Patriot Capital Corp. recently promoted Mike Borelli, a sales executive with more than 20 years of experience in equipment financing and leasing, to national sales manager, said company president Chris Santy.
Borelli, who has been eastern regional manger for Patriot Capital since his arrival in 2010, will now command a growing sales force charged with connecting fuel marketers, jobbers and dealers with hassle-free financing opportunities throughout the United States.
“The combination of EMV [Europay, MasterCard and Visa], c-store marketing technology, alternative fuels and Section 179 creates a range of questions about how to grow, and providing insights into the tradeoffs of using cash, versus borrowing, versus financing, is a key charge for our sales team,” Borelli said.
Borelli joined Patriot Capital after a 13-year stint at Master Lease/Tokai Financial Services/De Lage Landen, where he oversaw a $1 billion technology-financing portfolio for clients in a 26-state region. Borelli also helped bank leasing companies, including AEL Financial and Heartland, where he developed a wide variety of programs for a range of capital equipment industries.
Atlanta-based Patriot Capital specializes in providing equipment financing to retailers in the convenience-store and retail petroleum-fueling industries. It is a leading provider of capital equipment financing and leasing to National Association of Convenience Stores (NACS) and Society of Independent Gasoline Marketers of America (SIGMA) members.