Veeder-Root and NOV Partner to Make Forecourt Equipment More Accessible

Veeder-Root, a global leader in fuel management and environmental systems technology, has announced a partnership with NOV, a renowned manufacturer for the energy industry. The collaboration aims to make forecourt equipment more accessible to site owners and operators.

Through the Veeder-Root and NOV financing bundle program, customers can now purchase complete forecourt site equipment at competitive rates. This program is specifically designed to support customers with single wall tanks or those looking to upgrade their existing equipment.

To address the challenges posed by high interest rates, the financing bundle program offers two attractive options: 4.9% for 60 months and 5.49% for 72 months. This initiative provides 100% financing opportunities up to $350,000, with fixed payments, potentially saving end-customers up to $59,402 in interest costs.

The tank replacement financing bundle program includes the purchase of various eligible products, ensuring that site owners and operators have access to the equipment they need to thrive in today’s dynamic fueling environment.

Lindsay Neubecker, Director of ATG & Vapor Product Platforms for Veeder-Root, expressed excitement about bringing together two industry-leading providers of forecourt equipment. She emphasized that this partnership is revolutionizing accessibility in the fuel handling industry and helping customers excel in their operations.

Juan Carlos Marroquin, Senior Vice President of Sales and Marketing at NOV’s Fiber Glass Systems business unit, also expressed enthusiasm about the collaboration. He highlighted the value proposition this partnership offers to operators, removing barriers for those seeking to upgrade their infrastructure.

Veeder-Root and NOV will be showcasing their products and discussing the financing program at the 2023 NACS Show in Atlanta, GA from October 4-6. Attendees can visit the Veeder-Root team at booth B4031 and the NOV team at booth B5049.

This partnership between Veeder-Root and NOV demonstrates their commitment to providing the best financial options in the industry. Site owners and operators can now benefit from unparalleled financing opportunities to complete their projects efficiently and cost-effectively.

For more information about this financing program and to explore available options, interested parties can contact Patriot Capital at patriotcapitalcorp.com/contact-us/application or call +1.877.527.0383.

About Veeder-Root:
Veeder-Root is a leading global supplier of fuel management and environmental solutions, renowned for its excellence in the petroleum industry. Their portfolio includes a range of market-leading products such as Automatic Tank Gauges, submersible pumps, and vapor recovery solutions. With installations in over 500,000 tanks worldwide, Veeder-Root’s products and services contribute to the management of onsite operations, compliance reporting, fuel procurement, inventory reconciliation, and accounting processes.

About NOV:
NOV is a technology-driven solutions provider for the global energy industry. With over 150 years of experience, NOV has been at the forefront of innovations that enable safe and sustainable energy production. Their expertise and technology continually improve oilfield operations and support efforts to advance the energy transition. NOV plays a crucial role in powering the industry that powers the world.

In conclusion, the partnership between Veeder-Root and NOV brings together two industry leaders to provide accessible financing options and high-quality forecourt equipment. This collaboration will undoubtedly benefit site owners and operators, enabling them to upgrade their infrastructure and thrive in the evolving fueling landscape.