September 2017 Patriot Capital Industry News
Quick Trips Make Up More Than Half of All Shopping Trips
As retail continues to evolve, C-Stores are well positioned to meet emerging customer needs. Having a convenient location, combined with the proper selection of 'fill-in' items, can drive extra profit.
This story from Convenience Store News highlights key insights into how you can maximize this opportunity.
The number of compromised debit cards rose 70% last year. via Kiplinger
Why Wait? No Payments, No Interest Until 2018!
Patriot Capital's Why Wait program allows you to upgrade your site this summer, and have no interest or principal payments until 2018.
The program applies to all C-Store and fueling equipment, including gas pumps, image upgrades, and underground storage tanks.
The promotion applies to all brands of equipment, installation, shipping and taxes for upgrades and new sites ordered by Nov. 30, 2017.
51% of convenience retailers said that first half 2017 fuels sales were higher than last year. via NACSDaily
Financing Your Synergy Image Can Enhance Your Cash Flow
Did you know that Patriot Capital finances Synergy and other brand image upgrades?
If you are considering upgrading or converting your brand, financing provides many advantages:
- 100% Financing of Project Costs
- No Liens on Land or Other Assets
- Upgrades May be Eligible for Section 179 Accelerated Tax Benefits
Less than 2% -- Share of electric vehicles projected to be on the road in 2025. via NACSDaily
How Should Your Company Be Structured? 
Should your business be organized as an LLC, S corp, C corp, sole proprietor or partnership? This article from INC magazine provides an overview of the benefits of each entity type. Answer the ten questions to find out your best approach.
Will Capital Equipment Be 25% More Expensive Under the Trump Tax Plan?
The proposed tax changes by President Trump are an ambitious attempt to deal with both improving the current tax code and stimulating the economy. There are four areas that warrant a closer look as they may make purchasing equipment more expensive.
If you are planning an equipment investment in the next few years, understanding the impact of these changes can help you plan to minimize your after tax costs.