Patriot Capital: Is Equipment Financing Right For Your Business?

Patriot Captial - Is Equipment Financing Right For Your Business?You have options in how you finance your fueling and convenience store equipment. Adding new EMV gas pumps, POS, LED’s, storage tanks or EMV upgrades? View the short video below to learn how business equipment financing and leasing for your convenience store compares with other loan and borrowing options.

Feel free to give us a call at 1.800.451.4021 if you would like to finance your next equipment purchase or visit Patriot Captial’s Equipment Financing Learning Center to learn more.

The John W. Kennedy Company appreciates your business and continued support!

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Available Tax Incentives – Accelerated Depreciation

2018 Tax ChangesGilbarco Encore, Passport PX60 & Veeder-Root TLS450 PlusPatriot Capital

Our good friends at Patriot Capital have asked us to share one of the benefits of the new tax laws; expansion of Section 179 and Bonus Depreciation!

As Richard Browne, Patriot Capital Vice-President and Marketing puts it, “Bottom line, most dealers and jobbers will be able to deduct 100% of their equipment purchases in the first year, rather than over the traditional seven years.  This has some significant tax benefits for them.”

Click here to see the document that explains accelerated depreciation on page 1, summarizes the changes on page 2 and gives an example of how it works on page 3.

If you are looking to purchase new equipment and would like to take advantage of these expanded tax benefits, give us a call at 1.800.451.4021 today!  We can also work with Patriot Capital to help with your financing.

 

The John W. Kennedy Company appreciates your business and continued support!

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Passport PX52 (PX51) Hardware: Support ending for upcoming release in March 2018

Gilbarco Veeder-Root

End-Of-Life Announcement:
Passport PX52 (PX51) Hardware

Gilbarco Veeder-Root is committed to maintaining service and support for all their solutions for the full extent of their hardware lifecycles. This support continues until they can no longer provide spare parts, or when significant technological advances dictate otherwise.PX52 End Of Support

The Passport PX52 (PX51) hardware set was released in 2005 and has served thousands of  Gilbarco Veeder-Root customers with fourteen major Passport releases and millions of hours of store operation. The PX60 Passport All-In-One hardware was introduced as the next evolution in April 2014 and sold across all petroleum/convenience networks and markets over the past three years.

Support for the PX52 (PX51) hardware set will be discontinued starting with Version 11.02 (Release 4) and all subsequent releases. This release is currently scheduled for production release starting March 2018.

PX52 End Of Life AnnouncementTo further help with key dates that pertain to the PX52 (PX51) hardware End-Of-Life support, please view the End-Of-Life Announcement: Passport PX52 (PX51) Hardware Gilbarco Veeder-Root has published.  The announcement includes a chart of milestones along with links to embed the key dates into your calendar as reminders.

PX60-Tradeup discounts are still available if you wish to upgrade from your existing PX52. Call us at 1.800.451.4021 to upgrade your system today!

 
The John W. Kennedy Company appreciates your business and continued support!

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Why Wait – No Interest, No Payments Until 2018!

Why Wait? Qualified Customers Get No Payments on Equipment and Installation.

patriot-logoIf you are considering upgrading your site, there’s never been a better time.  Lock in today’s low interest rates through December 2022 when you finance your new gas pumps, point of sale, underground storage tanks or other fueling or in-store equipment.

Encore_700_wJWKOrder by November 30, 2017.  Equipment installed by December 31, 2017 is eligible for Section 179 tax savings in 2017.

Our friends and partners at Patriot Capital would love to help you finance those upgrades.

Tanks

See the attached credit application or give us a call at 1.800.451.4021 and ask us about this program!

Program available to qualified borrowers.

We appreciate your continued business and support!

Gilbarco Announces First US Fuel Dispenser EMV “Chip” Transaction

Gilbarco First US EMV Dispenser
The following article has been reproduced from the original content found at http://www.gilbarco.com/us/news/gilbarco-announces-first-us-fuel-dispenser-emv-chip-transaction

Heightens Security and Meets Growing Consumer Expectations

Thursday, June 15, 2017

Gilbarco Veeder-Root has announced the successful processing of the first US EMV™ “chip” transaction at a fuel dispenser, utilizing Gilbarco’s Passport® Point-of-Sale (POS) and Encore® fuel dispensers on the First Data network (NYSE:FDC).

Gilbarco’s Passport POS solution is the first POS in the US to process forecourt EMV transactions, leveraging FlexPay™ CRINDS from Gilbarco.  Gilbarco expects forecourt EMV payments to quickly begin turning on across the country at the large installed base of FlexPay CRINDS as the software is released for payment networks throughout the year, and as fraud migrates to less secure payment points and security-conscious customers migrate to those sites with enhanced security.  The Passport POS system has supported EMV in-store transactions since May 2016.  With simple software upgrades, Passport sites can be easily configured and enabled for full EMV transactions at the dispenser for all major card types.

“Gilbarco is proud to continue to lead the market on EMV technologies, both inside the store and at the dispenser.  Our customers are looking to enable EMV at the dispenser as soon as possible, to provide the security their customers expect of them, and to get the most of the forecourt EMV hardware investments they’ve already made,” said Mark Williams, Vice President of Marketing, Gilbarco Veeder-Root.

Kamlesh Patel, owner of the 49 Fuels site processing the first US forecourt EMV transaction was eager to enable EMV at the forecourt, stating, “Our dispensers were already EMV-ready, so turning on EMV at the dispenser just required a simple Passport software upgrade.  We’ve seen our customers rapidly become accustomed to paying with their chip cards inside the store on our Passport system, and they are quickly expecting to be able to use their chip card at the dispenser, as they know that it gives them additional security.”

For more information about the Fundamentals of EMV, please go to http://www.gilbarco.com/us/learning-center/emv-c-store-retailers.

About Gilbarco Veeder-Root
Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations. It offers the broadest range of integrated solutions from the forecourt to the convenience store and head office. For over 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support and proven reliability. Major product lines include: fuel dispensers, dispenser media, point-of-sale systems, payment systems, tank gauges, software development and integration, fleet management systems and nozzles.patriot-logo

For more information about Gilbarco EMV or any other Gilbarco Veeder-Root products,  feel free to contact us at 1.800.451.4021.  And that’s not all!  Not only can we help with your equipment needs but our great partners at Patriot Capital are THE Equipment Financing Specialist of our industry.

We appreciate your continued business and support!

Passport Product Alert: Okidata Laser Printer – Troubleshooting Tip

Okidata_logo

Paper-Jam-Office-Space

Are you experiencing excessive paper jams with the Okidata Laser Report Printer? If so, this may be caused by the use of recycled printer paper – Use of this type of paper will cause excessive jams that may damage the printer. Many recycled papers are not designed for laser printers and do not meet the minimum specifications for laser printer paper.

Recommendation:
If you are using recycled paper, the TRAY 1 MEDIA TYPE in the MEDIA MENU should be set to RECYCLE. Use only recycled paper specific for laser printers that does not exceed 50% post-consumer content.

Feel free to contact us at 1.800.451.4021 with any questions.


We appreciate your business and thank you for your continued support!

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