PEAC Solutions and CPI launch rental program for vending operators

PEAC Solutions and Crane Payment Innovations (CPI), a Crane NXT, Co. company, have launched a new rental program designed for customers in the convenience services industry. The program provides operators with access to CPI’s vending and payment technology through a monthly rental model, instead of requiring traditional equipment purchases or financing.

The program includes CPI’s BevMax and Merchant vending machines, as well as its COTI coffee product line. These machines come equipped with integrated cashless readers and digital touch screens that support features like card payments, two-tier pricing, and promotional capabilities.

Under the terms of the rental model, businesses pay a fixed monthly fee for the use of CPI’s equipment. Because rentals are treated as operating expenses rather than capital expenditures, customers may benefit from greater flexibility in managing cash flow and budgeting, particularly in a challenging economic environment.

Sharon Peyer, Vice President and General Manager of Convenience Services at CPI, noted that the initiative is aimed at increasing access to advanced vending technology for operators who may not have the capital to purchase new equipment outright.

“Early indicators suggest PEAC’s Rental Program could be a game-changer for many operators who have traditionally relied on borrowing or purchasing lower-end or used machines,” Peyer said.

Bernadette Braden, Director of Program Development for CT&I National Accounts at PEAC Solutions, said the collaboration responds to structural changes in how equipment operators approach capital and operational expenses.”

The new rental program with Crane Payment Innovations “offers a rental solution that puts machines into service with predictable payments over the terms of the rental,” Braden said. “This new program showcases PEAC’s flexibility and consultative approach to lending, creating positive change for equipment operators in today’s world.”