has a number of options available, all of which enable C-Store and Gas Station buyers and/or owners to finance their existing loans or purchases of assets and industry-related items such as car washes, fuel dispensers, fuel storage tanks, re-branding of signage, in-store equipment such as card machines and other point of sale (POS) equipment at extremely competitive rates.
To date, Patriot Capital has funded more than $300 million in retail petroleum equipment, which has in turn enabled more than 3,000 satisfied customers to remain in business throughout the country. This makes them one of the largest industry players when it comes to providing finance to business owners in the petroleum industry. The company is also VeriFone, OPW, Gilbarco Veeder-Root's and Fiscal's exclusive endorsed.
Patriot Capital has the industry connections and the right expertise and experience to enable its clients to get their loan applications approved as quickly as possible. The company ensures that its applicants receive the best interest rates in the industry as well, allowing applicants to achieve their business goals.
Anyone who would like to find out more about the loan options that are available from Patriot Capital can do so here: http://www.patriotcapitalcorp.com/
About Patriot Capital:
Patriot Capital is a financial institution that specializes in meeting the monetary needs of the commercial and retail petroleum industry. The company's main office is situated at 1200 Ashwood Parkway, Suite 570 Atlanta, GA and its representatives can be contacted by calling 877-527-0383 or by filling out the quick and convenient contact form that is on the company's website.
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