create practical, effective standards. PEI, in particular,
has taken this new role to heart. The number of PEI
industry practices has grown exponentially in recent
years as UST installers, UST regulators, equipment
manufacturers and owners have recognized the value of
defining standard installation and maintenance practices
for various systems and components.
As major oil companies exit gasoline retailing,
additional trade organization standards for new
installation, operation and maintenance needs will
fill an increasingly great void. Producing a library of
recommended practices on topics as varied as testing the
electrical continuity of hanging hardware, the design of
lubricant distribution systems, and the design of marina
fueling systems was not in PEI’s long range plan in 1987.
Back then, in fact, at least some PEI members were wary
of the association assuming this role.
“It was the addition
of the card-reader-
that really changed
fuel marketing. “
Remember when nozzles hung on the side of
dispensers and most dispensers dispensed a single
grade of fuel? When you had to scout around to find
the dispenser for the super grade of fuel when you
pulled into an unfamiliar station?
A change that will take your business to greater heights
American Equipment Finance is now part of Ascentium Capital
Our industry experts can help you determine the finance options that are just right for you.
Visit our website for more information or contact Len Baccaro Sr. VP Sales
at 800-785-3060 ext. 1931 or at LenBaccaro@ascentiumcapital.com
What does this mean for you? Ascentium Capital is a direct lender and o;ers greater
access to financing that will help your business grow. And, we provide more options for
the most e;ective and innovative financing and leasing.
At Ascentium Capital, we understand that the gas station/C-store environment is fast-paced and highly competitive. As such, you need financing solutions that address your
day-to-day operational expenses, as well as business growth and expansion. Whether
you’re a jobber with multiple locations or an independent with a single station, we’ll
provide financing options that contribute to better cash flow management, and ultimately,
to a more profitable operation.
We o;er the financing solutions for just
about everything you’ll need, including:
• Underground tanks
• Above-ground tanks
• Canopies & signs
• Ground-up projects
• LED lighting
• C-Store equipment
• Card systems
Ascentium Capital LLC 258 King George Road, Warren, NJ 07059
Second Quarter 2012 | PEI JOURNAL | 4 1