Technology/Services

Royal Buying Group Creates Leasing Partnership

Joins with JH Equipment Leasing to help members streamline process
LISLE, Ill. -- Royal Buying Group Inc., a major convenience store buying group, and JH Equipment Leasing Co., a provider of leasing facilities and micro-leasing facilities, have entered into a partnership to provide Royal Buying Group members with automated access to the these financial products.

JH Equipment Leasing's proprietary leasing portals will allow the members of RBG's various buying groups to configure leases in a manner that best fit their individual needs, enabling businesses seeking financing to choose from a variety of leasing solutions that address everything [image-nocss] from the acquisition of one piece of equipment to outfitting an entire chain with their sustaining capital needs.

Doug Hecker, the managing director of JH Equipment Leasing, said, "For too long, leasing equipment has been a cumbersome process for the lessee, and that has slowed the delivery of much-needed equipment and the capture of revenue for the merchant. Our solutions and product offerings catalyze this process, turning the whole experience into a one-stop, hassle-free process."

Royal Buying Group, headquartered in Lisle, Ill., is a national organization dedicated to maximizing sales and profitability of convenience stores, petroleum locations, college book stores, truckstops/travel plaza centers, auto repair facilities, tobacco outlets and liquor stores. It now represents almost 6000 locations nationwide. The core service capabilities include negotiating with regional and national suppliers for sales and marketing programs, providing category management, marketing support, customer service support and more.

JH Equipment Leasing, headquartered in Paradise Valley, Ariz., is an equipment leasing company dedicated to making the leasing of equipment more accessible to businesses of all sizes. It operates both an equipment distributorship and a leasing company, and it seeks to develop business relationships with manufacturers of equipment, marketing companies and other businesses.

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