Candor, NC Again Turns to Sparta’s Municipal Lease Program



Sparta Commercial Services announced that, for the third time in a two-year period, the town of Candor, NC has chosen Sparta’s Municipal Leasing Program to provide financing to add to the town’s police cruiser fleet.

Candor began leasing equipment through Sparta Commercial in 2014 with a fleet of Dodge Chargers, and later that same year with the lease of a Brush Truck for the Fire Department.

Candor, NC is just one of 14 jurisdictions in the state of North Carolina and over 80 jurisdictions around the country to have participated in the Sparta Municipal Lease Program, and who have taken advantage of the alternative the program offers to governmental agencies to the method of purchasing their essential equipment outright.

The Sparta Municipal Lease Program supports a wide variety of essential equipment for police, fire, EMS, public transportation, administrative and public works departments, and is especially helpful to those various governmental agencies looking to get more product for their budget.

Commenting on the most recent transaction, Anthony Havens, Sparta’s CEO, said, “When we see a jurisdiction like Candor use our product across multiple department lines, in this case law enforcement and fire rescue, that tells us that there continues to be a real need; and that once a jurisdiction utilizes our product, they recognize the intrinsic value and so continue to reach out to us for a myriad of needs.”

Sparta Commercial Services is a developer, manager and servicer of custom mobile apps for dealer networks and businesses, providing motor vehicle history reporting to dealers and consumers and offering and administering vehicle and capital lease programs for municipalities.

 


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com